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Lucid Group Announces $875M Convertible Notes Offering

Story Highlights
  • Lucid Group announced a private offering of $875 million in Convertible Senior Notes.
  • Ayar Third Investment Company will engage in a prepaid forward transaction to purchase Lucid’s stock.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lucid Group Announces $875M Convertible Notes Offering

TipRanks Black Friday Sale

Lucid Group ( (LCID) ) has provided an announcement.

On November 11, 2025, Lucid Group announced a private offering of $875 million in Convertible Senior Notes due 2031, with an option for initial purchasers to buy an additional $100 million. This move aims to repurchase a portion of existing 2026 notes and fund general corporate purposes. Concurrently, Ayar Third Investment Company, a subsidiary of the Public Investment Fund of Saudi Arabia, is expected to engage in a prepaid forward transaction to purchase Lucid’s common stock, potentially influencing the market price of Lucid’s stock and the notes. These financial maneuvers are intended to strengthen Lucid’s market position and provide liquidity for future operations.

The most recent analyst rating on (LCID) stock is a Hold with a $16.00 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 valuation challenges, with deeply negative profitability and a concerning P/E ratio. Technical analysis indicates bearish momentum, further weighing on the score. While the earnings call provided some positive insights, the financial and technical weaknesses are the most significant factors impacting the overall score.

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

More about Lucid Group

Lucid Group, Inc. (NASDAQ: LCID) is a Silicon Valley-based technology company specializing in the development of advanced electric vehicles (EVs). Its flagship products, the Lucid Air and Lucid Gravity SUV, are known for their superior performance, sophisticated design, spacious interiors, and exceptional energy efficiency. The company operates state-of-the-art, vertically integrated manufacturing facilities in Arizona and Saudi Arabia, driving innovation in EV technology.

Average Trading Volume: 10,043,071

Technical Sentiment Signal: Sell

Current Market Cap: $5.57B

For detailed information about LCID stock, go to TipRanks’ Stock Analysis page.

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