Luminar Technologies (NASDAQ:LAZR - Get Free Report) is anticipated to announce its earnings results before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of ($0.16) per share and revenue of $17.50 million for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.
Luminar Technologies Price Performance
LAZR opened at $5.32 on Thursday. The company has a fifty day moving average price of $6.14 and a 200-day moving average price of $10.08. The firm has a market capitalization of $177.23 million, a P/E ratio of -0.40 and a beta of 1.62. Luminar Technologies has a one year low of $4.93 and a one year high of $38.25.
Analyst Ratings Changes
A number of research firms have recently issued reports on LAZR. The Goldman Sachs Group dropped their price objective on shares of Luminar Technologies from $11.25 to $7.50 and set a "sell" rating for the company in a report on Thursday, November 14th. Craig Hallum dropped their price objective on shares of Luminar Technologies from $22.50 to $15.00 and set a "hold" rating for the company in a report on Tuesday, November 12th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Luminar Technologies currently has a consensus rating of "Hold" and a consensus price target of $50.06.
Check Out Our Latest Research Report on LAZR
About Luminar Technologies
(
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Luminar Technologies, Inc, an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. It operates in two segments, Autonomy Solutions and Advanced Technologies and Services. The Autonomy Solutions segment designs, manufactures, and sells laser imaging, detection, and ranging sensors or lidars, as well as related perception and autonomy software solutions primarily for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries.
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