Luminar Technologies Stock Plummets -77% With 5-Day Losing Streak
Luminar Technologies (LAZR) stock hit day 5 of a continuous streak of days with losses, with cumulative losses over this period amounting to a -77% return. The company has lost about $52 Mil in value over the last 5 days, with its current market capitalization at about $15 Mil. The stock remains 95.9% below its value at the end of 2024. This compares with year-to-date returns of 15.2% for the S&P 500.
Luminar Technologies’ recent streak reflects its Chapter 11 bankruptcy filing on December 15, spurred by the loss of a major Volvo contract in November 2025 and persistent cash burn. Despite promising LiDAR tech, ongoing execution issues and a substantial debt burden led to insolvency, forcing asset sales like its LSI subsidiary for $110 million.
What is the point? Sustained weakness can be more than noise. It often signals shifting sentiment or deeper concerns. A multi-day losing streak may warn of further downside, or present an opportunity to buy if fundamentals are intact. Our take: There are several things to fear in LAZR stock given its overall Weak operating performance and financial condition. This is aligned with the stock’s Very Low valuation because of which we think it is Fairly Priced (see Buy or Sell LAZR).
For quick background, LAZR provides sensor technologies and software for passenger cars and trucks, with segments in autonomy solutions and ultra-sensitive pixel-based sensor components.
Comparing LAZR Stock Returns With The S&P 500
The following table summarizes the return for LAZR stock vs. the S&P 500 index over different periods, including the current streak:
| Return Period | LAZR | S&P 500 |
|---|---|---|
| 1D | -2.7% | 0.8% |
| 5D (Current Streak) | -77.2% | -1.8% |
| 1M (21D) | -74.6% | 2.4% |
| 3M (63D) | -90.4% | 1.7% |
| YTD 2025 | -95.9% | 15.2% |
| 2024 | -89.4% | 23.3% |
| 2023 | -31.9% | 24.2% |
| 2022 | -70.7% | -19.4% |
Gains and Losses Streaks: S&P 500 Constituents
There are currently 24 S&P constituents with 3 days or more of consecutive gains and 60 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 14 | 39 |
| 4D | 4 | 6 |
| 5D | 1 | 10 |
| 6D | 0 | 4 |
| 7D or more | 5 | 1 |
| Total >=3 D | 24 | 60 |
Key Financials for Luminar Technologies (LAZR)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $69.8 Mil | $75.4 Mil |
| Operating Income | $-547.8 Mil | $-418.6 Mil |
| Net Income | $-571.3 Mil | $-273.1 Mil |
Last 2 Fiscal Quarters:
| Metric | 2025 FQ2 | 2025 FQ3 |
|---|---|---|
| Revenues | $15.6 Mil | $18.7 Mil |
| Operating Income | $-38.3 Mil | $-63.9 Mil |
| Net Income | $-22.9 Mil | $-85.8 Mil |
The losing streak LAZR stock is currently on doesn’t inspire much confidence among investors. In contrast, Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.