Cantor Fitzgerald Reiterates Neutral on Lucid, $3 Price Target
- Rating
- Neutral
- Unchanged
- Target
- $3
- Outcome
- Reached
- on July 17, 2025
What the analyst said
Cantor Fitzgerald analyst Andres Sheppard reiterated a Neutral rating and $3.00 price target on Lucid Group Inc.
(NASDAQ: LCID).
“We continue to believe that Lucid’s vehicles are able to provide higher battery efficiency, longer battery range, better performance, and faster charging relative to other EVs.
For FY25, the company is guiding production of ~20,000 vehicles, which was in-line with our expectations, and represents >100% increase yoy, which is encouraging.
LCID started production of its Air Gravity (SUV) in 4Q24, with initial deliveries in 2025, and we believe this will help boost customer demand.
With the Air Gravity, LCID entered the SUV customer segment at a starting price of $94,900 (eventually <$80,000), which, given the vehicle performance, we expect will be competitive.
We also continue to believe the launch of the midsize platform will be a meaningful catalyst for the company.
However, we remain neutral due to persistent high negative gross margin, additional capital needs, a new management team, and worsening macro conditions.”
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Where the price stands
LCID trades at $3.29. The 5 analysts who set a target in the last 3 months range from $3 to $11, with a median of $6. This $3 target is 50% below the median, the lowest on the Street.
Since the note LCID has moved −87% (from $26.10). The 12-month window closed on February 26, 2026.
Track record
This call✓ Target reached on July 17, 2025, 5 months after the note. Prices are split-adjusted.
Firm track recordCantor: 79% of its 56 targets at least a year old were reached within 12 months (#15 of 26 firms); on Lucid, 4 of 6. Accuracy ranking →
Cantor on Lucid
Cantor price targets on Lucid
8 calls from February 26, 2025 to May 12, 2025. The target stayed at $3. The rating stayed Hold.
- May 12, 2025Rating only, no price targetHoldNo target
- May 7, 2025Kept the $3 targetHold$3
- May 5, 2025Kept the $3 targetHold$3
- April 7, 2025Rating only, no price targetHoldNo target
- March 31, 2025Kept the $3 targetHold$3
- March 28, 2025Kept the $3 targetHold$3
- March 24, 2025Kept the $3 targetHold$3
- February 26, 2025 This noteEarliest call shownHold$3
