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Is Lucid Group Stock a Buy Now?

TheMotleyFool

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It's been a rough few weeks for Lucid Group (NASDAQ: LCID) investors. Its shares have lost roughly 25% of their value since May 20. And yet, analyst predictions for growth have surged this year. Wall Street expects the company to grow sales by 76% in 2025, with another 96% jump in sales expected in 2026.

Has the recent drop created a buying opportunity for this popular EV stock? There are two reasons to be bullish, and one reason to remain cautious.

The two reasons to get excited about Lucid's future both have to do with growth.

Source Fool.com

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