CALY
Callaway Golf Company
CALY has a slight edge over LCID overall, supported by lower modeled downside.
LCID
Lucid Group, Inc.
LCID offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
CALY Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Stable | |
| Strong | |
| Strong |
CALY's cash flow and balance sheet are currently strong, and its profitability is stable, but its revenue is weak.
LCID Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
LCID's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
CALY PE Valuation
CALY has no meaningful PE right now: it lost money over the past year.
LCID PE Valuation
LCID has no meaningful PE right now: it lost money over the past year.
CALY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Decline | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect CALY's earnings to grow and its profitability to improve, but its revenue to decline. However, they disagree widely on these estimates.
LCID Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect LCID's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
CALY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.98 | — |
| Q3 2026 | -$1.15 | +$7.03 |
| Q2 2026 | -$1.48 | +$6.64 |
| Q1 2026 | -$1.77 | +$6.14 |
| Q4 2025 | -$2.23 | +$5.65 |
| Q3 2025 | -$8.18 | -$8.14 |
| Q2 2025 | -$8.12 | -5900% |
| Q1 2025 | -$7.91 | -2029% |
| Q4 2024 | -$7.88 | -1676% |
CALY is still losing money, but far less than before: $1.15 per share over the past year, against $8.18 at its worst in late 2025.
LCID Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$13.08 | -$2.57 |
| Q2 2026 | -$13.65 | -$2.35 |
| Q1 2026 | -$13.15 | -$1.25 |
| Q4 2025 | -$12.09 | +$0.41 |
| Q3 2025 | -$10.51 | +$2.49 |
| Q2 2025 | -$11.30 | +$0.40 |
| Q1 2025 | -$11.90 | +$0.40 |
| Q4 2024 | -$12.50 | +$1.10 |
LCID has the edge over CALY on earnings, with more consistent year-over-year improvement.
CALY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $436.9M | -53% |
| Q2 2026 | $612.2M | -45% |
| Q1 2026 | $687.5M | -37% |
| Q4 2025 | $367.5M | -60% |
| Q3 2025 | $934M | -7.8% |
| Q2 2025 | $1.1B | -4.1% |
| Q1 2025 | $1.1B | -4.5% |
| Q4 2024 | $924.4M | +3% |
CALY's revenue has slid since its 2023 peak: $437M last quarter, down 53% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | +7.2 points |
| Q2 2026 | 19% | +9.2 points |
| Q1 2026 | 20% | +14 points |
| Q4 2025 | -15% | +143 points |
| Q3 2025 | 3% | -0.3 points |
| Q2 2025 | 9.5% | +0.6 points |
| Q1 2025 | 6.1% | +0.2 points |
| Q4 2024 | -158% | -154 points |
CALY has the edge over LCID on profitability, with a higher operating margin.
LCID Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $350.3M | +4.1% |
| Q2 2026 | $405.3M | +56% |
| Q1 2026 | $282.5M | +20% |
| Q4 2025 | $522.7M | +123% |
| Q3 2025 | $336.6M | +68% |
| Q2 2025 | $259.4M | +29% |
| Q1 2025 | $235M | +36% |
| Q4 2024 | $234.5M | +49% |
LCID has the edge over CALY on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -245% | +35 points |
| Q2 2026 | -267% | +43 points |
| Q1 2026 | -350% | -56 points |
| Q4 2025 | -204% | +109 points |
| Q3 2025 | -280% | +105 points |
| Q2 2025 | -310% | +83 points |
| Q1 2025 | -294% | +128 points |
| Q4 2024 | -313% | +156 points |
LCID's operating margin was −245% last quarter, up 35 points from the same quarter a year ago, near the top of its range since 2020.
CALY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $180.8M | +12% |
| Q2 2026 | $238.1M | +354% |
| Q1 2026 | -$176M | -$20.9M |
| Q4 2025 | $242.7M | +$267.7M |
| Q3 2025 | $162.1M | +48% |
| Q2 2025 | $52.5M | -63% |
| Q1 2025 | -$155.1M | -$16.4M |
| Q4 2024 | -$25M | -157% |
CALY has the edge over LCID on cash generation, producing positive trailing cash flow while its opponent burns cash.
