Navigating 7 Analyst Ratings For Lucid Gr
Portfolio Pulse from Benzinga Insights
Lucid Group Inc (NASDAQ:LCID) has been analyzed by 7 analysts in the last quarter, showing a range of sentiments from indifferent to somewhat bearish. The average 12-month price target is $3.71, with a high of $4.00 and a low of $3.00. Recent ratings include 'Sector Perform' and 'Neutral' with price targets mostly unchanged. Lucid Gr has shown significant revenue growth but struggles with profitability and returns.
August 16, 2024 | 4:00 pm
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Lucid Group Inc (NASDAQ:LCID) has received mixed analyst ratings, with an average 12-month price target of $3.71. The company has shown strong revenue growth but faces challenges in profitability and returns.
The mixed analyst ratings and stable price targets suggest a neutral short-term impact on LCID's stock price. While the company shows strong revenue growth, its profitability and returns are below industry averages, which may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100