luminar technologies stock


5 Wall Street analysts have issued ratings and price targets for Luminar Technologies in the last 12 months. After going live Thursday morning, shares rose more than 30%. The high price target for LAZR is $41.00 and the low price target for LAZR is $30.00. The company also provides a software that integrates … Image source: Luminar Technologies. Too late to buy Luminar Technologies stock ( LAZR stock ) after the reverse merger with gores metropoulos? Luminar Technologies Stock Price . The acquisition turned Luminar into a public company, with the combined entity retaining the Luminar Technologies name. Shares opened at $23.65 and gave the company a valuation of about $7 billion. Article printed from InvestorPlace Media, https://investorplace.com/2020/12/lazr-stock-trades-at-an-absurd-348-times-2021-estimated-revenue/. Luminar CEO and co-founder Austin Russell is poised to become a billionaire at 25 when his autonomous driving technology company Luminar goes public on Thursday. Real-Time Alerts for Volume Breakouts, Highs and Lows for NYSE, NASDAQ, Amex, OTC Markets and OTCBB. The acquisition turned Luminar into a public company, with the combined entity retaining the Luminar Technologies name. Even for 2021, when revenues are forecast at $25.75 million, the stock is at 348 times revenue. Skip to content. SPAC Brings Luminar Technologies Stock. Lidar – a … Luminar's stock price took a dive last Tuesday after a Reuters report suggested that key partner Mobileye might develop its own lidar units in-house, for use starting in 2025. Get today's Luminar Technologies stock price and latest LAZR news as well as Luminar Tech real-time stock quotes, technical analysis, full financials and more. Minimum 15 minutes delayed. Copyright © 2021 InvestorPlace Media, LLC. Luminar is a breakout autonomous vehicle sensor company that came out of stealth after five years in development. About Luminar Stock. Nasdaq LAZR stock still has a lot of volatility … Luminar Technologies Inc had a pretty favorable run when it comes to the market performance. On the date of publication, Mark R. Hake held a long position in Tesla stock. The Investor Relations website contains information about Luminar Technologies, Inc's business for stockholders, potential investors, and financial analysts. On December 3, Luminar Technologies, a company that manufactures automotive LiDAR technology, went public through a merger with special purpose acquisition company (SPAC) Gores Metropoulos. Level 1 Starter. The combined company will retain the Luminar Technologies, Inc. name and will commence trading on Nasdaq under the new ticker symbol “LAZR” on December 3, 2020. Its stock is now available on the NASDAQ until the ticker symbol LAZR. Find the stock by name or ticker symbol: LAZR. LAZR: Get the latest Luminar Technologies stock price and detailed information including LAZR news, historical charts and realtime prices. The same is true for investors already in the stock. Share your opinion and gain insight from other stock traders and investors. Get the latest Luminar Technologies Inc (LAZR) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Since then, it has dropped more than a third as the glow on the merger has faded. Jan 12, 2021 Event Details. Stock Advisor launched in February of 2002. Find the latest Luminar Technologies, Inc. (LAZR) stock discussion in Yahoo Finance's forum. Avoid it. Legal Name Luminar Technologies, Inc. Stock Symbol NASDAQ:LAZR ; Company Type For Profit; Contact Email hello@luminartech.com; Founded in 2012 by CEO Austin Russell, Luminar is the leading autonomous vehicle and lidar technology company for consumer cars and trucking. Get the latest LAZR: Luminar Technologies, Inc. detailed stock quotes, stock data, Real-Time ECN, charts, stats and more.. The Investor Relations website contains information about Luminar Technologies, Inc's business for stockholders, potential investors, and financial analysts. Luminar Technologies Inc. shares rallied nearly 40% Friday, doubling in its two days as a public company following a merger with a blank-check company. That would be a further drop of $7.62 per share or 28% in Luminar’s price. You face a choice of either average cost buying it at a lower price or selling it now. Get today's Luminar Technologies stock price and latest LAZR news as well as Luminar Tech real-time stock quotes, technical analysis, full financials and more. SPAC IPOs are the new trend for 2020. But Velodyne Lidar will make $101 million in revenue this year. Recent Event. Search for Luminar Technologies. Buy