LCID

Lucid Group's stock has experienced a decline in price over the past six months, with the share price decreasing from $23.10 on May 8, 2025, to $6.05 on May 7, 2026. Key events impacting the stock include mixed financial results for Q1 2026, with revenue growth overshadowed by a widening net loss and declining gross margins. Management paused full-year production guidance and announced a business review. Lucid raised over $1 billion through various means, including investments from Uber and the Public Investment Fund (PIF) of Saudi Arabia. Lucid expanded its partnership with Uber to a minimum of 35,000 Robotaxis. Production increased in Q1 2026, but deliveries remained flat, and a supplier issue temporarily impacted Gravity deliveries. Brokerages have assigned Lucid Group a consensus rating of "Reduce."