Luminar (LAZR) Stock Forecast, Price Target & Predictions
LAZR Stock Forecast
Luminar stock forecast is as follows: an average price target of $13.86 (represents a 1650.00% upside from LAZR’s last price of $0.79) 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 1650.00% upside from LAZR's last price of $0.79.
LAZR Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 09, 2024 | Edison Yu | Deutsche Bank | $1.00 | $0.82 | 22.34% | 26.26% |
| Dec 20, 2022 | - | J.P. Morgan | $16.00 | $6.25 | 156.20% | 1920.20% |
| Dec 07, 2022 | - | Citigroup | $20.00 | $7.35 | 172.11% | 2425.25% |
| Oct 24, 2022 | Kevin Cassidy | Rosenblatt Securities | $8.00 | $6.82 | 17.30% | 910.10% |
| May 19, 2022 | - | Northland Securities | $13.00 | $10.20 | 27.45% | 1541.41% |
| Sep 16, 2021 | John Murphy | Bank of America Securities | $21.00 | $16.74 | 25.45% | 2551.52% |
| May 14, 2021 | Richard Shannon | Craig-Hallum | $18.00 | $21.15 | -14.89% | 2172.73% |
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 26.26% increase from LAZR last price ($0.79).
Luminar Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $1.00 | $1.00 | $1.00 |
| Last Closing Price | $0.79 | $0.79 | $0.79 |
| Upside/Downside | 26.26% | 26.26% | 26.26% |
In the current month, the average price target of Luminar stock is $1.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 26.26% increase as opposed to Luminar's last price of $0.79. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.96M | $16.20M | $14.51M | $11.13M | $12.79M | - | $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 | $21.22M | $17.62M | $20.36M | $21.16M | $27.34M | $19.59M | $16.18M | $11.94M | $12.52M | $9.11M | $8.45M | $11.86M | $11.59M | $8.78M | $6.32M | $8.77M |
| High Forecast | $126.49M | $110.51M | $85.57M | $83.05M | $70.94M | $57.42M | $43.84M | $35.29M | $32.20M | $26.74M | $30.89M | $32.10M | $27.49M | $29.72M | $24.55M | $18.11M | $19.00M | $13.81M | $8.45M | $14.24M | $13.91M | $10.53M | $7.58M | $10.52M |
| Low Forecast | $75.27M | $65.76M | $50.92M | $49.42M | $42.21M | $34.16M | $26.08M | $21.00M | $19.16M | $15.91M | $18.38M | $19.10M | $27.08M | $17.68M | $14.61M | $10.78M | $11.30M | $8.22M | $8.45M | $9.49M | $9.27M | $7.02M | $5.06M | $7.01M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 8 | 8 | 10 | 12 | 18 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 1.00% | 1.22% | 0.89% | 1.40% | - | 0.58% | 1.07% | 0.91% | 1.00% | 0.61% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 8 | 8 | 10 | 12 | 18 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-119.91M | $-143.89M | $-139.46M | $-135.37M | $-108.12M | - | $-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 | $-21.22M | $-17.62M | $-20.36M | $-78.04M | $-27.34M | $-19.59M | $-16.18M | $-70.94M | $-12.52M | $-62.10M | $-8.45M | $-64.50M | $-64.37M | $-56.45M | $-35.87M | $-123.86M |
| High Forecast | $-75.27M | $-65.76M | $-50.92M | $-49.42M | $-42.21M | $-34.16M | $-26.08M | $-21.00M | $-19.16M | $-15.91M | $-18.38M | $-62.43M | $-27.08M | $-17.68M | $-14.61M | $-56.76M | $-11.30M | $-49.68M | $-8.45M | $-51.60M | $-51.49M | $-45.16M | $-28.69M | $-99.09M |
| Low Forecast | $-126.49M | $-110.51M | $-85.57M | $-83.05M | $-70.94M | $-57.42M | $-43.84M | $-35.29M | $-32.20M | $-26.74M | $-30.89M | $-93.65M | $-27.49M | $-29.72M | $-24.55M | $-85.13M | $-19.00M | $-74.52M | $-8.45M | $-77.39M | $-77.24M | $-67.75M | $-43.04M | $-148.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.12% | 8.89% | 1.97% | 10.81% | 1.74% | - | 1.24% | 1.10% | 0.91% | 1.00% | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 8 | 8 | 10 | 12 | 18 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-134.34M | $-141.76M | $-147.83M | $-144.82M | $-117.55M | - | $-88.33M | $-75.06M | $-51.34M | $-36.83M | $-75.92M |
| Avg Forecast | $-34.09M | $-38.00M | $-45.26M | $-49.71M | $-50.28M | $-55.86M | $-62.66M | $-66.18M | $-66.39M | $-70.85M | $-78.56M | $-82.22M | $-85.41M | $-88.31M | $-104.00M | $-74.74M | $-95.87M | $-62.12M | $-69.78M | $-67.95M | $-67.18M | $-56.47M | $-36.83M | $-125.27M |
| High Forecast | $-29.79M | $-33.20M | $-39.54M | $-43.43M | $-43.93M | $-48.80M | $-54.75M | $-57.81M | $-58.00M | $-39.85M | $-68.64M | $-65.77M | $-80.92M | $-77.15M | $-90.86M | $-59.79M | $-83.75M | $-49.70M | $-69.78M | $-54.36M | $-53.74M | $-45.18M | $-29.46M | $-100.22M |
