Lucid Group, Inc. (NASDAQ:LCID) Given Average Rating of "Reduce" by Analysts

Key Points

• Analyst consensus: Ten brokerages give Lucid an average rating of "Reduce" (3 sell, 5 hold, 2 buy) with a mean 12‑month price target of about $13.14.
• Management unveiled a midsize EV platform targeting models under $50,000 and secured its first European dealer partnership in Germany, moves that could drive higher volumes if execution and margins hold.
• Institutional investors own about 75.17% of the stock with large stakes from firms like Tudor and Uber, but Lucid faces material risks—high cash burn, heavy leverage (debt/equity ~3.0) and very low production volumes—while shares trade near $9.95 (market cap ~$3.26B).

Lucid Group, Inc. (NASDAQ:LCID - Get Free Report) has earned an average rating of "Reduce" from the ten brokerages that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $13.1429.

LCID has been the topic of several research reports. Robert W. Baird set a $14.00 price objective on shares of Lucid Group in a research note on Tuesday, January 6th. Benchmark restated a "buy" rating on shares of Lucid Group in a research note on Thursday, February 19th. Cantor Fitzgerald cut their target price on Lucid Group from $21.00 to $14.00 and set a "neutral" rating for the company in a research report on Wednesday, February 25th. Bank of America initiated coverage on shares of Lucid Group in a report on Wednesday, March 4th. They issued an "underperform" rating and a $10.00 price target for the company. Finally, Weiss Ratings reiterated a "sell (e+)" rating on shares of Lucid Group in a research report on Monday, December 29th.

Hedge Funds Weigh In On Lucid Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tudor Investment Corp ET AL acquired a new position in shares of Lucid Group in the third quarter worth $1,361,978,000. Geode Capital Management LLC boosted its position in Lucid Group by 7.4% during the second quarter. Geode Capital Management LLC now owns 22,642,839 shares of the company's stock valued at $47,784,000 after purchasing an additional 1,554,419 shares during the last quarter. Uber Technologies Inc acquired a new stake in Lucid Group during the third quarter valued at $326,283,000. Marshall Wace LLP grew its stake in Lucid Group by 2,398.5% in the second quarter. Marshall Wace LLP now owns 12,652,537 shares of the company's stock valued at $26,697,000 after purchasing an additional 12,146,136 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Lucid Group by 39.2% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,309,476 shares of the company's stock valued at $25,973,000 after purchasing an additional 3,465,542 shares in the last quarter. 75.17% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Lucid Group

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

• Positive Sentiment: Citigroup started coverage with a "Buy" and a $17 price target, signaling institutional support and suggesting significant upside from current levels. Benzinga Coverage Note
• Positive Sentiment: Stifel reiterated a $17 12-month price target after Lucid's March investor day, showing at least some sell-side confidence that the company’s strategy could translate into higher long-term value. Wall Street Price Target Update
• Positive Sentiment: Management outlined a new midsize EV platform intended to underpin three models (Cosmos, Earth and Lunar robotaxi concept) with a target starting price under $50,000 — a potential route to higher-volume, more affordable EVs if execution meets targets. Benzinga Product/Strategy Note
• Positive Sentiment: Lucid announced a first European dealer partnership in Germany (Wackenhut) to launch sales and service — a tangible step toward international expansion and improving distribution/service footprint. PR Newswire Dealer Partnership
• Neutral Sentiment: Lucid leadership spoke at Bank of America's Global Automotive Summit, increasing visibility with institutional investors but with no new financial guidance announced. PR Newswire Summit Participation
• Neutral Sentiment: Coverage and commentaries note "mixed signals" from Lucid: credible tech and product roadmaps but uncertain near-term production and margins. These narratives are keeping investor attention but not resolving execution questions. Kalkine Media Analysis
• Negative Sentiment: Short-term share weakness: coverage noted LCID fell more than the market today, reflecting investor caution after recent announcements and ongoing volatility. Zacks Market Move
• Negative Sentiment: Major concerns persist around rising operating costs, high cash burn, heavy debt (high D/E) and very low production volumes — these factors could pressure near-term profitability and require additional capital. Zacks Investor Day Caveats
• Neutral Sentiment: Some articles referencing "Lucid Group" coverage (e.g., board appointment of a former Pfizer R&D leader) relate to a different company in healthcare services and are not about Lucid Motors (LCID); these are likely noise for LCID investors. Yahoo — Different Lucid Group

Lucid Group Stock Performance

LCID stock opened at $9.95 on Thursday. The firm has a market cap of $3.26 billion, a P/E ratio of -0.82 and a beta of 1.12. Lucid Group has a 12-month low of $9.12 and a 12-month high of $33.70. The stock's 50 day simple moving average is $10.38 and its 200 day simple moving average is $14.54. The company has a current ratio of 1.25, a quick ratio of 0.83 and a debt-to-equity ratio of 3.00.

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.

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