In the last trading session, 1.69 million Luminar Technologies Inc (NASDAQ:LAZR) shares changed hands as the company’s beta touched 2.01. With the company’s per share price at $3.37 changed hands at $0.05 or 1.51% during last session, the market valuation stood at $158.38M. LAZR’s last price was a discount, traded about -870.33% off its 52-week high of $32.70. The share price had its 52-week low at $3.25, which suggests the last value was 3.56% up since then.
Analysts gave the Luminar Technologies Inc (LAZR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.50. If we narrow down to specifics, the data shows that 1 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended LAZR as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Luminar Technologies Inc’s EPS for the current quarter is expected to be -1.18.
Luminar Technologies Inc (NASDAQ:LAZR) trade information
Instantly LAZR was in green as seen at the end of in last trading. With action -6.13%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -37.36%, with the 5-day performance at -6.13% in the red. However, in the 30-day time frame, Luminar Technologies Inc (NASDAQ:LAZR) is -12.47% down.
The consensus price target for the stock as assigned by Wall Street analysts is 18, meaning bulls need an upside of 81.28% from its current market value. According to analyst projections, LAZR’s forecast low is 1 with 315 as the target high. To hit the forecast high, the stock’s price needs a -9247.18% plunge from its current level, while the stock would need to tank 70.33% for it to hit the projected low.
Luminar Technologies Inc (LAZR) estimates and forecasts
Year-over-year growth is forecast to reach 14.45% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 17.27M. 4 analysts are of the opinion that Luminar Technologies Inc’s revenue for the current quarter will be 22.28M. The company’s revenue for the corresponding quarters a year ago was 16.45M and 15.49M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 4.98%. The estimates for the next quarter sales put growth at 43.83%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 4.83%. The 2025 estimates are for Luminar Technologies Inc earnings to increase by 52.25%, but the outlook for the next 5-year period is at 45.70% per year.
LAZR Dividends
Luminar Technologies Inc is expected to release its next quarterly earnings report in July.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 0.3698% or 25.18 million shares worth $37.53 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 749.09 shares estimated at $2.52 million under it, the former controlled 1.78% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 1.53% of the shares, roughly 640.79 shares worth around $2.16 million.
