Luminar Technologies (LAZR) to Release Quarterly Earnings on Tuesday

Key Points

• Luminar Technologies (LAZR) is set to release its Q2 2025 earnings on August 12th, with analysts predicting a loss of ($1.19) per share and revenue of $17.27 million.
• The company's stock has declined 2.2%, currently trading at $2.73, and has a market capitalization of $127.98 million.
• Analysts maintain a consensus rating of "Hold" for LAZR, with a significant drop in target price from Goldman Sachs, now at $2.00.

Luminar Technologies (NASDAQ:LAZR - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Tuesday, August 12th. Analysts expect the company to announce earnings of ($1.19) per share and revenue of $17.27 million for the quarter. Luminar Technologies has set its FY 2025 guidance at EPS.

Luminar Technologies (NASDAQ:LAZR - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported ($1.50) earnings per share for the quarter, beating analysts' consensus estimates of ($1.75) by $0.25. The company had revenue of $18.89 million during the quarter, compared to the consensus estimate of $16.27 million. During the same quarter in the prior year, the business earned ($0.19) EPS. The firm's revenue for the quarter was down 10.0% compared to the same quarter last year. On average, analysts expect Luminar Technologies to post $-14 EPS for the current fiscal year and $-8 EPS for the next fiscal year.

Luminar Technologies Stock Down 2.2%

LAZR stock opened at $2.73 on Tuesday. Luminar Technologies has a twelve month low of $2.52 and a twelve month high of $21.90. The stock's 50 day moving average is $3.10 and its 200-day moving average is $4.39. The firm has a market capitalization of $127.98 million, a PE ratio of -0.42 and a beta of 1.96.

Institutional Trading of Luminar Technologies

A number of institutional investors and hedge funds have recently modified their holdings of LAZR. Rhumbline Advisers increased its position in Luminar Technologies by 19.2% in the first quarter. Rhumbline Advisers now owns 36,024 shares of the company's stock worth $194,000 after buying an additional 5,810 shares during the last quarter. AQR Capital Management LLC purchased a new stake in Luminar Technologies in the first quarter worth $665,000. Royal Bank of Canada increased its position in Luminar Technologies by 20,160.0% in the first quarter. Royal Bank of Canada now owns 231,572 shares of the company's stock worth $1,248,000 after buying an additional 230,429 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in Luminar Technologies by 6.9% in the first quarter. Goldman Sachs Group Inc. now owns 333,675 shares of the company's stock worth $1,799,000 after buying an additional 21,468 shares during the last quarter. 30.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LAZR has been the topic of a number of recent research reports. The Goldman Sachs Group dropped their target price on Luminar Technologies from $3.50 to $2.00 and set a "sell" rating on the stock in a report on Thursday, April 10th. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of Luminar Technologies in a research report on Thursday, May 15th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, Luminar Technologies presently has a consensus rating of "Hold" and an average price target of $53.86.

About Luminar Technologies

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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