Added to YB: 2024-01-29
Pitch date: 2024-01-28
LAZR [bullish]
Luminar Technologies, Inc.
-99.14%
current return
Author Info
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Company Info
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.
Market Cap
$66.6M
Pitch Price
$40.95
Price Target
N/A
Dividend
N/A
EV/EBITDA
-2.10
P/E
-0.17
EV/Sales
5.88
Sector
Automobile Components
Category
growth
Show full summary:
Luminar Technologies: Full Speed Ahead
$LAZR at ATL but strong CES '24 presence, $4.4B fwd contracts w/ Volvo, Mercedes, Polestar. Q4 rev $27M from Polestar 4. '23 cash ~$300M, '24 rev target $150M+, '25 est. ~$500M = potential $3B mkt cap. Undervalued given coming growth & progress.
Read full article (4 min)