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Lucid Stock Analysis: Buy, Sell, or Hold in 2024?

Lucid has lowered expectations multiple times in 2023. Does 2024 hold a similar fate for this rising EV company?

By Parkev Tatevosian, CFA – Dec 19, 2023 at 5:30AM EST

Fool.com contributor Parkev Tatevosian highlights Lucid's (LCID 6.21%) progress in 2023 while looking ahead to 2024. Parkev answers if he thinks Lucid stock is a buy for next year and beyond.

*Stock prices used were the afternoon prices of Dec. 16, 2023. The video was published on Dec. 18, 2023.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Lucid Group Stock Quote
Lucid Group
NASDAQ: LCID
$7.70
(-6.21%)-$0.51

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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