Edgestream Partners L.P. Buys New Holdings in Lucid Group, Inc. $LCID

Edgestream Partners L.P. purchased a new position in shares of Lucid Group, Inc. (NASDAQ:LCID) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 102,422 shares of the company’s stock, valued at approximately $976,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in shares of Lucid Group by 9.5% during the first quarter. Royal Bank of Canada now owns 110,716 shares of the company’s stock valued at $267,000 after acquiring an additional 9,578 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Lucid Group by 89.9% during the first quarter. AQR Capital Management LLC now owns 537,801 shares of the company’s stock worth $1,226,000 after purchasing an additional 254,551 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Lucid Group by 103.2% in the 1st quarter. NewEdge Advisors LLC now owns 37,987 shares of the company’s stock worth $92,000 after purchasing an additional 19,294 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Lucid Group by 112.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,440,620 shares of the company’s stock worth $13,166,000 after purchasing an additional 2,874,603 shares in the last quarter. Finally, Empowered Funds LLC grew its position in Lucid Group by 11.3% in the 1st quarter. Empowered Funds LLC now owns 110,844 shares of the company’s stock valued at $268,000 after purchasing an additional 11,252 shares during the period. Institutional investors own 75.17% of the company’s stock.

Lucid Group Stock Up 1.0%

LCID stock opened at $7.78 on Wednesday. The firm has a market capitalization of $3.04 billion, a PE ratio of -0.59 and a beta of 0.83. The company has a quick ratio of 0.48, a current ratio of 1.02 and a debt-to-equity ratio of 3.00. Lucid Group, Inc. has a twelve month low of $2.37 and a twelve month high of $25.23. The stock’s 50 day moving average is $6.11 and its 200-day moving average is $7.94.

Trending Headlines about Lucid Group

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

• Positive Sentiment: Second-quarter revenue increased 56.2% year over year to approximately $405 million, exceeding the roughly $393 million consensus estimate. Lucid delivered 3,953 vehicles, up 19%, helped by stronger Gravity SUV sales. Lucid Announces Operational Reset and Second Quarter 2026 Results
• Positive Sentiment: Management identified $1.4 billion of potential 2026 cash-flow improvements across operating expenses, capital expenditures and working capital. Lucid said total liquidity reached approximately $3.0 billion, providing a runway into 2027 after recent financing and cost-control measures. Lucid plans to save $1.4 billion in 2026 from cost cuts as losses mount
• Positive Sentiment: Lucid highlighted potential longer-term catalysts, including ongoing development of its midsize EV, progress at its Saudi Arabian AMP-2 factory and robotaxi testing with Uber and Nuro. Lucid’s turnaround plan hinges on $1.4B in cash savings, robotaxis
• Neutral Sentiment: Production rose 24% year over year to 4,774 vehicles, but Lucid intentionally reduced output to lower inventory and preserve cash. The midsize model’s launch timing remains dependent on meeting quality and process standards. LCID Stock Falls 10% After-Hours Despite Revenue Growth
• Negative Sentiment: Lucid’s quarterly loss was substantially wider than analysts expected, with reported loss-per-share figures varying by accounting measure. Gross and operating losses remained deeply negative, reinforcing concerns about profitability and execution. Lucid misses second-quarter expectations
• Negative Sentiment: The company used approximately $1.22 billion in operating cash during the quarter, while cash and equivalents were about $733 million excluding broader liquidity sources. Rising losses, competition and weak U.S. sales continue to pressure the investment case. Lucid Posts Wider Loss Amid Growing Competition

Analysts Set New Price Targets

A number of brokerages have commented on LCID. William Blair lowered shares of Lucid Group to a “market perform” rating in a research note on Monday. Benchmark lowered shares of Lucid Group from a “buy” rating to a “hold” rating in a research note on Wednesday, May 6th. TD Cowen reduced their price objective on shares of Lucid Group from $10.00 to $7.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Cantor Fitzgerald reissued a “neutral” rating on shares of Lucid Group in a research report on Monday. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $7.00 target price (down from $8.00) on shares of Lucid Group in a research report on Monday, July 13th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $9.56.

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.