Investors in Lucid Group ( LCID -5.25%) are feeling nervous. The electric vehicle (EV) stock fell further today, dropping to a low of 6.6% in early-morning trading. Lucid shares were still trading 5% ...
The company's share price, however, has struggled due to the market overpricing its stock ... car sales to be electric by 2030. Even if EV demand doesn't mount to those levels, companies like ...
Lucid Motors (NASDAQ: LCID) stock looks expensive according ... is 9.6. That's significantly higher than other electric car stocks like Rivian, which has a price-to-sales ratio of just 3.0 ...
While the hype around electric car stocks has gyrated ... on its growth plans. Lucid reports earnings on Feb. 25. If you're looking to get into a high growth stock at a historical discount ...
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Royal Bank of Canada cut their price objective on shares of Lucid Group from $3.00 to $2.00 and set a “sector perform” rating on the stock in a research note on Tuesday, November 19th.