In recent trading session, Luminar Technologies Inc (NASDAQ:LAZR) saw 1.01 million shares changing hands at last check today with its beta currently measuring 1.59. Company’s recent per share price level of $8.01 trading at $0.18 or 2.28% at last check today assigns it a market valuation of $266.65M. That most recent trading price of LAZR’s stock is at a discount of -567.54% from its 52-week high price of $53.47 and is indicating a premium of 38.45% from its 52-week low price of $4.93. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.6 million shares which gives us an average trading volume of 2.94 million if we extend that period to 3-months.

For Luminar Technologies Inc (LAZR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.70. Splitting up the data highlights that, out of 6 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.15 in the current quarter.

Luminar Technologies Inc (NASDAQ:LAZR) trade information

Upright in the green today for gaining 2.28%, in the last five days LAZR remained trading in the green while hitting it’s week-highest on Tuesday, 01/07/25 when the stock touched $8.01 price level, adding 22.98% to its value on the day. Luminar Technologies Inc’s shares saw a change of 48.86% in year-to-date performance and have moved 30.43% in past 5-day. Luminar Technologies Inc (NASDAQ:LAZR) showed a performance of 2.15% in past 30-days. Number of shares sold short was 7.4 million shares which calculate 2.81 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a fall of -167.0% to its recent value today. Analysts have been projecting 1 as a low price target for the stock while placing it at a high target of 15. It follows that stock’s current price would jump 87.52% in reaching the projected high whereas dropping to the targeted low would mean a gain of 87.52% for stock’s current value.

Luminar Technologies Inc (LAZR) estimates and forecasts

Statistics highlight that Luminar Technologies Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -69.32% of value to its shares in past 6 months, showing an annual growth rate of 25.46% while that of industry is 8.30. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to rise 0.71% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 17.43M for the same. And 4 analysts are in estimates of company making revenue of 20.61M in the next quarter. Company posted 22.11M and 20.97M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 34.30% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -17.40% while estimates for its earnings growth in next 5 years are of 20.00%.

Luminar Technologies Inc (NASDAQ:LAZR)’s Major holders

Insiders are in possession of 2.49% of company’s total shares while institution are holding 35.25 percent of that, with stock having share float percentage of 36.15%. Investors also watch the number of corporate investors in a company very closely, which is 35.25% institutions for Luminar Technologies Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at LAZR for having 32.67 million shares of worth $48.67 million. And as of 2024-06-30, it was holding 7.6874 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 25.18 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.9268 of outstanding shares, having a total worth of $37.53 million.

On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 781.23 shares of worth $6.2 million or 0.19% of the total outstanding shares. The later fund manager was in possession of 570.16 shares on Oct 31, 2024, making its stake of worth around $4.52 million in the company or a holder of 0.14% of company’s stock.