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Luminar Technologies (LAZR)
NASDAQ:LAZR
Luminar Technologies (LAZR) Stock Price & Analysis
4,033 Followers
LAZR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.21 - $8.32
Previous Close$1.71
Volume11.36M
Average Volume (3M)9.13M
Market Cap
$810.94M
Enterprise Value$1.08B
Total Cash (Recent Filing)$320.96M
Total Debt (Recent Filing)$636.64M
Price to Earnings (P/E)-1.2
Beta2.41
Next Earnings
Aug 07, 2024EPS Estimate
-$0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.37
Shares Outstanding421,887,427
10 Day Avg. Volume14,113,187
30 Day Avg. Volume9,133,698
Standard Deviation0.19
R-Squared0.16
Alpha-0.07
Financial Highlights & Ratios
Price to Book (P/B)-2.83
Price to Sales (P/S)49.92
Price to Cash Flow (P/CF)-3.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue18.33
Enterprise Value/Gross Profit-17.88
Enterprise Value/Ebitda-2.02
Forecast
1Y Price Target
$4.90Price Target Upside169.23% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Luminar Technologies News
Bulls Say, Bears Say
Bulls Say
Financial OutlookLuminar's forward-looking order book is currently $3.8 billion, up from $3.4 billion a year ago, indicating robust growth potential.
Industry TrendRegulatory tailwinds should drive an inflection in LiDAR adoption, with all new vehicles requiring advanced AEB/PAEB systems by 2029.
Production MilestoneThe start of production of its LIDAR for the Volvo EX90 marks a key milestone for the company, as it is the first production vehicle to include Luminar’s LIDAR.
Bears Say
Capital Raise ConcernsThe company is likely to need to raise $1 billion in incremental capital through 2025, which could significantly dilute existing shareholders.
Earnings PerformanceLuminar reported revenue and non-GAAP EPS below the Street's expectations.
Market Demand UncertaintyWeaker EV demand and headwinds such as affordability challenges, range/charging anxiety, and falling residual values are slowing down LAZR's volume ramp.
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Ownership Overview
9.68% Insiders
11.36% Mutual Funds
16.66% Other Institutional Investors
62.30% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LAZR FAQ
What was Luminar Technologies’s price range in the past 12 months?
Luminar Technologies lowest stock price was $1.21 and its highest was $8.32 in the past 12 months.
What is Luminar Technologies’s market cap?
Currently, no data Available
When is Luminar Technologies’s upcoming earnings report date?
Luminar Technologies’s upcoming earnings report date is Aug 07, 2024 which is in 85 days.
How were Luminar Technologies’s earnings last quarter?
Luminar Technologies released its earnings results on May 07, 2024. The company reported -$0.19 earnings per share for the quarter, missing the consensus estimate of -$0.189 by -$0.001.
Is Luminar Technologies overvalued?
According to Wall Street analysts Luminar Technologies’s price is currently Undervalued.
Does Luminar Technologies pay dividends?
Luminar Technologies does not currently pay dividends.
What is Luminar Technologies’s EPS estimate?
Luminar Technologies’s EPS estimate is -$0.18.
How many shares outstanding does Luminar Technologies have?
Luminar Technologies has 348,483,580 shares outstanding.
What happened to Luminar Technologies’s price movement after its last earnings report?
Luminar Technologies reported an EPS of -$0.19 in its last earnings report, missing expectations of -$0.189. Following the earnings report the stock price went up 18.788%.
Which hedge fund is a major shareholder of Luminar Technologies?
Among the largest hedge funds holding Luminar Technologies’s share is Moore Capital Management LP. It holds Luminar Technologies’s shares valued at 12M.
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Luminar Technologies Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$4.90 (169.23% Upside)
$4.90 (169.23% Upside)
Blogger Sentiment
Bullish
LAZR Sentiment 77%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 4.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 2.4%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-67.08%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-28.92%
Trailing 12-Months
Company Description
Luminar Technologies
Luminar is an automotive technology company providing LiDAR hardware and software products to enable vehicle safety and autonomy. The company, through its Autonomy Solutions segment, manufactures and distributes LiDAR sensors. Further, Luminar’s Advanced Technologies and Services division develops application-specific integrated circuits, advanced lasers, and pixel-based sensors.
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LAZR Earnings Call
Q1 2024
0:00 / 0:00
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LAZR Stock 12 Month Forecast
Average Price Target
$4.90
▲(169.23% Upside)
Technical Analysis
Best Analysts Covering LAZR
1 Year
1 Year Success Rate
8/8 ratings generated profit
1 Year Average Return
+51.05%
reiterated a sell rating 7 days ago
Copying Mark Delaney's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +51.05% per trade.
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