Krane Funds Advisors LLC Has $1.07 Million Stock Position in Lucid Group, Inc. $LCID

Krane Funds Advisors LLC cut its holdings in shares of Lucid Group, Inc. (NASDAQ:LCID) by 92.3% in the 3rd quarter, Holdings Channel reports. The firm owned 45,154 shares of the company’s stock after selling 542,615 shares during the period. Krane Funds Advisors LLC’s holdings in Lucid Group were worth $1,074,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Geode Capital Management LLC raised its holdings in shares of Lucid Group by 7.4% during the 2nd quarter. Geode Capital Management LLC now owns 22,642,839 shares of the company’s stock worth $47,784,000 after buying an additional 1,554,419 shares in the last quarter. Marshall Wace LLP grew its position in Lucid Group by 2,398.5% in the second quarter. Marshall Wace LLP now owns 12,652,537 shares of the company’s stock valued at $26,697,000 after acquiring an additional 12,146,136 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Lucid Group by 39.2% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,309,476 shares of the company’s stock valued at $25,973,000 after acquiring an additional 3,465,542 shares during the last quarter. Norges Bank acquired a new position in Lucid Group during the second quarter worth about $16,469,000. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Lucid Group by 112.0% in the first quarter. Goldman Sachs Group Inc. now owns 5,440,620 shares of the company’s stock worth $13,166,000 after acquiring an additional 2,874,603 shares during the last quarter. Institutional investors own 75.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Stifel Nicolaus reduced their price target on shares of Lucid Group from $21.00 to $17.00 and set a “hold” rating on the stock in a research note on Monday, November 17th. Morgan Stanley downgraded shares of Lucid Group from a “buy” rating to an “underweight” rating and dropped their price objective for the company from $30.00 to $10.00 in a research note on Monday, December 8th. Benchmark reaffirmed a “buy” rating on shares of Lucid Group in a research note on Thursday. Cantor Fitzgerald reiterated an “overweight” rating on shares of Lucid Group in a report on Wednesday, November 19th. Finally, Royal Bank Of Canada dropped their price target on Lucid Group from $20.00 to $14.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 14th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $19.88.

More Lucid Group News

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

• Positive Sentiment: Technical setup: some analysts point to a falling-wedge chart pattern that could trigger a sharp post-earnings bounce if results or guidance beat expectations. Lucid stock falling wedge pattern points to a surge after earnings
• Positive Sentiment: Product / longer-term upside: commentary highlights Lucid’s strong vehicles and the potential to launch a lower-priced ~$50k EV later this year, which could expand addressable market if execution succeeds. Should You Buy Lucid While It’s Below $10?
• Neutral Sentiment: Earnings preview: analysts and previews list Q4 and FY guidance as the key near-term catalyst — delivery, ASPs, margins and cash burn figures will drive the stock reaction. Expectations appear mixed, so results could swing sentiment either way. Lucid Q4 earnings of deck: What to expect
• Neutral Sentiment: Earnings calendar reminders: multiple outlets flag Lucid’s Q4 report as the immediate focus for investors monitoring production, deliveries and guidance. Short-term volatility is likely around the print. Earnings To Watch: Lucid Group Inc (LCID) Reports Q4 2025 Result
• Neutral Sentiment: Q4 preview emphasizes layoffs and EV demand as dual themes — investors will parse whether cost cuts offset softer demand and what that means for cash runway. Lucid Q4 Earnings Preview — What To Expect From Upcoming Report
• Neutral Sentiment: Pre-earnings buy/sell debate: some retail/independent pieces assess LCID as a buy ahead of earnings, but emphasize high risk and reliance on a clean print to improve sentiment. Is Lucid (LCID) Stock a Buy Ahead of Earnings Tuesday
• Negative Sentiment: Workforce reduction: Lucid is reported to cut about 12% of its U.S. staff (excludes hourly production workers), signaling management is trimming costs amid softer demand — a near-term negative for sentiment. Lucid trims US workforce 12%
• Negative Sentiment: Layoff coverage: broader media reports on the 12% cuts reinforce concerns about demand and execution risk, pressuring investor confidence. Lucid Group to lay off 12% of workforce — report
• Negative Sentiment: Analyst stance: broker consensus shows a “Reduce” rating from coverages cited, which can weigh on flows and limit upside until fundamentals improve. Lucid Group, Inc. (NASDAQ:LCID) Given Consensus Rating of “Reduce” by Brokerages

Lucid Group Price Performance

Shares of NASDAQ:LCID opened at $9.44 on Tuesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.34 and a current ratio of 1.81. Lucid Group, Inc. has a 52 week low of $9.12 and a 52 week high of $33.70. The firm has a market cap of $3.06 billion, a PE ratio of -0.88 and a beta of 1.16. The firm’s fifty day moving average is $10.81 and its 200-day moving average is $15.90.

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.