Cantor Lucid · LCID

Cantor Fitzgerald Affirms 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
Cantor and Lucid logos

What the analyst said

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

(NASDAQ: LCID).

“LCID recently announced it had partnered with Uber (UBER, OW, covered by D. Mathivanan) and Nuro (private) to launch a “next-generation autonomous robotaxi program” exclusively for the Uber platform.

More specifically, LCID plans to deploy >20,000 Lucid Gravity electric SUVs (equipped with Nuro’s Level 4 selfdriving system) over six years, beginning in late 2026.

This initiative will combine Lucid’s long-range EVs with Nuro’s AI-powered autonomy and Uber’s ride-hailing network.

As part of this agreement, SMB Holding Corporation, a subsidiary of Uber, will invest ~$300M into LCID shares via private placement.

Separately, on 7/15, LCID announced that it had updated its ADAS capabilities on its vehicles to enable Hands-Free Drive Assist and Hands-Free Lane Change Assist, which are now available via an over-the-air update, scheduled for release on 7/30.”

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 $3.29. 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 −89% (from $29.20). The 12-month window closed on July 28, 2026.

Track record

This call✓ Target reached on July 17, 2025, 10 days after the note. Prices are split-adjusted. Same target as this firm’s July 7, 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 May 12, 2025 to August 6, 2025. The target stayed at $3. The rating stayed Hold.

Cantor targetLCID share price
  1. August 6, 2025Kept the $3 targetHold$3
  2. August 4, 2025Kept the $3 targetHold$3
  3. July 28, 2025 This noteKept the $3 targetHold$3
  4. July 14, 2025Kept the $3 targetHold$3
  5. July 7, 2025Kept the $3 targetHold$3
  6. July 3, 2025Kept the $3 targetHold$3
  7. June 16, 2025Set a $3 targetHold$3
  8. May 12, 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.