LCID

Winnebago Industries, Inc.WGO is focusing on operational improvements, product innovation and premium brand positioning to strengthen its competitive standing in the recreational vehicle market. The company's motorhome business is showing signs of recovery, while cost-cutting initiatives and improving cash flow could support earnings growth and shareholder returns. Shares of WGO are down 28.8% over the past year against the industry's 21.5% fall. Image Source: Zacks Investment Research Let's examine the factors supporting WGO's growth prospects. Winnebago's Motorhome RV segment is witnessing an operational recovery, supported by cost optimization, disciplined pricing and manufacturing efficiencies. In fiscal 2026, segment revenues rose 8.4% year over year to $1.26 billion, while operating income improved to $33.2 million from a $7.3 million loss. Operating margin expanded 320 basis points (bps) to 2.6%. Despite a 10.4% revenue decline in the fiscal fourth quarter sequentially, operating margin improved 250 bps to 2.4%. Winnebago continues to expand its product portfolio to attract customers across different recreational categories and price points. Recent launches include Grand Design's Lineage motorhomes, Winnebago's ARKA adventure motorhome and Thrive travel trailers, Newmar's Freedom Aire, Grand Design's Foundation destination trailer and Barletta's Sanza pontoon. The company is also investing in advanced construction technologies, including Omega Frame and composite roofing, to improve product differentiation. Winnebago's portfolio of premium brands, including Grand Design, Newmar, Chris-Craft and Barletta, remains a competitive advantage. Its strong brand positioning is reflected in a 14.7% share of RV retail dollar sales compared with a 10.4% unit share for the trailing 12 months through August 2026. Barletta is also gaining traction in the U.S. aluminum pontoon market. Its market share increased to 9.7% in fiscal 2026 from 9% in fiscal 2025 and 4.7% in fiscal 2021. Continued market share gains should support the company's growth prospects. Winnebago is pursuing operational efficiency through manufacturing consolidation, sourcing initiatives and expense control. In fiscal 2027, the company plans to consolidate Towable RV production from two assembly campuses to one and Motorhome RV production from four campuses to three. Operating expenses declined to $284 million in fiscal 2026 from $307.9 million a year ago, reflecting ongoing cost discipline. Management expects fiscal 2027 adjusted earnings of $1.65-$2.25 per share, with the midpoint indicating approximately 9% year-over-year growth. WGO's cash generation also strengthened, with operating cash flow rising 30.9% year over year to $168.7 million in fiscal 2026 and free cash flow increasing to $144.6 million from $89.5 million. Cash and cash equivalents reached $181.4 million. In August 2026, the company raised its quarterly dividend 3% to 36 cents per share and extended its $350 million revolving credit facility through 2031. With its motorhome business gaining momentum, brands strengthening their market positions and cost-saving initiatives taking shape, the company is building a foundation for recovery. Investors should consider buying the stock to benefit from its improving performance and long-term growth potential. Winnebago Industries, Inc. price-consensus-chart | Winnebago Industries, Inc. Quote WGO currently carries Zacks Rank #2 (Buy). Other top-ranked stocks include Honda Motor HMC, Lucid Group, Inc. LCID and Toyota TM. HMC sports a Zacks Rank #1 (Strong Buy), while LCID and TM carry a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for HMC's current-year earnings is pegged at $2.29 per share, indicating a 208.5% year-over-year increase. The estimate for earnings has moved northward over the past 60 days. The Zacks Consensus Estimate for LCID's current-year loss is pegged at $12.15 per share. Its earnings missed the Zacks Consensus Estimate in each of the trailing four quarters, with the average negative earnings surprise being 30.3%. The Zacks Consensus Estimate for TM's current fiscal-year earnings is pegged at $20.3 per share, indicating a 3.5% year-over-year increase. The estimate for earnings has moved down over the past 30 days. 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 Winnebago Industries, Inc. (WGO) : Free Stock Analysis Report Toyota Motor Corporation (TM) : Free Stock Analysis Report Honda Motor Co., Ltd. (HMC) : Free Stock Analysis Report Lucid Group, Inc. (LCID) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Genuine Parts GPC continues to face operating challenges following its third-quarter 2026 earnings release, as elevated expenses and uneven automotive demand weigh on profitability. While the company's Industrial segment remains a growth driver, margin pressures and geopolitical disruptions are limiting its ability to translate sales gains into stronger earnings. The planned separation of its Automotive and Industrial businesses could also introduce high costs and execution risks. Shares of GPC are down 6.4% over the past year compared with the industry's 11.6% fall. Image Source: Zacks Investment Research Let's examine the key factors weighing on GPC stock. Genuine Parts continues to face elevated health care, freight, rent and wage expenses across its markets. Although pricing actions and sourcing efficiencies have helped offset product cost inflation, operating expenses continue to limit profitability. In the third quarter of 2026, adjusted gross margin expanded 70 basis points (bps) to 38.1%, but adjusted EBITDA margin remained flat at 8.4%, indicating that higher expenses absorbed the gross margin improvement. The pressure was more evident in the Automotive segment. North America Automotive EBITDA declined 2.9%, while its EBITDA margin contracted 40 bps to 7.6%. Despite restructuring savings, persistent supplier cost increases and elevated freight and fuel expenses could continue to constrain margin expansion through the end of 2026. The Iran conflict has increased operating expenses and weakened automotive demand across key markets. Management estimated the conflict reduced third-quarter 2026 EBITDA by $16 million, or 9 cents per share, while lowering EBITDA margin by approximately 20 bps. The cost burden has continued to accumulate. Fuel and diesel prices increased approximately 30% and 50%, respectively, year over year, while incremental conflict-related operating expenses reached around $35 million in the first nine months of 2026. Management expects an additional $15-$25 million in related costs in the fourth quarter. Continued geopolitical uncertainty could further increase energy, freight and supplier expenses while weighing on consumer spending. GPC's Automotive business faces an uncertain demand environment as consumers remain sensitive to fuel prices and weakening confidence. North