In last trading session, Luminar Technologies Inc (NASDAQ:LAZR) saw 3.53 million shares changing hands with its beta currently measuring 2.10. Company’s recent per share price level of $4.76 trading at $0.23 or 5.08% at ring of the bell on the day assigns it a market valuation of $216.05M. That closing price of LAZR’s stock is at a discount of -586.97% from its 52-week high price of $32.70 and is indicating a premium of 30.67% from its 52-week low price of $3.30. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.71 million shares which gives us an average trading volume of 2.42 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 3.20. 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 -1.36 in the current quarter.
Luminar Technologies Inc (NASDAQ:LAZR) trade information
Upright in the green during last session for gaining 5.08%, in the last five days LAZR remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $4.76 price level, adding 0.83% to its value on the day. Luminar Technologies Inc’s shares saw a change of -11.52% in year-to-date performance and have moved 23.64% in past 5-day. Luminar Technologies Inc (NASDAQ:LAZR) showed a performance of 18.56% in past 30-days. Number of shares sold short was 8.02 million shares which calculate 3.88 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 18 to the stock, which implies a rise of 73.56% to its current value. Analysts have been projecting 1 as a low price target for the stock while placing it at a high target of 315. It follows that stock’s current price would jump 78.99% in reaching the projected high whereas dropping to the targeted low would mean a gain of 78.99% for stock’s current value.
Luminar Technologies Inc (LAZR) estimates and forecasts
This year revenue growth is estimated to rise 14.64% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 18.6M for the same. And 4 analysts are in estimates of company making revenue of 22.52M in the next quarter. Company posted 16.45M and 15.49M 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 4.83% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 42.14% while estimates for its earnings growth in next 5 years are of 50.34%.
Luminar Technologies Inc (NASDAQ:LAZR)’s Major holders
Insiders are in possession of 1.70% of company’s total shares while institution are holding 34.70 percent of that, with stock having share float percentage of 35.30%. Investors also watch the number of corporate investors in a company very closely, which is 34.70% 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 0.4797 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 0.3698 of outstanding shares, having a total worth of $37.53 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 749.09 shares of worth $3.57 million or 1.85% of the total outstanding shares. The later fund manager was in possession of 686.91 shares on Mar 31, 2025 , making its stake of worth around $3.27 million in the company or a holder of 1.70% of company’s stock.
