Lucid Group (LCID) – Investment Analysts’ Recent Ratings Updates

Lucid Group (NASDAQ: LCID) has recently received a number of price target changes and ratings updates:

• 3/18/2025 – Lucid Group was upgraded by analysts at Morgan Stanley from an “underweight” rating to an “equal weight” rating. They now have a $3.00 price target on the stock.
• 3/7/2025 – Lucid Group is now covered by analysts at TD Cowen. They set a “hold” rating and a $2.30 price target on the stock.
• 3/7/2025 – Lucid Group had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $5.00 price target on the stock.
• 3/6/2025 – Lucid Group is now covered by analysts at Cowen Inc. They set a “hold” rating on the stock.
• 2/27/2025 – Lucid Group had its price target lowered by analysts at Stifel Nicolaus from $3.50 to $3.00. They now have a “hold” rating on the stock.
• 2/26/2025 – Lucid Group was downgraded by analysts at Bank of America Co. from a “neutral” rating to an “underperform” rating. They now have a $1.00 price target on the stock, down previously from $3.00.
• 2/26/2025 – Lucid Group had its “neutral” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $3.00 price target on the stock.
• 2/26/2025 – Lucid Group had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 2/24/2025 – Lucid Group was downgraded by analysts at Redburn Atlantic from a “neutral” rating to a “sell” rating. They now have a $1.13 price target on the stock, down previously from $3.50.
• 2/12/2025 – Lucid Group is now covered by analysts at Benchmark Co.. They set a “buy” rating and a $5.00 price target on the stock.

Lucid Group Stock Down 0.6 %

Shares of Lucid Group stock traded down $0.02 during trading hours on Tuesday, hitting $2.45. 19,983,082 shares of the company’s stock traded hands, compared to its average volume of 54,634,726. Lucid Group, Inc. has a twelve month low of $1.93 and a twelve month high of $4.43. The company has a market cap of $7.44 billion, a PE ratio of -1.83 and a beta of 0.97. The company has a quick ratio of 3.26, a current ratio of 3.71 and a debt-to-equity ratio of 0.77. The stock has a 50 day simple moving average of $2.66 and a 200-day simple moving average of $2.78.

Institutional Investors Weigh In On Lucid Group

A number of hedge funds have recently bought and sold shares of LCID. Pine Valley Investments Ltd Liability Co boosted its holdings in Lucid Group by 27.8% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 17,526 shares of the company’s stock worth $62,000 after purchasing an additional 3,816 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in shares of Lucid Group by 43.8% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 14,111 shares of the company’s stock valued at $43,000 after buying an additional 4,296 shares during the period. Sei Investments Co. grew its position in shares of Lucid Group by 14.0% during the 4th quarter. Sei Investments Co. now owns 36,031 shares of the company’s stock valued at $109,000 after buying an additional 4,431 shares during the last quarter. Voya Investment Management LLC raised its stake in Lucid Group by 4.0% during the fourth quarter. Voya Investment Management LLC now owns 120,067 shares of the company’s stock worth $363,000 after acquiring an additional 4,591 shares during the period. Finally, Alpine Global Management LLC lifted its holdings in Lucid Group by 7.4% in the fourth quarter. Alpine Global Management LLC now owns 67,153 shares of the company’s stock worth $203,000 after acquiring an additional 4,653 shares during the last quarter. Institutional investors and hedge funds own 75.17% of the company’s stock.

Lucid Group, Inc a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services.