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- 1. How to buy Lucid Motors (LCID) stock
- 2. Where to buy Lucid Motors stock?
- 3. How to buy stock in Lucid Motors in 3 simple steps
- 4. Compare the best platforms to buy Lucid Motors stock
- 5. Fundamental analysis of Lucid Motors shares
- 6. Is Lucid Motors a good investment for me?
- 7. How to sell Lucid Motors stock
- 8. Should I buy Lucid Motors stock now?
- 9. FAQs
How to buy Lucid Motors (LCID) stock
Get started in minutes with our preferred broker,. 9/10
82% of retail CFD accounts lose money.
A big part of learning how to buy Lucid Motors stocks is finding the best place to make your investment. Lucid Motors stocks are available to invest in through an online stock broker, and it usually takes just a few minutes to buy shares in Lucid Motors when following our step by step guide.
Where to buy Lucid Motors stock?Copy link to section
Based on our research, we’ve ranked the top three brokers where you can buy Lucid Motors shares, according to how easy they are to use, how low their fees are, their safety and security rating, and average customer reviews.
77% of retail CFD accounts lose money.
Read more about how we test, rank & review platforms.
How to buy stock in Lucid Motors in 3 simple stepsCopy link to section
Buying Lucid Motors stock is quick and easy, all you need is an internet connection and a copy of your photo ID. Here’s how to do it.
Step 1. Sign up to eToroCopy link to section
77% of retail CFD accounts lose money.
Step 2. Make a depositCopy link to section
Transfer money to your new account with your credit or debit card, a bank transfer, or an alternative payment method, like PayPal. The minimum deposit is £10.
Step 3. Buy Lucid Motors sharesCopy link to section
Search for Lucid Motors using the ticker, LCID. Click the ‘trade’ button and enter the details of your investment, such as how many shares you want to buy or how much you want to spend. Hit ‘trade now’ to invest in Lucid Motors and complete your purchase.
It’s as easy as that! You can buy Lucid Motors shares in just 10-15 minutes and now you’re a Lucid Motors shareholder.
Compare the best platforms to buy Lucid Motors stockCopy link to section
1. eToro. Best for beginners, copy-trading & demo-account
Pros & Cons
We love eToro because you can trade more than 3,000 stocks, commission free. When you buy stocks on eToro, you’re buying the underlying asset, which means you can earn dividends. Or you can trade fractional shares, which means you can invest in even the most expensive stock from just $10.
As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the stock market every day, browse the latest analyst opinion about every one of those stocks, and copy other people’s trade suggestions from your desktop or the eToro app.
The fees: Stock and ETF trades are commission free. Stock CFDs are charged a 0.15% spread and overnight fees can apply. You can deposit money for free but you have to pay $5 per withdrawal, and there’s a minimum withdrawal of $30. A $10 per month activity fee is charged if you don’t log in for a year.
77% of retail CFD accounts lose money.
2. Public. Best for sharing beginner trading ideas
Pros & Cons
We love Public because it’s a social platform where you can share trading tips and get ideas from other people. Public offers 9,000+ financial instruments, including cryptocurrencies and stocks from around the world.
Alongside a community of other investors all sharing their ideas, Public offers real time news and information so that you can see the full picture before you invest. And the assets don’t just include your run-of-the-mill assets; you can make alternative investments in things like handbags and comic books as well.
The fees: There are no fees for investing in stocks during regular trading hours in the US – 9.30am-4pm EST. There is a $2.99 fee for trades outside of regular hours.
Fundamental analysis of Lucid Motors sharesCopy link to section
What is Lucid Motors’s total worth?Copy link to section
Lucid Motors’s total net worth is $19.98 billion. This is its total market capitalisation, calculated by multiplying the number of shares outstanding on a stock exchange by the current share price.
How has Lucid Motors’s share price performed in recent years?Copy link to section
The current Lucid Motors stock price today is $10.93, which is 82.84% below its all time high of $64.86, which it reached on 18 February, 2021.
Overall, LCID is up 10.94% since it listed on the stock market.. The LCID share price is up 79.26% in 2023 with a 52 week high of $29.05 and a 52 week low of $6.09.
What is Lucid Motors’s EPS?Copy link to section
Lucid Motors’s EPS is $1.09. EPS stands for earnings per share and is calculated by dividing Lucid Motors’s net profit by the number of shares outstanding. It gives you an idea of how valuable a company is.
What is the Lucid Motors P/E ratio?Copy link to section
Lucid Motors’s P/E ratio is 10.03. The P/E, or price to earnings ratio, tells you how much you would have to pay per share for $1 of Lucid Motors’s earnings.
It is calculated by dividing the share price by the earnings per share. You can use Lucid Motors’s earnings estimates to predict its future (or forward) P/E and set a target price you think the stock can reach.
What is Lucid Motors’s dividend yield?Copy link to section
Lucid Motors’s dividend yield is 0% The dividend yield tells you how much of Lucid Motors’s share price it gives back to shareholders in dividend payments every year. Lucid Motors does not pay any dividends.
Is Lucid Motors stock a buy or sell?Copy link to section
The indicator below shows you live technical ratings for Lucid Motors stock on time frames from one minute to one month.
It tracks a selection of key technical indicators on live market data, including moving averages, relative strength index (RSI), oscillators, and momentum.
This indicator should be used when you research Lucid Motors to help you decide whether to buy Lucid Motors shares. Past performance is no guarantee of future results. It is not investment advice or a recommendation from Invezz to buy this stock.
Is Lucid Motors a good investment for me?Copy link to section
The right answer is different for each person, so here is some information to help you decide whether to buy stocks in Lucid Motors.