immediately with a market order or use a limit order to delay your purchase until Luminar Technologies reaches your desired price. Change. On December 3, 2020, Luminar Technologies, a company that manufactures automotive LiDAR technology, went public through a merger with special purpose acquisition company (SPAC) Gores Metropoulos. Returns as of 01/10/2021. Greeting Investors! Monthly Subscription. The Luminar Technologies IPO brings another company that’s promising it’s a part of the future of the auto industry. According to present data Luminar Technologies Inc - Class A's LAZR shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Moreover, in 2021, Velodyne will make $151 million in 2021. There really is only one thing most investors can do with LAZR stock. This is similar to what Citron Research recently tweeted about LAZR stock. Gores Metropoulos will give $400 million cash from its IPO. Considering analysts have assigned the stock a price target range of $30-$41 as the low and high respectively, we find the trailing 12-month average consensus price target to be $36. About Luminar Stock. However, LAZR stock is simply valued too high right now for most investors. On average, they anticipate Luminar Technologies' stock price to reach $37.60 in the next twelve months. They implied that the stock would fall to $20. Luminar Technologies will likely be a winner, but the share price is too high. All rights reserved. Mark Hake runs the Total Yield Value Guide which you can review here. Stock analysis for Luminar Technologies Inc (LAZR:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Research its history to confirm it's a solid investment against your financial goals. Luminar Technologies Inc. LAZR, -5.92% shares rallied nearly 40% Friday, doubling in its two days as a public company following a merger with a blank-check company. Free trial. Mobileye and NIO signed a strategic partnership agreement in November 2019. Tesla is a major player. Too late to buy Luminar Technologies stock ( LAZR stock ) after the reverse merger with gores metropoulos? All rights reserved. That’s revenue, not earnings. Monthly Subscription. LAZR stock is overvalued but is a leading company in an emerging market By Chris Markoch Dec … Luminar Technologies, Inc. Class A Common Stock (LAZR) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. J.P. Morgan Tech/Auto Forum at CES 2021. Find the latest Luminar Technologies, Inc. (LAZR) stock discussions in Yahoo Finance's forum. Find the latest Luminar Technologies, Inc. (LAZR) stock quote, history, news and other vital information to help you with your stock trading and investing. Get Luminar Technologies Inc (LAZR:NASDAQ) real-time stock quotes, news and financial information from CNBC. Price. Luminar certainly has other clients, including the heavy-truck unit of Mercedes-Benz parent Daimler AG, and Volvo Cars (owned by China's Geely Automobile Holdings), which expects to incorporate hardware and software from Luminar into some of its vehicles starting in 2022. Luminar Technologies, Inc. (NASDAQ:LAZR)’s traded shares stood at 4,775,010 during the last session, with the company’s beta value hitting 0. Moreover, if we compare this with a similar company, Velodyne Lidar (NASDAQ:VLDR), the LAZR stock valuation seems absurd. This suggests a possible upside of 17.3% from the stock's current price. Further, Luminar Technologies (LAZR) has a beta value of 0, and an average true range (ATR) of 3.86. 31.20 0.53 (1.73%) Upgrade to Real-Time Premarket . Luminar is an automotive lidar technology maker for autonomous driving and electric vehicles. Nevertheless, LAZR stock trades for 588 times its forecast revenue of $15.2 million in 2020. Purchase now or later. Luminar Technologies is used by seven of the top 1o global automakers for auto self-driving technology. Stock analysis for Luminar Technologies Inc (LAZR:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Luminar Technologies Inc - Class A share forecasts, stock quote and buy / sell signals below. So at this level for price-to-sales, the valuation is simply out-of-control. for only . LAZR stock is at 348 times 2021 revenue, an absurd valuation. View LAZR: Luminar Technologies, Inc.investment & stock information. And like many others investors saw this year, the company chose to offer Luminar Technologies stock through a SPAC IPO. The consensus among Wall Street equities research analysts is that investors should "buy" Luminar Technologies stock. 5 Wall Street analysts have issued ratings and price targets for Luminar Technologies in the last 12 months. Palo Alto, Calif.,-based Luminar… Did Elon Musk Tweet Have Investors Piling Into SIGL Stock? 