Analyst Price Target is $13.77
▲ +113.15% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Luminar Technologies in the last 3 months. The average price target is $13.77, with a high forecast of $22.00 and a low forecast of $5.00. The average price target represents a 113.15% upside from the last price of $6.46.
Current Consensus is
The current consensus among 8 contributing investment analysts is to hold stock in Luminar Technologies. This rating has held steady since November 2022, when it changed from a Buy consensus rating.
Luminar Technologies, Inc., an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. It operates in two segments, Autonomy Solutions and Components. The Autonomy Solutions segment designs, manufactures, and sells laser imaging, detection, and ranging sensors, as well as related perception and autonomy software solutions primarily for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries. The Component segment develops ultra-sensitive pixel-based sensors. This segment also designs, tests, and provides consulting services for non-standard integrated circuits for use in automobile and aeronautics sector, as well as government spending in military and defense activities. The company was founded in 2012 and is headquartered in Orlando, Florida.