Better Times Ahead For Luminar Technologies Inc (NASDAQ: LAZR)?

Luminar Technologies Inc (LAZR) concluded trading on Thursday at a closing price of $3.90, with 3.44 million shares of worth about $13.41 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -69.94% during that period and on May 22, 2025 the price saw a loss of about -1.52%. Currently the company’s common shares owned by public are about 46.88M shares, out of which, 40.92M shares are available for trading.

Stock saw a price change of -1.52% in past 5 days and over the past one month there was a price change of 7.44%. Year-to-date (YTD), LAZR shares are showing a performance of -27.51% which decreased to -84.97% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.30 but also hit the highest price of $32.70 during that period. The average intraday trading volume for Luminar Technologies Inc shares is 2.54 million. The stock is currently trading -5.22% below its 20-day simple moving average (SMA20), while that difference is down -17.64% for SMA50 and it goes to -55.03% lower than SMA200.

Luminar Technologies Inc (NASDAQ: LAZR) currently have 46.88M outstanding shares and institutions hold larger chunk of about 27.23% of that.

The stock has a current market capitalization of $182.83M and its 3Y-monthly beta is at 2.06. It has posted earnings per share of -$6.66 in the same period. It has Quick Ratio of 2.59. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LAZR, volatility over the week remained 2.91% while standing at 7.29% over the month.

Stock’s fiscal year EPS is expected to rise by 52.25% while it is estimated to increase by 42.98% in next year. EPS is likely to grow at an annualized rate of 45.70% for next 5-years, compared to annual growth of 4.83% made by the stock over the past 5-years.

Coverage by Deutsche Bank stated Luminar Technologies Inc (LAZR) stock as a Hold in their note to investors on September 10, 2024, suggesting a price target of $1 for the stock. On April 10, 2024, BofA Securities Downgrade their recommendations, while on January 17, 2024, Deutsche Bank Downgrade their ratings for the stock with a price target of $4. Stock get a Neutral rating from BofA Securities on September 26, 2023.

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