Workflow
Prediction: Lucid Group Will Soar in 2026. Here's 1 Reason Why.
Lucid Lucid (US:LCID) The Motley Foolยท2025-04-28 07:10

Core Insights - Lucid Group's stock has experienced a decline of 17% in 2025, trading at 7.4 times trailing sales, which is a discount compared to Tesla but a premium over Rivian [2] - Analyst expectations indicate that Lucid's sales could nearly double in 2025, with significant growth potential anticipated starting in 2026 due to new model introductions [1][3] - The company is on track to begin production of an affordable SUV model in 2026, which is expected to compete with Tesla's Model Y and Rivian's R2 midsize SUV, potentially leading to a spike in sales growth [6] Sales Growth Expectations - Wall Street experts project that Lucid's sales will nearly double in 2025, driven by the introduction of the Gravity SUV platform [1][2] - The stock currently trades at 5 times forward sales, reflecting the anticipated sales growth [3] New Model Production - Lucid plans to produce three new affordable models, all priced under $50,000, with production of the first model expected to start in 2026 [5][6] - The introduction of these models is seen as a critical factor for Lucid's growth trajectory, especially in the competitive EV market [6]