Lucid (LCID)

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Lucid shares rise after beating delivery estimates
Proactiveinvestors NA· 2025-01-06 14:51
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Lucid meets production target with 9,029 EV deliveries in 2024
TechCrunch· 2025-01-06 14:43
Luxury electric vehicle startup Lucid produced and delivered a record number of electric vehicles in the fourth quarter and full year of 2024. Lucid produced 3,386 vehicles and delivered 3,099 in Q4. On a full-year basis, the company produced 9,029 vehicles and delivered 10,241 vehicles in 2024, meeting its previously announced target to produce roughly 9,000 vehicles last year. Those numbers are up about 7% from 2023, when Lucid produced 8,428 units.Along with Lucid’s production and delivery numbers, the ...
Lucid reports record quarterly vehicle deliveries, meets production target
CNBC· 2025-01-06 14:03
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024.Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024 — meeting a previously announced target.The electric vehicle manufacturer reported production of 9,029 units and deliveries of 10,241 cars in 2024. That included production of 3,386 units and delivery of 3,099 vehicles during the fourth quarter, the c ...
Lucid Announces Q4 Production & Deliveries, Sets Date for Fourth Quarter 2024 Results
Prnewswire· 2025-01-06 14:00
NEWARK, Calif., Jan. 6, 2025 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced production and delivery totals for the quarter ended December 31, 2024. During this period, Lucid produced 3,386 vehicles and delivered 3,099 vehicles, of which approximately 7% were subject to operating lease accounting.1 On a full year basis in 2024, the company produced 9,029 vehicles and delivered 10,241 vehicles, of which approximately 5% were subject to ...
2 no-brainer EV stocks to buy now
Finbold· 2025-01-06 12:29
The electric vehicle (EV) market is set to charge ahead in 2025, with global sales projected to surge by 30%, according to S&P Global Mobility. This momentum is expected to put 15.1 million new battery electric vehicles (BEVs) on the road, marking a sharp rise from the 11.6 million estimated in 2024.While regional challenges, including policy uncertainties in the U.S. and subsidy cuts in Germany, create some headwinds, the EV sector continues to thrive. Emerging markets like India and Brazil are witnessing ...
Here's Why Lucid Stock Rose Again Today
The Motley Fool· 2025-01-03 17:34
Shares of Lucid Group (LCID 3.46%) are rising sharply today. While the electric vehicle (EV) maker hasn't yet released its own fourth-quarter production and delivery figures, data from its peers is giving investors reason to be optimistic.At 11:15 a.m. ET, shares of Lucid were higher by 7.9%. That is contributing to the stock's massive 51% move higher over the last month.Fears of lagging EV demand may be misplacedInvestors spent much of 2024 worrying that consumer demand for EVs was dropping. Legacy automak ...
ChatGPT predicts Lucid stock price for 2025
Finbold· 2025-01-03 13:15
Core Insights - Lucid Motors faced significant stock market struggles in 2024 despite partnerships and financial backing from the Saudi Public Investment Fund [1] - The company missed its delivery forecast for the first half of 2024 by approximately 90%, leading to investor skepticism regarding its performance compared to promises made during the IPO [2] Group 1: Stock Performance Predictions - ChatGPT predicts substantial volatility for Lucid stock in 2025, with a potential low closing price of $2.50 on March 10, 2025, which is 17.49% below the current price of $3.03 [5] - Conversely, a strong performance is anticipated in August 2025, with shares expected to trade at $5.75, representing an increase of 89.77% from the current price [6] - Overall, the AI model estimates that Lucid stock could appreciate by 73.27% within 12 months, potentially reaching a price of $5.25 by the end of 2025 [8][7] Group 2: Analyst Outlook - Wall Street analysts exhibit a more pessimistic view on Lucid stock, with only one out of three recent price target revisions being bullish, setting a target of $4 [9] - RBC Capital downgraded its forecast from $3 to $2, while Bank of America reduced its target from $3.40 to $2.80 [10]
3 of the Fastest-Growing Stocks on the Planet in 2025
The Motley Fool· 2024-12-27 09:21
These hypergrowth stocks are forecast to produce sales growth of up to 598% in the new year.Wall Street and investors have little to complain about with just a few days left before we turn the page to 2025. When the closing bell tolled on Dec. 24, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite had respectively galloped higher by 15%, 27%, and 33% for the year.The prevailing theme for year two of the current bull market was, once again, the outperformance of growth stocks. The rise of artifi ...
Stock Of The Day: Lucid Momentum Builds As Bears Lose Their Grip
Benzinga· 2024-12-26 19:05
Shares of Lucid Group, Inc. LCID are rising Thursday but they have run into resistance around the $3.25 level. There is a chance this resistance breaks and the stock keeps moving higher.Breakouts tend to be bullish. This is why our team of traders has made Lucid our Stock of the Day.Markets are always trending. They are either going up, down, or sideways. If a market is trending higher the bulls are in control. If it is heading lower, the bears are in charge. If they go sideways, the bears and bulls have eq ...
Lucid Inks New Partnership With VITALExam: Stock to Gain?
ZACKS· 2024-12-26 13:25
Lucid Diagnostics Inc. (LUCD) , a commercial-stage, cancer prevention medical diagnostics company and subsidiary of PAVmed Inc. (PAVM) , recently entered into a strategic partnership with VITALExam LLC. The agreement is aimed at enhancing access to Lucid's EsoGuard Esophageal DNA Test for firefighters at risk for esophageal precancer. Lucid and VITALExam introduced the partnership with a fully contracted CheckYourFoodTube Precancer testing event at Tuscaloosa Fire Rescue in Tuscaloosa, AL.LUCD’s Likely Stoc ...