Lucid Group (LCID) announced a robotaxi deal with Uber and Nuro, boosting shares. Analysts predict a $7 price target. Concerns remain about revenue generation and delivery ramp-up to meet targets. Lucid, a U.S. EV company, has seen stock surge and volatility. Valuation is high at 11.48 times sales, outpacing peers.

First-quarter 2025 earnings showed revenue growth and record deliveries. Margins improved, but the company remains unprofitable. Full-year 2025 production guidance is 20,000 vehicles. Analysts project a narrowing loss per share for 2025 and 2026. Benchmark raised price target to $7 due to the Uber-Nuro partnership.

Mixed analyst sentiment on LCID with some cautious ratings. Consensus is a “Hold” with a wide range of targets. Stock currently exceeds average price target. Benchmark’s high target suggests a potential 124% increase. Lucid faces challenges with high negative margins and capital needs for expansion.

Read more at Yahoo Finance: Can Lucid Motors Stock Hit $7 in 2025?