Luminar Technologies (LAZR) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Luminar Technologies (LAZR) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 19, 2024 (21:20)

Sector: Technology

The share price of Luminar Technologies, Inc. (LAZR) now

Latest session on the 17th of May for
Luminar Technologies, Inc. is negative
Trading Volume: 8945776
Open: 1.7 /  High: 1.765 /  Low: 1.68
What analysts predict: $4.62
52-week High/Low: $8.32 / $1.21

50/200 Day Moving Average: $1.684 / $3.208

This figure corresponds to the Average Price over the previous 50/200 days. For Luminar Technologies stocks, the 50-day moving average is the support level today.

For Luminar Technologies stocks, the 200-day moving average is the resistance level today.

Are you interested in Luminar Technologies, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Luminar Technologies stock price in 2024, 2025, 2026, 2027, 2028. How much will one Luminar Technologies share be worth in 2024 - 2028?

When should I take profit in Luminar Technologies stock? When should I record a loss on Luminar Technologies stock? What are analysts' forecasts for Luminar Technologies stock? What is the future of Luminar Technologies stock? We forecast Luminar Technologies stock performance using neural networks based on historical data on Luminar Technologies stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Luminar Technologies stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Luminar Technologies shares. This happens once a day.


Historical and forecast chart of Luminar Technologies stock

The chart below shows the historical price of Luminar Technologies stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Luminar Technologies stock price can be found in the table below.

Long-term forecasts by years.

Cracking the Code on LAZR Stock: Predictive Insights Into Luminar Technologies

Trend: Bearish
May 09, 2024

Investors and analysts are perpetually on the lookout for factors that will drive LAZR stock forecasts, seeking insights into whether LAZR is a good stock to buy or sell. Amidst a fluctuating market landscape, pivotal events and underlying dynamics paint a complex picture for Luminar Technologies' future stock rates. Key elements such as cash flow, revenue generation, and gross margin significantly influence LAZR stock price predictions, offering a blueprint for making informed investment decisions.

Unlocking Future Valuations: A Deep Dive into Luminar's Financial Health

At the core of Luminar Technologies' stock forecast lies its ability to rev up cash flow and revenue generation. Success in these areas spells a promising outlook for investors contemplating whether to buy or sell Luminar Technologies stock. Production efficiencies, especially regarding Luminar's LiDAR sensors for elite customers like Volvo, serve as bellwethers for reaching revenue targets and enhancing LAZR's stock price target.

Moreover, the company's strategic moves towards cost-cutting, restructuring, and beneficial partnerships are crucial levers. These actions, alongside managing equity issuance to avoid dilution, will play a significant role in the LAZR stock forecast. Analysts focusing on these indicators will likely yield the most accurate predictions on the LAZR stock buy or sell dilemma.

Why is LAZR stock down, then? It's a confluence of challenges and opportunities. Investors seeking to navigate the intricacies of Luminar Technologies stock forecast must consider these multifaceted factors. With a keen eye on the company’s balance sheet, cash position, and efforts towards profitability, making a well-informed decision on LAZR stocks becomes a calculated venture rather than a shot in the dark.

In essence, as Luminar Technologies strides towards enhancing its financial footprint, closely monitoring these pivotal areas will furnish investors with the necessary insights to conjecture why LAZR stock could be the investment of tomorrow. Whether it’s gaining ground on profitability or leveraging strategic partnerships, each move is a piece of the puzzle in forecasting LAZR stock rates accurately.

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LAZR Stock Forecast: Riding the Wave of LiDAR Innovation and Strategic Shifts

Trend: Strong Bullish
May 07, 2024

For those eyeing Luminar Technologies (LAZR) and contemplating whether it's a good stock to buy, the near future holds pivotal changes. Two major events are on the horizon to significantly influence LAZR stock rates. First, the launching of LiDAR sensors for Volvo EX90 marks a tremendous leap. This not only showcases Luminar's prowess in LiDAR technology but also promises a substantial revenue uptick. As analysts pore over the LAZR stock forecast, the Volvo deal is a critical component, hinting at an era of growth as Luminar begins to capture significant market share.

Debt and Strategy: Navigating Through Challenges

However, it's not all smooth sailing. The company's long-term debt burden and its strategic transition to an "asset light" approach are also key factors that analysts must weigh. The debt scenario particularly presents a puzzle. With the current LAZR stock price prediction varying widely, the company's maneuver through its debts, potentially via issuing convertible notes, could sway LAZR stock price targets. Meanwhile, the transition to an asset-light model could be a double-edged sword; it promises reduced operating costs and scalability, but its success is vital.

To make the most accurate predictions, analysts should closely monitor these developments. The blend of revenue growth from the Volvo collaboration and the outcomes of its strategic maneuvers will provide clues. Is LAZR a good stock to buy or sell? The answer lies in understanding these intricate dynamics and their impact on Luminar Technologies stock forecast, making LAZR stock buy or sell decisions more informed.

