Citigroup Initiates Lucid Group, Inc. (LCID) at Buy With $17 Price Target on Growth Catalyst Outlook

Lucid Group, Inc. (NASDAQ:LCID) is one of the best Robinhood stocks on this list.

Citigroup Initiates Lucid Group, Inc. (LCID) at Buy With $17 Price Target on Growth Catalyst Outlook

TheFly reported on March 18 that Citigroup began coverage of LCID with a Buy rating and set a $17 price target. The firm indicated that Lucid is entering a key growth phase, highlighting the Q4 2025 launch of the Gravity model, the planned start of Cosmos production in the first quarter of 2026, and the expected commencement of commercial operations for its Uber robotaxi partnership by year-end.

Separately, Lucid Group, Inc. (NASDAQ:LCID) revealed information on its future Midsize platform, including the next-generation Atlas electric motor unit, on March 12 during its investor day in New York. In order to maximize efficiency, utilization, and operational costs, the business unveiled Lunar, a two-seat robotaxi prototype based on the Midsize platform.

Lunar shows how the Midsize platform could facilitate future commercial and autonomous applications, even though it is currently a concept. Additionally, LCID stated that it is in advanced talks with Uber to complete a deal for the deployment of mid-size platform vehicles at a volume comparable to the current Gravity SUV program’s 20,000 units, with intentions to grow over time. The collaboration demonstrates LCID’s preparedness for large-scale commercial deployment and autonomous mobility.

Lucid Group, Inc. (NASDAQ:LCID) is an American automotive technology company that designs, manufactures, and sells luxury electric vehicles, including the Lucid Air sedan and Gravity SUV, along with EV powertrains and battery systems, directly to consumers.

While we acknowledge the risk and potential of LCID as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LCID and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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