Lucid Group (NASDAQ:LCID) Shares Up 1.7% – Time to Buy?

Posted by Francis Steltz on Oct 25th, 2026

Lucid Group, Inc. (NASDAQ:LCID – Get Free Report)’s share price rose 1.7% on Friday. The company traded as high as $3.61 and last traded at $3.52. Approximately 7,740,154 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 13,306,154 shares. The stock had previously closed at $3.46.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on LCID. Citigroup decreased their price target on Lucid Group from $14.00 to $11.00 and set a “buy” rating for the company in a report on Wednesday, August 19th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Lucid Group in a report on Monday, October 12th. Morgan Stanley cut their target price on Lucid Group from $5.00 to $3.00 and set an “underweight” rating on the stock in a research report on Thursday, October 15th. Royal Bank Of Canada decreased their target price on Lucid Group from $7.00 to $4.00 and set a “sector perform” rating for the company in a research note on Monday, October 12th. Finally, UBS Group reaffirmed a “hold” rating on shares of Lucid Group in a report on Tuesday, October 6th. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $8.67.

Get Our Latest Research Report on Lucid Group

Lucid Group Stock Performance

The company has a market capitalization of $1.39 billion, a PE ratio of -0.26 and a beta of 1.00. The company’s 50-day simple moving average is $4.30 and its 200-day simple moving average is $5.68.

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

Institutional Trading of Lucid Group

A number of institutional investors have recently added to or reduced their stakes in the stock. Apollon Wealth Management LLC lifted its stake in shares of Lucid Group by 60.4% in the third quarter. Apollon Wealth Management LLC now owns 27,478 shares of the company’s stock worth $112,000 after acquiring an additional 10,342 shares in the last quarter. Vontobel Holding Ltd. boosted its holdings in Lucid Group by 445.8% in the third quarter. Vontobel Holding Ltd. now owns 96,674 shares of the company’s stock valued at $393,000 after purchasing an additional 124,630 shares during the last quarter. HBK Investments L P boosted its holdings in Lucid Group by 217.9% in the second quarter. HBK Investments L P now owns 33,070 shares of the company’s stock valued at $221,000 after purchasing an additional 22,667 shares during the last quarter. Tidal Investments LLC grew its stake in Lucid Group by 34.6% during the 2nd quarter. Tidal Investments LLC now owns 32,446 shares of the company’s stock valued at $217,000 after purchasing an additional 8,347 shares in the last quarter. Finally, Engineers Gate Manager LP acquired a new stake in Lucid Group during the 2nd quarter valued at approximately $694,000. Hedge funds and other institutional investors own 75.17% of the company’s stock.

Lucid Group Company Profile

(Get Free Report)

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

Lucid’s vehicle lineup includes the Lucid Air luxury electric sedan and the Lucid Gravity electric SUV. The company also develops electric powertrains, battery systems, software, and other technologies for its vehicles.