Currently, there are 3.05B common shares owned by the public and among those 1.20B shares have been available to trade.
The company’s stock has a 5-day price change of -1.06% and 11.60% over the past three months. LCID shares are trading -14.94% year to date (YTD), with the 12-month market performance down to -7.62% lower. It has a 12-month low price of $1.93 and touched a high of $4.43 over the same period. LCID has an average intraday trading volume of 151.99 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 10.63%, 15.51%, and 10.06% respectively.
Institutional ownership of Lucid Group Inc (NASDAQ: LCID) shares accounts for 15.57% of the company’s 3.05B shares outstanding.
It has a market capitalization of $8.51B and a beta (3y monthly) value of 0.84. The earnings-per-share (ttm) stands at -$1.22. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.21% over the week and 7.19% over the month.
Analysts forecast that Lucid Group Inc (LCID) will achieve an EPS of -0.22 for the current quarter, -0.21 for the next quarter and -0.66 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.26 while analysts give the company a high EPS estimate of -0.26. Comparatively, EPS for the current quarter was -0.31 a year ago. Earnings per share for the fiscal year are expected to increase by 28.51%, and 25.63% over the next financial year. EPS should shrink at an annualized rate of 28.87% over the next five years, compared to 54.19% over the past 5-year period.
Looking at the support for the LCID, a number of firms have released research notes about the stock. Morgan Stanley stated their Equal-Weight rating for the stock in a research note on March 18, 2025, with the firm’s price target at $3. TD Cowen coverage for the Lucid Group Inc (LCID) stock in a research note released on March 07, 2025 offered a Hold rating with a price target of $2.30. BofA Securities was of a view on February 26, 2025 that the stock is Underperform, while Redburn Atlantic gave the stock Sell rating on February 24, 2025, issuing a price target of $3.50- $1.13. The Benchmark Company on their part issued Buy rating on February 12, 2025.
