Lucid Group, Inc. (NASDAQ:LCID) Given Average Rating of “Reduce” by Brokerages

Shares of Lucid Group, Inc. (NASDAQ:LCID) have been assigned an average recommendation of “Reduce” from the eleven research firms that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $9.5556.

Several analysts have recently commented on the company. Citigroup restated a “buy” rating and set a $14.00 target price (down from $17.00) on shares of Lucid Group in a report on Friday, May 15th. Benchmark cut shares of Lucid Group from a “buy” rating to a “hold” rating in a research report on Wednesday, May 6th. Robert W. Baird set a $6.00 target price on Lucid Group in a research note on Wednesday, May 6th. TD Cowen lowered their price objective on Lucid Group from $10.00 to $7.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Finally, Evercore set a $6.00 price target on shares of Lucid Group in a research report on Monday, May 11th.

Key Lucid Group News

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

• Positive Sentiment: Saudi billionaire Prince Alwaleed bin Talal disclosed a passive 5% stake in Lucid, valued at roughly $150 million. The investment increases Saudi-linked ownership of the electric-vehicle maker and was viewed as a vote of confidence in Lucid’s long-term prospects. Saudi prince buys 5% stake in Lucid Motors
• Positive Sentiment: Unusually heavy options activity also supported bullish sentiment, with traders purchasing 73,420 call options—about 47% above typical call volume. This suggests increased speculative interest in further gains, though options activity can amplify volatility.
• Neutral Sentiment: Lucid’s stock has outperformed some rival electric-vehicle names over the past month, but it remains well below its 12-month high and below its 200-day moving average. The recovery therefore reflects improving momentum but does not yet confirm a sustained turnaround.
• Negative Sentiment: Multiple law firms publicized a securities class action against Lucid and certain officers, alleging violations of federal securities laws involving investors who purchased shares between February 25 and April 13, 2026. The July 28 lead-plaintiff deadline brought additional attention to the litigation, creating a potential legal and reputational overhang. Pomerantz class action announcement
• Negative Sentiment: Analysts expect Lucid to report a decline in earnings in its upcoming results. The company’s high debt burden, weak quick ratio and continuing losses remain important risks, particularly after the stock’s sharp speculative rebound. Analysts estimate Lucid earnings decline

Lucid Group Price Performance

Shares of Lucid Group stock opened at $7.90 on Wednesday. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of -0.60 and a beta of 0.83. 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 1-year low of $2.37 and a 1-year high of $27.80. The firm’s 50-day moving average price is $5.92 and its two-hundred day moving average price is $8.06.

Institutional Trading of Lucid Group

Institutional investors and hedge funds have recently modified their holdings of the stock. Uber Technologies Inc acquired a new stake in shares of Lucid Group in the 3rd quarter valued at approximately $326,283,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Lucid Group by 39.2% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,309,476 shares of the company’s stock worth $25,973,000 after purchasing an additional 3,465,542 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Lucid Group by 6.2% in the 4th quarter. Vanguard Group Inc. now owns 12,061,286 shares of the company’s stock valued at $127,488,000 after buying an additional 701,826 shares during the period. Goldman Sachs Group Inc. raised its stake in Lucid Group by 112.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 5,440,620 shares of the company’s stock worth $13,166,000 after buying an additional 2,874,603 shares during the period. Finally, BNP Paribas Financial Markets grew its stake in Lucid Group by 93.5% in the second quarter. BNP Paribas Financial Markets now owns 4,485,715 shares of the company’s stock valued at $9,465,000 after acquiring an additional 2,167,882 shares during the period. 75.17% of the stock is owned by institutional investors.

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.