LCIDBullhit
Fast finance newsTarget Price(split-adjusted)
$290
Said $29· today's shares after the 1-for-10 reverse split (Sep 2025)
“29 is a realistic target and i believe we all will agree with them.”@ 0:58 · open at this moment on YouTube ↗
Thesis at the time
BullishLucid's near-term catalysts (first Canada studio, upcoming first deliveries, and debut earnings) make $29.79 a realistic 12-month target, and the creator expects Lucid to turn profitable by 2023.
Key arguments
- Seeking Alpha upgraded target to $29.79 and creator endorses it as realistic
- First international Vancouver studio opening; Toronto planned 2022
- Lucid Air pricing: Pure $105k, Touring $129k, Dream Edition $229k CAD
- First deliveries start this month, debut earnings report coming
- Creator expects Lucid to cover expenses and turn profitable by 2023
Counter-arguments acknowledged
- Will take at least one year to turn profitable
The call
- Date said
- Oct 16, 2021
- Timeframe
- 12 months
- Price at prediction
- $240.80
- Confidence
- medium
- Specificity
- specific
How it resolved
- Status
- hit
- Resolution price
- $354.80
- Return
- +47.3%
- Notes
- Target ≥$297.9 reached on 2021-10-28. Price: $354.80. Return: +47.3%.
Why this resolved this way(resolution audit)
Rule that fired
Target ≥$297.9 reached on 2021-10-28. Price: $354.80. Return: +47.3%.
Full rules: docs/resolution-spec.md.
Confidence Reasoning
Creator personally endorses the $29.79 target as realistic based on upcoming catalysts (first deliveries, debut earnings, international studio) though the exact figure originated with Seeking Alpha.