The latest long-term forecast predicts that the Lucid stock price will reach $5.35 by the end of 2024 and then rise to $6.43 by the end of 2025. The stock price is expected to continue its upward trend, reaching $7.83 in 2026, $9.38 in 2027, $10.68 in 2028, $11.76 in 2029, $13.03 in 2030, $16.72 in 2035, $20.39 in 2040, and $29.58 in 2050. Based on this forecast, it is safe to say that Lucid stock prices will experience steady growth in the coming years.
Long-Term Lucid Stock Price Predictions
Lucid Stock Forecasts for 2024, 2025, 2026, 2027, 2030, 2040, and 2050 are available here. TradingView charts and technical analysis are used to forecast or predict the price of Lucid stock. This price prediction was aided by expert advice and information from other sources.
| Year | Mid-Year | Year-End | Change,% |
| 2024 | $2.62 | $5.35 | +33.08% |
| 2025 | $4.78 | $6.43 | +59.95% |
| 2026 | $6.87 | $7.83 | +94.77% |
| 2027 | $8.60 | $9.38 | +133.33% |
| 2028 | $10.15 | $10.68 | +165.67% |
| 2029 | $11.08 | $11.76 | +192.53% |
| 2030 | $12.28 | $13.03 | +224.12% |
| 2035 | $15.78 | $16.72 | +315.92% |
| 2040 | $19.44 | $20.39 | +407.21% |
| 2050 | $28.24 | $29.58 | +635.82% |
Lucid (LCID) Stock Price Live Chart
Lucid Stock Price Forecast 2024
Lucid starting price in 2024 was $4.05. As of today, It was trading at $4.02, indicating a -1% decrease in price since the beginning of the year. The predicted Lucid price at the end of 2024 is $5.35, with a year-on-year growth rate of 32.09%. The increase in price from today to year-end is estimated to be 33.08%, and by mid-2024, we expect to see the price at $2.62.
Lucid Stock Price Prediction 2025
According to market projections, Lucid stock price will reach $4.78 in the first half of 2025. Furthermore, by the end of the year, it is expected to increase by $1.65, closing at $6.43, signifying a remarkable 59.95% increase from the current price.
Lucid Stock Forecast 2026
Based on a financial forecast, Lucid stock price is projected to commence at $6.43 in 2026, followed by a significant elevation to $6.87 within the first six months of the year, and conclude the year at $7.83, indicating an overall increase of 94.77% from the present stock price.
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LCID Stock Price Prediction 2027
According to the latest projections, Lucid stock value is expected to increase significantly in the coming years. By 2027, the stock is predicted to start at $7.83, then experience a notable boost within the first six months of the year, soaring to $8.60. The upward trend is expected to continue, with the stock finishing the year at $9.38, representing a substantial 133.33% increase from its current value.
LCID Stock Price Forecast 2028
According to our analysis, Lucid is expected to start the year 2028 at a value of $9.38 and rise to $10.15 within the first six months of the year. By the end of 2028, it is predicted to reach $10.68, implying a growth rate of approximately 165.67% from its current value.
LCID Stock Forecast 2029
According to market analysts, Lucid stock is predicted to experience significant growth over the next few years. It is estimated that by the start of 2029, the stock will be valued at $10.68. Over the first six months of the year, it is expected to soar to $11.08, reflecting a substantial increase in value. By the end of 2029, Lucid stock is forecasted to reach $11.76, indicating an impressive 192.53% increase from its current value.
Lucid Stock Price Prediction 2030
According to the latest projections, it is believed that Lucid stock price will start the year 2030 at $11.76. This is expected to be followed by a steady climb, with the stock reaching $12.28 within the first half of the year. The trend is expected to continue, and Lucid stock is predicted to finish the year at $13.03. This represents a significant increase of about +224.12% from the current stock price, making it an attractive investment opportunity for those looking to invest in the company.
