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Lucid Group Stockholders Approve Stock Incentive Plan Amendment

Story Highlights
  • Lucid Group’s stockholders approved an amendment to the 2021 Stock Incentive Plan.
  • The amendment increases available shares by 184 million, potentially strengthening Lucid’s market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lucid Group Stockholders Approve Stock Incentive Plan Amendment

Confident Investing Starts Here:

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

On June 5, 2025, Lucid Group‘s stockholders approved an amendment to the 2021 Stock Incentive Plan, increasing the available shares of Class A common stock by 184 million. This decision, made during the Annual Meeting, potentially strengthens Lucid’s market position by enhancing its ability to incentivize employees and attract talent.

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 stock score is primarily driven by its financial struggles, including significant losses and cash flow issues, which weigh heavily on its valuation. The technical analysis indicates bearish market sentiment, further detracting from its attractiveness. While there is some potential for recovery indicated by technical indicators, the current financial and market conditions pose considerable risks.

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

More about Lucid Group

Lucid Group, Inc. operates in the automotive industry, focusing on the production of electric vehicles and related technologies.

Average Trading Volume: 119,401,429

Technical Sentiment Signal: Sell

Current Market Cap: $6.8B

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

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