LAZR stocks went up by 48.69% for the week, with a monthly jump of 235.33% and a quarterly performance of 171.62%, while its annual performance rate touched 238.99%. Embed . Real time Luminar Technologies, Inc. (LAZR) stock price quote, stock graph, news & analysis. Marty Shtrubel on TipRanks | January 19, 2021. The laser sensor technology is used by many top-tier players hoping to commercialize driverless vehicles, including Google parent Alphabet Inc.’s Waymo unit and General Motors Co.’s Cruise division.Shares of lidar makers jumped on Bloomberg’s report. Accordingly, Richard downgraded LAZR from Outperform (i.e. Velodyne Lidar Inc. climbed as much as 4.7% to $21.89. (See LAZR stock analysis on TipRanks) To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. It has oscillated between 1 and 2. LAZR Stock News. More recent articles from Smarter Analyst: Gray Television Gains 5.3% On $925M Takeover Bid For Quincy Media EU Sets March Deadline On Microsoft’s $7.5B Deal To Buy ZeniMax Thermo Fisher Reports Better-Than-Expected Earnings Results XPeng’s EV Deliveries Pop 470% In January; Shares Surge 6% Pre-Market, Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGS - NasdaqGS Real Time Price. Change the date range, see whether others are buying or selling, read news, get earnings results, and compare Luminar Technologies … © 2021 Verizon Media. Marty Shtrubel on TipRanks | February 1, 2021. Lafferty’s Jaime Perez. Overall, it’s been a busy month for Luminar since it began trading under the LAZR stock ticker on Dec. 2. We have 9 different ratings for every stock to help you The volatility ratio for the week stands at 23.31% while the volatility levels for the past 30 days are set at 13.84% for Luminar Technologies. Real-time trade and investing ideas on Luminar LAZR from the largest community of traders and investors. Webull offers LAZR stock news, real time Luminar Technologies Inc news help you invest smart. LAZR stock trades at 814.81 times forward price-to-sales. That’s been doubly true for auto-tech names. This has widespread implications, because — as we noted earlier this month — Apple won’t build the Apple Car by itself. Here's what Wien told Yahoo Finance Live. Further, Luminar Technologies, Inc. (LAZR) has a beta value of 0, and … Trending now . Real-time trade and investing ideas on Luminar LAZR from the largest community of traders and investors. Russell serves as a senior adviser of COVA.Youthful Founder to Have Full Control When Luminar Goes Public“We currently intend to focus our efforts on identifying high growth technology and tech-enabled businesses in Southeast Asia in the consumer internet, e-commerce and software industries,” COVA said in a filing on Jan. 30.The company’s directors include prominent Indonesian investor Pandu Sjahrir and Alvin Widarta Sariaatmadja, an executive at PT Elang Mahkota Teknologi, an Indonesian media and technology conglomerate.Cantor Fitzgerald is acting as the sole book-running manager for the offering.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. Overall, it’s been a busy month for Luminar since it began trading under the LAZR stock ticker on Dec. 2. That said, this has not been a market where valuation concerns have been paramount. That’s an indication that a finished product is still several years away.An Apple spokesman declined to comment.Read more: With Robotaxis Still a Distant Dream, Lidar Makes Itself UsefulAt least a half-dozen lidar companies have gone public via reverse merger in recent months -- raising hundreds of millions of dollars by seizing on investor appetite for a bet on future demand for high-tech cars. LAZR News Highlights. LAZR stock surged once the company reached the market and then fell for half a week or so before partially recovering its loss. Richard estimates that by 2025, the total auto lidar market will be worth $2.5 billion, which means the lidar makers’ combined valuation points to a “high level of speculation around the lidar market.” “While the combined market cap may go to 20x or 100x the market opportunity 10 years out,” Richard summed up, “There comes a point when valuation matters.” Overall, Wall Street is torn between the bullish camp and the analysts who opt to hedge their bets on the lidar-sensor maker. View breaking news headlines for LAZR stock from trusted media outlets at MarketBeat. (Bloomberg) -- An investor behind autonomous-vehicle technology developer Luminar Technologies Inc. is now seeking a merger