Luminar Technologies, Inc. (LAZR)
NASDAQ: LAZR · Real-Time Price · USD
6.15
+0.49 (8.66%)
At close: Mar 27, 2025, 4:00 PM
6.08
-0.07 (-1.14%)
After-hours: Mar 27, 2025, 6:01 PM EST
Luminar Technologies Stock Forecast
LAZR's stock price has decreased by -75.74% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Luminar Technologies stock have an average target of 42.56, with a low estimate of 7.50 and a high estimate of 90. The average target predicts an increase of 592.03% from the current stock price of 6.15.
Analyst Consensus: Hold
* Price targets were last updated on Nov 14, 2024.
Analyst Ratings
The average analyst rating for Luminar Technologies stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 4 | 4 | 4 | 4 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 8 | 9 | 9 | 9 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $11 → $7.5 | Strong Sell | Maintains | $11 → $7.5 | +21.95% | Nov 14, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $23 → $15 | Hold | Maintains | $23 → $15 | +143.90% | Nov 12, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $30 | Hold | Maintains | $30 | +387.80% | Oct 2, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Initiates $15 | Hold | Initiates | $15 | +143.90% | Sep 10, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $120 → $90 | Buy | Maintains | $120 → $90 | +1,363.41% | Aug 19, 2024 |
Financial Forecast
Revenue This Year
121.08M
from 75.40M
Increased by 60.59%
Revenue Next Year
253.73M
from 121.08M
Increased by 109.56%
EPS This Year
-6.48
from -8.70
EPS Next Year
-3.65
from -6.48
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 154.4M | 291.9M | 893.6M |
| Avg | 121.1M | 253.7M | 868.0M |
| Low | 87.2M | 215.1M | 834.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 104.7% | 141.1% | 252.2% |
| Avg | 60.6% | 109.6% | 242.1% |
| Low | 15.7% | 77.7% | 228.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | -5.95 | -2.68 | -1.55 | |
| Avg | -6.48 | -3.65 | -1.98 | |
| Low | -7.40 | -4.31 | -2.35 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | - | - | - | |
| Avg | - | - | - | |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.