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

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Analyst price target for LAZR

Based on 11 analysts offering 12 month price targets for Luminar Technologies Inc.
Min Forecast
$8.00+4.44%
Avg Forecast
$16.55+115.99%
Max Forecast
$30.00+291.64%

Should I buy or sell LAZR stock?

Based on 11 analysts offering ratings for Luminar Technologies Inc.
Buy
Strong Buy
4 analysts 36.36%
Buy
2 analysts 18.18%
Hold
5 analysts 45.45%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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LAZR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Top 8%
93
HoldMaintains$8.00+4.44%2022-11-04
WestPark Capital
Bottom 10%
10
Strong BuyInitiates Coverage On$14.00+82.77%2022-11-02
Rosenblatt
Top 4%
97
HoldInitiates Coverage On$8.00+4.44%2022-10-25
Berenberg
Top 43%
58
HoldAssumes$8.00+4.44%2022-09-28
Northland Securities
Bottom 17%
17
HoldDowngrades$10.00+30.55%2022-09-22
JP Morgan
Top 6%
95
Strong BuyInitiates Coverage On$30.00+291.64%2022-09-20
Anonymous
Goldman Sachs
HoldMaintains$9.00+17.49%2022-06-01
Citigroup
Bottom 6%
6
Strong BuyMaintains$24.00+213.32%2022-05-06
Credit Suisse
Top 27%
74
BuyInitiates Coverage On$22.00+187.21%2022-04-14
SMBC Nikko
Bottom 38%
38
HoldInitiates Coverage On$16.00+108.88%2022-03-29

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Forecast return on equity

Is LAZR forecast to generate an efficient return?
Company
565.75%
Industry
19.35%
Market
64.64%
LAZR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is LAZR forecast to generate an efficient return on assets?
Company
32.73%
Industry
5.7%
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 4 analysts?
Avg 1 year Forecast
-$1.12
Avg 2 year Forecast
-$0.97
Avg 3 year Forecast
$0.05

LAZR revenue forecast

What is LAZR's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$43.3M+3.26%
Avg 2 year Forecast
$112.8M+169.09%
Avg 3 year Forecast
$365.4M+771.84%
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 Software - Application companies and vs the US market?
Company
97.55%
Industry
14.18%
Market
6.8%
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 App Stocks

TickerPricePrice TargetUp/downsideConsensus
LAZR$7.66$16.55+115.99%Buy
DUOL$69.67$105.00+50.71%Buy
ESMT$16.97$26.40+55.57%Strong Buy
CVT$5.60$8.25+47.32%Buy
NCNO$26.12$43.44+66.32%Strong Buy

Luminar Technologies Stock Forecast FAQ

Is Luminar Technologies Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NASDAQ: LAZR) stock is to Buy LAZR stock.

Out of 11 analysts, 4 (36.36%) are recommending LAZR as a Strong Buy, 2 (18.18%) are recommending LAZR as a Buy, 5 (45.45%) are recommending LAZR as a Hold, 0 (0%) are recommending LAZR as a Sell, and 0 (0%) 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 2022-2024?

(NASDAQ: LAZR) Luminar Technologies's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 24.43%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.59%.

Luminar Technologies's earnings in 2022 is -$375,015,000.On average, 4 Wall Street analysts forecast LAZR's earnings for 2022 to be -$406,288,793, with the lowest LAZR earnings forecast at -$420,799,107, and the highest LAZR earnings forecast at -$384,523,322. On average, 4 Wall Street analysts forecast LAZR's earnings for 2023 to be -$351,875,115, with the lowest LAZR earnings forecast at -$428,054,264, and the highest LAZR earnings forecast at -$246,675,339.

In 2024, LAZR is forecast to generate $18,137,893 in earnings, with the lowest earnings forecast at -$3,627,579 and the highest earnings forecast at $36,275,785.

What is LAZR's revenue growth forecast for 2022-2024?

(NASDAQ: LAZR) Luminar Technologies's forecast annual revenue growth rate of 97.55% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 14.18%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.8%.

Luminar Technologies's revenue in 2022 is $41,916,000.On average, 3 Wall Street analysts forecast LAZR's revenue for 2022 to be $15,701,248,065, with the lowest LAZR revenue forecast at $15,417,208,668, and the highest LAZR revenue forecast at $16,088,310,692. On average, 3 Wall Street analysts forecast LAZR's revenue for 2023 to be $40,915,458,014, with the lowest LAZR revenue forecast at $28,295,112,378, and the highest LAZR revenue forecast at $48,381,014,588.

In 2024, LAZR is forecast to generate $132,566,229,069 in revenue, with the lowest revenue forecast at $125,151,458,595 and the highest revenue forecast at $139,980,999,544.

What is LAZR's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: LAZR) forecast ROA is 32.73%, which is higher than the forecast US Software - Application industry average of 5.7%.

What is LAZR's Price Target?

According to 11 Wall Street analysts that have issued a 1 year LAZR price target, the average LAZR price target is $16.55, with the highest LAZR stock price forecast at $30.00 and the lowest LAZR stock price forecast at $8.00.

On average, Wall Street analysts predict that Luminar Technologies's share price could reach $16.55 by Nov 4, 2023. The average Luminar Technologies stock price prediction forecasts a potential upside of 115.99% from the current LAZR share price of $7.66.

What is LAZR's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: LAZR) Luminar Technologies's current Earnings Per Share (EPS) is -$1.06. On average, analysts forecast that LAZR's EPS will be -$1.12 for 2022, with the lowest EPS forecast at -$1.16, and the highest EPS forecast at -$1.06. On average, analysts forecast that LAZR's EPS will be -$0.97 for 2023, with the lowest EPS forecast at -$1.18, and the highest EPS forecast at -$0.68. In 2024, LAZR's EPS is forecast to hit $0.05 (min: -$0.01, max: $0.10).

What is LAZR's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: LAZR) forecast ROE is 565.75%, which is considered strong.
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