TD Cowen Lucid · LCID

TD Cowen Initiates Lucid at Hold, $2.30 Price Target

Analyst: Itay Michaeli 1 min read Reproduced verbatim
Rating
Hold
New coverage
Target
$2.30
First target
Outcome
Reached
on March 18, 2025

TD Cowen’s latest target on Lucid is now $4 (Nov 10, 2026); the median of 6 firms is $4.50. TD Cowen has reached 83% of its year-old targets (36 scored).

TD Cowen and Lucid logos

What the analyst said

TD Cowen analyst Itay Michaeli initiates coverage on Lucid Group Inc.

(NASDAQ: LCID) with a Hold rating and a price target of $2.30.

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

LCID trades at $3.90. The 6 analysts who set a target in the last 3 months range from $3 to $11, with a median of $4.50. This $2.30 target is 49% below the median, the lowest on the Street.

Since the note LCID has moved −82% (from $21.70). The 12-month window closed on March 6, 2026.

Track record

This call✓ Target reached on March 18, 2025, 12 days after the note. Prices are split-adjusted.

Firm track recordTD Cowen: 83% of its 36 targets at least a year old were reached within 12 months (#5 of 26 firms). Accuracy ranking →

TD Cowen on Lucid

TD Cowen price targets on Lucid

4 calls from March 6, 2025 to November 10, 2026. The target went from $2.30 to $0.40 (−83%). The rating stayed Hold.

TD Cowen targetLCID share price
  1. November 10, 2026Target cut from $0.70 (−43%)Hold$0.40
  2. May 6, 2026Target cut from $1 (−30%)Hold$0.70
  3. April 15, 2026Target cut from $2.30 (−57%)Hold$1
  4. March 6, 2025 This noteEarliest call shownHold$2.30

Targets are adjusted for the 1-for-10 reverse split on Sep 2, 2025, so every call is in the same share terms as this note.

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Other analysts on Lucid

CantorHold Cut price target −25%, kept ratingCut target Nov 10 $6from $8−25% NeedhamHold Kept ratingReiterated Nov 10 BairdHold Cut price target −17%, kept ratingCut target Nov 10 $5from $6−17% Morgan StanleySell Cut price target −40%, kept ratingCut target Oct 15 $3from $5−40% RBC CapitalHold Cut price target −43%, kept ratingCut target Oct 12 $4from $7−43%
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.