Cantor Fitzgerald Reiterates Neutral on Lucid, $20 Price Target
- Rating
- Neutral
- Unchanged
- Target
- $20
- Unchanged
- Outcome
- Reached
- on September 17, 2025
What the analyst said
Cantor Fitzgerald analyst Andres Sheppard reiterated a Neutral rating and $20 price target on Lucid Group Inc.
(NASDAQ: LCID).
“On 9/2, Lucid Group completed a 1-for‑10 reverse stock split, consolidating ~3.07B outstanding shares into ~307.3M.
This move reduced the authorized common shares from 15B to 1.5B and increased the pershare price from ~$1.98 at market close on 8/29 to $18.90 at market open 9/2.
With the reverse split, management is hoping Lucid’s equity shares will be accessible to a “broader universe of long-only institutional investors.” Following the reverse stock-split, we adjusted our 12-month Price Target to $20 (from $3 prior).
We will be hosting LCID’s Interim CEO and CFO for investor meetings in NY on 9/22.”
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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 $20 target is 233% above the median, the highest on the Street.
Since the note LCID has moved −82% (from $18.41). The 12-month window closed on September 8, 2026.
Track record
This call✓ Target reached on September 17, 2025, 12 days after the note. Same target as this firm’s September 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 July 14, 2025 to September 29, 2025. The target went from $30 to $26 (−13%). The rating stayed Hold.
- September 29, 2025Kept the $26 targetHold$26
- September 24, 2025Target raised from $20 (+30%)Hold$26
- September 8, 2025 This noteKept the $20 targetHold$20
- September 5, 2025Target cut from $30 (−33%)Hold$20
- August 6, 2025Kept the $30 targetHold$30
- August 4, 2025Kept the $30 targetHold$30
- July 28, 2025Kept the $30 targetHold$30
- July 14, 2025Earliest call shownHold$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.
