Lucid MotorsLCID
Market Cap: $8.28B
About: Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.
Employees: 6,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
4% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 123
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
1% less funds holding
Funds holding: 437 [Q1] → 433 (-4) [Q2]
7% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 61
1.0% less ownership
Funds ownership: 72.35% [Q1] → 71.35% (-1.0%) [Q2]
10% less capital invested
Capital invested by funds: $4.79B [Q1] → $4.3B (-$491M) [Q2]
89% less call options, than puts
Call options by funds: $28.5M | Put options by funds: $257M
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target | 12%upside $4 | Neutral Reiterated | 3 Sept 2024 |
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target | 12%upside $4 | Neutral Reiterated | 19 Aug 2024 |
RBC Capital Tom Narayan 50% 1-year accuracy 15 / 30 met price target | 16%downside $3 | Sector Perform Reiterated | 16 Aug 2024 |
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target | 12%upside $4 | Neutral Upgraded | 6 Aug 2024 |
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target | 12%upside $4 | Underweight Reiterated | 22 Jul 2024 |
Financial journalist opinion
Based on 41 articles about LCID published over the past 30 days