Lucid Group Sees Unusually Large Options Volume (NASDAQ:LCID)

Posted by George Bondi on Oct 30th, 2026

Lucid Group, Inc. (NASDAQ:LCID – Get Free Report) was the target of some unusual options trading activity on Friday. Stock investors purchased 69,821 put options on the stock. This represents an increase of approximately 54% compared to the average daily volume of 45,385 put options.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. Morgan Stanley decreased their price target on Lucid Group from $5.00 to $3.00 and set an “underweight” rating on the stock in a research note on Thursday, October 15th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Lucid Group in a research note on Monday, September 21st. Royal Bank Of Canada dropped their price target on Lucid Group from $7.00 to $4.00 and set a “sector perform” rating on the stock in a research report on Monday, October 12th. Cantor Fitzgerald reissued a “neutral” rating on shares of Lucid Group in a report on Monday, October 12th. Finally, UBS Group reissued a “hold” rating on shares of Lucid Group in a research report on Tuesday, October 6th. One research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $8.67.

Read Our Latest Stock Analysis on Lucid Group

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in Lucid Group by 10.9% in the first quarter. Bank of America Corp DE now owns 1,919,073 shares of the company’s stock worth $18,289,000 after purchasing an additional 189,134 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Lucid Group during the second quarter valued at approximately $3,125,000. Lazard Asset Management LLC boosted its position in Lucid Group by 192.6% during the 1st quarter. Lazard Asset Management LLC now owns 304,737 shares of the company’s stock valued at $2,904,000 after acquiring an additional 200,604 shares in the last quarter. Calamos Advisors LLC lifted its holdings in shares of Lucid Group by 50.0% during the 1st quarter. Calamos Advisors LLC now owns 225,000 shares of the company’s stock valued at $2,144,000 after purchasing an additional 75,000 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new position in shares of Lucid Group in the second quarter worth about $1,368,000. Hedge funds and other institutional investors own 75.17% of the company’s stock.

Lucid Group Stock Down 5.6%

Lucid Group stock traded down $0.18 during mid-day trading on Friday, hitting $3.02. 14,307,992 shares of the company’s stock were exchanged, compared to its average volume of 13,230,290. The company’s 50 day simple moving average is $4.11 and its 200-day simple moving average is $6.95. The firm has a market capitalization of $1.19 billion, a P/E ratio of -0.22 and a beta of 1.00. Lucid Group has a fifty-two week low of $2.37 and a fifty-two week high of $18.10.

Lucid Group (NASDAQ:LCID – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported ($2.78) EPS 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 business had revenue of $405.35 million during the quarter, compared to analyst estimates of $381.59 million. During the same quarter last year, the company posted ($0.24) earnings per share. The company’s revenue was up 56.2% on a year-over-year basis. Research analysts expect 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 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.