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

Analyst price target for LAZR

Based on 5 analysts offering 12 month price targets for Luminar Technologies Inc.
Min Forecast
$4.50-33.23%
Avg Forecast
$12.10+79.53%
Max Forecast
$20.00+196.74%

Should I buy or sell LAZR stock?

Based on 5 analysts offering ratings for Luminar Technologies Inc.
Buy
Strong Buy
3 analysts 60%
Buy
0 analysts 0%
Hold
1 analysts 20%
Sell
0 analysts 0%
Strong Sell
1 analysts 20%

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LAZR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Bottom 1%
1
Strong BuyMaintains$18.00+167.06%2023-05-16
Rosenblatt
Top 1%
100
HoldMaintains$6.00-10.98%2023-05-10
Jefferies
Top 2%
99
Strong BuyAssumes$12.00+78.04%2023-04-25
Goldman Sachs
Top 5%
96
Strong SellMaintains$4.50-33.23%2023-04-13
JP Morgan
Top 5%
96
Strong BuyMaintains$20.00+196.74%2023-03-07Find out why

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Forecast return on equity

Is LAZR forecast to generate an efficient return?
Company
-307.52%
Industry
13.86%
Market
89.83%
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
38.43%
Industry
4.65%
LAZR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

LAZR revenue growth forecast

How is LAZR forecast to perform vs Software - Application companies and vs the US market?
Company
194.52%
Industry
16.72%
Market
8.87%
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$6.74$12.10+79.53%Buy
ALRM$50.56$54.00+6.80%Hold
PRGS$60.02$62.60+4.30%Strong Buy
ECX$7.85$10.00+27.39%Strong Buy
FROG$23.97$26.78+11.71%Strong Buy

Luminar Technologies Stock Forecast FAQ

Is Luminar Technologies Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: LAZR) stock is to Buy LAZR stock.

Out of 5 analysts, 3 (60%) are recommending LAZR as a Strong Buy, 0 (0%) are recommending LAZR as a Buy, 1 (20%) are recommending LAZR as a Hold, 0 (0%) are recommending LAZR as a Sell, and 1 (20%) 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 forecast return on equity (ROE) for 2023-2025?

(NASDAQ: LAZR) forecast ROE is -307.52%, which is considered weak.

What is LAZR's Price Target?

According to 5 Wall Street analysts that have issued a 1 year LAZR price target, the average LAZR price target is $12.10, with the highest LAZR stock price forecast at $20.00 and the lowest LAZR stock price forecast at $4.50.

On average, Wall Street analysts predict that Luminar Technologies's share price could reach $12.10 by May 16, 2024. The average Luminar Technologies stock price prediction forecasts a potential upside of 79.53% from the current LAZR share price of $6.74.

What is LAZR's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: LAZR) forecast ROA is 38.43%, which is higher than the forecast US Software - Application industry average of 4.65%.
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