The post Analyst updates Lucid stock price outlook ahead of February earnings appeared on BitcoinEthereumNews.com.

Lucid Motors (NASDAQ: LCID) stock hasn’t experienced a truly positive streak since early 2023, and even that upswing barely lasted a month. Indeed, LCID shares are nearly 90% down since the electric vehicle (EV) maker’s initial public offering (IPO) following a string of missed forecasts and lukewarm recovery efforts. LCID stock all-time price chart. Source: Finbold February 2025, however, might bring a change for the embattled company as the latest Wall Street analyst consensus demonstrates significant optimism in terms of the predicted revenue and earnings-per-share. Will LCID stock enter a rally in February? Specifically, data Finbold retrieved from Nasdaq on January 28 shows that experts are predicting the quarterly loss per share – scheduled to be announced on February 25 – would stand at a relatively modest $0.26. Furthermore, Lucid is expected to enjoy an even greater recovery during the first quarter (Q1) of 2025, as the loss is expected to be reduced to $0.21. Still, the situation is forecasted to once again turn darker by Q2 as the forecast grows to $0.23. Lucid has a history of underperforming even the bearish forecasts Though the long-term EPS predictions are subject to revision, historical performance is not. Unfortunately for LCID stock bulls, the EV maker has a history of underperforming even the direst of forecasts. For example, in its last report, it unveiled a loss of $0.41 – $0.32 was the consensus – and in Q2, 2024, it came in at $0.27 instead of the expected $0.27. Reasons behind the relative lack of recent stock price targets can, perhaps, also be found between the forecasts and the historical performance.  Analysts remain neutral on LCID stock, but investors keep selling For example, Cantor Fitzgerald is the only major analyst firm to update its assessment since the start of 2025, and even it…

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Filed under: News - @ January 28, 2025 5:21 pm