LCID, US5494982029

Morgan Stanley cuts target to USD 3.00 for Lucid Group stock

Published on 10/15/2026 at 22:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lucid will discuss third-quarter results on November 9, 2026. Lucid Group stock costs EUR 3.11 on October 15, 2026, up 6.38 percent on Nasdaq.

Analyst target and earnings date

Morgan Stanley lowered its Lucid target to USD 3.00 on October 15, 2026.
Lucid's next earnings call is scheduled for November 9, 2026.
Lucid Group stock costs EUR 3.11 at Lang & Schwarz on October 15, 2026 at 10:39 p.m. CEST, up 6.38 percent on Nasdaq.
Lucid had a USD 1.1 billion market capitalization and a negative 0.26 P/E ratio on October 15, 2026.

LCID, US5494982029, Illustration mit AI erstellt.

Lucid Group (ISIN US5494982029) faces a lower analyst valuation after Morgan Stanley cut its price target from USD 5.00 to USD 3.00 on October 15, 2026, according to MarketBeat. The new target lies 14.29 percent below Lucid's USD 3.50 Nasdaq price at 4:00 p.m. ET on October 15, 2026. Lucid Group stock was trading at EUR 3.11 at Lang & Schwarz on October 15, 2026 at 10:39 p.m. CEST, up 6.38 percent on Nasdaq.

Lucid schedules November earnings

Lucid's next reporting event is the third-quarter 2026 earnings call on November 9, 2026, at 5:30 p.m. ET. The date was announced in the company's October 5, 2026 release, which is available from Lucid Group.

Revenue growth meets a weak earnings profile

Second-quarter 2026 revenue reached USD 405.35 million, an increase of 56.20 percent from the year-earlier quarter, while the company reported a USD 2.78 adjusted earnings-per-share loss, according to MarketBeat. The revenue gain therefore sits alongside a large quarterly loss, keeping the November update important for investors.

Price position and valuation

Lucid's Nasdaq price of USD 3.50 on October 15, 2026 stood 84.00 percent below its USD 21.85 52-week high and 47.68 percent above its USD 2.37 low. Trading volume was 9,629,258 shares against an average of 12,716,584 shares on the same date. The market capitalization was USD 1.1 billion, and the P/E ratio was negative 0.26.

Comparison with peers

LCID (Nasdaq, USD): plus 6.38 percent, P/E negative 0.26, market capitalization USD 1.1 billion.
Rivian Automotive (Nasdaq, USD): plus 0.54 percent, P/E negative 5.05, market capitalization USD 18.8 billion.
Tesla (Nasdaq, USD): minus 1.29 percent, P/E 335.59, market capitalization USD 1.4 trillion.

Trading stays sharply above the prior session

Lucid Group's euro quotation finished the extended session at EUR 3.11 at Lang & Schwarz on October 15, 2026 at 10:39 p.m. CEST, up 6.38 percent on the day on Nasdaq. The next fixed company date is the third-quarter earnings call on November 9, 2026.

The further course of trading is shown by the continuously updated real-time quote of Lucid Group stock.