Lucid Group (NASDAQ:LCID) Trading Up 3.2% – Should You Buy?

Lucid Group, Inc. (NASDAQ:LCID) rose 3.2% during trading on Monday . The company traded as high as $6.66 and last traded at $6.50. 8,003,399 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 14,099,863 shares. The stock had previously closed at $6.30.

Key Headlines Impacting Lucid Group

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

• Positive Sentiment: High-profile 5% stake: A regulatory filing showed Prince Alwaleed beneficially owns approximately 19.5 million Lucid Class A shares, representing a 5% stake reportedly worth about $150 million. The investment strengthened confidence in Lucid and reinforced Saudi backing for the EV maker. Lucid Stock Soars. A Saudi Billionaire Just Made a Big Bet
• Positive Sentiment: Sentiment and trading momentum improved: The disclosure triggered an approximately 21.5% one-day rally, while call-option purchases also increased substantially. Investors appear to view the prince’s participation as a potential vote of confidence and a source of additional strategic support. Why Lucid Stock Soared 21.5% Today
• Neutral Sentiment: Profit-taking after the rally: Lucid shares traded lower in premarket activity as investors reassessed the filing and locked in gains. The move suggests the catalyst was driven primarily by sentiment rather than a newly announced improvement in vehicle deliveries, revenue or profitability. Is Lucid Stock a Buy After Prince Al Waleed Takes 19.5M Share Stake?
• Negative Sentiment: Fundamental concerns remain: Coverage continues to highlight Lucid’s cash burn, weak profitability and financial-health risks, while analysts expect declining earnings in the upcoming report. The stock also remains substantially below its levels from a year ago, indicating that the Saudi investment has not eliminated execution and funding concerns. Analysts Estimate Lucid Group to Report a Decline in Earnings
• Negative Sentiment: Securities lawsuit adds uncertainty: Multiple law firms publicized a class-action case covering investors who bought LCID between February 25 and April 13, 2026. The allegations could create legal costs and reputational risk, although the claims have not been proven. Pomerantz Class Action Announcement

Analysts Set New Price Targets

A number of analysts recently weighed in on LCID shares. Cantor Fitzgerald restated a “neutral” rating and set a $14.00 target price on shares of Lucid Group in a report on Monday, May 4th. Benchmark cut Lucid Group from a “buy” rating to a “hold” rating in a report on Wednesday, May 6th. Evercore set a $6.00 price objective on Lucid Group in a research report on Monday, May 11th. Royal Bank Of Canada reissued a “sector perform” rating and set a $7.00 price objective (down from $8.00) on shares of Lucid Group in a research note on Monday, July 13th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Lucid Group in a report on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Lucid Group currently has an average rating of “Reduce” and a consensus target price of $9.56.

Lucid Group Stock Performance

The firm’s fifty day simple moving average is $5.92 and its 200 day simple moving average is $8.06. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of -0.60 and a beta of 0.83. The company has a debt-to-equity ratio of 3.00, a current ratio of 1.02 and a quick ratio of 0.48.

Hedge Funds Weigh In On Lucid Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its stake in Lucid Group by 1,574.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,914 shares of the company’s stock valued at $28,000 after purchasing an additional 2,740 shares during the period. Leonteq Securities AG acquired a new stake in shares of Lucid Group in the fourth quarter worth $67,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Lucid Group during the fourth quarter valued at $77,000. Eurizon Capital SGR S.p.A. acquired a new position in Lucid Group during the fourth quarter valued at $86,000. Finally, HITE Hedge Asset Management LLC acquired a new position in Lucid Group during the third quarter valued at $212,000. Institutional investors and hedge funds own 75.17% of the company’s stock.

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.