Luminar Technologies, Inc. (LAZR)

NASDAQ: LAZR · IEX Real-Time Price · USD
10.88
-0.19 (-1.67%)
Aug 16, 2022 11:40 AM EDT - Market open
-1.67%
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...]

Industry Auto Components
Founded 2012
Employees 500
Stock Exchange NASDAQ
Ticker Symbol LAZR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$16.12
(48.23% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

Other symbols: MNTS

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

7 Stocks to Sell in a Bear Market

With investors facing a tough equities sector and economic environment, it's time to soberly consider stocks to sell in a bear market. The post 7 Stocks to Sell in a Bear Market appeared first on Invest...

Other symbols: DDSKBHOPENRDFNRHSIG

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...

Other symbols: GOOGGOOGLUPS

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

Other symbols: EBSROCK

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.