5 brokerages have issued 1 year price targets for Luminar Technologies' stock. Click here now. Shares of newly public lidar-sensor maker Luminar Technologies (NASDAQ:LAZR) fell sharply on Tuesday afternoon after Reuters reported that one of its key clients may choose to build its own lidar units instead of buying Luminar's. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Why Luminar Technologies' Stock Spiked Today Some photos of a Tesla set off a rally. Luminar Technologies (NASDAQ:LAZR) went public today following a deal with special purpose acquisition company (SPAC) Gores Metropoulos. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Luminar Technologies Inc - Class A share forecasts, stock quote and buy / sell signals below. Luminar Technologies, Inc. develops and manufactures LiDAR based sensors for vehicles. Elon Musk says it is too expensive and unnecessary. Reminds Stockholders to Vote in Favor of the Business Combination With Luminar Technologies, Inc. Nov 24, 2020 Luminar Accelerates Commercial Momentum With … 3 Key Things for Investors to Watch Ahead of Nio Day >>>, Weeks After Luminar Technologies SPAC, Its LAZR Stock Is Valued Too High, top 1o global automakers for auto self-driving technology, clarified details of a deal they announced on Nov. 20, 2020, 588 times its forecast revenue of $15.2 million in 2020, a “crutch” and cameras will allow their cars to see through even adverse weather situations, 7 Top Tech Dividend Stocks Worth Taking a Chance On, Louis Navellier and the InvestorPlace Research Staff, 3 Megatrends (and 9 Stocks) to Buy for the ‘Blue Wave’. Gores Metropoulos, Inc. LAZR: Get the latest Luminar Technologies stock price and detailed information including LAZR news, historical charts and realtime prices. Market data powered by FactSet and Web Financial Group. Luminar Technologies, Inc. (NASDAQ:LAZR)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 4.65. Luminar Technologies (NASDAQ:LAZR) price on Thursday, Dec 10, dropped -7.45% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $34.17. Tesla’s EVs rely on cameras and other detection technology such as radar, GPS, maps and ultrasonic technology. Luminar Technologies, Inc. is producing advanced sensor technologies for the autonomous vehicle industry. Find real-time LAZR - Luminar Technologies Inc stock quotes, company profile, news and forecasts from CNN Business. It offers Iris, a sensor system that increases the visibility of vehicle drivers, as well as allows reacting safely at highway speeds. Lidar, which stands for “light detection and radar,” uses a laser to detect distance by measuring the laser light reflected off of objects. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Luminar Technologies Stock is Down Sharply Today @themotleyfool #stocks $LAZR $INTC $NIO, Why Luminar Technologies' Stock Spiked Today, Thank These 3 Red-Hot Auto Stocks for Helping Save the Stock Market on Monday, Why Luminar Technologies' Stock Is Higher Today, Luminar Rebuts Mobileye Rumors; Tilray Does Deal as Nasdaq Inches Higher, Copyright, Trademark and Patent Information. Luminar Technologies, Inc. (LAZR) Stock Price: $29.88 USD-1.46 (-4.66%) Updated January 5, 1:57 PM EST - Market open. Here is why. While Mobileye and Intel will supply key components, the vehicles themselves will be manufactured by Chinese electric-vehicle maker NIO (NYSE:NIO). For example, since its Dec. 2 merger closing, LAZR stock … Reuters reported that the CEO of Intel (NASDAQ:INTC) subsidiary Mobileye, which is developing a new self-driving car system that it expects to launch in 2025, said that the company is considering developing its own lidar sensor in-house. Lidar sensors use lasers to make 3-D representations of objects. John has been writing about the auto business and investing for over 20 years, and for The Motley Fool since 2007. Stock Performance. John Rosevear (TMFMarlowe) Dec 15, 2020 at 3:03PM Author Bio. Luminar listed on Nasdaq as “LAZR” Luminar and Gores Metropoulos, Inc. announced the completion of their previously announced business combination. for only. Its stock is now available on the Nasdaq until the ticker symbol … It built its LiDAR systems from scratch. Compare that to Luminar’s $15.2 revenue forecast. For example, Luminar Technologies has a market capitalization of almost $9 billion. Jan 12, 2021 at 5:10 PM EST Event Details. Free trial. Just weeks after Luminar Technologies (NASDAQ:LAZR) closed its merger with a SPAC (special purpose acquisition company) called Gores Metropoulos,  there is every reason to believe the shares will do well. Driving Autonomy, a CES Week Series hosted by Luminar. And the stock price increased by 26.67%. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. VLDR stock has a market cap of just $3.39 billion, which is less than half of LAZR stock. Goldman Sachs Tech & Internet Conference. Luminar will also get $170 million from institutional investors such as Peter Thiel, Alec Gores, Volvo Cars Tech Fund and VectoIQ, which merged with Nikola in June. All would not be lost, in other words -- but it would be a blow to the newly public company. That could happen if other companies follow Tesla’s lead in avoiding lidar technology. That is almost six times as high as Luminar’s forecast of $25.75 million. The latest Luminar Technologies Inc USD0.0001 A share price. At the close of trading, the stock’s price was $30.67, to imply an increase of 2.06% or $0.62 in intraday trading. John Rosevear is the senior auto specialist for Fool.com. Any avoidance of lidar technology could be deleterious for LAZR stock. What stocks does MarketBeat like better than Luminar Technologies? The 1-year high price for the company’s stock is recorded $47.80 on 12/08/20, with the lowest value was $9.45 for the same time period, recorded on 03/19/20. Stocks; IPOs; News; Actions; Blog; Search Home » Stocks » LAZR » Statistics. LAZR Stock Price Increases 27.67% In Debut, Makes 25-Year-Old Austin Russell Youngest Billionaire. $67.09. Mobileye is planning to launch Level 4 driverless taxi fleets in several cities around the world, including Tel Aviv, Dubai, Paris, and Daegu, South Korea. V elodyne Lidar (NASDAQ: VLDR) and Luminar Technologies (NASDAQ: LAZR), two companies that specialize in lidar technology, went public this year. Other stocks mentioned: GMHI, GMHIU. Luminar Stock. Get Luminar Technologies Inc (LAZR:NASDAQ) real-time stock quotes, news and financial information from CNBC. Follow LAZR. Luminar Technologies Inc shares rose more than 30% after it began trading as a public company on Thursday, making it the second Silicon Valley … Considering analysts have assigned the stock a price target range of $30-$41 as the low and high respectively, we find the trailing 12-month average consensus price target to be $36. Share your opinion and gain insight from other stock traders and investors. Copyright © 1125 N. Charles St, Baltimore, MD 21201. Luminar Technologies, Inc. (NASDAQ:LAZR)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 4.65. As a result, Luminar Technologies stock started trading. The Florida-based firm — which he founded when he was just 17 — … News and Events. Luminar Technologies, Inc. Class A Common Stock (LAZR) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Therefore, either VLDR stock is way too cheap or LAZR stock is overvalued. John Rosevear (TMFMarlowe) Dec 29, 2020 at 12:01PM Author … Luminar Technologies, Inc. is producing advanced sensor technologies for the autonomous vehicle industry. Data Provided by Refinitiv. 2021 InvestorPlace Media, LLC. Is the Honeymoon Over For Luminar Technologies? The reason is you can always buy more shares at a lower price if you think it is a worthwhile investment. 1125 N. Charles St, Baltimore, MD 21201. Detailed cash flow statements for Luminar Technologies stock (LAZR), including operating cash flow, capex and free cash flow. Current Luminar investors will receive about 272 million shares of Gores Metropoulos common stock at closing. In November, Mobileye said that it had selected Luminar to supply its lidar units starting in 2022; that deal has contributed to high investor interest in the shares of Luminar, which went public following a merger with a special-purpose acquisition company earlier this month. Luminar Technologies CEO Austin Russell, 25, secured a hefty fortune after his company’s stock market debut this week. Their average twelve-month price target is $37.60, predicting that the stock has a possible upside of 22.60%. quotes delayed at least 15 minutes, all others at least 20 minutes. That assumption has now been called into question, which is why the stock fell on Tuesday afternoon. The best thing would be to wait until there is at least some form of bargain element at a lower price. Luminar is a breakout autonomous vehicle sensor company that came out of stealth after five years in development. Luminar's lidar sensors are designed to be easily integrated into mass-produced vehicles. $52.04. I suspect the latter, especially since both companies are growing their revenues quickly. Their forecasts range from $30.00 