14 Days Historical Data
| Date | Opening price | Closing price | Minimum price | Maximum price |
| 2021-07-09 | Open: 28.758 | Close: 28.758 | Low: 28.758 | High: 28.758 |
| 2021-07-08 | Open: 27.413 | Close: 27.413 | Low: 27.413 | High: 27.413 |
| 2021-07-07 | Open: 28.735 | Close: 28.735 | Low: 28.735 | High: 28.735 |
| 2021-07-06 | Open: 30.164 | Close: 30.164 | Low: 30.164 | High: 30.164 |
How high can CCIV stock go after the lucid merger?
14 rows · 52 Week High: 49.748 52 Week Low: 25.797 45-Day Moving Average: 43.293 90-Day Moving Average: ...
Why is CCIV stock rising?
Feb 02, 2022 · Stay up to speed with hot stocks' news! Cciv stock will go up cciv stock has the potential to go up due to lucid’s robust growth outlook. Cciv stock is a good buy at these prices. Cciv clear to go up. Cciv stock went as high as $65 before the merger deal was announced in february 2021. The bottom line on cciv stock. These targets suggest a 94 ...
Will Churchill capital (CCIV) stock rise more after June 1 surge?
May 21, 2021 · CCIV stock has been rising amid merger progress. The stock recaptured the $20 mark on May 20. The stock gained 4 percent after Lucid Motors provided the proposed merger deal visibility in public....
Is CCIV-U stock a good long-term investment?
Jun 04, 2021 · June 4, 2021. Churchill Capital IV (NYSE: CCIV) stock has seemed to have found its floor at around $20 per share. It may be holding steady now. But, that doesn’t mean it’ll …
Will the CCIV stock go up?
Will Churchill Capital Corp IV stock price grow / rise / go up? Yes. The CCIV stock price can go up from 24.250 USD to 42.323 USD in one year.
What will happen to my CCIV stock after merger?
As a result of the merger, Churchill Capital and Lucid Motors will be renamed Lucid Group. In addition to this, shares of CCIV stock will switch over to the LCID stock ticker.Jul 23, 2021
Is CCIV a good stock to buy?
The Churchill Capital Corp stock is now one of the most valuable stocks to buy in 2021. The company raised over $1.5B during its IPO in July 2020.Sep 28, 2021
What is the stock prediction for CCIV?
CCIV (CCIV) Monthly Stock Prediction for 2022MonthTargetPes.May.28.1825.79Jun.29.6226.95Jul.28.1626.05Aug.29.4027.415 more rows
Should I buy CCIV stock before the merger?
The company has a strong and experienced team that could turn the projections and goals into a reality but I would recommend investors to wait for the merger to complete before investing in CCIV stock.Jun 28, 2021
Will my CCIV convert to LCID?
Shareholders approved the long-awaited merger between Churchill Capital and Lucid (NASDAQ:LCID) on Friday. This was the last roadblock to making the deal a reality. As such, as of Monday, CCIV stock has converted into LCID stock. The company is known as Lucid Group and trades on the Nasdaq.Jul 29, 2021
Is CCIV undervalued?
I still think CCIV stock (the new symbol will be LCID after the merger) is at least 33% undervalued, based on my model, described in my prior articles. I can walk you through the highlights in this article.Apr 26, 2021
Is CCIV long-term hold?
After it's merger with EV maker Lucid Motors, investors hope that the stock prices will grow over time. However, because Lucid Motors is a startup, it might take a while for it to gain standing in the EV market. Therefore, the CCIV is a good long-term stock that requires a patient investor.May 24, 2021
Is CCIV a good long-term stock?
If you are looking at CCIV stock as a long-term investment, there will probably be a more attractive entry point. This could happen between now and the completion of the deal. It is certainly a top EV stock to watch from now on, but not quite the price that investors are paying right now.Feb 23, 2021
What will lucid stock be worth in 5 years?
