Lucid
LCID
228 Followers
6 May
Upcoming Earnings
Market Cap.
P/E
LCID Fair Price
$8.27
Fair Price Index
The fair price of a share represents the true value of the company's share based on its financial condition and performance. Unlike the current market price, which can fluctuate depending on the mood of the market, the fair price provides us with a better understanding of whether the share is truly advantageous.
Overvalued by 87.7%
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My Notes
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Lucid: A risky bet with high potential?
American luxury electric car manufacturer Lucid Group $LCID continues to face uncertainty about its growth and profitability. Still, Benchmark analyst Mickey Legg has come up with a target price of $5, implying a potential upside of nearly 90% from the current $2.69.
Strong support from Saudi Arabia
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📊📅 Another week is here and with it a list of interesting things to follow:
🔍On Monday, I'll be tracking company results after the markets close. We'll have results fromPalantir $PLTR, Realty Income $O and Lucid $LCID.
U Palantir I expect interesting results and an important look at the future of this company.
🍏On Tuesday ,Apple $AAPL event is taking place, which will be mostly...
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Today I'm interested in $O I'm in the plus there, but I'd still like to buy more so I wouldn't be angry about the reduction. I think there's still a little time for this sector because I think interest rates will be up for a while. Next $WBD $MPW $PLUG...all losing and I'd like to hear a good outlook. 😊
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It doesn't look like much to me either... in china, they'll go up against $NIO, and that's not gonna be fun...
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What about that Lucid $LCID today? I see it's down another 9% in the premarket. Speculatively I guess I'd take it, the Arabs obviously trust them since they still have the biggest share there. Their EVs are pretty interesting, but it's still too young a company for me, so I wouldn't open anything big there, just speculation on a bounce.
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I wouldn't invest, I think it's a big risk. The Arabs have plenty of money, and hopefully they've got the math right, but I'm staying out of it anyway.
A lot depends on whether they can get it right and that efficiency will be better. I think it's a big risk.