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Luminar Technologies Inc (LAZR) Stock Forecast & Price Prediction

Live LAZR Stock Price & Analysis

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$6.45

-0.15 (-2.27%)

12 Month Price Forecast For LAZR

$6.45
Current Price
$219.75M
Market Cap
6 Ratings
Buy 1
Hold 3
Sell 2
Wall St Analyst Ratings

Distance to LAZR Price Forecasts

+1,295.3%
To High Target of $90.00
+132.6%
To Median Target of $15.00
-22.5%
To Low Target of $5.00

LAZR Price Momentum

+18.6%
1 Week Change
-13.7%
1 Month Change
-84.1%
1 Year Change
+19.9%
Year-to-Date Change
-84.8%
From 52W High of $42.30
+30.8%
From 52W Low of $4.93

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 15, 2025 3:48 AM UTC

LAZR Analyst Ratings & Price Targets

Based on our analysis of 14 Wall Street analysts, LAZR has a neutral consensus with a median price target of $15.00 (ranging from $5.00 to $90.00). Currently trading at $6.45, the median forecast implies a 132.6% upside. This outlook is supported by 1 Buy, 3 Hold, and 2 Sell ratings.

Conversely, the most conservative target is provided by Kevin Garrigan at WestPark Capital, suggesting a 22.5% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

LAZR Analyst Consensus

1
Buy
3
Hold
2
Sell

LAZR Price Target Range

Low
$5.00
Average
$15.00
High
$90.00
Current: $6.45

Latest LAZR Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for LAZR.

Date Firm Analyst Rating Change Price Target
Nov 14, 2024 Goldman Sachs Mark Delaney Sell Maintains $0.50
Nov 12, 2024 Craig-Hallum Richard Shannon Hold Maintains $1.00
Oct 2, 2024 Rosenblatt Kevin Cassidy Neutral Maintains $2.00
Sep 10, 2024 Deutsche Bank Edison Yu Hold Reinstates $1.00
Aug 19, 2024 JP Morgan Samik Chatterjee Overweight Maintains $6.00
Aug 16, 2024 Citigroup Itay Michaeli Buy Maintains $6.00
Aug 7, 2024 Rosenblatt Kevin Cassidy Neutral Maintains $2.00
Aug 7, 2024 WestPark Capital Kevin Garrigan Buy Maintains $5.00
Aug 6, 2024 WestPark Capital Kevin Garrigan Buy Reiterates $9.00
Jul 11, 2024 Goldman Sachs Mark Delaney Sell Maintains $1.00
May 9, 2024 Citigroup Itay Michaeli Buy Maintains $9.00
Apr 10, 2024 B of A Securities John Murphy Underperform Downgrade $1.20
Mar 26, 2024 JP Morgan Samik Chatterjee Overweight Assumes $8.00
Feb 29, 2024 B of A Securities John Murphy Neutral Maintains $3.50
Feb 29, 2024 Goldman Sachs Mark Delaney Sell Maintains $1.50
Feb 28, 2024 Rosenblatt Kevin Cassidy Neutral Maintains $3.00
Jan 25, 2024 Goldman Sachs Mark Delaney Sell Maintains $2.00
Jan 17, 2024 Deutsche Bank Emmanuel Rosner Hold Downgrade $4.00
Nov 10, 2023 Goldman Sachs Mark Delaney Sell Maintains $3.00
Nov 9, 2023 Goldman Sachs Mark Delaney Sell Maintains $3.00

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The following stocks are similar to Luminar based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Luminar Technologies Inc (LAZR) Financial Data

Luminar Technologies Inc has a market capitalization of $219.75M with a P/E ratio of -4.4x. The company generates $75.03M in trailing twelve-month revenue with a -104.2% profit margin.

Revenue growth is -8.6% quarter-over-quarter, while maintaining an operating margin of -677.7% and return on equity of +254.2%.

Valuation Metrics

Market Cap $219.75M
Enterprise Value $3.02B
P/E Ratio -4.4x
PEG Ratio -13.8x
Price/Sales 2.9x

Growth & Margins

Revenue Growth (YoY) -8.6%
Gross Margin -90.6%
Operating Margin -677.7%
Net Margin -104.2%
EPS Growth -8.6%

Financial Health

Cash/Price Ratio +6.4%
Current Ratio 3.0x
Debt/Equity -2.3x
ROE +254.2%
ROA -63.9%

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Luminar Technologies Inc logo

Luminar Technologies Inc (LAZR) Company Overview

About Luminar Technologies Inc

What They Do

Provides sensor technologies for automotive applications.

