Lucid Group (NASDAQ:LCID) Stock Price Up 10% – Time to Buy?

Lucid Group, Inc. (NASDAQ:LCID)’s share price rose 10% during trading on Thursday . The company traded as high as $5.19 and last traded at $5.17. Approximately 17,251,751 shares changed hands during trading, an increase of 44% from the average daily volume of 12,017,051 shares. The stock had previously closed at $4.70.

Trending Headlines about Lucid Group

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

• Positive Sentiment: No clearly positive company-specific catalyst was reported in the latest articles.
• Neutral Sentiment: Several law firms announced or promoted securities class action claims against Lucid, keeping the stock in the news but not adding new business fundamentals; the suits cover investors who bought shares between February 25, 2026 and April 13, 2026.
• Neutral Sentiment: TechCrunch reported that top Lucid executive Emad Dlala left the company amid a broader leadership shakeup under the new CEO, which adds uncertainty but does not by itself confirm an operational setback. Article Title
• Negative Sentiment: The class action allegations focus on alleged supplier quality misrepresentations and delivery disruptions for the Lucid Gravity, raising concerns about execution, transparency, and potential financial liability. Article Title

Wall Street Analyst Weigh In

LCID has been the subject of a number of research analyst reports. Morgan Stanley set a $5.00 target price on Lucid Group in a report on Wednesday, May 6th. Cantor Fitzgerald restated a “neutral” rating and set a $14.00 target price on shares of Lucid Group in a report on Monday, May 4th. Bank of America started coverage on shares of Lucid Group in a report on Wednesday, March 4th. They set an “underperform” rating and a $10.00 price target for the company. Royal Bank Of Canada decreased their price objective on shares of Lucid Group from $10.00 to $8.00 and set a “sector perform” rating on the stock in a report on Monday, April 13th. Finally, Evercore set a $6.00 price objective on shares of Lucid Group in a report on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $9.67.

Lucid Group Stock Up 10.0%

The company has a quick ratio of 0.48, a current ratio of 1.02 and a debt-to-equity ratio of 3.00. The stock has a market cap of $2.02 billion, a price-to-earnings ratio of -0.39 and a beta of 0.89. The business’s fifty day moving average is $6.83 and its two-hundred day moving average is $9.54.

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Tudor Investment Corp ET AL acquired a new stake in Lucid Group in the third quarter valued at approximately $1,361,978,000. Uber Technologies Inc acquired a new stake in Lucid Group in the third quarter valued at approximately $326,283,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Lucid Group by 39.2% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,309,476 shares of the company’s stock valued at $25,973,000 after acquiring an additional 3,465,542 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Lucid Group by 112.0% in the first quarter. Goldman Sachs Group Inc. now owns 5,440,620 shares of the company’s stock valued at $13,166,000 after acquiring an additional 2,874,603 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in Lucid Group by 93.5% in the second quarter. BNP Paribas Financial Markets now owns 4,485,715 shares of the company’s stock valued at $9,465,000 after acquiring an additional 2,167,882 shares in the last quarter. Institutional investors and hedge funds 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.