Lucid Group (LCID) Stock Slides as Market Rises: Facts to Know Before You Trade

Lucid Group (LCID) ended the recent trading session at $11.06, demonstrating a -3.57% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.03%. Elsewhere, the Dow saw a downswing of 0.58%, while the tech-heavy Nasdaq appreciated by 0.28%. Shares of the an electric vehicle automaker have depreciated by 2.88% over the course of the past month, outperforming the Auto-Tires-Trucks sector's loss of 4.66%, and lagging the S&P 500's gain of 0.6%.The investment community will be closely monitoring the performance of Lucid Group in its forthcoming earnings report. The company is scheduled to release its earnings on February 24, 2026. On that day, Lucid Group is projected to report earnings of -$2.49 per share, which would represent a year-over-year decline of 13.18%. 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. For the full year, the Zacks Consensus Estimates project earnings of -$10.73 per share and a revenue of $1.28 billion, demonstrating changes of +14.16% and 0%, respectively, from the preceding year. It's also important for investors to be aware of any recent modifications 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. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating 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 #5 (Strong 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 evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com. Radical New Technology Could Hand Investors Huge GainsQuantum Computing is the next technological revolution, and it could be even more advanced than AI.While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.See Top Quantum Stocks Now >>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