- The price prediction of LUCID stock looks bullish in 2024.
- The maximum price level of LUCID stock can be around $5.41 in 2024.
- LUCID can reach the maximum price level of $6.83 in 2025.
- LUCID Stock can reach $8.89 in 2030.
LUCID is one of the most popular EV stocks in the market. If you’re looking for the LUCID stock price prediction in the long term, this analysis can be helpful for you. Our prediction is based on an AI/ML algorithm and deep technical analysis of LUCID stock.
LUCID Stock Price Prediction
| Year | Average Price | Maximum Price |
|---|---|---|
| 2024 | $3.17 | $5.41 |
| 2025 | $3.43 | $6.83 |
| 2026 | $4.25 | $7.04 |
| 2027 | $5.53 | $7.61 |
| 2028 | $6.19 | $9.23 |
| 2029 | $6.34 | $7.16 |
| 2030 | $6.75 | $8.89 |
Disclaimer: This price prediction is not investment advice. Our content is for information purposes only and can be speculative. Stocks are volatile and can change their price direction at any time. Before making an investment decision in any stock do your proper research or take guidance from a registered financial advisor.
Since its IPO launch in 2021, the performance of Lucid stock has shown extensive growth in the market. LUCID gave a great return to its investors when their prices rallied to an all-time high (ATH) of $58.05 in February 2021. However, after rallying to its ATH, since then LUCID has been showing a bearish performance.
In the recent bearish events, LUCID has lost significant value. As per our prediction, the value of LUCID stock will not recover to its ATH very soon. There are strong possibilities that if the market sees a good bull run the value of LUCID may gain its position in the upcoming years.
Lucid Group Inc (LCID) overview
| Stock Name | Lucid Group Inc |
| Ticker Symbol | LCID |
| Country | USA (NASDAQ) |
| Official Website | lucidmotors.com |
| Sector | Auto Manufacturer |
| Market Cap | $5.66 Billion |
| All-time high | $58.05 (February 18, 2021) |
| CEO | Peter Rawlinson |
| Competitors | Tesla, Rivian, Ford, and NIO |
LUCID Stock Price Prediction 2024
Along with other automobile stocks, the value of LUCID may recover from long bearish events this year. As per our prediction, the average price level of LUCID stock can be around $3.17 in 2024. If current performance continues the LUCID stock can touch the maximum price level of $5.41 in 2024. According to some market experts, automobile stocks may achieve their recent position in the next few months.
LUCID Stock Price Prediction 2025
As per our price prediction, the average price of LUCID stock can be around $3.43 in 2025. LUCID stock may perform better in 2025 due to the mass adoption of LUCID Cars. The performance of LUCID stock can be bullish in 2025 but it will hardly touch the recent ATH level. If current growth continues, our maximum prediction for LUCID is $6.83 in 2025. However, if the market gets bullish, LUCID may surge more than our prediction in 2025.
LUCID Stock Price Prediction 2026
As per our prediction, LUCID stock may recover a significant value this year. If the market performs as per our calculation the maximum value of LUCID may touch $7.04 in 2026. The year 2026 can end with an average value of $4.25 in 2026. According to some market experts, the bearish environment can last till 2025 so we have high expectations from 2026.
LUCID Stock Price Prediction 2027
The demand for EVs may increase in the upcoming years. LUCID prices may soar and give a good profit this year. As per our price prediction, the average value of LUCID stock can be around $5.53 in 2027. If the market sees some good movement the value of LUCID may skyrocket and surpass most price predictions. As per our calculation, the maximum value of LUCID stock can be around $7.61 in 2027.
LUCID Stock Price Prediction 2028
As per our price prediction, the average value of LUCID stock can be around $6.19 in 2028. LUCID is an emerging automobile maker and it has the potential to touch great highs in the long term. If the market turns bullish the maximum price of LUCID stock may touch $9.23 in 2028. LUCID may also launch new products to increase its market value by 2028 which can help LUCID to recover its value.
LUCID Stock Price Prediction 2029
The average value of the LUCID stock can be around $6.34 in 2029 if we calculate it through the current performance. LUCID can be a profitable investment in the long term. As per our prediction, the maximum value of LUCID stocks can be around $7.16 in 2029. If LUCID launches new initiatives or more investors are attracted to the project in between these years the value of LUCID can be much higher in 2029 than our prediction.
LUCID Stock Price Prediction 2030
LUCID stock can give great returns if you can hold it till 2030. As per our long-term prediction, LUCID stock may recover significant value by this year. In 2030, we may expect an average value of $6.75 for LUCID stock. If the market gets bullish, LUCID may surge more than our prediction and cross our predicted average level. The maximum value of LUCID stock can be around $8.89 in 2030.
Is LUCID a good stock to buy?
LUCID stock has gained huge popularity in a short amount of time. LUCID stock has grown every year if we measure its performance since the IPO. The LUCID investors have made great profits by holding it in the long term. The LUCID stock performed well in recent years but now like other automobile stocks, it is also struggling to gain its position. However, LUCID is one of the most promising companies in the EV automobile segment that can surprise its investors.
As per our prediction, long-term investment in LUCID stocks appears to be a good option to consider. However, stock predictions are not always accurate. Even though LUCID’s performance seems bullish in the long term, LUCID and other stocks are subject to market risk. If you are a smart investor and believe in making long-term investments, LUCID can be a great choice. Before making any investment decision in LUCID or any other stock proper risk management is suggested.
FAQs
What is the price target for LUCID?
Many analysts in the market have given different price targets for LUCID stock. The latest average price target for LUCID is $5.12.
Will Lucid stock ever recover?
Lucid stocks have crossed $50 in 2021 but currently LUCID stock is down by 70% since its ATH. As per our long-term prediction, there is no signal that LUCID stock will recover or touch the last ATH. However, if LUCID launches attractive products and investors believe in the company, LUCID stock can skyrocket at any time.
Will LUCID stock go up?
LUCID is planning to launch new products that may help the LCID stock to go up. However, it’s not easy to predict the accurate price behavior of LUCID or any other stock. The current market sentiments look bearish but the performance of LUCID stock may improve with the company’s performance.
Will LUCID crash?
LUCID stock is recovering and it may rise slowly. According to some market analysts along with other EV stocks, the LUCID stock may also crash. However, as per the current market situation, the growth of LUCID can be slow or bearish but it doesn’t look like it will crash again.
Where will LUCID stock be in 5 years?
The long-term prediction for LUCID looks bullish but the actual value of LUCID stock in five years depends on many factors like the company’s financial performance, demand, and supply of LUCID products. As per our price prediction, the maximum price level of LUCID can be between $5 to $8 in the next 5 years, if current growth continues.
Where will LUCID stock be in 10 years?
If we measure the past performance of LUCID and the current market situation the long-term prediction of LUCID stock looks bullish. The market movement can be positive in the upcoming months. Even if the current performance continues, LUCID stocks’s value can be around $10 to $15 in the next 10 years. However, if you’re looking for big gains with LUCID stocks, it depends upon which type of investment you choose, for the long term or the short one.
Is LUCID a good long-term investment?
It’s almost impossible to predict the accurate value of stocks but a long-term investment in LUCID looks profitable. As we have measured the performance of LUCID year by year it has gained continuously. If LUCID products attract more customers or more investors are attracted to the LUCID stock the value of LUCID stocks may skyrocket in upcoming years. We suggest our readers conduct the maximum level of research before making any investment decision in LUCID.
Is LUCID stock undervalued?
Many stock market analysts believe the LUCID stock is undervalued by 62%. LUCID is a promising automobile company that has working on the emerging EV automobile sector. Because EV is one of the most trending segments, that is the major cause some market analyst thinks that LUCID stock is undervalued.
Will LUCID stock reach $100?
LUCID stock has lost a significant value in the recent bearish events. As per our price prediction, LUCID stock will hardly touch the target of $100 if current growth continues. However, if investors support the company, LUCID may hit the target of $100 in the long term, but the target of $100 with LUCID looks impossible in the current market situation.
