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

Key Points

• Lucid has a consensus “Reduce” rating from 12 brokerages: four recommend selling, seven advise holding and one recommends buying. The average 12-month price target is $9.56, above the stock’s cited $6.22 price.
• Analysts remain concerned about Lucid’s execution and finances after second-quarter results showed higher revenue but a significantly larger net loss, heavy cash consumption, excess inventory and inconsistent quality.
• Potential catalysts include the Gravity GT-S launch, new leadership, a robotaxi partnership and additional capital, but risks include a delayed Cosmos SUV, possible dilution from share-resale registrations and continued uncertainty over demand and scaling.

Lucid Group, Inc. (NASDAQ:LCID - Get Free Report) has been given a consensus rating of "Reduce" by the twelve brokerages that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $9.5556.

LCID has been the topic of several research reports. Citigroup restated 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. Benchmark downgraded shares of Lucid Group from a "buy" rating to a "hold" rating in a research report on Wednesday, May 6th. William Blair lowered shares of Lucid Group to a "market perform" rating in a report on Monday, August 3rd. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $7.00 price target (down from $8.00) on shares of Lucid Group in a research report on Monday, July 13th. Finally, Zacks Research downgraded Lucid Group from a "hold" rating to a "strong sell" rating in a research note on Monday, July 20th.

Lucid Group News Summary

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

• Positive Sentiment: Lucid introduced the Gravity GT-S, a higher-performance version of its electric SUV featuring greater power, sportier dynamics and luxury-focused design. The launch expands Lucid’s product lineup and could support demand and brand positioning, although its near-term financial impact is uncertain. Introducing Lucid Gravity GT-S
• Positive Sentiment: Investors remain encouraged by catalysts including new CEO Silvio Napoli, a major robotaxi partnership and additional capital. These developments have helped drive a substantial rebound and could improve Lucid’s growth prospects if management delivers on its plans. Prediction: Will Lucid Stock Double This Year?
• Positive Sentiment: One valuation analysis argues LCID could be approximately 22% undervalued after second-quarter results, citing higher sales and the possibility that Lucid’s operational reset creates longer-term upside. Lucid Group Could Be 22% Undervalued
• Neutral Sentiment: Analysts are divided on whether Lucid can double this year. The stock’s rally has improved sentiment, but its ability to sustain that move depends on execution, funding and evidence of stronger vehicle demand. Lucid Stock Double Prediction
• Negative Sentiment: Lucid reportedly delayed its Cosmos SUV launch. The decision may conserve cash and reduce execution risk, but it also postpones a potentially important growth vehicle while liquidity is tightening. Lucid Delays Cosmos SUV
• Negative Sentiment: Wall Street’s 12-month outlook remains predominantly bearish, reflecting Lucid’s sharp volatility, continuing losses and uncertainty about the company’s ability to scale. Wall Street Sets Lucid Stock Price Target
• Negative Sentiment: Lucid registered substantial preferred and common shares for potential resale. The filing does not necessarily mean immediate selling, but the additional share supply creates dilution and overhang risk. Lucid Files Resale Prospectus Supplement
• Negative Sentiment: Second-quarter results showed higher revenue but a much larger net loss. Management also acknowledged heavy cash consumption, excess inventory, inconsistent quality and a history of missed commitments, intensifying concerns about execution and financing needs. Top Analyst Questions From Lucid’s Q2 Earnings Call

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Uber Technologies Inc bought a new stake in Lucid Group during the third quarter worth $326,283,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Lucid Group by 39.2% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,309,476 shares of the company's stock worth $25,973,000 after acquiring an additional 3,465,542 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Lucid Group by 6.2% during the 4th quarter. Vanguard Group Inc. now owns 12,061,286 shares of the company's stock worth $127,488,000 after acquiring an additional 701,826 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Lucid Group by 112.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,440,620 shares of the company's stock worth $13,166,000 after acquiring an additional 2,874,603 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of Lucid Group by 93.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 4,485,715 shares of the company's stock worth $9,465,000 after acquiring an additional 2,167,882 shares in the last quarter. Institutional investors own 75.17% of the company's stock.

Lucid Group Stock Performance

NASDAQ LCID opened at $6.22 on Friday. The company has a fifty day simple moving average of $6.20 and a 200 day simple moving average of $7.74. Lucid Group has a 12-month low of $2.37 and a 12-month high of $25.23. The company has a current ratio of 1.14, a quick ratio of 0.57 and a debt-to-equity ratio of 3.00. The company has a market cap of $2.45 billion, a P/E ratio of -0.45 and a beta of 0.83.

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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