Skip to main content

Luminar Technologies, Inc. (LAZR)

NASDAQ: LAZR · IEX Real-Time Price · USD
15.74
+0.04 (0.26%)
After-hours:Oct 22, 2021 7:56 PM EDT
15.70
-0.46 (-2.85%)
At close: Oct 22, 4:00 PM
Market Cap5.61B
Revenue (ttm)25.57M
Net Income (ttm)-482.46M
Shares Out340.26M
EPS (ttm)-1.77
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,047,394
Open16.11
Previous Close16.16
Day's Range15.45 - 16.13
52-Week Range9.95 - 47.80
Betan/a
AnalystsBuy
Price Target28.63 (+82.4%)
Est. Earnings DateNov 11, 2021

About LAZR

Luminar Technologies, Inc. operates as a vehicle sensor and software company for passenger cars and commercial trucks. The company operates in two segments, Autonomy Solutions and Other Component Sales. The Autonomy Solutions segment designs, manufactures, and sells lidar sensors, and related perception and autonomy software solutions for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and other related industries. The Other Component Sales segment engages in the designing, testing, and consulting of non-stand...

IndustrySoftware-Application
Founded2012
Employees500
Stock ExchangeNASDAQ
Ticker SymbolLAZR
Full Company Profile

Financial Performance

In 2020, LAZR's revenue was $13.95 million, an increase of 10.70% compared to the previous year's $12.60 million. Losses were -$369.06 million, 269.1% more than in 2019.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for LAZR stock is "Buy." The 12-month stock price forecast is 28.63, which is an increase of 82.36% from the latest price.

Price Target
$28.63
(82.36% upside)
Analyst Consensus: Buy

News

Arm and PACCAR Executives Join Luminar

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies, Inc. (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, today announced the addition of two new executives to h...

1 week ago - Business Wire

Luminar's Path To Autonomy Runs Through Software

Luminar's $5 billion market capitalization is by far the largest of the half-dozen lidar start-ups competing for business both among automotive manufacturers and autonomous vehicle technology companies.

1 week ago - Forbes

Luminar to Provide Quarterly Business Update on November 11, 2021

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies, Inc. (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, today announced that it will provide its quarterly busi...

2 weeks ago - Business Wire

After Fiscal Wins Across the Board, It's Time to Buy Luminar

LAZR stock's depressed price doesn't reflect Luminar's major commercial wins and strong year-to-date execution in revenue generation. The post After Fiscal Wins Across the Board, It's Time to Buy Lumina...

1 month ago - InvestorPlace

3 Lidar Stocks to Buy Despite the Market's Doubts

Lidar companies recently took center stage, showcasing their tech as essential to both safety and AD. Lidar stocks are the way of the future.

Other symbols:INVZMVIS
1 month ago - InvestorPlace

Don't Give Up on Luminar Technologies Yet

As we get closer to the era of autonomous driving, lidar will be in hot demand. LAZR stock is one of the best plays on this theme.

1 month ago - InvestorPlace

Luminar Stock Won't Be This Cheap for Much Longer

Luminar's weak near-term price action doesn't make a whole lot of sense. The self-driving LiDAR company's fundamentals are as strong as ever, and on top of that, the AV space is booming right now.

1 month ago - InvestorPlace

What's Happening With Luminar Stock?

Luminar, a company that develops lidar sensors for use in self-driving cars, has seen its stock decline by about 6% over the last week, trading at $16.50 per share. The stock also remains down by about ...

1 month ago - Forbes

Axsome Therapeutics Inc Ranked Among Today's Top Shorts After The European Central Bank Says It May Slow Down Bond Pu...

The Dow Jones dipped about 40 points, the S&P 500 was flat, and the Nasdaq saw some mild gains, led by Big Tech stocks such as Apple, Facebook, and Amazon. Find opportunities in today's market with the ...

Other symbols:AXSMGRPNLVSWKHS
1 month ago - Forbes

Luminar Debuts Proactive SafetyTM with On-Road Demonstrations at IAA Munich; Expands Customer Ecosystem with Two Tier...

