LCIDBullpending
Lucid CityTarget Price
$24
“I think in order for you to see back to like that $24 range, you need short-term catalyst, something that is happening and did actually already happen”@ 6:59 · open at this moment on YouTube ↗
Thesis at the time
MixedLucid spiked to $19.83 in pre-market on Jensen Huang mentioning Lucid in Nvidia's Drive Hyperion announcement, but returned to near-flat as Powell's hawkish comments and short covering reversed the gains. Big money was buying on the secondary market but algorithmic selling suppressed the price. The speaker believes Lucid wants to move higher but needs the macro environment to cooperate.
Key arguments
- Jensen Huang mentioned Lucid alongside Stellantis and Mercedes for Nvidia's Drive Hyperion
- Big money buying Lucid on secondary market (3.4M block first thing) — positive institutional signal
- Shorts increased 1.38M shares to 30.82% of float — using catalysts as selling opportunities
- Powell hawkish: says 'neutral' on rates, doubts December cut — bad for growth stocks
- 12.42% implied earnings move expected for November 5 earnings
Counter-arguments acknowledged
- Less willing sellers today than yesterday — market position improving
- Stochastic RSI oversold; all Lucid needs is one good catalyst to spike higher
The call
- Date said
- Oct 29, 2025
- Price at prediction
- $18.02
- Current price (live)
- $4.32$19.68 below target
- Confidence
- low
- Specificity
- vague
How it resolved
- Status
- pending