Bank of America Lucid · LCID

BofA Securities Assumes Lucid at Underperform, $10 Price Target

1 min read Reproduced verbatim
Rating
Underperform
Target
$10
from $1 (+900%)
Outcome
Reached
on March 5, 2026

The median of 6 current targets on Lucid is $4.50. Bank of America has reached 75% of its year-old targets (57 scored).

Bank of America and Lucid logos

What the analyst said

BofA Securities analyst Alex Perry assumes coverage on Lucid Group Inc. (NASDAQ: LCID) with an Underperform rating and a price target of $10.00.

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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.

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 $3.67. The 6 analysts who set a target in the last 3 months range from $3 to $9, with a median of $4.50. This $10 target is 122% above the median, the highest on the Street.

Since the note LCID has moved −64% (from $10.11). 12-month window: day 253 of 365, closes on March 4, 2027.

Track record

This call✓ Target reached on March 5, 2026, 1 day after the note.

Firm track recordBank of America: 75% of its 57 targets at least a year old were reached within 12 months (#17 of 26 firms); on Lucid, 6 of 10. Accuracy ranking →

Bank of America on Lucid

Bank of America price targets on Lucid

8 calls from September 11, 2024 to March 4, 2026. The target went from $35.50 to $10 (−72%). The rating moved from Hold to Sell.

Bank of America targetLCID share price
  1. March 4, 2026 This noteKept the $10 targetSell$10
  2. August 6, 2025Kept the $10 targetSell$10
  3. July 17, 2025Kept the $10 targetSell$10
  4. May 7, 2025Kept the $10 targetSell$10
  5. February 26, 2025Downgraded to Sell, target cut from $28.00 (−64%)Sell$10
  6. November 21, 2024Target cut from $34 (−18%)Hold$28.00
  7. October 17, 2024Target cut from $35.50 (−4%)Hold$34
  8. September 11, 2024Earliest call shownHold$35.50

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

CitiBuy Cut price target −18%, kept ratingCut target Nov 11 $9from $11−18% 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%
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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.