Lucid Group (LCID) Stock Declines While Market Improves: Some Information for Investors

Lucid Group (LCID) closed the most recent trading day at $3.08, moving -1.6% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.78%. At the same time, the Dow added 1.14%, and the tech-heavy Nasdaq gained 0.61%. The stock of an electric vehicle automaker has risen by 44.24% in the past month, leading the Auto-Tires-Trucks sector's gain of 4.92% and the S&P 500's gain of 5.88%.Market participants will be closely following the financial results of Lucid Group in its upcoming release. The company plans to announce its earnings on August 5, 2025. The company is expected to report EPS of -$0.24, up 17.24% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $294.38 million, up 46.76% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.92 per share and a revenue of $1.35 billion, indicating changes of +26.4% and +67.58%, respectively, from the former year. Investors might also notice recent changes to analyst estimates for Lucid Group. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, Lucid Group possesses a Zacks Rank of #4 (Sell). The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 184, finds itself in the bottom 26% echelons of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. 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. 5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lucid Group, Inc. (LCID): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks