Lucid shares maintain Sell rating from CFRA amid stock offering

Oct 17, 2024 · Lucid disclosed on Wednesday that it plans to offer 262.4 million shares of common stock. This news led to the company's shares falling by roughly 14%. The electric …

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Lucid Shares Maintain Sell Rating From CFRA Amid Stock Offering

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Oct 17, 2024 · Lucid disclosed on Wednesday that it plans to offer 262.4 million shares of common stock. This news led to the company's shares falling by roughly 14%. The electric …

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CFRA Cuts Lucid Stock Rating To Strong Sell, Target At $1

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Jan 6, 2025 · On Monday, CFRA analyst Garrett Nelson issued a downgrade for Lucid Group Inc. (NASDAQ: LCID), moving the stock rating from Sell to Strong Sell with a maintained price …

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CFRA Rates Lucid As 'Strong Sell' Citing 'Extremely Troubling' Cash ...

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Jan 7, 2025 · > CFRA Rates Lucid as ‘Strong Sell’ Citing ‘Extremely Troubling ... “We maintain our 12-month target of $1. We raise our adjusted EPS [earnings per share] views to -$1.12 …

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Lucid Shares Plunge 18% As Analyst Reaffirms $2 Price Target

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Oct 17, 2024 · CFRA analyst Garrett Nelson released a research note on Thursday, commenting on Lucid’s public offering and third-quarter estimated results announced late Wednesday. …

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Lucid Shares Maintain Sell Rating From CFRA Amid Stock Offering

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Lucid Group Inc. (NASDAQ: NASDAQ: LCID) has maintained its Sell rating and a price target of $2.00, as reiterated by CFRA. The firm's stance remains unchanged following Lucid's …

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Lucid Group Shares Maintain Strong Sell Rating, $1 Price Target

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Jul 8, 2024 · Meanwhile, CFRA has adjusted its forecast for Lucid's 2024 adjusted earnings per share (EPS), raising it slightly to -$1.33 from -$1.35, while maintaining the 2025 EPS estimate …

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CFRA Maintains Strong Sell On Lucid Group, Lowers ...

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Jul 8, 2024 · CFRA analyst Garrett Nelson reiterated a Strong Sell rating and set a $1 price target for Lucid Group (NASDAQ:LCID) following the company’s latest delivery r...

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Lucid: CFRA Sets $1 Price Target Despite Better-Than-Feared …

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Jul 9, 2024 · Written by Cláudio Afonso | LinkedIn | X. On Monday, CFRA released a new research note on Lucid Motors where the firm maintained its Strong Sell rating on the stock …

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CFRA Maintains Strong Sell On Lucid Group, Lowers Price Target To …

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May 23, 2024 · CFRA analyst Garrett Nelson reiterated a Strong Sell rating and set a $1 price target for Lucid Group (NASDAQ:LCID) following the company’s latest delivery report. The …

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CFRA Downgrades Lucid Group Inc. (LCID) To Strong Sell

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Jan 6, 2025 · CFRA analyst Garrett Nelson downgraded Lucid Group Inc. (NASDAQ: LCID) from Sell to Strong Sell with a price target of $1.00. The analyst comments "We maintain our 12 …

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SQM Slashed; Lucid A Sell Amid Plummeting Production Numbers: …

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Oct 18, 2023 · CFRA downgraded Lucid Group (NASDAQ:LCID) to Sell from Hold on Tuesday and cut its price target to $4.00 from $7.00 following the company’s Q3 production and …

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CFRA Reiterates Sell Rating On Lucid Group Inc. (LCID)

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Oct 17, 2024 · CFRA analyst Garrett Nelson reiterated a Sell rating and $2.00 price target on Lucid Group Inc. (NASDAQ: LCID).The analyst comments "We maintain our 12-month target …

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CFRA Cuts Lucid Stock Rating To Strong Sell, Target At $1

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Jan 6, 2025 · On Monday, CFRA analyst Garrett Nelson issued a downgrade for Lucid Group Inc. (NASDAQ: LCID), moving the stock rating from Sell to Strong Sell with a maintained price …

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Lucid Group's Stock Nosedives 15% Amid Major Share Offering …

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Oct 17, 2024 · Lucid Group's (NASDAQ:LCID) stock took a hard hit on Thursday, dropping more than 15% after the company announced a major public offering of 262 million shares and …

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Lucid Group’s Strategic Potential And Capital Needs Justify Hold …

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Oct 18, 2024 · Lucid Group sinks 19% to $2.67 after 262M share sale Lucid Group 262.447M share Spot Secondary priced at $2.66 Lucid Group announces pricing of public offering of …

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CFRA Research Hikes Its Target For Lucid Group (LCID) Shares By …

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Sep 21, 2021 · Of course, Citi and Bank of America (BofA) also maintain a ‘Buy’ rating on Lucid Group shares. While Citi maintains a $28 stock price target right now, BofA has gone ahead …

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Lucid Stock: Buy, Sell, Or Hold? | The Motley Fool

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2 days ago · It may be tempting for some investors to look at Lucid's share price -- $2.96 as of this writing -- and assume the stock is cheap. But Lucid's shares have a price-to-sales (P/S) ratio of 9.

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RF Lafferty Upgrades Lucid Shares To Buy, Sees 81% Upside Potential

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Nov 11, 2024 · Earlier today, Stifel analyst Stephen Gengaro lowered the price target on the stock to $3.50 (from $4.00) while keeping a Hold rating. “Lucid delivered solid 3Q24 results, with …

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FAQs about Lucid shares maintain Sell rating from CFRA amid stock offering Coupon?

Why has Adam Jonas rated lucid group a sell?

Adam Jonas has given his Sell rating due to a combination of factors related to Lucid Group’s recent financial activities and performance. One significant concern is the substantial dilution resulting from the new stock offering, which increases the total shares by 28% and could potentially impact existing shareholder value. ...

Why did lucid Group's stock drop 15%?

Lucid Group's (NASDAQ:LCID) stock took a hard hit on Thursday, dropping more than 15% after the company announced a major public offering of 262 million shares and revealed deeper-than-expected third-quarter losses. Investors are concerned about dilution, as this move aims to raise $1.7 billion to keep the company afloat. ...

Does lucid have a cash burn?

Lucid's cash burn is accelerating. With $4 billion in reserves, the company is on track to burn through $2.3 billion over the next 18 months. Sure, they've got cash to last until the end of 2025, but waiting until you're down to your last dollars to raise more? That's a risky play no one wants to see. ...

Is lucid a good start-up electric vehicle company?

While Lucid is considered an attractive player in the start-up electric vehicle market, and it has a capable management team, it is expected to take several years before reaching breakeven. These factors together justify the Hold rating, balancing the company’s capital needs with its strategic potential. ...