Luminar Technologies
LAZR
Market cap $182M

5.46 USD

-0.38

6.51%

Updated Dec 30, 12:02 PM EST

1 day

-6.51%

5 days

2.82%

1 month

-35.38%

3 months

-59.56%

6 months

-74.18%

Year to date

-88.33%

1 year

-88.33%

5 years

-98.42%

10 years

-98.42%

About: Luminar Technologies Inc is an automotive technology company ushering in a new era of vehicle safety and autonomy. It operates its business through the following segments: Autonomy Solutions and advanced Technologies and Services. The majority of revenue is earned from the Autonomy Solutions segment which engaged in the design, manufacturing, and sale of LiDAR sensors catering mainly to the OEMs in the automobile, commercial vehicle, robo-taxi, and adjacent industries and advanced Technologies and Services provides semiconductors and related components, as well as design, test and consulting services to the Autonomy Solutions segment and various third-party customers, including government agencies and defense contractors, in markets generally unrelated to autonomous vehicles.

Employees: 800

Consumer Discretionary Motor Vehicle Parts & Accessories

0

Funds holding %

of 6,812 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

12% more call options, than puts

Call options by funds: $7.32M | Put options by funds: $6.54M

5.67% less ownership

Funds ownership: 36.57% [Q2] → 30.91% (-5.67%) [Q3]

7% less funds holding

Funds holding: 250 [Q2] → 233 (-17) [Q3]

15% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 67

33% less first-time investments, than exits

New positions opened: 35 | Existing positions closed: 52

40% less capital invested

Capital invested by funds: $190M [Q2] → $114M (-$76.3M) [Q3]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$7.50

37%

upside

Avg. target

$17.50

221%

upside

High target

$30

449%

upside

3 analyst ratings

0 positive

0%

2 neutral

67%

1 negative

33%

Goldman Sachs Mark Delaney 58% 1-year accuracy 18 / 31 met price target	37%upside $7.50	Sell Maintained	14 Nov 2024
Craig-Hallum Richard Shannon 86% 1-year accuracy 37 / 43 met price target	175%upside $15	Hold Maintained	12 Nov 2024
Rosenblatt Kevin Cassidy 58% 1-year accuracy 31 / 53 met price target	449%upside $30	Neutral Maintained	2 Oct 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about LAZR published over the past 30 days

LAZR stock forecast: what to expect in 2025 for lidar tech

Luminar Technologies Inc (NASDAQ: LAZR) has managed to increase its sales by about five times over the past four years. But that may still not be enough for investors as the company's revenue growth has, nonetheless, fallen significantly short of the pace its management guided for in 2020.

LAZR stock forecast: what to expect in 2025 for lidar tech

The Motley Fool

Luminar Technologies Stock: Buy, Sell, or Hold?

Luminar Technologies (LAZR -3.46%), a developer of commercial automotive lidars, went public by merging with a special purpose acquisition company (SPAC) four years ago. The combined company's shares opened at $354.75 on the first day, soared to a record high of $627 just five days later, but now trade at about $6.

Luminar Technologies Stock: Buy, Sell, or Hold?

Luminar Bolsters Ranks with Tech Industry Leaders

ORLANDO, Fla.--(BUSINESS WIRE)--Today, Luminar (NASDAQ: LAZR), a leading global automotive technology company, announced certain key executive updates that include Alex Fishkin joining as Chief Legal Officer, Michael Southard as Vice President of Engineering, and Marc Losiewicz appointed as Chief Business Officer and General Manager. “We're setting Luminar up for success in 2025 with leadership enhancements to help us achieve our two main goals for next year: strong growth and increased efficie.

Luminar Bolsters Ranks with Tech Industry Leaders

The Motley Fool

Luminar Stock Investors: Here's What You Need To Know About This Driverless Technology Stock

Luminar (LAZR 11.14%) believes driverless cars must be equipped with lidar to operate effectively.

Luminar Stock Investors: Here's What You Need To Know About This Driverless Technology Stock

The Motley Fool

What's Going on With Luminar Stock?

Luminar Technologies (LAZR -7.83%) announced an expanding relationship with Volvo for its driverless car tech.

What's Going on With Luminar Stock?

Luminar: Navigating Around The Difficult Near Term Headwinds

Luminar's Q3 2024 results were mixed, with an 8.6% revenue decline. This drop is attributed to a re-negotiated non-automotive contract, not affecting future growth reliant on LiDAR system adoption. Sensor sales increased quarter over quarter, boosted by Volvo's EX 90 production, a key catalyst for Luminar's sustained revenue growth. Despite current challenges, Luminar's long-term prospects remain promising, with Volvo ramping up EX 90 deliveries in late 2024 and early 2025.

Luminar: Navigating Around The Difficult Near Term Headwinds

The Motley Fool

Why Luminar Technologies' Shares Are Getting Zapped Today

Why Luminar Technologies' Shares Are Getting Zapped Today

Why Luminar Technologies' Shares Are Getting Zapped Today

Luminar: Sell Before Reverse Split

Luminar Technologies' stock has fallen nearly 98% from its 2020 peak due to missed revenue targets, large losses, and significant cash burn. Q3 revenues were $15.5 million, missing estimates by over $3.5 million, and this marked the fifth consecutive quarter of revenue shortfalls. Despite cost-cutting efforts, LAZR's cash burn remains high, with ongoing dilution coming from stock-based compensation and equity sales.

Luminar: Sell Before Reverse Split

Luminar: Progress, But The Market Wants More

Luminar Technologies, Inc. is making progress with new deals, but financials remain weak, requiring patience for long-term gains. Volvo's EX90 production ramp and a second model with Iris LiDAR promise future revenue growth, despite current low sales. Luminar's insurance program could offer significant savings, potentially making LiDAR cost-effective for consumers.

Luminar: Progress, But The Market Wants More

The Motley Fool

Why Luminar Stock Surged Today

Luminar's Q3 sales came in way below Wall Street's expectations. So why did the stock rally?

Why Luminar Stock Surged Today

See News Rankings

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