Lucid Group Inc. stocks have been trading down by -9.1 percent amid mounting concerns over weak EV demand and cash burn. Key Takeaways Q3 2026 production of 2,954 vehicles and 3,806 deliveries came in below FactSet expectations and declined year over year, reinforcing demand and sell-through concerns around LCID. Management is executing an “operating reset,”…

Lucid Group Inc. stocks have been trading down by -8.97 percent amid reports of weakening EV demand and rising competitive pressures. Key Takeaways Q3 2026 production of 2,954 vehicles and 3,806 deliveries came in below FactSet expectations, reinforcing demand and sell‑through concerns for LCID

Lucid Group Inc. stocks have been trading down by -8.97 percent amid reports of weakening EV demand and rising competitive pressures. Key Takeaways Q3 2026 production of 2,954 vehicles and 3,806 deliveries came in below FactSet expectations, reinforcing demand and sell‑through concerns for LCID

/PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world

Lucid Group (NASDAQ:LCID) Stock Falls 9.2% on Analyst Downgrade

Royal Bank Of Canada cut their target price on Lucid Group from $7.00 to $4.00 and set a "sector perform" rating on the stock in a research note on Monday.

Lucid Group (NASDAQ:LCID) tumbled during the session after a closely watched delivery update and a trimmed production plan reset expectations for the luxury electric-vehicle maker.