ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its quarterly business update, including full-year 2024 milestones and financials, following the close of the market on Thursday, March 20, 2025. On March 20, 2025 at 4:00 p.m. EST (1:00 p.m. PST), the company will publish materials detailing its quarterly busi...
Luminar Technologies (LAZR 3.88%), a producer of automotive lidars, has burned a lot of investors since its public debut on Dec. 2, 2020. Its stock opened at $354.75, set a record high of $627 five days later, but now trades at about $6.
Imagine a future where self-driving cars solve day-to-day issues like long commutes, traffic jams, and roadway dangers. Before that future can become a reality, companies need to build systems that will allow self-driving vehicles to fully operate.
I reiterate a buy rating for Luminar Technologies due to its strong innovation and strategic partnerships, despite recent share price weakness. The upcoming Halo LiDAR launch in 2026 is a potential game-changer, offering significant performance and cost improvements for high-level autonomous driving. LAZR's partnerships with Volvo and a major Japanese OEM highlight its product reliability and c...
Luminar Technologies has strong growth potential with partnerships like Volvo and Nvidia, but faces financial challenges and high speculative valuation. Despite impressive revenue growth projections, Luminar is not profitable and has significant operating losses and negative gross margins. The company's financial health is concerning, with high debt and the need for additional funding to achiev...
Is Nvidia about to kick off an explosive rally for Luminar stock?
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