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Luminar Technologies - LAZR Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $50.06
  • Forecasted Upside: 844.58%
  • Number of Analysts: 8
  • Breakdown:
  • 2 Sell Ratings
  • 3 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$5.30 As of 12/20/2024 06:51 PM ET
▼ -0.19 (-3.46%)

This chart shows the closing price for LAZR by one month, three months, or twelve months.

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Analyst Price Target for LAZR

Analyst Price Target is $50.06
▲ +844.58% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Luminar Technologies in the last 3 months. The average price target is $50.06, with a high forecast of $135.00 and a low forecast of $7.50. The average price target represents a 844.58% upside from the last price of $5.30.

This chart shows the closing price for LAZR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 8 polled investment analysts is to hold stock in Luminar Technologies. This rating has held steady since October 2023, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 2 sell ratings
Ratings as of
11/21/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 2 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/14/2024The Goldman Sachs GroupLower TargetSell ➝ Sell$11.25 ➝ $7.50
11/12/2024Craig HallumLower TargetHold ➝ Hold$22.50 ➝ $15.00
10/2/2024Rosenblatt SecuritiesReiterated RatingNeutral ➝ Neutral$30.00 ➝ $30.00
9/10/2024Deutsche Bank AktiengesellschaftReiterated RatingHold$15.00
8/19/2024JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$120.00 ➝ $90.00
8/16/2024CitigroupLower TargetBuy ➝ Buy$135.00 ➝ $90.00
8/7/2024Rosenblatt SecuritiesLower TargetNeutral ➝ Neutral$45.00 ➝ $30.00
8/6/2024Westpark CapitalReiterated RatingBuy ➝ Buy$135.00 ➝ $135.00
7/11/2024The Goldman Sachs GroupLower TargetSell ➝ Sell$22.50 ➝ $15.00
5/9/2024CitigroupLower TargetBuy ➝ Buy$165.00 ➝ $135.00
4/10/2024Bank of AmericaReiterated RatingNeutral ➝ Underperform$52.50 ➝ $18.00
3/26/2024JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Overweight$300.00 ➝ $120.00
2/29/2024The Goldman Sachs GroupLower TargetSell ➝ Sell$30.00 ➝ $22.50
2/29/2024Bank of AmericaLower TargetNeutral ➝ Neutral$60.00 ➝ $52.50
2/28/2024Rosenblatt SecuritiesLower TargetNeutral ➝ Neutral$75.00 ➝ $45.00
1/25/2024The Goldman Sachs GroupLower TargetSell ➝ Sell$45.00 ➝ $30.00
1/17/2024Deutsche Bank AktiengesellschaftReiterated RatingBuy ➝ Hold$165.00 ➝ $60.00
11/9/2023The Goldman Sachs GroupLower TargetSell ➝ Sell$52.50 ➝ $45.00
10/3/2023The Goldman Sachs GroupLower TargetSell ➝ Sell$67.50 ➝ $52.50
9/26/2023Bank of AmericaInitiated CoverageNeutral ➝ Neutral
8/16/2023CitigroupLower TargetBuy ➝ Buy$270.00 ➝ $255.00
8/9/2023Rosenblatt SecuritiesReiterated RatingNeutral ➝ Neutral$90.00
5/16/2023CitigroupLower Target$285.00 ➝ $270.00
5/10/2023TD CowenLower TargetOutperform$180.00 ➝ $150.00
4/25/2023Jefferies Financial GroupInitiated CoverageBuy$180.00
4/13/2023The Goldman Sachs GroupLower TargetSell$75.00 ➝ $67.50
3/21/2023The Goldman Sachs GroupDowngradeNeutral ➝ Sell$75.00
3/14/2023CitigroupLower TargetBuy$300.00 ➝ $285.00
3/6/2023JPMorgan Chase & Co.Boost TargetOverweight$225.00 ➝ $300.00
3/1/2023Rosenblatt SecuritiesReiterated RatingNeutral$120.00
3/1/2023Deutsche Bank AktiengesellschaftLower Target$225.00 ➝ $210.00
12/20/2022JPMorgan Chase & Co.Lower TargetOverweight$450.00 ➝ $240.00
12/7/2022CitigroupLower TargetBuy$315.00 ➝ $300.00
11/4/2022The Goldman Sachs GroupBoost TargetNeutral$105.00 ➝ $120.00
11/1/2022Westpark CapitalInitiated CoverageBuy$210.00
10/24/2022Rosenblatt SecuritiesInitiated CoverageNeutral$120.00
10/11/2022The Goldman Sachs GroupLower TargetNeutral$135.00 ➝ $105.00
9/22/2022Northland SecuritiesDowngradeOutperform ➝ Market Perform$195.00 ➝ $150.00
9/20/2022JPMorgan Chase & Co.Initiated CoverageOverweight$450.00
8/15/2022Craig HallumLower Target$120.00
8/15/2022CowenBoost Target$210.00
8/10/2022Robert W. BairdLower Target$450.00 ➝ $225.00
8/9/2022CowenBoost Target$180.00 ➝ $210.00
8/9/2022CowenBoost Target$180.00 ➝ $210.00
7/18/2022Deutsche Bank AktiengesellschaftLower Target$345.00 ➝ $225.00
6/1/2022The Goldman Sachs GroupLower TargetNeutral$180.00 ➝ $135.00
5/19/2022Northland SecuritiesLower TargetOutperform$345.00 ➝ $195.00
5/6/2022CitigroupLower Target$465.00 ➝ $360.00
4/14/2022Credit Suisse GroupInitiated CoverageOutperform$330.00
3/29/2022Sumitomo Mitsui Financial GroupInitiated CoverageNeutral$240.00
3/1/2022Deutsche Bank AktiengesellschaftLower Target$420.00 ➝ $345.00
2/1/2022The Goldman Sachs GroupInitiated CoverageNeutral$210.00
1/27/2022Jefferies Financial GroupInitiated CoverageBuy$300.00
12/28/2021Northland SecuritiesReiterated RatingOutperform$570.00
12/22/2021CitigroupInitiated CoverageBuy
12/14/2021CowenInitiated CoverageOutperform$330.00
11/22/2021Berenberg BankReiterated RatingNeutral ➝ Hold
11/12/2021Deutsche Bank AktiengesellschaftReiterated RatingBuy$405.00
11/12/2021R. F. LaffertyLower TargetBuy$570.00 ➝ $555.00
6/25/2021Robert W. BairdUpgradeNeutral ➝ Outperform$330.00 ➝ $450.00
5/25/2021Berenberg BankInitiated CoverageHold$270.00
4/26/2021Bank of AmericaInitiated CoverageNeutral
4/20/2021Bank of AmericaInitiated CoverageNeutral$345.00
3/25/2021Craig HallumInitiated CoverageHold$360.00
3/19/2021Craig HallumInitiated CoverageHold
3/12/2021Northland SecuritiesUpgradeMarket Perform ➝ Outperform$570.00
1/26/2021Northland SecuritiesDowngradeOutperform ➝ Market Perform$615.00 ➝ $570.00
1/14/2021R. F. LaffertyInitiated CoverageBuy$570.00
1/6/2021Smith Barney CitigroupInitiated CoverageBuy$600.00
12/22/2020Robert W. BairdInitiated CoverageNeutral$450.00
12/18/2020Deutsche Bank AktiengesellschaftInitiated CoverageBuy$555.00
12/16/2020Northland SecuritiesUpgradeMarket Perform ➝ Outperform
12/8/2020Northland SecuritiesDowngradeOutperform ➝ Market Perform$615.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.94 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 14 very positive mentions
  • 16 positive mentions
  • 9 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 4 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 4 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 6 very positive mentions
  • 16 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 2 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 3 very positive mentions
  • 2 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Mentions as of
10/22/2024
  • 6 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
11/21/2024
  • 11 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 11 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Luminar Technologies logo
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. The Advanced Technologies and Services segment develops application-specific integrated circuits, pixel-based sensors, and advanced lasers. This segment also designs, tests, and provides consulting services for non-standard integrated circuits for use in automobile and aeronautics sector, as well as government spending in military and defense activities. The company was founded in 2012 and is headquartered in Orlando, Florida.
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Today's Range

