Lucid stock soars after Uber partnership for autonomous robotaxi program
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BofA on Uber Inc. (UBER): 'Massive supply coming online in next few years; Buy'
July 18, 2025 10:10 AM EDTBofA Securities analyst Justin Post reiterated a Buy rating and $115.00 price target on Uber Inc. (NYSE: UBER).
The analyst comments "Massive supply coming online in next few years; Buy. Today's announcement follows Uber's several other recent strong AV partnership launches, including... More
Morgan Stanley Reiterates Equalweight Rating on Lucid Group Inc. (LCID)
July 17, 2025 12:50 PM EDTMorgan Stanley analyst Adam Jonas reiterated an Equalweight rating and $3.00 price target on Lucid Group Inc. (NASDAQ: LCID)
The analyst comments "What happened: Lucid announced a three-way partnership with Nuro (private) and Uber (covered by Brian Nowak) to deploy at least 20,000 Lucid Gravity SUVs equipped with Nuro's L4 autonomous technology on the... More
Lucid Group Inc. (LCID) PT Raised to $7 at Benchmark
July 17, 2025 12:32 PM EDT(Updated - July 18, 2025 9:21 AM EDT)
Benchmark analyst Mickey Legg raised the price target on Lucid Group Inc. (NASDAQ: LCID) to $7.00 (from $5.00) while maintaining a Buy rating.
The analyst commented, "Lucid Announces Strategic Partnership with Uber and Nuro, Inc. Lucid has entered... More
Stifel Reiterates Hold Rating on Lucid Group Inc. (LCID)
July 17, 2025 12:18 PM EDTStifel analyst Stephen Gengaro reiterated a Hold rating and $3.00 price target on Lucid Group Inc. (NASDAQ: LCID).
The analyst comments "Lucid Announces Partnership with Uber and Nuro for Robotaxis: Lucid announced a major partnership seeking to develop a robotaxi offering alongside Uber (UBER: $90.58, Buy - covered by Stifel Analyst Mark Kelley) and Nuro (a U.S.-based self-driving developer). The partnership will utilize Lucid's, in our opinion, industry-leading EV architecture to develop robotaxis, leveraging Nuro's Nuro Driver Level 4 self-driving capabilities and Uber's vast global network and expertise in fleet management. The company... More
BofA Securities Reiterates Underperform Rating on Lucid Group Inc. (LCID), 'Challenges remain'
July 17, 2025 11:02 AM EDTBofA Securities analyst John Murphy reiterated an Underperform rating and $1.00 price target on Lucid Group Inc. (NASDAQ: LCID).
The analyst comments "Challenges remain, reiterate Underperform rating. We reiterate our Underperform rating. We still see risk from product development stalling post CEO (Peter Rawlinson)... More
