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 $6.33 (represents a 18.32% upside from LAZR’s last price of $5.35) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

LAZR Price Target

The average price target for Luminar (LAZR) is $6.33 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $15.00 to $1.00. This represents a potential 18.32% upside from LAZR's last price of $5.35.

LAZR Analyst Ratings

Buy

According to 9 Wall Street analysts, Luminar's rating consensus is 'Buy'. The analyst rating breakdown for LAZR stock is 0 'Strong Buy' (0.00%), 4 'Buy' (44.44%), 4 'Hold' (44.44%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).

Luminar Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 12, 2024	Richard Shannon	Craig-Hallum	$15.00	$12.55	19.52%	180.37%
Nov 12, 2024	Tristan Gerra	Robert W. Baird	$3.00	$0.84	258.68%	-43.93%
Sep 09, 2024	Edison Yu	Deutsche Bank	$1.00	$0.82	22.34%	-81.31%
Dec 20, 2022		J.P. Morgan	$16.00	$6.25	156.20%	199.07%
Dec 07, 2022		Citigroup	$20.00	$7.35	172.11%	273.83%
Oct 24, 2022	Kevin Cassidy	Rosenblatt Securities	$120.00	$102.30	17.30%	2142.99%
May 19, 2022		Northland Securities	$195.00	$153.00	27.45%	3544.86%
Sep 16, 2021	John Murphy	Bank of America Securities	$315.00	$251.10	25.45%	5787.85%
May 14, 2021	Richard Shannon	Craig-Hallum	$270.00	$317.25	-14.89%	4946.73%

The latest Luminar stock forecast, released on Nov 12, 2024 by Richard Shannon from Craig-Hallum, set a price target of $15.00, which represents a 19.52% increase from the stock price at the time of the forecast ($12.55), and a 180.37% increase from LAZR last price ($5.35).

Luminar Price Target by Period

	1M	3M	12M
# Anlaysts	-	2	3
Avg Price Target	-	$9.00	$6.33
Last Closing Price	$5.35	$5.35	$5.35
Upside/Downside	-100.00%	68.22%	18.32%

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 $5.35. 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

Date	Company	Previous Rating	New Rating	Rating Change
Nov 12, 2024	Craig-Hallum	Hold	Hold	Hold
Aug 07, 2024	Cowen & Co.	Buy	Buy	Hold
Jan 17, 2024	Deutsche Bank	Buy	Hold	Downgrade
Mar 23, 2023	Goldman Sachs		Sell	Downgrade
Mar 15, 2023	Deutsche Bank		Buy	Initialise
Dec 07, 2022	Citigroup	Buy	Buy	Hold
Sep 22, 2022	Northland Securities	Outperform	Market Perform	Downgrade
Sep 22, 2022	William Blair		Outperform	Initialise
Apr 26, 2022	Northland Securities	Outperform	Outperform	Hold
Apr 26, 2022	Zacks Investment Research		Hold	Upgrade
Nov 14, 2021	R.F. Lafferty	Buy	Buy	Hold

Luminar's last stock rating was published by Craig-Hallum on Nov 12, 2024. The company gave LAZR a "Hold" rating, the same as its previous rate.

