Lucid Group (NASDAQ:LCID) Reaches New 52-Week Low – Here’s What Happened

Lucid Group, Inc. (NASDAQ:LCID) hit a new 52-week low on Monday . The stock traded as low as $9.50 and last traded at $9.6410, with a volume of 1222830 shares. The stock had previously closed at $9.55.

Lucid Group News Roundup

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

• Positive Sentiment: Revenue and deliveries surprised to the upside — Q4 revenue rose ~123% Y/Y to roughly $523M as production and deliveries ramped, showing demand for the Gravity SUV and helping justify scale-up hopes. Lucid beats fourth-quarter revenue
• Positive Sentiment: Management set an explicit 2026 production target (25k–27k vehicles), implying a step-change in output this year — a constructive signal for revenue growth and unit economics if the ramp stays on track. Lucid 2026 production guidance
• Neutral Sentiment: Analyst reaction is mixed — Cantor Fitzgerald cut its price target to $14 and set a neutral rating, reflecting both upside from execution and continued execution/earnings risk. Cantor Fitzgerald price target cut
• Negative Sentiment: EPS missed badly — Lucid reported a wider-than-expected GAAP loss (roughly $3.62/sh on some measures; non‑GAAP also missed), driven by significantly higher costs and expenses, which spooked near-term profit expectations. Q4 earnings miss
• Negative Sentiment: Cash use and capex increased — the company flagged higher cash burn and elevated investment as it scales production, raising near-term financing and margin risk until volumes improve. Zacks on cash use & capex
• Negative Sentiment: Share overhang risk — Lucid filed a prospectus supplement to register resale of ~69.1M Class A shares, creating potential supply pressure and dilution concerns. Resale prospectus filing
• Negative Sentiment: Workforce reduction of ~12% announced as a profitability push — may cut costs but underscores near-term execution challenges and has contributed to negative headlines. Layoffs announced

Analyst Ratings Changes

A number of brokerages have commented on LCID. Stifel Nicolaus cut 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. Robert W. Baird set a $14.00 price target on shares of Lucid Group in a report on Tuesday, January 6th. Zacks Research downgraded shares of Lucid Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. Royal Bank Of Canada reiterated a “sector perform” rating and set a $10.00 target price on shares of Lucid Group in a research report on Wednesday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Lucid Group in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Lucid Group presently has an average rating of “Reduce” and an average target price of $18.50.

Lucid Group Stock Performance

The stock’s fifty day simple moving average is $10.78 and its 200-day simple moving average is $15.81. The company has a quick ratio of 1.34, a current ratio of 1.81 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $3.33 billion, a PE ratio of -0.96 and a beta of 1.16.

Institutional Trading of Lucid Group

A number of institutional investors have recently bought and sold shares of the company. Leonteq Securities AG purchased a new position in shares of Lucid Group in the fourth quarter valued at $67,000. Eurizon Capital SGR S.p.A. purchased a new stake in shares of Lucid Group in the 4th quarter worth about $86,000. HITE Hedge Asset Management LLC acquired a new stake in Lucid Group in the 3rd quarter valued at about $212,000. Johnson & White Wealth Management LLC purchased a new position in Lucid Group during the 3rd quarter valued at about $238,000. Finally, Vance Wealth LLC acquired a new position in Lucid Group during the fourth quarter worth about $106,000. 75.17% of the stock is currently owned by hedge funds and other institutional investors.

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.