- It manufactures its cars at a $700 million facility. The company is headquartered in California and builds its vehicles at its $ 700 million manufacturing facility in Arizona. The facility has been designed to meet the company’s needs and is equipped with the latest technology to ensure the production of high-quality electric cars.
- It went public via a SPAC. Lucid Motors went public in 2021 through a merger with a special-purpose acquisition company, Churchill Capital Corp. The merger allowed the company to raise capital and expand its operations quickly.
- The largest shareholder is the Public Investment Fund of Saudi Arabia. The Public Investment Fund of Saudi Arabia is LCID’s largest shareholder. The fund privately invested in the company in 2019 and owns over 60% of its shares.
- Its flagship vehicle received 13,000 orders before production. Its flagship Air sedan received over 13,000 orders before production and an EPA rating of 520 miles, beating the Tesla Model S by 100 miles. Its stock price jumped by more than 100% on the back of its maiden deliveries.
- It faces strong competition. Lucid Motors is a relatively new player in the electric car market and faces stiff competition from established players such as Tesla, Rivian, and Nio. The company must continue to produce high-quality electric cars and differentiate itself from its competitors to succeed in the market.
It’s always a good idea to think about any potential risks there might be as well. Use this summary of Lucid Motors’ pros and cons before you make a final decision on whether to buy Lucid Motors stock.
ProsCopy link to section
- The largest share holder of LCID stock is the Public Investment Fund of Saudi Arabai
- It owns a $700 million manufacturing plant
- Its flagship model has a longer range compared to other EVs
Are there other ways to buy shares in Lucid Motors?Copy link to section
Yes, you can invest in Lucid Motors stock in a few different ways. One option is to buy stock in Lucid Motors directly through an investment platform as laid out above, while another popular choice is to invest in a fund.
Mutual funds provide instant diversification to your investment portfolio by investing in lots of companies at once. You can invest in a Nasdaq index fund to get exposure to Lucid Motors, or choose an electric vehicle ETF.
This can be a good investment strategy for beginners and a way to learn how to buy Lucid Motors shares from someone with more experience.
What are the fees for investing in Lucid Motors stock?Copy link to section
It depends on the stock broker. Some platforms charge a flat fee per trade, others charge a commission as a percentage of the total trade value each time you buy Lucid Motors stocks.
Consider that there may be other costs to trading too. Other fees can include deposit and withdrawal fees, or inactivity fees if you don’t use your account for three months or more.
These are the trading platforms that charge the lowest fees for buying stocks in Lucid Motors.
|Trading platform||Trading fees|
|Degiro||$0 (US) / £1.75 (UK)|
How to sell Lucid Motors stockCopy link to section
When you decide the time is right to sell and lock in some profit (or cut your losses), log into your broker account and navigate to your portfolio.
From there, find your Lucid Motors stock and you’ll see a ‘sell’ option next to it. Click that to set the details of the trade (you don’t have to sell all your stocks at once) and sell back to cash.
Should I buy Lucid Motors stock now?Copy link to section
It’s your investing goals and style that define whether now is a good time to buy. The current Lucid Motors stock price plays into it but ultimately it depends on your investment horizons.
- If you’re a short term trader: the goal is to make money by buying and selling stocks regularly to secure a profit or avoid a loss. That can mean trading hourly, daily, or weekly but the focus is always on the near future. Traders learn how to buy stocks in Lucid Motors based on short term technical analysis and don’t hold shares for a long time, so any time can be a good time to buy LCID.
- If you’re a long term investor: you’re more interested in long term price appreciation than whether a stock is up or down on any given day. The important thing is finding a stock with a strong foundation where you think the share price will be up over a period of months or years. If you think Lucid Motors’s fundamentals are solid then the best time to invest in Lucid Motors stock is after a dip or a pullback in price.
Most new traders sit somewhere between these two positions. You don’t want to actively trade Lucid Motors stock all hours of the day but you don’t want to wait years for a return either.
Either way, following LCID price news and analysis will help you decide when to dip your toe into the market.
Latest Lucid Motors newsCopy link to section
Lucid reiterates production guidance despite missing sales estimates in Q2
Lucid shares slip 10% as Q2 deliveries come in well below estimates
Aston Martin just announced a ‘game changer’ deal with Lucid
Lucid is raising $3.0 billion through stock offering
Lucid shares sink 10% on Q1 results: ‘LCID is a zombie stock’
A top Wall Street analyst says this EV stock could cut in half this year
FAQsCopy link to section
There is no perfect way to value a stock. You can use financial metrics like the P/E ratio to compare share prices among Lucid Motors and its competitors, where a higher ratio indicates that a stock is more expensive. But lots of different factors play into Lucid Motors’s share price and the ‘right’ valuation is often a matter of opinion.
It depends on where you live but you do normally have to pay capital gains tax any time you make money from investing in Lucid Motors.
Capital gains tax is often charged at 10-15% of your profit but there are ways to limit the amount you have to pay, by using tax-friendly stock market investment vehicles and writing off losses.
Speak to an accountant or a tax professional and check the tax laws where you live to find out more.
Lucid Motors’s ticker symbol is NASDAQ:LCID. A ticker symbol, or stock code, is a publicly traded company’s unique identifier so that you can find them on stock exchanges.
No, Lucid Motors does not pay a cash dividend.
According to Sustainalytics, Lucid Motors has an overall ESG risk score of 29.1, which means it has a moderate risk level compared to other companies in the same industry. Its strongest ESG performance area is in the governance category, with a score of 14.1, indicating a low risk of financial impacts from governance factors. However, Lucid has higher ESG risks in the environmental and social categories, with scores of 31.1 and 34.8.
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >