In the latest trading session, Luminar Technologies, Inc. (LAZR) closed at $1.24, marking a -8.15% move from the previous day. This move lagged the S&P 500's daily gain of 0.37%. On the other hand, the Dow registered a gain of 0.48%, and the technology-centric Nasdaq increased by 0.65%.
Shares of the company have depreciated by 34.15% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 0.54%, and the S&P 500's gain of 0.95%.
The investment community will be paying close attention to the earnings performance of Luminar Technologies, Inc. in its upcoming release. The company is slated to reveal its earnings on November 13, 2025. In that report, analysts expect Luminar Technologies, Inc. to post earnings of -$1.08 per share. This would mark year-over-year growth of 55%. Meanwhile, the latest consensus estimate predicts the revenue to be $17.59 million, indicating a 13.56% increase compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$4.79 per share and revenue of $69.91 million. These totals would mark changes of +48.16% and -7.28%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Luminar Technologies, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Luminar Technologies, Inc. is holding a Zacks Rank of #3 (Hold) right now.
The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 99, this industry ranks in the top 41% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Luminar Technologies, Inc. (LAZR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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