Lucid Group (LCID) closed the most recent trading day at $19.89, moving +1.32% from the previous trading session. This move outpaced the S&P 500's daily gain of 1.07%. Elsewhere, the Dow saw an upswing of 1.12%, while the tech-heavy Nasdaq appreciated by 1.37%.
The an electric vehicle automaker's shares have seen a decrease of 6.97% over the last month, not keeping up with the Auto-Tires-Trucks sector's gain of 1.6% and the S&P 500's gain of 1.08%.
The investment community will be paying close attention to the earnings performance of Lucid Group in its upcoming release. The company is slated to reveal its earnings on November 5, 2025. The company's earnings per share (EPS) are projected to be -$2.32, reflecting a 43.41% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $325.59 million, showing a 62.76% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of -$8.88 per share and revenue of $1.26 billion, which would represent changes of +28.96% and +55.98%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Lucid Group. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.15% increase. Lucid Group is currently sporting a Zacks Rank of #3 (Hold).
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 163, this industry ranks in the bottom 35% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow LCID in the coming trading sessions, be sure to utilize Zacks.com.
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Lucid Group, Inc. (LCID): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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