If we refocus on Luminar Technologies Inc. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are down -1.05% and -1.02% respectively in the last trading. Data shows LAZR’s intraday price has changed 11.93% in last session and -36.93% over the past year. (LAZR) and its peers suggest the former has performed considerably stronger. In the market, a comparison of Luminar Technologies Inc. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category. Turning to the stock’s technical picture we see that short term indicators suggest on average that LAZR is a 50% Buy. ![]() Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Wall Street analysts have also projected the company’s year-on-year revenue for 2022 to grow to $42.14 million, representing a 31.90% jump on that reported in the last financial year. The average forecast suggests up to a 1.40% growth in sales growth compared to quarterly growth in the same period last fiscal year. Per the data, EPS growth is expected to be -92.10% for 2023 and 11.00% for the next financial year.Īnalysts have a consensus estimate of $12.52 million for the company’s revenue for the quarter, with a low and high estimate of $12 million and $13 million respectively. Analysts project the company’s earnings per share (EPS) to be -$0.21, which has seen fiscal year 2022 EPS growth forecast to increase to -$0.73 and about -$0.65 for fiscal year 2023. Luminar Technologies Inc.’s market cap currently stands at around $2.97 billion, with investors looking forward to this quarter’s earnings report slated for – Mar 03, 2023. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.Ĭlick here for full details and to join for free. ![]() The trick is figuring out which small caps will be tomorrow's winners. ![]() In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. Do You Know The Best Place To Find Gains In Volatile Markets?
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