Lucid Group, Inc. (NASDAQ:LCID) Receives $9.56 Average Price Target from Brokerages

Lucid Group, Inc. (NASDAQ:LCID) has been assigned an average recommendation of “Reduce” from the eleven research firms that are currently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $9.5556.

A number of analysts recently weighed in on LCID shares. TD Cowen decreased their price target on shares of Lucid Group from $10.00 to $7.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Royal Bank Of Canada restated a “sector perform” rating and issued a $7.00 price target (down from $8.00) on shares of Lucid Group in a research note on Monday, July 13th. Citigroup reissued a “buy” rating and set a $14.00 price objective (down from $17.00) on shares of Lucid Group in a report on Friday, May 15th. Cantor Fitzgerald reiterated a “neutral” rating and set a $14.00 target price on shares of Lucid Group in a research report on Monday, May 4th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Lucid Group in a research report on Wednesday, June 24th.

Lucid Group Price Performance

Lucid Group stock opened at $6.30 on Wednesday. The company has a market capitalization of $2.46 billion, a P/E ratio of -0.48 and a beta of 0.83. Lucid Group has a fifty-two week low of $2.37 and a fifty-two week high of $30.10. The stock has a 50-day simple moving average of $5.86 and a 200-day simple moving average of $8.11. The company has a debt-to-equity ratio of 3.00, a quick ratio of 0.48 and a current ratio of 1.02.

Institutional Trading of Lucid Group

Hedge funds have recently bought and sold shares of the company. Handelsbanken Fonder AB grew its stake in Lucid Group by 81.9% in the 2nd quarter. Handelsbanken Fonder AB now owns 73,729 shares of the company’s stock worth $493,000 after acquiring an additional 33,200 shares during the period. CX Institutional lifted its stake in shares of Lucid Group by 69.6% during the 2nd quarter. CX Institutional now owns 13,207 shares of the company’s stock worth $88,000 after purchasing an additional 5,422 shares during the period. Verus Capital Partners LLC acquired a new stake in shares of Lucid Group during the first quarter worth $108,000. Essential Partners LLC acquired a new stake in shares of Lucid Group during the first quarter worth $126,000. Finally, J. Derek Lewis & Associates Inc. grew its position in shares of Lucid Group by 32.8% in the first quarter. J. Derek Lewis & Associates Inc. now owns 19,820 shares of the company’s stock valued at $189,000 after purchasing an additional 4,896 shares during the period. Institutional investors and hedge funds own 75.17% of the company’s stock.

Lucid Group News Roundup

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

• Negative Sentiment: Several law firms issued fresh reminders about Lucid’s securities class action, keeping fraud allegations and litigation risk in focus for investors. Lucid Group, Inc. (LCID) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
• Negative Sentiment: Kaplan Fox said a class action has been filed against Lucid and highlighted the upcoming July 28 lead-plaintiff deadline, adding another legal catalyst that could pressure the stock. Kaplan Fox Alerts Investors of Lucid Group, Inc. (LCID) to a Pending Securities Class Action – Deadline is July 28, 2026
• Negative Sentiment: Pomerantz, Rosen, Berger Montague, Schall, Faruqi & Faruqi, and Bernstein Liebhard all circulated similar class-action notices, reinforcing the market’s concern about potential misconduct and legal costs. Pomerantz Law Firm Announces the Filing of a Class Action Against Lucid Group, Inc . and Certain Officers – LCID

About Lucid Group

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.