Is Lucid Still A Buy? Analyst Cites 'Best-In-Class' Technology But Cuts Price Target
Is Lucid Still A Buy? Analyst Cites 'Best-In-Class' Technology But Cuts Price Target
Brokerage firm Stifel on Monday lowered the price target on EV maker Lucid Group Inc (NASDAQ:LCID) to $4 from $5 while maintaining its "hold" rating.
经纪公司Stifel周一将电动汽车制造商Lucid Group Inc（纳斯达克股票代码：LCID）的目标股价从5美元下调至4美元，同时维持其 “持有” 评级。
What Happened: The brokerage sees several positives for Lucid despite the downward outlook for EV sales in the near term. The positives include the availability of a lower-priced rear-wheel drive version of the company's flagship Lucid Air sedan starting at $69,900 and its focus on controlling costs.
发生了什么：尽管短期内电动汽车销售前景不佳，但该经纪公司认为Lucid有几个积极的方面。积极因素包括该公司旗舰Lucid Air轿车的低价后轮驱动版本的上市，起价为69,900美元，以及其专注于控制成本。
The brokerage believes the company has the best-in-class technology which has the potential for additional licensing agreements. Further, the company is eyeing production of its Gravity SUV in the later part of this year, the brokerage noted.
该经纪公司认为，该公司拥有一流的技术，有可能签订额外的许可协议。此外，该经纪公司指出，该公司计划在今年下半年生产其Gravity SUV。
However, despite the positives, Stifel is holding back from changing its rating to a buy, partly due to the company's cash burn.
但是，尽管有积极的方面，但Stifel仍未将其评级改为买入，部分原因是该公司的现金消耗。
How Is Lucid Doing: For the fourth quarter, Lucid reported revenue of $157.2 million, which missed the consensus estimate, and a better-than-feared loss of 29 cents per share. The company's total cost and expenses in the quarter amounted to $894 million.
Lucid表现如何：Lucid公布的第四季度收入为1.572亿美元，未达到市场普遍预期，每股亏损29美分，好于担忧。该公司本季度的总成本和支出为8.94亿美元。
The company is looking to produce 9,000 vehicles this year, higher than the 8,428 vehicles it made in 2023.
该公司计划今年生产9,000辆汽车，高于2023年生产的8,428辆汽车。
Price Action: Lucid shares closed up 4.3% at $3.15 on Monday, and rose 1.59% in Tuesday's premarket, according to data from Benzinga Pro. However, the stock is down 24.1% year-to-date.
价格走势：根据Benzinga Pro的数据，Lucid股价周一收盘上涨4.3％，至3.15美元，在周二的盘前交易中上涨1.59％。但是，该股今年迄今已下跌24.1％。
Check out more of Benzinga's Future Of Mobility coverage by following this link.
通过以下方式查看更多本辛加的《出行未来》报道 点击这个链接。
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照片由迈克·马雷恩在 Shutterstock 上拍摄