MUNICH--(BUSINESS WIRE)--Luminar Debuts Proactive SafetyTM with On-Road Demonstrations at IAA Munich

1 month ago - Business Wire

Luminar Stock Is Poised to Pop for Luminar's 2022 Commercial Launch

Luminar released its first ever public demonstration of its Hydra LiDAR technology, in its second quarter earnings video. It was a strong display of the company's impressive technology.

2 months ago - InvestorPlace

Luminar CEO: Building uncrashable cars is near-term opportunity

Luminar founder and CEO Austin Russell discusses the future of self-driving vehicles and the development of AI. #TheClamanCountdown #FOXBusiness Subscribe to Fox Business!

2 months ago - Fox Business

Tesla Cars Are Crashing. But These 3 Lidar Stocks Are Ready to Race.

The recent NHSTA probe into Tesla brings to light the enormous untapped potential for lidar technology to make driving smarter and safer. Here's a closer look at  the three best ways to play the excitin...

Other symbols:INVZMVIS
2 months ago - InvestorPlace

Luminar Welcomes Four Auto-Tech Industry Leaders to Executive Team

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies, Inc. (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, today announced the addition of four industry leaders t...

2 months ago - Business Wire

Luminar CEO discusses new deal with Volvo to provide lidar technology, and outlook for growth

Luminar CEO discusses new deal with Volvo to provide lidar technology, and outlook for growth

2 months ago - Yahoo Finance

Luminar Reports Q2 2021 Results and Business Update

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies, Inc. (NASDAQ: LAZR), the global leader in automotive lidar hardware and software technology, today announced its quarterly business update and finan...

2 months ago - Business Wire

7 SPACs With The Most Potential as Scrutiny of Blank-Check Firms Grows

Separating good opportunities from the bad ones, which SPACs stand out as name with the most room to gain in the coming years? Consider these seven solid contenders to deliver strong long-term returns f...

2 months ago - InvestorPlace

Down 40% This Year, Is Luminar Stock A Buy?

Luminar, a company that develops lidar sensors for use in self-driving cars, has seen its stock decline by over 40% year-to-date and currently trades at levels of about $18 per share. The decline is dri...

2 months ago - Forbes

The Top 2 Stocks to Buy to Play the Emerging Exoskeleton Megatrend

Many science fiction concepts are turning into disruptive realities and creating enormous investment opportunities. The post The Top 2 Stocks to Buy to Play the Emerging Exoskeleton Megatrend appeared f...

Other symbols:EDIT
2 months ago - InvestorPlace

Luminar buys one of its chip suppliers to bolster self-driving car sensor

Luminar Technologies Inc, a maker of lidar sensors for self-driving cars, said on Monday that it has acquired a small chipmaker that makes a key part of its sensor.

3 months ago - Reuters

Luminar Acquiring Exclusive Lidar Chip Partner and Specialized Fab

ORLANDO, Fla.--(BUSINESS WIRE)--Today, Luminar Technologies, Inc. (Nasdaq: LAZR) announced it is acquiring its exclusive InGaAs chip design partner and manufacturer, OptoGration Inc., bringing specializ...

3 months ago - Business Wire

Luminar to Provide Quarterly Business Update on August 12, 2021

PALO ALTO, Calif.--(BUSINESS WIRE)--Luminar Technologies, Inc. (Nasdaq: LAZR), the global leader in automotive lidar hardware and software technology, today announced that it will provide its quarterly ...

3 months ago - Business Wire

Best Stocks to Buy and Sell This Week: Autonomous Driving

Autonomous driving stocks are among the most speculative plays today. But there's plenty of room to profit from two key players in the space.

Other symbols:INVZNAVTSPVLDR
3 months ago - InvestorPlace

Luminar Stock Rides Bullish LiDAR Wave With Volvo, But There's More to Come

LAZR stock flies higher today on news that Volvo will be including Luminar's LiDAR technology in their next-gen electric vehicle. We expect many more deals like this one to be announced in the coming ye...

3 months ago - InvestorPlace

These 2 Key Themes Are Driving the Stock Market to Record Highs

Find out what you need to know about all-time highs for stocks.

Other symbols:LLY
3 months ago - The Motley Fool