Should I buy Lucid Group stock in 2025? NZ Analysis

What is Lucid Group?

How much is the Lucid Group stock?

The price of Lucid Group stock is falling this week. As of now, LCID trades at $2.41 USD, with a 24-hour decrease of 8.37% and a weekly drop of 9.40%. The company’s market capitalisation stands at $8.02 billion, with a three-month average daily volume of 113.08 million shares. Lucid currently has no P/E ratio and does not pay dividends, while the stock’s beta is measured at 0.88, indicating slightly lower volatility than the overall market. Investors in NZ should be aware that the share price can move sharply, reflecting changes in sentiment and ongoing developments in the EV space.

Our full analysis on the Lucid Group stock

Having conducted a comprehensive review of Lucid Group’s latest financial disclosures and its stock performance over the past three years, our proprietary analysis integrates quantitative metrics, technical signals, comparative market data, and peer benchmarking to provide a holistic outlook. This multi-dimensional approach uncovers significant trends and forward-looking indicators within the dynamic electric vehicle sector. So, why might Lucid Group stock once again emerge as a strategic entry point into next-generation automotive technology in 2025?

Recent Performance and Market Context

Lucid Group (NASDAQ: LCID) currently trades at $2.41 USD, building on a notable six-month rally of 10.55% despite some recent volatility (-8.37% intraday, -9.40% over the last week). The stock’s movement reflects a dynamic re-rating, as market participants digest strong operational updates and evolving sector narratives. Lucid’s 52-week range, stretching from $1.93 to $4.43, highlights meaningful upside potential from present valuation levels.

The broader backdrop is increasingly constructive for advanced electric vehicle players. Global policies to accelerate decarbonisation, especially in key North American and Asia-Pacific markets, have fostered sustained capital flows toward EV manufacturers. Simultaneously, interest rates in key jurisdictions appear to be stabilising, supporting risk appetite for growth and innovation stocks. Within this framework, Lucid’s positive momentum aligns with rising demand for high-end, technologically advanced EVs.

Recent positive events cement Lucid’s position in the market. Most notably, the company exceeded Q4 2024 revenue expectations by 17%, delivered a robust 49.2% year-on-year revenue expansion, and achieved record vehicle deliveries and production outputs. Lucid’s solid cash position of over $6.1 billion—backed by strategic support from the Saudi Public Investment Fund (PIF)—reinforces its capacity to accelerate operational scaling and innovation.

Technical Analysis

Current technical indicators present a favourable setup suggesting that Lucid Group could be entering the early stages of a bullish cycle. The relative strength index (RSI) stands at 51.76, a neutral zone that avoids both overbought and oversold territory and typically signals readiness for directional movement. The MACD reading (0.06) provides a mild buy signal, supporting potential upside in the short to medium term.

• The 20-day ($2.59), 50-day ($2.49), and 100-day ($2.61) moving averages all present bullish signals, with the current price closely tracking or just below these pivot levels, suggesting potential for a technical breakout should momentum accelerate.
• The 200-day moving average ($2.79) offers a longer-term resistance level; a sustained move above this threshold would likely confirm a structural trend reversal.

Key support is anchored at $1.93, converging with Lucid’s 52-week low, providing an attractive risk-reward profile. Primary resistance appears at $2.70 (short-term) and $4.43 (medium-term), with any breach of these levels likely to attract additional momentum-driven capital.

Fundamental Analysis

Lucid’s fundamental trajectory stands out among premium electric vehicle manufacturers. The company reported full-year 2024 revenues of $807.8 million (+36% year-on-year), outstripping consensus forecasts by 17% in the most recent quarter. Importantly, production reached 9,029 vehicles (up 7%, year-on-year), while deliveries surged to 10,241 units—underscoring strong end-customer demand and ramping operational capability.

While Lucid remains in a scaling phase and therefore unprofitable (no applicable P/E), its price-to-sales (P/S) ratio of 7.28 and price-to-book (P/B) ratio of 2.31 compare reasonably within the context of high-growth peers in luxury and innovation-driven verticals.

• Industry-leading technology: Lucid models offer the longest range of any EV on the market, leveraging an experienced engineering team and sustained R&D expenditure.
• Financial backing: The solid support from the Saudi PIF provides both credibility and a deep financial war chest, enhancing resilience against broader sector headwinds.
• Brand strength and intellectual property: Lucid’s focus on luxury, energy efficiency, and cutting-edge design positions it strongly against established and emerging competitors.

These attributes lay a robust foundation for Lucid to further expand market share as demand for high-performance EVs grows globally.

