Luminar Technologies (NASDAQ:LAZR - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 6th. Analysts expect Luminar Technologies to post earnings of ($1.75) per share and revenue of $16.27 million for the quarter.
Luminar Technologies Price Performance
Luminar Technologies stock opened at $3.82 on Tuesday. The firm has a 50 day simple moving average of $5.09 and a 200-day simple moving average of $7.40. The stock has a market cap of $161.93 million, a price-to-earnings ratio of -0.29 and a beta of 1.86. Luminar Technologies has a 1-year low of $3.30 and a 1-year high of $34.80.
Analyst Ratings Changes
Separately, The Goldman Sachs Group cut their target price on Luminar Technologies from $3.50 to $2.00 and set a "sell" rating for the company in a research note on Thursday, April 10th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $53.86.
View Our Latest Report on LAZR
Luminar Technologies Company Profile
(
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Luminar Technologies, Inc, an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. It operates in two segments, Autonomy Solutions and Advanced Technologies and Services. The Autonomy Solutions segment designs, manufactures, and sells laser imaging, detection, and ranging sensors or lidars, as well as related perception and autonomy software solutions primarily for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries.
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