America Automotive comparable sales growth slowed to 1.7% in the third quarter of 2026 from 2.6% in the second quarter. U.S. comparable sales increased just 1.8%, while NAPA retail comparable sales declined approximately 3%. International markets also recorded modest growth, with comparable sales increasing 1.3% in Canada, 1.1% in Europe and 0.7% in Australasia. However, these gains have not eliminated concerns about the underlying weakness in automotive retail demand. The combination of slower sales momentum and mounting operating expenses could further pressure Automotive profitability. Continued weakness in retail sales could make it harder for GPC to achieve a meaningful recovery in its Automotive business. Genuine Parts remains on track to separate its Automotive and Industrial businesses in the first quarter of 2027. Although the move is intended to sharpen strategic focus and allow each business to pursue distinct growth strategies, the transition is expected to bring substantial additional costs. Following the separation, the Automotive business is expected to absorb roughly $250 million in additional corporate costs and dis-synergies, while Industrial is expected to incur approximately $100 million. Separation-related costs totaled $21 million before taxes in the third quarter of 2026, bringing the nine-month total to roughly $55 million. These expenses primarily reflect advisory services, professional fees and other transition activities. The separation will also require distinct corporate functions, technology systems and capital structures, increasing execution requirements. Given persistent cost inflation, uneven automotive demand and rising separation expenses, Genuine Parts faces significant challenges to improving profitability. These headwinds, coupled with a narrower earnings outlook, could weigh on future performance, making selling GPC stock the prudent approach. Genuine Parts Company price-consensus-chart | Genuine Parts Company Quote GPC currently carries Zacks Rank #4 (Sell). Some better-ranked stocks in the Auto space are Honda Motor HMC, Lucid Group, Inc. LCID and Toyota TM. HMC sports a Zacks Rank #1 (Strong Buy), while LCID and TM carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for HMC's current-year earnings is pegged at $2.29 per share, indicating a 208.5% year-over-year increase. The estimate for earnings has moved northward over the past 60 days. The Zacks Consensus Estimate for LCID's current-year loss is pegged at $12.15 per share, 0.5% wider year over year. Its earnings missed the Zacks Consensus Estimate in each of the trailing four quarters, with the average negative earnings surprise being 30.3%. The Zacks Consensus Estimate for TM's current fiscal-year earnings is pegged at $20.3 per share, indicating a 3.5% year-over-year increase. The estimate for earnings has moved down over the past 30 days. 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 Genuine Parts Company (GPC) : Free Stock Analysis Report Toyota Motor Corporation (TM) : Free Stock Analysis Report Honda Motor Co., Ltd. (HMC) : Free Stock Analysis Report Lucid Group, Inc. (LCID) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

General Motors GM reported third-quarter 2026 adjusted earnings of $3.7 per share, up 32.2% year over year. The figure surpassed the Zacks Consensus Estimate of $3.55. Higher wholesale volumes, favorable vehicle mix and cost efficiencies supported the outperformance. Revenues increased 2.9% to $50.02 billion and beat the consensus estimate of $48.21 billion. Global wholesale volume rose to 1.03 million vehicles from 976,000 a year earlier. Adjusted earnings before interest and taxes (EBIT) increased 21.6% to $4.11 billion, while adjusted EBIT margin expanded 130 basis points to 8.2%. General Motors Company price-consensus-eps-surprise-chart | General Motors Company Quote GM North America generated revenues of $41.42 billion, up 2.1% from the prior-year quarter. Wholesale volume increased to 870,000 vehicles from 840,000, supported by higher internal combustion engine (ICE) shipments. ICE volume increased by 53,000 units, partly offset by a 23,000-unit decline in electric vehicle volume. The segment's adjusted EBIT surged 43.4% to $3.59 billion. Adjusted EBIT margin expanded 250 basis points to 8.7%. Lower warranty costs, favorable EV inventory adjustments and improved vehicle mix supported profitability. Higher commodity, logistics and manufacturing costs partly offset these benefits. U.S. dealer inventory ended the quarter at 568,000 vehicles compared with 527,000 a year earlier. The company maintained pricing discipline, with incentives averaging 4.8% of manufacturer's suggested retail price, below the industry average of 6.6%. GM International revenues increased 12.1% year over year to $4.09 billion. Wholesale volume climbed to 159,000 vehicles from 137,000, supported by higher shipments in South America. However, adjusted EBIT declined 87.6% to $28 million. Higher manufacturing and logistics expenses, alongside a negative mark-to-market adjustment related to GM's investment in Momenta, weighed on profitability. Higher volumes and favorable foreign exchange movements provided partial relief. GM's China joint ventures generated equity income of $32 million, down 60% year over year. Nevertheless, the China business delivered its eighth consecutive profitable quarter, supported by restructuring efforts and strong new-energy vehicle sales. GM Financial revenues declined marginally to $4.31 billion from $4.34 billion in the year-ago quarter. Ending earning assets increased to $126.9 billion from $126.5 billion. Adjusted earnings before taxes declined 16.9% to $668 million. Lower interest expenses and higher retail yields were offset by increased provisions for loan losses and higher lease depreciation expenses. The financing arm paid a $250 million dividend to GM during the quarter, bringing year-to-date dividends to $1.2 billion. OnStar ended the quarter with deferred revenues of $6.8 billion, up approximately 40% year over year. Recognized revenues exceeded $800 million, increasing 15%. The company remained on track to add approximately 1 million subscribers in 2026, approaching 13 million by year-end. Super Cruise recognized revenues increased approximately 60%. GM delivered around 83,000 Super Cruise-equipped vehicles during the quarter, bringing year-to-date sales above 243,000 units. Management expects to exceed 850,000 subscribers by year-end, with the post-three-year prepaid subscription attach rate remaining between 30% and 40%. Automotive operating cash flow increased 32.6% to $8.05 billion. Adjusted automotive free cash flow jumped 40% to $5.88 billion, driven by higher automotive earnings and tariff-related timing benefits. Capital expenditures totaled $2.33 billion for automotive operations. GM repurchased $2.5 billion of shares, retiring approximately 