Luminar Technologies, Inc. (LAZR)

NASDAQ: LAZR · IEX Real-Time Price · USD
3.37
-0.12 (-3.44%)
At close: Dec 29, 2023, 4:00 PM
3.35
-0.02 (-0.59%)
After-hours: Dec 29, 2023, 7:59 PM EST
-3.44%
Market Cap 1.36B
Revenue (ttm) 58.79M
Net Income (ttm) -567.69M
Shares Out 402.50M
EPS (ttm) -1.51
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 6,603,563
Open 3.51
Previous Close 3.49
Day's Range 3.31 - 3.59
52-Week Range 2.30 - 10.55
Beta 1.50
Analysts Buy
Price Target 11.60 (+244.21%)
Earnings Date Feb 27, 2024

About LAZR

Luminar Technologies, Inc., an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. It operates in two segments, Autonomy Solutions and Advanced Technologies and Services. The Autonomy Solutions segment designs, manufactures, and sells laser imaging, detection, and ranging sensors or lidars, as well as related perception and autonomy software solutions primarily for original equipment manufacturers in the automobile, com... [Read more]

Industry Auto Parts
Founded 2012
Employees 600
Stock Exchange NASDAQ
Ticker Symbol LAZR
Full Company Profile

Financial Performance

In 2022, LAZR's revenue was $40.70 million, an increase of 27.40% compared to the previous year's $31.94 million. Losses were -$445.94 million, 87.4% more than in 2021.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for LAZR stock is "Buy." The 12-month stock price forecast is $11.6, which is an increase of 244.21% from the latest price.

Price Target
$11.6
(244.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Four beaten-down penny stocks ready to take off

Penny stocks are attractive simply because of the opportunity for exponential returns. Stocks like Alphabet Inc. NASDAQ: GOOG, Microsoft Corporation NASDAQ: MSFT and Apple Inc. NASDAQ: AAPL were once ...

Other symbols: BLNKCOOKWOOF
2 days ago - MarketBeat

LAZR stock price plunged: Do Luminar's risks outweigh rewards?

Luminar (BMV: LAZR) stock price has been in a freefall in 2023 as concerns about the company continued. The shares have plunged to a record low of $2.50, which was over 95% below the highest point on ...

4 weeks ago - Invezz

Lidar Stocks Are Tumbling. Blame China Concerns.

Luminar, Innoviz, and Ouster shares all swooned during Tuesday's trading session. It may have been caused by a letter from a House committee.

Other symbols: INVZOUST
4 weeks ago - Barrons

Luminar CEO's deal to buy Forbes called off - The Information

Forbes' parent company has called off its acquisition by Luminar Technologies CEO Austin Russell, as the billionaire could not come up with the financing, the Information reported on Tuesday, citing a...

5 weeks ago - Reuters

Polestar ($PSNY), Luminar ($LAZR), and MobilEye ($MBLY) to Integrate Autonomous Driving Capabilities

Luminar Technologies (NASDAQ: LAZR), a leading automotive technology company, has announced a collaboration with electric vehicle manufacturer Polestar Automotive (NASDAQ: PSNY) and autonomous technol...

Other symbols: MBLYPSNY
7 weeks ago - Green Stock News

Polestar 4 To Integrate Luminar LiDAR with Mobileye Chauffeur

GOTHENBURG, Sweden--(BUSINESS WIRE)---- $LAZR--Polestar is working with Luminar, a leading automotive technology company, and Mobileye, a global leader in autonomous driving solutions, to enhance safe...

7 weeks ago - Business Wire

Luminar Reports Third Quarter 2023 Business Update and Financials

ORLANDO, Fla.--(BUSINESS WIRE)--Today Luminar (NASDAQ: LAZR), a leading global automotive technology company, provided its quarterly business update and financial results for the third quarter of 2023...

7 weeks ago - Business Wire

Luminar unveils exciting Volvo partnership

Luminar CEO Austin Russell provides insight on his partnership with Volvo on 'The Claman Countdown.'

Other symbols: VLVLY
2 months ago - Fox Business

Luminar To Pilot New Update Formats; Next Quarterly Review on Nov 8th

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its quarterly business update and financials for the third quart...

