Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Based on the reviews from different experts, it appears that the consensus on Lucid Group (LCID-Q) is not favorable. The company is reported to be losing a lot of money, and the stock is described as terrible, with preferences given to Rivian, Ford, and GM. These reviews suggest that Lucid Group may be facing challenges in terms of financial performance and market perception compared to its competitors.

Consensus
Negative
Valuation
Overvalued
DON'T BUY
Lucid Group

They're losing lots of money.

Automotive
DON'T BUY
Lucid Group

A terrible stock. Prefers Rivian and certainly Ford and GM.

Automotive
DON'T BUY
Lucid Group

They have a lot of debt, a lot, and need money. It's unlikely that Ford and GM will invest in them in the EV space.

Automotive
DON'T BUY
Lucid Group
Too speculative and it's losing money. Pass.
Automotive
DON'T BUY
Lucid Group
It's losing money. Pass
Automotive
COMMENT
Lucid Group
options Trading just under $18. Today there was a buyer of 23,000 of the May 20 calls at 27-50 cents, fairly cheap with a little (not a lot) of time to play out. The EV space has taken a bad hit, but bouncing today.
Automotive
BUY
Lucid Group
options The stock is at $18.50. Traders are buying 8,500 May 27 22 calls.
Automotive
SELL ON STRENGTH
Lucid Group
The current EV rally Does this EV rally have staying power or is this like 1999? Tesla is driving this rally and everyone wants to own the next Tesla. You're betting on the momentum of these nascent EV stocks, years away from turning a profit, like Lucid. Remember that online Amazon was one of the few tech stocks from 1999 that survived and thrived. Suppose Tesla will be on the only survivor? Will Rivian? Remember to take profits on these nascent EV stocks--remember, hogs get slaughtered (out of greed). Sell half.
Automotive
BUY
Lucid Group
They report Monday. They're due for a re-evaluation, given Rivian's monster move up this week. It's one of the companies ushering the end of the combustion-engine vehicle.
Automotive
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Lucid Group(LCID-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 2

Stockchase rating for Lucid Group is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Lucid Group(LCID-Q) Frequently Asked Questions

What is Lucid Group stock symbol?

Lucid Group is a American stock, trading under the symbol LCID-Q on the NASDAQ (LCID). It is usually referred to as NASDAQ:LCID or LCID-Q

Is Lucid Group a buy or a sell?

In the last year, 2 stock analysts published opinions about LCID-Q. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Lucid Group.

Is Lucid Group a good investment or a top pick?

Lucid Group was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Lucid Group.

Why is Lucid Group stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Lucid Group worth watching?

2 stock analysts on Stockchase covered Lucid Group In the last year. It is a trending stock that is worth watching.

What is Lucid Group stock price?

On 2024-04-23, Lucid Group (LCID-Q) stock closed at a price of $2.52.