29 million shares, and distributed $200 million in dividends. Automotive cash and marketable securities totaled $23.1 billion, while total automotive liquidity reached $37.1 billion. The board also authorized a new $20 billion multi-year share repurchase program. General Motors narrowed its full-year adjusted EBIT guidance to $14.5-$15.5 billion from $14-$16 billion. Adjusted earnings are now projected at $12.75-$13.75 per share, compared with the previous range of $12-$14. The company raised its adjusted automotive free cash flow forecast to $11.5-$12.5 billion from $9.5-$11.5 billion. It maintained expectations for an 8-10% adjusted EBIT margin in North America and capital spending, including battery joint-venture investments, of $10-$12 billion. Management expects warranty savings toward the upper end of $1-$1.5 billion, while commodity inflation, including logistics and memory-chip costs, is projected at approximately $2 billion. Gross tariff costs are expected near the lower end of the $2.5-$3.5 billion range. The board declared a quarterly dividend of 18 cents per share, payable Dec. 17, 2026, to shareholders of record as of Dec. 4. GM currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the Auto-Tires-Trucks space are Rivian Automotive, Inc. RIVN, Fox Factory Holding Corp. FOXF and Lucid Group, Inc. LCID. RIVN is expected to report third-quarter fiscal 2026 results on Oct. 29. The Zacks Consensus Estimate for loss is pegged at 67 cents per share. RIVN currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. FOXF is expected to report third-quarter fiscal 2026 results on Nov. 5. The Zacks Consensus Estimate for loss is pegged at 48 cents per share. FOXF currently carries a Zacks Rank #1. LCID is expected to report third-quarter 2026 results on Nov. 9. The Zacks Consensus Estimate for loss is pegged at $2.78 per share. LCID currently carries a Zacks Rank #2. 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 General Motors Company (GM) : Free Stock Analysis Report Fox Factory Holding Corp. (FOXF) : Free Stock Analysis Report Lucid Group, Inc. (LCID) : Free Stock Analysis Report Rivian Automotive, Inc. (RIVN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Genuine Parts Company GPC reported third-quarter 2026 adjusted earnings of $2.07 per share, missing the Zacks Consensus Estimate of $2.09. The bottom line increased 4.5% from $1.98 in the year-ago quarter. Revenues rose 4.2% year over year to $6.52 billion and surpassed the consensus estimate of $6.5 billion. Comparable sales increased 2.9%, led by strong Industrial demand. Acquisitions and favorable currency movements also supported growth, while North America Automotive faced margin pressure. Genuine Parts Company price-consensus-eps-surprise-chart | Genuine Parts Company Quote The revenue increase included a 0.9% contribution from acquisitions and a combined 0.4% favorable impact from foreign currency and other factors. Growth was recorded across North America Automotive, International Automotive and Industrial operations. Adjusted gross margin expanded 70 basis points to 38.1%. However, adjusted selling, administrative and other expenses represented 29.5% of sales, up from 28.8% a year earlier, partly offsetting the gross-margin improvement. Industrial sales advanced 6.1% year over year to $2.41 billion. Comparable sales climbed 5.5%, while favorable currency movements added 0.5% and acquisitions contributed 0.1%. The segment generated EBITDA of $317 million, up 11.2% from the prior-year period. EBITDA margin expanded 60 basis points to 13.2%. Growth was recorded in 12 of 14 end markets, while eight markets improved sequentially. Maintenance, repair and operations sales grew approximately 5%, supported by large corporate accounts. Value-added solutions sales increased nearly 10%, improving sequentially from the second quarter. North America Automotive sales rose 2.2% to $2.54 billion, driven by a 1.7% comparable-sales gain and a 1.1% contribution from acquisition. Foreign currency and other factors had a combined 0.6% unfavorable impact. Segment EBITDA declined 2.9% to $194 million, while EBITDA margin contracted 40 basis points to 7.6%. Company-owned stores in the United States delivered comparable-sales growth of approximately 3.5%, including roughly 5% growth in the commercial business. The Benson acquisition continued to perform ahead of financial and operational expectations. International Automotive revenues rose 4.5% to $1.57 billion. Foreign currency and acquisitions each contributed 1.7%, while comparable sales increased 1.1%. Segment EBITDA improved 4.7% to $141 million, with margin remaining flat at 9%. Europe recorded sequential improvement in comparable sales, particularly in the United Kingdom. Australasia delivered positive sales growth despite a challenging operating environment. Local-currency sales increased 3.6% in Europe and 1.7% in Australasia. GAAP net income declined to $224 million from $226 million a year earlier, while diluted earnings remained flat at $1.62 per share. Adjusted net income increased to $286 million from $276 million. The difference between GAAP and adjusted results reflected approximately $61 million of after-tax adjustments. Restructuring and other costs totaled $64.5 million before taxes, while separation expenses reached $21.2 million. Adjusted EBITDA increased 4.2% to $549 million, with margin unchanged at 8.4%. GPC remains on track to separate its Automotive and Industrial businesses into two publicly traded companies in the first quarter of 2027. GPC lowered the upper end of its 2026 adjusted earnings guidance to $7.75 per share from $8, retaining the lower end at $7.5. The company reduced its GAAP earnings forecast to $5.6-$5.85 per share from $5.9-$6.4. Total sales growth guidance remains at 3-5.5%. North America Automotive growth is projected at 2.5-4.5%, International Automotive at 5-8% and Industrial at 3-6%. The company maintained its adjusted EBITDA outlook of $2-$2.2 billion. Cash from operations totaled $817 million in the first nine months of 2026, up from $511 million a year earlier. Free cash flow reached $502 million compared with $160 million in the prior-year period. Genuine Parts ended September with $2.4 billion of liquidity, including $763 million in cash. Year-to-date capital expenditures were $314 million, acquisition spending totaled $69 million and cash dividends reached $434 million. The company continues to expect full-year operating cash flow of $1-$1.2 billion and free cash flow of $550-$700 million. GPC currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the Auto-Tires-Trucks space are Rivian Automotive, Inc. RIVN, Fox Factory Holding Corp. FOXF and Lucid Group, Inc. LCID. RIVN is expected to report third-quarter fiscal 2026 results on Oct. 29. The Zacks Consensus Estimate for loss is pegged at 67 cents per share. RIVN currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. FOXF is expected to report third-quarter fiscal 2026 results on Nov. 5. The Zacks Consensus Estimate for loss is pegged at 48 cents per share. FOXF currently sports a Zacks Rank #1. LCID is expected to report third-quarter 2026 results on Nov. 9. The Zacks Consensus Estimate for loss is pegged at $2.78 per share. LCID currently carries a Zacks Rank #2. 