Analysts Set Lucid Group, Inc. (NASDAQ:LCID) PT at $9.67

Shares of Lucid Group, Inc. (NASDAQ:LCID) have been assigned an average recommendation of “Reduce” from the eleven brokerages that are presently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $9.6667.

A number of analysts have commented on LCID shares. Citigroup reiterated a “buy” rating and issued a $14.00 price objective (down from $17.00) on shares of Lucid Group in a research report on Friday, May 15th. Weiss Ratings reissued a “sell (e+)” rating on shares of Lucid Group in a report on Friday, March 27th. Evercore set a $6.00 target price on Lucid Group in a report on Monday, May 11th. Bank of America began coverage on Lucid Group in a report on Wednesday, March 4th. They issued an “underperform” rating and a $10.00 target price for the company. Finally, Morgan Stanley set a $5.00 target price on Lucid Group in a report on Wednesday, May 6th.

Hedge Funds Weigh In On Lucid Group

A number of hedge funds have recently modified their holdings of the stock. Verus Capital Partners LLC acquired a new position in shares of Lucid Group in the 1st quarter worth approximately $108,000. Essential Partners LLC acquired a new position in shares of Lucid Group in the 1st quarter worth approximately $126,000. J. Derek Lewis & Associates Inc. raised its holdings in shares of Lucid Group by 32.8% in the 1st quarter. J. Derek Lewis & Associates Inc. now owns 19,820 shares of the company’s stock worth $189,000 after buying an additional 4,896 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Lucid Group by 10.9% in the 1st quarter. Bank of America Corp DE now owns 1,919,073 shares of the company’s stock worth $18,289,000 after buying an additional 189,134 shares in the last quarter. Finally, Edgestream Partners L.P. acquired a new position in shares of Lucid Group in the 1st quarter worth approximately $976,000. 75.17% of the stock is owned by institutional investors and hedge funds.

Lucid Group Price Performance

Shares of LCID stock opened at $5.68 on Tuesday. The stock has a 50 day moving average of $7.21 and a two-hundred day moving average of $9.75. The company has a current ratio of 1.02, a quick ratio of 0.48 and a debt-to-equity ratio of 3.00. Lucid Group has a 12 month low of $5.55 and a 12 month high of $33.70. The company has a market capitalization of $2.22 billion, a P/E ratio of -0.43 and a beta of 0.89.

Lucid Group (NASDAQ:LCID) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($2.82) EPS for the quarter, missing analysts’ consensus estimates of ($2.53) by ($0.29). Lucid Group had a negative return on equity of 304.01% and a negative net margin of 248.09%.The firm had revenue of $282.47 million during the quarter, compared to the consensus estimate of $358.46 million. During the same quarter in the prior year, the business posted ($0.20) EPS. Lucid Group’s revenue was up 20.2% compared to the same quarter last year. As a group, equities analysts expect that Lucid Group will post -10.75 EPS for the current year.

Key Headlines Impacting Lucid Group

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

• Neutral Sentiment: Multiple law firms announced or reiterated securities class-action lawsuits tied to Lucid, with investors alleging harm during the Feb. 25–Apr. 13, 2026 class period and a July 28 lead-plaintiff deadline. These notices increase legal uncertainty but do not change fundamentals by themselves. Article Title
• Neutral Sentiment: Reports highlighted a CEO transition to Silvio Napoli and noted that the leadership change comes as Lucid faces questions about supplier quality, delivery issues, and transparency. Investors may view the transition as a reset, but also as a sign of ongoing execution risk. Article Title
• Neutral Sentiment: Several market recap pieces noted that Lucid shares paused after recent volatility and that the stock remains well below its longer-term moving averages, reinforcing a cautious trading backdrop. Article Title
• Negative Sentiment: Analyst and earnings-related coverage continues to point to weak fundamentals: Lucid missed quarterly EPS and revenue expectations in its last report, and one article noted the shares are down significantly since that earnings release. That combination of missed estimates and ongoing losses is likely weighing on sentiment. Article Title

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.