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: April 19, 2024 (05:46)

Sector: Technology

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

Latest session on the 18th of April for
Luminar Technologies, Inc. is positive
Trading Volume: 7555507
Open: 1.25 /  High: 1.38 /  Low: 1.21
What analysts predict: $5.05
52-week High/Low: $8.32 / $1.235

50/200 Day Moving Average: $2.145 / $3.878

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

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.

Review the original Analysis
About author

Unlocking the Future: Predicting LAZR Stock Movement

Trend: Strong Bullish
Apr 10, 2024

Investors and analysts are closely monitoring Luminar Technologies (LAZR), a key player in the burgeoning Lidar technology sector, to predict future stock movements accurately. Three primary factors stand to shape the trajectory of LAZR stocks in the near future, making them pivotal points for analysts aiming to forecast the company's financial health and market position. Understanding these components can help demystify the often-volatile stock price prediction process for LAZR, considered by many as a potentially lucrative but challenging investment.

The Triad Influencing LAZR Stock Predictions

The first and most significant factor is the launch of production programs and vehicle integration, particularly the spotlight on the Volvo EX90’s integration of Luminar’s Lidar technology. Success in this area is not just a proof of concept but a testament to LAZR's potential for market dominance and scalability. Secondly, the quarterly financial performance of Luminar Technologies is a critical indicator of its capability to meet revenue targets and operational milestones, directly influencing the LAZR stock forecast. Lastly, the conversion of Luminar’s bulky $3.8 billion order book into tangible sales will offer a clear sign of the company’s growth trajectory and financial stability, thereby impacting LAZR stock price predictions.

In leveraging these insights, analysts can make informed predictions about LAZR stocks, advising on whether LAZR is a good stock to buy, hold, or sell. The interplay between these factors will dictate the future price movements of LAZR stock, hence understanding their implications is key for anyone looking to navigate the Luminar Technologies stock forecast, be it for identifying the LAZR stock price target or evaluating if LAZR stock down turns present buying opportunities.

Investors eyeing the LAZR stock forecast will find these insights invaluable not only for navigating the current landscape but also for aligning their investment strategies with the anticipated shifts in Luminar Technologies' market valuation and operational success.

Review the original Analysis
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., %
Apr 21 1.26 1.23 1.29 4.76
Apr 22 1.25 1.24 1.27 2.27
Apr 23 1.23 1.21 1.24 2.34
Apr 24 1.24 1.21 1.26 4.18
Apr 25 1.26 1.24 1.28 2.97
Apr 26 1.30 1.27 1.31 2.75
Apr 27 1.28 1.26 1.29 2.22
Apr 28 1.28 1.25 1.29 3.19
Apr 29 1.28 1.25 1.30 4.15
Apr 30 1.26 1.23 1.28 3.74
May 01 1.26 1.24 1.29 3.87
May 02 1.27 1.25 1.30 3.75
May 03 1.30 1.28 1.31 2.66
May 04 1.30 1.29 1.33 2.91
May 05 1.31 1.29 1.33 2.67
May 06 1.30 1.29 1.33 3.46
May 07 1.31 1.31 1.33 1.93
May 08 1.31 1.29 1.32 2.26
May 09 1.30 1.28 1.32 3.49
May 10 1.29 1.27 1.31 2.87
May 11 1.31 1.28 1.33 3.47
May 12 1.31 1.30 1.33 1.84
May 13 1.34 1.32 1.35 2.97
May 14 1.37 1.34 1.40 4.58
May 15 1.36 1.33 1.37 2.65
May 16 1.38 1.37 1.40 2.19
May 17 1.38 1.35 1.40 4.01
May 18 1.36 1.32 1.38 4.43
May 19 1.37 1.36 1.40 2.39
May 20 1.38 1.37 1.39 1.87

Luminar Technologies Daily Price Targets


Luminar Technologies Stock Forecast 04-21-2024.

Forecast target price for 04-21-2024: $1.26.
Negative dynamics for Luminar Technologies shares will prevail with possible volatility of 4.546%.
Pessimistic target level: 1.23
Optimistic target level: 1.29

Luminar Technologies Stock Forecast 04-22-2024.

Forecast target price for 04-22-2024: $1.25.
Negative dynamics for Luminar Technologies shares will prevail with possible volatility of 2.215%.
Pessimistic target level: 1.24
Optimistic target level: 1.27

Luminar Technologies Stock Forecast 04-23-2024.

Forecast target price for 04-23-2024: $1.23.
Negative dynamics for Luminar Technologies shares will prevail with possible volatility of 2.288%.
Pessimistic target level: 1.21
Optimistic target level: 1.24

Luminar Technologies Stock Forecast 04-24-2024.

