LCIDBullpending
Lucid CityTarget Range
$4.50–$5
“from a bull standpoint, you do see a consensus for it to recover to at least that $450 to $5 range.”
Thesis at the time
BullishThe host views Lucid's new Bolt partnership (25,000 vehicles, Level 4 autonomy with Nvidia tech) alongside the existing Uber deal as a major validation of Lucid's technology licensing strategy. Combined with heavy short interest (50.5% of float) and the stock breaking above its 10-day moving average, he believes conditions are ripe for a short squeeze and further upside, though he cautions Lucid needs to hold current levels and ramp production to fulfill new orders.
Key arguments
- Bolt partnership adds 25,000 vehicle orders for autonomous mobility in Europe, on top of Uber's 35,000 and Saudi government's 50,000
- Partnership involves Nvidia technology, seen as a positive signal for Lucid's tech credibility
- Stock broke above its 10-day moving average for the first time since August 4th
- Short interest is high (50.5% of free float, ~79.2 million shares), creating squeeze potential
- News is expected to prompt new, likely bullish, analyst ratings
Counter-arguments acknowledged
- Lucid recently laid off a production line at AMP-1 and needs to ramp hiring/production to fulfill new orders
- Big money/institutional activity on the dark pool was minimal and skewed toward selling
- Stock needs to hold current levels or risk being seen as failing and sliding back down
Hedges and caveats (from the video)
- Broader market volatility expected from potential Japanese rate hike
- Production capacity constraints mentioned (recent layoffs at AMP One production line)
- Partnership lacks specific dollar value details
- Lucid must successfully ramp production to fulfill orders
- Assumes midsize vehicle orders based on price point (not explicitly confirmed)
The call
- Date said
- Sep 17, 2026
- Price at prediction
- $4.04
- Current price (live)
- $4.32$0.43 below target
- Confidence
- medium
- Specificity
- specific
How it resolved
- Status
- pending
Confidence Reasoning
Directional and somewhat specific with a price range, but hedged by 'consensus' and 'at least' language reducing certainty.