target in Southeast Asia after raising about $300 million via a blank-check firm.Jun Hong Heng’s special purpose acquisition company COVA Acquisition Corp. increased its initial public offering from about $250 million and is on the way to combine with an internet company in the region that includes markets such as Indonesia and Singapore. Underwriters' granted an option to purchase an... Luminar Technologies (LAZR) went public through a SPAC merger with Gores Metropoulos in early December, and hardly any Wall Street analysts were covering the stock initially. View breaking news headlines for LAZR stock from trusted media outlets at MarketBeat. This leads me to believe that someone large is short selling the stock right now. The stock market is known to be forward-looking, often valuing companies on future possibilities. The stock’s range so far is $9.45 to $47.80. “The sensing component is able to determine where the vehicle is located in the world and can identify and track surrounding objects, such as other vehicles, pedestrians, and bicyclists,” Apple said at the time. Among those suppliers, Luminar Technologies (NASDAQ:LAZR) stock has perhaps the most intriguing story. Luminar 35.53 … S&P 500 3,931.33 (-0.03%) DOW 31,613.02 (+0.29%) QQQ 333.93 (-0.48%) AAPL 130.84 (-1.76%) MSFT 244.20 (+0.44%) FB 273.57 ( … LAZR's 30 day story count now stands at 13. The stock market is known to be forward-looking, often valuing companies on future possibilities. The Public Warrants are exercisable for an aggregate of 13,333,309 shares of Class A Common Stock at a price of $11.50 per share, representing a total of approximately $153.3 million in potential proceeds to Luminar. All 'A' Rated Buy Stocks, Luminar Backer’s $300 Million SPAC Seeks Southeast Asia Target, Luminar to Redeem Public Warrants; Expects to Receive Up to $153 Million, Luminar Stock Has Soared Too High, Too Soon, Luminar, Velodyne shares gain as lidar deals, EV rally continue, The Bull Run on North American Markets Continues for Now, Consumer focused SPAC Gores Metropoulos II opened at $11.26, raised $400M in IPO, Is Now the Time to Pull the Trigger on Luminar Stock? Latest LAZR News From Around the Web. All rights reserved. Growth stocks can be more volatile than other types of stocks. LAZR. It is very important to do your own analysis before making any investment. Looking to buy Luminar Technologies stock? You can unlock it all now. LAZR, Luminar TechnologiesCl A - Stock quote performance, technical chart analysis, SmartSelect Ratings, Group Leaders and the latest company headlines Luminar TechnologiesCl A Stock Quote: LAZR Stock News, Quotes, Analysis | Investors.com Luminar went public via a $3.4 billion merger with blank-check company Gores Metropoulos Inc. last year. PRNewswire Dec 11, 2020 4 Must-Watch Penny Stocks To Buy Under $3; 1 … Lafferty’s Jaime Perez. Click here now. Latest Share Price and Events. Get Free Stock . Get the stock price and latest news for LAZR and start trading today with zero commissions. When all is said and done, it's very likely that Luminar LiDAR will be in the Apple Car, so buy LAZR stock before this big deal is announced.More From Hypergrowth Investing FuboTV Stock Is … Find real-time LAZR - Luminar Technologies Inc stock quotes, company profile, news and forecasts from CNN Business. Get the latest Luminar Technologies (LAZR) stock price quote with real-time news, financials, charts and other important investing information. Press Release reported on 02/12/21 that Luminar Strengthens Board of Directors with Two New Leaders. LAZR stock surged once the company reached the market and then fell for half a week or so before partially recovering its loss. View the real-time LAZR price chart on Robinhood and decide if you want to buy or sell commission-free. Get the latest Luminar Technologies, Inc. (LAZR) stock news and headlines to help you in your trading and investing decisions. The technical evaluation for the stock shows the PEG ratio is 0, with LAZR’s current price about -3.8% and -0.16% off the 20-day and 50-day simple moving averages respectively. To see all exchange delays and terms of use, please see disclaimer. Luminar Technologies Inc. (NASDAQ:LAZR) went down by -5.83% from its latest closing price compared to the recent 1-year high of $47.80. Just click the link LAZR Stock and the SPAC Merger. COVA is set to start trading on the Nasdaq on Friday, it said in a statement.Heng is the founder and chief investment