Lucid Group (NASDAQ:LCID) Stock Price Down 7.2% – Should You Sell?

Lucid Group, Inc. (NASDAQ:LCID)’s share price was down 7.2% during trading on Thursday . The stock traded as low as $9.80 and last traded at $9.91. Approximately 6,817,991 shares were traded during mid-day trading, a decline of 5% from the average daily volume of 7,211,757 shares. The stock had previously closed at $10.68.

More Lucid Group News

Here are the key news stories impacting Lucid Group this week:

• Positive Sentiment: Fool: roadmap to stop disappointing investors — Notes Lucid’s eight consecutive quarters of record deliveries and outlines operational levers (volume growth, cost control, margin expansion) that could restore investor confidence if executed. Here’s How Lucid Can STOP Disappointing Investors
• Positive Sentiment: Short-term bounce since earnings — Coverage notes LCID is up modestly since the last quarterly report, indicating the market is reacting to delivery/volume progress and looking for follow-through on margins and guidance. Lucid Group (LCID) Up 3.9% Since Last Earnings Report: Can It Continue?
• Neutral Sentiment: Fool: momentum vs. profitability — Analysts and writers acknowledge production/delivery momentum but warn gross profits haven’t accelerated; this leaves upside conditional on margin improvement rather than an immediate catalyst. Lucid Will Continue to Set Historic Records and Can Still Disappoint
• Negative Sentiment: Analyst price-target cut — A reported 27.57% reduction in a firm price target to $15.62 lowers perceived upside and pressures sentiment among investors relying on analyst benchmarks. Lucid Group (LCID) price target decreased by 27.57% to 15.62
• Negative Sentiment: Q4 weakness and large recent decline — Post‑Q4 coverage highlights softer quarterly results and a multi‑month loss of market value (material declines over 6–12 months), reinforcing a cautious stance from some investors. Lucid (LCID): Buy, Sell, or Hold Post Q4 Earnings?
• Negative Sentiment: Ongoing losses and prolonged share weakness — Analysts flag continuing operating losses and extended share-price underperformance, prompting renewed scrutiny of fundamentals and cash runway. Evaluating Lucid Group (LCID) After Prolonged Share Price Weakness And Ongoing Losses
• Negative Sentiment: Long-term investor losses — Commentary comparing 5‑year returns for EV pure‑plays underscores investor frustration and risk aversion toward names with weak long-term performance. If You Bought Lucid, Nio, or Rivian Stock 5 Years Ago, Here’s How Much You’ve Lost
• Negative Sentiment: Recent trading volatility and steeper dips than the market — Recent sessions showed larger intraday/overnight declines versus benchmarks, increasing short‑term downside risk and headline sensitivity. Lucid Group (LCID) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Weiss Ratings restated a “sell (e+)” rating on shares of Lucid Group in a report on Monday, December 29th. Zacks Research upgraded shares of Lucid Group from a “strong sell” rating to a “hold” rating in a report on Thursday, March 5th. Morgan Stanley downgraded shares of Lucid Group from a “buy” rating to an “underweight” rating and cut their target price for the stock from $30.00 to $10.00 in a research report on Monday, December 8th. Cantor Fitzgerald reduced their target price on shares of Lucid Group from $21.00 to $14.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Finally, Bank of America initiated coverage on shares of Lucid Group in a research report on Wednesday, March 4th. They issued an “underperform” rating and a $10.00 price target for the company. Two research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $13.14.

Lucid Group Price Performance

The company has a fifty day simple moving average of $10.29 and a 200 day simple moving average of $14.14. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of -0.77 and a beta of 1.12. The company has a debt-to-equity ratio of 3.00, a quick ratio of 0.83 and a current ratio of 1.25.

Hedge Funds Weigh In On Lucid Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. J. Derek Lewis & Associates Inc. acquired a new stake in Lucid Group during the 4th quarter valued at approximately $158,000. Corient Private Wealth LLC acquired a new position in shares of Lucid Group in the 4th quarter worth approximately $118,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Lucid Group in the 4th quarter valued at $77,000. Alpine Global Management LLC boosted its stake in shares of Lucid Group by 561.7% in the 4th quarter. Alpine Global Management LLC now owns 16,160 shares of the company’s stock valued at $171,000 after purchasing an additional 19,660 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Lucid Group during the fourth quarter worth $1,355,000. 75.17% of the stock is owned by institutional investors and hedge funds.

Lucid Group Company Profile

Lucid Group, Inc is a California-based electric vehicle manufacturer specializing in the design, engineering and production of luxury electric sedans. Its flagship model, the Lucid Air, features a proprietary battery and powertrain architecture that emphasizes energy efficiency, extended driving range and high performance. In addition to passenger vehicles, Lucid offers charging solutions and software-enabled services aimed at optimizing the ownership experience and accelerating adoption of zero-emission transportation.

The company was founded in 2007 under the name Atieva, initially focusing on battery technology and electric powertrains for other automakers before transitioning to its own branded vehicles.