PEAK6 LLC Trims Holdings in Lucid Group, Inc. $LCID

PEAK6 LLC lowered its holdings in shares of Lucid Group, Inc. (NASDAQ:LCID) by 93.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,362 shares of the company’s stock after selling 370,998 shares during the period. PEAK6 LLC’s holdings in Lucid Group were worth $268,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Jain Global LLC increased its stake in Lucid Group by 13.3% in the fourth quarter. Jain Global LLC now owns 10,220 shares of the company’s stock valued at $108,000 after purchasing an additional 1,200 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Lucid Group by 3.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 37,146 shares of the company’s stock worth $393,000 after buying an additional 1,336 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in shares of Lucid Group by 11.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 13,590 shares of the company’s stock worth $144,000 after buying an additional 1,430 shares during the period. SBI Securities Co. Ltd. grew its holdings in shares of Lucid Group by 9.6% during the fourth quarter. SBI Securities Co. Ltd. now owns 17,970 shares of the company’s stock worth $190,000 after buying an additional 1,569 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Lucid Group by 16.0% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 11,645 shares of the company’s stock worth $123,000 after buying an additional 1,604 shares during the last quarter. 75.17% of the stock is owned by hedge funds and other institutional investors.

Lucid Group Price Performance

LCID stock opened at $5.36 on Friday. The stock has a market capitalization of $2.09 billion, a PE ratio of -0.41 and a beta of 0.89. The company has a fifty day moving average of $6.24 and a 200-day moving average of $9.18. The company has a debt-to-equity ratio of 3.00, a quick ratio of 0.48 and a current ratio of 1.02. Lucid Group, Inc. has a one year low of $4.47 and a one year high of $33.70.

Lucid Group (NASDAQ:LCID) last issued its quarterly earnings results on Tuesday, May 5th. The company reported ($2.82) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.53) by ($0.29). The firm had revenue of $282.46 million for the quarter, compared to analyst estimates of $358.46 million. Lucid Group had a negative return on equity of 304.01% and a negative net margin of 248.09%.The company’s revenue was up 20.2% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.20) earnings per share. As a group, analysts expect that Lucid Group, Inc. will post -10.75 EPS for the current year.

Lucid Group News Roundup

Here are the key news stories impacting Lucid Group this week:

• Negative Sentiment: Lucid is facing a securities fraud class action and repeated investor alerts, which can weigh on sentiment and raise legal-risk concerns for shareholders. Bronstein, Gewirtz & Grossman LLC Urges Lucid Group, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
• Negative Sentiment: Several firms, including Rosen, The Gross Law Firm, Schall, Pomerantz, Berger Montague, and others, are advertising lead-plaintiff deadlines, underscoring that the litigation is active and may keep attention on Lucid’s alleged disclosure issues. LCID Shareholder Alert: July 28, 2026 Lead Plaintiff Deadline in Lucid Group, Inc. Securities Class Action – Contact The Gross Law Firm
• Neutral Sentiment: Separately, Lucid announced a partnership with Uber and Nuro to deploy autonomous robo-taxis in Houston starting in 2027, which could be strategically positive long term but is too early to materially offset the legal overhang today. Lucid (LCID) Teams Up With Uber And Nuro For Houston Robo Taxis

Analyst Ratings Changes

LCID has been the subject of several analyst reports. Evercore set a $6.00 price objective on Lucid Group in a research note on Monday, May 11th. Royal Bank Of Canada lowered their target price on Lucid Group from $10.00 to $8.00 and set a “sector perform” rating on the stock in a research note on Monday, April 13th. Robert W. Baird set a $6.00 target price on Lucid Group in a research note on Wednesday, May 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of Lucid Group in a report on Friday, March 27th. Finally, Morgan Stanley set a $5.00 price target on Lucid Group in a research note on Wednesday, May 6th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $9.67.

About Lucid Group

Lucid Group, Inc is a California-based electric vehicle manufacturer specializing in the design, engineering and production of luxury electric sedans. Its flagship model, the Lucid Air, features a proprietary battery and powertrain architecture that emphasizes energy efficiency, extended driving range and high performance. In addition to passenger vehicles, Lucid offers charging solutions and software-enabled services aimed at optimizing the ownership experience and accelerating adoption of zero-emission transportation.

The company was founded in 2007 under the name Atieva, initially focusing on battery technology and electric powertrains for other automakers before transitioning to its own branded vehicles.