Wall Street analysts remain cautious about… Lucid Collection (Nasdaq: LCD), but their latest forecasts suggest the electric car maker could achieve significant upside over the next 12 months.
According to data collected from 11 analysts TipRanksAverage LCID stock The target price is $9.75, which represents a potential upside of ~64.7% from the closing price of $5.92.
The highest price target for Lucid stock is $17, while the lowest is $5. The average target of $9.75 falls between these two extremes and reflects Wall Street’s consensus expectations for the next 12 months.
The consensus rating is “Hold”. In this case, among the analysts covering the stock, one recommends a “buy,” eight recommend a “hold,” and two maintain “sell” ratings.
The outlook reflects a market that sees opportunities for growth but remains cautious about the challenges facing the luxury electric car maker, including concerns about profitability and competition from larger automakers.
The bullish outlook indicates that analysts see a path forward for Lucid to successfully implement its growth strategy and expand vehicle deliveries. Meanwhile, the downward target signals concerns about execution risks and broader headwinds in the industry.
LCID Breakdown Stock Analyst
Among analysts, Citi’s Michael Ward cut Lucid’s stock price target to $14 from $17 after weaker-than-expected first-quarter 2026 results and pulled the company’s full-year outlook, while maintaining a “buy” rating. Ward acknowledged concerns about Lucid’s revenue of $282 million, net loss of nearly $1 billion, and ongoing execution challenges, but said the company’s long-term investment case remains sound. Its bullish stance is largely related to catalysts expected in 2027, particularly the launch of production at Lucid’s new factory in Saudi Arabia and lower capital expenditures, which Citi believes could improve manufacturing economics and support the company’s path to profitability.
Needham’s Andrew Percoco, on the other hand, maintained a “Hold” rating following Lucid’s Q1 2026 results, arguing that while the long-term growth story remains supported by initiatives such as the Uber-Nuro robotaxi partnership, the Gravity production ramp, and the development of a mid-sized platform, significant challenges remain. The company noted that Lucid’s recent capital increase will strengthen its liquidity position through the second half of 2027, but cited high inventory levels, deteriorating gross margins, negative unit economics, and weak demand for electric vehicles as key risks.
On the other hand, Morgan Stanley Analyst Adam Jonas reiterated his “Underweight” rating and lowered his price target to $5 from $10 after the company’s disappointing results in the first quarter of 2026. Jonas cited several concerns, including a temporary halt to sales of the Gravity SUV due to a supplier-related quality issue, the withdrawal of Lucid’s 2026 production guidance, leadership uncertainty during the CEO transition, and ongoing operational challenges. He also highlighted weak delivery numbers, very negative gross margins, and significant cash burn, arguing that Lucid is likely to remain under pressure until management provides greater clarity on its strategy and execution plans.
