Lucid (NASDAQ: LCID) confirmed it will enact a 1-for-10 reverse stock split on August 29, 2025, as the struggling EV maker seeks to shore up its share price and maintain Nasdaq compliance.
The move, approved by both the board and stockholders, will reduce Lucid’s outstanding shares from roughly 3.07 billion to 307.3 million, while authorized shares will fall from 15 billion to 1.5 billion. Trading on a split-adjusted basis will begin on September 2, 2025, under the existing ticker symbol.
Finbold AI price prediction
To assess where Lucid could be headed into the reverse split, Finbold deployed its AI price prediction tool, which blends forecasts from Claude Sonnet 4, GPT-4o, and Grok 3 alongside technical indicators including MACD, RSI, and moving averages.
The models collectively project Lucid to average $2.05 per share by August 29, essentially flat from current levels. Post-split, this translates into an adjusted price of around $20.50, suggesting little near-term momentum ahead of the structural change.
However, whether Lucid can hold that level remains uncertain, given its market cap has slipped more than 30% over the past six months to $6.44 billion.
Interestingly, all three models converged at the same prediction, a rare alignment that underscores the current lack of bullish catalysts in the stock. Technical readings point to weak buy-side momentum, with RSI hovering near oversold territory and MACD failing to show a decisive reversal signal.
LCID outlook
Reverse stock splits often help companies regain compliance and appeal to institutional investors wary of penny stocks, but they rarely resolve underlying operational or demand-side challenges. For Lucid, execution risk remains high as it battles weak deliveries, heavy cash burn, and fierce EV competition.
As things stand, the split-adjusted price may give Lucid breathing room above the $20 level, but without fresh catalysts, analysts caution that the stock risks slipping back once the initial optics fade.
