Lucid Group (NASDAQ:LCID) Hits New 1-Year Low – Here’s Why

Lucid Group, Inc. (NASDAQ:LCID) shares reached a new 52-week low during trading on Friday . The stock traded as low as $5.11 and last traded at $5.2340, with a volume of 11695866 shares trading hands. The stock had previously closed at $5.68.

Lucid Group News Roundup

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

• Positive Sentiment: Lucid also continues to be linked to its robotaxi partnership with Uber and Nuro, which could support long-term strategic value if the program gains traction. Uber reportedly commits $500m to robotaxi startup Nuro
• Neutral Sentiment: Multiple law firms, including Rosen, Schall, Bronstein Gewirtz & Grossman, Pomerantz, Bernstein Liebhard, Portnoy, and others, are urging investors to join or lead a class action covering purchases made between February 25, 2026 and April 13, 2026. The repeated notices increase attention on the case, but they are largely procedural at this stage.
• Negative Sentiment: The lawsuits allege Lucid and certain officers violated federal securities laws, with claims tied to alleged nondisclosure of supplier quality and delivery issues that may have hurt financial results. That raises uncertainty around management credibility and potential legal costs. Lucid Group CEO Shift Tests Execution, Transparency And Legal Risk
• Negative Sentiment: Investor sentiment is also being hurt by weaker recent stock performance after the last earnings report, with the market still focused on Lucid’s revenue miss and ongoing losses rather than a clear operational turnaround. Lucid Group (LCID) Down 7.6% Since Last Earnings Report: Can It Rebound?

Analyst Ratings Changes

LCID has been the topic of a number of analyst reports. Bank of America initiated coverage on Lucid Group in a report on Wednesday, March 4th. They set an “underperform” rating and a $10.00 target price on the stock. Evercore set a $6.00 price objective on Lucid Group in a research report on Monday, May 11th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $14.00 target price on shares of Lucid Group in a research report on Monday, May 4th. Zacks Research upgraded Lucid Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 5th. Finally, Benchmark downgraded Lucid Group from a “buy” rating to a “hold” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Lucid Group currently has an average rating of “Reduce” and an average target price of $9.67.

Lucid Group Stock Performance

The company has a debt-to-equity ratio of 3.00, a current ratio of 1.02 and a quick ratio of 0.48. The company’s 50-day moving average price is $7.21 and its two-hundred day moving average price is $9.75. The company has a market capitalization of $1.99 billion, a price-to-earnings ratio of -0.39 and a beta of 0.89.

Lucid Group (NASDAQ:LCID) last posted its quarterly earnings data on Tuesday, May 5th. The company reported ($2.82) earnings per share for the quarter, missing the consensus estimate of ($2.53) by ($0.29). The firm had revenue of $282.47 million for the quarter, compared to analyst estimates of $358.46 million. Lucid Group had a negative return on equity of 304.01% and a negative net margin of 248.09%.The company’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same quarter last year, the company earned ($0.20) earnings per share. On average, equities research analysts anticipate that Lucid Group, Inc. will post -10.75 EPS for the current fiscal year.

Institutional Investors Weigh In On Lucid Group

A number of large investors have recently bought and sold shares of the stock. Tudor Investment Corp ET AL bought a new stake in Lucid Group during the 3rd quarter valued at $1,361,978,000. SG Americas Securities LLC raised its holdings in Lucid Group by 65.9% during the 4th quarter. SG Americas Securities LLC now owns 181,153 shares of the company’s stock valued at $1,915,000 after buying an additional 71,966 shares during the last quarter. Vanguard Group Inc. increased its position in Lucid Group by 6.2% during the 4th 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 during the period. Calamos Advisors LLC purchased a new position in Lucid Group during the 4th quarter valued at $1,586,000. Finally, PNC Financial Services Group Inc. increased its position in Lucid Group by 112.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 36,923 shares of the company’s stock valued at $878,000 after purchasing an additional 19,557 shares during the period. 75.17% of the stock is currently owned by institutional investors and hedge funds.

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.