Lucid Group (NASDAQ:LCID) Shares Gap Down – Here’s What Happened

Posted by Geri Gentry on Jul 20th, 2026

Lucid Group, Inc. (NASDAQ:LCID – Get Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $7.36, but opened at $7.07. Lucid Group shares last traded at $7.5660, with a volume of 4,579,747 shares trading hands.

Wall Street Analyst Weigh In

A number of analysts have weighed in on LCID shares. Robert W. Baird set a $6.00 price target on Lucid Group in a research note on Wednesday, May 6th. Evercore set a $6.00 price objective on Lucid Group in a research report on Monday, May 11th. TD Cowen dropped their price objective on 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 reissued a “sell (e+)” rating on shares of Lucid Group in a research report on Wednesday, June 24th. Finally, Morgan Stanley set a $5.00 target price on Lucid Group in a research note on Wednesday, May 6th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $9.56.

View Our Latest Report on Lucid Group

Lucid Group Stock Performance

The company has a market cap of $2.82 billion, a PE ratio of -0.55 and a beta of 0.83. The stock has a 50 day simple moving average of $5.79 and a two-hundred day simple moving average of $8.26. The company has a debt-to-equity ratio of 3.00, a current ratio of 1.02 and a quick ratio of 0.48.

Institutional Trading of Lucid Group

A number of large investors have recently bought and sold shares of the business. Jain Global LLC lifted its position in shares of Lucid Group by 13.3% during the fourth quarter. Jain Global LLC now owns 10,220 shares of the company’s stock worth $108,000 after purchasing an additional 1,200 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Lucid Group by 3.7% during the 4th quarter. The Manufacturers Life Insurance Company now owns 37,146 shares of the company’s stock valued at $393,000 after purchasing an additional 1,336 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in Lucid Group by 11.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 13,590 shares of the company’s stock worth $144,000 after buying an additional 1,430 shares during the period. SBI Securities Co. Ltd. increased its stake in Lucid Group by 9.6% during 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 period. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Lucid Group by 16.0% during 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 period. Institutional investors and hedge funds own 75.17% of the company’s stock.

About Lucid Group

(Get Free Report)

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.