Therefore, investors should still view Lucid as a highly speculative EV stock that trades on reservations instead of actual shipments and revenue. Therefore it should also demonstrate a highly competitive software lead against Tesla and the Chinese EV players. Lucid Motors Beats Tesla in Range, Going 520 Miles on a Charge, EPA Says - The New York Times. After dialing back expectations throughout 2022, investor confidence in Lucid Group seems to be growing once again. Autonomous driving is very significant to ARK Invest's 2025 Tesla thesis. Over the next several years, capex spending is expected to taper off, ending with the company spending $573 million on capex in 2026. Insider reported (edited): A former Lucid employee said that Rawlinson wants to do "in two years in software what Tesla has done in 13. Lucid Group: The Stock Has Run Hot, Wait For A Drop Nov 16. Its first car would be Lucid Air, which will go for production later this year. This surge in value is a clear indication that investors are growing more and more excited about electric vehicles. But what were really looking at is Lucids impending superiority in the EV industry in the more distant future. Their LCID share price forecasts range from $5.00 to $13.00. Why? I was previously an Executive Director with a global financial services corporation. Relative newcomer Lucid is giving titan Tesla a run for its money. The P/E ratio of Lucid Group is -6.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. View institutional ownership trends. It continues to prove itself and why we should all be fans of LCID stock. Should You Be Too? Therefore, this subjects Lucid's gross margins modeling into some disarray. Lucid Motors Is Set Up To Surpass Tesla Nov 22. He articulated: One example for the speed of Tesla: They handle the chip shortage very well the reason: they are developing their own software. Despite Its Falling 92%, Cathie Wood Is Buying More of This Growth Stock. Q. If Lucid can replicate that growth, it could easily grow into its valuations and generate massive multibagger gains for its investors. Please refer to our Risk Disclosure Statement. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating. To see all exchange delays and terms of use please see Barchart's disclaimer. Learn More. In conclusion, we tried our best to answer about what will lucid stock be worth in 5 years. This may be the most exciting investment opportunity in the market today. But, we aren't sure the level of gross margins that Lucid is targeting over the next five years?