Luminar Technologies, Inc. (LAZR)

NASDAQ: LAZR · Real-Time Price · USD
6.42
+0.01 (0.16%)
At close: Mar 25, 2025, 4:00 PM
6.30
-0.12 (-1.87%)
After-hours: Mar 25, 2025, 5:13 PM EST
0.16%
Market Cap 213.76M
Revenue (ttm) 75.40M
Net Income (ttm) -273.14M
Shares Out 33.30M
EPS (ttm) -8.70
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,021,662
Open 6.28
Previous Close 6.41
Day's Range 6.08 - 6.51
52-Week Range 4.48 - 34.80
Beta 1.74
Analysts Hold
Price Target 42.56 (+562.93%)
Earnings Date Mar 20, 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]

Industry Auto Parts
Founded 2012
Employees 800
Stock Exchange NASDAQ
Ticker Symbol LAZR
Full Company Profile

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 Statements

Analyst Forecast

According to 8 analysts, the average rating for LAZR stock is "Hold." The 12-month stock price forecast is $42.56, which is an increase of 562.93% from the latest price.

Price Target
$42.56
(562.93% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

2 days ago - Seeking Alpha

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 ...

2 days ago - Seeking Alpha

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...

5 days ago - Seeking Alpha

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...

5 days ago - Business Wire

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...

20 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

2 months ago - Seeking Alpha

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, ...

2 months ago - Seeking Alpha

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...

Other symbols: HSAI
2 months ago - Seeking Alpha

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...

3 months ago - Invezz

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 ...

3 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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 $...

4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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 ...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Reuters

Luminar: Darkest Before The Dawn

Luminar Technologies, Inc. continues to face delays in revenue growth due to production issues with Volvo, falling short of quarterly revenue targets. Despite struggles, the Luminar Semiconductor unit...

8 months ago - Seeking Alpha

Luminar Delays Growth Plan Again

Luminar Technologies' Q2 results showed a 22% sequential revenue decline, along with more large losses and cash burn. The company's share count continues to surge due to a variety of items, and the ba...

8 months ago - Seeking Alpha

Luminar Technologies, Inc. (LAZR) Q2 2024 Earnings Call Transcript

Luminar Technologies, Inc. (NASDAQ:LAZR) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Aileen Smith - Head of IR Austin Russell - Founder & CEO Tom Fennimore - CFO C...

8 months ago - Seeking Alpha

Luminar Bolsters Balance Sheet & Reports Second 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 second quarter of 20...

8 months ago - Business Wire

Luminar buys G&H's laser module unit to expand chip business- CEO

Luminar Technologies , a maker of lidar sensors for self-driving cars, has purchased the optoelectronic components and laser modules business of Britain's Gooch & Housego (G&H) to expand its semicondu...

8 months ago - Reuters

Luminar to Provide Q2'24 Business Update on August 6, 2024

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its quarterly business update for the second quarter of 2024 fol...

9 months ago - Business Wire