LAZR - Luminar Technologies, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$86.00
DETAILS
HIGH:
$315.00
LOW:
$3.00
MEDIAN:
$18.00
CONSENSUS:
$86.00
UPSIDE:
138163.67%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 66.0 | 75.4 | 69.8 | 40.7 | 31.9 | 14.0 | 12.6 | 11.7 |
| Cost of Revenue | 0 | 101.1 | 142.5 | 101.0 | 46.1 | 25.0 | 16.7 | 10.9 |
| Gross Profit | 0 | (25.7) | (72.7) | (60.3) | (14.1) | (11.0) | (4.1) | 0.8 |
| Operating Expenses | ||||||||
| R&D Expenses | 137.6 | 231.7 | 262.2 | 185.3 | 88.9 | 38.7 | 37.0 | 40.1 |
| SG&A Expenses | 42.6 | 161.3 | 212.9 | 196.8 | 111.5 | 37.2 | 21.6 | 0.0 |
| Other Expenses | 38.4 | 16.4 | 15.5 | 0 | 0 | 0 | 0 | (0.0) |
| Operating Expenses | 218.6 | 409.3 | 490.6 | 382.1 | 200.4 | 75.9 | 58.6 | 0.0 |
| Operating Income | ||||||||
| Operating Income | (296.8) | (435.0) | (563.3) | (442.4) | (214.6) | (86.9) | (62.6) | (0.0) |
| Interest Expense | (48.2) | 27.0 | 11.0 | 11.1 | 2.0 | 2.9 | 2.2 | 0 |
| Interest Income | 4.5 | 10.4 | 13.1 | 5.7 | 2.5 | 0 | 0.7 | 2.6 |
| Profitability | ||||||||
| EBITDA | (296.8) | (380.5) | (524.9) | (422.4) | (229.4) | (356.6) | (94.9) | (0.0) |
| EBIT | 0 | (414.2) | (558.5) | (434.2) | (237.2) | (359.1) | (97.2) | (64.2) |
| Income Before Tax | (319.6) | (273.9) | (569.6) | (445.3) | (239.2) | (362.3) | (94.7) | (0.0) |
| Income Tax Expense | 0.3 | (0.7) | 1.7 | 0.7 | (1.3) | 0 | 0 | 0 |
| Net Income | (378.1) | (273.1) | (571.3) | (445.9) | (238.0) | (362.3) | (94.7) | (0.0) |
| Per Share Data | ||||||||
| EPS (Basic) | -6.33 | -8.70 | -22.01 | -18.78 | -10.31 | -17.09 | -4.49 | -0.00 |
| EPS (Diluted) | -6.33 | -8.70 | -22.01 | -18.78 | -10.31 | -17.09 | -4.49 | -0.00 |
| Shares Outstanding | 597.0 | 31.4 | 26.0 | 23.8 | 23.1 | 21.6 | 21.6 | 21.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 20.3 | 82.8 | 139.1 | 69.6 | 330.0 | 208.9 | 27.1 | 0.1 |
| Short-Term Investments | 2.6 | 99.8 | 150.7 | 419.3 | 462.1 | 276.7 | 6.7 | 0 |
| Net Receivables | 6.0 | 37.2 | 31.6 | 31.8 | 25.7 | 8.2 | 1.7 | 2.5 |
| Inventory | 6.7 | 14.9 | 12.2 | 8.8 | 10.3 | 3.6 | 4.0 | 2.9 |
| Other Current Assets | 21.5 | 2.2 | 1.5 | 9.5 | 2.5 | 0.8 | 1.2 | 2.0 |
| Total Current Assets | 56.9 | 245.2 | 350.6 | 554.6 | 845.4 | 500.8 | 41.5 | 0.1 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 49.1 | 83.8 | 109.0 | 51.5 | 20.2 | 7.7 | 7.9 | 8.4 |
| Goodwill | 1.8 | 4.0 | 7.4 | 18.8 | 3.1 | 0.7 | 0.7 | 0.7 |
| Intangible Assets | 10.0 | 15.6 | 23.0 | 22.1 | 2.4 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 10 | 14 | 4 | 10.0 | 0 | (0.0) | 0 |
| Other Non-Current Assets | 13.6 | 6.7 | 8.4 | 36.3 | 12.5 | 1.2 | 1.8 | (8.7) |
| Total Non-Current Assets | 74.4 | 120.0 | 161.7 | 132.7 | 38.1 | 9.5 | 10.4 | 0.4 |
| Total Assets | 131.3 | 365.2 | 512.4 | 687.3 | 883.5 | 510.4 | 51.9 | 0.5 |
| Current Liabilities | ||||||||
| Account Payables | 4.7 | 19.0 | 21.1 | 18.6 | 14.4 | 6.0 | 3.5 | 0 |
| Short-Term Debt | 112.9 | 0 | 0 | 0 | 4.8 | 0.1 | 7.8 | 0.1 |
| Deferred Revenue | 0 | 1.9 | 11.9 | 9.5 | 0.9 | 2.3 | 0.2 | (3.8) |
| Other Current Liabilities | 24.2 | 0.8 | 4.2 | 3.6 | (2.8) | 3.6 | 2.3 | (7.3) |
| Total Current Liabilities | 137.1 | 60.6 | 83.9 | 77.5 | 39.0 | 16.6 | 14.8 | 0.5 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 3.7 | 500.5 | 615.4 | 612.2 | 609.0 | 0.3 | 1.6 | 131.9 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0.2 | 0.8 | 2.7 | 7.0 | 31.8 | 344.2 | 247.0 | 2.1 |
| Total Non-Current Liabilities | 3.9 | 525.4 | 653.2 | 636.2 | 646.6 | 345.0 | 248.8 | 134.1 |
| Total Liabilities | 141.0 | 586.0 | 737.1 | 713.7 | 685.6 | 361.6 | 263.6 | 0.5 |
