12 Most Promising EV Battery Stocks to Buy Now

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

Lucid Group, Inc. (NASDAQ:LCID) is among the most promising stocks.

TheFly reported on February 25 that Cantor Fitzgerald reduced its price target for LCID to $14 from $21 while maintaining a Neutral rating on the stock. Lower production and forecast, persistently high negative gross margins, extra capital requirements, a difficult macroeconomic climate, and tariff concerns were among the causes cited by the firm. With an estimated 23,185 vehicles delivered in FY26, Cantor predicts that the Gravity model will account for the majority of sales; deliveries of the Air model are anticipated to remain largely unchanged from the previous year.

On February 24, Lucid Group, Inc. (NASDAQ:LCID) released its financial results for the fourth quarter and full year, which ended on December 31, 2025. The company reported Q4 revenue of $522.7 million and total annual revenue of $1,353.8 million, and closed the quarter with roughly $4.6 billion in liquidity. Moreover, the report also shows that full-year vehicle deliveries reached 15,841 units, with the company setting its 2026 production guidance at 25,000 to 27,000 vehicles while continuing to manage output to match demand.

Lucid Group, Inc. (NASDAQ:LCID) is an electric vehicle manufacturer focusing on luxury EVs with advanced battery technology, high energy efficiency, and long-range performance, aiming to compete in the premium EV market and drive innovation in sustainable transportation.

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