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 Genuine Parts Company (GPC) : Free Stock Analysis Report Fox Factory Holding Corp. (FOXF) : Free Stock Analysis Report Lucid Group, Inc. (LCID) : Free Stock Analysis Report Rivian Automotive, Inc. (RIVN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Tesla TSLA is slated to release third-quarter 2026 results on Wednesday, after market close. The Zacks Consensus Estimate for the to-be-reported quarter's earnings and revenues is pegged at 44 cents per share and $27.8 billion, respectively. The earnings estimate for the to-be-reported quarter has been revised upward by a cent over the past seven days. The bottom-line projection indicates a year-over-year decline of 12%. The Zacks Consensus Estimate for quarterly revenues suggests a year-over-year contraction of 1.1%. Image Source: Zacks Investment Research For full-year 2026, the Zacks Consensus Estimate for TSLA's revenues is pegged at $106 billion, implying a rise of 11.9% year over year. The consensus mark for 2026 EPS is pegged at $1.69, suggesting an uptick of around 2% on a year-over-year basis. In the trailing four quarters, this electric vehicle (EV) and technology giant topped EPS estimates on two occasions for as many misses, with the average negative earnings surprise being 3.67%. Image Source: Zacks Investment Research Our proprietary model does not predict an earnings beat for Tesla this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That's not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. TSLA has an Earnings ESP of -10.98% and a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank stocks here. Tesla delivered 486,532 vehicles (comprising 478,237 units of Model 3/Y and 8,295 Other models) in the third quarter of 2026, up 1.3% sequentially. It was Tesla's strongest quarter for EV sales since the third quarter of 2025, when U.S. buyers rushed to purchase before federal EV tax credits expired, prompting the automaker to see a temporary surge in demand. However, the deliveries missed our model estimate of 494,446 units and also declined 2.1% on a year-over-year basis. Tesla's smaller pure-play EV peers—Rivian Automotive RIVN and Lucid Group LCID—came up with contrasting third-quarter delivery reports. While Rivian delivered 19,248 vehicles, topping estimates and rising 45.8% year over year, Lucid fell short of expectations, delivering just 3,806 vehicles, down 6.6%. Coming back to Tesla, we expect automotive sales of roughly $20 billion, indicating a contraction of 1.6%. Our estimate for the company's energy business revenues is pegged at $3.7 billion, suggesting an increase of 10%. However, we expect Tesla's total operating income to decline more than 68% due to higher cost of revenues, R&D and SG&A expenses. Spending related to AI, Cybercab, Optimus and Tesla Semi is likely to have impacted operating results and pressured free cash flow. In the second quarter of 2026, the company's free cash flow turned negative to $1.09 billion, and with capex on the rise, third-quarter FCF is also expected to have remained negative. Year to date, shares of Tesla have plunged 21%, underperforming the sector. Tesla stock is quite overvalued. Going by its price/sales ratio, the company is trading at a forward sales multiple of 12.09, way higher than the sector as well as its own five-year average. Image Source: Zacks Investment Research Tesla's vehicle demand is stabilizing, and energy storage deployments are rising, but those gains are not translating into profits. Margins are on the decline, and heavy capex needs are becoming a major sticking point. Management now expects 2026 capex to exceed $25 billion and spending to grow for the next two to three years. This front-loaded investment is likely to keep the cash generation weak before newer businesses, including AI, AVs and robotics, contribute enough profit to offset the cost of scaling them. Investors are mostly paying for its bets on AI-driven autonomy and the Optimus humanoid robot, which Musk has framed as the company's next growth chapters. But the gap between promise and progress is huge. Tesla's robotaxi network had covered roughly 380,000 driverless miles, according to its second-quarter earnings release. Close peer Waymo has passed 220 million rider-only miles. Optimus is still at an early stage, and the company expects ramp-up will be gradual because many parts and supply chains are new. These bets offer genuine long-term potential, but they must eventually produce meaningful financial returns to justify the cost. Until then, execution and valuation risks remain concerning. As such, investors are better off staying away from the stock now. And if they are sitting on profits, it might be time to book the gains ahead of the third-quarter earnings release. 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 Tesla, Inc. (TSLA) : Free Stock Analysis Report Lucid Group, Inc. (LCID) : Free Stock Analysis Report Rivian Automotive, Inc. (RIVN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Tesla (NASDAQ:TSLA), a global EV and energy storage manufacturer, closed at $354.72, down 2.13%. Tesla fell after its Roadster reveal, and investors turned their attention to next week's earnings. Trading volume reached 61.6M shares, coming in about 64% above its three-month average of 37.5M shares. Tesla IPO'd in 2010 and has grown 22,209% since going public. S&P 500 (SNPINDEX:^GSPC) closed at 7,661, down 1.07%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) ended at 26,140, down 2.15%. Among electric vehicle and energy generation/storage manufacturing peers, Rivian Automotive (NASDAQ:RIVN) closed at $12.42, down 4.61%, and Lucid Group (NASDAQ:LCID) closed at $3.13, down 10.57%, underscoring weaker trading across EV names. As interesting as Tesla's Roadster reveal may have been (if you haven't seen it yet, you should look it up), most analysts seemed to agree with investor Gene Munster's consensus that it was an "engineering flex" more than any type of breakthrough for the stock itself. Whether you agree with that notion or not, the reveal did help respark SpaceX (NASDAQ:SPCX) and Tesla merger rumors, as the Roadster was built using SpaceX thrusters, highlighting the vertical integration possible if the companies operated under the same roof. Prediction markets saw the odds of a deal between the two companies nearly double overnight to 56%, as the M&A narrative continues to gain steam. To me, SpaceX is the more interesting stand-alone company, but a combined company with leading businesses in space operations, robotics, AI, and autonomous fleets would bring a level of optionality in next-gen industries matched by only a few peers, if any. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout, a massive technology build-out that Google's CEO says could be more profound than fire or electricity. While everyone watches the chip designers, one "backbone" company provides the critical technology that Nvidia and AMD literally cannot function without. We've detailed this under-the-radar player in our new AI Playbook. Continue » Josh Kohn-Lindquist has positions in Space Exploration Technologies and Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Stock Market Today, Oct. 16: Tesla Slips 2% as Roadster Reveal Fades Before Earnings was originally published by The Motley Fool

