Question: is the eid prayer compulsory?
Answer: Salat al-Eid is Wajib (necessary/mandatory) according to Hanafi scholars, Sunnah al-Mu'kkadah according to Maliki and Shaf'i jurisprudence, and Fard according to Hanbali scholars. Some scholars say it is fard al-ayn and some say it is fard al-kifaya.