Lucid Stock Soars 10 Percent after Two Sigma Increases Stake by 4,320%

Lucid (LCID) is tearing through pre-market with a 10% rally today, sparked by a staggering 4,320% increase in stake from Two Sigma Investments and renewed optimism around Q1 delivery numbers. The surprise? This isn’t just speculative noise. This is real capital—and real traction.

Two Sigma boosted its stake in Lucid to 15.85 million shares last quarter, worth nearly $48 million. That makes them one of the bigger institutional players in the game, now holding roughly 0.53% of the company. It’s not often a Wall Street giant dives in with that kind of size—and when they do, people pay attention.

Institutional buying is rarely accidental. And this wasn’t just Two Sigma. Nisa Investment Advisors hiked its stake by over 4,300%, and other funds like Wedge Capital and SG Americas also increased positions. In fact, 75.17% of LCID stock is now held by institutions.

LCID Delivery Growth Revs Up the Bull Case

The EV maker delivered 3,109 vehicles in Q1 2025 — a 58.1% jump from the same period last year — catching analysts and short sellers flat-footed. Lucid also clocked $235 million in Q1 revenue, up 36% year-over-year, while holding onto roughly $5.76 billion in liquidity. For a company that’s been dancing on the edge of doubt, those numbers landed like a punch.

Unlike past quarters, when Lucid struggled with production hiccups and demand questions, this time it delivered — literally. The 3,109 vehicle figure didn’t even count the 600+ units in transit to Saudi Arabia for final assembly.

That’s not just a margin of progress. That’s a transformation. According to the company’s official release, the delivery spike marks a “meaningful acceleration” in execution. And in a space crowded with flashy concepts but few real deliveries, Lucid just reminded the market it can actually ship cars.

Lucid’s war chest is also grabbing attention. Ending Q1 with nearly $5.8 billion in total liquidity, the company has breathing room — and then some. With the threat of a capital crunch pushed to the background, investors are now giving Lucid credit for something it hasn’t enjoyed in a while: runway.

Is Lucid a Good Stock to Buy?

According to TipRanks, analysts aren’t exactly racing to buy Lucid stock. The current consensus rating is a cautious “Hold,” based on one Buy, seven Hold, and three Sell calls. The average price target for LCID sits at $2.38, which implies a potential 20% drop from where shares are trading now. So while there’s excitement in the air today, Wall Street is still keeping its foot on the brake.

See more LCID analyst ratings