Lucid (US:LCID) ZACKS·2025-06-16 23:16Company Overview - Lucid Group (LCID) stock closed at $2.15, reflecting a +2.38% change from the previous day's closing price, outperforming the S&P 500 which gained 0.94% [1] - The stock has experienced a significant decline of 26.06% over the past month, underperforming the Auto-Tires-Trucks sector's loss of 3.9% and the S&P 500's gain of 1.67% [1] Earnings Forecast - The upcoming earnings release is anticipated to show an EPS of -$0.26, indicating a 10.34% improvement from the same quarter last year [2] - Revenue is expected to reach $292.12 million, representing a 45.64% increase compared to the year-ago quarter [2] Full Year Projections - For the full year, earnings are projected at -$0.91 per share and revenue at $1.35 billion, reflecting changes of +27.2% and +67.3% respectively from the previous year [3] - Recent analyst estimate revisions are crucial as they indicate short-term business trends and reflect analyst optimism regarding the company's profitability [3][4] Zacks Rank and Industry Performance - Lucid Group currently holds a Zacks Rank of 3 (Hold), with the Zacks Rank system showing a strong historical performance, particularly for 1 rated stocks which have averaged a +25% annual return since 1988 [5] - The Automotive - Domestic industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 216, placing it in the bottom 13% of over 250 industries, indicating weaker performance compared to higher-ranked industries [6]