Lucid Group (NASDAQ:LCID) Shares Down 3.4% – Should You Sell?

Lucid Group, Inc. (NASDAQ:LCID)’s stock price fell 3.4% during trading on Monday . The company traded as low as $7.02 and last traded at $7.11. 20,991,724 shares traded hands during mid-day trading, an increase of 48% from the average session volume of 14,210,761 shares. The stock had previously closed at $7.36.

Trending Headlines about Lucid Group

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

• Positive Sentiment: No clearly positive company-specific catalysts were reported in the latest batch of articles.
• Neutral Sentiment: Multiple law firms issued reminders about the July 28 lead-plaintiff deadline in an existing securities class action covering investors who bought LCID between February 25, 2026 and April 13, 2026. These notices mainly reinforce that litigation is ongoing rather than introducing a new development. Deadline Alert: Lucid Group, Inc. (LCID) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
• Neutral Sentiment: Additional firms, including Schall, Levi & Korsinsky, Kaplan Fox, Faruqi & Faruqi, Bronstein Gewirtz & Grossman, and Rosen, also promoted the same class-action deadline, keeping legal uncertainty in the spotlight. LCID Investors Have Opportunity to Lead Lucid Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm
• Neutral Sentiment: A separate article asked whether Lucid stock is a “falling knife” or a deep-value buy, signaling that investors remain split on the company’s long-term outlook and valuation. Lucid Stock: Is It a Falling Knife or a Deep-Value Buy?
• Negative Sentiment: The repeated class-action alerts may weigh on sentiment by highlighting alleged investor harm and ongoing litigation risk for Lucid Group (LCID). LCID CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds Lucid Group (LCID) Investors of Securities Class Action Lawsuit Deadline on July 28, 2026

Analyst Ratings Changes

Several equities analysts have recently weighed in on LCID shares. Morgan Stanley set a $5.00 price objective on shares of Lucid Group in a report on Wednesday, May 6th. Robert W. Baird set a $6.00 target price on Lucid Group in a research note on Wednesday, May 6th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $7.00 target price (down from $8.00) on shares of Lucid Group in a research report on Monday, July 13th. TD Cowen dropped their price target on Lucid Group from $10.00 to $7.00 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $14.00 price target on shares of Lucid Group in a report on Monday, May 4th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $9.56.

Lucid Group Trading Down 3.4%

The firm has a market cap of $2.77 billion, a price-to-earnings ratio of -0.54 and a beta of 0.83. The firm’s 50-day moving average is $5.79 and its 200-day moving average is $8.26. The company has a current ratio of 1.02, a quick ratio of 0.48 and a debt-to-equity ratio of 3.00.

Institutional Investors Weigh In On Lucid Group

Several hedge funds and other institutional investors have recently made changes to their positions in LCID. Handelsbanken Fonder AB increased its position in shares of Lucid Group by 81.9% during the second quarter. Handelsbanken Fonder AB now owns 73,729 shares of the company’s stock worth $493,000 after acquiring an additional 33,200 shares in the last quarter. CX Institutional lifted its position in Lucid Group by 69.6% in the 2nd quarter. CX Institutional now owns 13,207 shares of the company’s stock valued at $88,000 after acquiring an additional 5,422 shares in the last quarter. Verus Capital Partners LLC bought a new position in Lucid Group in the 1st quarter valued at about $108,000. Essential Partners LLC acquired a new position in Lucid Group during the 1st quarter valued at about $126,000. Finally, J. Derek Lewis & Associates Inc. increased its holdings in Lucid Group by 32.8% during the 1st quarter. J. Derek Lewis & Associates Inc. now owns 19,820 shares of the company’s stock worth $189,000 after purchasing an additional 4,896 shares in the last quarter. 75.17% of the stock is owned by institutional investors.

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.