Luminar Technologies, Inc. (LAZR)
Market Cap | 163.62M |
Revenue (ttm) | 75.40M |
Net Income (ttm) | -273.14M |
Shares Out | 42.39M |
EPS (ttm) | -8.70 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,298,866 |
Open | 4.020 |
Previous Close | 3.950 |
Day's Range | 3.795 - 4.020 |
52-Week Range | 3.300 - 34.800 |
Beta | 2.06 |
Analysts | Buy |
Price Target | 45.29 (+1,073.32%) |
Earnings Date | May 14, 2025 |
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 2024, Luminar Technologies's revenue was $75.40 million, an increase of 8.05% compared to the previous year's $69.78 million. Losses were -$273.14 million, -52.19% less than in 2023.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for LAZR stock is "Buy." The 12-month stock price forecast is $45.29, which is an increase of 1,073.32% from the latest price.
News

Luminar to Share New Operating Plan and Go-Forward Strategy at Q1 Update on May 14, 2025
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will share an updated strategic plan for the business enabled by a unified pr...

Mercedes signs deal with Luminar to develop latest lidar sensors
Mercedes-Benz has signed a new agreement with Luminar Technologies to develop and integrate its latest lidar product, Luminar's CEO said, shifting from a supply deal for its currently available sensor...

Luminar Announces Automotive Council with Former Heads of Mercedes-Benz, Tesla, Ford and U.S. Transportation Policy
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced the formation of the Luminar Automotive Council (LAC), a new team of executive a...

Luminar Technologies: Navigating The Curve Ahead
Luminar Technologies' key partnerships with Volvo and Caterpillar could drive future revenue, but the transition to the next-gen Halo sensor may slow short-term gains. Despite cost-cutting efforts, Lu...
LiDAR Maker Luminar Inks Deal With Caterpillar
Luminar CEO Austin Russell discusses the company's latest partnership with equipment maker Caterpillar and its potential growth in the automotive sector. Russell joins Caroline Hyde on “Bloomberg Tech...

Luminar Collaborates With Caterpillar on Industrial Autonomous Solution
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced a collaboration with Caterpillar Inc. to integrate LiDAR technology into Caterpillar's...

Luminar: Sell The Earnings Rally
Luminar Technologies, Inc. has been one of the worst-performing stocks since late 2020, with shares plummeting nearly 99% from their peak. The company beat heavily reduced revenue estimates for Q4 202...

2025 - The Rise Of Ouster And The Decline Of Luminar
Ouster's multi-vertical approach and competitive pricing position it as a strong buy, with potential profitability by 2026, unlike Luminar's distressed financial state. Ouster achieved record revenue ...

Luminar Technologies, Inc. (LAZR) Q4 2024 Earnings Call Transcript
Luminar Technologies, Inc. (NASDAQ:LAZR) Q4 2024 Earnings Conference Call March 20, 2025 5:00 PM ET Company Participants Aileen McAdams - Head, IR Austin Russell - Founder and CEO Tom Fennimore - CFO...

Luminar Reports Strong Q4'24 Business Update & 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...

Luminar Technology Selected on New, Fully Electric Volvo ES90
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company announced that Luminar's technology will be equipped in the new Volvo ES90, which is slated for p...

Luminar to Provide Quarterly Business Update on March 20, 2025
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 2024 mileston...

Luminar Technologies: Long-Term Upside Remains Very Attractive
I reiterate a buy rating for Luminar Technologies due to its strong innovation and strategic partnerships, despite recent share price weakness. The upcoming Halo LiDAR launch in 2026 is a potential ga...

Why I'm Waiting For Luminar Technologies To Prove Its Potential
Luminar Technologies has strong growth potential with partnerships like Volvo and Nvidia, but faces financial challenges and high speculative valuation. Despite impressive revenue growth projections, ...

The LiDAR Rebound
The LiDAR market is rebounding, after being oversold since 2021. Hesai stands out with significant revenue growth and large orders, despite facing US trade scrutiny. Lumotive's innovative optical beam...

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 h...

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 ...

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. Se...

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 $...

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 promis...

Luminar Technologies Q3: Progressing Slowly, But I Am Cautiously Optimistic
Luminar Technologies, Inc.'s Q3 results were mixed, with product revenue growth but a significant decline in services revenue, leading to a hold rating. Luminar has strong partnerships with top auto m...

Luminar Technologies, Inc. (LAZR) Q3 2024 Earnings Call Transcript
Luminar Technologies, Inc. (NASDAQ:LAZR) Q3 2024 Earnings Call Transcript November 11, 2024 5:00 PM ET Company Participants Yarden Amsalem - Senior Manager of IR Austin Russell - Founder and CEO Tom ...

Luminar Expands Business with Two Global Automakers and Reports Third Quarter 2024 Business Update
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 202...

Luminar to Provide Q3'24 Business Update November 11th; Reminder for Stockholders Meeting October 30th
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its quarterly business update for the third quarter of 2024 foll...

Luminar Technologies reduces workforce by 30% this year
Luminar Technologies , a maker of lidar sensors for self-driving cars, said on Monday it has cut about 30% of its workforce since the beginning of 2024, from the previously announced 20%, as part of a...