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0.000482996550024568 0 0.00394282897979292 0.016264169541646 0.0142927550517496 0.0172498767865943 0.0152784622966978 0.0152784622966978
Stock impact report

What's Going On With Lucid Stock Thursday [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
Lucid Group ( NASDAQ:LCID ) saw shares rise about 2% Thursday after Citi initiated coverage with a Buy rating, citing growing momentum for the electric vehicle maker. Citi highlighted Lucid's recent Gravity model launch, the upcoming Cosmos production ramp, and strategic partnerships with the Public Investment Fund and Uber (UBER) as key factors supporting the company's path toward breakeven. Analyst Michael Ward noted the Uber robotaxi service is expected to begin commercial operations by year-end, with plans to expand volume commitments to the Cosmos model. Warning! GuruFocus has detected 7 Warning Signs with LCID. Is LCID fairly valued? Test your thesis with our free DCF calculator. The firm also expects Lucid to begin offering monthly autonomous subscriptions in 2027, while European expansion is projected to accelerate next year. Citi said the company has sufficient liquidity through the second half of 2027, and potential capital market proceeds could reduce overhang, a Show less Read more
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