Now: $5.30
Low: $5.21
High: $5.55

50 Day Range

MA: $10.73
Low: $5.30
High: $16.95

52 Week Range

Now: $5.30
Low: $5.21
High: $55.35

Volume

2,651,040 shs

Average Volume

1,203,583 shs

Market Capitalization

$176.56 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.53

Frequently Asked Questions

What sell-side analysts currently cover shares of Luminar Technologies?

The following sell-side analysts have issued reports on Luminar Technologies in the last year: Bank of America Co., Citigroup Inc., Craig Hallum, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Rosenblatt Securities, The Goldman Sachs Group, Inc., and Westpark Capital.
View the latest analyst ratings for LAZR.

What is the current price target for Luminar Technologies?

0 Wall Street analysts have set twelve-month price targets for Luminar Technologies in the last year. Their average twelve-month price target is $50.06, suggesting a possible upside of 844.6%. Westpark Capital has the highest price target set, predicting LAZR will reach $135.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $7.50 for Luminar Technologies in the next year.
View the latest price targets for LAZR.

What is the current consensus analyst rating for Luminar Technologies?

Luminar Technologies currently has 2 sell ratings, 3 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in LAZR, but not buy more shares or sell existing shares.
View the latest ratings for LAZR.

What other companies compete with Luminar Technologies?

Other companies that are similar to Luminar Technologies include ADS-TEC Energy, Serve Robotics, Hyliion, ChargePoint and The Shyft Group. Learn More about companies similar to Luminar Technologies.

How do I contact Luminar Technologies' investor relations team?

Luminar Technologies' physical mailing address is 9800 Wilshire Blvd, Beverly Hills CA, 90212. The company's listed phone number is 407-900-5259 and its investor relations email address is [email protected]. The official website for Luminar Technologies is www.luminartech.com. Learn More about contacing Luminar Technologies investor relations.