Traders Buy Large Volume of Call Options on Lucid Group (NASDAQ:LCID)

Lucid Group, Inc. (NASDAQ:LCID) was the target of unusually large options trading on Tuesday. Traders bought 73,420 call options on the stock. This represents an increase of approximately 47% compared to the typical daily volume of 49,946 call options.

Institutional Investors Weigh In On Lucid Group

Several institutional investors and hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its stake in Lucid Group by 1,574.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,914 shares of the company’s stock worth $28,000 after acquiring an additional 2,740 shares in the last quarter. Leonteq Securities AG acquired a new position in Lucid Group in the 4th quarter valued at about $67,000. Caitong International Asset Management Co. Ltd acquired a new position in Lucid Group in the 4th quarter valued at about $77,000. Eurizon Capital SGR S.p.A. purchased a new stake in Lucid Group during the fourth quarter worth about $86,000. Finally, HITE Hedge Asset Management LLC acquired a new stake in shares of Lucid Group during the third quarter worth about $212,000. Hedge funds and other institutional investors own 75.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on LCID. TD Cowen lowered their price target on shares of Lucid Group from $10.00 to $7.00 and set a “hold” rating on the stock in a research report on Wednesday, May 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lucid Group in a research note on Wednesday, June 24th. Zacks Research lowered shares of Lucid Group from a “hold” rating to a “strong sell” rating in a report on Monday, July 20th. Morgan Stanley set a $5.00 target price on shares of Lucid Group in a report on Wednesday, May 6th. Finally, Robert W. Baird set a $6.00 price target on shares of Lucid Group in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $9.56.

Lucid Group Stock Up 21.5%

Shares of NASDAQ LCID opened at $7.90 on Wednesday. The company has a quick ratio of 0.48, a current ratio of 1.02 and a debt-to-equity ratio of 3.00. The business’s 50 day moving average is $5.92 and its two-hundred day moving average is $8.06. Lucid Group has a 52-week low of $2.37 and a 52-week high of $27.80. The firm has a market cap of $3.08 billion, a price-to-earnings ratio of -0.60 and a beta of 0.83.

Key Lucid Group News

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

• Positive Sentiment: Saudi billionaire Prince Alwaleed bin Talal disclosed a passive 5% stake in Lucid, valued at roughly $150 million. The investment increases Saudi-linked ownership of the electric-vehicle maker and was viewed as a vote of confidence in Lucid’s long-term prospects. Saudi prince buys 5% stake in Lucid Motors
• Positive Sentiment: Unusually heavy options activity also supported bullish sentiment, with traders purchasing 73,420 call options—about 47% above typical call volume. This suggests increased speculative interest in further gains, though options activity can amplify volatility.
• Neutral Sentiment: Lucid’s stock has outperformed some rival electric-vehicle names over the past month, but it remains well below its 12-month high and below its 200-day moving average. The recovery therefore reflects improving momentum but does not yet confirm a sustained turnaround.
• Negative Sentiment: Multiple law firms publicized a securities class action against Lucid and certain officers, alleging violations of federal securities laws involving investors who purchased shares between February 25 and April 13, 2026. The July 28 lead-plaintiff deadline brought additional attention to the litigation, creating a potential legal and reputational overhang. Pomerantz class action announcement
• Negative Sentiment: Analysts expect Lucid to report a decline in earnings in its upcoming results. The company’s high debt burden, weak quick ratio and continuing losses remain important risks, particularly after the stock’s sharp speculative rebound. Analysts estimate Lucid earnings decline

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.