WallStreetZenWallStreetZen

NASDAQ: LAZR
Luminar Technologies Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for LAZR

Based on 7 analysts offering 12 month price targets for Luminar Technologies Inc.
Min Forecast
$1.00+18.2%
Avg Forecast
$3.17+274.82%
Max Forecast
$6.00+609.22%

Should I buy or sell LAZR stock?

Based on 7 analysts offering ratings for Luminar Technologies Inc.
Buy
Strong Buy
3 analysts 42.86%
Buy
0 analysts 0%
Hold
2 analysts 28.57%
Sell
1 analysts 14.29%
Strong Sell
1 analysts 14.29%

Be the first to know when Wall Street analysts revise their LAZR stock forecasts and price targets.

LAZR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-09-10
lockedlocked$00.00+00.00%2024-08-19
lockedlocked$00.00+00.00%2024-08-16
lockedlocked$00.00+00.00%2024-08-07
lockedlocked$00.00+00.00%2024-08-07
Goldman Sachs
Top 2%
99
Strong SellMaintains$1.00+18.20%2024-07-11
Bank of America
Bottom 3%
3
SellDowngrades$1.20+41.84%2024-04-10

1 of 1

Forecast return on equity

Is LAZR forecast to generate an efficient return?
Insufficient data to display

Forecast return on assets

Is LAZR forecast to generate an efficient return on assets?
Company
-40.09%
Industry
8.89%
LAZR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

LAZR earnings per share forecast

What is LAZR's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
-$0.96
Avg 2 year Forecast
-$0.67
Avg 3 year Forecast
-$0.31

LAZR revenue forecast

What is LAZR's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$80.8M+5.69%
Avg 2 year Forecast
$141.5M+84.94%
Avg 3 year Forecast
$288.6M+277.29%
LAZR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

LAZR revenue growth forecast

How is LAZR forecast to perform vs Auto Parts companies and vs the US market?
Company
49.21%
Industry
3.74%
Market
8.33%
LAZR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
LAZR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

LAZR vs Auto Part Stocks

TickerPricePrice TargetUp/downsideConsensus
LAZR$0.85$3.17+274.82%Buy
HLLY$3.32$7.15+115.36%Strong Buy
SES$1.06$1.00-5.66%Sell
HYLN$2.10$2.00-4.76%Hold
SRI$12.55N/AN/A
View Top Auto Part Stocks

Luminar Technologies Stock Forecast FAQ

Is Luminar Technologies Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: LAZR) stock is to Buy LAZR stock.

Out of 7 analysts, 3 (42.86%) are recommending LAZR as a Strong Buy, 0 (0%) are recommending LAZR as a Buy, 2 (28.57%) are recommending LAZR as a Hold, 1 (14.29%) are recommending LAZR as a Sell, and 1 (14.29%) are recommending LAZR as a Strong Sell.

If you're new to stock investing, here's how to buy Luminar Technologies stock.

What is LAZR's earnings growth forecast for 2024-2026?

(NASDAQ: LAZR) Luminar Technologies's forecast annual earnings growth rate of N/A is not forecast to beat the US Auto Parts industry's average forecast earnings growth rate of 11.73%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.15%.

Luminar Technologies's earnings in 2024 is -$539,060,000.On average, 3 Wall Street analysts forecast LAZR's earnings for 2024 to be -$472,380,706, with the lowest LAZR earnings forecast at -$508,573,353, and the highest LAZR earnings forecast at -$429,571,667. On average, 3 Wall Street analysts forecast LAZR's earnings for 2025 to be -$329,190,150, with the lowest LAZR earnings forecast at -$395,008,430, and the highest LAZR earnings forecast at -$276,505,901.

In 2026, LAZR is forecast to generate -$153,065,766 in earnings, with the lowest earnings forecast at -$153,065,766 and the highest earnings forecast at -$153,065,766.

What is LAZR's revenue growth forecast for 2024-2026?

(NASDAQ: LAZR) Luminar Technologies's forecast annual revenue growth rate of 49.21% is forecast to beat the US Auto Parts industry's average forecast revenue growth rate of 3.74%, and it is also forecast to beat the US market's average forecast revenue growth rate of 8.33%.

Luminar Technologies's revenue in 2024 is $76,492,000.On average, 2 Wall Street analysts forecast LAZR's revenue for 2024 to be $39,919,058,135, with the lowest LAZR revenue forecast at $39,878,569,771, and the highest LAZR revenue forecast at $39,960,040,259. On average, 2 Wall Street analysts forecast LAZR's revenue for 2025 to be $69,850,328,127, with the lowest LAZR revenue forecast at $69,847,365,564, and the highest LAZR revenue forecast at $69,853,784,451.

In 2026, LAZR is forecast to generate $142,498,797,218 in revenue, with the lowest revenue forecast at $100,425,461,860 and the highest revenue forecast at $184,572,626,336.

What is LAZR's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: LAZR) forecast ROA is -40.09%, which is lower than the forecast US Auto Parts industry average of 8.89%.

What is LAZR's Price Target?

According to 7 Wall Street analysts that have issued a 1 year LAZR price target, the average LAZR price target is $3.17, with the highest LAZR stock price forecast at $6.00 and the lowest LAZR stock price forecast at $1.00.

On average, Wall Street analysts predict that Luminar Technologies's share price could reach $3.17 by Sep 10, 2025. The average Luminar Technologies stock price prediction forecasts a potential upside of 274.82% from the current LAZR share price of $0.85.

What is LAZR's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: LAZR) Luminar Technologies's current Earnings Per Share (EPS) is -$1.29. On average, analysts forecast that LAZR's EPS will be -$0.96 for 2024, with the lowest EPS forecast at -$1.03, and the highest EPS forecast at -$0.87. On average, analysts forecast that LAZR's EPS will be -$0.67 for 2025, with the lowest EPS forecast at -$0.80, and the highest EPS forecast at -$0.56. In 2026, LAZR's EPS is forecast to hit -$0.31 (min: -$0.31, max: -$0.31).

What is LAZR's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: LAZR) forecast ROE is N/A, which is considered weak.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.