Baird Lucid · LCID

Baird Reiterates Neutral on Lucid, $6 Price Target

Analyst: Ben Kallo 1 min read Reproduced verbatim
Rating
Neutral
Unchanged
Target
$6
Unchanged
Outcome
Reached
on July 7, 2026
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What the analyst said

Baird analyst Ben Kallo reiterated a Neutral rating and $6.00 price target on Lucid Group Inc. (NASDAQ: LCID).

“Several leadership transition announcements highlight Q2 deliveries release. LCID announced Q2 deliveries which missed our/consensus estimates despite growing both sequentially and y/y.

More importantly, the company announced several leadership actions which are intended to streamline organizational structure, and we believe to be part of new CEO Silvio Napoli’s review of the business.

Among these actions is the departure of CFO Taoufiq Boussaid who will be replaced by Alexander De Bock following the Q2 EPS report.

LCID will report full Q2 results after the close on Tuesday, August 4.”

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 $3.29. The 5 analysts who set a target in the last 3 months range from $3 to $11, with a median of $6. This $6 target is in line with the median.

Since the note LCID has moved −46% (from $6.08). 12-month window: day 123 of 365, closes on July 6, 2027.

Track record

This call✓ Target reached on July 7, 2026, 1 day after the note.

Firm track recordBaird: 90% of its 31 targets at least a year old were reached within 12 months (#1 of 26 firms); on Lucid, 2 of 2. Accuracy ranking →

Baird on Lucid

Baird price targets on Lucid

8 calls from November 6, 2025 to October 6, 2026. The target went from $17 to $6 (−65%). The rating stayed Hold.

Baird targetLCID share price
  1. October 6, 2026Kept the $6 targetHold$6
  2. July 6, 2026 This noteKept the $6 targetHold$6
  3. May 6, 2026Target cut from $12 (−50%)Hold$6
  4. April 15, 2026Target cut from $14 (−14%)Hold$12
  5. March 13, 2026Target raised from $13 (+8%)Hold$14
  6. February 25, 2026Target cut from $14 (−7%)Hold$13
  7. January 6, 2026Target cut from $17 (−18%)Hold$14
  8. November 6, 2025Earliest call shownHold$17
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Other analysts on Lucid

Morgan StanleySell Cut price target −40%, kept rating Oct 15 $3from $5 RBC CapitalHold Cut price target −43%, kept rating Oct 12 $4from $7 CantorHold Kept rating and price target Oct 12 $8maintained StoneXHold Kept rating Oct 6 CantorHold Kept rating and price target Oct 5 $8maintained
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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.