RRBC Capital LLucid · LCID
RBC Capital Lowers Lucid’s Price Target to $10
Rating
Hold
Price target
$10
Previous
$14
Implied downside
-3%
RBC Capital analyst Tom Narayan lowered on February 26, 2026, the price target on Lucid to $10 (from $14) while maintaining a ‘Sector Perform’ rating.
“Despite the Q4/25 GP miss, unit economics appear to be improving.
That said, we were disappointed by the lower-than-expected ’26 production guide and the Q4/25 production restatement.
While their robotaxi program appears on track, we are concerned about competition and limited software revenues near-term.
We expect to learn more about LCID’s autonomy solutions and path to profitability during its investor day in March.
We lower our PT to $10 from $14, which supports our Sector Perform rating.”
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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.
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