Deep Dive Into Lucid Gr Stock: Analyst Perspectives (9 Ratings)
Portfolio Pulse from Benzinga Insights
Lucid Group Inc (NASDAQ:LCID) has received mixed analyst ratings over the past three months, with most analysts maintaining a neutral stance. The average 12-month price target has slightly increased to $3.78. Despite a 32.95% revenue growth, Lucid faces challenges with profitability and returns, as indicated by its negative net margin, ROE, and ROA.
September 03, 2024 | 7:00 pm
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Lucid Group Inc has received mixed analyst ratings, with a neutral consensus and a slight increase in the average price target to $3.78. The company shows strong revenue growth but faces profitability challenges.
The article provides a detailed analysis of Lucid Group's recent analyst ratings, which are predominantly neutral. The slight increase in the average price target suggests a modest positive outlook. However, the company's financial metrics, such as negative net margin and ROE, indicate ongoing profitability challenges, balancing the impact to a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100