2 months ago - Business Wire

Luminar Achieves Critical Production Milestone for Volvo Cars Program

ORLANDO, Fla.--(BUSINESS WIRE)---- $LAZR--Luminar Technologies (Nasdaq: LAZR), a leading global automotive company, today announced a significant achievement towards enabling the world's safest and sm...

3 months ago - Business Wire

LUMINAR ALERT: Bragar Eagel & Squire, P.C. is Investigating Luminar Technologies, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Luminar Technologies, Inc. (NASDAQ: LAZR) on...

3 months ago - Business Wire

Major lidar market share is up for grabs. A few startups are emerging as likely winners

After years of talk — and a SPAC boom in the sensor sector — automakers have finally started incorporating lidar units into their vehicles.

Other symbols: INVZOUST
4 months ago - CNBC

Luminar CEO talks: Revenue growth, new automaker partnerships, AI capabilities

Luminar (LAZR) shares are sliding this morning after reporting a mixed earnings report, coming in short with revenue of $16.2 million — missing estimates by $20,000 — but narrowly beating on earnings ...

5 months ago - Yahoo Finance

Luminar's Sales Growth Is Set To Accelerate. The Self-Driving Car Stock Is Up.

Lidar maker Luminar Technologies reported second-quarter results in line with Wall Street expectations and maintained full-year financial guidance.

5 months ago - Barrons

Luminar Reports Strong Second Quarter 2023 Business Update and Financials

ORLANDO, Fla.--(BUSINESS WIRE)--Today Luminar (NASDAQ: LAZR), a leading global automotive technology company, provided its quarterly business update and financial results for the second quarter of 202...

5 months ago - Business Wire

SpaceX and GoPro Executives Join Luminar

ORLANDO, Fla.--(BUSINESS WIRE)---- $LAZR--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced two new key executives have decided to join Luminar. Emily Shanklin mo...

5 months ago - Business Wire

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in Luminar Technologies, Inc. with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 25, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Luminar Technologies, Inc. ("Lumi...

5 months ago - Accesswire

LAZR ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of July 25, 2023 in the Class Action Filed on Behalf of Luminar Technologies, Inc. Shareholders

NEW YORK , July 25, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Luminar Technologies, Inc. (NASDAQ: LAZR) alleging that ...

5 months ago - PRNewsWire

LAZR DEADLINE TOMORROW: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Luminar Technologies, Inc. Investors with Losses to Secure Counsel Before Important July 25 Deadline in Securities Class Action – LAZR

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Luminar Technologies, Inc. (NASDAQ: LAZR) between February 28, 2023 and March 17,...

5 months ago - Business Wire

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Luminar Technologies, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 24, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Luminar Technologies, Inc. ("Lumi...

5 months ago - Accesswire

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Luminar Investors of a Lead Plaintiff Deadline of July 25, 2023

NEW YORK , July 24, 2023 /PRNewswire/ -- Attention Luminar Technologies, Inc. ("Luminar") (NASDAQ: LAZR) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commence...

5 months ago - PRNewsWire

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Luminar Technologies, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 21, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Luminar Technologies, Inc. ("Lumi...

5 months ago - Accesswire

LAZR SHAREHOLDER ALERT: Jakubowitz Law Reminds Luminar Shareholders of a Lead Plaintiff Deadline of July 25, 2023

NEW YORK , July 21, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Luminar Technologies, Inc. (NASDAQ: LAZR). To ...

5 months ago - PRNewsWire

LAZR LAWSUIT ALERT: Levi & Korsinsky Notifies Luminar Technologies, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , July 20, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Luminar Technologies, Inc. ("Luminar" or the "Company") (NASDAQ: LAZR) of a class action securities lawsuit. CLASS ...

5 months ago - PRNewsWire

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Luminar Technologies, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 25, 2023 - (NASDAQ: LAZR)

NEW YORK , July 19, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Luminar Technologies, Inc.. Shareholders who purchased shares of LAZR during the class period...

5 months ago - PRNewsWire