Lucid Group (NASDAQ:LCID) Shares Up 3.6% – Should You Buy?

Lucid Group, Inc. (NASDAQ:LCID)’s stock price shot up 3.6% on Wednesday . The company traded as high as $10.40 and last traded at $10.28. 13,411,352 shares changed hands during mid-day trading, an increase of 69% from the average session volume of 7,935,886 shares. The stock had previously closed at $9.92.

More Lucid Group News

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

• Positive Sentiment: Revenue and deliveries accelerated — Q4 revenue jumped ~122–123% year‑over‑year and topped consensus, driven by stronger production and the Gravity SUV ramp; management set a 2026 production target of roughly 25,000–27,000 vehicles, which signals meaningful growth upside if execution continues. Reuters: Lucid beats fourth-quarter revenue
• Positive Sentiment: Company highlighted record deliveries and said production will rise materially in 2026 — that operational momentum is likely supporting buying interest despite headline losses. Yahoo: Earnings call highlights
• Neutral Sentiment: Strategic moves to improve profitability: Lucid announced a workforce reduction (~12%) and cost‑cutting efforts intended to support margin improvement; these are positive for long‑term margins but signal near‑term headwinds. Yahoo: 12% workforce cut
• Neutral Sentiment: Company filed a resale prospectus registering up to ~69.1M shares for resale — this provides liquidity for holders but may increase supply pressure depending on future selling behavior. PR Newswire: Resale prospectus
• Negative Sentiment: Profitability missed expectations — Lucid reported a wider‑than‑forecast quarterly loss (EPS well below estimates), and operating losses and capex/cash use increased versus prior periods, keeping free‑cash‑flow concerns front and center. Yahoo: Q4 earnings miss
• Negative Sentiment: Analyst reaction and sentiment pressure — at least one major shop cut its price target and moved to a neutral rating (Cantor Fitzgerald lowered its PT), reflecting continued skepticism about near‑term profitability and valuation. Benzinga: Price target cut

Analyst Upgrades and Downgrades

LCID has been the subject of several recent analyst reports. Robert W. Baird set a $14.00 target price on shares of Lucid Group in a research note on Tuesday, January 6th. Stifel Nicolaus reduced their price objective on shares of Lucid Group from $21.00 to $17.00 and set a “hold” rating for the company in a research report on Monday, November 17th. Benchmark reaffirmed a “buy” rating on shares of Lucid Group in a report on Thursday, February 19th. Weiss Ratings reissued a “sell (e+)” rating on shares of Lucid Group in a research note on Monday, December 29th. Finally, Zacks Research downgraded Lucid Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $18.50.

Lucid Group Price Performance

The firm has a market cap of $3.33 billion, a PE ratio of -0.96 and a beta of 1.16. The company has a current ratio of 1.81, a quick ratio of 1.34 and a debt-to-equity ratio of 1.19. The company has a 50 day moving average price of $10.78 and a 200 day moving average price of $15.81.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Valeo Financial Advisors LLC grew its stake in Lucid Group by 9.7% in the 2nd quarter. Valeo Financial Advisors LLC now owns 11,926 shares of the company’s stock valued at $25,000 after acquiring an additional 1,055 shares during the last quarter. Kingsview Wealth Management LLC purchased a new stake in shares of Lucid Group in the second quarter valued at about $30,000. Brown Advisory Inc. grew its position in shares of Lucid Group by 47.5% in the second quarter. Brown Advisory Inc. now owns 15,530 shares of the company’s stock valued at $33,000 after purchasing an additional 5,000 shares during the last quarter. Heritage Wealth Advisors grew its position in shares of Lucid Group by 43.5% in the second quarter. Heritage Wealth Advisors now owns 16,500 shares of the company’s stock valued at $35,000 after purchasing an additional 5,000 shares during the last quarter. Finally, Keynote Financial Services LLC purchased a new position in shares of Lucid Group during the 2nd quarter worth approximately $35,000. 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.