Economic diversification in Lucid’s target markets—especially in GCC countries—adds resilience to the "LCID stock forecast 2030", buffering against U.S. market slowdowns. Lucid is the most richly valued with a NTM EV/S multiple of 7.2x, which has steadily fallen since its public debut. Still, it isn’t alone, as all five companies experienced significant multiple compression from 2021 to late 2022. The prepaid forward transaction is generally intended to facilitate privately negotiated derivative transactions, including swaps, between the forward counterparty or its affiliates and investors in the notes relating to Lucid's common stock by which investors in the notes will hedge their investments in the notes. Ayar's entry into the prepaid forward transaction with the forward counterparty and the entry by the forward counterparty into derivative transactions in respect of Lucid's common stock with the investors of the notes could have the effect of increasing (or reducing the size of any decrease in) the market price of Lucid's common stock concurrently with, or shortly after, the pricing of the notes and effectively raising the initial conversion price of the notes. The "LCID stock forecast 2030" gains support from projected margin lifts stemming from manufacturing scale, potentially aligning Lucid’s cost per vehicle with mass-market efficiencies.
