Lucid stock forecast 2030 incorporates macroeconomic factors such as interest rate trends and lithium pricing, both affecting valuation models. Wall Street models show upward adjustments after Q1 fleet expansion announcements. As of the end of the first quarter of 2024, 17 hedge funds out of the 919 funds tracked by Insider Monkey held a stake in Lucid Group, Inc. (NASDAQ:LCID). The most significant stake in Lucid Group, Inc. (NASDAQ:LCID) is held by Israel Englander’s Millennium Management. The hedge fund owns over 11 million shares in the company, worth more than $33.3 million. Lucid has the optionality to settle any conversions in cash, shares of its Class A common stock, or a combination of cash and shares to further influence potential dilution or cash obligations upon any future conversion of the notes. Market analysts weighing Lucid stock forecast 2030 factor government EV subsidies retention through 2030, a key determinant for consumer pricing competitiveness.
