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    Home»News»Stocks»Lucid Group (LCID) Stock Jumps 4% Following 2027 Gravity SUV Enhancements
    Stocks

    Lucid Group (LCID) Stock Jumps 4% Following 2027 Gravity SUV Enhancements

    Oli DaleBy Oli DaleApril 3, 2026No Comments4 Mins Read
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    Quick Overview

    • LCID shares advanced 4.2% to reach $9.96, despite trading volume falling 43% short of typical levels.
    • The refreshed 2027 Gravity Touring model begins at $79,900, now featuring DreamDrive 2 Premium and an additional key fob included.
    • Grand Touring variant receives enhanced standard equipment at $98,900, plus a newly introduced $10,500 Prestige Package available from summer 2026.
    • The Gravity SUV secured the prestigious 2026 World Luxury Car of the Year title from World Car Awards.
    • Wall Street analysts maintain a cautious outlook — consensus rating sits at “Reduce” with a $13.14 average price target; RBC lowered its forecast to $10 amid manufacturing concerns.

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


    LCID Stock Card
    Lucid Group, Inc., LCID

    On Wednesday, Lucid Group revealed significant upgrades to its 2027 Gravity SUV range, incorporating additional standard equipment and introducing a premium options package. Shares responded positively with a 4.2% increase, although trading activity registered 43% below normal levels — suggesting limited investor conviction behind the rally.

    The Lucid Gravity gets a 10/10 rating and 1st place from @usnews as the best luxury electric SUV in 2025 🥂

    The best luxury electric car is the Lucid Air, which makes @LucidMotors the top EV brand for the luxury EV category, taking home two #1 spots 👑 pic.twitter.com/pqqUwklYxX

    — Tristan Cornely 𓄀 (@WhiteMillions) November 20, 2025

    The updated 2027 Gravity Touring trim now comes equipped with the company’s DreamDrive 2 Premium advanced driver assistance technology and an additional key fob included in the base price. This variant carries a starting price of $79,900 for U.S. buyers and $113,500 for Canadian customers, excluding applicable taxes and delivery charges.

    Meanwhile, the Grand Touring edition receives expanded standard equipment, incorporating a Comfort & Convenience Package, Power Package, and a choice of 21″ or 22″ wheel options. Pricing begins at $98,900 domestically and $139,500 in Canada.

    Premium Prestige Package Debuts This Summer

    Lucid has announced an all-new Prestige Package tailored for Grand Touring buyers, carrying a price tag of $10,500 in the United States and $14,000 for Canadian markets. This comprehensive package combines 22″ or 23″ wheels, the advanced Surreal Sound Pro audio system, Dynamic Handling Package, and third-row seating capability. Deliveries of this premium option are scheduled to begin during 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 recently claimed the coveted 2026 World Luxury Car of the Year recognition, determined through voting by more than 100 international automotive journalists. According to Lucid, the 2027 model year maintains identical EPA efficiency ratings as its predecessor.

    The electric vehicle manufacturer operates production facilities in both Arizona and Saudi Arabia. The Gravity represents Lucid’s sophomore model and inaugural SUV offering, complementing the existing Air sedan. Looking ahead, two additional models are in development — the midsize Cosmos and Earth — both targeting a sub-$50,000 price point.

    Analyst Community Remains Skeptical

    The modest stock gain hasn’t materially shifted Wall Street’s perspective. According to MarketBeat data, the consensus rating stands at “Reduce” with an average price objective of $13.14.

    Bank of America recently launched coverage with an “underperform” recommendation and $10 price target. Morgan Stanley downgraded LCID shares from “buy” to “underweight” while dramatically reducing its target from $30 down to $10. RBC Capital similarly lowered its forecast to $10, citing persistent production challenges.

    More optimistically, Zacks Investment Research upgraded its rating from “strong sell” to “hold,” while Benchmark maintained its “buy” recommendation. The current analyst landscape includes 2 buy ratings, 5 hold ratings, and 3 sell ratings.

    LCID maintains a market capitalization of $3.26 billion, reports a debt-to-equity ratio of 3.00, and shows a negative price-to-earnings ratio of -0.82. Institutional ownership accounts for approximately 75% of outstanding shares.

    Recently, Lucid initiated the deployment of Apple CarPlay and Android Auto functionality to Gravity customers through over-the-air software updates, with plans to expand availability to Middle Eastern and European markets in subsequent phases.

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    Oli Dale
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