In summary, the imminent launch of LiDAR sensors for Volvo and the strategic shifts within Luminar paint a complex picture. Keeping an eye on these factors could help analysts and investors alike navigate the LAZR stock forecast with greater clarity.

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Unlocking the Future: Navigating LAZR's Stock Price Trajectory

Trend: Bullish
Apr 02, 2024

In the unfolding narrative of LAZR, a company at the forefront of the electric vehicle industry, discerning the future movements of its stock price requires a keen understanding of the undercurrents shaping its journey. Investors and analysts alike are closely observing several pivotal events and factors that promise to be instrumental in dictating the direction of LAZR's stock rates in the near term.

Forecasting LAZR's Financial Highways

Central to this analysis is the company's execution of key milestones, a testament to its operational prowess and a significant determinant of investor confidence. Successful ramp-ups with partners like Volvo and seamless initial production audits underline LAZR's competency, potentially boosting its stock price as these achievements resonate with the broader market.

Yet, the landscape is not solely shaped by internal accomplishments. The investor focus on overall EV production volume sketches a broader canvas wherein LAZR's contributions might currently be underappreciated. As the industry continues to grow, a pivot towards recognizing LAZR's integral role could substantially correct its stock valuation.

The linchpins of future predictions also include the growth of LAZR's order book and its cash flow situation. With a robust order book indicative of strong market demand and strategic financial management poised to stabilize cash flow, analysts can weave a more accurate forecast of the company's stock trajectory. Contrastingly, a sluggish cash burn rate and failure to enhance the order book may dampen prospects.

In descending order, the factors shaping LAZR's stock price trajectory are:

  • Execution of key milestones
  • Investor focus on overall EV production
  • Order book growth
  • Cash flow situation

Understanding these dynamics offers analysts a comprehensive toolset for navigating the speculative waters of LAZR's stock predictions, turning insights into foresights in the ever-evolving narrative of the electric vehicle sector.

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About author

Luminar Technologies, Inc. is an American technology company that develops sensor technologies for autonomous vehicles, including the latest laser imaging, detection and ranging (Lidar) technologies. In addition, the company develops ultra-sensitive pixel-based sensors and provides consulting services for the development of custom integrated circuits that meet customer requirements. The company has R&D and manufacturing facilities located in Palo Alto, California, Orlando, Florida, where Luminar is headquartered.
Luminar Technologies, Inc. was formed on December 2, 2020 by the merger of Legacy Luminar with SPAC by Gores Metropoulos, Inc.

Luminar Technologies daily forecast for a month

Date Target Pes. Opt. Vol., %
May 21 1.81 1.80 1.85 3.02
May 22 1.84 1.83 1.88 2.75
May 23 1.84 1.81 1.86 2.90
May 24 1.84 1.83 1.87 2.30
May 25 1.88 1.85 1.91 3.34
May 26 1.86 1.85 1.88 2.08
May 27 1.85 1.82 1.88 3.30
May 28 1.87 1.86 1.89 1.99
May 29 1.82 1.80 1.83 1.45
May 30 1.79 1.76 1.82 3.86
May 31 1.75 1.74 1.77 1.96
Jun 01 1.77 1.72 1.78 2.98
Jun 02 1.81 1.79 1.83 1.79
Jun 03 1.83 1.82 1.86 2.12
Jun 04 1.88 1.86 1.89 1.94
Jun 05 1.91 1.88 1.93 2.35
Jun 06 1.91 1.87 1.94 3.80
Jun 07 1.96 1.93 2.00 3.85
Jun 08 1.94 1.92 1.99 3.66
Jun 09 1.92 1.88 1.96 4.22
Jun 10 1.91 1.87 1.95 4.42
Jun 11 1.93 1.89 1.96 3.61
Jun 12 1.94 1.92 1.96 2.21
Jun 13 1.99 1.97 2.03 3.18
Jun 14 2.03 1.99 2.06 3.46
Jun 15 2.09 2.06 2.12 2.52
Jun 16 2.08 2.06 2.11 2.24
Jun 17 2.03 2.01 2.07 2.90
Jun 18 1.97 1.94 1.99 2.50
Jun 19 1.96 1.94 2.01 3.68

Luminar Technologies Daily Price Targets


Luminar Technologies Stock Forecast 05-21-2024.

Forecast target price for 05-21-2024: $1.81.
Positive dynamics for Luminar Technologies shares will prevail with possible volatility of 2.936%.
Pessimistic target level: 1.80
Optimistic target level: 1.85

Luminar Technologies Stock Forecast 05-22-2024.

Forecast target price for 05-22-2024: $1.84.
Positive dynamics for Luminar Technologies shares will prevail with possible volatility of 2.673%.
Pessimistic target level: 1.83
Optimistic target level: 1.88

Luminar Technologies Stock Forecast 05-23-2024.

Forecast target price for 05-23-2024: $1.84.
Negative dynamics for Luminar Technologies shares will prevail with possible volatility of 2.822%.
Pessimistic target level: 1.81
Optimistic target level: 1.86

Luminar Technologies Stock Forecast 05-24-2024.