The LCID (“LCID” ) future stock price will be 119.160 USD in 5 years. The long-term earning potential is +7.44% in one year. Retail traders have long been drawn to EV stocks, and several have gone public with a blank-check vehicle known as a SPAC – a move that attracts even more retail traders.Mar 16, 2022
Is CFVI stock a buy?
During the day the stock fluctuated 0.88% from a day low at $11.30 to a day high of $11.40....Predicted Opening Price for CF Acquisition Corp. VI of Monday, April 18, 2022.Fair opening price April 18, 2022Current price$11.34$11.33 (Undervalued)
What is lucid price target?
The 4 analysts offering 12-month price forecasts for Lucid Group Inc have a median target of 45.00, with a high estimate of 50.00 and a low estimate of 12.00. The median estimate represents a +114.08% increase from the last price of 21.02.
"Should I invest in CCIV-U stock?" "Should I trade "CCIV-U" stock today?"
According to our live Forecast System, CCIV-U stock is an awesome long-term (1-year) investment *.
What is the CCIV-U stock price / share price today?
The CCIV-U stock price is 26.985 USD today.
Will CCIV-U stock price grow / rise / go up?
Yes. The CCIV-U stock price can go up from 26.985 USD to 49.748 USD...
Is it profitable to invest in CCIV-U stock?
Yes. The long-term earning potential is + 84.36 % in one year.
Will CCIV-U stock price fall / drop?
No. See above .
What will CCIV-U stock price be worth in five years (2027)?
The CCIV-U ("CCIV-U" ) future stock price will be 144.536 USD .
Will CCIV-U stock price crash?
According to our analysis, this will not happen.
Will CCIV-U stock price hit 100 USD price in a year?
Not within a year. See above .
Will CCIV-U stock price hit 200 USD price in a year?
Not within a year. See above .
Who is the CEO of Lucid?
Lucid CEO Peter Rawlinson ’s take on Tesla. As Lucid hits the homestretch in becoming a public company, CEO Peter Rawlinson thinks that Tesla has succeeded in the EV business because of its technology. Rawlinson worked at Tesla in the past as a chief engineer in the Model S project.
Who is the CEO of Tesla?
Recently, Tesla CEO Elon Musk appeared to cast doubts on Rawlinson’s role on Model S. Regardless, the car went on to become Tesla’s best-selling model. There's a multitude of companies fighting to dominate the EV market, but Rawlinson only sees Tesla as Lucid’s real competition.
When will Lucid Air be released?
It has focused on luxury car market and has lined up several models. The deliveries of its flagship Lucid Air model are expected to start later in 2021. Lucid CEO Peter Rawlinson was a Tesla engineer and oversaw work on Tesla’s flagship Model S.
Is CCIV a short squeeze?
Reddit investors are known for banding together to drive up prices of heavily shorted stocks to force a short squeeze. Therefore, the rising bearish bets make CCIV stock a short squeeze candidate. In a squeeze, the stock could rise sharply, which is what happened recently with AMC.
Is Lucid Motors going public?
Lucid Motors is often mentioned among the best electric vehicle stocks to buy. Lucid is going public in a SPAC merger with Churchill Capital (CCIV). The transaction is expected to close at any moment. How high can CCIV stock go after the Lucid merger and should you buy now?
CCIV stock is rising
CCIV stock gained 9 percent on June 1, and is trending upwards in the pre-market trading session on June 2. The stock gained significantly on reports that Rivian, the Amazon-backed EV truck manufacturer, might go public soon. Also, there were rumors that CCIV and Lucid plan to close the transaction by the end of June 2021.
CCIV stock will rise more
The merger voting date announcement might be enough of a catalyst to send CCIV stock higher. The shares of Social Capital Hedosophia Holdings V (IPOE) increased by 10 percent after the SPAC announced the voting date. SoFi went public on June 1 through a reverse merger with Chamath Palihapitiya’s IPOE.
