Seekingalpha upgraded LCID target | Lucid Motors two big Catalyst today
Overall SentimentBullishStrength: 70%
Overall Thesis
Creator notes Seeking Alpha upgraded its 12-month LCID target to $29.79 and agrees it is a realistic buy-opportunity level, highlights Lucid's Canada studio launch and upcoming first deliveries/earnings, and predicts Lucid will turn profitable by 2023.
Narratives
LCIDLucid Group
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
Predictions (1)
BullTarget: $29012 months
hitDetails
Analyzed with manual_claude_session | Extraction manual_v1 | Cost: —