Should I Buy Lucid Motors Stock in 2025? A South African Perspective

What is Lucid Motors?

How much is the Lucid Motors stock?

The price of Lucid Motors stock is falling this week. As of 30 May 2025, the current share price is $2.41, reflecting a sharp intraday drop of 8.37% and a weekly decline. Over the past week, the stock has lost ground, with a market capitalisation now at $8.02 billion and a robust average trading volume of 111.7 million shares over three months.

Lucid Motors does not report a P/E Ratio due to ongoing losses and offers no dividend yield, while its beta stands at 0.88, pointing to slightly lower volatility than the broader market.

Investors in South Africa should note that Lucid’s share performance remains highly sensitive to industry shifts and company developments, making it important to assess risk before investing.

Our full analysis on Lucid Motors stock

Having systematically reviewed Lucid Motors’ latest financial results alongside its stock performance over the past three years, and cross-referenced multi-source analyses—including quantitative indicators, technical signals, peer metrics, and proprietary screening algorithms—we are now positioned to deliver a comprehensive perspective for discerning investors. Lucid Motors stands at a strategic inflection point, driven by operational improvement, product milestones, and a constructive industry environment. So, why might Lucid Motors stock once again become a compelling entry point into the global electric vehicle sector in 2025?

Recent Performance and Market Context

Over the last twelve months, Lucid Motors’ share price exhibited notable volatility, reflecting both sector rotation and evolving investor sentiment. As of 30 May 2025, LCID closed at $2.41 per share—towards the lower bound of its 52-week range ($1.93 – $4.43)—but crucially, it has advanced 10.55% over the past six months. This positive momentum followed a period of recalibration in the electric vehicle (EV) industry that affected virtually all EV peers, including marquee names like Tesla and Rivian.

Crucially, Lucid’s Q1 2025 results sparked renewed optimism. Revenues surged by 36% year-on-year to $235 million, while vehicle deliveries soared 58% versus Q1 2024. The company’s ability to beat consensus delivery and revenue expectations suggests a marked operational upturn, providing a robust foundation for positive price action.

From a macro perspective, the uptrend in global EV adoption—propelled by regulatory tailwinds, expanding charging infrastructure, and sustained government incentives—continues to underpin sector dynamism. For South African investors, exposure to an innovative US-based EV leader offers diversification benefits as domestic auto manufacturing shifts toward electrification amid the national push to decarbonize transport.

Technical Analysis

• Relative Strength Index (RSI 14 days): 51.76, a neutral reading indicative of balanced supply-demand dynamics and room to the upside.
• MACD (12,26,9): +0.06, signaling a shift towards bullish momentum as the MACD line crosses above the signal line.

The price currently sits above the 20-day ($2.59), 50-day ($2.49), and 100-day ($2.61) moving averages—each traditionally interpreted as a medium-term buy signal. While the 200-day average remains above the current price ($2.79), a sustained move higher could confirm an intermediate-term reversal.

Of particular interest is the proximity to a major technical support level at $2.43 and a pivotal resistance at $2.74. This price structure, supported by high recent trading volume, suggests the stock may be building a base ahead of the next upward impulse—often a precursor to sustained rallies following consolidation.

Fundamental Analysis

• Revenue Growth: Up 36% year-on-year, significantly outpacing most automotive peers.
• Deliveries: Over 3,100 units, up 58% from the year prior.
• Production: 2,212 vehicles, confirming improved throughput.

While the company remains unprofitable—posting a Q1 net loss per share of –$0.24 (GAAP) and –$0.20 (non-GAAP)—this is characteristic of capital-intensive, high-growth disruptors in their expansion phase. With a robust cash balance of $5.76 billion at quarter-end, Lucid is well-capitalized to fund global expansion and continued R&D investment.

On valuation, while traditional ratios like P/E and PEG are not applicable yet, Lucid’s price-to-sales (P/S) ratio remains competitive within the luxury EV segment, especially when factoring in projected 73% sales growth for full-year 2025 and anticipated near-doubling in 2026. This forward-looking growth, against a backdrop of an $8.02 billion market capitalization and strong strategic shareholders (notably Ayar Third Investment Company), suggests the fundamentals justify renewed investor interest at current levels.

