Why Lucid Group (LCID) Dipped More Than Broader Market Today

Lucid Group (LCID) ended the recent trading session at $10.94, demonstrating a -2.84% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.19%. At the same time, the Dow lost 0.8%, and the tech-heavy Nasdaq lost 0.1%. Shares of the an electric vehicle automaker have depreciated by 4.66% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 0.19%, and the S&P 500's gain of 2.26%.Market participants will be closely following the financial results of Lucid Group in its upcoming release. The company plans to announce its earnings on February 24, 2026. The company is forecasted to report an EPS of -$2.49, showcasing a 13.18% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $461.5 million, indicating a 96.83% growth compared to the corresponding quarter of the prior 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. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Lucid Group. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing 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 currently has a Zacks Rank of #4 (Sell). The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 83, putting it in the top 34% of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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. Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant 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