In last trading session, Luminar Technologies Inc (NASDAQ:LAZR) saw 3.63 million shares changing hands with its beta currently measuring 1.97. Company’s recent per share price level of $2.95 trading at $0.26 or 9.67% at ring of the bell on the day assigns it a market valuation of $146.19M. That closing price of LAZR’s stock is at a discount of -1008.47% from its 52-week high price of $32.70 and is indicating a premium of 14.58% from its 52-week low price of $2.52. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.85 million shares which gives us an average trading volume of 2.47 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 3.50. 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.
Luminar Technologies Inc (NASDAQ:LAZR) trade information
Upright in the green during last session for gaining 9.67%, in the last five days LAZR remained trading in the green while hitting it’s week-highest on Thursday, 06/26/25 when the stock touched $2.95 price level, adding 1.01% to its value on the day. Luminar Technologies Inc’s shares saw a change of -85.49% in year-to-date performance and have moved 2.08% in past 5-day. Luminar Technologies Inc (NASDAQ:LAZR) showed a performance of -20.05% in past 30-days. Number of shares sold short was 10.0 million shares which calculate 3.74 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 83.61% 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 66.1% in reaching the projected high whereas dropping to the targeted low would mean a gain of 66.1% for stock’s current value.
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 52.25% while estimates for its earnings growth in next 5 years are of 45.70%.
Luminar Technologies Inc (NASDAQ:LAZR)’s Major holders
Insiders are in possession of 1.74% of company’s total shares while institution are holding 30.57 percent of that, with stock having share float percentage of 31.11%. Investors also watch the number of corporate investors in a company very closely, which is 30.57% 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.