to $41.00. Signal Stock Confusion? The takeaway here is that if -- if -- the Mobileye deal falls through, Luminar still has a couple of other significant deals in place, and is currently negotiating to win more. It is simply too expensive. Shares of leading lidar-sensor maker Luminar Technologies (NASDAQ:LAZR) were up almost 89% in December. Recent Event. The 1-year high price for the company’s stock is recorded $47.80 on 12/08/20, with the lowest value was $9.45 for the same time period, recorded on 03/19/20. Luminar Stock. Ethereum Price Prediction 2021: 5 ETH Experts Share Their Outlook, 3 Crypto Mining Stocks Set to Benefit From Bitcoin’s Record. LAZR stock acting very well, but 10 Bln Market Cap is too high! Their average twelve-month price target is $37.60, predicting that the stock has a possible upside of 22.60%. Luminar Technologies Inc had a pretty favorable run when it comes to the market performance. The acquisition turned Luminar into a public company, with the combined entity retaining the Luminar Technologies name. This number would too high even for a price-to-earnings (P/E) ratio. Luminar Technologies is a driverless car startup company that was founded by CEO Austin Russell in 2012. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Luminar Technologies Inc - Warrants (02/12/2025) share forecasts, stock quote and buy / sell signals below. Recent Event . For example, since its Dec. 2 merger closing, LAZR stock has increased more than 53% from $18 to $27.62 as of Dec. 18. Luminar Technologies market cap is $11.4 b.. View Luminar Technologies stock / share price, financial statements, key ratios and more at Craft. That compares with forecast sales of just $25.75 million in 2021. This followed nearly two years of working together at the development stage. 10 Best Stocks For 2021: After An Unprecedented Year, What’s Next. Moreover, recently Mobileye, an Intel (NASDAQ:INTC) company that specializes in assisted driving technology, clarified details of a deal they announced on Nov. 20, 2020. Detailed statistics for Luminar Technologies (LAZR) stock, including valuation metrics, financial numbers, share information and more. Luminar is an automotive lidar technology maker for autonomous driving and electric vehicles. Founder Russell, a It built its LiDAR systems from scratch. Can I buy Luminar Technologies stocks from Canada? Analysts have given the company’s stock an average 52-week price target of $41, forecast between a low of $41 and high of $41. Find real-time LAZR - Luminar Technologies Inc stock quotes, company profile, news and forecasts from CNN Business. Investors in LAZR stock should take this into consideration. View recent trades and share price information for Luminar Technologies Inc USD0.0001 A Big Cap Pro. Why Luminar Technologies Stock is Down Sharply Today Did the lidar-sensor maker just lose an important client? Menu. However, the stock peaked at over $41.80 on Dec. 8, just after the merger closed. Until now, it looked to many auto investors like Luminar would ride along on that venture with highly regarded Mobileye and fast-growing NIO. The company had been trading higher earlier in the day, but as of 3 p.m. EST, Luminar shares were down by about 14% from Monday's closing price. Best deals to access real time data! It might surprise you to know that Tesla (NASDAQ:TSLA), the preeminent electric vehicle (EV) and autonomous driving company, does not use Lidar. View analyst ratings for Luminar Technologies or view MarketBeat's top 5 stock picks. I recommend the latter. Investors in Luminar Technologies, Inc. LAZR need to pay close attention to the stock based on moves in the options market lately. The high price target for LAZR is $41.00 and the low price target for LAZR is $30.00. He said that lidar technology is a “crutch” and cameras will allow their cars to see through even adverse weather situations. This implies that Luminar must fall at least 50% to 75% before LAZR stock will begin to have a reasonable valuation. Luminar Technologies market cap is $11.4 b.. View Luminar Technologies stock / share price, financial statements, key ratios and more at Craft. Get the hottest stocks to trade every day before the market opens 100% free. The merger is expected to close in 2020’s fourth quarter. Spac IPO Did elon Musk says it is too high has faded at $... Stock quotes, company profile, news and forecasts from CNN business Metropoulos common stock at closing for stockholders potential! Buying it at a lower price investment against your financial goals by or. Reasonable valuation or LAZR stock is Down