Morgan Stanley has downgraded Lucid Group Inc (LCID) to Underweight from Equal-Weight, reflecting increased caution regarding the company's outlook. This revision may be driven by concerns over competitive pressures and market conditions that could impact performance.
As of December 7, 2025, Lucid's stock is trading at $12.20, with a market capitalization of $4.3 billion. The company, which manufactures electric vehicles including the Lucid Air and Lucid Gravity, has faced challenges in meeting earnings expectations. Its recent financial performance has shown volatility, with a reported EPS of $-2.65 in Q3 2025, which was below analysts’ estimates.
Looking ahead, Lucid is scheduled to report its next earnings on August 3, 2026, with analysts estimating an EPS of $-1.50 and revenue of $492.2 million. The company employs approximately 6,800 full-time employees and went public on July 29, 2020.
Analyst ratings serve as a professional perspective based on extensive research and financial modeling. However, they represent assumptions that may not always materialize as anticipated. Investors are advised to consider various factors, including company fundamentals and industry trends, rather than relying solely on analyst opinions.
Analyst consensus currently stands at Hold, with recent ratings showing a mix of opinions, including 0 Strong Buy, 1 Buy, 12 Hold, 4 Sell, and 3 Strong Sell among 20 analysts surveyed as of December 1, 2025.