Tearsheet

Luminar Technologies (LAZR)


Market Price (9/18/2025): $2.4 | Market Cap: $117.8 Mil
Sector: Consumer Discretionary | Industry: Automotive Parts & Equipment

Luminar Technologies (LAZR)


Market Price (9/18/2025): $2.4
Market Cap: $117.8 Mil
Sector: Consumer Discretionary
Industry: Automotive Parts & Equipment

Investment Highlights

0  Weak multi-year price returns
2Y Excs Rtn is -145%, 3Y Excs Rtn is -159%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -282 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -389%
1   Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 292%
2   Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.2%, Rev Chg QQuarterly Revenue Change % is -5.0%
3   Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -297%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -303%
4   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -107%
5   High stock price volatility
Vol 12M is 118%
6   Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 24%
0 Weak multi-year price returns
2Y Excs Rtn is -145%, 3Y Excs Rtn is -159%
1 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -282 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -389%
2 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 292%
3 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.2%, Rev Chg QQuarterly Revenue Change % is -5.0%
4 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -297%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -303%
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -107%
6 High stock price volatility
Vol 12M is 118%
7 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 24%

Market Valuation

 9/18/252024202320222021
Share Price CYE$2.40$5.38$50.55$74.25$253.65
Market Cap CYE ($ Mil)117.8188.31,376.21,799.06,081.3
Total Debt ($ Mil)451.7534.6660.7635.1619.5
Total Cash ($ Mil)107.6182.7289.8488.9792.1
Enterprise Value ($ Mil)461.8722.92,036.92,434.16,700.8
Valuation Ratios     
P/S TTM1.62.218.843.3183.3
P/EBIT TTM-1.6-0.7-2.4-4.1-24.7
P/E TTM-1.0-0.6-2.3-4.0-24.6
Sector Ratios     
P/S TTM (Sector)0.80.80.90.81.3
P/EBIT TTM (Sector)7.26.97.05.57.4
P/E TTM (Sector)9.58.18.97.39.2
 9/18/2520242023
Share Price CYE$2.40$5.38$50.55
Market Cap CYE ($ Mil)117.8188.31,376.2
Total Debt ($ Mil)451.7534.6660.7
Total Cash ($ Mil)107.6182.7289.8
Enterprise Value ($ Mil)461.8722.92,036.9
Valuation Ratios   
P/S TTM1.62.218.8
P/EBIT TTM-1.6-0.7-2.4
P/E TTM-1.0-0.6-2.3
Sector Ratios   
P/S TTM (Sector)0.80.80.9
P/EBIT TTM (Sector)7.26.97.0
P/E TTM (Sector)9.58.18.9

Business Description

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. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
LAZR Return233%-50%-71%-32%-89%-55%-99%
Peers Return19%8%-8%21%9%26%96%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: PATK, VC, APTV, BWA, ALSN. See LAZR Returns vs. Peers.
[3] 2025 data is for the year up to 9/17/2025 (YTD)

Better Bets than Luminar Technologies (LAZR)

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Luminar Technologies (LAZR) Stock: 38% of days in last 3 months had 1% or greater fluctuation  
2Luminar Technologies Market PriceMarket Price 
3Luminar Technologies vs. Chegg: With Return Forecast Of 50%, Luminar Technologies Is A Better BetPeer Comparison 
4Luminar Technologies vs. E W Scripps: With Return Forecast Of 226%, Luminar Technologies Is A Better BetPeer Comparison 
5Luminar Technologies vs. Virgin Galactic: With Return Forecast Of 552%, Luminar Technologies Is A Better BetPeer Comparison 
6Luminar Technologies vs. Travelzoo: With Return Forecast Of 50%, Luminar Technologies Is A Better BetPeer Comparison 
7Luminar Technologies vs. FuelCell Energy: With Return Forecast Of 50%, Luminar Technologies Is A Better BetPeer Comparison 
8Luminar Technologies vs. Simulations Plus: With Return Forecast Of 50%, Luminar Technologies Is A Better BetPeer Comparison 
9Luminar Technologies vs. W&T Offshore: With Return Forecast Of 50%, Luminar Technologies Is A Better BetPeer Comparison 
10Luminar Technologies vs. Aclaris Therapeutics: With Return Forecast Of 50%, Luminar Technologies Is A Better BetPeer Comparison 
11ARTICLES  
12How Will Luminar Stock React To Upcoming Earnings? March 17th, 2025
13Why Luminar Stock May See Lower Levels Going Forward January 20th, 2022
14Will Luminar Stock Continue To Decline? November 24th, 2021
15Rising 13% Last Month, What’s Next For Luminar Stock? November 3rd, 2021
16What’s Happening With Luminar Stock? September 13th, 2021

Recent Active Movers

Recent Active Movers

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Peer Comparisons for Luminar Technologies

Financials

LAZRPATKVCAPTVBWAALSNMedian
NameLuminar .Patrick .Visteon Aptiv BorgWarn.Allison . 
Mkt Price2.40106.12125.0082.8844.1887.3285.10
Mkt Cap0.13.53.418.09.67.35.4
Rev LTM723,8173,82219,79414,0063,2003,819
Op Inc LTM-2822663432,0891,2921,000672
FCF LTM-2192343311,6571,000654492
FCF 3Y Avg-2603412421,341625646483
CFO LTM-2163444662,3421,582822644
CFO 3Y Avg-2484213662,1651,308794607

