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Lucid Group (LCID) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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Lucid Group (LCID - Free Report) ended the recent trading session at $11.07, demonstrating a -2.29% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.43%. Meanwhile, the Dow lost 0.37%, and the Nasdaq, a tech-heavy index, lost 0.94%.
Shares of the an electric vehicle automaker witnessed a gain of 7.19% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its loss of 5.05%, and the S&P 500's gain of 0.89%.
The upcoming earnings release of Lucid Group will be of great interest to investors. The company's earnings report is expected on February 24, 2026. The company is forecasted to report an EPS of -$2.49, showcasing a 13.18% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $461.5 million, reflecting a 96.83% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$10.73 per share and revenue of $1.28 billion. These totals would mark changes of +14.16% and 0%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Lucid Group. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.44% fall in the Zacks Consensus EPS estimate. Lucid Group is currently a Zacks Rank #4 (Sell).
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 79, placing it within the top 33% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Lucid Group (LCID) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Lucid Group (LCID - Free Report) ended the recent trading session at $11.07, demonstrating a -2.29% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.43%. Meanwhile, the Dow lost 0.37%, and the Nasdaq, a tech-heavy index, lost 0.94%.
Shares of the an electric vehicle automaker witnessed a gain of 7.19% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its loss of 5.05%, and the S&P 500's gain of 0.89%.
The upcoming earnings release of Lucid Group will be of great interest to investors. The company's earnings report is expected on February 24, 2026. The company is forecasted to report an EPS of -$2.49, showcasing a 13.18% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $461.5 million, reflecting a 96.83% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$10.73 per share and revenue of $1.28 billion. These totals would mark changes of +14.16% and 0%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Lucid Group. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.44% fall in the Zacks Consensus EPS estimate. Lucid Group is currently a Zacks Rank #4 (Sell).
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 79, placing it within the top 33% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.