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Luminar Technologies (LAZR)
NASDAQ:LAZR
Luminar Technologies (LAZR) Stock Price & Analysis
3,990 Followers
LAZR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.21 - $8.32
Previous Close$1.68
Volume10.42M
Average Volume (3M)7.76M
Market Cap
$708.77M
Enterprise Value$1.02B
Total Cash (Recent Filing)$320.96M
Total Debt (Recent Filing)$636.64M
Price to Earnings (P/E)-1.1
Beta2.42
Next Earnings
May 07, 2024EPS Estimate
-$0.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.47
Shares Outstanding421,887,427
10 Day Avg. Volume6,250,796
30 Day Avg. Volume7,760,798
Standard Deviation0.19
R-Squared0.16
Alpha-0.07
Financial Highlights & Ratios
Price to Book (P/B)-2.48
Price to Sales (P/S)49.04
Price to Cash Flow (P/CF)-3.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.43
Enterprise Value/Gross Profit-16.99
Enterprise Value/Ebitda-1.92
Forecast
1Y Price Target
$4.77Price Target Upside183.93% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Luminar Technologies News
Bulls Say, Bears Say
Bulls Say
Financial OutlookLuminar expects to hit a quarterly run-rate of mid-$30M in 2H24 following the Volvo SOP, indicating revenue growth below its prior targets.
Market LeadershipLuminar remains among the leaders in the industry based on its customer wins.
Product DevelopmentThe 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
Financial StabilityThe company is likely to need to raise $1 billion in incremental capital through 2025, which could significantly dilute existing shareholders.
Market PerformanceLuminar Technologies, Inc. reported a non-GAAP loss per share of $.20 for the fourth quarter, missing consensus by $.01.
Product ConcernsDespite the promising aspects of Luminar Halo, there are questions about its durability, performance in adverse conditions, and potential manufacturing challenges.
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Ownership Overview
10.39% Insiders
12.19% Mutual Funds
17.43% Other Institutional Investors
59.99% 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 May 07, 2024 which is in 2 days.
How were Luminar Technologies’s earnings last quarter?
Luminar Technologies released its earnings results on Feb 27, 2024. The company reported -$0.2 earnings per share for the quarter, missing the consensus estimate of -$0.188 by -$0.012.
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 -$0.19.
How many shares outstanding does Luminar Technologies have?
Luminar Technologies has 324,798,770 shares outstanding.
What happened to Luminar Technologies’s price movement after its last earnings report?
Luminar Technologies reported an EPS of -$0.2 in its last earnings report, missing expectations of -$0.188. Following the earnings report the stock price went down -4.8%.
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
1
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$4.77 (183.93% Upside)
$4.77 (183.93% Upside)
Blogger Sentiment
Bullish
LAZR Sentiment 76%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 4.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-71.81%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-25.46%
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
Q4 2024
0:00 / 0:00
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LAZR Stock 12 Months Forecast
Average Price Target
$4.77
▲(183.93% Upside)
Technical Analysis
Best Analysts Covering LAZR
1 Year
1 Year Success Rate
0/9 ratings generated profit
1 Year Average Return
-50.10%
reiterated a buy rating last month
Copying Itay Michaeli's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -50.10% per trade.
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