Lucid Group (NASDAQ:LCID) Trading Down 1.5% – Time to Sell?

Posted by Geri Gentry on Aug 13th, 2026

Shares of Lucid Group, Inc. (NASDAQ:LCID – Get Free Report) were down 1.5% during mid-day trading on Thursday . The stock traded as low as $6.23 and last traded at $6.44. Approximately 6,059,317 shares were traded during trading, a decline of 57% from the average session volume of 13,992,183 shares. The stock had previously closed at $6.54.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Evercore set a $6.00 price objective on shares of Lucid Group in a research note on Monday, May 11th. Robert W. Baird set a $6.00 target price on shares of Lucid Group in a research note on Wednesday, May 6th. Weiss Ratings restated a “sell (e+)” rating on shares of Lucid Group in a research report on Wednesday, June 24th. Zacks Research lowered Lucid Group from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Finally, Morgan Stanley set a $5.00 price target on Lucid Group in a report on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $9.56.

View Our Latest Research Report on Lucid Group

Lucid Group Stock Down 1.5%

The company has a debt-to-equity ratio of 3.00, a quick ratio of 0.57 and a current ratio of 1.14. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of -0.47 and a beta of 0.83. The firm’s 50-day simple moving average is $6.17 and its two-hundred day simple moving average is $7.78.

Institutional Trading of Lucid Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Uber Technologies Inc acquired a new position in Lucid Group during the 3rd quarter worth $326,283,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Lucid Group by 39.2% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,309,476 shares of the company’s stock valued at $25,973,000 after buying an additional 3,465,542 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Lucid Group by 6.2% in the 4th quarter. Vanguard Group Inc. now owns 12,061,286 shares of the company’s stock valued at $127,488,000 after buying an additional 701,826 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Lucid Group by 112.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,440,620 shares of the company’s stock valued at $13,166,000 after buying an additional 2,874,603 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in shares of Lucid Group by 93.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 4,485,715 shares of the company’s stock valued at $9,465,000 after buying an additional 2,167,882 shares during the period. Institutional investors and hedge funds own 75.17% of the company’s stock.

Lucid Group Company Profile

(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.