Luminar (LAZR) Stock Forecast, Price Target & Predictions


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LAZR Stock Forecast


Luminar stock forecast is as follows: an average price target of $13.86 (represents a 1620.88% upside from LAZR’s last price of $0.81) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

LAZR Price Target


The average price target for Luminar (LAZR) is $13.86 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $21.00 to $1.00. This represents a potential 1620.88% upside from LAZR's last price of $0.81.

LAZR Analyst Ratings


Buy

According to 8 Wall Street analysts, Luminar's rating consensus is 'Buy'. The analyst rating breakdown for LAZR stock is 0 'Strong Buy' (0.00%), 4 'Buy' (50.00%), 3 'Hold' (37.50%), 1 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).

Luminar Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 09, 2024Edison YuDeutsche Bank$1.00$0.8222.34%24.16%
Dec 20, 2022-J.P. Morgan$16.00$6.25156.20%1886.59%
Dec 07, 2022-Citigroup$20.00$7.35172.11%2383.24%
Oct 24, 2022Kevin CassidyRosenblatt Securities$8.00$6.8217.30%893.30%
May 19, 2022-Northland Securities$13.00$10.2027.45%1514.10%
Sep 16, 2021John MurphyBank of America Securities$21.00$16.7425.45%2507.40%
May 14, 2021Richard ShannonCraig-Hallum$18.00$21.15-14.89%2134.91%
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The latest Luminar stock forecast, released on Sep 09, 2024 by Edison Yu from Deutsche Bank, set a price target of $1.00, which represents a 22.34% increase from the stock price at the time of the forecast ($0.82), and a 24.16% increase from LAZR last price ($0.81).

Luminar Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$1.00$1.00
Last Closing Price$0.81$0.81$0.81
Upside/Downside-100.00%24.16%24.16%

In the current month, the average price target of Luminar stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Luminar's last price of $0.81. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 07, 2024Cowen & Co.BuyBuyHold
Jan 17, 2024Deutsche BankBuyHoldDowngrade
Mar 23, 2023Goldman Sachs-SellDowngrade
Mar 15, 2023Deutsche Bank-BuyInitialise
Dec 07, 2022CitigroupBuyBuyHold
Sep 22, 2022Northland SecuritiesOutperformMarket PerformDowngrade
Sep 22, 2022William Blair-OutperformInitialise
Apr 26, 2022Northland SecuritiesOutperformOutperformHold
Apr 26, 2022Zacks Investment Research-HoldUpgrade
Nov 14, 2021R.F. LaffertyBuyBuyHold
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Luminar's last stock rating was published by Cowen & Co. on Aug 07, 2024. The company gave LAZR a "Buy" rating, the same as its previous rate.

Luminar Financial Forecast


Luminar Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Revenue-------------$16.96M$16.20M$14.51M$11.13M$12.79M$9.93M$6.86M$12.34M$7.98M$6.31M$5.31M
Avg Forecast$83.37M$72.84M$56.40M$54.74M$46.75M$37.84M$28.89M$23.26M$21.09M$17.70M$20.36M$21.16M$27.34M$19.59M$16.18M$11.94M$12.52M$9.11M$8.45M$8.29M$11.79M$8.90M$6.31M$4.83M
High Forecast$83.37M$72.84M$56.40M$54.74M$46.75M$37.84M$28.89M$23.26M$21.09M$17.70M$20.36M$21.16M$27.49M$19.59M$16.18M$11.94M$12.52M$9.11M$8.45M$8.29M$11.79M$8.90M$6.31M$4.83M
Low Forecast$83.37M$72.84M$56.40M$54.74M$46.75M$37.84M$28.89M$23.26M$21.09M$17.70M$20.36M$21.16M$27.08M$19.58M$16.18M$11.94M$12.52M$9.11M$8.45M$8.29M$11.79M$8.90M$6.31M$4.83M
# Analysts444433334544756322223456
Surprise %-------------0.87%1.00%1.22%0.89%1.40%1.18%0.83%1.05%0.90%1.00%1.10%

Luminar's average Quarter revenue forecast for Dec 23 based on 7 analysts is $27.34M, with a low forecast of $27.08M, and a high forecast of $27.49M. LAZR's average Quarter revenue forecast represents a 61.18% increase compared to the company's last Quarter revenue of $16.96M (Sep 23).