Business Model

The company operates through two segments: Autonomy Solutions, which focuses on lidar sensors and software for OEMs in automotive and related sectors, and Advanced Technologies and Services, which develops specialized integrated circuits and offers consulting services for various industries, including automotive and defense. Revenue is generated from the sale of these technologies and consulting services.

Additional Information

Founded in 2012 and headquartered in Orlando, Florida, the company serves a global market across North America, Asia Pacific, Europe, and the Middle East, positioning itself in the rapidly growing fields of autonomous vehicles and advanced sensor technology.

Company Information

Sector

Consumer Cyclical

Industry

Auto Parts

Employees

800

CEO

Mr. Austin Russell

Country

United States

IPO Year

2020

Luminar Technologies Inc (LAZR) Latest News & Analysis

LAZR stock latest news image
Quick Summary

Luminar Technologies, Inc. (LAZR) closed at $5.42, down 0.28% from the previous trading session.

Why It Matters

Luminar's slight decline in stock price may indicate investor uncertainty or market volatility, potentially influencing trading strategies and future investment decisions.

Source: Zacks Investment Research
Market Sentiment: Negative
LAZR stock latest news image
Quick Summary

Luminar Technologies, Inc. (LAZR) closed at $5.34, up 1.71% in the latest trading session.

Why It Matters

Luminar Technologies' stock increase reflects positive market sentiment, potentially signaling growth or investor confidence, influencing future trading decisions.

Source: Zacks Investment Research
Market Sentiment: Neutral
LAZR stock latest news image
Quick Summary

Luminar Technologies, Inc. (LAZR) closed at $5.25, down 1.78% from the previous trading day.

Why It Matters

The decline to $5.25 indicates negative market sentiment and potential volatility, impacting investor confidence and future trading strategies for Luminar Technologies.

Source: Zacks Investment Research
Market Sentiment: Neutral
LAZR stock latest news image
Quick Summary

Luminar Technologies (LAZR) debuted at $354.75 on Dec. 2, 2020, peaked at $627 within days, and now trades around $6, reflecting significant investor losses since its IPO.

Why It Matters

Luminar's drastic stock decline from a peak of $627 to $6 signals significant investor losses and raises concerns about future growth and market confidence in the lidar sector.

Source: The Motley Fool
Market Sentiment: Positive
LAZR stock latest news image
Quick Summary

Self-driving cars aim to address commuting, traffic, and safety challenges. Companies must develop systems for their full operation before widespread adoption can occur.

Why It Matters

Advancements in self-driving technology could disrupt transportation, impacting auto industry stocks and creating investment opportunities in tech and infrastructure sectors.

Source: The Motley Fool
Market Sentiment: Negative
LAZR stock latest news image
Quick Summary

Luminar Technologies maintains a buy rating, citing strong innovation and key partnerships. The 2026 Halo LiDAR launch may enhance performance and affordability in autonomous driving.

Why It Matters

Luminar's buy rating reflects confidence in its innovation and partnerships, which may boost share value as the Halo LiDAR launch could enhance autonomous driving technology significantly.

Source: Seeking Alpha
Market Sentiment: Positive

Frequently Asked Questions About LAZR Stock

What is Luminar Technologies Inc's (LAZR) stock forecast for 2025?

Based on our analysis of 14 Wall Street analysts, Luminar Technologies Inc (LAZR) has a median price target of $15.00. The highest price target is $90.00 and the lowest is $5.00.

Is LAZR stock a good investment in 2025?

According to current analyst ratings, LAZR has 1 Buy ratings, 3 Hold ratings, and 2 Sell ratings. The stock is currently trading at $6.45. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for LAZR stock?

Wall Street analysts predict LAZR stock could reach $15.00 in the next 12 months. This represents a 132.6% increase from the current price of $6.45. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Luminar Technologies Inc's business model?

The company operates through two segments: Autonomy Solutions, which focuses on lidar sensors and software for OEMs in automotive and related sectors, and Advanced Technologies and Services, which develops specialized integrated circuits and offers consulting services for various industries, including automotive and defense. Revenue is generated from the sale of these technologies and consulting services.

What is the highest forecasted price for LAZR Luminar Technologies Inc?

The highest price target for LAZR is $90.00 from at , which represents a 1,295.3% increase from the current price of $6.45.

What is the lowest forecasted price for LAZR Luminar Technologies Inc?

The lowest price target for LAZR is $5.00 from Kevin Garrigan at WestPark Capital, which represents a -22.5% decrease from the current price of $6.45.

What is the overall LAZR consensus from analysts for Luminar Technologies Inc?

The overall analyst consensus for LAZR is neutral. Out of 14 Wall Street analysts, 1 rate it as Buy, 3 as Hold, and 2 as Sell, with a median price target of $15.00.

How accurate are LAZR stock price projections?

Stock price projections, including those for Luminar Technologies Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.