Luminar Financial Forecast

Luminar Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 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	$46.00M	$35.37M	$27.27M	$21.23M	$17.42M	$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	$86.55M	$75.62M	$58.55M	$56.83M	$47.76M	$36.72M	$28.31M	$22.04M	$17.65M	$18.38M	$20.36M	$21.96M	$27.49M	$19.59M	$16.80M	$12.39M	$13.44M	$9.11M	$8.45M	$8.29M	$11.79M	$8.90M	$6.31M	$4.83M
Low Forecast	$78.52M	$68.60M	$53.12M	$51.55M	$43.32M	$33.31M	$25.68M	$20.00M	$17.19M	$16.67M	$20.36M	$19.93M	$27.08M	$19.58M	$15.24M	$11.24M	$11.77M	$9.11M	$8.45M	$8.29M	$11.79M	$8.90M	$6.31M	$4.83M
# Analysts	1	1	1	1	1	1	1	2	4	2	3	4	7	5	6	3	2	2	2	2	3	4	5	6
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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
# Analysts	1	1	1	1	1	1	1	2	4	2	3	4	7	5	6	3	2	2	2	2	3	4	5	6
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	$-46.00M	$-35.37M	$-27.27M	$-21.23M	$-17.42M	$-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	$-78.52M	$-68.60M	$-53.12M	$-51.55M	$-43.32M	$-33.31M	$-25.68M	$-20.00M	$-17.19M	$-16.67M	$-20.36M	$-62.43M	$-27.08M	$-19.58M	$-15.24M	$-56.76M	$-56.64M	$-9.11M	$-8.45M	$-51.60M	$-11.79M	$-8.90M	$-6.31M	$-99.09M
Low Forecast	$-86.55M	$-75.62M	$-58.55M	$-56.83M	$-47.76M	$-36.72M	$-28.31M	$-22.04M	$-17.65M	$-18.38M	$-20.36M	$-93.65M	$-27.49M	$-19.59M	$-16.80M	$-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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
# Analysts	1	1	1	1	1	1	1	2	4	2	3	4	7	5	6	3	2	2	2	2	3	4	5	6
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	$-556.51M	$-620.24M	$-738.80M	$-811.42M	$-666.92M	$-741.02M	$-820.06M	$-892.93M	$-1.06B	$-1.13B	$-1.28B	$-82.22M	$-1.39B	$-1.44B	$-1.70B	$-74.74M	$-73.89M	$-91.83M	$-74.55M	$-67.95M	$-48.56M	$-45.53M	$-33.77M	$-125.27M
High Forecast	$-514.42M	$-573.33M	$-682.93M	$-750.06M	$-616.49M	$-684.99M	$-758.05M	$-825.41M	$-796.68M	$-1.04B	$-1.19B	$-65.77M	$-1.32B	$-1.33B	$-1.57B	$-59.79M	$-59.11M	$-91.83M	$-74.55M	$-54.36M	$-48.56M	$-45.53M	$-33.77M	$-100.22M
Low Forecast	$-584.14M	$-651.04M	$-775.49M	$-851.72M	$-700.04M	$-777.82M	$-860.79M	$-937.27M	$-1.59B	$-1.18B	$-1.35B	$-98.66M	$-1.47B	$-1.51B	$-1.78B	$-89.69M	$-88.67M	$-91.83M	$-74.55M	$-81.54M	$-48.56M	$-45.53M	$-33.77M	$-150.33M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.09%	0.08%	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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
# Analysts	1	1	1	1	1	1	1	2	4	2	3	4	7	5	6	3	2	2	2	2	3	4	5	6
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	$145.00M	$111.48M	$85.95M	$66.93M	$54.91M	$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	$272.83M	$238.37M	$184.57M	$179.13M	$150.54M	$115.74M	$89.23M	$69.49M	$55.64M	$57.93M	$64.18M	$69.24M	$86.64M	$61.75M	$52.94M	$39.07M	$42.36M	$28.70M	$26.63M	$26.14M	$37.16M	$28.07M	$19.88M	$15.24M
Low Forecast	$247.51M	$216.24M	$167.44M	$162.51M	$136.57M	$105.00M	$80.95M	$63.04M	$54.19M	$52.55M	$64.18M	$62.81M	$85.38M	$61.72M	$48.03M	$35.44M	$37.11M	$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 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
# Analysts	1	1	1	1	1	1	1	2	4	2	3	4	7	5	6	3	2	2	2	2	3	4	5	6
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	$-1.13	$-1.26	$-1.50	$-1.64	$-1.35	$-1.50	$-1.66	$-1.81	$-2.15	$-2.28	$-2.60	$-2.84	$-2.82	$-2.92	$-3.44	$-3.09	$-0.21	$-0.20	$-0.16	$-0.13	$-0.11	$-0.10	$-0.07	$-0.07
High Forecast	$-1.04	$-1.16	$-1.38	$-1.52	$-1.25	$-1.39	$-1.53	$-1.67	$-1.61	$-2.11	$-2.40	$-2.62	$-2.67	$-2.70	$-3.18	$-2.86	$-0.19	$-0.20	$-0.16	$-0.13	$-0.11	$-0.10	$-0.07	$-0.07
Low Forecast	$-1.18	$-1.32	$-1.57	$-1.72	$-1.42	$-1.57	$-1.74	$-1.90	$-3.22	$-2.40	$-2.72	$-2.98	$-2.97	$-3.06	$-3.61	$-3.25	$-0.23	$-0.20	$-0.16	$-0.13	$-0.11	$-0.10	$-0.07	$-0.07
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.12%	0.11%	0.13%	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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
LIDR	AEye	$0.98	$12.00	1124.49%	Buy
INVZ	Innoviz	$1.65	$5.67	243.64%	Buy
WPRT	Westport Fuel Systems	$4.36	$13.00	198.17%	Buy
HYLN	Hyliion	$2.37	$3.13	32.07%	Buy
MBLY	Mobileye Global	$16.71	$21.67	29.68%	Buy
AEVA	Aeva	$3.97	$5.00	25.94%	Hold
QS	QuantumScape	$5.13	$6.15	19.88%	Hold
LAZR	Luminar	$5.35	$6.33	18.32%	Buy

LAZR Forecast FAQ

Is Luminar a good buy?

Yes, according to 9 Wall Street analysts, Luminar (LAZR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 44.44% of LAZR's total ratings.

What is LAZR's price target?

Luminar (LAZR) average price target is $6.33 with a range of $1 to $15, implying a 18.32% from its last price of $5.35. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Luminar stock go up soon?

According to Wall Street analysts' prediction for LAZR stock, the company can go up by 18.32% (from the last price of $5.35 to the average price target of $6.33), up by 180.37% based on the highest stock price target, and down by -81.31% based on the lowest stock price target.

Can Luminar stock reach $8?

LAZR's highest twelve months analyst stock price target of $15 supports the claim that Luminar can reach $8 in the near future.

What are Luminar's analysts' financial forecasts?

Luminar's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $129.87M (high $134.83M, low $122.31M), average EBITDA is $-130M (high $-122M, low $-135M), average net income is $-3.121B (high $-2.885B, low $-3.276B), average SG&A $409.36M (high $425M, low $385.55M), and average EPS is $-6.317 (high $-5.84, low $-6.631). LAZR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $267.34M (high $277.56M, low $251.79M), average EBITDA is $-267M (high $-252M, low $-278M), average net income is $-2.727B (high $-2.521B, low $-2.862B), average SG&A $842.72M (high $874.91M, low $793.7M), and average EPS is $-5.52 (high $-5.103, low $-5.794).

Did the LAZR's actual financial results beat the analysts' financial forecasts?

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, missing the average estimation of $-1.442B by -90.68%. 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, missing the average prediction of $-2.918 by -88.35%