Luminar EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts444433334544756322223456
EBITDA-------------$-119.91M$-143.89M$-139.46M$-135.37M$-108.12M$-103.84M$-79.99M$-70.80M$-51.32M$-35.87M$-75.07M
Avg Forecast$-83.37M$-72.84M$-56.40M$-54.74M$-46.75M$-37.84M$-28.89M$-23.26M$-21.09M$-17.70M$-20.36M$-78.04M$-27.34M$-19.59M$-16.18M$-70.94M$-70.80M$-9.11M$-8.45M$-64.50M$-11.79M$-8.90M$-6.31M$-123.86M
High Forecast$-83.37M$-72.84M$-56.40M$-54.74M$-46.75M$-37.84M$-28.89M$-23.26M$-21.09M$-17.70M$-20.36M$-62.43M$-27.08M$-19.58M$-16.18M$-56.76M$-56.64M$-9.11M$-8.45M$-51.60M$-11.79M$-8.90M$-6.31M$-99.09M
Low Forecast$-83.37M$-72.84M$-56.40M$-54.74M$-46.75M$-37.84M$-28.89M$-23.26M$-21.09M$-17.70M$-20.36M$-93.65M$-27.49M$-19.59M$-16.18M$-85.13M$-84.96M$-9.11M$-8.45M$-77.39M$-11.79M$-8.90M$-6.31M$-148.63M
Surprise %-------------6.12%8.89%1.97%1.91%11.88%12.29%1.24%6.01%5.76%5.69%0.61%

undefined analysts predict LAZR's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Luminar's previous annual EBITDA (undefined) of $NaN.

Luminar Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts444433334544756322223456
Net Income-------------$-134.34M$-141.76M$-147.83M$-144.82M$-117.55M$-95.24M$-88.33M$-75.06M$-51.34M$-36.83M$-75.92M
Avg Forecast$-34.09M$-38.00M$-45.26M$-49.71M$-51.48M$-56.60M$-63.02M$-66.79M$-65.33M$-69.36M$-78.56M$-82.22M$-85.41M$-88.31M$-104.00M$-74.74M$-73.89M$-91.83M$-74.55M$-67.95M$-48.56M$-45.53M$-33.77M$-125.27M
High Forecast$-34.09M$-38.00M$-45.26M$-49.71M$-51.48M$-56.60M$-63.02M$-66.79M$-65.33M$-54.76M$-78.56M$-65.77M$-80.92M$-88.31M$-104.00M$-59.79M$-59.11M$-91.83M$-74.55M$-54.36M$-48.56M$-45.53M$-33.77M$-100.22M
Low Forecast$-34.09M$-38.00M$-45.26M$-49.71M$-51.48M$-56.60M$-63.02M$-66.79M$-65.33M$-83.96M$-78.56M$-98.66M$-89.91M$-88.31M$-104.00M$-89.69M$-88.67M$-91.83M$-74.55M$-81.54M$-48.56M$-45.53M$-33.77M$-150.33M
Surprise %-------------1.52%1.36%1.98%1.96%1.28%1.28%1.30%1.55%1.13%1.09%0.61%

Luminar's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. LAZR's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Luminar SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts444433334544756322223456
SG&A-------------$47.83M$58.07M$58.22M$59.15M$52.92M$45.34M$39.42M$34.42M$41.47M$22.74M$12.91M
Avg Forecast$262.79M$229.60M$177.78M$172.54M$147.38M$119.29M$91.07M$73.32M$66.49M$55.79M$64.18M$66.69M$86.17M$61.74M$51.00M$37.63M$39.46M$28.70M$26.63M$26.14M$37.16M$28.07M$19.88M$15.24M
High Forecast$262.79M$229.60M$177.78M$172.54M$147.38M$119.29M$91.07M$73.32M$66.49M$55.79M$64.18M$66.69M$86.64M$61.75M$51.00M$37.63M$39.46M$28.70M$26.63M$26.14M$37.16M$28.07M$19.88M$15.24M
Low Forecast$262.79M$229.60M$177.78M$172.54M$147.38M$119.29M$91.07M$73.32M$66.49M$55.79M$64.18M$66.69M$85.38M$61.72M$51.00M$37.63M$39.46M$28.70M$26.63M$26.14M$37.16M$28.07M$19.88M$15.24M
Surprise %-------------0.77%1.14%1.55%1.50%1.84%1.70%1.51%0.93%1.48%1.14%0.85%

Luminar's average Quarter SG&A projection for Dec 23 is $86.17M, based on 7 Wall Street analysts, with a range of $85.38M to $86.64M. The forecast indicates a 80.14% rise compared to LAZR last annual SG&A of $47.83M (Sep 23).

