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Stock of the Day: Lucid Group

Lucid Group
LCID 90-day performance NASDAQ:LCID Lucid Group
Current Price
$10.28
+0.36 (+3.63%)
(As of 02/13/2026 04:00 PM ET)
30 Day Performance
1.58%
  
 
90 Day Performance
-20.74%
  
  
1 Year Performance
-68.94%
  
  
Market Capitalization
$3.33B
Price Target
$18.92
Net Income
-$2.71B

Lucid Group, Inc. is a California-based electric vehicle manufacturer specializing in the design, engineering and production of luxury electric sedans. Its flagship model, the Lucid Air, features a proprietary battery and powertrain architecture that emphasizes energy efficiency, extended driving range and high performance. In addition to passenger vehicles, Lucid offers charging solutions and software-enabled services aimed at optimizing the ownership experience and accelerating adoption of zero-emission transportation.

The company was founded in 2007 under the name Atieva, initially focusing on battery technology and electric powertrains for other automakers before transitioning to its own branded vehicles. In 2016, it rebranded as Lucid Motors to reflect its shift toward complete-vehicle development. In 2021, Lucid completed a business combination with a special purpose acquisition company, marking its entry onto the NASDAQ exchange under the ticker LCID. The firm’s primary manufacturing hub is its state-of-the-art factory in Casa Grande, Arizona, which supports its mission to scale production and meet growing global demand.

Lucid serves markets in North America and has begun deliveries in the Middle East, with plans to expand into Europe and Asia. The company is led by CEO and CTO Peter Rawlinson, a former chief engineer at Tesla, who has guided Lucid’s technology strategy and product roadmap. Lucid’s executive team brings experience in automotive engineering, manufacturing and luxury brand development as it works to establish itself in the competitive electric vehicle landscape.

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