▲ +47.31% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Luminar Technologies in the last 3 months. The average price target is $37.17, with a high forecast of $40.00 and a low forecast of $30.00. The average price target represents a 47.31% upside from the last price of $25.23.
The current consensus among 6 investment analysts is to buy stock in Luminar Technologies. This rating has held steady since January 2021, when it changed from a Hold consensus rating.
Luminar Technologies, Inc. operates as a vehicle sensor and software company for passenger vehicles and trucks. The company operates in two segments, Autonomy Solutions and Other Component Sales. The Autonomy Solutions segment designs, manufactures, and sells lidar sensors, and related perception and autonomy software solutions for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and other related industries. The Other Component Sales segment engages in the designing, testing, and consulting of non-standard integrated circuits for government agencies and defense contractors. The company was founded in 2012 and is headquartered in Orlando, Florida.