Luminar Technologies (NASDAQ:LAZR - Get Free Report) is projected to release its Q1 2025 earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of ($1.75) per share and revenue of $16.27 million for the quarter.
Luminar Technologies Price Performance
Luminar Technologies stock traded up $0.17 during midday trading on Friday, hitting $4.15. The company's stock had a trading volume of 1,237,207 shares, compared to its average volume of 1,936,237. The company has a market cap of $175.91 million, a price-to-earnings ratio of -0.31 and a beta of 2.06. Luminar Technologies has a 1-year low of $3.30 and a 1-year high of $32.70. The company has a 50-day moving average price of $4.83 and a two-hundred day moving average price of $7.00.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group decreased their price target on Luminar Technologies from $3.50 to $2.00 and set a "sell" rating on the stock in a research report on Thursday, April 10th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Luminar Technologies has an average rating of "Hold" and an average price target of $53.86.
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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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