Lucid Group (NASDAQ:LCID) Stock Rating Lowered by Zacks Research

Lucid Group (NASDAQ:LCID) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Monday,Zacks.com reports.

A number of other equities analysts have also commented on LCID. Benchmark lowered shares of Lucid Group from a “buy” rating to a “hold” rating in a research report on Wednesday, May 6th. Robert W. Baird set a $6.00 price target on shares of Lucid Group in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lucid Group in a report on Wednesday, June 24th. Citigroup reiterated a “buy” rating and issued a $14.00 price objective (down from $17.00) on shares of Lucid Group in a research report on Friday, May 15th. Finally, Royal Bank Of Canada restated 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, July 13th. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $9.56.

Lucid Group Stock Performance

Shares of LCID opened at $7.32 on Monday. Lucid Group has a 52-week low of $2.37 and a 52-week high of $33.10. The stock’s 50-day simple moving average is $5.84 and its 200 day simple moving average is $8.21. The company has a debt-to-equity ratio of 3.00, a quick ratio of 0.48 and a current ratio of 1.02. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of -0.55 and a beta of 0.83.

Institutional Trading of Lucid Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Uber Technologies Inc bought a new stake in shares of Lucid Group during the 3rd quarter worth $326,283,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased 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 acquiring an additional 3,465,542 shares during the last quarter. Vanguard Group Inc. raised its position in Lucid Group by 6.2% during the fourth quarter. Vanguard Group Inc. now owns 12,061,286 shares of the company’s stock valued at $127,488,000 after purchasing an additional 701,826 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Lucid Group by 112.0% during the first quarter. Goldman Sachs Group Inc. now owns 5,440,620 shares of the company’s stock valued at $13,166,000 after purchasing an additional 2,874,603 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in Lucid Group by 93.5% during the second quarter. BNP Paribas Financial Markets now owns 4,485,715 shares of the company’s stock worth $9,465,000 after purchasing an additional 2,167,882 shares during the last quarter. Hedge funds and other institutional investors own 75.17% of the company’s stock.

Trending Headlines about Lucid Group

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

• Negative Sentiment: Pomerantz LLP announced a class action against Lucid Group and certain officers, adding legal uncertainty and potential costs for the company. Pomerantz Law Firm Announces the Filing of a Class Action Against Lucid Group, Inc. and Certain Officers – LCID
• Negative Sentiment: Several firms, including Rosen, Kaplan Fox, Faruqi & Faruqi, Levi & Korsinsky, Schall, and Glancy Prongay, are urging investors to join or lead the lawsuit, keeping the litigation story in the spotlight and reinforcing downside sentiment. LCID Investors Have Opportunity to Lead Lucid Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm
• Negative Sentiment: Yahoo Finance highlighted reasons to avoid LCID, citing a steep decline this year and softer quarterly results, which may reinforce investor caution. 3 Reasons to Avoid LCID and 1 Stock to Buy Instead
• Neutral Sentiment: Other recent articles were largely deadline reminders about the same class action, with little new business information beyond the legal process. LUCID UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Lucid Group (LCID) Investors of Securities Class Action Lawsuit Deadline on July 28, 2026

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.