tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lucid Group Announces $875 Million Notes Offering

Story Highlights
Lucid Group Announces $875 Million Notes Offering

TipRanks Black Friday Sale

An announcement from Lucid Group ( (LCID) ) is now available.

On November 12, 2025, Lucid Group announced the pricing of its $875 million convertible senior notes offering, aimed at qualified institutional buyers. The notes, due in 2031, will accrue interest at 7% per annum and are convertible into Lucid’s common stock. Concurrently, Lucid repurchased approximately $755.7 million of its 2026 notes using the proceeds from this offering. Additionally, Ayar Third Investment Company entered into a prepaid forward transaction to purchase $636.7 million of Lucid’s stock, which could influence the market price of Lucid’s shares. These strategic financial maneuvers are expected to impact Lucid’s stock market positioning and provide liquidity for future corporate purposes.

The most recent analyst rating on (LCID) stock is a Hold with a $17.00 price target. To see the full list of analyst forecasts on Lucid Group stock, see the LCID Stock Forecast page.

Spark’s Take on LCID Stock

According to Spark, TipRanks’ AI Analyst, LCID is a Neutral.

Lucid Group’s overall stock score reflects significant financial and operational challenges, with deeply negative margins and high production costs. Technical indicators show bearish momentum, and valuation is difficult due to ongoing losses. While the company has strong growth potential through strategic partnerships and increased deliveries, these positives are overshadowed by persistent financial and supply chain issues.

To see Spark’s full report on LCID stock, click here.

More about Lucid Group

Lucid Group, Inc. is a Silicon Valley-based technology company specializing in the production of advanced electric vehicles (EVs). Known for its award-winning models, the Lucid Air and Lucid Gravity SUV, the company emphasizes best-in-class performance, sophisticated design, and energy efficiency. Lucid operates vertically integrated factories in Arizona and Saudi Arabia, advancing EV technology through its innovative approaches.

Average Trading Volume: 10,446,412

Technical Sentiment Signal: Sell

Current Market Cap: $4.6B

Find detailed analytics on LCID stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1