Lucid MotorsLCID
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 Q3 regulatory filings by fund managers ($100M+ AUM)
35% more capital invested
Capital invested by funds: $4.33B [Q2] → $5.85B (+$1.52B) [Q3]
6% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 65
5% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 123
1% more funds holding
Funds holding: 437 [Q2] → 441 (+4) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0.44% less ownership
Funds ownership: 71.97% [Q2] → 71.53% (-0.44%) [Q3]
85% less call options, than puts
Call options by funds: $43M | Put options by funds: $284M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
RBC Capital Tom Narayan 68% 1-year accuracy 19 / 28 met price target | 34%downside $2 | Sector Perform Maintained | 19 Nov 2024 |
RF Lafferty Jaime Perez 100% 1-year accuracy 2 / 2 met price target | 32%upside $4 | Buy Upgraded | 11 Nov 2024 |
Cantor Fitzgerald Andres Sheppard 85% 1-year accuracy 129 / 152 met price target | 32%upside $4 | Neutral Reiterated | 8 Oct 2024 |
Baird Ben Kallo 53% 1-year accuracy 21 / 40 met price target | 1%downside $3 | Neutral Maintained | 7 Oct 2024 |
Financial journalist opinion
Based on 38 articles about LCID published over the past 30 days