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Lucid Group ( (LCID) ) just unveiled an announcement.
On July 16, 2025, Lucid Group entered into a Vehicle Production Agreement with Uber Technologies to supply a minimum of 20,000 modified Lucid Gravity vehicles for autonomous use on Uber’s platform over six years, starting in late 2026. This partnership, involving Nuro’s autonomous driving software, aims to deploy a fleet of robotaxis globally, enhancing Lucid’s market presence in the autonomous vehicle sector. Additionally, Lucid and Uber’s subsidiary SMB Holding Corporation agreed on a $300 million private placement of Lucid’s Class A common stock to fund the development of these vehicles, expected to close in the third quarter of 2025. This collaboration signifies a significant investment in Lucid’s technology and positions the company to capitalize on the growing autonomous vehicle market.
The most recent analyst rating on (LCID) stock is a Sell with a $1.00 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 score is primarily driven by financial performance and technical analysis. The company’s ongoing financial challenges, negative profitability, and bearish technical indicators present significant risks. Despite promising earnings call highlights and strategic corporate events, these factors are insufficient to outweigh the financial and market challenges.
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 focused on creating advanced electric vehicles (EVs). Known for the award-winning Lucid Air and the new Lucid Gravity, the company emphasizes best-in-class performance, sophisticated design, and energy efficiency. Lucid assembles its vehicles in a vertically integrated factory in Arizona, advancing EV technology through its innovations.
Average Trading Volume: 128,649,173
Technical Sentiment Signal: Sell
Current Market Cap: $7.11B
For an in-depth examination of LCID stock, go to TipRanks’ Overview page.