Lucid Group, Inc. $LCID reported second-quarter 2026 revenue of $405.3 million, up 56.2% from a year earlier but below the $436.6 million analyst estimate. The stronger top-line growth was overshadowed by continuing losses and heavy cash burn.
Key results included:
On the cash flow side, Lucid used -$1.22 billion in operating activities and spent $253.8 million on property, plant and equipment. Cash and cash equivalents stood at $732.6 million at quarter-end, while total liabilities rose to $5.85 billion.
The release pointed to sales growth, but profitability remained deeply negative. The company’s shares fell 11.58% after the market close following the report.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Lucid Group, Inc. Insider Trading Activity
Lucid Group, Inc. insiders have traded $LCID stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $LCID stock by insiders over the last 6 months:
- ORI WINITZER sold 1,000 shares for an estimated $6,380
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Lucid Group, Inc. Hedge Fund Activity
We have seen 152 institutional investors add shares of Lucid Group, Inc. stock to their portfolio, and 145 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY removed 2,286,284 shares (-51.0%) from their portfolio in Q1 2026, for an estimated $21,788,286
- AQR CAPITAL MANAGEMENT LLC added 2,209,918 shares (+7103.1%) to their portfolio in Q1 2026, for an estimated $21,060,518
- MARSHALL WACE, LLP removed 1,792,363 shares (-66.0%) from their portfolio in Q1 2026, for an estimated $17,081,219
- UBS GROUP AG added 1,466,254 shares (+19.1%) to their portfolio in Q1 2026, for an estimated $13,973,400
- BNP PARIBAS FINANCIAL MARKETS added 955,848 shares (+95.9%) to their portfolio in Q1 2026, for an estimated $9,109,231
- MILLENNIUM MANAGEMENT LLC removed 814,425 shares (-76.9%) from their portfolio in Q1 2026, for an estimated $7,761,470
- BALYASNY ASSET MANAGEMENT L.P. removed 611,787 shares (-63.6%) from their portfolio in Q1 2026, for an estimated $5,830,330
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Lucid Group, Inc. Price Targets
Multiple analysts have issued price targets for $LCID recently. We have seen 4 analysts offer price targets for $LCID in the last 6 months, with a median target of $13.0.
Here are some recent targets:
- Michael Ward from Citigroup set a target price of $14.0 on 05/15/2026
- Itay Michaeli from TD Cowen set a target price of $7.0 on 05/06/2026
- Andres Sheppard from Cantor Fitzgerald set a target price of $14.0 on 05/04/2026
- Ben Kallo from Baird set a target price of $12.0 on 04/15/2026
