Lucid Stock Hits 52-Week Low – Here’s Why

by | Feb 25, 2026 | General

Lucid Group Inc (NASDAQ:LCID) is down in premarket trading Wednesday after reporting mixed fourth-quarter earnings and filing a share resale prospectus supplement.

Lucid posted fourth-quarter revenue of $522.73 million, topping analyst estimates of $469.2 million a 123% year-over-year jump. However, the company reported an adjusted loss of $3.08 per share, missing estimates for a $2.64 loss.

Lucid produced 8,412 vehicles in fourth-quarter, up 116% year-over-year, and delivered 5,345. The company exited the quarter with approximately $4.6 billion in total liquidity.

Share Resale Overhang

Lucid filed to register up to 69.12 million shares for resale — no new shares will be issued. The filing fulfills obligations to an Uber Technologies Inc subsidiary and a Public Investment Fund affiliate, according to Benzinga Pro.

Technical Analysis

Over the past year, Lucid Group has seen a significant downturn, with its stock price decreasing by 61.99%. Currently, the stock is trading at $9.53, which is 7.6% below its 20-day simple moving average (SMA) and a substantial 32.1% below its 100-day SMA.

This positioning near its 52-week low of $9.12 suggests a bearish outlook in both short and long-term perspectives.

Earnings & Analyst Outlook

Looking further out, the next major catalyst for the stock arrives with the May 5, earnings report. Here are the anticipated financials and analyst expectations:

  • EPS Estimate: -$2.56 (Down from -$2.00 YoY)
  • Revenue Estimate: $460.32 million (Up from $235.05 million YoY)

Analyst Consensus & Recent Actions: The stock carries a Hold Rating with an average price target of $9.17. Recent analyst moves include:

  • Morgan Stanley: Downgraded to Underweight (Lowers Target to $10.00) (Dec. 8, 2025)
  • Stifel: Hold (Lowers Target to $17.00) (Nov. 17, 2025)
  • Cantor Fitzgerald: Neutral (Lowers Target to $21.00) (Nov. 6, 2025)

LCID Price Action: Lucid Group shares were down 3.83% at $9.53 during premarket trading on Wednesday. The stock is trading near its 52-week low of $9.11, according to Benzinga Pro data.

Photo: Around the World Photos / Shutterstock