Should You Buy Lucid Group Stock While It's Below $5?

The stock of Lucid Group (NASDAQ: LCID) hasn't traded above the $5 mark since 2023. It's not entirely the electric-vehicle (EV) company's fault. Growth rates have been consistently positive, and analysts expect even more growth in 2025 and 2026 thanks to new model releases. In fact, there's a good chance the company nearly doubles its sales this year, with even more growth anticipated in the years that follow.This looks like a great opportunity to buy into an exciting growth stock at a discount. I wouldn't be surprised to see Lucid earn a significantly higher valuation in the future. But there are some serious risks to acquaint yourself with before jumping in.Few stocks have the potential to grow their sales base as much as Lucid does over the next few years. In 2025 alone, revenue is expected to jump 75%, though estimates from earlier in the year called for more than 100% growth. Either way, that's far higher than what EV competitors like Tesla and Rivian are expected to achieve.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool