Lucid Group, Inc. (NASDAQ:LCID – Get Free Report) has earned a consensus rating of “Reduce” from the eleven ratings firms that are presently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $9.6667.
LCID has been the subject of a number of recent research reports. Citigroup reiterated a “buy” rating and issued a $14.00 target price (down from $17.00) on shares of Lucid Group in a report on Friday, May 15th. Zacks Research upgraded Lucid Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. Weiss Ratings restated a “sell (e+)” rating on shares of Lucid Group in a research note on Friday, March 27th. Morgan Stanley set a $5.00 price target on Lucid Group in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada dropped their price target on Lucid Group from $10.00 to $8.00 and set a “sector perform” rating on the stock in a research note on Monday, April 13th.
View Our Latest Analysis on Lucid Group
Lucid Group Stock Performance
Lucid Group (NASDAQ:LCID – Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported ($2.82) EPS for the quarter, missing analysts’ consensus estimates of ($2.53) by ($0.29). The firm had revenue of $282.47 million during the quarter, compared to the consensus estimate of $358.46 million. Lucid Group had a negative return on equity of 304.01% and a negative net margin of 248.09%.The business’s revenue for the quarter was up 20.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.20) earnings per share. Research analysts expect that Lucid Group will post -10.75 EPS for the current fiscal year.
Institutional Investors Weigh In On Lucid Group
A number of large investors have recently bought and sold shares of the company. Jain Global LLC boosted its position 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 boosted its position in Lucid Group by 3.7% in the fourth quarter. The Manufacturers Life Insurance Company now owns 37,146 shares of the company’s stock valued at $393,000 after buying an additional 1,336 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in Lucid Group by 11.8% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,590 shares of the company’s stock valued at $144,000 after buying an additional 1,430 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in Lucid Group by 9.6% in the fourth quarter. SBI Securities Co. Ltd. now owns 17,970 shares of the company’s stock valued at $190,000 after buying an additional 1,569 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Lucid Group by 16.0% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 11,645 shares of the company’s stock valued at $123,000 after buying an additional 1,604 shares during the last quarter. 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 announced that Silvio Napoli has officially assumed the CEO role, completing its leadership transition. A permanent CEO can be viewed as a stabilizing move and may help restore investor confidence in the company’s execution. Article Title
- Neutral Sentiment: Several firms issued investor alerts and deadline reminders tied to an ongoing securities class action for shareholders who bought Lucid stock between February 25 and April 13, 2026. These notices keep the lawsuit in focus but mostly reiterate existing legal risks. Article Title
- Negative Sentiment: The class action alleges Lucid misled investors about supplier quality issues and delivery disruptions related to the Gravity, potentially pressuring sentiment because it suggests operational and financial weakness. Article Title
- Negative Sentiment: Coverage highlighting Lucid as one of several “cash-burning” stocks may reinforce concerns about ongoing losses and capital intensity, which can weigh on the shares. Article Title
- Neutral Sentiment: A comparison article on Lucid vs. Rivian discusses revenue trends in the EV sector, but it appears more informational than a direct company-specific catalyst. Article Title
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.
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