Analysts update Lucid (LCID) stock price target
Lucid Motors (NASDAQ: LCID) has continued to face headwinds since its 2021 IPO, falling short on production and delivery targets while battling mounting financial losses and stock dilution concerns. Despite strong backing from the Saudi Public Investment Fund (PIF), fears of further dilution persist, and the company’s high-end pricing limits its market reach as affordability becomes an increasing priority in the EV sector.However, the start of 2025 provided a rare boost for the struggling luxury EV maker. L ...