Lucid (NASDAQ: LCID) stock enjoyed a sudden and powerful rally early in the morning of September 17 as news that it entered into a partnership with Bolt to deploy 25,000 robotaxis in Europe came to light.
ChatGPT’s advanced artificial intelligence (AI), however, cautioned that any hype might be premature.
Specifically, OpenAI’s flagship platform highlighted that the timeline of the actual deployment remains uncertain, making forecasting an actual Lucid stock price for the launch difficult as it is not known in what shape the electric vehicle (EV) maker will be by the time it arrives.
The AI highlighted that, despite certain improvements and the cash-flow improvement program, the EV company remains profoundly unprofitable, simultaneously limiting the upside and raising the stakes for the Bolt deal.
Still, ChatGPT also highlighted that the deployment remains a positive development since it will – once the deal with Uber (NYSE: UBER) is also accounted for – raise the number of future Lucid robotaxis to at least 60,000.
Simultaneously, the model was somewhat ambivalent about the fact that the vehicles will be a future midsize model rather than any existing product, rating the fact that it will be co-designed by the two firms as a positive, but its hypothetical state as a risk.
Finally, ChatGPT underlined LCID stock’s market woes in recent years and explained they also represent something of a limit to the upside barring major and unexpected developments.
Overall, the verdict was a bullish – but not sky-high – $9 Lucid share price target for after the launch of the 25,000 robotaxis in Europe in partnership with Bolt.
Lucid stock price performance
Notably, despite the Thursday upsurge erasing all LCID equity weekly losses and flipping it, at 4.36%, 3.19% into the green within the timeframe, the EV maker’s overall decline remains brutal.
So far, Lucid stock has declined 60.85% in 2026, with the year-to-date (YTD) chart showing the September 17 morning moves – which took it more than 8% higher in roughly one hour – barely register in the long run.
The all-time performance is even more damning, with LCID falling 98% from its day-one close and more than 99% from the all-time highs, though the fact that the company has been weathering the downturn and continues securing deals like the Bolt robotaxi program arguably offers some silver lining to the bulls.
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