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Lucid Group, Inc. (NASDAQ:LCID) is included among the Top 10 Reddit Stocks That Will Skyrocket.

On April 15, TD Cowen analyst Itay Michaeli lowered the firm’s price recommendation on Lucid Group, Inc. (NASDAQ:LCID) to $10 from $19. It reiterated a Hold rating on the shares. The update came as part of the firm’s Q1 preview for the autos sector. The analyst said automakers appear better positioned than suppliers to offer investors outlook “reassurances and retaining guidance credibility.” TD Cowen also noted that the risk of companies guiding lower remains limited.

On April 3, Lucid Group reported production and delivery figures for the quarter ended March 31, 2026. During the period, the company produced 5,500 vehicles and delivered 3,093. Deliveries of the Lucid Gravity were affected for 29 days due to a supplier quality issue tied to second-row seats. That disruption limited the company’s ability to meet customer demand during the quarter. The issue has since been resolved, and the company reaffirmed its earlier production guidance of 25,000 to 27,000 vehicles.

Lucid Group, Inc. (NASDAQ:LCID) designs, engineers, and manufactures electric vehicles, along with EV powertrains and battery systems, using its own facilities and equipment. It sells vehicles directly to consumers through its retail network and online platform. Its lineup includes the Lucid Air and Lucid Gravity.

While we acknowledge the potential of LCID as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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