Structurally, Lucid stands apart on several axes:

• Technological Leadership: Industry-leading battery technology and energy efficiency, resulting in superior range and performance.
• Premium Positioning: Lucid Air and Lucid Gravity target the luxury EV market, a segment with resilient margins and affluent clientele.
• Production Scale: Vertically integrated manufacturing in Arizona provides a platform for operational leverage and international expansion.

Volume and Liquidity

Trading liquidity is a hallmark of sustained institutional interest, and Lucid’s average daily volume of over 111 million shares confirms deep market participation. This liquidity underpins tighter spreads and ensures that price discovery remains effective, even through periods of heightened volatility.

Moreover, the structure of Lucid’s public float and substantial backing by strategic investors—especially from the Saudi Arabian sovereign wealth ecosystem—creates a favorable backdrop for dynamic valuation adjustments. The float configuration may amplify positive price moves as new institutional or retail demand emerges, notably if near-term catalysts deliver.

Catalysts and Positive Outlook

• New Product Launch: The Lucid Gravity, a luxury electric SUV, is being rolled out in 2025—a move poised to capture share in the fast-growing premium SUV segment.
• Production Ramp: The company’s ambitious target to produce approximately 20,000 vehicles this year, if met, would constitute a significant inflection in scale.
• International Expansion: A strategic foothold in Saudi Arabia and anticipated development in other high-growth regions diversify revenue streams and reduce dependence on US demand.
• Earnings Growth Projections: Sell-side consensus expects 73% revenue growth in 2025, accelerating to 96% in 2026.
• ESG Momentum: Lucid’s strong emphasis on sustainable manufacturing and next-generation battery efficiency positions the company as a darling for ESG-aligned capital.

From a sector standpoint, technology adoption cycles, supportive energy policies, and consumer shifts toward electrification continue to serve as tailwinds for the luxury EV market through 2025 and beyond.

Investment Strategies

• Short-term: Momentum signals triggered by the MACD, resilient support near $2.43, and potential pre-catalyst accumulation ahead of the Q2 earnings release in August 2025.
• Medium-term: The anticipated Gravity SUV launch and ramp-up in deliveries through the year could drive multiple expansion and upward earnings revisions.
• Long-term: For patient investors, Lucid offers significant optionality on brand equity, innovation in battery tech, and the global paradigm shift toward premium electric mobility.

Ideal positional tactics may involve staged accumulation at current price levels, particularly if dips approach established support or leading into major news flows (production/delivery data or earnings). For South African investors seeking diversification into US technology and the green transition, Lucid represents a particularly forward-looking component within a barbell allocation to innovation-driven growth equities.

Is it the Right Time to Buy Lucid Motors?

Synthesizing the above, Lucid Motors appears to be entering a new phase of operational maturity and market relevance. Its most recent financial results outperformed estimates, and the ramp in vehicle deliveries—coupled with ambitious production and international expansion plans—lays the groundwork for outsized revenue growth over the next 12–24 months.

The technical structure is increasingly supportive, with momentum indicators turning constructive and the stock building a base near multi-quarter lows. Deep liquidity, strong institutional backing, and a clearly defined set of upcoming catalysts—all underscore a highly favorable risk/reward profile for new positions.

While short-term volatility is to be expected in the hyper-competitive EV space, Lucid’s innovative edge, strategic financial support, and improving operational execution make a compelling case for investors seeking exposure to next-generation mobility and global green trends. For investors in South Africa aiming to diversify into global tech disruptors, Lucid Motors' current valuation levels and upside catalysts seem to represent an excellent opportunity to consider as part of a progressive growth portfolio.

In sum, Lucid Motors stock may be poised to deliver substantial value as it capitalizes on megatrends in electrification and luxury automotive demand. With breakthrough products, scaling deliveries, and an improving financial profile, Lucid merits renewed attention as a dynamic play on the EV revolution heading into 2025. This is a juncture where disciplined investors may well find the risk/reward equation particularly attractive—an invitation to consider Lucid as a strategic growth holding in the coming months.

How to buy Lucid Motors stock in South Africa?

