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TD Cowen Cuts Lucid Group Target Price to $7 and Maintains Hold Rating

Lucid Motors Cuts Production and Sales Forecast and Implements Cost-Cutting Measures

Lucid Group Reports Poor Q1 Earnings but Improves Supply Situation

Lucid Group to Report Q1 2026 Earnings on May 5

Baird and TD Cowen Lower Lucid Group Price Targets, Leading to Stock Decline

LUCID Announces Public Offering of Common Stock; Finances Approximately $1.05 Billion

Lucid Group Signs Loan Amendment and Increases Commitment to $2.5 Billion

Lucid Motors unveils 2027 Gravity series

LUCID USA Recalls 4,476 Vehicles Due to Welding Issues

Citigroup gives a buy rating to Lucid Group with a target price of $17

Lucid Group Unveils Financial and Product Strategies, Deepens Partnership with Uber to Achieve Profitability

Lucid CFO expects mid-term unit costs to decrease by 50% to 60%

Lucid's Interim CEO Unveils Steering Wheel and Pedal-free Autonomous Taxi Concept Car

Lucid Group reports Q4 EPS of negative 3.62 dollars

Lucid Announces 12% Workforce Reduction

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Lucid shares fell 5.63% to $5.70 despite Uber's expansion of its robotaxi fleet from 20,000 to 35,000 vehicles and a $500 million investment for a 2026 U.S. launch. The decline follows a $282 million revenue miss in Q1, with analysts maintaining a cautious Hold rating and average price targets between $8.40 and $12.83 amid concerns over demand and losses.

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Lucid shares drop despite Uber robotaxi expansion boost

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"Every petrol station visit soon adds up."

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EV sales surge 500% as fuel prices climb during Iran conflict

Lucid Group Inc (NASDAQ: LCID) shares fell 5.63% to $5.70 amid broader market concerns, despite progress on its robotaxi partnership with Uber and Nuro. The company faces skepticism over near-term demand following a revenue miss and a production ramp delay. Analysts maintain a Hold rating with an average price target of $11.40, while key technical levels indicate a bearish trend.

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Lucid Stock Falls Despite Progress On Uber Robotaxi: What Investors Need To Know

Lucid Group reported Q1 2026 results with sales of $282.47 million and a net loss of $1.03 billion, while securing $1.05 billion in capital from an expanded partnership with Uber and Saudi Arabia's Public Investment Fund. The deal includes 35,000 vehicle purchases and a $500 million investment for a robotaxi network, shifting Lucid's focus towards fleet and autonomous mobility. Analysts have mixed views on Lucid's profitability and future revenue potential, with some projecting significant upside based on the new partnership.

Simplywall

How Uber Robotaxi Deal And Saudi Backing At Lucid Group (LCID) Has Changed Its Investment Story

MOTO

FTXR

Lucid Group's robotaxi partnership with Uber and Nuro progresses as executive Nick Twork experiences his first autonomous ride. Twork praised the smoothness of the ride, marking a significant milestone just months after the partnership announcement. The premium robotaxi service is set to launch in a major U.S. city in 2026, with plans for Uber to deploy at least 20,000 vehicles. Lucid's Gravity SUV will be utilized, featuring advanced autonomous technology and a long driving range.

benzinga_article

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Lucid's Robotaxi Ambitions Advance As Executive Takes First Ride In Uber-Nuro Partnership Vehicle

The Chesapeake Climate Action Network Action Fund has launched its 8th annual electric car raffle, offering prizes including a Rivian, Lucid, or Porsche EV. Tickets are priced at $200, with only 10,000 available, providing three chances to win. Proceeds support the nonprofit's environmental initiatives. The drawing is set for July 30, and winners will also have their taxes covered. This raffle aims to promote electric vehicle adoption and combat climate pollution.

cleantechnica

8th Annual EV Raffle Launches: One Ticket, Three Prizes! Win a Rivian, Lucid, or Porsche.…

CARU

The NHTSA has closed its investigation into Lucid's over-the-air recall fix for faulty heaters in the Lucid Air without requiring further action. The investigation focused on Lucid's software-based approach to address defective High Voltage Coolant Heaters (HVCH) in certain 2022 and 2023 models. The NHTSA found the strategy effective, with a post-remedy failure rate of just 0.14% and no complaints received. Lucid's system allows for monitoring and alerts for potential failures, distinguishing it from similar cases involving other manufacturers. The NHTSA retains the right to reopen the case if future issues arise.

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NHTSA closes investigation into Lucid’s OTA heater recall fix without further action

Lucid Group Inc (NASDAQ:LCID) shares surged 9.65% to $6.59 on Wednesday as investors shifted focus to its 2027 production ramp narrative, despite recent concerns over a revenue miss of $282.47 million versus the expected $440.43 million. The company faces challenges with direct-to-consumer sales due to restrictive state franchise rules. Analysts maintain a Hold rating with an average price target of $12.83, while the stock remains below key moving averages, indicating a longer-term downtrend. Key resistance is at $7.00 and support at $5.50.

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Lucid Shares Surge Wednesday: What's Driving The Move?

Lucid Motors is closing its Oslo showroom on May 14 after three years due to low sales, consolidating operations at a new facility in Rud Baerum. The company has sold only 31 cars in Norway, with just one registration in 2026. Despite the closure, Lucid remains committed to the Norwegian market and is exploring partnerships. Other EV makers like Xpeng and Polestar have also faced challenges in Norway, while Tesla saw success with record sales in November 2025.

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Lucid Shuts Down Oslo Showroom After Just Three Years Amid Weak Norway Sales

Genesis is set to debut the GV90, a luxury SUV featuring Rolls-Royce-like coach doors, as it targets higher-end markets. An uncovered model was recently found abandoned in a field alongside vehicles from Lucid, Hyundai, and Audi. The GV90, described as the "epitome of timeless design and sophisticated craftsmanship," draws inspiration from Korea's moon-shaped porcelain jars, emphasizing a clean and smooth aesthetic.

Electrek

Genesis GV90 with coach doors found abandoned with no camouflage [Images]

GraniteShares 2x Long LCID Daily ETF(LCDL.US)