Lucid Group Shares Jump 2.12% Before Feb. 24 Earnings With Revenue Forecast Near $462M
Lucid Group shares rose 2.12% to close at $11.09, outperforming the S&P 500’s 0.47% gain and trimming a 4.15% monthly loss compared to a 0.16% drop for the index. Shares head into Feb. 24 earnings with Q4 EPS projected at -$2.49 vs -$2.28 year-ago; revenue forecast at $461.5M, up 96.8%.
1. Stock Performance
Lucid Group shares advanced 2.12% to $11.09 on Feb. 9, outperforming the S&P 500’s 0.47% gain while the broader index fell 0.16% over the past month compared to Lucid’s 4.15% loss. This outperformance highlights investor interest as the electric-vehicle maker narrows its recent underperformance.
2. Q4 Earnings Outlook
Investors are focused on Lucid’s Q4 earnings scheduled for Feb. 24, with analysts forecasting EPS of -$2.49, down 13.18% from -$2.28 in the year-ago quarter. Revenue is expected to reach $461.5 million, reflecting a 96.8% year-over-year increase driven by higher production volumes.
3. Full-Year Estimates
For the 2025 fiscal year, consensus estimates call for EPS of -$10.73 per share and revenue of $1.28 billion, marking respective shifts of +14.16% and +58.74% from the prior year. These projections underscore rapid top-line growth as Lucid scales deliveries and manufacturing capacity.
4. Analyst Rank and Industry Position
Lucid currently holds a Zacks Rank of #4 (Sell), with consensus EPS revisions remaining unchanged over the past month. Its Auto-Tires-Trucks industry ranks in the top 35% of over 250 groups, indicating mixed analyst sentiment despite sector strength.