Post by account_disabled on Jan 29, 2024 8:37:26 GMT
Shares of Lucid Group (NASDAQ: LCID ) once traded as high as $57, but it's been struggling for a while. It is trading at something closer to $22 today. There are several reasons for the decline, and I think the stock will continue its downward journey in the short term. Is Lucid a long-term stock? Lucid Group stock may take a hit, but it's a long-term buy . Shares of Lucid Group (NASDAQ: LCID ) still hold positive returns over the past 12 months. That's hard to believe, given the volatile nature of stocks since we entered 2022. Is it a good time to buy Lucid Motors stock? With company expansion and more orders, Lucid has a positive long-term outlook. Shares of Lucid Motors are currently trading at a 60% loss from their 52-week lows, indicating that it is not a good time to buy . Despite the fact that the company has no income, it is still suffering. Why isn't Lucid stock going up? Lucid has revised its production outlook for 2022. As a new EV manufacturer, such delays in ramping up production are to be expected.
The company is struggling with supply chainJob Function Email Database problems . Interestingly, they are not related to the chips or batteries that Lucid says it was able to procure. Is Lucid selling or holding? LCID is currently valued by the market at 3.3 times consensus pre-FY2025 enterprise value, which I believe is relatively fair. In my opinion, despite the recent correction in the stock price, Lucid stock is still nowhere near a buy point. shares a Hold . Is Lucid better than Tesla? The company touts the car's smooth ride, sleek design, and impressive technology. Their batteries are the same, perhaps better quality than Teslas and are capable of 4.5 miles per kWh, which is longer than Tesla's 4 miles per kWh. Lucid Air sedans will be released in 2021, so stay tuned. Why is Lucid stock falling? Stocks are falling in after-hours trading as production isn't picking up pace enough for investors . Lucid (ticker: LCID) shares rose 10% in Monday's regular session. It was a good day for stocks, with the S&P 500 and Dow Jones Industrial Average down about 0.2% and 0.5%, respectively. Why is clear stock so low? Notably, Lucid has so far said supply concerns — not company-specific issues — are the main reason it expects low production this year.
Difficulties in securing key inputs such as semiconductor chips have hit nearly every automaker. Why is lucid stock falling so much? Conclusion. Lucid shares are down more than -30% in 2022; Its Q4 2021 earnings and production guidance for 2022 missed market expectations , and investors seem to now prefer established automakers over startups. Why is Lucid stock falling? Conclusion. Lucid shares are down more than -30% in 2022; Its Q4 2021 earnings and production guidance for 2022 missed market expectations , and investors seem to now prefer established automakers over startups. See also Money and markets Is FDX a buy or a sell? Why did Lucid stock go up? What happened. Shares of electric vehicle (EV) maker Lucid Group (LCID -2.91%) opened Monday morning, after a week of sales. the company presented its financial and operational update to investors .
The company is struggling with supply chainJob Function Email Database problems . Interestingly, they are not related to the chips or batteries that Lucid says it was able to procure. Is Lucid selling or holding? LCID is currently valued by the market at 3.3 times consensus pre-FY2025 enterprise value, which I believe is relatively fair. In my opinion, despite the recent correction in the stock price, Lucid stock is still nowhere near a buy point. shares a Hold . Is Lucid better than Tesla? The company touts the car's smooth ride, sleek design, and impressive technology. Their batteries are the same, perhaps better quality than Teslas and are capable of 4.5 miles per kWh, which is longer than Tesla's 4 miles per kWh. Lucid Air sedans will be released in 2021, so stay tuned. Why is Lucid stock falling? Stocks are falling in after-hours trading as production isn't picking up pace enough for investors . Lucid (ticker: LCID) shares rose 10% in Monday's regular session. It was a good day for stocks, with the S&P 500 and Dow Jones Industrial Average down about 0.2% and 0.5%, respectively. Why is clear stock so low? Notably, Lucid has so far said supply concerns — not company-specific issues — are the main reason it expects low production this year.
Difficulties in securing key inputs such as semiconductor chips have hit nearly every automaker. Why is lucid stock falling so much? Conclusion. Lucid shares are down more than -30% in 2022; Its Q4 2021 earnings and production guidance for 2022 missed market expectations , and investors seem to now prefer established automakers over startups. Why is Lucid stock falling? Conclusion. Lucid shares are down more than -30% in 2022; Its Q4 2021 earnings and production guidance for 2022 missed market expectations , and investors seem to now prefer established automakers over startups. See also Money and markets Is FDX a buy or a sell? Why did Lucid stock go up? What happened. Shares of electric vehicle (EV) maker Lucid Group (LCID -2.91%) opened Monday morning, after a week of sales. the company presented its financial and operational update to investors .