Shares of Lucid Group, Inc. (NASDAQ:LCID – Get Free Report) have received a consensus rating of “Reduce” from the eleven research firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $9.6667.
Several analysts have weighed in on the stock. TD Cowen lowered their price target on shares of Lucid Group from $10.00 to $7.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Royal Bank Of Canada reduced their price objective 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. Morgan Stanley set a $5.00 price objective on Lucid Group in a report on Wednesday, May 6th. Evercore set a $6.00 target price on Lucid Group in a research note on Monday, May 11th. Finally, Benchmark cut Lucid Group from a “buy” rating to a “hold” rating in a report on Wednesday, May 6th.
Check Out Our Latest Analysis on Lucid Group
Lucid Group Stock Down 0.9%
Lucid Group (NASDAQ:LCID – Get Free Report) last announced 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 return on equity of 304.01% and a negative net margin of 248.09%.The business had revenue of $282.46 million during the quarter, compared to the consensus estimate of $358.46 million. During the same quarter in the previous year, the firm posted ($0.20) earnings per share. The company’s revenue was up 20.2% compared to the same quarter last year. On average, analysts forecast that Lucid Group will post -10.75 earnings per share for the current fiscal year.
Lucid Group News Roundup
Here are the key news stories impacting Lucid Group this week:
- Positive Sentiment: Lucid remains part of Uber’s multi-year robotaxi rollout plan, with a reported program targeting a 35,000-vehicle fleet using Lucid vehicles and Nuro Driver technology. That keeps Lucid in the conversation as a potential autonomy hardware partner. Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
- Neutral Sentiment: Multiple law firms issued reminders about the July 28 lead-plaintiff deadline in an existing securities class action tied to Lucid shares purchased between February 25, 2026 and April 13, 2026. This keeps the lawsuit in the spotlight, but the immediate market impact is more about uncertainty than a new development. LCID DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Lucid Group, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – LCID
- Neutral Sentiment: Another class-action notice from Bernstein Liebhard repeats the same July 28 deadline, reinforcing the legal backdrop but not adding new case details. LUCID GROUP, INC. INVESTORS WITH LOSSES HAVE UNTIL JULY 28, 2026 TO JOIN SECURITIES CLASS ACTION – Bernstein Liebhard LLP Announces Deadline
- Negative Sentiment: Coverage from The Motley Fool and other commentary pieces highlight rising concerns about Lucid’s business outlook, with one article questioning whether the company is “speeding toward bankruptcy.” That kind of narrative can pressure sentiment on a name already viewed as high risk. A Big Red Flag for Lucid — Is it Speeding Toward Bankruptcy?
- Negative Sentiment: The securities fraud lawsuit filings and repeated attorney solicitations suggest investors are still focused on alleged disclosure issues tied to a 29-day delivery halt, which could weigh on confidence until the legal process plays out. Lost Money on Lucid Group, Inc. (LCID)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
Institutional Trading of Lucid Group
A number of institutional investors have recently made changes to their positions in LCID. Royal Bank of Canada increased its stake in shares of Lucid Group by 9.5% in the first quarter. Royal Bank of Canada now owns 110,716 shares of the company’s stock worth $267,000 after buying an additional 9,578 shares during the period. AQR Capital Management LLC boosted its position in Lucid Group by 89.9% during the 1st quarter. AQR Capital Management LLC now owns 537,801 shares of the company’s stock valued at $1,226,000 after buying an additional 254,551 shares during the period. NewEdge Advisors LLC grew its holdings in Lucid Group by 103.2% in the 1st quarter. NewEdge Advisors LLC now owns 37,987 shares of the company’s stock worth $92,000 after acquiring an additional 19,294 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Lucid Group by 112.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,440,620 shares of the company’s stock worth $13,166,000 after acquiring an additional 2,874,603 shares during the last quarter. Finally, Empowered Funds LLC increased its position in shares of Lucid Group by 11.3% in the first quarter. Empowered Funds LLC now owns 110,844 shares of the company’s stock valued at $268,000 after acquiring an additional 11,252 shares during the period. Hedge funds and other institutional investors 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.
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