| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Lucid Gr (NASDAQ:LCID) underwent analysis by 7 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 5 | 2 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 1 | 0 |
| 2M Ago | 0 | 0 | 4 | 1 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $3.63, a high estimate of $4.50, and a low estimate of $2.90. A negative shift in sentiment is evident as analysts have decreased the average price target by 34.0%.
The standing of Lucid Gr among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Itay Michaeli | Citigroup | Announces | Neutral | $2.90 | - |
| Adam Jonas | Morgan Stanley | Maintains | Underweight | $3.00 | $3.00 |
| Tom Narayan | RBC Capital | Lowers | Sector Perform | $3.00 | $6.00 |
| Stephen Gengaro | Stifel | Lowers | Hold | $4.00 | $5.00 |
| Ben Kallo | Baird | Lowers | Neutral | $4.00 | $6.00 |
| John Murphy | B of A Securities | Lowers | Neutral | $4.50 | $7.00 |
| Andres Sheppard | Cantor Fitzgerald | Lowers | Underweight | $4.00 | $6.00 |
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Lucid Gr's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Lucid Gr analyst ratings.
Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Lucid Gr's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -39.02%. This indicates a decrease in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Lucid Gr's net margin excels beyond industry benchmarks, reaching -416.01%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Lucid Gr's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -12.75%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Lucid Gr's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -7.49%, the company may face hurdles in achieving optimal financial returns.
Debt Management: With a below-average debt-to-equity ratio of 0.5, Lucid Gr adopts a prudent financial strategy, indicating a balanced approach to debt management.
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: LCID
