Luminar Technologies (LAZR)
NASDAQ:LAZR

Luminar Technologies (LAZR) Stock Forecast & Price Target

3,074 Followers
See the Price Targets and Ratings of:

Analyst Rating Consensus

Moderate Buy
9Ratings
5 Buy
4 Hold
0 Sell
Based on 9 analysts giving stock ratings to
Luminar
Technologies
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

LAZR Stock Price Prediction

Average Price Target

$14.00
▲(82.29% Upside)
Based on 9 Wall Street analysts offering 12 month price targets for Luminar Technologies in the last 3 months. The average price target is $14.00 with a high forecast of $30.00 and a low forecast of $8.00. The average price target represents a 82.29% change from the last price of $7.68.
Highest Price Target$30.00Average Price Target$14.00Lowest Price Target$8.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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Jefferies
$14.00
Buy
82.29%
Upside
Reiterated
Luminar Technologies (LAZR) Gets a Buy from Jefferies
Deutsche Bank
$15.00
Buy
95.31%
Upside
Reiterated
We leave our estimates essentially unchanged for the next few years, calling for revenue of $44m/$133m in 2022/23E and then rising to >$385m by 2024E. We maintain our Buy rating and maintain our price target at $15, still based on the average of 1.0x our 2030E revenue and 5x 2030E Ebitda, discounted back.
Citigroup
$21.00
Buy
173.44%
Upside
Reiterated
Luminar Technologies (LAZR) PT Lowered to $21 at CitiCiti analyst Itay Michaeli lowered the price target on Luminar Technologies (NASDAQ: LAZR) to $21.00 (from $24.00) while maintaining a Buy rating.
Credit Suisse
$22.00
Buy
186.46%
Upside
Initiated
Luminar initiated with an Outperform at Credit SuisseLuminar initiated with an Outperform at Credit Suisse
SMBC Nikko
$16.00
Hold
108.33%
Upside
Initiated
Luminar initiated with a Neutral at SMBC NikkoLuminar initiated with a Neutral at SMBC Nikko
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LAZR Financial Forecast

LAZR Earnings Forecast
Next quarter’s earnings estimate for LAZR is -$0.21 with a range of -$0.23 to -$0.20. The previous quarter’s EPS was -$0.18. LAZR beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.89% of the time in the same period. In the last calendar year LAZR has Underperformed its overall industry.
Next quarter’s earnings estimate for LAZR is -$0.21 with a range of -$0.23 to -$0.20. The previous quarter’s EPS was -$0.18. LAZR beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.89% of the time in the same period. In the last calendar year LAZR has Underperformed its overall industry.
LAZR Sales Forecast
Next quarter’s sales forecast for LAZR is $12.52M with a range of $12.00M to $13.00M. The previous quarter’s sales results were $12.79M. LAZR beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 72.08% of the time in the same period. In the last calendar year LAZR has Outperformed its overall industry.
Next quarter’s sales forecast for LAZR is $12.52M with a range of $12.00M to $13.00M. The previous quarter’s sales results were $12.79M. LAZR beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 72.08% of the time in the same period. In the last calendar year LAZR has Outperformed its overall industry.
LAZR Analyst Recommendation Trends
In the current month, LAZR has received 4 Buy ratings 2 Hold ratings, and 0 Sell ratings. The LAZR average analyst price target in the past 3 months is $14.00
In the current month, LAZR has received 4 Buy ratings 2 Hold ratings, and 0 Sell ratings. The LAZR average analyst price target in the past 3 months is $14.00

LAZR Stock Forecast FAQ

What is LAZR’s average 12-month price target, according to analysts?
Based on analyst ratings, Luminar Technologies’s 12-month average price target is $14.00.
    What is LAZR’s upside potential, based on the analysts’ average price target?
    Luminar Technologies has 82.29% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is LAZR a Buy, Sell or Hold?
          Luminar Technologies has a conensus rating of Moderate Buy which is based on 5 buy ratings, 4 hold ratings and 0 sell ratings.
            What is Luminar Technologies’s price target?
            The average price target for Luminar Technologies is $14.00. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $30.00 ,the lowest forecast is $8.00. The average price target represents 82.29% Increase from the current price of $7.68.
              What do analysts say about Luminar Technologies?
              Luminar Technologies’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 9 Wall Streets Analysts.

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