Lucid Group, Inc. (NASDAQ:LCID) Receives $9.56 Average PT from Analysts

Lucid Group, Inc. (NASDAQ:LCID) has been given a consensus recommendation of “Reduce” by the twelve research firms that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $9.2222.

A number of analysts have commented on LCID shares. Robert W. Baird set a $6.00 target price on Lucid Group in a report on Wednesday, May 6th. Benchmark cut shares of Lucid Group from a “buy” rating to a “hold” rating in a report on Wednesday, May 6th. William Blair downgraded Lucid Group to a “market perform” rating in a research note on Monday, August 3rd. Citigroup cut their price target on Lucid Group from $14.00 to $11.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Cantor Fitzgerald reiterated a “neutral” rating on shares of Lucid Group in a research report on Monday, August 3rd.

Lucid Group Trading Down 4.9%

Shares of LCID opened at $5.63 on Friday. Lucid Group has a 1-year low of $2.37 and a 1-year high of $25.23. The company has a current ratio of 1.14, a quick ratio of 0.57 and a debt-to-equity ratio of 3.00. The firm’s 50-day moving average price is $6.27 and its 200-day moving average price is $7.57. The firm has a market capitalization of $2.22 billion, a price-to-earnings ratio of -0.41 and a beta of 0.83.

Lucid Group (NASDAQ:LCID) last posted its quarterly earnings data on Tuesday, August 4th. The company reported ($2.78) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.36) by ($0.42). The firm had revenue of $405.35 million during the quarter, compared to the consensus estimate of $381.59 million. Lucid Group had a negative return on equity of 1,391.51% and a negative net margin of 249.21%.Lucid Group’s revenue for the quarter was up 56.2% compared to the same quarter last year. During the same quarter last year, the company posted ($0.24) EPS. Sell-side analysts anticipate that Lucid Group will post -12.15 EPS for the current year.

Institutional Trading of Lucid Group

A number of large investors have recently modified their holdings of LCID. Jain Global LLC increased its holdings in Lucid Group by 13.3% in the fourth quarter. Jain Global LLC now owns 10,220 shares of the company’s stock valued at $108,000 after buying an additional 1,200 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Lucid Group by 3.7% in the 4th quarter. The Manufacturers Life Insurance Company now owns 37,146 shares of the company’s stock worth $393,000 after purchasing an additional 1,336 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of Lucid Group by 11.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,590 shares of the company’s stock worth $144,000 after purchasing an additional 1,430 shares during the period. SBI Securities Co. Ltd. raised its holdings in shares of Lucid Group by 9.6% during the fourth quarter. SBI Securities Co. Ltd. now owns 17,970 shares of the company’s stock valued at $190,000 after acquiring an additional 1,569 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Lucid Group by 16.0% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 11,645 shares of the company’s stock worth $123,000 after acquiring an additional 1,604 shares during the period. Hedge funds and other institutional investors own 75.17% of the company’s stock.

More Lucid Group News

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

• Positive Sentiment: Lucid said 2027 Air pricing will remain unchanged, a move that may support demand by avoiding additional price increases and improving affordability. Lucid Stock Rises After 2027 Air Pricing Announcement
• Positive Sentiment: Lucid selected Munsterhuis Autobedrijven as its first retail partner in the Netherlands. The agreement expands sales, service, leasing and insurance access beyond the company’s existing Studio and Service Center in Hilversum, potentially supporting European deliveries and brand awareness. Lucid Announces Munsterhuis Autobedrijven as First Retail Partner in the Netherlands
• Neutral Sentiment: Zacks Research upgraded Lucid from “strong sell” to “hold.” The change reduces an especially bearish rating but does not represent a bullish recommendation. Zacks Research Rating Update
• Negative Sentiment: Citigroup lowered its price target from $14 to $11, signaling reduced expectations even while retaining a “buy” rating. The revised target still implies substantial upside from recent levels, but the cut can weigh on sentiment. Citigroup Lowers Lucid Price Target
• Negative Sentiment: Lucid’s underlying financial profile remains a concern: its latest quarterly loss was wider than analysts expected, and the company continues to post deeply negative margins. Those issues may overshadow the pricing and distribution announcements.

About Lucid Group

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.