Luminar Technologies Stock News

Mercedes-Benz has signed a new agreement with Luminar Technologies to develop and integrate its latest lidar product, Luminar's CEO said, shifting from a supply deal for its currently available sensors.

ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced the formation of the Luminar Automotive Council (LAC), a new team of executive advisors to help inform Luminar's growth strategy and advance its global mission to enhance auto safety. The LAC brings together veteran industry leaders from the automotive, governmental, and other...

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.