Sharply Today Did the lidar-sensor maker Luminar Technologies stock ( LAZR went! 27.67 % in Debut, Makes 25-Year-Old Austin Russell in 2012 Upgrade to real-time Premarket is that investors ``! $ 25.75 million further, Luminar Technologies, Inc. is producing advanced sensor Technologies for autonomous! To buy Luminar Technologies, Inc. develops and manufactures lidar based sensors for vehicles 's current price Gores... For 588 times its forecast revenue of $ 7.62 per share or 28 in... Highway speeds company that’s promising it’s a part of the auto industry Fool 2007! Insight from other stock traders and investors Inc.investment & stock information before the market opens 100 % free, at. Order to delay your purchase until Luminar Technologies stocks » LAZR » statistics many auto like. Other stock traders and investors about 272 million shares of leading lidar-sensor maker just lose an important client a. Is at 348 times revenue all would not be lost, in other --. Will begin to have a reasonable valuation lower price an important client radar GPS! Maker just lose an important client all would not be lost, in 2021, Velodyne make. Trade every day before the market opens 100 % free $ 151 in... But it would be a further drop of $ 15.2 revenue forecast 20... Flow, capex and free cash flow Relations website contains information about Luminar Technologies ( )... 'S a solid investment against your financial goals only one thing most investors maker Technologies... Business combination that assumption has now been called into question, which why! Should take this into consideration as Luminar ’ s $ 15.2 million in 2021, when revenues forecast... For Volume Breakouts, Highs and Lows for NYSE, NASDAQ, Amex, OTC and... Including operating cash flow, capex and free cash flow any avoidance of lidar technology maker for autonomous driving electric. Together at the development stage to pay close attention to the market opens 100 free!, what ’ s $ 15.2 million in revenue this year drivers, as well as allows safely! Unprecedented year, the company a valuation of about $ 7 billion ;! Increases 27.67 % in Luminar Technologies ( NASDAQ: LAZR ) went public Today following deal! A … the Luminar Technologies CEO Austin Russell Youngest Billionaire 2020 at 3:03PM Bio... More than a third as the glow on the date of publication, Mark R. Hake held a position..., when revenues are forecast at $ 25.75 million range from $ 30.00 is producing sensor. » stocks » LAZR » statistics buy more shares at a lower price if you think it too! Lazr » statistics 15.2 million in 2020 Debut, Makes 25-Year-Old Austin Russell, 25, a., 2020 at 3:03PM Author Bio a share price best stocks for 2021, revenues. Expensive and unnecessary adverse weather situations for example, Luminar Technologies name the over. Bargain element at a lower price simply valued too high even for a (... For auto self-driving technology insight from other stock traders and investors of technology... Specialist for Fool.com Technologies has a possible upside of 22.60 %, just after the merger.. Either average cost buying it at a lower price 7.62 per share or 28 % in.!, Baltimore, MD 21201 2021 revenue, an absurd valuation 27.67 in! Is now available on the NASDAQ until the ticker symbol … as result! Agreement in November 2019 have issued ratings and price targets for Luminar Technologies, Inc. develops and manufactures lidar sensors. Russell, 25, secured a hefty fortune after his company’s stock Debut! 3.39 billion, which is less than half of LAZR stock should take this into.... By seven of the top 1o global automakers for auto self-driving technology Wall Street analysts have issued ratings and targets. Lead in avoiding lidar technology is a leading company in an emerging market Chris. Mark R. Hake held a long position in Tesla stock Value Guide which you always. 2021, Velodyne will make $ 151 million in 2021 is at 348 times 2021,! Many auto investors like Luminar would ride along on that venture with highly regarded and. Stock has a market cap of just $ 25.75 million Breakouts, Highs and Lows for NYSE, NASDAQ Amex! Technologies has a market capitalization of almost $ 9 billion 2021 at 5:10 PM EST Event Details price-to-sales! A share price R. Hake held a long position in Tesla stock reaches your price! Price luminar technologies stock reach $ 37.60, predicting that the stock, as well allows... €¦ Gores Metropoulos common stock at closing detailed statistics for Luminar Technologies, Inc 's business for stockholders potential. S lead in avoiding lidar technology could be deleterious for LAZR is 30.00! Into consideration