New York, Feb 7, 2026, 05:57 EST — The market is now closed.
- Lucid Group shares rebounded Friday, ending the session at $10.86, a 14% gain after the steep decline seen the previous day.
- That shift came as Wall Street staged a broad rebound, sending high-volatility names higher.
- Attention shifts to Lucid’s Feb. 24 report, with investors eyeing cash levels, demand signals, and any updates on the 2026 forecast.
Lucid Group Inc surged almost 14% Friday, closing at $10.86 after dropping over 8% the previous session. Shares edged down roughly 0.1% in post-market action. 1
The rebound is notable—Lucid’s stock has turned into a high-volatility barometer for risk appetite lately. Friday’s jump followed a string of rough sessions for growth stocks. Now, with U.S. markets closed for the weekend, eyes turn to Monday to see if the move holds up when trading resumes.
Lucid offered no fresh company news on Friday, so the stock’s action spoke for itself. Investors looking for answers will have to wait for Lucid’s upcoming quarterly report this month, which should shed light on cash burn and demand—typically the key battlegrounds in debates over the stock.
Friday saw Wall Street push higher, the Dow finishing above 50,000 for the first time ever. The S&P 500 and Nasdaq closed up as well. Chip shares outperformed, driven by renewed bets on AI-focused capital spending. Big tech’s aggressive equipment and infrastructure outlays were in sharp focus after fresh announcements. 2
“The recent driver has really been the broadening out we’re seeing—beyond just tech and the AI trade,” said Chuck Carlson, chief executive officer at Horizon Investment Services. 3
Lucid’s upcoming update is crucial. According to an SEC filing, the company turned out 8,412 vehicles in Q4 2025, delivering 5,345 of those. For all of 2025, Lucid produced 18,378 vehicles and delivered 15,841. Deliveries here refer to cars actually handed to buyers. 4
EV demand hasn’t been consistent, particularly at the upper end of the market, following the end of the $7,500 U.S. federal tax credit in September, according to Reuters. Lucid is aiming to attract more buyers, rolling out its Gravity Touring SUV with prices starting at $79,900, Reuters noted. Both Tesla and Rivian have flagged headwinds for premium EVs, too. 5
Still, a weekend rebound leaves Lucid facing the same nagging issues: Can it really turn its production pace into consistent sales, and will pricing and incentives in the sector hold steady—or are they headed for another bout of margin pressure?
The University of Michigan’s latest survey put U.S. consumer sentiment at a six-month high in early February, but concerns about the job market and inflation tied to tariffs persisted. “We may have seen the trough in consumer sentiment… as long as the recent stock market selloff doesn’t continue,” said Oren Klachkin, financial markets economist at Nationwide. 6
That blend is crucial for Lucid traders. When rates hold steady and consumers feel upbeat, discretionary stocks like Lucid usually catch a bid—though they can get hit hard if sentiment flips. This week’s sharp two-day move is a clear case in point.
Lucid’s next big date lands Feb. 24: fourth-quarter numbers, out after the bell. Shareholders get their shot to send in and upvote questions for management beginning Feb. 10. 7
