Cantor Reiterates Neutral on Lucid, $8 PT
Cantor Fitzgerald reiterated a Neutral rating and $8 price target on Lucid (LCID) on Jul 2, 2026, after the company pre-announced second-quarter results.
Lucid delivered 3,953 vehicles in Q2 2026 — below Visible Alpha consensus of 4,618, though above the 3,309 delivered a year earlier — and produced 4,774 vehicles, roughly in line with Cantor’s 4,689 estimate and below the 5,280 consensus.
Management is expected to update its full-year 2026 production guidance (previously 25,000–27,000 units) alongside Q2 results, and Lucid named Alexander De Bock incoming CFO.
LCID reports Q2 earnings on Aug 4, 2026.
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