Baird Lucid · LCID

Baird Raises Lucid Price Target to $3

Analyst: Ben Kallo 1 min read Reproduced verbatim
Rating
Neutral
Target
$3
Outcome
Reached
on July 17, 2025
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What the analyst said

Baird analyst Ben Kallo raised the price target on Lucid Group Inc.

(NASDAQ: LCID) to $3.00 (from $2.00) while maintaining a Neutral rating.

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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 $2.98. 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 $23.80). The 12-month window closed on April 21, 2026.

Track record

This call✓ Target reached on July 17, 2025, 3 months after the note. Prices are split-adjusted.

Firm track recordBaird: 90% of its 31 targets at least a year old were reached within 12 months (#1 of 26 firms); on Lucid, 2 of 2. Accuracy ranking →

Baird on Lucid

Baird price targets on Lucid

8 calls from April 21, 2025 to May 6, 2026. The target went from $3 to $0.60 (−80%). The rating stayed Hold.

Baird targetLCID share price
  1. May 6, 2026Target cut from $1.20 (−50%)Hold$0.60
  2. April 15, 2026Target cut from $1.40 (−14%)Hold$1.20
  3. March 13, 2026Target raised from $1.30 (+8%)Hold$1.40
  4. February 25, 2026Target cut from $1.40 (−7%)Hold$1.30
  5. January 6, 2026Target cut from $1.70 (−18%)Hold$1.40
  6. November 6, 2025Target cut from $2 (−15%)Hold$1.70
  7. August 6, 2025Target cut from $3 (−33%)Hold$2
  8. April 21, 2025 This noteEarliest call shownHold$3

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

Morgan StanleySell Cut price target −40%, kept rating Oct 15 $3from $5 RBC CapitalHold Cut price target −43%, kept rating Oct 12 $4from $7 CantorHold Kept rating and price target Oct 12 $8maintained StoneXHold Kept rating Oct 6 CantorHold Kept rating and price target Oct 5 $8maintained
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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.