Luminar Technologies, Inc. (LAZR) Advances But Underperforms Market: Key Facts
Luminar Technologies, Inc. (LAZR) concluded the recent trading session at $5.20, signifying a +1.17% move from its prior day's close.
Luminar Technologies, Inc. (LAZR) Stock Slides as Market Rises: Facts to Know Before You Trade
Luminar Technologies, Inc. (LAZR) closed the most recent trading day at $5.42, moving -0.28% from the previous trading session.
Luminar Technologies, Inc. (LAZR) Laps the Stock Market: Here's Why
In the latest trading session, Luminar Technologies, Inc. (LAZR) closed at $5.34, marking a +1.71% move from the previous day.
Luminar Technologies, Inc. (LAZR) Registers a Bigger Fall Than the Market: Important Facts to Note
Luminar Technologies, Inc. (LAZR) reachead $5.25 at the closing of the latest trading day, reflecting a -1.78% change compared to its last close.
Where Will Luminar Technologies Stock Be in 3 Years?
Luminar Technologies (LAZR 3.88%), a producer of automotive lidars, has burned a lot of investors since its public debut on Dec. 2, 2020. Its stock opened at $354.75, set a record high of $627 five days later, but now trades at about $6.
Should You Buy Luminar Technologies Stock While It's Below $11?
Imagine a future where self-driving cars solve day-to-day issues like long commutes, traffic jams, and roadway dangers. Before that future can become a reality, companies need to build systems that will allow self-driving vehicles to fully operate.
Luminar Technologies: Long-Term Upside Remains Very Attractive
I reiterate a buy rating for Luminar Technologies due to its strong innovation and strategic partnerships, despite recent share price weakness. The upcoming Halo LiDAR launch in 2026 is a potential game-changer, offering significant performance and cost improvements for high-level autonomous driving. LAZR's partnerships with Volvo and a major Japanese OEM highlight its product reliability and credibility, creating a flywheel effect for future adoption.
Why I'm Waiting For Luminar Technologies To Prove Its Potential
Luminar Technologies has strong growth potential with partnerships like Volvo and Nvidia, but faces financial challenges and high speculative valuation. Despite impressive revenue growth projections, Luminar is not profitable and has significant operating losses and negative gross margins. The company's financial health is concerning, with high debt and the need for additional funding to achieve profitability.
Why Luminar Stock Is Soaring Today
Luminar (LAZR 10.14%) stock is seeing another day of big gains Tuesday. The company's share price was up 12.3% as of 12:15 p.m.
Luminar Technologies (LAZR) Soars 27.3%: Is Further Upside Left in the Stock?
Luminar Technologies (LAZR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Why Luminar Stock Is Skyrocketing Today
Is Nvidia about to kick off an explosive rally for Luminar stock?
LAZR stock forecast: what to expect in 2025 for lidar tech
Luminar Technologies Inc (NASDAQ: LAZR) has managed to increase its sales by about five times over the past four years. But that may still not be enough for investors as the company's revenue growth has, nonetheless, fallen significantly short of the pace its management guided for in 2020.