Forecast target price for 04-24-2024: $1.24.
Positive dynamics for Luminar Technologies shares will prevail with possible volatility of 4.008%.
Pessimistic target level: 1.21
Optimistic target level: 1.26

Luminar Technologies Stock Forecast 04-25-2024.

Forecast target price for 04-25-2024: $1.26.
Positive dynamics for Luminar Technologies shares will prevail with possible volatility of 2.884%.
Pessimistic target level: 1.24
Optimistic target level: 1.28

Luminar Technologies Stock Forecast 04-26-2024.

Forecast target price for 04-26-2024: $1.30.
Positive dynamics for Luminar Technologies shares will prevail with possible volatility of 2.680%.
Pessimistic target level: 1.27
Optimistic target level: 1.31

LAZR (LAZR) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 1.35 1.23 1.40 12.55
Jun. 1.37 1.24 1.45 14.28
Jul. 1.35 1.27 1.39 8.31
Aug. 1.29 1.21 1.32 8.30
Sep. 1.27 1.22 1.34 8.97
Oct. 1.37 1.26 1.44 12.54
Nov. 1.43 1.30 1.53 14.75
Dec. 1.42 1.30 1.46 11.09

Luminar Technologies forecast for this year


Luminar Technologies Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $1.34596. Pessimistic: $1.23. Optimistic: $1.40


Luminar Technologies Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $1.36857. Pessimistic: $1.24. Optimistic: $1.45


Luminar Technologies Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $1.35215. Pessimistic: $1.27. Optimistic: $1.39


Luminar Technologies Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $1.28887. Pessimistic: $1.21. Optimistic: $1.32


Luminar Technologies Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $1.27186. Pessimistic: $1.22. Optimistic: $1.34


Luminar Technologies Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $1.37106. Pessimistic: $1.26. Optimistic: $1.44


Luminar Technologies Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $1.43194. Pessimistic: $1.30. Optimistic: $1.53


Luminar Technologies Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $1.42163. Pessimistic: $1.30. Optimistic: $1.46



Luminar Technologies (LAZR) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 1.51 1.44 1.57 8.26
Feb 1.55 1.46 1.62 10.01
Mar 1.46 1.33 1.55 14.12
Apr 1.50 1.38 1.56 11.53
May 1.58 1.49 1.69 11.48
Jun 1.59 1.49 1.73 13.95
Jul 1.68 1.63 1.82 10.38
Aug 1.84 1.74 1.90 8.26
Sep 1.95 1.77 2.12 16.33
Oct 1.97 1.83 2.03 9.67
Nov 1.95 1.89 2.13 10.97
Dec 1.72 1.57 1.83 14.26

Luminar Technologies (LAZR) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 1.57 1.43 1.63 12.28
Feb 1.53 1.40 1.62 13.60
Mar 1.35 1.23 1.41 12.47
Apr 1.34 1.29 1.42 8.84
May 1.32 1.29 1.44 10.49
Jun 1.35 1.24 1.43 13.64
Jul 1.32 1.25 1.39 9.79
Aug 1.29 1.17 1.41 16.66
Sep 1.15 1.09 1.21 9.59
Oct 1.21 1.10 1.32 16.03
Nov 1.15 1.08 1.22 11.31
Dec 1.16 1.12 1.23 8.31

Luminar Technologies (LAZR) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 1.12 1.04 1.22 14.96
Feb 1.18 1.10 1.25 12.37
Mar 1.17 1.13 1.25 9.13
Apr 1.19 1.13 1.29 12.73
May 1.29 1.18 1.37 13.23
Jun 1.29 1.22 1.39 12.08
Jul 1.24 1.12 1.33 15.86
Aug 1.25 1.16 1.31 11.37
Sep 1.30 1.24 1.34 7.34
Oct 1.31 1.25 1.36 7.96
Nov 1.37 1.28 1.43 10.58
Dec 1.52 1.38 1.59 13.31

Luminar Technologies (LAZR) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 1.67 1.53 1.75 12.64
Feb 1.83 1.69 1.90 10.98
Mar 1.91 1.83 1.99 8.27
Apr 2.07 1.95 2.24 12.74
May 2.18 1.97 2.31 14.52
Jun 2.16 2.04 2.33 12.37
Jul 2.07 1.88 2.18 13.91
Aug 1.91 1.76 2.06 14.47
Sep 1.97 1.80 2.03 11.48
Oct 2.05 1.92 2.24 14.28
Nov 2.01 1.92 2.12 9.68
Dec 2.03 1.86 2.13 12.51

Luminar Technologies information and performance

Luminar Technologies Address

9800 WILSHIRE BLVD., BEVERLY HILLS, CA, US

Market Capitalization: 563 219 000 $

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: -530 395 008 $

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: -1.47

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: 0.988
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: 324799000

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.