Cantor Fitzgerald Weighs in on Lucid Group FY2026 Earnings

Lucid Group, Inc. (NASDAQ:LCID) – Equities research analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for shares of Lucid Group in a research note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst A. Sheppard forecasts that the company will earn ($0.81) per share for the year. Cantor Fitzgerald has a “Neutral” rating and a $3.00 price objective on the stock. The consensus estimate for Lucid Group’s current full-year earnings is ($1.25) per share.

Several other equities analysts have also commented on the stock. Benchmark reaffirmed a “buy” rating and set a $5.00 target price on shares of Lucid Group in a report on Friday, March 7th. Robert W. Baird increased their target price on shares of Lucid Group from $2.00 to $3.00 and gave the company a “neutral” rating in a report on Monday, April 21st. Needham & Company LLC reaffirmed a “hold” rating on shares of Lucid Group in a report on Wednesday, February 26th. Bank of America lowered shares of Lucid Group from a “neutral” rating to an “underperform” rating and reduced their target price for the company from $3.00 to $1.00 in a report on Wednesday, February 26th. Finally, Cowen assumed coverage on shares of Lucid Group in a report on Thursday, March 6th. They set a “hold” rating on the stock. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Lucid Group has an average rating of “Hold” and an average target price of $2.68.

Lucid Group Price Performance

Shares of NASDAQ:LCID opened at $2.16 on Wednesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 3.71 and a quick ratio of 3.26. Lucid Group has a one year low of $1.93 and a one year high of $4.43. The company’s fifty day moving average price is $2.45 and its 200-day moving average price is $2.59. The firm has a market capitalization of $6.59 billion, a price-to-earnings ratio of -1.61 and a beta of 0.81.

Lucid Group (NASDAQ:LCID) last issued its quarterly earnings results on Tuesday, May 6th. The company reported ($0.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.01). The company had revenue of $235.05 million during the quarter, compared to the consensus estimate of $250.50 million. Lucid Group had a negative return on equity of 74.67% and a negative net margin of 406.63%. Lucid Group’s quarterly revenue was up 36.1% on a year-over-year basis. During the same period in the previous year, the company earned ($0.27) EPS.

Institutional Trading of Lucid Group

Several large investors have recently added to or reduced their stakes in the business. Rhumbline Advisers grew its position in Lucid Group by 4.9% during the first quarter. Rhumbline Advisers now owns 814,725 shares of the company’s stock valued at $1,972,000 after buying an additional 38,113 shares during the period. Strs Ohio purchased a new position in Lucid Group during the first quarter valued at approximately $947,000. Focus Partners Wealth lifted its holdings in Lucid Group by 450.9% during the first quarter. Focus Partners Wealth now owns 215,241 shares of the company’s stock valued at $521,000 after purchasing an additional 176,170 shares in the last quarter. Integrity Alliance LLC. purchased a new position in Lucid Group during the first quarter valued at approximately $27,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Lucid Group by 17.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,062,287 shares of the company’s stock valued at $7,411,000 after purchasing an additional 449,656 shares in the last quarter. 75.17% of the stock is currently owned by institutional investors.

Lucid Group Company Profile

Lucid Group, Inc a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services.