Growth & Margins

LAZRPATKVCAPTVBWAALSNMedian
NameLuminar .Patrick .Visteon Aptiv BorgWarn.Allison . 
Rev Chg LTM-5.2%6.1%-3.3%-1.0%-2.8%2.7%-1.9%
Rev Chg 3Y Avg27.3%-8.0%8.5%7.7%6.6%8.0%7.8%
Rev Chg Q-5.0%3.0%-4.4%3.1%-2.2%-0.2%-1.2%
QoQ Delta Rev Chg LTM-1.1%0.8%-1.2%0.8%-0.6%-0.1%-0.3%
Op Mgn LTM-388.8%7.0%9.0%10.6%9.2%31.2%9.1%
Op Mgn 3Y Avg-682.0%7.4%7.7%9.8%9.0%30.3%8.3%
QoQ Delta Op Mgn LTM109.1%-0.0%-0.0%0.1%0.1%-0.2%0.0%
CFO/Rev LTM-297.5%9.0%12.2%11.8%11.3%25.7%11.6%
CFO/Rev 3Y Avg-375.4%11.2%9.3%11.0%9.3%25.7%10.2%
FCF/Rev LTM-302.6%6.1%8.7%8.4%7.1%20.4%7.8%
FCF/Rev 3Y Avg-395.7%9.0%6.2%6.8%4.5%20.9%6.5%

Valuation

LAZRPATKVCAPTVBWAALSNMedian
NameLuminar .Patrick .Visteon Aptiv BorgWarn.Allison . 
Mkt Cap0.13.53.418.09.67.35.4
P/S1.60.90.90.90.72.30.9
P/EBIT-1.614.310.09.217.87.29.6
P/E-1.027.411.717.833.29.614.8
P/CFO-0.510.07.37.76.18.97.5
Total Yield-102.2%5.2%8.5%5.6%3.5%10.7%5.4%
Dividend Yield0.0%1.5%0.0%0.0%0.5%0.3%0.2%
FCF Yield 3Y Avg-69.1%16.1%8.2%7.3%8.0%10.1%8.1%
D/E3.80.40.10.50.40.30.4
Net D/E2.90.4-0.10.40.20.20.3

Returns

LAZRPATKVCAPTVBWAALSNMedian
NameLuminar .Patrick .Visteon Aptiv BorgWarn.Allison . 
1M Rtn11.6%-3.7%3.7%9.5%6.4%-1.2%5.0%
3M Rtn-17.0%18.8%37.9%22.5%33.2%-5.3%20.6%
6M Rtn-66.9%25.3%54.9%32.1%53.4%-11.7%28.7%
12M Rtn-80.2%15.8%33.9%18.0%36.2%-0.6%16.9%
3Y Rtn-98.2%254.4%-1.2%-11.1%41.4%158.8%20.1%
1M Excs Rtn9.3%-6.1%1.3%7.1%4.0%-3.6%2.7%
3M Excs Rtn-27.3%10.6%28.8%12.3%24.8%-16.8%11.4%
6M Excs Rtn-82.4%10.7%37.8%14.4%36.9%-27.8%12.5%
12M Excs Rtn-98.4%2.3%21.1%2.9%21.8%-16.6%2.6%
3Y Excs Rtn-158.9%162.6%-64.0%-77.5%-27.9%82.5%-46.0%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Autonomy Solutions4924281310
Advanced Technologies and Services (ATS)3829366
Eliminations-18-120-5-3
Total7041321413


Operating Income by Segment
$ Mil20242023202220212020
Advanced Technologies and Services (ATS)-50-29-0-00
Autonomy Solutions-514-413-214-87-63
Eliminations  -00 
Total-563-442-215-87-63


Assets by Segment
$ Mil20242023202220212020
Autonomy Solutions47464088351252
Advanced Technologies and Services (ATS)38471032
Eliminations  -9-4-3
Total51268788451052


Price Behavior

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity11,943,999
Short Interest: % Change Since 81520257.4%
Average Daily Volume4,014,646
Days-to-Cover Short Interest2.98
Basic Shares Quantity49,087,995
Short % of Basic Shares24.3%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/12/2025-15.6%-34.4%-41.2%
3/20/202533.0%-2.1%-39.2%
11/12/202410.8%-15.2%-51.0%
8/6/2024-37.4%-30.6%-35.6%
5/7/202418.8%16.4%-12.1%
2/27/2024-4.8%-12.4%-28.8%
11/8/2023-14.9%-9.5%-35.6%
8/8/2023-6.4%-9.2%-19.2%
...
SUMMARY STATS   
# Positive734
# Negative91312
Median Positive10.8%16.4%7.0%
Median Negative-5.7%-9.5%-32.2%
Max Positive33.0%39.8%12.3%
Max Negative-37.4%-34.4%-51.0%

SEC Filings

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Report DateFiling DateFiling
6302025813202510-Q 6/30/2025
3312025520202510-Q 3/31/2025
12312024328202510-K 12/31/2024
93020241118202410-Q 9/30/2024
6302024808202410-Q 6/30/2024
3312024510202410-Q 3/31/2024
12312023228202410-K 12/31/2023
93020231109202310-Q 9/30/2023
6302023808202310-Q 6/30/2023
3312023510202310-Q 3/31/2023
12312022228202310-K 12/31/2022
93020221104202210-Q 9/30/2022
6302022809202210-Q 6/30/2022
3312022506202210-Q 3/31/2022
12312021301202210-K 12/31/2021
93020211115202110-Q 9/30/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Heng Jun Hong 12262024Sell5.1072,842371,254 Form