Lucid Group, Inc. (NASDAQ:LCID) Receives Average Recommendation of “Reduce” from Analysts

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

A number of equities research analysts have recently weighed in on LCID shares. TD Cowen reduced their price objective on shares of Lucid Group from $10.00 to $7.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. Weiss Ratings restated a “sell (e+)” rating on shares of Lucid Group in a research report on Wednesday. Citigroup restated a “buy” rating and set a $14.00 price objective (down from $17.00) on shares of Lucid Group in a research report on Friday, May 15th. Cantor Fitzgerald restated a “neutral” rating and set a $14.00 price objective on shares of Lucid Group in a research report on Monday, May 4th. Finally, Evercore set a $6.00 price objective on shares of Lucid Group in a research report on Monday, May 11th.

Hedge Funds Weigh In On Lucid Group

Hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its position in shares of Lucid Group by 1,574.7% during the first quarter. EverSource Wealth Advisors LLC now owns 2,914 shares of the company’s stock worth $28,000 after acquiring an additional 2,740 shares during the last quarter. Brown Advisory Inc. grew its position in Lucid Group by 47.5% during the 2nd quarter. Brown Advisory Inc. now owns 15,530 shares of the company’s stock worth $33,000 after purchasing an additional 5,000 shares during the last quarter. Jump Financial LLC purchased a new position in Lucid Group during the 2nd quarter worth $41,000. Worldquant Millennium Advisors LLC purchased a new position in Lucid Group during the 2nd quarter worth $59,000. Finally, Leonteq Securities AG purchased a new position in Lucid Group during the 4th quarter worth $67,000. 75.17% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Lucid Group

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

• Positive Sentiment: Traders are buying LCID on renewed interest in its longer-term autonomy plans, including a 2027 robotaxi rollout, which is helping sentiment around the stock. Article: Lucid Stock Is Climbing Friday: What’s Driving The Action?
• Neutral Sentiment: Lucid disclosed a workforce reduction of about 18% of its U.S. staff as part of a cost-saving effort expected to reduce annual expenses by about $158 million, which may improve cash efficiency but also signals ongoing operational pressure. Article: What’s Behind Lucid’s Workforce Reduction and Leadership Shakeup?
• Neutral Sentiment: Analyst-style commentary continues to frame Lucid as a high-risk name, with recent coverage pointing to a weak balance-sheet profile and a challenging risk/reward setup. Article: Trading Near an All-Time Low of $5: 1 Crucial Balance Sheet Metric That Explains Why Lucid Is a Dangerous Capital-Destruction Trap
• Negative Sentiment: Multiple law firms are urging LCID investors who bought shares between February 25, 2026 and April 13, 2026 to join or lead securities-fraud class actions, with key deadlines around July 28, 2026. Article: LCID Deadline: LCID Investors Have Opportunity to Lead Lucid Group, Inc. Securities Fraud Lawsuit
• Negative Sentiment: Additional class-action notices from The Gross Law Firm, Schall Law Firm, Berger Montague, Pomerantz, and others are keeping legal overhang front and center for Lucid investors. Article: LCID Deadline Alert: The Gross Law Firm Reminds Lucid Group, Inc. (LCID) Investors of Securities Class Action Deadline on July 28, 2026

Lucid Group Price Performance

Shares of LCID opened at $5.92 on Friday. Lucid Group has a 1-year low of $4.47 and a 1-year high of $33.70. The company has a debt-to-equity ratio of 3.00, a current ratio of 1.02 and a quick ratio of 0.48. The firm has a 50-day simple moving average of $5.90 and a two-hundred day simple moving average of $8.90. The stock has a market cap of $2.31 billion, a PE ratio of -0.45 and a beta of 0.89.

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

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.