Key Takeaways
- LCID stock advanced 4.2% to reach $9.96, despite trading volume running 43% below typical levels.
- The 2027 Gravity Touring trim now features DreamDrive 2 Premium and an additional key fob as standard equipment, with pricing beginning at $79,900.
- Grand Touring models receive enhanced standard equipment packages, priced from $98,900, with a $10,500 Prestige Package scheduled for summer 2026 release.
- The Gravity SUV secured the prestigious 2026 World Luxury Car of the Year title from World Car Awards.
- Wall Street maintains a cautious outlook — the consensus rating stands at “Reduce” with a $13.14 price objective; RBC lowered its forecast to $10 due to manufacturing challenges.
Lucid Group (LCID) stock was trading at $9.96 on Thursday before the first sub-heading.
Shares of Lucid Group climbed on Wednesday after the electric vehicle manufacturer revealed enhancements to its 2027 Gravity SUV range, incorporating additional standard features and introducing a premium option package. The stock registered a 4.2% gain, though daily trading activity fell 43% short of average volumes — suggesting limited institutional enthusiasm behind the rally.
The 2027 Gravity Touring edition now comes equipped with the company’s DreamDrive 2 Premium advanced driver assistance technology and a second key fob at no additional cost. This trim level carries a starting price of $79,900 for U.S. customers and $113,500 for Canadian buyers, excluding applicable taxes and delivery charges.
Meanwhile, the Grand Touring variant receives enhanced standard equipment including the Comfort & Convenience Package, Power Package, and your choice of 21″ or 22″ wheels. U.S. pricing starts at $98,900, while Canadian customers face a $139,500 entry point.
Summer 2026 Launch for Prestige Package
Lucid has also unveiled a new Prestige Package designed for Grand Touring buyers, carrying a $10,500 price tag domestically and $14,000 in Canada. This comprehensive package delivers 22″ or 23″ wheels, the Surreal Sound Pro premium audio system, Dynamic Handling Package, and third-row passenger seating. Availability is slated for summer 2026.
“With the 2027 updates, we’ve expanded standard features, simplified choices, and introduced a new Prestige Package,” said Erwin Raphael, SVP Revenue at Lucid.
The Gravity SUV captured the 2026 World Luxury Car of the Year recognition, selected by more than 100 global automotive journalists. According to Lucid, the 2027 version maintains identical EPA efficiency ratings as the previous model year.
The automaker operates manufacturing facilities in both Arizona and Saudi Arabia. Representing Lucid’s second production vehicle and inaugural SUV offering, the Gravity joins the Air sedan in the current lineup. Two additional models — the midsize Cosmos and Earth, both targeting sub-$50,000 price points — are under development.
Analyst Community Remains Skeptical
The modest share price increase hasn’t substantially altered Wall Street’s perspective. MarketBeat data indicates a consensus “Reduce” recommendation with an average price target of $13.14.
Bank of America recently launched coverage with an “underperform” assessment and $10 price objective. Morgan Stanley downgraded LCID from “buy” to “underweight” while dramatically reducing its target from $30 to $10. RBC Capital similarly trimmed its forecast to $10, highlighting persistent manufacturing obstacles.
On a more positive note, Zacks upgraded its stance from “strong sell” to “hold,” while Benchmark maintained its “buy” recommendation. The current analyst breakdown shows 2 buy ratings, 5 holds, and 3 sells.
LCID maintains a market capitalization of $3.26 billion, carries a debt-to-equity ratio of 3.00, and reports a negative P/E ratio of -0.82. Institutional ownership accounts for approximately 75% of outstanding shares.
The company has recently initiated the deployment of Apple CarPlay and Android Auto integration to Gravity vehicle owners through wireless software updates, with expansion to Middle Eastern and European markets planned for subsequent phases.
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