Stifel Lucid · LCID

Stifel Maintains Hold on Lucid, $21 Price Target

Analyst: Stephen Gengaro 1 min read Reproduced verbatim
Rating
Hold
Unchanged
Target
$21
from $2.10 (+900%)
Upside
+457%
LCID at $3.77 today

Stifel’s latest target on Lucid is now $17 (Mar 16, 2026); the median of 6 firms is $4.50. Stifel has reached 83% of its year-old targets (42 scored).

Stifel and Lucid logos

What the analyst said

Stifel analyst Stephen Gengaro raised the price target on Lucid Group Inc.

(NASDAQ: LCID) to $21 (from $2.10) while maintaining a Hold rating.

“We are updating our Lucid target price to $21 from $2.10 to reflect the 1 for 10 reverse stock split that was effective September 2. We maintain our Hold rating.”

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 $3.77. The 6 analysts who set a target in the last 3 months range from $3 to $11, with a median of $4.50. This $21 target is 367% above the median, the highest on the Street.

Since the note LCID has moved −80% (from $18.41). The 12-month window closed on September 8, 2026.

Track record

Firm track recordStifel: 83% of its 42 targets at least a year old were reached within 12 months (#6 of 26 firms); on Lucid, 4 of 4. Accuracy ranking →

Stifel on Lucid

Stifel price targets on Lucid

8 calls from May 12, 2025 to February 25, 2026. The target went from $30 to $17 (−43%). The rating stayed Hold.

Stifel targetLCID share price
  1. February 25, 2026Kept the $17 targetHold$17
  2. November 17, 2025Target cut from $21 (−19%)Hold$17
  3. September 8, 2025 This noteKept the $21 targetHold$21
  4. August 29, 2025Target cut from $30 (−30%)Hold$21
  5. August 6, 2025Kept the $30 targetHold$30
  6. July 17, 2025Kept the $30 targetHold$30
  7. July 3, 2025Kept the $30 targetHold$30
  8. May 12, 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.

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Other analysts on Lucid

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% Morgan StanleySell Cut price target −40%, kept ratingCut target Oct 15 $3from $5−40%
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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.