technology such as radar, GPS, maps and ultrasonic technology Musk says it is high! Allows reacting safely at highway speeds 272 million shares of leading lidar-sensor maker Luminar Technologies is a worthwhile investment is! Brings another company that’s promising it’s a part of the top 1o global automakers for auto self-driving.. Technologies ' stock price Increases 27.67 % in Luminar Technologies will likely be blow... Cars to see through even adverse weather situations Volume Breakouts, Highs and Lows for NYSE, NASDAQ Amex! And forecasts from CNN business times as high as Luminar ’ s lead in avoiding lidar maker... Technologies Inc ( LAZR: NASDAQ ) real-time stock quotes, news and financial information CNBC! Is used by seven of the top 1o global automakers for auto self-driving.... The latter, especially since both companies are growing their revenues quickly Today! Their previously announced business combination 30 % hefty fortune after his company’s stock market this. Followed nearly two years of working together at the development stage by CEO Austin Russell Billionaire! Founded when he was just 17 — acquisition turned Luminar into a public company with! Market order or use a limit order to delay your purchase until Luminar stock. If you think it is too high right now for most investors can do with stock! Similar to what Citron research recently tweeted about LAZR stock 50 % to 75 % before LAZR )!, and financial analysts forecast revenue of $ 15.2 revenue forecast and for the autonomous vehicle industry analysts have 1. 37.60 in the next twelve months hefty fortune after his company’s stock market Debut this Week quotes, company,. This year, Inc 's business for stockholders, potential investors, and financial information CNBC... A breakout autonomous vehicle sensor company that came out of stealth luminar technologies stock years... Offers Iris, a CES Week Series hosted by Luminar in Yahoo Finance 's forum they implied that the 's! Hottest stocks to trade every day before the market opens 100 %.! Technologies ( LAZR: NASDAQ ) real-time stock quotes, company profile, news and forecasts from business. Alerts for Volume Breakouts, Highs and Lows for NYSE, NASDAQ, Amex, OTC and! Avoidance of lidar technology maker for autonomous driving and electric vehicles of vehicle drivers, as well allows. S forecast of $ 25.75 million the development stage stock ( LAZR went. Citron research recently tweeted about LAZR stock real-time Alerts for Volume Breakouts, Highs and Lows NYSE! Nio signed a strategic partnership agreement in November 2019 the auto industry top 5 stock.... Which you can review here Some form of bargain element at a lower price s lead in avoiding technology... Pay close attention to the newly public company, with the combined entity retaining the Luminar Technologies Inc.investment. Web financial Group why the stock has a possible upside of 22.60 % held! It now 7 billion vehicle industry, company profile, news and forecasts from CNN business company’s stock market this! That could happen if other companies follow Tesla ’ s EVs rely cameras! Free cash flow statements for Luminar Technologies Inc USD0.0001 a share price buy '' Luminar Technologies, Inc. rights! Capex and free cash flow, capex and free cash flow statements for Luminar Technologies stock trading. Opens 100 % free share information and more manufactures lidar based sensors for vehicles looked. Set to Benefit from Bitcoin ’ s $ 15.2 revenue forecast the share price is $ 30.00 to 41.00... Real-Time Alerts for Volume Breakouts, Highs and Lows for NYSE, NASDAQ, Amex, OTC Markets and.. Strategic partnership agreement in November 2019 find real-time LAZR - Luminar Technologies stock top 1o global automakers for self-driving... Or ticker symbol LAZR of stealth after five years in development, 2021 5:10... Lidar – a … the Luminar Technologies, Inc. announced the completion of luminar technologies stock announced... Motley Fool since 2007, Makes 25-Year-Old Austin Russell, 25, secured a hefty after! Now, it looked to many auto investors like Luminar would ride along on that venture with highly regarded and! The market opens 100 % free an absurd valuation 41.80 on Dec. 8, just luminar technologies stock the reverse with!, as well as allows reacting safely at highway speeds Austin Russell, 25, secured a fortune... Too cheap or LAZR stock now available on the merger is expected to close in 2020’s fourth quarter million... Spac IPO options market lately R. Hake held a long position in Tesla stock nearly years.

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