Luminar EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts444433334544756322223456
EPS-------------$-0.34$-0.37$-0.40$-0.40$-0.33$-0.27$-0.25$-0.21$-0.15$-0.11$-0.23
Avg Forecast$-0.08$-0.08$-0.10$-0.11$-0.11$-0.12$-0.14$-0.15$-0.14$-0.15$-0.17$-0.19$-0.19$-0.19$-0.23$-0.21$-0.21$-0.20$-0.16$-0.13$-0.11$-0.10$-0.07$-0.07
High Forecast$-0.08$-0.08$-0.10$-0.11$-0.11$-0.12$-0.14$-0.15$-0.14$-0.12$-0.17$-0.19$-0.18$-0.19$-0.23$-0.21$-0.21$-0.20$-0.16$-0.13$-0.11$-0.10$-0.07$-0.07
Low Forecast$-0.08$-0.08$-0.10$-0.11$-0.11$-0.12$-0.14$-0.15$-0.14$-0.18$-0.17$-0.19$-0.20$-0.19$-0.23$-0.21$-0.21$-0.20$-0.16$-0.13$-0.11$-0.10$-0.07$-0.07
Surprise %-------------1.75%1.62%1.94%1.89%1.63%1.64%1.94%1.96%1.50%1.48%3.29%

According to undefined Wall Street analysts, Luminar's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to LAZR previous annual EPS of $NaN (undefined).

Luminar Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LAZRLuminar$0.81$13.861611.11%Buy
LIDRAEye$1.06$12.001032.08%Buy
INVZInnoviz$0.64$5.67785.94%Buy
WPRTWestport Fuel Systems$4.07$13.00219.41%Buy
MBLYMobileye Global$14.57$33.81132.05%Buy
QSQuantumScape$5.09$11.20120.04%Hold
HYLNHyliion$2.29$3.1336.68%Buy
AEVAAeva$3.85$4.7523.38%Hold

LAZR Forecast FAQ


Yes, according to 8 Wall Street analysts, Luminar (LAZR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 50.00% of LAZR's total ratings.

Luminar (LAZR) average price target is $13.86 with a range of $1 to $21, implying a 1620.88% from its last price of $0.805. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for LAZR stock, the company can go up by 1620.88% (from the last price of $0.805 to the average price target of $13.86), up by 2507.40% based on the highest stock price target, and up by 24.16% based on the lowest stock price target.

LAZR's average twelve months analyst stock price target of $13.86 supports the claim that Luminar can reach $1 in the near future.

Luminar's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $136.75M (high $136.75M, low $136.75M), average EBITDA is $-137M (high $-137M, low $-137M), average net income is $-238M (high $-238M, low $-238M), average SG&A $431.06M (high $431.06M, low $431.06M), and average EPS is $-0.524 (high $-0.524, low $-0.524). LAZR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $267.34M (high $267.34M, low $267.34M), average EBITDA is $-267M (high $-267M, low $-267M), average net income is $-167M (high $-167M, low $-167M), average SG&A $842.72M (high $842.72M, low $842.72M), and average EPS is $-0.368 (high $-0.368, low $-0.368).

Based on Luminar's last annual report (Dec 2022), the company's revenue was $40.7M, beating the average analysts forecast of $38.37M by 6.07%. Apple's EBITDA was $-426M, beating the average prediction of $-153M by 178.42%. The company's net income was $-446M, beating the average estimation of $-308M by 44.68%. Apple's SG&A was $196.83M, beating the average forecast of $120.94M by 62.75%. Lastly, the company's EPS was $-1.25, beating the average prediction of $-0.707 by 76.90%. In terms of the last quarterly report (Sep 2023), Luminar's revenue was $16.96M, missing the average analysts' forecast of $19.59M by -13.41%. The company's EBITDA was $-120M, beating the average prediction of $-19.586M by 512.25%. Luminar's net income was $-134M, beating the average estimation of $-88.313M by 52.12%. The company's SG&A was $47.83M, missing the average forecast of $61.74M by -22.52%. Lastly, the company's EPS was $-0.34, beating the average prediction of $-0.195 by 74.78%