| Stockholders' Equity | ||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (2,479.1) | (2,112.8) | (1,839.7) | (1,268.4) | (822.5) | (584.5) | (222.2) | (0.0) |
| Accumulated Other Comprehensive Income | (0.5) | (0.3) | 0.0 | (4.2) | (0.9) | 0.0 | (0.0) | 0 |
| Total Stockholders' Equity | (9.6) | (220.8) | (224.7) | (26.4) | 198.0 | 148.7 | (211.7) | 0.0 |
| Total Liabilities & Equity | 131.3 | 365.2 | 512.4 | 687.3 | 883.5 | 510.4 | 51.9 | 0.5 |
| Debt Metrics | ||||||||
| Total Debt | 116.6 | 534.6 | 660.7 | 635.1 | 624.3 | 0.9 | 9.8 | 0.1 |
| Net Debt | 96.4 | 451.8 | 521.6 | 565.6 | 294.3 | (208.1) | (17.3) | 0.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | (354.6) | (273.1) | (571.3) | (445.9) | (238.0) | (362.3) | (94.7) | (0.0) |
| Depreciation & Amortization | 17.9 | 33.8 | 33.6 | 11.8 | 7.9 | 2.5 | 2.3 | 1.5 |
| Stock-Based Compensation | 8.7 | 139.1 | 207.1 | 162.4 | 77.7 | 8.7 | 2.7 | 2.1 |
| Change in Working Capital | 0 | (40.0) | (11.6) | 5.9 | (39.9) | (1.9) | (2.5) | (0.1) |
| Other Non-Cash Items | 130.2 | (135.8) | 94.9 | 57.4 | 45.2 | 277.4 | 32.0 | 16.6 |
| Operating Cash Flow | (197.8) | (276.6) | (247.3) | (208.2) | (148.4) | (75.6) | (60.2) | (0.1) |
| Investing Activities | ||||||||
| Capital Expenditure | (1.7) | (5.1) | (21.9) | (18.1) | (6.4) | (2.2) | (1.5) | (4.4) |
| Acquisitions | 0.2 | (3.5) | (12.6) | (2.8) | 0.4 | 0 | 0.4 | 0 |
| Purchases of Investments | (54.3) | (130.4) | (301.5) | (404.6) | (716.9) | (315.9) | (6.9) | 0 |
| Sales/Maturities of Investments | 151.7 | 181.4 | 572.6 | 455.4 | 528.8 | 45.7 | 0.2 | 0 |
| Other Investing Activities | 1.1 | 0.1 | 0 | (2.0) | 0.1 | 0.6 | 0 | 0 |
| Investing Cash Flow | 97.1 | 42.5 | 236.6 | 28.0 | (194.2) | (271.8) | (7.8) | (4.4) |
| Financing Activities | ||||||||
| Net Debt Issuance | 0 | 89.2 | 0 | 0 | 609.0 | (11.2) | 22.1 | 67.8 |
| Stock Repurchased | 0 | 0 | 0 | (80.9) | (231.6) | (0.0) | (0.0) | (0.0) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 36.6 | (0.3) | 10.0 | 1.5 | 86.2 | 357.2 | 63.4 | (67.7) |
| Financing Cash Flow | 36.6 | 178.3 | 80.2 | (79.4) | 463.6 | 529.9 | 85.5 | 0.2 |
| Cash Position | ||||||||
| Net Change in Cash | (64.1) | (55.9) | 69.5 | (259.6) | 121.0 | 182.4 | 17.5 | (4.3) |
| Cash at Beginning | 84.7 | 140.6 | 71.1 | 330.7 | 209.7 | 27.3 | 9.8 | 4.4 |
| Cash at End | 7.9 | 84.7 | 140.6 | 71.1 | 330.7 | 209.7 | 27.3 | 0.1 |
| Free Cash Flow | (199.5) | (281.7) | (269.2) | (226.3) | (154.9) | (77.8) | (61.7) | (4.5) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 66.0 | 75.4 | 69.8 | 40.7 | 31.9 | 14.0 | 12.6 | 11.7 |
| Gross Profit | 0 | (25.7) | (72.7) | (60.3) | (14.1) | (11.0) | (4.1) | 0.8 |
| Operating Income | (296.8) | (435.0) | (563.3) | (442.4) | (214.6) | (86.9) | (62.6) | (0.0) |
| Net Income | (378.1) | (273.1) | (571.3) | (445.9) | (238.0) | (362.3) | (94.7) | (0.0) |
| EPS (Diluted) | -6.33 | -8.70 | -22.01 | -18.78 | -10.31 | -17.09 | -4.49 | -0.00 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 20.3 | 82.8 | 139.1 | 69.6 | 330.0 | 208.9 | 27.1 | 0.1 |
| Total Assets | 131.3 | 365.2 | 512.4 | 687.3 | 883.5 | 510.4 | 51.9 | 0.5 |
| Total Debt | 116.6 | 534.6 | 660.7 | 635.1 | 624.3 | 0.9 | 9.8 | 0.1 |
| Stockholders' Equity | (9.6) | (220.8) | (224.7) | (26.4) | 198.0 | 148.7 | (211.7) | 0.0 |
| Cash Flow | ||||||||
| Operating Cash Flow | (197.8) | (276.6) | (247.3) | (208.2) | (148.4) | (75.6) | (60.2) | (0.1) |
| Capital Expenditure | (1.7) | (5.1) | (21.9) | (18.1) | (6.4) | (2.2) | (1.5) | (4.4) |
| Free Cash Flow | (199.5) | (281.7) | (269.2) | (226.3) | (154.9) | (77.8) | (61.7) | (4.5) |