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Luminar Technologies (LAZR)
NASDAQ:LAZR
Luminar Technologies (LAZR) Stock Price & Analysis
4,213 Followers
LAZR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.21 - $8.01
Previous Close$1.67
Volume5.20M
Average Volume (3M)8.49M
Market Cap
$744.19M
Enterprise Value$1.19B
Total Cash (Recent Filing)$218.33M
Total Debt (Recent Filing)$665.93M
Price to Earnings (P/E)―
Beta2.69
Next Earnings
Aug 06, 2024EPS Estimate
-$0.17Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.37
Shares Outstanding445,623,734
10 Day Avg. Volume5,926,961
30 Day Avg. Volume8,487,922
Standard Deviation0.19
R-Squared0.16
Alpha-0.07
Financial Highlights & Ratios
Price to Book (P/B)-2.03
Price to Sales (P/S)22.22
Price to Cash Flow (P/CF)-1.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.63
Enterprise Value/Gross Profit-16.40
Enterprise Value/Ebitda-2.39
Forecast
1Y Price Target
$3.44Price Target Upside105.99% Upside
Rating ConsensusHold
Number of Analyst Covering6
Luminar Technologies News
PremiumCompany Announcements
Luminar Technologies Stockholders Approve Key Governance Proposals
Bulls Say, Bears Say
Bulls Say
Industry PositionLuminar Technologies is a leading provider of hardware and software lidar solutions, with a focus on highway vehicle autonomy and ADAS.
Market AdoptionLAZR highlighted that it expects to ship 5x more product in the second half of the year than it has shipped in its history.
Product InnovationThe new product, called Luminar Halo, seems promising for several reasons: the cost will be roughly half that of Iris, it is 3x smaller and 3x lighter than Iris, and it is expected to have 4x improved performance relative to Iris.
Bears Say
Capital RequirementsLuminar believes it has enough cash to get through 2025, but will need to raise a few hundred million dollars of new capital to reach breakeven.
Financial PerformanceOperating expenses were higher than forecast, impacting profitability.
RevenueThe company expects potentially lower revenue in 2Q24 than in 1Q.
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Ownership Overview
9.91% Insiders
11.87% Mutual Funds
17.24% Other Institutional Investors
60.98% 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 $8.01 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 06, 2024 which is in 16 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 -$0.17.
How many shares outstanding does Luminar Technologies have?
Luminar Technologies has 348,535,060 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 N/A.
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Luminar Technologies Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$3.44 (105.99% Upside)
$3.44 (105.99% Upside)
Blogger Sentiment
Bullish
LAZR Sentiment 76%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 3.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 3.1%
Last 30 Days ▼ 3.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-78.45%
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
$3.44
▲(105.99% Upside)
Technical Analysis
Best Analysts Covering LAZR
1 Year
1 Year Success Rate
9/9 ratings generated profit
1 Year Average Return
+46.33%
reiterated a sell rating 12 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 +46.33% per trade.
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