Chip Supply Crisis: Global automakers are facing a semiconductor supply crunch due to a ban on exports from Nexperia, exacerbated by geopolitical tensions, which threatens car production and has led to production adjustments by companies like Honda and Nissan.
Impact on Production: Automakers are exploring alternative suppliers and parts to mitigate the crisis, with some manufacturers in Brazil potentially halting operations in the coming weeks if the situation does not improve.
Political Dimensions: The current chip shortage is rooted in political issues, requiring negotiations between companies and governments, particularly with China, to find a resolution.
Industry Vulnerability: The crisis highlights the fragility of global supply chains in the automotive industry, as manufacturers are still reliant on their suppliers, especially smaller ones, for critical components.
Wall Street analysts forecast LCID stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LCID is 16.73 USD with a low forecast of 10.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
Wall Street analysts forecast LCID stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LCID is 16.73 USD with a low forecast of 10.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
8 Hold
3 Sell
Hold
Current: 11.470
Low
10.00
Averages
16.73
High
30.00
Current: 11.470
Low
10.00
Averages
16.73
High
30.00
Baird
Ben Kallo
Neutral
downgrade
$17 -> $14
2026-01-06
Reason
Baird
Ben Kallo
Price Target
$17 -> $14
AI Analysis
2026-01-06
downgrade
Neutral
Reason
Baird analyst Ben Kallo lowered the firm's price target on Lucid Group to $14 from $17 and keeps a Neutral rating on the shares. The firm updated its model following the mixed Q4 deliveries report however its full-year production was in-line with guidance.
Morgan Stanley
Equal Weight -> Underweight
downgrade
$30 -> $10
2025-12-08
Reason
Morgan Stanley
Price Target
$30 -> $10
2025-12-08
downgrade
Equal Weight -> Underweight
Reason
Morgan Stanley downgraded Lucid Group to Underweight from Equal Weight with a price target of $10, down from $30, following a change in analysts. The firm adjusted ratings in the autos and shared mobility group as part of its 2026 outlook. Morgan Stanley is "leaning more cautious" into next year, saying the electric vehicle "winter" will sustain through 2026. This is counterbalanced by a "moderately more positive" outlook on internal combustion engines and hybrids, the analyst tells investors in a research note.
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Stifel
Hold
downgrade
$21 -> $17
2025-11-17
Reason
Stifel
Price Target
$21 -> $17
2025-11-17
downgrade
Hold
Reason
Stifel lowered the firm's price target on Lucid Group to $17 from $21 and keeps a Hold rating on the shares. While the firm says following Q3 results that it continues to be "big believers" in Lucid's technology and views the Air and Gravity as "excellent products," it expects additional capital to be required over the next few years.
Benchmark
Buy
downgrade
$70 -> $30
2025-11-12
Reason
Benchmark
Price Target
$70 -> $30
2025-11-12
downgrade
Buy
Reason
Benchmark lowered the firm's price target on Lucid Group to $30 from $70 and keeps a Buy rating on the shares after Lucid priced $875M of senior unsecured convertible notes due November 2031 plus a $100M greenshoe, at a 7.00% coupon and a ~22.5% conversion premium to the $16.99 last sale, noting that the firm's target is adjusted for the company's reverse split. At full conversion, the new notes would add about 42M shares on the base size, or about 47M including the shoe, the analyst estimates.
About LCID
Lucid Group, Inc. is a technology company, which designs, engineers, and manufactures electric vehicles (EVs), EV powertrains, and battery systems in-house using its own equipment and factories. It sells vehicles directly to consumers through its retail sales network and through direct online sales. Its vehicles include Lucid Air and Lucid Gravity. Lucid Air is an advanced car, featuring powertrain technology. It offers 420 miles of the United States Environmental Protection Agency (EPA)-estimated range, with an 84-kWh battery pack. The Lucid Air Sapphire is the highest-performance version of the Lucid Air, boasting 1,234 horsepower from three motors, 427 miles of an EPA-estimated range (when equipped with standard wheel covers). The Lucid Gravity provides the interior space and practicality of a full-size SUV within the exterior footprint of a mid-size SUV. It provides space for up to seven adults. It has engineered the Lucid Gravity to deliver up to 450 miles of EPA-estimated range.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
