Lucid Stock Price Prediction for 2040 & 2050

The stock price of electric car manufacturer Lucid has been through some considerable ups and downs over the past couple of years. The stock reached as high as $65 in 2021 but is now trading nearly 20 times lower. 

Given the unpredictability of Lucid stock’s price movements, many investors are wondering where the stock might end up in the long term. 

In this article, we’ve examined several different growth scenarios that might help us understand what to expect from the stock in the long run.

The values in the table were calculated using LCID’s price of $3.46 (as of September 10, 2024). *The S&P 500 has averaged a 9.25% compounded average growth rate since 1974. **NASDAQ’s tech-focused QTEC index has averaged 15.48% over the past 20 years.

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Lucid stock price prediction for 2040

In order to come up with plausible scenarios for future price movements of Lucid (LCID) stock, we’ve used three different growth scenarios and input them into our profit calculator. The first was a simple 5% annual growth rate simulation, which assumes that LCID will appreciate by 5% every year for the foreseeable future. That’s arguably the least possible scenario, as the company is relatively new and belongs to the EV sector, which is notoriously competitive and volatile.

For the other two scenarios, we’ve decided to project LCID’s price based on the S&P 500’s historical price activity. This is a useful representation of what we can expect from Lucid if it follows the long-standing growth rate of the world’s most popular stock index. 

Finally, we’ve simulated the price based on the historical growth rate of the First Trust NASDAQ-100-Technology Sector Index (QTEC), which is perhaps the most representative due to its connection to technology companies.

Assuming that Lucid grows at a 9.25% CAGR of the S&P 500, the stock could reach $14.25 by 2040, which would be a 311% increase compared to today’s rates.

If the stock would grow at a more expedited rate, let’s say at the same pace as QTEC grew in the past, Lucid would reach $34.61 by 2040, which would be more than a 9x increase compared to the current price.

Lucid stock price prediction for 2050

If we apply the same methodology we’ve used for projecting prices for 2040 and extend it by another decade, we arrive at some interesting projections.

If LCID were to grow at the same rate as the S&P 500 index did in the past 50 years, we could see the stock reaching $34.52 by 2050, which would be an 898% increase compared to current rates. Still, that wouldn’t be enough for Lucid to surpass its all-time high of roughly $65 recorded in November 2021.

If we assume a more bullish trend and analyze where the stock could be heading if it follows the multi-year trend of the QTEC index, Lucid stock could reach as high as $145.97 by 2050. That would mean that LCID would surpass its previous ATH by over two times and grow by nearly 4,119% from current rates.

Lucid stock price prediction for 2024-2025

With long-term price prediction behind us, let’s move on to a more short-term-oriented analysis. For the purposes of this section, we’ve consulted our price prediction algorithm for Lucid stock. 

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Interestingly, the algorithm expects quite a significant recovery in the price of Lucid stock in the next 12 months, which could take the stock price above some of our more conservative estimates discussed earlier in the article.

According to the algorithm, Lucid stock price will continue to gain momentum over the next year and grow to nearly $33 by August 2025. In other words, the algorithm expects LCID to appreciate in value by nearly 10 times. To be fair, LCID has shown a propensity toward very volatile price activity in the past, so it’s definitely in the realm of possibilities to see the stock gain 10x within a single year.

The bottom line

Lucid stock has been one of the more volatile stocks in the past couple of years – it traded as high as $65 in 2021 and now changes hands below $4. However, there’s reason to be optimistic about the future, especially if our short—to medium-term algorithmically generated price prediction holds.

In the meantime, you could consider checking long-term price projections for other major companies. Tesla forecasts for 2040 and 2050 might be particularly interesting to you due to both Lucid and Tesla competing in the same market. If you are more interested in other sectors, you could check how high the AI revolution could push Microsoft by 2050.