What the analyst said
Benchmark analyst Mickey Legg reiterated a Buy rating and $5.00 price target on Lucid Group Inc. (NASDAQ: LCID).
“We spoke with LCID’s new Interim CEO, Marc Winterhoff, and CFO, Taoufiq Boussaid, yesterday and came away confident in the new team’s ability to grow sales and scale manufacturing through 2025. Prior, Marc served as LCID’s COO since December 2023.
Previous CEO Peter Rawlinson will remain as Advisor to the Chairman of the Board for 24 months. We believe the company is transitioning to a new stage with a focus on expanding scale and cost efficiencies in preparation for its midsize vehicle, slated for SOP in late 2026.
The company’s goals for the year are to grow sales, improve manufacturing efficiencies, and create brand awareness. Longer-term, we believe profitability will be unlocked with the lower-cost midsize platform (<$50k) and licensing agreements.
The company has indicated that it is in discussion with several OEMs for potential technology licensing agreements.”
Price Target note: Lucid completed a 1-for-10 reverse stock split on September 2, 2025. The price targets in this note predate the split and are quoted in pre-split share terms; multiply them by 10 to compare with the share price after the split.
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.
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Where the price stands
LCID trades at $3.67. The 6 analysts who set a target in the last 3 months range from $3 to $9, with a median of $4.50. This $5 target is 11% above the median.
Since the note LCID has moved −82% (from $20.90). The 12-month window closed on March 7, 2026.
Track record
This call✗ Not reached within 12 months: a year after the note LCID closed at $9.92, 80% below the $50 target, and it moved the other way. Prices are split-adjusted. Same target as this firm’s February 12, 2025 note, so it is scored there.
Firm track recordStoneX: 71% of its 24 targets at least a year old were reached within 12 months (#18 of 26 firms); on Lucid, 0 of 3. Accuracy ranking →
StoneX on Lucid
StoneX price targets on Lucid
8 calls from February 12, 2025 to November 13, 2025. The target went from $5 to $3 (−40%). The rating stayed Buy.
- November 13, 2025Target cut from $7 (−57%)Buy$3
- August 6, 2025Kept the $7 targetBuy$7
- July 17, 2025Kept the $7 targetBuy$7
- July 17, 2025Target raised from $5 (+40%)Buy$7
- July 10, 2025Kept the $5 targetBuy$5
- April 4, 2025Kept the $5 targetBuy$5
- March 7, 2025 This noteKept the $5 targetBuy$5
- February 12, 2025Earliest call shownBuy$5
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.
Other analysts on Lucid
CitiBuy
Cut price target −18%, kept ratingCut target · Nov 11
$9from $11−18%
TD CowenHold
Cut price target −43%, kept ratingCut target · Nov 10
$4from $7−43%
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%