<div id="readability-page-1"><p>Shares of Lucid Group, Inc. (NASDAQ:LCID - Get Free Report) have been given a consensus recommendation of &#34;Reduce&#34; by the twelve analysts that are  covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and one  has issued  a buy rating on  the company. The average twelve-month price target among analysts that have covered the stock in the last year is $21.9333.</p><ul><li>Uber Is Crushing Lyft—And It’s Not Even Close</li></ul><p>Several research analysts recently commented on LCID shares. Weiss Ratings  reaffirmed a &#34;sell (d-)&#34; rating on shares of Lucid Group in a research note on Wednesday, October 8th. Stifel Nicolaus  set a $2.10 price target on shares of Lucid Group in a report on Friday, August 29th. Cantor Fitzgerald lowered their price objective on shares of Lucid Group from $26.00 to $21.00 and set a &#34;neutral&#34; rating for the company in a research note on Thursday, November 6th. Finally, Morgan Stanley increased their target price on shares of Lucid Group to $30.00 and gave the stock an &#34;equal weight&#34; rating in a report on Tuesday, September 2nd.</p><p><b>Get Our Latest Research Report on Lucid Group</b></p><h2>Hedge Funds Weigh In On Lucid Group</h2><ul><li>Baidu Teams With Uber and Lyft on Robotaxis—Stock Upside Ahead?</li></ul><p>Several hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in  Lucid Group by 0.6% in the first quarter. Vanguard Group Inc. now owns 110,933,835 shares of the company's stock worth $268,460,000 after acquiring an additional 615,108 shares during the period.  Geode Capital Management LLC raised its holdings in  Lucid Group by 7.4% in the 2nd quarter. Geode Capital Management LLC now owns 22,642,839 shares of the company's stock worth $47,784,000 after purchasing an additional 1,554,419 shares in the last quarter.  Marshall Wace LLP lifted its position in shares of  Lucid Group by 2,398.5% in the 2nd quarter. Marshall Wace LLP now owns 12,652,537 shares of the company's stock worth $26,697,000 after purchasing an additional 12,146,136 shares during the period.  MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of  Lucid Group by 39.2% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,309,476 shares of the company's stock valued at $25,973,000 after purchasing an additional 3,465,542 shares in the last quarter.  Finally, Norges Bank bought a new stake in shares of  Lucid Group during the 2nd quarter valued at about $16,469,000. 75.17% of the stock is owned by hedge funds and other institutional investors. </p><h2>Lucid Group Trading Down 8.6%</h2><p>NASDAQ LCID opened at $15.17 on Friday. The firm has a market cap of $4.66 billion, a PE ratio of -1.42 and a beta of 0.80. Lucid Group has a 1-year low of $15.17 and a 1-year high of $36.40. The stock has a 50-day moving average of $20.09 and a 200-day moving average of $22.33. The company has a current ratio of 1.81, a quick ratio of 1.34 and a debt-to-equity ratio of 1.19. </p><ul><li>Tesla Teams With Samsung—Will Other Chipmakers Follow?</li></ul><p>Lucid Group (NASDAQ:LCID - Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The company reported ($2.65) EPS for the quarter, missing analysts' consensus estimates of ($2.32) by ($0.33). Lucid Group had a negative return on equity of 85.13% and a negative net margin of 224.99%.The company had revenue of $336.58 million during the quarter, compared to analysts' expectations of $378.44 million. During the same period last year, the firm earned ($2.76) earnings per share. Lucid Group's revenue for the quarter was up 68.3% on a year-over-year basis.  As a group, sell-side analysts forecast that  Lucid Group will post -1.25 EPS for the current year. </p><h2>Lucid Group Company Profile</h2> (Get Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Lucid Group</li><li>How to Calculate Stock Profit </li><li>dLocal Falls Despite Blowout Q3 Results—What Investors Are Missing</li><li>Large Cap Stock Definition and How to Invest</li><li>Ondas Holdings Signals a Rebound as Drone Demand Soars</li><li>Investing in the High PE Growth Stocks </li><li>Disney’s 2026 Outlook Brightens Under Iger's Magic Touch</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TENJRA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TENJRA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Lucid Group Right Now?</h2><p>Before you consider Lucid Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lucid Group wasn't on the list.</p><p>While Lucid Group currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

LCID

<p>Lucid Group, Inc. (NASDAQ:LCID) has received a consensus "Reduce" recommendation from twelve analysts, with three rating it as "sell," eight as "hold," and one as "buy." The average 12-month price target is $21.93. Recent analyst actions include Weiss Ratings reaffirming a "sell" rating, Stifel Nicolaus setting a $2.10 target, Cantor Fitzgerald lowering its target to $21.00, and Morgan Stanley raising its target to $30.00. The stock is currently trading at $15.17, down 8.6%.</p>

Lucid Group, Inc. (NASDAQ:LCID) Given Average Recommendation of "Reduce" by Brokerages