Baird Lucid · LCID

Baird Lowers Lucid Price Target to $5

Analyst: Ben Kallo 1 min read Reproduced verbatim
Rating
Neutral
Target
$5
from $6 (−17%)
Upside
+30%
LCID at $3.86 today

3rd-highest of 6 current targets on Lucid, 11% above the $4.50 median. Baird has reached 91% of its year-old targets (32 scored).

Baird and Lucid logos

What the analyst said

Baird analyst Ben Kallo lowered the price target on Lucid Group Inc.

(NASDAQ: LCID) to $5.00 (from $6.00) while maintaining a Neutral 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 $3.86. The 6 analysts who set a target in the last 3 months range from $3 to $11, with a median of $4.50. This $5 target is 11% above the median.

12-month window: day 0 of 365, closes on November 10, 2027.

Track record

This callOpen: a 12-month target, scored on November 10, 2027, a year after the note.

Firm track recordBaird: 91% of its 32 targets at least a year old were reached within 12 months (#1 of 26 firms); on Lucid, 3 of 3. Accuracy ranking →

Baird on Lucid

Baird price targets on Lucid

8 calls from January 6, 2026 to November 10, 2026. The target went from $14 to $5 (−64%). The rating stayed Hold.

Baird targetLCID share price
  1. November 10, 2026 This noteTarget cut from $6 (−17%)Hold$5
  2. October 6, 2026Kept the $6 targetHold$6
  3. July 6, 2026Kept the $6 targetHold$6
  4. May 6, 2026Target cut from $12 (−50%)Hold$6
  5. April 15, 2026Target cut from $14 (−14%)Hold$12
  6. March 13, 2026Target raised from $13 (+8%)Hold$14
  7. February 25, 2026Target cut from $14 (−7%)Hold$13
  8. January 6, 2026Earliest call shownHold$14
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Other analysts on Lucid

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 Morgan StanleySell Cut price target −40%, kept ratingCut target Oct 15 $3from $5−40% RBC CapitalHold Cut price target −43%, kept ratingCut target Oct 12 $4from $7−43%
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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.