Where Will Lucid Group Be in 3 Years?

From Yahoo Finance: 2025-05-17 06:00:00

Lucid Group’s stock has struggled since going public in 2021, losing over 80% of its value. However, sales growth is expected to soar in the next few years, with analysts predicting revenue to nearly double in 2025 alone.

To replicate Tesla’s success, Lucid plans to unveil more affordable models in 2026 and 2027, aiming to boost sales growth significantly. Current models, like Lucid Air and Gravity, are priced above $100,000, but new releases are anticipated to be under $50,000.

Lucid’s management anticipates strong sales growth this year, driven by Gravity’s sales, and the introduction of new mass-market models in the coming years. While the potential for growth is high, concerns about gross margin and liquidity should be monitored closely.

Read more: Where Will Lucid Group Be in 3 Years?