Lucid Group, Inc. (NASDAQ:LCID) Stock Rated “Reduce” by Sell-Side Analysts

Posted by Geri Gentry on Oct 10th, 2026

Lucid Group, Inc. (NASDAQ:LCID – Get Free Report) has earned a consensus rating of “Reduce” from the thirteen brokerages that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $9.22.

Several equities research analysts have issued reports on LCID shares. Cantor Fitzgerald reissued a “neutral” rating on shares of Lucid Group in a report on Monday, September 21st. UBS Group reissued a “hold” rating on shares of Lucid Group in a research note on Tuesday. Weiss Ratings reissued a “sell (e+)” rating on shares of Lucid Group in a research report on Monday, September 21st. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $7.00 price objective (down from $8.00) on shares of Lucid Group in a report on Monday, July 13th. Finally, Citigroup cut their target price on Lucid Group from $14.00 to $11.00 and set a “buy” rating for the company in a research report on Wednesday, August 19th.

Read Our Latest Analysis on Lucid Group

Institutional Investors Weigh In On Lucid Group

A number of hedge funds have recently made changes to their positions in the company. HBK Investments L P grew its stake in Lucid Group by 217.9% during the second quarter. HBK Investments L P now owns 33,070 shares of the company’s stock worth $221,000 after buying an additional 22,667 shares during the last quarter. Tidal Investments LLC raised its stake in shares of Lucid Group by 34.6% in the second quarter. Tidal Investments LLC now owns 32,446 shares of the company’s stock valued at $217,000 after acquiring an additional 8,347 shares during the last quarter. Engineers Gate Manager LP acquired a new position in shares of Lucid Group in the 2nd quarter worth approximately $694,000. Integrated Wealth Concepts LLC acquired a new position in shares of Lucid Group in the 2nd quarter worth approximately $129,000. Finally, IFP Advisors Inc grew its position in Lucid Group by 1,231.3% during the 2nd quarter. IFP Advisors Inc now owns 3,781 shares of the company’s stock worth $25,000 after acquiring an additional 3,497 shares during the last quarter. Institutional investors and hedge funds own 75.17% of the company’s stock.

Lucid Group Stock Performance

NASDAQ:LCID opened at $3.79 on Monday. The firm’s 50-day moving average is $5.01 and its 200-day moving average is $6.14. Lucid Group has a 52-week low of $2.37 and a 52-week high of $22.42. The company has a market cap of $1.49 billion, a price-to-earnings ratio of -0.28 and a beta of 1.00.

Lucid Group (NASDAQ:LCID – Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported ($2.78) earnings per share for the quarter, missing the consensus estimate of ($2.36) by ($0.42). Lucid Group had a negative net margin of 249.21% and a negative return on equity of 1,391.51%. The company had revenue of $405.35 million during the quarter, compared to the consensus estimate of $381.59 million. During the same quarter in the previous year, the business posted ($0.24) EPS. The firm’s quarterly revenue was up 56.2% on a year-over-year basis. Equities analysts predict that Lucid Group will post -12.15 EPS for the current year.

Lucid Group Company Profile

(Get Free Report)

Lucid Group, Inc is an electric vehicle company headquartered in Newark, California. Through its Lucid Motors subsidiary, the company designs, engineers and manufactures luxury electric vehicles, with a focus on long range, performance, efficiency and advanced in-vehicle technology.

Lucid’s product lineup includes the Lucid Air, a premium electric sedan, and the Lucid Gravity, an electric SUV. The company also develops electric powertrain systems, battery technology and related vehicle software.