Why Lucid Group Stock Motored Higher Today
Lucid Lucid (US:LCID) Yahoo Finance·2025-09-24 22:43

Core Insights - An analyst raised the price target for Lucid Group by 30%, leading to a stock gain of over 3% despite a generally negative market day [1][8] - Cantor Fitzgerald's Andres Sheppard increased the fair-value assessment for Lucid from $20 to $26 per share while maintaining a neutral recommendation [2] - The new assessment is based on discussions with Lucid's interim CEO and CFO regarding the company's production and financial outlook [3] Production and Delivery Estimates - Lucid aims to produce between 18,000 to 20,000 vehicles in the current year, which would at least double the 9,029 units produced in 2024 [4] - Sheppard anticipates deliveries to reach approximately 16,650 units, with consensus estimates for full-year 2025 production at 17,800 units and deliveries at 15,669 units [5]