Forecast target price for 05-24-2024: $1.84.
Positive dynamics for Luminar Technologies shares will prevail with possible volatility of 2.247%.
Pessimistic target level: 1.83
Optimistic target level: 1.87

Luminar Technologies Stock Forecast 05-25-2024.

Forecast target price for 05-25-2024: $1.88.
Positive dynamics for Luminar Technologies shares will prevail with possible volatility of 3.235%.
Pessimistic target level: 1.85
Optimistic target level: 1.91

Luminar Technologies Stock Forecast 05-26-2024.

Forecast target price for 05-26-2024: $1.86.
Negative dynamics for Luminar Technologies shares will prevail with possible volatility of 2.041%.
Pessimistic target level: 1.85
Optimistic target level: 1.88

LAZR (LAZR) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 1.85 1.75 1.99 12.27
Jul. 2.02 1.87 2.11 11.58
Aug. 2.10 2.01 2.21 9.21
Sep. 2.03 1.89 2.19 13.98
Oct. 1.79 1.62 1.89 14.10
Nov. 1.81 1.74 1.87 7.40
Dec. 1.86 1.77 1.93 8.35

Luminar Technologies forecast for this year


Luminar Technologies Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $1.85003. Pessimistic: $1.75. Optimistic: $1.99


Luminar Technologies Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $2.01875. Pessimistic: $1.87. Optimistic: $2.11


Luminar Technologies Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $2.0987. Pessimistic: $2.01. Optimistic: $2.21


Luminar Technologies Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $2.02818. Pessimistic: $1.89. Optimistic: $2.19


Luminar Technologies Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $1.78967. Pessimistic: $1.62. Optimistic: $1.89


Luminar Technologies Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $1.80685. Pessimistic: $1.74. Optimistic: $1.87


Luminar Technologies Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $1.86322. Pessimistic: $1.77. Optimistic: $1.93



Luminar Technologies (LAZR) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 1.82 1.67 1.95 14.42
Feb 1.72 1.59 1.84 13.54
Mar 1.77 1.64 1.84 11.06
Apr 1.67 1.60 1.79 10.51
May 1.53 1.46 1.62 9.63
Jun 1.67 1.61 1.79 9.87
Jul 1.80 1.75 1.88 7.00
Aug 2.00 1.96 2.14 8.55
Sep 2.21 2.15 2.31 6.88
Oct 2.34 2.18 2.44 10.70
Nov 2.54 2.34 2.61 10.49
Dec 2.46 2.27 2.58 12.11

Luminar Technologies (LAZR) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 2.41 2.26 2.60 13.04
Feb 2.22 2.16 2.28 5.14
Mar 2.11 1.96 2.21 11.21
Apr 2.04 1.96 2.17 9.48
May 2.28 2.13 2.49 14.30
Jun 2.47 2.26 2.55 11.40
Jul 2.33 2.15 2.38 9.84
Aug 2.41 2.33 2.62 11.05
Sep 2.50 2.37 2.73 13.17
Oct 2.57 2.51 2.80 10.57
Nov 2.34 2.27 2.41 5.94
Dec 2.45 2.25 2.53 11.03

Luminar Technologies (LAZR) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 2.36 2.25 2.47 9.05
Feb 2.23 2.13 2.30 7.54
Mar 2.47 2.41 2.62 8.13
Apr 2.71 2.56 2.91 12.16
May 3.03 2.78 3.19 13.09
Jun 3.26 3.00 3.44 12.94
Jul 3.40 3.09 3.56 13.08
Aug 3.52 3.44 3.62 4.91
Sep 3.18 2.94 3.45 14.60
Oct 3.04 2.89 3.21 10.10
Nov 2.86 2.59 3.07 15.67
Dec 2.99 2.79 3.27 14.52

Luminar Technologies (LAZR) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 3.14 2.88 3.41 15.48
Feb 3.08 2.82 3.26 13.39
Mar 2.93 2.82 3.20 11.67
Apr 2.82 2.68 2.91 8.03
May 2.93 2.71 3.05 11.29
Jun 3.15 2.87 3.45 16.75
Jul 3.44 3.36 3.57 5.90
Aug 3.73 3.42 3.86 11.39
Sep 3.86 3.64 4.19 13.16
Oct 3.88 3.74 4.21 11.18
Nov 3.72 3.60 3.99 9.64
Dec 3.93 3.79 4.21 9.95

Luminar Technologies information and performance

Luminar Technologies Address

9800 WILSHIRE BLVD., BEVERLY HILLS, CA, US

Market Capitalization: 766 473 000 $

Market capitalization of the Luminar Technologies, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of LAZR shares in the company outstanding by the market price of one share.

EBITDA: -509 190 016 $

EBITDA of Luminar Technologies is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -1.37

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: 0.445
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 13.17

Enterprise Value (EV) /Revenue

EV To EBITDA: -1.751

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 348535000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.