Lucid Group (LCID 2.68%) has been performing better these days than it has in the past. A company once plagued by disappointing sales, product delays, and manufacturing hiccups finally began gaining sales momentum in late 2024 and throughout 2025.
Rivian Automotive (RIVN 0.89%) and Lucid Group (LCID 2.78%) were two start-up electric vehicle (EV) companies with plenty of potential several years ago. The world was in the midst of an EV cycle as many early adopters scooped up Tesla's leading EV offerings and others looked for alternatives.
It has been a rollercoaster year for Lucid Group (LCID 2.68%), with shares of the electric vehicle (EV) maker gyrating between $16 and $35. But one Wall Street analyst remains unfazed.
Earlier this year, electric car stocks across the board saw sharp declines after the U.S. government revealed that several critical EV subsidies would be eliminated. Since then, however, most of those initial losses have been erased.
For much of the last three years, artificial intelligence (AI) has been the primary catalyst lifting the tide on Wall Street. But it's not the only trend responsible for lifting the benchmark S&P 500 to new heights.
Lucid Group, Inc. is reaffirmed as a speculative Buy, driven by promising growth catalysts despite persistent financial losses and execution risks. Key growth drivers include the Gravity SUV ramp-up, Uber/Nuro fleet contract, Saudi anchor orders, and technology monetization partnerships like Aston Martin. LCID faces significant risks: execution on Gravity production, political volatility around...
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