| Low Forecast | $-57.02M | $-63.55M | $-75.70M | $-83.14M | $-84.10M | $-93.42M | $-104.80M | $-110.68M | $-111.03M | $-101.85M | $-131.39M | $-98.66M | $-89.91M | $-147.70M | $-173.93M | $-89.69M | $-160.33M | $-74.55M | $-69.78M | $-81.54M | $-80.61M | $-67.77M | $-44.20M | $-150.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.52% | 1.36% | 1.98% | 1.51% | 1.89% | - | 1.30% | 1.12% | 0.91% | 1.00% | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 8 | 8 | 10 | 12 | 18 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $47.83M | $58.07M | $58.22M | $59.15M | $52.92M | - | $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 | $66.89M | $55.55M | $64.18M | $66.69M | $86.17M | $61.74M | $51.00M | $37.63M | $39.46M | $28.70M | $26.63M | $37.40M | $36.53M | $27.66M | $19.92M | $27.63M |
| High Forecast | $398.73M | $348.36M | $269.75M | $261.80M | $223.62M | $180.99M | $138.18M | $111.25M | $101.49M | $84.28M | $97.38M | $101.18M | $86.64M | $93.67M | $77.37M | $57.09M | $59.88M | $43.55M | $26.63M | $44.88M | $43.84M | $33.20M | $23.91M | $33.16M |
| Low Forecast | $237.25M | $207.28M | $160.50M | $155.77M | $133.06M | $107.69M | $82.22M | $66.19M | $60.39M | $50.15M | $57.94M | $60.21M | $85.38M | $55.74M | $46.04M | $33.97M | $35.63M | $25.91M | $26.63M | $29.92M | $29.23M | $22.13M | $15.94M | $22.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.77% | 1.14% | 1.55% | 1.50% | 1.84% | - | 1.05% | 0.94% | 1.50% | 1.14% | 0.47% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 8 | 8 | 10 | 12 | 18 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.34 | $-0.37 | $-0.40 | $-0.40 | $-0.33 | - | $-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 | $-0.15 | $-0.16 | $-0.17 | $-0.19 | $-0.19 | $-0.19 | $-0.23 | $-0.21 | $-0.21 | $-0.20 | $-0.16 | $1.43 | $1.89 | $1.25 | $1.01 | $-0.10 |
| High Forecast | $-0.07 | $-0.07 | $-0.09 | $-0.10 | $-0.10 | $-0.11 | $-0.12 | $-0.13 | $-0.13 | $-0.09 | $-0.15 | $-0.17 | $-0.18 | $-0.17 | $-0.20 | $-0.18 | $-0.18 | $-0.18 | $-0.16 | $1.86 | $2.46 | $1.62 | $1.32 | $-0.08 |
| Low Forecast | $-0.13 | $-0.14 | $-0.17 | $-0.18 | $-0.19 | $-0.21 | $-0.23 | $-0.24 | $-0.24 | $-0.22 | $-0.29 | $-0.32 | $-0.20 | $-0.33 | $-0.38 | $-0.34 | $-0.35 | $-0.34 | $-0.16 | $0.98 | $1.30 | $0.85 | $0.69 | $-0.12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.75% | 1.62% | 1.94% | 1.89% | 1.63% | - | -0.18% | -0.11% | -0.12% | -0.11% | 2.30% |
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 |
|---|---|---|---|---|---|
| LAZR | Luminar | $0.79 | $13.86 | 1654.43% | Buy |
| LIDR | AEye | $1.15 | $12.00 | 943.48% | Buy |
| INVZ | Innoviz | $0.74 | $5.67 | 666.22% | Buy |
| MBLY | Mobileye Global | $11.61 | $38.17 | 228.77% | Buy |
| WPRT | Westport Fuel Systems | $4.60 | $13.00 | 182.61% | Buy |
| QS | QuantumScape | $5.80 | $11.20 | 93.10% | Hold |
| AEVA | Aeva | $2.88 | $4.75 | 64.93% | Hold |
| HYLN | Hyliion | $2.11 | $3.13 | 48.34% | Buy |
LAZR Forecast FAQ
Is Luminar a good buy?
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.
What is LAZR's price target?
Luminar (LAZR) average price target is $13.86 with a range of $1 to $21, implying a 1650.00% from its last price of $0.792. The data is based on 8 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 1650.00% (from the last price of $0.792 to the average price target of $13.86), up by 2551.52% based on the highest stock price target, and up by 26.26% based on the lowest stock price target.
Can Luminar stock reach $1?
LAZR's average twelve months analyst stock price target of $13.86 supports the claim that Luminar can reach $1 in the near future.
What is Luminar's current price target trend?
1 Wall Street analyst forecast a $1 price target for Luminar (LAZR) this month, up 26.26% from its last price of $0.792. Compared to the last 3 and 12 months, the average price target increased by 26.26% and increased by 26.26%, respectively.
What are Luminar's analysts' financial forecasts?
Luminar's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $136.75M (high $207.49M, low $123.46M), average EBITDA is $-137M (high $-123M, low $-207M), average net income is $-235M (high $-205M, low $-393M), average SG&A $431.06M (high $654.04M, low $389.16M), and average EPS is $-0.518 (high $-0.452, low $-0.866). LAZR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $267.34M (high $405.64M, low $241.36M), average EBITDA is $-267M (high $-241M, low $-406M), average net income is $-167M (high $-146M, low $-279M), average SG&A $842.72M (high $1.28B, low $760.81M), and average EPS is $-0.368 (high $-0.322, low $-0.615).
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, which missed the average analysts forecast of $41.94M by -2.96%. Apple's EBITDA was $-426M, beating the average prediction of $-148M by 188.40%. The company's net income was $-446M, beating the average estimation of $-296M by 50.80%. Apple's SG&A was $196.83M, beating the average forecast of $132.2M by 48.89%. Lastly, the company's EPS was $-1.25, missing the average prediction of $0.851 by -246.90%. 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%