RBC Capital Lowers Lucid Price Target to $4

October 12, 2026 Analyst: Tom Narayan 1 min read Reproduced verbatim
Rating
Hold
Target
$4
from $7 (−43%)
Upside
+16%
LCID at $3.44 today
RBC Capital and Lucid logos

What the analyst said

RBC Capital analyst Tom Narayan lowered the price target on Lucid Group Inc.

(NASDAQ: LCID) to $4.00 (from $7.00) while maintaining a Sector Perform rating.

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 $3.44. The 5 analysts who set a target in the last 3 months range from $4 to $11, with a median of $6. This $4 target is 33% below the median, the lowest on the Street.

12-month window: day 0 of 365, closes on October 12, 2027.

Track record

This callOpen: a 12-month target, scored on October 12, 2027, a year after the note.

Firm track recordRBC Capital: 75% of its 8 targets at least a year old were reached within 12 months (#17 of 20 firms). Accuracy ranking →

RBC Capital on Lucid

RBC Capital price targets on Lucid

5 calls from January 14, 2026 to October 12, 2026. The target went from $14 to $4 (−71%). The rating stayed Hold.

RBC Capital targetLCID share price
  1. October 12, 2026 This noteTarget cut from $7 (−43%)Hold$4
  2. July 13, 2026Target cut from $8 (−13%)Hold$7
  3. April 13, 2026Target cut from $10 (−20%)Hold$8
  4. February 26, 2026Target cut from $14 (−29%)Hold$10
  5. January 14, 2026Earliest call shownHold$14
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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.