Luminar Technologies (NASDAQ:LAZR - Get Free Report) is expected to announce its Q1 2025 earnings results before the market opens 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 Stock Performance
Luminar Technologies stock opened at $3.95 on Friday. The firm has a market capitalization of $167.44 million, a P/E ratio of -0.30 and a beta of 1.86. The company has a 50-day simple moving average of $4.93 and a 200-day simple moving average of $7.20. Luminar Technologies has a one year low of $3.30 and a one year high of $34.80.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group dropped their price target on shares of Luminar Technologies from $3.50 to $2.00 and set a "sell" rating on the stock in a research note on Thursday, April 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, Luminar Technologies has a consensus rating of "Hold" and a consensus target price of $53.86.
Check Out Our Latest Analysis on Luminar Technologies
About Luminar Technologies
(
Get Free Report)
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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