Looking back on automobile manufacturing stocks' Q2 earnings, we examine this quarter's best and worst performers, including Lucid (NASDAQ:LCID) and its peers. Much capital investment and technical know-how are needed to manufacture functional, safe, and aesthetically pleasing automobiles for the mass market. Barriers to entry are therefore high, and auto manufacturers with economies of scale can boast strong economic moats. However, this doesn't insulate them from new entrants, as electric vehicles (EVs) have entered the market and are upending it. This has forced established manufacturers to not only contend with emerging EV-first competitors but also decide how much they want to invest in these disruptive technologies, which will likely cannibalize their legacy offerings. The 11 automobile manufacturing stocks we track reported a mixed Q2. As a group, revenues beat analysts' consensus estimates by 2.2%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 13.7% since the latest earnings results. Founded by a former Tesla Vice President, Lucid Group (NASDAQ:LCID) designs, manufactures, and sells luxury electric vehicles with long-range capabilities. Lucid reported revenues of $405.3 million, up 56.2% year on year. This print exceeded analysts' expectations by 4.1%. Despite the top-line beat, it was still a slower quarter for the company with a significant miss of analysts' EBITDA estimates and a significant miss of analysts' EPS estimates. "Lucid has leading technology, compelling products and deeply committed people, but potential is not performance," said Silvio Napoli, CEO of Lucid. Lucid achieved the fastest revenue growth in the group. Still, the market seems discontent with the results. The stock is down 46.6% since reporting and currently trades at $4.16. Is now the time to buy Lucid? Access our full analysis of the earnings results here, it's free. The manufacturer of Amazon's delivery trucks, Rivian (NASDAQ:RIVN) designs, manufactures, and sells electric vehicles and commercial delivery vans. Rivian reported revenues of $1.66 billion, up 27.2% year on year, outperforming analysts' expectations by 7.9%. The business had an incredible quarter with a solid beat of analysts' EBITDA estimates and full-year EBITDA guidance exceeding analysts' expectations. Rivian pulled off the biggest analyst estimate beat among its peers. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 13.9% since reporting. It currently trades at $14.50. Is now the time to buy Rivian? Access our full analysis of the earnings results here, it's free. Created to provide high-quality, affordable RVs to the post-war American family, Winnebago (NYSE:WGO) is a manufacturer of recreational vehicles, providing a range of motorhomes, travel trailers, and fifth-wheel products for outdoor and adventure lifestyles. Winnebago reported revenues of $698.7 million, down 9.9% year on year, falling short of analysts' expectations by 7.9%. It was a disappointing quarter as it posted full-year revenue guidance missing analysts' expectations significantly and full-year EPS guidance missing analysts' expectations significantly. Winnebago delivered the weakest performance against analyst estimates, slowest revenue growth, and weakest full-year guidance update of the whole group. As expected, the stock is down 8.2% since the results and currently trades at $25.03. Read our full analysis of Winnebago's results here. With its EyeQ chips installed in over 200 million vehicles worldwide, Mobileye (NASDAQ:MBLY) develops advanced driver assistance systems and autonomous driving technologies that help vehicles detect and respond to road conditions. Mobileye reported revenues of $508 million, flat year on year. This print surpassed analysts' expectations by 4.7%. Overall, it was an exceptional quarter as it also recorded a beat of analysts' EPS estimates and a solid beat of analysts' adjusted operating income estimates. Mobileye scored the highest full-year guidance raise among its peers. The stock is down 15.4% since reporting and currently trades at $7.43. Read our full, actionable report on Mobileye here, it's free. Created through the acquisition and merger of various RV manufacturers, THOR Industries manufactures and sells a range of recreational vehicles, including motorhomes and travel trailers, catering to consumers seeking the freedom and comfort of the RV lifestyle. THOR Industries reported revenues of $2.31 billion, down 8.4% year on year. This number topped analysts' expectations by 6.1%. More broadly, it was a slower quarter as it logged a significant miss of analysts' EBITDA estimates and a significant miss of analysts' EPS estimates. The stock is down 3.2% since reporting and currently trades at $67.67. Read our full, actionable report on THOR Industries here, it's free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market's biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market's primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market's dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

Lucid Group reported on Monday that third-quarter output came in at 2,954 vehicles while 3,806 were handed over to customers, with management intentionally throttling the production line to burn through a stockpile of finished cars sitting in inventory. Output was 38% below the 4,774 units assembled in the prior quarter, according to Electrek. Deliveries dropped 6.7% from the 4,078 vehicles the company handed over in the third quarter of 2025, according to CNBC. For the first time this year, deliveries exceeded production — by 852 units — as the company drew down existing vehicle inventory rather than building new cars to meet demand. The results reflect CEO Silvio Napoli's "operating reset," an effort targeting $1.4 billion in cash flow improvements in 2026, the company said. Breaking that target down, the company is looking to recover $600 million to $800 million by selling off vehicle inventory, trim another $500 million through reduced capital investment, and shave roughly $200 million from its operating expense base. The