LCID Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1B | -$84.2M |
| Q2 2026 | -$1.5B | -$463.2M |
| Q1 2026 | -$1.4B | -$849M |
| Q4 2025 | -$1.2B | -$417.1M |
| Q3 2025 | -$955.5M | -$333M |
| Q2 2025 | -$1B | -$271.6M |
| Q1 2025 | -$589.9M | +$125.1M |
| Q4 2024 | -$824.8M | -$77.6M |
LCID has burned cash in almost every quarter: −$5.2B over the past year, against −$3.4B the year before.
CALY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.6% | -6.8M shares |
| 1 year | -0.3% | -600K shares |
| 3 years | -8.9% | -17.9M shares |
| 5 years | -1.4% | -2.7M shares |
| Available history | +90% | +87M shares |
CALY has the edge over LCID on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $50.7M |
| Q2 2026 | $42.5M |
| Q1 2026 | $42M |
| Q4 2025 | $300,000 |
| Q3 2025 | $100,000 |
| Q2 2025 | — |
| Q1 2025 | $3.3M |
| Q4 2024 | — |
CALY spent $136M buying back its own shares over the past year, more than ten times what it spent the year before.
LCID Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.3% | +12.5M shares |
| 1 year | +26% | +82.4M shares |
| 3 years | +73% | +166M shares |
LCID has 395M diluted shares, up 26% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | $2.2M |
| Q1 2020 | — |
CALY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -3.2x | Net Cash |
| Q2 2026 | -1.5x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 2.9x | Moderate |
| Q3 2024 | 2.5x | Moderate |
| Q2 2024 | 2.6x | Moderate |
| Q1 2024 | 2.9x | Moderate |
| Q4 2023 | 2.5x | Moderate |
CALY has more cash than debt.
LCID Net Leverage
LCID's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
CALY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.0 | Neutral |
| Stochastic | 51.0 | Neutral |
CALY's weekly RSI is 56 (neutral) and its Stochastic is 51 (neutral).
LCID Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.9 | Neutral |
| Stochastic | 7.1 | Oversold |
LCID's weekly RSI is 33 (neutral) and its Stochastic is 7 (oversold).
CALY PE vs Consumer Cyclical Sector
| Metric | CALY | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
CALY has no meaningful PE right now: it lost money over the past year.
LCID PE vs Consumer Cyclical Sector
LCID has no meaningful PE right now: it lost money over the past year.
CALY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $14.9 | 11% above |
| 20 week MA | $16.2 | 2.5% above |
| 50 week MA | $15.1 | 9.5% above |
| 100 week MA | $11.7 | 42% above |
| 200 week MA | $13.6 | 22% above |
CALY has the edge over LCID on trend strength, trading above more of its moving averages.
LCID Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.53 | 7.9% below |
| 20 week MA | $4.88 | 33% below |
| 50 week MA | $7.33 | 56% below |
| 100 week MA | $15.4 | 79% below |
| 200 week MA | $31.9 | 90% below |
LCID is in a downtrend: it's below all five of its weekly moving averages, and 90% below its 200-week average.
CALY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.9 | $24.4 | +17% |
| 2021 | $24.4 | $27.0 | +11% |
| 2022 | $27.0 | $19.7 | -27% |
| 2023 | $19.7 | $14.3 | -27% |
| 2024 | $14.3 | $7.72 | -46% |
| 2025 | $7.72 | $11.7 | +52% |
| 2026 YTD | $11.7 | $16.6 | +41% |
CALY has the edge over LCID on returns for 2026, with the stronger performance.
LCID Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $98.9 | $100.4 | +1.5% |
| 2021 | $100.4 | $376.4 | +275% |
| 2022 | $376.4 | $67.0 | -82% |
| 2023 | $67.0 | $42.1 | -37% |
| 2024 | $42.1 | $32.0 | -24% |
| 2025 | $32.0 | $11.4 | -64% |
| 2026 YTD | $11.4 | $3.25 | -72% |
LCID has finished four years in a row lower, and it's down 72% so far in 2026.