Luminar Technologies Stock Target Price and Analyst Consensus

LAZR Stock  USD 1.34  0.04  3.08%   
The current analyst and expert consensus on Luminar Technologies is Buy, with 6 strong buy opinions. The current projected Luminar Technologies target price consensus is 10.38 with 12 analyst opinions. The most common way Luminar Technologies analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Luminar Technologies executives and customers to further validate their buy or sell advice. Luminar Technologies buy-or-sell recommendation module provides average expert sentiment on the projected Luminar Technologies target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Luminar Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide.
Lowest Forecast
9.45
Highest Forecast
11.52
Target Price
10.38
As of 04/16/2024, Gross Profit is likely to grow to about (69.1 M). In addition to that, Pretax Profit Margin is likely to drop to -8.57. At this time, Luminar Technologies' Property Plant And Equipment Net is relatively stable compared to the past year. As of 04/16/2024, Net Debt is likely to grow to about 547.6 M, though Net Tangible Assets are likely to grow to (73.5 M).
  
It's important to approach Luminar Technologies' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Luminar Technologies price targets

Luminar Technologies' stock target price is an estimate of its future price, usually made by analysts. Using Luminar Technologies' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Luminar Technologies' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Luminar Technologies' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Luminar Technologies Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Luminar Technologies is a key component of Luminar Technologies valuation and have some predictive power on the future returns of a Luminar Technologies.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Luminar Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.071.327.44
Details
Intrinsic
Valuation
LowRealHigh
0.183.599.71
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.31-0.2-0.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Luminar Technologies. Your research has to be compared to or analyzed against Luminar Technologies' peers to derive any actionable benefits. When done correctly, Luminar Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Luminar Technologies.

Trending Themes

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Invested one share
When determining whether Luminar Technologies is a strong investment it is important to analyze Luminar Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Luminar Technologies' future performance. For an informed investment choice regarding Luminar Stock, refer to the following important reports:
Check out Macroaxis Advice on Luminar Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Luminar Stock, please use our How to Invest in Luminar Technologies guide.
Note that the Luminar Technologies information on this page should be used as a complementary analysis to other Luminar Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Luminar Stock analysis

When running Luminar Technologies' price analysis, check to measure Luminar Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Luminar Technologies is operating at the current time. Most of Luminar Technologies' value examination focuses on studying past and present price action to predict the probability of Luminar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luminar Technologies' price. Additionally, you may evaluate how the addition of Luminar Technologies to your portfolios can decrease your overall portfolio volatility.
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The data published in Luminar Technologies' official financial statements usually reflect Luminar Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Luminar Technologies. For example, before you start analyzing numbers published by Luminar accountants, it's critical to develop an understanding of what Luminar Technologies' liquidity, profitability, and earnings quality are in the context of the Automobile Components space in which it operates.
Please note, the presentation of Luminar Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Luminar Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Luminar Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Luminar Technologies. Please utilize our Beneish M Score to check the likelihood of Luminar Technologies' management manipulating its earnings.