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1 Wall Street Analyst Thinks Lucid Stock Is Going to $5. Is It a Buy?

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Summary
Nutrition label

70% Informative

Lucid Group (NASDAQ: LCID ) stock has continued to decline in 2025 after a nearly 30% drop in 2024 .

One Wall Street analyst thinks that shares of the electric vehicle ( EV ) maker have fallen too far.

Benchmark EV sector analyst Mickey Legg initiated coverage of Lucid with a "buy" rating and a $ 5 price target.

That price target implies that the stock has the potential to gain about 80% from recent levels.

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58

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English

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40

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short-lived

External references

7

https://www.fool.com/terms/p/price-target/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=8f1b3f9b-7313-4b29-bb30-885e7cab0384https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=7c2c1d01-73a7-4ef2-905d-eb22ba55769d&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001029%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D17177&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=8f1b3f9b-7313-4b29-bb30-885e7cab0384https://www.fool.com/investing/2025/02/16/1-wall-street-analyst-lucid-stock-is-going-to-5/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=8f1b3f9b-7313-4b29-bb30-885e7cab0384https://www.fool.com/author/20074/https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=7c2c1d01-73a7-4ef2-905d-eb22ba55769d&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001029%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D17177%26ftm_veh%3Darticle_pitch_feed_yahoo%26company%3DLucid%2520Group&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=8f1b3f9b-7313-4b29-bb30-885e7cab0384https://www.fool.com/legal/fool-disclosure-policy/https://www.fool.com/investing/how-to-invest/stocks/how-to-invest-in-lucid-motors-stock/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=8f1b3f9b-7313-4b29-bb30-885e7cab0384

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