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1 Reason Wall Street Is Obsessed With Lucid Group Stock
The Motley Fool· 2025-08-24 00:20
Lucid Group's business model is transforming before our very eyes.Lucid Group (LCID -3.11%) stock soared 40% in value when the company announced its robotaxi partnership with Uber Technologies last month. The deal is transformative, with Uber agreeing to purchase 20,000 vehicles from Lucid as well as infuse $300 million in fresh cash into the business. While not all Wall Street analysts loved the move, many were exuberant. In early August, several experts reiterated their price targets for Lucid stock, expe ...