company added that its Gravity SUV had seen demand "continued to regain momentum" but stopped short of disclosing any model-level sales figures. The third quarter marked the first complete three-month stretch in which Lucid's Arizona facility ran on a single shift after previously operating two. That shift elimination, announced in June, was part of the same operating reset and was consistent with the sequential production decline, the company said. The results come after Lucid cut approximately 18% of its U.S. workforce in June when Napoli took over as CEO, eliminating the second shift at its AMP-1 plant in Casa Grande, Arizona, and removing the chief operating officer role. That restructuring followed an earlier 12% headcount reduction in February. A seat defect that halted Gravity SUV shipments in February caused more than $200 million in revenue impairment during the first quarter and forced Lucid to withdraw its full-year production guidance of 25,000 to 27,000 vehicles. Through three quarters of 2026, Lucid has produced 13,228 vehicles and delivered 10,852, according to Electrek. Lucid stock closed up less than 1% on Monday at $4.17 and was little changed in after-hours trading. The stock is down more than 60% this year. Lucid will report full third-quarter financial results, including net income and cash flow, on November 9, the company said.

Operating reset advances as Lucid reduces vehicle inventory and aligns production with near-term demand NEWARK, Calif., Oct. 5, 2026 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced software-defined vehicles and technologies, today announced production and delivery totals for the quarter ended September 30, 2026. Lucid produced 2,954 vehicles and delivered 3,806 vehicles during the third quarter of 2026.1 Deliveries exceeded production as the company continued to execute its planned inventory reduction, converting existing vehicle inventory into customer deliveries as part of the previously announced operating reset targeting $1.4 billion of cash flow improvements in 2026. Demand for the Lucid Gravity continued to regain momentum. As part of its operating reset, Lucid continued to align production with near-term demand. Production declined sequentially, consistent with the previously announced elimination of a second shift at AMP-1 in June, while deliveries were above production as the company reduced existing vehicle inventory. Q3 2026 Earnings Call Lucid will host a conference call to discuss third quarter 2026 financial results and provide a progress update on its key priorities on November 9, 2026. Conference Call Details Date: Monday, November 9, 2026 Time: 2:30 pm PT / 5:30 pm ET Webcast: https://ir.lucidmotors.com (live and replay) Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations website, https://ir.lucidmotors.com. To enhance engagement with the company's shareholder base and facilitate connections with its investors, Lucid is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by Lucid management during the earnings call. Starting on October 23, 2026, at 2:30 pm PT / 5:30 pm ET, all shareholders can submit questions by visiting: https://app.saytechnologies.com/lucid-group-2026-q3. This Q&A platform will remain open until 2:30 pm PT / 5:30 pm ET on November 6, 2026. Shareholders can email [email protected] for any support inquiries. 1 Lucid's net income and cash flow results will be announced along with the rest of its financial performance when Lucid announces third quarter earnings. Lucid vehicle production and delivery numbers represent only one measure of the company's operating performance and should not be relied on as sole indicators of quarterly financial results, which depend on a variety of factors. About Lucid Group Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid's proprietary technology and software defined vehicle architectures, the company's lineup of award-winning vehicles brings Lucid's "Compromise Nothing™" approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities. Investor Relations Contact [email protected] Sign up for investor email alerts: https://ir.lucidmotors.com/ir-resources/email-alerts Media Contact [email protected] Trademarks This communication contains trademarks, service marks, trade names and copyrights of Lucid Group, Inc. and its subsidiaries and other companies, which are the property of their respective owners. Forward-Looking Statements This communication includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict," "scheduled," "aiming," "targeting," "objective," "focus," "strategic" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Lucid's expectations related to production and delivery volume outlook and Lucid's finalized production and delivery totals for the quarter ended September 30, 2026. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid's management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the headings "Cautionary Note Regarding Forward-looking Statements" and "Risk Factors" in Lucid's Annual Report on Form 10-K for the year ended December 31, 2025, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, as well as in other documents Lucid has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or Lucid's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lucid currently does not know or that Lucid currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lucid's expectations, plans or forecasts of future events and views as of the date of this communication. Lucid anticipates that subsequent events and developments will cause Lucid's assessments to change. However, while Lucid may elect to update these forward-looking statements at some point in the future, Lucid specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lucid's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements. View original content to download multimedia:https://www.prnewswire.com/news-releases/lucid-announces-q3-production-and-deliveries-sets-date-for-third-quarter-2026-earnings-302898808.html

