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Luminar Technologies ( (LAZR) ) has shared an announcement.
On May 14, 2025, Jun Hong Heng, a director at Luminar Technologies, resigned following an inquiry by the Audit Committee. His resignation was not due to any disagreements with the company’s operations, policies, or practices.
The most recent analyst rating on (LAZR) stock is a Sell with a $18.00 price target. To see the full list of analyst forecasts on Luminar Technologies stock, see the LAZR Stock Forecast page.
Spark’s Take on LAZR Stock
According to Spark, TipRanks’ AI Analyst, LAZR is a Neutral.
Luminar Technologies’ overall score reflects its strong revenue growth but is overshadowed by financial instability and technical weaknesses. The company’s negative equity, cash flow challenges, and bearish stock trends are significant concerns. While the earnings call indicates strategic growth plans, the conservative revenue forecast and geopolitical risks temper enthusiasm.
To see Spark’s full report on LAZR stock, click here.
More about Luminar Technologies
Luminar Technologies operates in the automotive technology industry, focusing on developing advanced sensor technologies and software for autonomous vehicles.
Average Trading Volume: 2,447,088
Technical Sentiment Signal: Sell
Current Market Cap: $205.6M
Find detailed analytics on LAZR stock on TipRanks’ Stock Analysis page.