Volume and Liquidity

Lucid’s average daily trading volume over the past three months stands at an impressive 113.08 million shares, reflecting sustained market interest and secure liquidity—a critical factor for both institutional and retail investors. This liquidity not only facilitates dynamic valuation adjustments in response to newsflow but also lowers transaction costs and reduces volatility spikes. Moreover, the active float is well-suited to capitalising on dislocations, permitting swift accumulation or repositioning as events unfold.

High trading activity is commonly viewed as a marker of market confidence and bodes well for those seeking timely entry or exit, particularly around material catalysts.

Catalysts and Positive Outlook

• Production ramp-up: Lucid has communicated an ambitious goal to double production in 2025—an objective that, if achieved, would mark a step-change in revenue and operational leverage.
• Product innovation: The imminent launch of the Lucid Gravity, a luxury SUV, targets one of the fastest growing and highest-margin EV segments. This new model not only expands Lucid’s addressable market but also leverages its brand equity and technology leadership.
• International expansion: Plans to penetrate new geographies reinforce Lucid’s transition from niche domestic player to a global EV contender, spreading risk and multiplying revenue streams.
• Technological superiority: Lucid’s efficiency gains and best-in-class range continue to win industry accolades, enhancing customer acquisition and loyalty.
• Sustainability and ESG: Lucid’s positioning at the intersection of luxury and sustainability aligns with macro trends in green investing and consumer preferences, supporting potential premium market valuations.

The recent appointment of a new CEO (currently in process) is viewed as an opportunity to inject further strategic and operational expertise, with founder Peter Rawlinson pivoting to a core focus on breakthrough technology—the area where Lucid is already recognised as a sector pioneer.

From a macro and regulatory context, global incentives for decarbonisation, rising emissions standards, and resilient consumer demand in premium auto segments all point toward a supportive backdrop for Lucid’s growth narrative.

Investment Strategies

• Short-term: Tactical investors may be drawn to Lucid’s position near key technical support ($1.93) and the neutral RSI, both indicative of a potential low-risk entry point. Should technicals turn decisively positive, a quick move toward the first resistance at $2.70 and then $3.00 could materialise.
• Medium-term: Medium-term strategies benefit from positioning ahead of the Lucid Gravity launch and tangible production milestones. Upcoming financial disclosures and CEO appointment news may serve as clear catalysts for shift in institutional sentiment, providing tailwinds to valuation expansion as delivery numbers grow and margins improve.
• Long-term: For long-horizon investors, Lucid’s mix of innovation, financial robustness, and addressable market expansion justifies sustained attention. If operational scaling remains on track and competitive positioning crystallises, the stock holds outsize potential to reward patience—particularly if market sentiment coalesces around its unique combination of luxury brand equity and sovereign support.

In all scenarios, the alignment of current price to historical lows combines with an outlook crowded with high-impact events, encouraging serious consideration of Lucid during this consolidation phase.

Is it the Right Time to Buy Lucid Group?

Taking into account Lucid’s recent outperformance on revenue and deliveries, its formidable cash position, next-generation technology profile, and the clear presence of multiple upcoming catalysts—including scalable production, a new model rollout, and global expansion—the argument for a renewed buy-side stance is both well-founded and compelling. Technical underpinnings suggest the stock may be forming a robust base from which to initiate a new bullish phase, while high trading liquidity ensures readiness for rapid revaluation.

Importantly, Lucid's unique position in luxury, sustainability, and technology, complemented by major institutional support and an attractive technical setup, reinforces the view that current levels represent an excellent opportunity to gain exposure to the premium EV sector’s next growth cycle. As the sector’s evolution accelerates and Lucid executes on its strategy, the upside potential seems significant.

For investors seeking an innovative, well-capitalised player with the proven ability to scale and disrupt the high-performance automotive market, Lucid Group warrants very serious consideration as a core portfolio position for 2025 and beyond—the stock’s convergence of macro, technical, and business catalysts arguably makes it one of the most strategically attractive opportunities on the US tech growth landscape today.

In summary, Lucid Group stands poised at a pivotal juncture where innovation meets opportunity, underpinned by robust liquidity and a compelling growth roadmap; the current setup seems ideal for those seeking exposure to a sector primed for transformational change.

How to buy Lucid Group stock in New Zealand?

Buying shares of Lucid Group (LCID) online has never been simpler or more secure for New Zealand investors, thanks to regulated brokers that offer user-friendly platforms, strong security, and transparent pricing. You have two primary ways to invest: spot (cash) buying, where you actually own the shares, or CFD trading, which allows you to speculate on the price movements without owning the stock. Both methods are accessible with just a few clicks, even for beginners. Below, you'll find a detailed comparison to help you choose the broker and the approach that suits you best.

