Cantor Lucid · LCID

Cantor Fitzgerald Reiterates Neutral on Lucid, $3 Price Target

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

Cantor Fitzgerald analyst Andres Sheppard reiterated a Neutral rating and $3.00 price target on Lucid Group Inc.

(NASDAQ: LCID).

“Our Neutral Rating and 12-Month $3 PT on LCID is Unchanged, Pending a Model Update. We arrive at our $3 PT via a bottom-up 10-year DCF.

We assume an 11% WACC and a terminal value with a 2% long-term growth rate.

Key risks include: High negative Gross Margins, ability to scale up, capital needs, tariffs, removal of EV tax credit, and slowdown in EV demand.”

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 $3.29. 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 −84% (from $20.50). The 12-month window closed on July 3, 2026.

Track record

This call✓ Target reached on July 17, 2025, 2 months after the note. Prices are split-adjusted. Same target as this firm’s May 5, 2025 note, so it is scored there.

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 April 7, 2025 to July 14, 2025. The target stayed at $3. The rating stayed Hold.

Cantor targetLCID share price
  1. July 14, 2025Kept the $3 targetHold$3
  2. July 7, 2025Kept the $3 targetHold$3
  3. July 3, 2025 This noteKept the $3 targetHold$3
  4. June 16, 2025Kept the $3 targetHold$3
  5. May 12, 2025Rating only, no price targetHoldNo target
  6. May 7, 2025Kept the $3 targetHold$3
  7. May 5, 2025Set a $3 targetHold$3
  8. April 7, 2025Earliest call shownHoldNo target
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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 StoneXHold Kept rating Oct 6 BairdHold Kept rating and price target Oct 6 $6maintained CitiBuy Cut price target −21%, kept rating Aug 18 $11from $14
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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.