Cantor Reiterates Lucid’s $26 PT Ahead of Q3 Delivery Results
- Rating
- Neutral
- Unchanged
- Target
- $26
- Unchanged
- Outcome
- Missed
- within 12 months
What the analyst said
Cantor Fitzgerald analyst Andres Sheppard reiterated October 6, 2025, its $26 price target on Lucid Motors, while maintaining a ‘Neutral’ rating on the stock.
“On-Deck, We Expect It to Pre-Announce Today
In FY24, LCID produced/delivered 9,029/10,241 vehicles, respectively, and so far in 1H25, Lucid has produced/delivered 6,075/6,418 vehicles, respectively.
The company is guiding to produce 18,000-20,000 vehicles in FY25, and for 3Q25, Consensus is expecting 4,286 deliveries, and 5,175 vehicles produced.
For FY25, consensus is currently modeling 15,669/17,800 vehicles delivered and produced, respectively.”
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 $26 target is 333% above the median, the highest on the Street.
Since the note LCID has moved −87% (from $24.77). The 12-month window closed on October 6, 2026.
Track record
This call✗ Not reached within 12 months: a year after the note LCID closed at $4.15, 84% below the $26 target, and it moved the other way. Same target as this firm’s September 24, 2025 note, so it is scored there.
Firm track recordCantor: 80% of its 55 targets at least a year old were reached within 12 months (#10 of 26 firms); on Lucid, 4 of 5. Accuracy ranking →
Cantor on Lucid
Cantor price targets on Lucid
8 calls from August 6, 2025 to January 5, 2026. The target went from $30 to $21 (−30%). The rating stayed Hold.
- January 5, 2026Kept the $21 targetHold$21
- November 6, 2025Target cut from $26 (−19%)Hold$21
- October 6, 2025 This noteKept the $26 targetHold$26
- September 29, 2025Kept the $26 targetHold$26
- September 24, 2025Target raised from $20 (+30%)Hold$26
- September 8, 2025Kept the $20 targetHold$20
- September 5, 2025Target cut from $30 (−33%)Hold$20
- August 6, 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.