Tesla (NASDAQ: TSLA) stock currently trades at about 350 times earnings. That's a towering premium to other automotive stocks. Ford Motor Company (NYSE: F), for example, trades at just 11 times earnings. Many competing pure-play electric vehicle (EV) stocks don't currently generate profits, making them difficult to compare on an earnings basis to Tesla. On a revenue basis, however, Tesla currently trades at 13 times sales. Rivian (NASDAQ: RIVN), meanwhile, trades at just 3.2 times sales, while Lucid Group (NASDAQ: LCID) hovers at less than 1 times sales. Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue » Any way you look at it, Tesla stock trades at a premium to its various peer groups. Why are the shares priced at such a premium? Part of the answer is actually quite simple. The other is based on investor expectations for the future. Taking a look at Tesla's historical valuation versus its profitability metrics gives us a clearer picture of why Tesla stock trades at such high multiples. For much of 2024, Tesla stock traded between 40 and 70 times earnings. Profit margins that year averaged around 12%, with some quarters exceeding 15%. However, as margins dipped in 2025, Tesla's valuation failed to follow suit. Instead, the market simply increased the amount it was willing to pay per dollar of earnings, thus keeping Tesla's stock price more stable than its declining profit margins would suggest. Even as profit margins continued to slide, the market remained unwilling to let Tesla's stock price slide in tandem. Falling margins had several causes, including the loss of federal subsidies, rising spending in other parts of the business, such as artificial intelligence (AI), increased EV competition, and price cuts. Much of Tesla's premium valuation, therefore, stems not from past success but a lack of belief that the slump in profit margins will endure. That belief is largely fueled by expectations for future growth, which we will discuss next. TSLA PE Ratio data by YCharts. If we apply a 15% profit margin to Tesla's trailing revenue and then assume today's price-to-earnings (P/E) ratio, Tesla stock would trade at roughly $1,500 per share. Of course, in this scenario, Tesla's P/E ratio would likely fall. But an expectation that profit margins will rebound to past levels is clearly part of Tesla's current premium valuation. Why might profit margins widen? Higher sales for Tesla's Semi truck and other new products should help. But in my view, it's really robotaxi growth that could make the biggest difference. Robotaxis are a major reason Wall Street remains so bullish on Tesla stock. According to Tesla bull and Ark Invest Chief Executive Officer Cathie Wood, the robotaxi market could become an $8 trillion to $10 trillion opportunity worldwide. Due to its high degree of vertical integration, Tesla is in a unique position. Its existing manufacturing scale allows it to produce Cybercabs at an exceptionally low cost versus the competition. This could allow it to take a heavy share of this potential market. Scaling Cybercab production and taking a cut of tens of billions of self-driving taxi rides could help Tesla revive sales growth. Importantly, robotaxi rides are likely much higher margin than vehicle sales. Uber Technologies (NYSE: UBER), for example, generates about 17% profit margins. Tesla stock trades at a premium because the market believes sales growth and profit margin recovery are on the horizon. Tesla's robotaxi exposure alone could deliver on both expectations. Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a "Double Down" stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: - Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $590,699!* - Apple: if you invested $1,000 when we doubled down in 2008, you'd have $62,835!* - Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $379,123!* Right now, we're issuing "Double Down" alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon. See the 3 stocks » *Stock Advisor returns as of September 28, 2026 Ryan Vanzo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends Uber Technologies. The Motley Fool has a disclosure policy. Tesla Trades at 350 Times Earnings. Here's What Has to Be True for That to Make Sense. was originally published by The Motley Fool

Tesla (TSLA) stock trades at about $364, roughly 169 times its adjusted earnings over the past twelve months, meaning normalized net income with stock-based compensation added back. On analysts' own 2027 estimates, the multiple is still steep. So the price leans on wider margins and on products still early in their ramps. Does Tesla Look Cheaper On What Analysts Expect? On analysts' consensus earnings for 2026, a measure not defined the same way as the adjusted trailing earnings, today's price is about 194 times earnings. On their 2027 estimate, it is still about 148 times. Paying that much means paying for profits well beyond the forecast. The forecast is thin, too. The 25 analysts’ 2027 estimates range from $1.37 to $3.49 a share, the top more than two and a half times the bottom. Analysts expect revenue to grow roughly 10.5% a year from the past twelve months to 2027. Between 2026 and 2027, they have earnings outgrowing revenue. They are counting on margins widening. So Where Would Tesla's Wider Margins Come From? The sales side asks for little. Revenue grew 11.8% over the past twelve months and about 26% year over year in the most recent quarter, both faster than analysts expect to 2027. Management says Tesla ended the second quarter of 2026 with its largest order backlog since 2023, and that supply of batteries and electronic components will limit production growth. Costs are the hard part. The operating margin over the past twelve months was 4.6%, below its three-year average of 7.2%. Management expects operating expenses, mostly research and development, to keep rising in 2026 and beyond. The rise in the second quarter of 2026 already included pre-production costs for Optimus, Cybercab, and the Semi. Automotive margin excluding regulatory credits fell to 16.3% in the second quarter of 2026 from 19.2% in the first, though management says the margin was roughly flat once first-quarter one-time benefits are stripped out. And What Else Are You Paying For In Tesla Stock? First, a build-out. Management expects more than $25 billion of capital spending in 2026, against about $104 billion of revenue over the past twelve months, and says that spending will keep growing for two to three years. Free cash flow was negative in the second quarter of 2026. Second, products that are still early. Management expects the initial portion of the ramp for Optimus, its humanoid robot, to be flat and long, because every part is new. In April it said robotaxi and unsupervised self-driving revenue would probably not be very material in 2026 but probably would be in a big way in 2027. Cybercab, its two-seat robotaxi, has only begun offering rides in limited areas of Austin. So a buyer at about 148 times Tesla's expected 2027 earnings is making two bets. Margins have to widen as much as analysts assume, even as spending climbs, and Optimus, Cybercab, and the robotaxi fleet have to grow big enough to carry the rest of the price. So How Much Of Tesla's Price Do You Actually Believe? No multiple settles that. It turns on whether margins arrive while spending climbs and how long you would wait for Optimus. Making that call for every stock you own is a different job, and it is the one our rule-based High Quality Portfolio does. Since its inception, that portfolio has outperformed its benchmark, a blend of three major indices. Or start with our Forward Valuation Discount screen, which ranks the stocks priced furthest below their expected earnings. It shows where to look, and the believing stays with you.