Buying Lucid Motors (LCID) shares online is a simple and secure process through regulated brokers available to South African investors. With modern digital platforms, you can invest in Lucid Motors directly on the NASDAQ from the comfort of your home. There are two main ways to get exposure: spot buying (owning the shares) and CFD trading (speculating on price movements with leverage). Both methods are accessible in ZAR or USD accounts, offering different advantages based on your goals. To help you find the best platform, a detailed broker comparison is available further down this page.

Spot Buying

A cash (spot) purchase means buying real Lucid Motors shares in your name on the stock exchange. You become an actual shareholder and can hold your investment as long as you like. South African brokers typically charge a fixed commission per order—often around R75 to R150, or ±$5 to $8 USD.

Example

If the Lucid Motors share price is $2.41 and you invest $1,000 (using a brokerage that charges a $5 fee), you can buy about 412 shares ($1,000 − $5 ≈ $995, then $995 ÷ $2.41 ≈ 412 shares).

Gain scenario

If the share price increases by 10% to $2.65, your shares are now worth about $1,100.

Result: +$100 gross gain, or +10% on your initial investment.

Trading via CFD

Trading Lucid Motors via CFDs (Contracts for Difference) lets you speculate on price changes without owning the underlying shares. With CFDs, you can use leverage, meaning you can control a larger position with less capital—but note the higher risks. Instead of a fixed commission, brokers typically charge a spread (the difference between buy and sell price) and overnight financing if you hold positions longer than a day.

Example

If you open a CFD on Lucid Motors shares with $1,000 and use 5x leverage, you get a market exposure of $5,000.

Gain scenario

If the share price rises by 8%, your position generates a 40% return (8% × 5).

Result: That’s a $400 gain on your $1,000 stake, excluding fees.

Final Advice

Before investing, always compare brokers in terms of fees, trading conditions, local support, and available features—a comprehensive broker comparator is provided below. Your choice between spot buying and CFD trading should depend on your investment objectives: buy-and-hold investors often prefer owning shares directly, while active traders may find CFDs better for short-term opportunities. Whatever your strategy, proper research and a clear understanding of risks are key to successful investing.

Our 7 tips for buying Lucid Motors stock

The latest news about Lucid Motors

Lucid Motors reported solid Q1 2025 results, recording a 36.1% revenue increase and 58.1% higher deliveries year-on-year. Revenue for Q1 reached $235 million, with 3,109 vehicles delivered and operations showing consistent improvement. This strong operational performance—exceeding market expectations—directly boosts confidence in the company’s business model and points to continued demand for premium EVs, which is particularly relevant to South African investors monitoring the growing global electric vehicle adoption that could soon influence local markets.

The company’s stock exhibited positive technical signals, with the 20-, 50-, and 100-day moving averages all indicating a buy signal. Lucid shares recently traded above these key moving averages, suggesting short-term upward momentum and increased investor interest. While the Relative Strength Index remains neutral at 51.76, the MACD also signals a potential buy. These developments are constructive for professional analysts in ZA seeking technical entry points with favorable risk-reward profiles, especially given the volatility commonly seen in the electric vehicle sector.

Lucid is actively expanding internationally, leveraging its strategic relationship with Saudi stakeholders to strengthen its global reach. Though Lucid does not yet have direct operations in South Africa, the company’s ongoing international expansion, notably in the Middle East, signals rising brand recognition and a possible precursor to future market entries. This is of interest in South Africa, where appetite for premium EVs is growing and where infrastructural developments could eventually accommodate brands like Lucid, potentially driving increased local and institutional interest.

Leadership changes in early 2025 support a targeted operational restructuring and growth readiness. The appointment of Marc Winterhoff as interim CEO and Taoufiq Boussaid as CFO marks a new phase for Lucid’s leadership, with a deliberate focus on operational excellence and long-term scalability. Such strategic realignments typically aim to streamline product development and strengthen cost discipline—factors that long-term investors, especially those in developing markets like ZA, watch closely as indicators of management’s commitment to sustainable growth.

Consensus among analysts remains neutral to slightly positive, with projections of 73% sales growth in 2025 and strong liquidity reported at $5.76 billion. The average price target stands slightly above current levels, and analyst sentiment acknowledges Lucid’s leading-edge technology and robust financial position. For ZA investors and asset managers, the company’s strong liquidity diminishes immediate financing risks and supports ongoing development, while projected sales growth indicates sustained momentum in demand for luxury electric vehicles worldwide.

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.