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

Lucid Group, Inc. (NASDAQ:LCID) has received a consensus recommendation of “Reduce” from the eleven brokerages that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $9.5556.

Several brokerages have issued reports on LCID. Benchmark downgraded shares of Lucid Group from a “buy” rating to a “hold” rating in a research note on Wednesday, May 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lucid Group in a research note on Wednesday, June 24th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $14.00 price target on shares of Lucid Group in a report on Monday, May 4th. TD Cowen decreased their price target on Lucid Group from $10.00 to $7.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Finally, Morgan Stanley set a $5.00 price objective on Lucid Group in a report on Wednesday, May 6th.

Institutional Trading of Lucid Group

Several institutional investors and hedge funds have recently made changes to their positions in LCID. Jain Global LLC increased its holdings in shares of Lucid Group by 13.3% during the 4th quarter. Jain Global LLC now owns 10,220 shares of the company’s stock valued at $108,000 after purchasing an additional 1,200 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Lucid Group by 3.7% during 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 during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Lucid Group by 11.8% in the 4th 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 in the last quarter. SBI Securities Co. Ltd. boosted its holdings in Lucid Group by 9.6% in the 4th quarter. SBI Securities Co. Ltd. now owns 17,970 shares of the company’s stock worth $190,000 after buying an additional 1,569 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Lucid Group by 16.0% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 11,645 shares of the company’s stock worth $123,000 after buying an additional 1,604 shares during the last quarter. 75.17% of the stock is currently owned by institutional investors.

Lucid Group Stock Performance

Shares of NASDAQ:LCID opened at $7.32 on Wednesday. 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 12 month low of $2.37 and a 12 month high of $33.10. The company has a market capitalization of $2.86 billion, a price-to-earnings ratio of -0.55 and a beta of 0.83. The firm’s 50-day moving average is $5.84 and its 200 day moving average is $8.21.

Key Headlines Impacting Lucid Group

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

• Negative Sentiment: Pomerantz LLP announced a class action against Lucid Group and certain officers, adding legal uncertainty and potential costs for the company. Pomerantz Law Firm Announces the Filing of a Class Action Against Lucid Group, Inc. and Certain Officers – LCID
• Negative Sentiment: Several firms, including Rosen, Kaplan Fox, Faruqi & Faruqi, Levi & Korsinsky, Schall, and Glancy Prongay, are urging investors to join or lead the lawsuit, keeping the litigation story in the spotlight and reinforcing downside sentiment. LCID Investors Have Opportunity to Lead Lucid Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm
• Negative Sentiment: Yahoo Finance highlighted reasons to avoid LCID, citing a steep decline this year and softer quarterly results, which may reinforce investor caution. 3 Reasons to Avoid LCID and 1 Stock to Buy Instead
• Neutral Sentiment: Other recent articles were largely deadline reminders about the same class action, with little new business information beyond the legal process. LUCID UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Lucid Group (LCID) Investors of Securities Class Action Lawsuit Deadline on July 28, 2026

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.