Luminar Technologies, Inc. (LAZR)
Market Cap | 818.42M |
Revenue (ttm) | 69.78M |
Net Income (ttm) | -571.27M |
Shares Out | 401.96M |
EPS (ttm) | -1.47 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 10,418,444 |
Open | 1.820 |
Previous Close | 1.780 |
Day's Range | 1.790 - 1.980 |
52-Week Range | 1.630 - 8.320 |
Beta | 1.51 |
Analysts | Buy |
Price Target | 7.00 (+255.33%) |
Earnings Date | May 7, 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]
Financial Performance
In 2023, LAZR's revenue was $69.78 million, an increase of 71.46% compared to the previous year's $40.70 million. Losses were -$571.27 million, 28.1% more than in 2022.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for LAZR stock is "Buy." The 12-month stock price forecast is $7.0, which is an increase of 255.33% from the latest price.
News
Shorts thrive as Luminar, Sunnova, and Cutera stock prices dive
Short sellers in Lumimar Technologies (LAZR), Sunnova Energy (NOVA), and Cutera (CUTR) are thriving as their stocks have plunged. Luminar's shares have plunged by almost 50% this year and by more than...
Luminar Technologies, Inc. (LAZR) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK--(BUSINESS WIRE)---- $LAZR #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Luminar Technologies, Inc. (“Lum...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Luminar Technologies, Inc. - LAZR
NEW YORK , March 19, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Luminar Technologies, Inc. ("Luminar" or the "Company") (NASDAQ: LAZR). Such investors are adv...
Self-driving sensor maker Luminar falls as production delay at Volvo hits earnings
Luminar Technologies shares tumbled about 10% on Wednesday after the self-driving sensor maker's fourth-quarter results missed estimates on delayed production schedule for Volvo Cars' new EX90 electri...
Luminar Reports Fourth Quarter & Full Year 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 fourth quarter and f...
Announcing Luminar Day: A New Era on April 23, 2024
ORLANDO, Fla.--(BUSINESS WIRE)---- $LAZR--Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced today it will host a Luminar Day event on April 23, 2024 for its broader com...
Luminar To Provide Quarterly Business Update on February 27, 2024
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its quarterly business update, including full-year 2023 mileston...
Cognyte Announces New Release of LUMINAR Cyber Threat Intelligence Offering with GenAI Capabilities to Bring Added Value to Customers
HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte announced a significant update to its LUMINAR external threat intelligence solution that incorporates Generative AI capabilities.
ADDING MULTIMEDIA Luminar and Mercedes-Benz Expands Partnership; Luminar Debuts New Emergency Steering AI Software with Iris+ and NVIDIA DRIVE Orin
LAS VEGAS--(BUSINESS WIRE)---- $LAZR--Today Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced an expansion of their Mercedes-Benz partnership, the debut of LiDAR-enable...
Luminar and Mercedes-Benz Expands Partnership; Luminar Debuts New Emergency Steering AI Software with Iris+ and NVIDIA DRIVE Orin
LAS VEGAS--(BUSINESS WIRE)---- $LAZR--Today Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced an expansion of their Mercedes-Benz partnership, the debut of LiDAR-enable...
Luminar and Mercedes-Benz Expand Partnership to Formula 1 with the Mercedes-AMG PETRONAS Team
LAS VEGAS--(BUSINESS WIRE)---- $LAZR--Leading global automotive technology company Luminar and the Mercedes-AMG PETRONAS F1 Team today announced a new strategic collaboration that will leverage Lumina...
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 $2.50, which was over 95% below the highest point on ...
Lidar Stocks Are Tumbling. Blame China Concerns.
Luminar, Innoviz, and Ouster shares all swooned during Tuesday's trading session. It may have been caused by a letter from a House committee.
Luminar CEO's deal to buy Forbes called off - The Information
Forbes' parent company has called off its acquisition by Luminar Technologies CEO Austin Russell, as the billionaire could not come up with the financing, the Information reported on Tuesday, citing a...
Polestar ($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...
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...
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...
Luminar unveils exciting Volvo partnership
Luminar CEO Austin Russell provides insight on his partnership with Volvo on 'The Claman Countdown.'
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...
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...
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...
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.
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 ...
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.
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...