Analyst updates Lucid stock price outlook ahead of February earnings
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Lucid Motors (NASDAQ: LCID) has faced significant challenges since its IPO, with shares down nearly 90% due to missed forecasts and weak recovery efforts. Analysts are updating their stock price outlook ahead of the company's February earnings report.
January 28, 2025 | 4:45 pm
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Lucid Motors' stock has declined nearly 90% since its IPO due to missed forecasts and weak recovery efforts. Analysts are revising their price outlook ahead of the February earnings report.
The significant decline in Lucid's stock price since its IPO, coupled with missed forecasts, suggests a negative sentiment. The upcoming earnings report could further impact the stock, and analysts are adjusting their outlook accordingly.
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