10 Best Auto Manufacturer Stocks to Buy According to Analysts 

7. Lucid Group, Inc. (NASDAQ:LCID)

On March 12, 2026, Reuters reported that Lucid Group, Inc. (NASDAQ:LCID) revealed its goal to achieve positive cash flow by the end of the decade while developing affordable vehicle models and autonomous technology. The corporation unveiled a two-seater robotaxi model that excludes a steering wheel and pedals at its investor day in New York. The firm said that a mid-size car platform set to arrive later this year will increase yearly deliveries to around 100,000 in the medium term. The company also launched a subscription model for self-driving technology, with monthly fees ranging from $69 to $199.

Lucid Group, Inc. (NASDAQ:LCID) is under pressure from weakening EV demand, growing competition, and regulatory changes, with shares falling roughly 8% on March 12. Following a larger-than-expected fourth-quarter loss, the firm projected slower 2026 output and noted consistent supply chain problems and tariffs. The company plans to reduce unit costs by 50% to 60% by 2028, while capital spending as a share of sales is expected to fall. RBC Capital Markets analyst Tom Narayan expressed concern regarding liquidity and prospective funding needs.

Lucid Group, Inc. (NASDAQ:LCID) produces electric vehicles. It designs, develops, and manufactures energy storage solutions for electric vehicles, as well as providing manufacturers with battery pack systems for hybrid, plug-in, and electric vehicles.