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Lucid Shareholders Approve Expanded 2021 Equity Incentive Plans
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Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It offers its own geographically distributed retail and service locations through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design, which led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. Its geographic segments include North America, the Middle East, and Other International.
Lucid Group trades on the NASDAQ stock market under the symbol LCID.
As of June 8, 2026, LCID stock price declined to $5.09 with 15,487,384 million shares trading.
LCID has a beta of 0.86, meaning it tends to be less sensitive to market movements. LCID has a correlation of 0.02 to the broad based SPY ETF.
LCID has a market cap of $1.87 billion. This is considered a Small Cap stock.
Last quarter Lucid Group reported $282 million in Revenue and -$2.82 earnings per share. This fell short of revenue expectation by $-99 million and missed earnings estimates by -$.52.
In the last 3 years, LCID traded as high as $83.70 and as low as $5.00.
The top ETF exchange traded funds that LCID belongs to (by Net Assets): VTI, VB, VXF, VBK, LIT.
LCID has underperformed the market in the last year with a price return of -76.1% while the SPY ETF gained +25.9%. LCID has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -48.2% and -12.8%, respectively, while the SPY returned +8.8% and -0.9%, respectively.
LCID support price is $4.87 and resistance is $5.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LCID shares will trade within this expected range on the day.
