Workflow
Lucid Group (LCID) Stock Slides as Market Rises: Facts to Know Before You Trade
Lucid Lucid (US:LCID) ZACKSยท2025-07-16 23:16

Company Performance - Lucid Group (LCID) closed at $2.29, reflecting a -1.72% change from the previous day, underperforming the S&P 500's gain of 0.32% [1] - Over the past month, Lucid Group's shares increased by 8.37%, outperforming the Auto-Tires-Trucks sector's decline of 0.82% and the S&P 500's rise of 4.51% [1] Upcoming Earnings - Lucid Group's earnings report is scheduled for August 5, 2025, with projected EPS of -$0.24, indicating a 17.24% increase year-over-year [2] - Revenue is expected to reach $294.38 million, representing a 46.76% increase from the same quarter last year [2] Annual Estimates - For the annual period, Zacks Consensus Estimates predict an EPS of -$0.92 and revenue of $1.35 billion, reflecting increases of +26.4% and +67.58% respectively compared to the previous year [3] - Recent analyst estimate revisions suggest a positive outlook for Lucid Group's business trends [3] Zacks Rank and Industry Performance - Lucid Group currently holds a Zacks Rank of 4 (Sell), with the consensus EPS projection remaining unchanged over the past 30 days [5] - The Automotive - Domestic industry, part of the Auto-Tires-Trucks sector, ranks 154th out of over 250 industries, placing it in the bottom 38% [6] - Research indicates that top-rated industries outperform the bottom half by a factor of 2 to 1 [6]