Lucid Group (LCID) Reiterated at Overweight by Cantor Fitzgerald

Cantor Fitzgerald analyst Andres Sheppard reiterated an Overweight rating on Lucid Group Inc. (NASDAQ: LCID).

The analyst commented, "Recall LCID is planning to deploy >20,000 Lucid Gravity electric SUVs as Robotaxis over the next six years, and we expect initial rollout to start in 4Q26/1Q27. As part of this partnership, Uber will invest ~$300M into both Lucid and Nuro, and the vehicles will be owned and operated by Uber or its fleet partners. Furthermore, we expect LCID to pursue and to potentially announce additional autonomy partnerships throughout 2026. Separately, on 1/5, LCID pre-announced that it delivered 5,345 vehicles and produced 8,412 vehicles in 4Q25. For FY25, LCID delivered 15,841 vehicles, in-line with Visible Alpha consensus of 15,851 vehicles, above our estimate of 15,390, (and above 10,241 vehicles in FY24). Additionally, In FY25, LCID produced 18,378 vehicles, above annual production guidance of 18,000 vehicles, above our estimate/Visible Alpha consensus of 18,000/17,687 vehicles, (and above 9,029 vehicles in FY24)."

For an analyst ratings summary and ratings history on Lucid Group Inc. click here. For more ratings news on Lucid Group Inc. click here.

Shares of Lucid Group Inc. closed at $11.33 yesterday.

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