Luminar Technologies, Inc. Class A (LAZR)

Luminar Technologies' stock (LAZR) has experienced a significant decline over the past year, decreasing by 90.83% from November 26, 2024, to November 25, 2025. The stock opened at $0.86 on November 24, 2025, with a one-year trading range between $0.81 and $10.89. Q3 2025 earnings showed mixed results, with product revenue growth but a decline in services revenue. Analysts hold a "Strong Sell" consensus rating for LAZR, with an average target price of $2.00. Shareholder dilution has been a concern, with total shares outstanding increasing by 133.8% in the past year.

Demand for Luminar Technologies' products and services is currently in its infancy but is experiencing an increasing trend. The company is actively focused on scaling its production capacity to meet this growing demand. While specific seasonal patterns are not explicitly detailed, the overall growth is tied to the automotive industry's adoption cycle of autonomous and semi-autonomous features. The company's partnerships and the integration of its LiDAR into new vehicle models are key drivers of this increasing demand.

Luminar Technologies, Inc. (LAZR) is an American automotive technology company specializing in vision-based lidar and machine perception technologies for self-driving cars. The company develops, produces, and commercializes high-performance lidar sensors and associated software. Its major products include lidar sensors such as Hydra, Iris, Iris+, and Sentinel, which provide long-range, high-resolution 3D mapping capabilities for ADAS and autonomous driving applications. Luminar's business is segmented into Autonomy Solutions, focusing on lidar sensors and software for OEMs, and Advanced Technologies and Services, which develops semiconductors, pixel-based sensors, advanced lasers, and provides design, testing, and consulting services.

Luminar Technologies is headquartered in Orlando, Florida, with a significant R&D facility in Palo Alto, California. The company's operations extend globally, with a presence in Detroit, the Cayman Islands, Israel, China, Germany (Munich), Hong Kong, India, Mexico, and Sweden. Luminar provides its sensor technologies and software to customers across North America, the Asia Pacific, Europe, and the Middle East. The company has also established high-volume series production at a dedicated manufacturing facility in Mexico to support its partnership with Volvo Cars.

Luminar Technologies' brand reputation has been influenced by strong partnerships with major automotive manufacturers, but its financial performance and stock trajectory have presented challenges. The significant decline in stock price and the "Strong Sell" consensus rating from analysts indicate a cautious to negative sentiment. Despite mixed Q3 2025 results, ongoing progress in new deals and the company's focus on strategic cost savings and production ramp-up could bolster its reputation.

Luminar Technologies (LAZR) has a diverse ownership structure comprising institutional shareholders, company insiders, and retail investors. Institutional shareholders hold approximately between 16.38% and 30.99% of the company's stock. Insiders own around between 5.09% and 27.92%. Retail investors account for a substantial portion, holding approximately between 49.67% and 78.53% of the shares. Major institutional owners include Vanguard Group Inc, BlackRock Inc, and State Street Corp. Prominent individual owners (insiders) include Benjamin John Kortlang, Jason Eichenholz, and Paul Ricci.