Lucid Group Stock Price Forecast for 2026 Revealed
Analysts are divided about the future of Lucid Group (LCID) stock. Recent predictions highlight contrasting views regarding the stock’s performance over the next few years. Some experts forecast significant declines, while others anticipate a remarkable surge.
Current Stock Overview
As of the latest data, Lucid Group’s stock price stands at $18.52, reflecting a change of 2.32%. Key financial metrics for the company include:
- Market Capitalization: $6 billion
- Day’s Price Range: $17.74 – $19.48
- 52-Week Price Range: $15.25 – $36.40
- Trading Volume: 495,000
- Average Volume: 9.7 million
- Gross Margin: -9926.30%
- Dividend Yield: N/A
Pessimistic Outlook from CFRA Analyst
Garrett Nelson, an analyst at CFRA, expresses skepticism regarding Lucid Group’s future. He revised his price target to $10, indicating a potential downside of over 50%. His previous optimistic stance has diminished since Lucid went public through its merger with Churchill Capital Corp. IV in 2021.
Nelson raised concerns about the company’s sluggish sales growth. With the recent expiration of federal EV tax credits, he worries consumers may lose interest in Lucid products. As a result, he anticipates challenging quarters ahead for the automaker.
Optimistic Predictions from Benchmark Analyst
In contrast, Mickey Legg from Benchmark Co. has a bullish prediction for Lucid Group. He sets a price target of $70, suggesting a nearly 200% upside potential. Legg cites several factors for his optimism:
- Increased Electric Vehicle Adoption: He believes accelerating adoption will favor companies like Lucid by 2026.
- Manufacturing Capabilities: Legg praises Lucid’s advanced technology and integration, emphasizing recent collaborations, including a partnership with Uber.
- Support from Saudi Arabia: The substantial investment from Saudi Arabia has provided Lucid with essential financing, contributing to its sustainability.
However, Legg acknowledges that short-term growth may be difficult. Market data suggests that sales, particularly for the new Gravity SUV, might not meet expectations.
Conclusion: A Polarizing Future for Lucid Group
The disparate forecasts for Lucid Group stock underscore a volatile and uncertain future. While Nelson maintains a bearish stance based on recent trends, Legg’s optimism reflects a belief in long-term growth through technology and market changes.
Investors should consider these analyses carefully when making decisions about Lucid Group and its performance in the electric vehicle market leading up to 2026.