Cash Buying

A cash purchase means you buy Lucid Group shares directly through a broker and become a shareholder. In New Zealand, most online brokers charge a fixed commission per order—typically in the range of NZ$4–NZ$10, plus a small exchange fee for US stocks.

Example

Suppose the Lucid Group share price is US$2.41. With a NZ$1,000 stake (about US$610, after currency conversion and fees), you could purchase approximately 250 shares after factoring in a brokerage fee around NZ$5.

✔️ Gain scenario: If Lucid’s share price rises by 10%, your shares are now worth about NZ$1,100.
Result: That’s a NZ$100 gross gain, or +10% on your original investment.

Trading via CFD

CFDs (Contracts for Difference) let you trade Lucid Group shares without actually owning them. Instead, you speculate on the price movement—up or down—with the option of using leverage. CFD brokers typically charge a spread (the small difference between the buy and sell price) and may charge overnight financing if you keep positions open beyond the trading day.

Example

You open a CFD position on Lucid with NZ$1,000 using 5x leverage. This means you control market exposure equivalent to NZ$5,000.

✔️ Gain scenario: If Lucid’s stock rises by 8%, your leveraged position gains 8% × 5 = 40%.
Result: That’s a NZ$400 gain on your NZ$1,000 stake (excluding possible fees).

Final advice

Before you invest, it’s essential to compare different brokers’ fees, spreads, minimum deposit requirements, and extra charges—these can have a real impact on your return. The best method depends on your objectives, risk tolerance, and whether you value simple ownership or amplified trading potential. To make the process easier, you’ll find a comprehensive broker comparator further down the page. Take your time, inform yourself, and invest with confidence!

Our 7 tips for buying Lucid Group stock

The latest news about Lucid Group

Lucid Group reported Q4 2024 revenue that exceeded analyst expectations by 17%. This outperformance in the latest quarter’s top line, with quarterly revenue hitting $234.5 million (up 49.2% year-over-year), signals operational progress and stronger-than-expected demand, a constructive indicator for international investors including those based in New Zealand. Annual revenue also saw a robust increase of 36% year-on-year, reflecting scale in both vehicle production and deliveries. This positive surprise, in contrast to the company’s widening net loss, provides reassurance about Lucid’s growth trajectory in the electric vehicle (EV) sector, a segment of increasing interest within the trans-Tasman investment community.

Technical signals for Lucid Group stock have shifted to indicate a buying opportunity on several key metrics. Over the last week, Lucid’s price has hovered slightly above its 20-day, 50-day, and 100-day moving averages, all flashing Buy signals, while the Relative Strength Index (RSI) remains neutral at 51.76 — avoiding overbought conditions. The MACD indicator also signals buying momentum. Given the stock’s current pricing near technical support levels, these technical patterns may attract value-seeking or tactical investors in New Zealand, who often monitor oversold North American EV equities for timely entry points.

Lucid Group’s strategic outlook is buoyed by plans to double production in 2025 and to launch the Lucid Gravity SUV. This aggressive scaling and product innovation underpins medium-term optimism for investors, as the company aims to tap growth in high-demand segments globally. The Lucid Gravity is positioned as a luxury electric SUV—a vehicle style strongly favoured in Australasia’s affluent car markets—enhancing the stock’s relevance for New Zealand analysts considering future local distributorships or luxury EV penetration. The emphasis on energy efficiency leadership also aligns with New Zealand’s climate and transportation policy trends.

The company continues to enjoy strong financial backing, supported by over $6 billion in cash reserves and a major shareholder in Saudi Arabia’s PIF. This solid liquidity position substantially reduces near-term solvency risks, ensuring Lucid has both capital and strategic international support to execute its expansion and innovation agenda. The presence of a committed sovereign wealth fund as a major shareholder also offers stability—an attribute likely to reassure New Zealand fund managers scrutinising long-term viability and governance in a volatile global EV sector.

The board is proactively managing executive transition, with CEO Peter Rawlinson stepping aside to focus on technology but retaining his engineering leadership. While the company is actively seeking a new CEO, the decision is perceived as a positive step towards balancing commercial and technology leadership. For NZ-based institutional investors, such governance developments are seen as constructive, as Lucid seeks to maintain strategic clarity and operational continuity while boosting its technology credentials—an area of high value in an increasingly competitive global EV market.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.