Lucid Group, Inc. (NASDAQ:LCID) Receives Consensus Rating of "Reduce" from Brokerages

Key Points

• Broker sentiment on Lucid is weak: The stock has a consensus rating of "Reduce" from 11 analysts, with three sells, seven holds, and one buy. The average 1-year price target is about $9.67.
• Recent earnings fell short of expectations: Lucid reported EPS of -$2.82, missing estimates, and revenue of $282.47 million versus the expected $358.46 million. Analysts now expect the company to post -10.75 EPS for the full year.
• New CEO and legal risks are in focus: Silvio Napoli has officially taken over as CEO, which could help stabilize leadership. At the same time, investor alerts around a securities class action alleging misleading disclosures on supplier and delivery issues are weighing on sentiment.

Lucid Group, Inc. (NASDAQ:LCID - Get Free Report) has been given a consensus rating of "Reduce" by the eleven research firms that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $9.6667.

Several analysts recently weighed in on the company. Royal Bank Of Canada decreased their price objective on Lucid Group from $10.00 to $8.00 and set a "sector perform" rating for the company in a report on Monday, April 13th. Zacks Research upgraded Lucid Group from a "strong sell" rating to a "hold" rating in a report on Thursday, March 5th. Bank of America assumed coverage on Lucid Group in a report on Wednesday, March 4th. They issued an "underperform" rating and a $10.00 price objective for the company. Robert W. Baird set a $6.00 price objective on Lucid Group in a report on Wednesday, May 6th. Finally, Weiss Ratings restated a "sell (e+)" rating on shares of Lucid Group in a report on Friday, March 27th.

Lucid Group Stock Up 1.5%

NASDAQ:LCID opened at $6.65 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 0.48 and a debt-to-equity ratio of 3.00. The stock has a fifty day simple moving average of $7.47 and a 200-day simple moving average of $9.95. The company has a market cap of $2.60 billion, a price-to-earnings ratio of -0.50 and a beta of 0.89. Lucid Group has a twelve month low of $5.55 and a twelve month high of $33.70.

Lucid Group (NASDAQ:LCID - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported ($2.82) earnings per share for the quarter, missing the consensus estimate of ($2.53) by ($0.29). The firm had revenue of $282.47 million during the quarter, compared to the consensus estimate of $358.46 million. Lucid Group had a negative net margin of 248.09% and a negative return on equity of 304.01%. The business's revenue was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.20) earnings per share. Analysts anticipate that Lucid Group will post -10.75 EPS for the current year.

Lucid Group News Summary

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

• Positive Sentiment: Lucid announced that Silvio Napoli has officially assumed the CEO role, completing its leadership transition. A permanent CEO can be viewed as a stabilizing move and may help restore investor confidence in the company’s execution. Article Title
• Neutral Sentiment: Several firms issued investor alerts and deadline reminders tied to an ongoing securities class action for shareholders who bought Lucid stock between February 25 and April 13, 2026. These notices keep the lawsuit in focus but mostly reiterate existing legal risks. Article Title
• Negative Sentiment: The class action alleges Lucid misled investors about supplier quality issues and delivery disruptions related to the Gravity, potentially pressuring sentiment because it suggests operational and financial weakness. Article Title
• Negative Sentiment: Coverage highlighting Lucid as one of several “cash-burning” stocks may reinforce concerns about ongoing losses and capital intensity, which can weigh on the shares. Article Title
• Neutral Sentiment: A comparison article on Lucid vs. Rivian discusses revenue trends in the EV sector, but it appears more informational than a direct company-specific catalyst. Article Title

Institutional Trading of Lucid Group

Several institutional investors and hedge funds have recently made changes to their positions in the company. Verus Capital Partners LLC bought a new position in Lucid Group in the first quarter worth about $108,000. Essential Partners LLC bought a new position in Lucid Group in the first quarter worth about $126,000. J. Derek Lewis & Associates Inc. raised its holdings in Lucid Group by 32.8% in the first quarter. J. Derek Lewis & Associates Inc. now owns 19,820 shares of the company's stock worth $189,000 after purchasing an additional 4,896 shares in the last quarter. Bank of America Corp DE raised 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 in the last quarter. Finally, Edgestream Partners L.P. bought a new position in Lucid Group in the first quarter worth about $976,000. 75.17% of the stock is currently owned by institutional investors.

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.

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