Lucid Group (NASDAQ:LCID) Trading 3% Higher – Here’s What Happened

Lucid Group, Inc. (NASDAQ:LCID)’s stock price shot up 3% on Thursday . The stock traded as high as $10.70 and last traded at $10.59. 7,580,668 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 7,939,406 shares. The stock had previously closed at $10.28.

Key Stories Impacting Lucid Group

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

• Positive Sentiment: Revenue and deliveries ramped sharply in Q4 (revenue up ~123% YoY) and management guided 2026 production of roughly 25,000–27,000 vehicles, signaling a continued scale-up that may support future margin improvement. Article Title
• Positive Sentiment: Company reported its best delivery quarter yet and reiterated plans to expand model lineup (including a mid-size vehicle) — operational progress that investors often reward if scale leads to cost leverage. Article Title
• Positive Sentiment: Lucid announced a workforce reduction (~12%) to cut costs and push toward profitability, a near-term pain that can be viewed positively by shareholders concerned about burn and margins. Article Title
• Neutral Sentiment: Wall Street firms have updated price targets and ratings after the print; commentary is mixed (some cuts, some reiterations), so analyst action is influencing sentiment but not uniformly directing the stock. Article Title
• Negative Sentiment: Lucid missed EPS expectations (wider loss per share), reporting substantial operating losses and higher quarterly costs — an earnings miss that spooked some investors despite the revenue beat. Article Title
• Negative Sentiment: Cash use and capex increased meaningfully, raising near-term funding and profitability concerns for a company still burning cash as it scales. Article Title
• Negative Sentiment: Lucid filed a resale prospectus to register up to ~69.1 million Class A shares for resale, which increases the risk of near-term share supply and downward pressure if sellers access the market. Article Title
• Negative Sentiment: Some brokers cut price targets (e.g., Cantor Fitzgerald lowered its target), reflecting analyst caution after the miss and adding downward pressure to sentiment. Article Title

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Morgan Stanley lowered shares of Lucid Group from a “buy” rating to an “underweight” rating and cut their price objective for the stock from $30.00 to $10.00 in a research note on Monday, December 8th. Zacks Research cut Lucid Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. Cantor Fitzgerald lowered their price target on Lucid Group from $21.00 to $14.00 and set a “neutral” rating on the stock in a research note on Wednesday. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $10.00 price objective on shares of Lucid Group in a report on Wednesday. Finally, Benchmark reaffirmed a “buy” rating on shares of Lucid Group in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $19.71.

Lucid Group Trading Up 3.0%

The company has a market cap of $3.43 billion, a PE ratio of -0.87 and a beta of 1.16. The company’s 50 day simple moving average is $10.76 and its two-hundred day simple moving average is $15.73. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.81 and a quick ratio of 1.34.

Institutional Trading of Lucid Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tudor Investment Corp ET AL purchased a new position in shares of Lucid Group during the third quarter worth $1,361,978,000. Geode Capital Management LLC lifted its stake in Lucid Group by 7.4% during the 2nd quarter. Geode Capital Management LLC now owns 22,642,839 shares of the company’s stock worth $47,784,000 after acquiring an additional 1,554,419 shares in the last quarter. Uber Technologies Inc purchased a new position in Lucid Group during the 3rd quarter valued at about $326,283,000. Marshall Wace LLP grew its position in Lucid Group by 2,398.5% in the 2nd quarter. Marshall Wace LLP now owns 12,652,537 shares of the company’s stock valued at $26,697,000 after acquiring an additional 12,146,136 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Lucid Group by 39.2% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,309,476 shares of the company’s stock worth $25,973,000 after purchasing an additional 3,465,542 shares during the period. Hedge funds and other institutional investors own 75.17% of the company’s stock.

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.