Lucid Stock Price Prediction 2035
Based on a long-term analysis of Lucid stock, it is predicted that the value of LCID shares will rise significantly by the year 2035. Specifically, the price of LCID is expected to increase to $16.72, representing a gain of +315.92%. This prediction takes into account various market factors and trends that are expected to impact the performance of LCID over the next two decades.
Lucid Stock Price Prediction 2040
According to a long-term forecast analysis, the price of Lucid (LCID) stock will significantly increase to $20.39 by 2040, representing a gain of over 407.21%. This positive trend is expected to continue in the years to come, resulting in a profitable opportunity for investors.
Lucid Stock Price Prediction 2050
Based on an analysis of the S&P 500 as the benchmark, it is predicted that the value of Lucid stock will soar to $29.58, representing an exceptional increase of +635.82% by the year 2050. This forecast indicates a highly promising outlook for Lucid future growth and profitability and suggests that the company is well-positioned to continue its impressive performance in the long term.
Is Lucid overvalued now?
Lucid (LCID) is currently overvalued. The intrinsic value of one LCID stock is estimated to be 2.93 USD under the Base Case scenario, while the current market price is 4.02 USD, making it overvalued by 37.2%.
Is Lucid a Good Long-Term Buy?
Lucid Motors (NASDAQ: LCID) faces significant challenges, and whether it is a good long-term investment depends on several key factors and your risk tolerance.
Key Considerations for Lucid Stock
- Competitive Pressure from Tesla: Tesla’s recent price cuts in Europe highlight the increasing competition in the electric vehicle (EV) market and suggest a potentially weakening demand. This aggressive pricing strategy could pressure other EV manufacturers, including Lucid, to lower their prices, which may compress profit margins and impact profitability.
- Financial Position and Valuation: Despite the significant drop in its stock price (down roughly 95% from its high), Lucid still trades at a forward price-to-sales (P/S) ratio of 4.6, indicating it is priced for high growth expectations. However, the company remains far from profitability, with substantial cash burn and a large net loss reported in Q3 2023. While Lucid has a decent cash reserve, its continued financial strain is a significant risk factor.
- Production and Sales Challenges: Lucid’s long-term viability hinges on its ability to scale production and significantly increase sales. However, achieving these goals is challenging given the current market conditions, including softening demand in the EV sector and increased competition. Additionally, Lucid’s focus on the ultra-luxury market narrows its customer base, potentially limiting its ability to achieve high sales volumes.
- Broader Market and Economic Environment: The growth of the EV market depends on several factors, including consumer demand, government incentives, and overall economic conditions. With major automakers like General Motors and Ford scaling back planned EV productions, there could be broader market concerns about the near-term future of EV adoption and profitability.
Lucid Motors could be a good long-term buy if you believe in the growth potential of the EV market and Lucid’s ability to establish itself in the ultra-luxury segment. However, investing in Lucid is highly speculative and requires confidence that the company can overcome its current challenges, scale production, manage cash burn, and eventually achieve profitability.
FAQs
Lucid currently holds a Neutral consensus rating. This rating is based on the evaluation of 1 strong buy rating, 1 buy rating, 10 hold ratings, 1 sell rating, and 2 strong sell ratings.
Lucid stock price is expected to increase by 192.53%, from $4.05 to $11.76, within the next five years.
Lucid stock price is expected to increase by 315.92%, from $4.05 to $16.72, within the next ten years.
Yes, Lucid stock is currently a good stock to buy as the price is expected to increase by 33.08% in the next year.
Based on the current analysis, Lucid stock would need to gain an extraordinary 2,290.66% to reach $100. According to the forecast, Lucid stock will not reach $100.
Based on the current analysis, Lucid stock would need to gain an extraordinary 12,483.30% to reach $500. According to the forecast, Lucid stock will not reach $500.
Based on the current analysis, Lucid stock would need to gain an extraordinary 25,302.60% to reach $1,000. According to the forecast, Lucid stock will not reach $1,000.
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