Lucid Motors versus Rivian valuation
The significant pullback of CCIV stock from the peaks has left investors wondering whether it’s undervalued. To find out, we’ll compare CCIV stock with its competitors. The SPAC deal gives Lucid an implied pro forma equity value of $24 billion. At CCIV’s current stock price, Lucid has a market capitalization of around $36.1 billion.
How high could CCIV go before Lucid Motors merger?
CCIV stock went as high as $65 before the merger deal was announced in February 2021. Since then, the stock has dropped drastically and found support at around $18.
What's happening with CCIV stock?
CCIV stock has been rising amid merger progress. The stock recaptured the $20 mark on May 20. The stock gained 4 percent after Lucid Motors provided the proposed merger deal visibility in public. Investors liked the news that the luxury electric vehicle maker plans to list its stock on Nasdaq under the ticker symbol “LCID.”
CCIV will likely go up before Lucid merge
I think that we're done with the sell-off and CCIV stock is expected to go up before the Lucid merger date. The stock gained 10 percent over the last five trading days and was up in pre-market trading on May 21.
Catalysts that could drive CCIV stock
There are several catalysts that could drive CCIV stock higher. First, the stock could rise on a merger voting date announcement. Social Capital Hedosophia Holdings V ( IPOE) stock also surged 10 percent after the SPAC announced the date of the shareholder vote. Chamath Palihapitiya's IPOE is set to take fintech startup SoFi public.
CCIV stock is a good buy at these prices
At CCIV’s current stock price, Lucid is valued at around $31.7 billion. Based on the projected 2021 sales of $97 million, we get a 2021 price-to-sales multiple of around 326.8x. The company’s 2022 and 2025 price-to-sales multiples are 14.3x and 2.3x, respectively.
Could CCIV stock fall after the merger?
After the merger deal closes, CCIV would automatically convert into Lucid. The stock isn’t expected to fall after the merger because of the company's strong growth outlook. Lucid projects sales of $2.2 billion in 2022, $5.5 billion in 2023, and $14 billion in 2025. The company plans to sell 20,000 units in 2022 and 135,000 units in 2025.
High Expectations Priced into CCIV Stock
So, what’s the latest with this popular SPAC play? The biggest event as of late has been Lucid’s User Experience (UX) event. This event may have showcased many of the appealing features of the upcoming Lucid air. Yet, investors did not seem too impressed, as seen from the stock’s post-UX sell-off.
Downside Risk After the Merger
Forget about CCIV stock roaring back above $60 per share. The real question you should ask yourself is, “how low can it go?” Will this stock, like other EV startups such as Fisker, fall toward its initial offering price once the deal closes?
Lucid Motors' car sales in 2025
Lucid expects to manufacture 365,000 EVs per year starting from 2022. Its first car would be Lucid Air, which will go for production later this year. The vehicle will be followed by an SUV code-named Project Gravity in 2023. In 2025, the company expects to sell 42,000 Lucid Airs, 86,000 Gravity (SUVs), and 8,000 units of the new car.
Will Lucid Motors be profitable by 2025?
According to Lucid Motors’ projections made in the investor presentation, it expects to be profitable on gross profit and EBITDA profit basis by 2022 and 2024, respectively. The company expects to reach true profitability (net profit basis) by 2025. We know from Lucid's volume projections that it expects to deliver 135,000 vehicles by 2025.
CCIV-Lucid Motors 2025 forecast
Lucid Motors' own forecasts project it to be free cash flow positive by 2025. The problem is that these are just forecasts and going by them, the stock should be worth multiple times the current stock price. The real challenge lies in execution, which will start with the company delivering its first vehicle on schedule later this year.
CCIV as a long-term investment
Even based on the company’s own forecasts (which seem to be rosy at the moment), the stock seems expensive. It trades at a pro forma market capitalization of around $33 billion. Based on CCIV's current EV and 2023 revenues, it trades at a multiple of 5.1x, which is steep compared to most of its peers.