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

Analyst price target for LAZR

Based on 4 analysts offering 12 month price targets for Luminar Technologies Inc.
Min Forecast
$1.50-35.62%
Avg Forecast
$3.00+28.76%
Max Forecast
$4.00+71.67%

Should I buy or sell LAZR stock?

Based on 4 analysts offering ratings for Luminar Technologies Inc.
Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
3 analysts 75%
Sell
0 analysts 0%
Strong Sell
1 analysts 25%

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%2024-02-29
lockedlocked$00.00+00.00%2024-02-29
lockedlocked$00.00+00.00%2024-02-28
lockedlocked$00.00+00.00%2024-01-17Find Out Why

1 of 1

Forecast return on equity

Is LAZR forecast to generate an efficient return?
Company
-125.77%
Industry
7.6%
Market
28.91%
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
55.17%
Industry
3.98%
LAZR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

LAZR revenue forecast

What is LAZR's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$177.6M+154.58%
Avg 2 year Forecast
$433.9M+521.76%
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
154.58%
Industry
8.64%
Market
37.89%
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$2.33$3.00+28.76%Sell
MNRO$33.36N/AN/A
ECX$2.57N/AN/A
AXL$6.87$7.70+12.08%Hold
SMP$31.09N/AN/A

Luminar Technologies Stock Forecast FAQ

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

The consensus among 4 Wall Street analysts covering (NASDAQ: LAZR) stock is to Sell LAZR stock.

Out of 4 analysts, 0 (0%) are recommending LAZR as a Strong Buy, 0 (0%) are recommending LAZR as a Buy, 3 (75%) are recommending LAZR as a Hold, 0 (0%) are recommending LAZR as a Sell, and 1 (25%) 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 revenue growth forecast for 2024-2025?

(NASDAQ: LAZR) Luminar Technologies's forecast annual revenue growth rate of 154.58% is forecast to beat the US Auto Parts industry's average forecast revenue growth rate of 8.64%, and it is also forecast to beat the US market's average forecast revenue growth rate of 37.89%.

Luminar Technologies's revenue in 2024 is $69,779,000.On average, 3 Wall Street analysts forecast LAZR's revenue for 2024 to be $74,944,504,420, with the lowest LAZR revenue forecast at $48,932,191,333, and the highest LAZR revenue forecast at $92,773,045,197.

In 2025, LAZR is forecast to generate $183,039,235,303 in revenue, with the lowest revenue forecast at $99,006,431,931 and the highest revenue forecast at $258,827,936,465.

What is LAZR's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: LAZR) forecast ROA is 55.17%, which is higher than the forecast US Auto Parts industry average of 3.98%.

What is LAZR's Price Target?

According to 4 Wall Street analysts that have issued a 1 year LAZR price target, the average LAZR price target is $3.00, with the highest LAZR stock price forecast at $4.00 and the lowest LAZR stock price forecast at $1.50.

On average, Wall Street analysts predict that Luminar Technologies's share price could reach $3.00 by Feb 28, 2025. The average Luminar Technologies stock price prediction forecasts a potential upside of 28.76% from the current LAZR share price of $2.33.

What is LAZR's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: LAZR) forecast ROE is -125.77%, which is considered weak.
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