Lucid Group (NASDAQ:LCID) Stock Price Target Cut by Royal Bank Of Canada

Lucid Group (NASDAQ:LCID) had its target price lowered by investment analysts at Royal Bank Of Canada from $7.00 to $4.00 in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 19.05% from the company’s current price.

LCID has been the subject of a number of other research reports. Zacks Research raised shares of Lucid Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 18th. William Blair cut Lucid Group to a “market perform” rating in a report on Monday, August 3rd. Citigroup decreased their target price on Lucid Group from $14.00 to $11.00 and set a “buy” rating on the stock in a report on Wednesday, August 19th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Lucid Group in a research report on Monday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Lucid Group in a report on Monday, September 21st. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Lucid Group has a consensus rating of “Reduce” and an average target price of $8.89.

Lucid Group Trading Down 2.0%

Shares of LCID stock opened at $3.36 on Monday. Lucid Group has a 12 month low of $2.37 and a 12 month high of $22.42. The stock has a market cap of $1.32 billion, a P/E ratio of -0.25 and a beta of 1.00. The company has a 50 day simple moving average of $4.83 and a two-hundred day simple moving average of $6.01.

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

Hedge Funds Weigh In On Lucid Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp purchased a new stake in Lucid Group during the 2nd quarter worth about $3,125,000. Headlands Technologies LLC purchased a new position in shares of Lucid Group in the 2nd quarter valued at about $1,368,000. Lazard Asset Management LLC increased its holdings in shares of Lucid Group by 192.6% in the 1st 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 during the last quarter. Bank of America Corp DE raised its position in shares of Lucid Group by 10.9% during the 1st 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 in the last quarter. Finally, Quantinno Capital Management LP raised its position in shares of Lucid Group by 246.0% during the 1st 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 in the last quarter. Institutional investors own 75.17% of the company’s stock.

Trending Headlines about Lucid Group

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

• Positive Sentiment: France expansion provides a longer-term growth opportunity: Lucid plans to open its first French retail and service locations in early 2027, with an expected network of up to 16 locations. The move expands its European distribution and after-sales infrastructure and positions the company against premium EV competitors such as Tesla. Lucid Group to add retail stores in France as its European presence grows
• Positive Sentiment: Analysts still see substantial potential upside: Cantor Fitzgerald reiterated a Neutral rating but maintained an $8 price target, implying significant upside from recent trading levels. However, the Neutral rating signals that the target is not a strong bullish endorsement. Analysts set Lucid stock price target
• Neutral Sentiment: Liquidity has been supplemented: Lucid drew $400 million under an affiliate delayed-draw term loan facility. The proceeds may support operations and expansion, but additional borrowing also highlights the company’s ongoing cash requirements. Lucid draws $400 million under affiliate DDTL
• Negative Sentiment: Analyst sentiment deteriorated: Royal Bank of Canada cut its price target from $7 to $4 while retaining a Sector Perform rating. Another fair-value estimate was reduced from $8.40 to $7.61, reflecting uncertainty around demand and potential future funding needs. Lucid Group price target cut by RBC
• Negative Sentiment: Operating momentum remains a concern: Lucid produced 2,954 vehicles and delivered 3,806 in the third quarter of 2026. The figures provide fresh visibility, but investors remain focused on weak demand, production reductions and the company’s ability to convert inventory into sustainable revenue. LCID has also significantly underperformed broader markets and rival Rivian over the past six months. Lucid Group delivers fresh EV numbers

About Lucid Group

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.