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-0.00103680663556245 -0.00155520995334376 -0.000518403317781315 -0.00259201658890621 -0.00881285640228106 -0.00881285640228106 -0.00881285640228106 -0.00881285640228106
Stock impact report

Stifel Keeps Hold Rating on Lucid (LCID) After Investor Day [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
Group, Inc. (NASDAQ:LCID) with a price target of $17 after the company's Investor Day presentation, where the company shared updates about its Midsize platform and autonomous driving capabilities. Lucid Group, Inc. (NASDAQ:LCID) expects the EV market to grow about 3.5 times by 2035 compared to 2025 levels, which reflects a compound annual growth rate of 15%. The company's Midsize platform is also expected to increase its addressable market from about $40 billion today to about $350 billion by 2030. Additionally, Lucid Group, Inc. (NASDAQ:LCID) shared a roadmap targeting Level 4 autonomous driving capabilities by 2029. Stifel Keeps Hold Rating on Lucid (LCID) After Investor Day The company's management confirmed its production target for 2026, expecting to produce between 25,000 and 27,000 units. Lucid Group, Inc. (NASDAQ:LCID) also aims to achieve positive gross margins in the mid-term and free cash flow generation by the end of the decade. Stifel pointed out that rising oil p Show less Read more
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