Lucid Group (LCID) Stock Climbs 4% as Gravity SUV Gets a Luxury Upgrade

TLDR

• Lucid Group (LCID) stock rose 4.2% to $9.96, though volume was 43% below average.
• The 2027 Gravity Touring now starts at $79,900 and includes DreamDrive 2 Premium and a key fob as standard.
• The Grand Touring gets added standard equipment, starting at $98,900, with a new $10,500 Prestige Package launching summer 2026.
• The Gravity SUV won the 2026 World Luxury Car of the Year award from the World Car Awards.
• Analyst sentiment remains cautious — consensus is “Reduce” with a $13.14 target; RBC cut its target to $10 citing production concerns.

Lucid Group (LCID) stock was trading at $9.96 on Thursday before the first sub-heading.

Lucid Group, Inc., LCID

Lucid Group updated its 2027 Gravity SUV lineup on Wednesday, adding standard features and a new premium package. The stock jumped 4.2% on the news, though trading volume came in 43% below the daily average — a sign the move wasn’t backed by heavy conviction.

The 2027 Gravity Touring now includes Lucid’s DreamDrive 2 Premium driver assistance system and an extra key fob as standard. The trim starts at $79,900 in the U.S. and $113,500 in Canada, before taxes and fees.

The Grand Touring gets more standard content too, including a Comfort & Convenience Package, Power Package, and 21″/22″ wheels. It starts at $98,900 in the U.S. and $139,500 in Canada.

New Prestige Package Arrives This Summer

Lucid is also rolling out a new Prestige Package for the Grand Touring, priced at $10,500 in the U.S. and $14,000 in Canada. It bundles 22″/23″ wheels, the Surreal Sound Pro audio system, Dynamic Handling Package, and third-row seating. The package is set to launch in summer 2026.

The Gravity SUV took home the 2026 World Luxury Car of the Year award, as voted on by over 100 automotive journalists worldwide. Lucid says the 2027 model retains all EPA range ratings from the prior year.

The company builds vehicles at plants in Arizona and Saudi Arabia. The Gravity is Lucid’s second model and first SUV, sitting alongside the Air sedan. Two more models — the midsize Cosmos and Earth, both priced under $50,000 — are in the pipeline.

Wall Street Still Cautious

The stock bounce didn’t do much to change analyst views. MarketBeat shows a consensus rating of “Reduce” with a price target of $13.14.

Bank of America recently initiated coverage with an “underperform” rating and a $10 target. Morgan Stanley downgraded LCID from “buy” to “underweight” and slashed its target from $30 to $10. RBC Capital also cut its target to $10, pointing to ongoing production concerns.

On the brighter side, Zacks bumped its rating from “strong sell” to “hold,” and Benchmark reiterated a “buy.” That leaves the breakdown at 2 buys, 5 holds, and 3 sells.

LCID carries a market cap of $3.26 billion, a debt-to-equity ratio of 3.00, and a negative P/E of -0.82. Institutional investors hold around 75% of the stock.

Lucid recently began rolling out Apple CarPlay and Android Auto to Gravity owners via an over-the-air update, with plans to extend the rollout to Middle East and Europe customers later.

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