Luminar Technologies, Inc. (LAZR)
NASDAQ: LAZR · Real-Time Price · USD
5.72
+0.04 (0.70%)
Feb 5, 2025, 9:49 AM EST - Market open
Luminar Technologies Stock Forecast
LAZR's stock price has decreased by -86.81% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Luminar Technologies stock have an average target of 42.56, with a low estimate of 7.50 and a high estimate of 90. The average target predicts an increase of 644.06% from the current stock price of 5.72.
Analyst Consensus: Hold
* Price targets were last updated on Nov 14, 2024.
Analyst Ratings
The average analyst rating for Luminar Technologies stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 3 | 3 | 4 | 4 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 7 | 8 | 8 | 9 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $11 → $7.5 | Strong Sell | Maintains | $11 → $7.5 | +31.12% | Nov 14, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $23 → $15 | Hold | Maintains | $23 → $15 | +162.24% | Nov 12, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $30 | Hold | Maintains | $30 | +424.48% | Oct 2, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Initiates $15 | Hold | Initiates | $15 | +162.24% | Sep 10, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $120 → $90 | Buy | Maintains | $120 → $90 | +1,473.43% | Aug 19, 2024 |
Financial Forecast
Revenue This Year
71.73M
from 69.78M
Increased by 2.79%
Revenue Next Year
121.08M
from 71.73M
Increased by 68.80%
EPS This Year
-10.04
from -22.05
EPS Next Year
-6.58
from -10.04
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 75.9M | 154.4M | 291.9M | |
| Avg | 71.7M | 121.1M | 253.7M | |
| Low | 67.5M | 87.2M | 215.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.8% | 115.2% | 141.1% | |
| Avg | 2.8% | 68.8% | 109.6% | |
| Low | -3.2% | 21.6% | 77.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -9.92 | -5.20 | -2.99 | |
| Avg | -10.04 | -6.58 | -4.54 | |
| Low | -10.00 | -7.50 | -6.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | |
| Avg | - | - | - | |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.