Luminar Technologies, Inc.

Luminar Technologies, Inc.

LAZR·NASDAQ

$0.90

-7.2%
Consumer CyclicalAuto - Parts

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.

At a Glance

Live Snapshot
Market Cap$65.92M
EPS-8.7000
P/E Ratio-0.62
Earnings Date03/19/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -0.6).

Valuation inputs: P/E -0.6, earnings yield N/A, momentum -7.2%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +1.2%, ROIC -1.4%).

Profitability stack: net margin -3.6%, ROE +1.2%, ROIC -1.4%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +160.5%, momentum -7.2%, net margin -3.6%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Luminar Technologies, Inc. Market vs Earnings Trajectory

LAZR · NASDAQ

Loading price and EPS data...

Luminar Technologies, Inc.

Luminar Technologies, Inc. Fair Value Envelope

LAZR · NASDAQ

Our analysis suggests that LAZR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $0.9032, this represents a potential HIDDEN relative to our calculated worth for Luminar Technologies, Inc..

Intrinsic Value
Current Price: $0.9032
3Y-16.0%
5Y+94.0%
10Y+869900.0%
3Y+136.0%
5Y+498.0%
10Y+545.0%
3Y+15.0%
5Y+188.0%
10Y+1242293.0%
3Y+86.0%
5Y+360.0%
10Y+225700.0%
3Y+82.0%
5Y+357.0%
10Y+6146.0%
3Y-59.0%
5Y+604.0%
10Y+74454.0%
Luminar Technologies, Inc.

Luminar Technologies, Inc. Profit Bridge

LAZR · NASDAQ
Revenue75.39M
Cost of Goods Sold (101.08M)
Gross Profit-25.69M
Operating Expenses (409.35M)
Operating Income-435.04M
Interest Expense (27.03M)
Other Income/Expense161.15M
Pretax Income-273.88M
Income Tax (-743.00K)
Net Income-273.14M
Net Income
-273.14M

Profitability Analysis

Gross Margin

-34.1%

Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.

Operating Margin

-577.0%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-362.3%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

-34.07%
Gross Profit Margin
-67%
3Y-23.0%
5Y+6.0%
10Y-629.0%
-577.01%
Operating Profit Margin
-29%
3Y-14.0%
5Y+16.0%
10Y+306820.0%
-362.28%
Net Profit Margin
-56%
3Y-51.0%
5Y-52.0%
10Y+192601.0%
123.71%
Return on Equity
-51%
3Y-203.0%
5Y+177.0%
10Y-117.0%
-74.79%
Return on Assets
-33%
3Y+178.0%
5Y-59.0%
10Y+1566.0%
-137.88%
Return on Invested Capital
7%
3Y+452.0%
5Y-3.0%
10Y+1380.0%
LAZR

Luminar Technologies, Inc. Cash Conversion Engine

LAZR · NASDAQ
Net Income-273.14M
Depreciation & Amortization33.75M
Stock-Based Compensation139.13M
Change in Working Capital-40.01M
Others-135.79M
Capital Expenditures-5.09M
Free Cash Flow-281.72M

Cash Flow Quality Analysis

FCF Conversion Rate

103.1%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-1.8%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-4.6%

Flat FCF growth. Stable but not expanding—monitor for signs of business maturity or temporary headwinds.

Working Capital Impact

-$40.01M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

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Luminar Technologies, Inc. Funding & Solvency Profile

LAZR · NASDAQ
Cash & Cash Equivalents54.48M
Net Receivables14.32M
Inventory16.10M
Other Current Assets17.76M
Total Current Assets122 M
Property, Plant & Equipment54.91M
Goodwill & Intangible Assets12.74M
Long-Term Investments0.00
Other Non-Current Assets13.70M
Total Non-Current Assets69 M
Total Assets
203.52M

Financial Health Analysis

Current Ratio

1.95x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Working Capital

60 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

60% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

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Luminar Technologies, Inc. Street Expectations Map

LAZR · NASDAQ

Wall Street analysts project that LAZR stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 4.00, with estimates ranging from a low of 4.00 to a high of 4.00.

Lowest Target
4.00
342.87%
Consensus Target
4.00
342.87%
Highest Target
4.00
342.87%

The consensus 1-year price target stands at 4.00, with estimates ranging from a low of 4.00 to a high of 4.00.

Analyst Consensus Analysis

Upside Potential

+342.9%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Luminar Technologies, Inc. Insider Positioning

LAZR · NASDAQ

During the last 12 months, insiders have sold $794K worth of LAZR shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

239.2K

794.12K

Net Activity

-794K

-$794K

Top Buyers

No buying activity

Top Sellers

1
RP

Ricci Paul

Director, Officer: Chief Executive Officer

239.2K shares1 transactions

$794K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $794K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

1 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

8.53%
Dividend Yield
3Y-
5Y-
10Y-
 

lazr Dividend History

LAZR
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%