Lucid Group (NASDAQ:LCID) Stock Price Target Lowered at Royal Bank Of Canada

Lucid Group (NASDAQ:LCID) had its price target lowered by Royal Bank Of Canada from $7.00 to $4.00 in a report released on Monday morning, MarketBeat reports. The firm currently has a sector perform rating on the stock.

A number of other analysts have also recently issued reports on the company. Zacks Research raised Lucid Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 18th. Citigroup reduced their target price on Lucid Group from $14.00 to $11.00 and set a “buy” rating for the company in a research note on Wednesday, August 19th. Weiss Ratings reissued a “sell (e+)” rating on shares of Lucid Group in a report on Monday, September 21st. UBS Group reiterated a “hold” rating on shares of Lucid Group in a research note on Tuesday, October 6th. Finally, Cantor Fitzgerald reiterated a “neutral” rating on shares of Lucid Group in a research note on Monday. One research analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, Lucid Group presently has an average rating of “Reduce” and a consensus price target of $8.89.

Lucid Group Price Performance

Shares of NASDAQ LCID opened at $3.43 on Monday. The business has a 50-day moving average of $4.92 and a 200-day moving average of $6.06. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of -0.25 and a beta of 1.00. Lucid Group has a fifty-two week low of $2.37 and a fifty-two week high of $22.42.

Lucid Group (NASDAQ:LCID) last released its earnings results on Tuesday, August 4th. The company reported ($2.78) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.36) by ($0.42). Lucid Group had a negative return on equity of 1,391.51% and a negative net margin of 249.21%. The company had revenue of $405.35 million for the quarter, compared to the consensus estimate of $381.59 million. During the same quarter in the previous year, the company posted ($0.24) EPS. The business’s revenue was up 56.2% on a year-over-year basis. On average, sell-side analysts expect that Lucid Group will post -12.15 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in LCID. Bank of New York Mellon Corp bought a new stake in shares of Lucid Group in the second quarter valued at about $3,125,000. Headlands Technologies LLC acquired a new position in shares of Lucid Group in the second quarter valued at about $1,368,000. Lazard Asset Management LLC grew its stake in shares of Lucid Group by 192.6% in the first quarter. Lazard Asset Management LLC now owns 304,737 shares of the company’s stock valued at $2,904,000 after acquiring an additional 200,604 shares in the last quarter. Bank of America Corp DE increased its position in Lucid Group by 10.9% during the first quarter. Bank of America Corp DE now owns 1,919,073 shares of the company’s stock worth $18,289,000 after acquiring an additional 189,134 shares during the period. Finally, Quantinno Capital Management LP increased its position in Lucid Group by 246.0% during the first quarter. Quantinno Capital Management LP now owns 202,651 shares of the company’s stock worth $1,931,000 after acquiring an additional 144,089 shares during the period. Institutional investors own 75.17% of the company’s stock.

Key Headlines Impacting Lucid Group

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

• Positive Sentiment: European expansion: Lucid plans to open its first retail and service locations in France in early 2027, with a broader plan reportedly calling for as many as 16 locations. The move could improve brand visibility, sales access and after-sales support in a major luxury-vehicle market. Lucid Group to add retail stores in France as its European presence grows
• Positive Sentiment: Higher deliveries: Lucid reported third-quarter 2026 production of 2,954 vehicles and deliveries of 3,806. Deliveries exceeding production may indicate inventory conversion and interest in models such as the Gravity SUV, although investors will want evidence that the improvement can continue. Lucid Group delivers fresh EV numbers
• Neutral Sentiment: Additional liquidity: Lucid drew $400 million under an affiliate delayed-draw term loan facility. The funds provide near-term financial flexibility, but the borrowing also underscores the company’s ongoing cash requirements. Lucid draws $400 million under affiliate DDTL
• Negative Sentiment: Lower valuation expectations: Royal Bank of Canada cut its price target from $7 to $4 while maintaining a “sector perform” rating. Another fair-value estimate fell from $8.40 to $7.61, reflecting concerns about demand, cash flow and possible future funding needs. Lucid Group price target trimmed by RBC
• Negative Sentiment: Profitability and demand concerns persist: Analysts continue to question whether current sales support Lucid’s valuation. Production cuts, a single-shift manufacturing operation and large losses remain significant risks, while recent delivery gains have not yet changed the broader negative stock trend. Has Lucid Group fallen far enough on sales?

Lucid Group Company Profile

Lucid Group, Inc is an electric vehicle company headquartered in Newark, California. Through its Lucid Motors subsidiary, the company designs, engineers and manufactures luxury electric vehicles, with a focus on long range, performance, efficiency and advanced in-vehicle technology.

Lucid’s product lineup includes the Lucid Air, a premium electric sedan, and the Lucid Gravity, an electric SUV. The company also develops electric powertrain systems, battery technology and related vehicle software.