officer of San Francisco-based Crescent Cove Advisors LP, which backs high-growth technology, media and telecommunications ventures in the U.S. and Southeast Asia.Crescent Cove was one of the earliest and largest i... Luminar Technologies, Inc. (Nasdaq: LAZR; LAZRW) ("Luminar" or the "Company"), the global leader in automotive lidar hardware and software technology, today announced that holders of its 13,333,309 outstanding public warrants (the "Public Warrants") to purchase shares of its Class A common stock, $0.0001 par value per share (the "Class A Common Stock") will have until 5:00 p.m., New York City time, on March 5, 2021 to exercise their Public Warrants. Accordingly, Richard downgraded LAZR from Outperform (i.e. Volatility Over Time: Insufficient data to determine LAZR's volatility change over the past year. View breaking news headlines for LAZR stock from trusted media outlets at MarketBeat. LAZR Luminar $37.30 / +3.59 (+10.65%) 01/26/21 Northland Luminar downgraded to Market Perform from … Change the date range, see whether others are buying or selling, read news, get earnings results, and compare Luminar Technologies against related stocks people have also bought. Investors should note two points of strength that Luminar has as the result of merging with special purpose acquisition company (SPAC) Gores Metropoulos. The most mentioned tickers in articles about LAZR are. It has discussed car manufacturing options with Hyundai group sister companies Hyundai Motor Co. and Kia Motors Corp., but those discussions paused several weeks ago. Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. The most mentioned tickers in articles about LAZR are CAMP, GRAY and MET. Buy Luminar (LAZR) Stock Because $41 Is Around the Corner, Says Analyst Riding the coattails of two very voguish 2020 trends – SPAC mergers and new vehicle tech – it... Marty Shtrubel Dec 16, 2020 Lidar stocks Lumiar Technologies (LAZR) and Velodyne Lidar (VLDR) are trading up 7% and 3%, respectively, after new deal announcements and amid another rally for electric vehicle stocks.EV-related stocks have rallied this week as President Biden reiterated his plan to switch the federal vehicle fleet to electric vehicles and outlined his... As the top auto manufacturers move forward to full autonomous driving ambitions, the technology suppliers are becoming more appealing investments. The two carmakers recently said they are not in talks with Apple.Read more: Who Will Build the Apple Car? Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. We believe one such vendor could be LiDAR The stock’s range so far is $9.45 to $47.80. Here Are Candidates to WatchFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. (Bloomberg) -- An investor behind autonomous-vehicle technology developer Luminar Technologies Inc. is now seeking a merger target in Southeast Asia after raising about $300 million via a blank-check firm.Jun Hong Heng’s special purpose acquisition company COVA Acquisition Corp. increased its initial public offering from about $250 million and is on the way to combine with an internet company in the region that includes markets such as Indonesia and Singapore. LUMINAR TECHNOLOGIES A AKTIE und aktueller Aktienkurs. Ratings...FREE! 5 bulldozerInvesting 2/8/21, 04:27 PM (To watch Richard’s track record, click here) That’s not to say Richard doesn’t like the company; the 5-star analyst still thinks Luminar “will likely be the automotive lidar leader,” and says the company has the “best technology and the cost reduction path.” However, it is still early days, and Luminar remains a year and a half away from “volume production.” “In our experience,” Richard notes, “There are many a slip between cup and lip, and there will likely be a better entry point. Get Luminar Technologies, Inc.'s stock price today. Investors could be pocketing gains of 27%, should Perez’ thesis play out accordingly over the next 12 months. S&P 500 0.00%. Get Luminar Technologies Inc (LAZR:NASDAQ) real-time stock quotes, news, price and financial information from CNBC. Luminar Technologies, Inc. Class A Common Stock (LAZR) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. A high-level overview of Luminar Technologies, Inc. (LAZR) stock. LAZR | Complete Luminar Technologies Inc. stock news by MarketWatch. Explore commentary on … Luminar Technologies (LAZR) went public through a SPAC merger with Gores Metropoulos in early December, and hardly any Wall Street analysts were covering the stock initially. Just enter your email address below. We estimate the automotive Lidar market will be $2.5B in CY25. View detailed financial information, real-time news, videos, quotes and analysis on Luminar Technologies, Inc. Class A (NASDAQ:LAZR). NASDAQ 0.00%. Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com! Market … View real-time stock prices and stock quotes for a full financial overview. View Luminar Technologies stock trends here About LAZR. Illiquidity is an inherent risk associated with investing in real estate and REITs. Over the past 12 months, investor optimism toward electric and autonomous vehicles has expanded from manufacturers to suppliers. The Relative Strength Index (RSI, 14) currently prints 48.83, while 7-day volatility ratio is 9.7% and 9.76% in the 30-day chart. Luminar (LAZR) stock surges on Apple's self-driving vehicle plans; rival Ouster reveals $1.9B SPAC merger Value stocks can continue to be undervalued by the market for long periods of time. Luminar Technologies Inc. rose as much as 8.9% to $35.75, reversing earlier declines. The […]. Find real-time LAZR - Luminar Technologies Inc stock quotes, company profile, news and forecasts from CNN Business. Intraday data delayed at least 15 minutes or per exchange requirements. Collectively, the 5 companies command a total market cap of $24.5 billion. Stable Share Price: LAZR is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 23% a week. Apple shares rose 0.8% to $130.71 at 11:03 a.m. New York time.Benjamin Lyon, a key Apple manager who oversaw work on self-driving car hardware, left the company earlier this week for a space and satellite startup. The Stock rose vividly during the last session to $40.15 after opening rate of $38.80 while the lowest price it went was recorded $35.16 before closing at $37.73. $LAZR stockinvest.us Given the current short-term trend, the stock is expected to rise 74.96% during the next 3 months and, with a 90% probability hold a price between $56.78 and $102.71 at the end of this 3-month period. What's going on at Luminar Technologies (NASDAQ:LAZR)? Luminar Technologies, Inc. is an autonomous vehicle sensor and Lidar technology company, which … The latest to join the fray is R.F. However, fast forward to mid-January and the lidar maker is a buzzy name which has quickly gathered a growing list of investment firms eyeing its progress. Over the past 17 days, the trend for LAZR's stories per day has been choppy and unclear. That compares to Waymo, which drove 628,839 miles and needed a human driver to take over every 30,000 or so miles, and Cruise, which drove 770,000 total miles with a disengagement every 28,520 miles.Even as Apple seeks suppliers, it also is in talks about potential manufacturing and other outsourcing partnership deals with several different automakers. Price/Sales: Latest closing price divided by the last 12 months of revenue/sales per share. But it still seems reasonable, considering it’s a … Buy) to Market Perform (i.e., Hold). The ongoing discussions are a sign that Apple has yet to settle on a preferred supplier for lidar and that it’s likely mulling a range of options, including a heavily customized version of the sensors, as it moves toward developing a car design. Apple (NASDAQ:AAPL) is going forward with mass-producing an all-electric, self-driving Apple Car. Looking at the case of Luminar Technologies (LAZR), Northland analyst Gus Richard believes the lidar maker’s valuation has just crossed that threshold. Many companies that, like Luminar, went public via SPACs (special purpose acquisition companies) have seen their... Tesla shares look fully valued to investing legend Byron Wien of Blackstone. At a current price of $31, Luminar has a market capitalization over $10 billion. Real time LAZARD (LAZ) stock price quote, stock graph, news & analysis. DOW 0.00%. See Recently in News on February 12, 2021, Luminar Strengthens Board of Directors with Two New Leaders. (Bloomberg) -- Apple Inc. is in discussions with multiple suppliers of self-driving car sensors known as lidar, according to people familiar with the matter, a key milestone toward development of its first passenger vehicle.The Cupertino, California-based technology giant is in active talks with a number of potential suppliers for these laser-based sensors that allow a car’s computer to “see” its surroundings, said the people, who asked not to be identified due to the private nature of the discussions.