Luminar Technologies, Inc. (LAZR)
NASDAQ: LAZR · Real-Time Price · USD
3.630
-0.030 (-0.82%)
Apr 23, 2025, 4:00 PM EDT - Market closed
Luminar Technologies Stock Forecast
LAZR's stock price has decreased by -81.38% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Luminar Technologies stock have an average target of 45.29, with a low estimate of 2.00 and a high estimate of 90. The average target predicts an increase of 1,147.66% from the current stock price of 3.63.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Luminar Technologies stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 9 | 9 | 9 | 9 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $3.5 → $2 | Strong Sell | Maintains | $3.5 → $2 | -44.90% | Apr 10, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $11 → $7.5 | Strong Sell | Maintains | $11 → $7.5 | +106.61% | Nov 14, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $23 → $15 | Hold | Maintains | $23 → $15 | +313.22% | Nov 12, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $30 | Hold | Maintains | $30 | +726.45% | Oct 2, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Initiates $15 | Hold | Initiates | $15 | +313.22% | Sep 10, 2024 |
Financial Forecast
Revenue This Year
88.51M
from 75.40M
Increased by 17.39%
Revenue Next Year
136.03M
from 88.51M
Increased by 53.70%
EPS This Year
-5.74
from -8.70
EPS Next Year
-3.94
from -5.74
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 94.5M | 187.1M | 304.5M | |
| Avg | 88.5M | 136.0M | 229.5M | |
| Low | 81.3M | 93.9M | 156.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 25.3% | 111.4% | 123.8% | |
| Avg | 17.4% | 53.7% | 68.7% | |
| Low | 7.9% | 6.1% | 15.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | -4.94 | -2.30 | -1.55 | |
| Avg | -5.74 | -3.94 | -1.90 | |
| Low | -6.91 | -6.66 | -2.21 |
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.