Lucid Group (NASDAQ:LCID) Trading 8.6% Higher – What’s Next?

Lucid Group, Inc. (NASDAQ:LCID) was up 8.6% on Thursday . The company traded as high as $6.87 and last traded at $6.46. 45,324,773 shares traded hands during trading, an increase of 226% from the average daily volume of 13,903,753 shares. The stock had previously closed at $5.95.

More Lucid Group News

Here are the key news stories impacting Lucid Group this week:

• Positive Sentiment: Lucid’s CEO pushed back hard on reports of bankruptcy or a take-private deal, easing some of the worst-case fears that had pressured the stock and triggering a strong rebound in trading. Lucid Stock, Down About 44% This Year, Skyrockets Over 28% After CEO Goes on the Offensive Against Bankruptcy Report
• Positive Sentiment: The stock has extended its recovery for multiple sessions, with traders viewing the denial and liquidity reassurance as a meaningful short-term catalyst after a steep selloff. Lucid Rallies 10% for a Third Straight Up Day, Leaving Tesla, Rivian Behind
• Neutral Sentiment: Multiple law firms have announced or reminded investors about a securities class action and a July 28 lead-plaintiff deadline, which adds headline risk but is not the main driver of the day’s trading move. LCID DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Lucid Group (LCID) Investors of Securities Class Action Lawsuit Deadline on July 28, 2026
• Neutral Sentiment: Additional class-action notices from Kaplan Fox, Rosen, Pomerantz, and others reinforce that Lucid remains under legal scrutiny over alleged investor harm during the Feb. 25-Apr. 13 class period. The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 28, 2026 in Lucid Group, Inc. Lawsuit – LCID

Wall Street Analysts Forecast Growth

LCID has been the subject of several recent research reports. Morgan Stanley set a $5.00 price target on Lucid Group in a research report on Wednesday, May 6th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $14.00 price objective on shares of Lucid Group in a research note on Monday, May 4th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lucid Group in a report on Wednesday, June 24th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $7.00 target price (down from $8.00) on shares of Lucid Group in a research note on Monday. Finally, Robert W. Baird set a $6.00 price target on shares of Lucid Group in a report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $9.56.

Lucid Group Stock Up 13.8%

The business has a 50-day moving average price of $5.79 and a 200-day moving average price of $8.28. The stock has a market cap of $2.87 billion, a PE ratio of -0.56 and a beta of 0.83. The company has a current ratio of 1.02, a quick ratio of 0.48 and a debt-to-equity ratio of 3.00.

Institutional Trading of Lucid Group

Several institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC lifted its stake in Lucid Group by 1,574.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,914 shares of the company’s stock valued at $28,000 after buying an additional 2,740 shares in the last quarter. Brown Advisory Inc. raised its holdings in shares of Lucid Group by 47.5% during the second quarter. Brown Advisory Inc. now owns 15,530 shares of the company’s stock valued at $33,000 after acquiring an additional 5,000 shares during the last quarter. Jump Financial LLC purchased a new stake in shares of Lucid Group during the second quarter worth approximately $41,000. Worldquant Millennium Advisors LLC purchased a new stake in shares of Lucid Group during the second quarter worth approximately $59,000. Finally, Leonteq Securities AG acquired a new position in Lucid Group in the 4th quarter valued at $67,000. Institutional investors and hedge funds own 75.17% of the company’s stock.

Lucid Group Company Profile

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.