Luminar Technologies Stock News

Luminar Technologies' key partnerships with Volvo and Caterpillar could drive future revenue, but the transition to the next-gen Halo sensor may slow short-term gains. Despite cost-cutting efforts, Luminar's liquidity position remains weak, with significant debt and negative free cash flow posing risks. I maintain a cautious "Buy" rating on LAZR stock, optimistic about long-term potential but w...

Luminar Technologies (LAZR 8.66%), which designs next-generation light detection and ranging (lidar) products that help assisted-driving vehicle systems "see," saw its stock accelerate impressively on Thursday.

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced a collaboration with Caterpillar Inc. to integrate LiDAR technology into Caterpillar's next generation autonomous solution. LiDAR, which stands for Light Detection and Ranging, is critical for navigation and obstacle detection in autonomous machines. LiDAR uses light in the form of ...

Luminar Technologies, Inc. has been one of the worst-performing stocks since late 2020, with shares plummeting nearly 99% from their peak. The company beat heavily reduced revenue estimates for Q4 2024, but is still losing a lot of money and burning through significant cash. The 2025 revenue forecast was well below street estimates, and management is planning on large amounts of stock sales.

Ouster's multi-vertical approach and competitive pricing position it as a strong buy, with potential profitability by 2026, unlike Luminar's distressed financial state. Ouster achieved record revenue and margins in 2024, with plans to double its TAM through hardware and software transitions. Luminar's financial instability, negative equity, and high debt burden make it a strong sell, despite mi...

Next-generation auto sensor specialist Luminar Technologies (LAZR 32.17%) was a pacesetter on the stock exchange as the trading week came to a close on Friday. Investors couldn't get enough of the company following the release of its latest set of financials, to the point where the share price closed up a whopping 32% on the day.

Shares of EV stocks had a great week this week after Luminar Technologies (LAZR 32.17%) reported earnings and some competitors fought for market share. But Tesla (TSLA 5.33%) stock was flat for the week, as investors continue to process a likely drop in sales in the first quarter of 2025.

Luminar Technologies, Inc. (NASDAQ:LAZR ) Q4 2024 Earnings Conference Call March 20, 2025 5:00 PM ET Company Participants Aileen McAdams - Head, IR Austin Russell - Founder and CEO Tom Fennimore - CFO Conference Call Participants Jash Patwa - JPMorgan Winnie Dong - Deutsche Bank Federico Merendi - Bank of America Morgan Long - Goldman Sachs Tyler Anderson - Craig-Hallum Aileen McAdams Welcome e...