Luminar Technologies, Inc. (LAZR)
| Market Cap | 3.89B |
| Revenue (ttm) | 37.11M |
| Net Income (ttm) | -308.81M |
| Shares Out | 357.88M |
| EPS (ttm) | -0.72 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,049,609 |
| Open | 10.84 |
| Previous Close | 11.06 |
| Day's Range | 10.47 - 11.03 |
| 52-Week Range | 5.61 - 23.90 |
| Beta | 1.70 |
| Analysts | Buy |
| Price Target | 16.12 (+48.2%) |
| Earnings Date | Aug 8, 2022 |
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 Components. The Autonomy Solutions segment designs, manufactures, and sells laser imaging, detection, and ranging sensors, as well as related perception and autonomy software solutions primarily for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and ad... [Read more...]
Financial Performance
In 2021, LAZR's revenue was $31.94 million, an increase of 128.97% compared to the previous year's $13.95 million. Losses were -$237.99 million, -35.51% less than in 2020.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for LAZR stock is "Buy." The 12-month stock price forecast is 16.12, which is an increase of 48.23% from the latest price.
News
Luminar CEO Austin Russell Just Bought LAZR Stock
Shares of Luminar (NASDAQ: LAZR ) are in full focus following the release of its second-quarter earnings and three insider purchases by CEO Austin Russell. Luminar engages in the development of light de...
Luminar Technologies, Inc. (LAZR) Reports Q2 Loss, Tops Revenue Estimates
Luminar Technologies, Inc. (LAZR) delivered earnings and revenue surprises of -5.88% and 12.23%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Luminar Provides Q2 Update; Raises Guidance
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (NASDAQ: LAZR), a leading global automotive technology company, announced its quarterly business update and financial results for the second quarter of 2022, ende...
FreeWire Technologies Expands Leadership Team with Strategic Hires, Bolsters U.S. Operations
NEWARK, Calif.--(BUSINESS WIRE)--FreeWire Technologies, Inc., an industry leader in battery-integrated, ultrafast electric vehicle (EV) charging, welcomes Alex Fishkin, Chief Legal Officer & General Cou...
Luminar to invest in Geely-affiliated Ecarx, eyes China market
Luminar, the Florida-based lidar company that went public via SPAC in 2020, has formed a close alliance with an auto behemoth in China. It's making a strategic investment of an undisclosed amount in Eca...
Luminar to Provide Quarterly Business Update on August 8, 2022
ORLANDO, Fla.--(BUSINESS WIRE)---- $LAZR--Q2 earnings date announcement
Luminar (LAZR) Stock Falls After Joining Russell 2000 Index
Yesterday, LAZR stock was officially added to the Russell 2000 Index. Meanwhile, CEO Austin Russell has been busy buying up shares this year.
Waymo, UPS, others pressure Gov. Newsom to allow autonomous trucking in California
Waymo, Aurora, UPS and Luminar are among a group of 34 autonomous vehicle developers, California business organizations, and automotive and logistics companies that have signed an open letter to Governo...
Luminar Joins Russell 2000® Index
ORLANDO, Fla.--(BUSINESS WIRE)---- $LAZR--For the first time, Luminar (Nasdaq: LAZR), a leading global automotive technology company, officially joined the US Russell 2000® Index, effective today. Lumin...
Luminar hires execs from Apple, NVIDIA, and Tesla
Luminar, the U.S. lidar company, is the latest to poach executives from Apple, Nvidia and Tesla in the continuing talent war in automated driving and autonomous vehicle technology. Christopher “CJ” Moor...
Luminar Partners with ECARX to Drive Next-gen Safety and Autonomy to China and Beyond
ORLANDO, Fla.--(BUSINESS WIRE)---- $LAZR--Luminar Partners with ECARX to Drive Next-gen Safety and Autonomy to China and Beyond
Why Luminar Shares Are Rising Today and What's Its Connection To Apple Car?
Luminar Technologies, Inc (NASDAQ: LAZR) roped in Christopher “CJ” Moore, a manager on Apple Inc's (NASDAQ: AAPL) car project and a former director of Autopilot at Tesla Inc (NASDAQ: TSLA), to lead glob...
Luminar Attracts Former Nvidia, Tesla, Apple and Tier 1 Executives
ORLANDO, Fla.--(BUSINESS WIRE)---- $LAZR--Luminar (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, announced several new additions to its technical leadership. Tan...
Luminar's Austin Russell: ‘We probably shouldn't have existed' but lidar will drive next-gen safety anyway
At TC Sessions: Mobility today, Luminar founder and CEO Austin Russell admitted that his now successful company was founded in hubris, but that a skeptical eye during peak lidar hype helped them focus o...
Luminar stock is 'substantially undervalued,' CEO says
Luminar Founder & CEO Austin Russell joins Yahoo Finance Live anchor Brian Sozzi to discuss company earnings, a partnership with Nissan, and the outlook for growth in the autonomous driving space.
Luminar Technologies, Inc. (LAZR) Reports Q1 Loss, Misses Revenue Estimates
Luminar Technologies, Inc. (LAZR) delivered earnings and revenue surprises of -14.29% and 28.54%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Luminar Technologies Stock Falls After Earnings Miss. But Its Outlook Remains on Track.
Luminar Technologies reported $6.9 million in first-quarter sales, when Wall Street was looking for $8.3 million. But full-year sales guidance didn't change.
Luminar Provides Business Update and Q1 2022 Financials
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (NASDAQ: LAZR), a leading global automotive technology company, today announced its quarterly business update and financial results for the first quarter of 2022,...
Rising Operating Costs to Clip Luminar (LAZR) Q1 Earnings
The Zacks Consensus Estimate for Luminar's (LAZR) Q1 bottom line is pegged at a loss of 13 cents per share.
New Strong Sell Stocks for April 28th
LAZR, EBS, and ROCK have been added to the Zacks Rank #5 (Strong Sell) List on April 28, 2022
Luminar to Provide Quarterly Business Update on May 5, 2022
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies, Inc. (Nasdaq: LAZR), a leading global automotive technology company, today announced that it will provide its quarterly business update and report i...
Luminar acquisition brings high-performance laser capabilities in-house
Luminar, a company that builds vision-based lidar and machine perception technologies for autonomous vehicles, is acquiring high-performance laser manufacturer Freedom Photonics on Monday. The move is L...
Luminar Acquiring Freedom Photonics, Leader in High-Performance Laser Chips
ORLANDO, Fla.--(BUSINESS WIRE)---- $lazr--Luminar Acquiring Freedom Photonics, Leader in High-Performance Laser Chips
Bear of the Day: Luminar Technologies (LAZR)
Investors should avoid this stock before taking it for a ride.