11 Best Alternative Energy Stocks to Invest In According to Analysts

4. Lucid Group Inc. (NASDAQ:LCID)

Stock Upside: 61.45%

Number of Hedge Fund Holdings: 21

Lucid Group Inc. (NASDAQ:LCID) is one of the best alternative energy stocks to invest in according to analysts. On February 11, Lucid Group Inc. (NASDAQ:LCID) hosted an intimate live event in Berlin called The Seven Suite. The company used the occasion to introduce the Lucid Gravity SUV to European audiences.

The company stated that the goal was to let audiences feel Lucid Gravity’s character through atmosphere and emotion rather than through spec sheets or test drives. Lawrence Hamilton, President of Lucid Europe, said: “The Seven Suite captures the essence of what drives us — transforming advanced technology into something deeply human. It’s not about spectacle, but about connection…”

Meanwhile, on January 29, Lucid announced that its Air Grand Touring sedan achieved the longest driving range of any vehicle tested during the 2026 NAF Winter Test in Norway. The test is organized annually by the Norwegian Automobile Federation (NAF) and Motor.no.

The Lucid Air Grand Touring covered 520 kilometers (323 miles) on a single charge, with 1% battery remaining at the end. The route ran from Oslo’s city streets through mountain roads, highways, and rural secondary roads. There were no charging stops until the car could no longer maintain posted speed limits. Of the 24 EVs tested, the next closest competitor to Lucid’s was the Mercedes-Benz CLA, which covered 421 km.

Lucid Group Inc. (NASDAQ:LCID) is an electric vehicle manufacturer headquartered in Newark, California. The company designs, develops, and produces luxury EVs. Its flagship model is the Lucid Air sedan, assembled at its Casa Grande, Arizona facility.