It has been about a month since the last earnings report for Lucid Group (LCID). Shares have lost about 29.7% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Lucid Group due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for Lucid Group, Inc. before we dive into how investors and analysts have reacted as of late. Lucid reported a second-quarter 2026 loss of $3.30 per share, wider than the year-ago loss of $2.80 as well as the Zacks Consensus Estimate of a loss of $2.72.Revenues surged 56.2% year over year to $405 million and beat the consensus estimate of $323 million by 25.4%. Higher vehicle deliveries, improved product mix and increased regulatory credit sales supported the top line. Lucid produced 4,774 vehicles during the quarter, up 24% year over year. Production declined 13% sequentially as management deliberately reduced output to align manufacturing with near-term demand and limit further inventory growth.Deliveries rose to 3,953 vehicles, up 19% year over year and 28% sequentially. Lucid Gravity accounted for the majority of volumes. Revenues also benefited from a 3.7% sequential increase in average selling price and a $25 million increase in regulatory credit sales. Deliveries in the Middle East improved during the quarter. Gross margin was negative 105%, compared with negative 110% in the first quarter and negative 105% a year ago. Lower production reduced fixed-cost absorption and raised conversion costs per vehicle, offsetting the benefits of higher revenues and improved pricing.Results included roughly $300 million of inventory impairment charges, which reduced gross margin by 74 percentage points. The charge reflected a reassessment of inventory carrying values and expected demand. Lucid also reduced firm purchase commitments to lower future inventory obligations and cash requirements. Adjusted EBITDA loss widened to $901.1 million from $632.1 million in the year-ago quarter. Operating expenses included $321.3 million of research and development costs, $300.4 million of selling, general and administrative expenses and $33.7 million of workforce-reduction charges.Management identified $1.4 billion of cash flow improvements for 2026. The plan includes projected inventory savings of $600-$800 million, capital expenditure reductions of about $500 million and operating expense savings of roughly $200 million. Lucid’s U.S. workforce reduction and elimination of the second shift at its Arizona factory are expected to generate $158 million in annualized savings. Lucid’s robotaxi program with Uber and Nuro moved deeper into testing and validation. The engineering fleet includes nearly 100 vehicles operating across the San Francisco Bay Area and Houston. Production-validation Gravity vehicles have begun reaching partners, with regular production expected in the fourth quarter and service launch targeted for late 2026.The AMP-2 factory in Saudi Arabia has shifted from construction to industrialization. Manufacturing systems for stamping, body, paint and final assembly are being installed and tested. Lucid expects the facility to be ready for production in early 2027 and for midsize production in the second half of that year. Lucid ended the June quarter with $3 billion of total liquidity, including about $800 million of cash and investments and $2.2 billion of available borrowing capacity.Free cash flow was negative $1.48 billion, compared with negative $1.01 billion a year earlier. Net cash used in operating activities totaled $1.22 billion, while capital expenditures were $253.8 million. Inventory increased to $1.38 billion from $1.11 billion at the end of 2025. Lucid did not provide quantitative financial guidance. Management expects third- and fourth-quarter production to remain below second-quarter levels as AMP-1 operates with one shift through year-end.Deliveries are expected to exceed production during the second half as Lucid works down finished-vehicle inventory. Management anticipates sequential delivery growth consistent with normal seasonality, though at a more moderate pace than in the prior year. The company expects its current liquidity and operational measures to provide runway well into 2027. In the past month, investors have witnessed a downward trend in fresh estimates. The consensus estimate has shifted 5.97% due to these changes. Currently, Lucid Group has a poor Growth Score of F, however its Momentum Score is doing a lot better with a C. However, the stock was allocated a grade of F on the value side, putting it in the lowest quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of this revision looks promising. Notably, Lucid Group has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Lucid Group is part of the Zacks Automotive - Domestic industry. Over the past month, Tesla (TSLA), a stock from the same industry, has gained 11%. The company reported its results for the quarter ended June 2026 more than a month ago. Tesla reported revenues of $28.24 billion in the last reported quarter, representing a year-over-year change of +25.5%. EPS of $0.33 for the same period compares with $0.40 a year ago. Tesla is expected to post earnings of $0.47 per share for the current quarter, representing a year-over-year change of -6%. Over the last 30 days, the Zacks Consensus Estimate has changed -1%. Tesla has a Zacks Rank #4 (Sell) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C. 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 Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research