luminar tech stock price

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SPAC IPOs are the new trend for 2020. The Luminar Technologies IPO brings another company that’s promising it’s a part of the future of the auto industry. That’s hard to say, exactly. 30 : 50 : Products. It then climbed 82% in three days to close at an all-time high of US$41.80 on 08 December. WhatsApp . Get 's stock price today. The vehicle sensor maker went public on 03 December 2020 via a reverse merger with a special-purpose acquisition company (SPAC), finishing at US$22.98. It operates through the following segments: Autonomy Solutions and Other Component Sales. LAZR: Get the latest Luminar Technologies stock price and detailed information including LAZR news, historical charts and realtime prices. Request Access. We even understand what "dark" objects are at night, like a black car or a tire on the road that has minimal reflectivity. LAZR stock price forecast. Get today's Luminar stock price and latest LMR news as well as Luminar real-time stock quotes, technical analysis, full financials and more. Pinterest. The Autonomy Solutions segment engages in … Luminar Technologies, Inc. is an autonomous vehicle sensor and Lidar technology company, which designs, builds, and sells long-range lidar products that address the requirements of global automotive OEMs and technology companies for autonomous driving. "Luminar represents a rare opportunity to invest in the leading player in autonomous-driving technology for cars and trucks," Metropoulos Chief Executive Alec Gores said. Get Luminar Technologies Inc (LAZR:NASDAQ) real-time stock quotes, news and financial information from CNBC. The stock price of vehicle sensor and software company Luminar Technologies Inc (NASDAQ: LAZR) has received a price target of $30 by Baird. See Also: Citron Calls Luminar Technologies A 'Suckers Game,' Sets $20 Price Target. Luminar Technologies Acquisitions / Subsidiaries. It's impossible to be sure what drives market prices. Buy or sell Luminar stock pre IPO via an EquityZen fund . Luminar and another lidar company, Velodyne, have now joined the SPAC bonanza. The average price target represents a 14.29% upside from the last price of $31.50. And like many others investors saw this year, the company chose to offer Luminar Technologies stock through a SPAC IPO. Show all financial metrics. Luminar went public through a SPAC earlier this month, and it's up over 172% since then. 5 Wall Street analysts have issued ratings and price targets for Luminar Technologies in the last 12 months. The average price target is $36.00, with a high forecast of $41.00 and a low forecast of $30.00. SPAC Brings Luminar Technologies Stock. News Desk - 12/07/2020 2 Minutes Read. Why did Luminar’s share price dive? EquityZen is a marketplace for shares of proven pre IPO tech companies. In pre-market trading ahead of its December 3 debut on the exchange, the LAZR stock rose in value from its listing price of $18 to around $22. View More Companies. The merger agreement between Gores and Luminar and the most recent 10-Q describe the valuation of the merged company as $2.95 billion when GMHI shares traded at $10.00. Luminar Technologies market cap is $11.4 b.. View Luminar Technologies stock / share price, financial statements, key ratios and more at Craft. LIDAR stock quote, chart and news. Luminar went public through a reverse merger with SPAC Gores Metropoulos. Gores' last share price before the merger was about 80% above its February 2019 IPO value and 58% above its price on the day the Luminar merger plans were announced. The merger is expected to close in 2020’s fourth quarter. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Lidar startup Luminar goes public, sends share prices soaring. Mobileye won't catch Luminar in LiDAR tech anytime soon, if ever, so take advantage of recent weakness in LAZR stock. And Tristan Gerra initiated a rating at a “hold” for the company stock. In Richard’s view, lidar will eventually play a role in self-driving automobiles, and the “lidar market” could be worth as much as $2.5 billion by 2025. Institutional support Completion of the reverse merger deal means that Luminar has raised close to $590 million cash in total, comprising $406 million direct from Gores Metropoulos, and $184 million in financing proceeds from the public listing. Facebook. Elon Musk criticized the technology, saying "Anyone relying on lidar is doomed," in 2019. 2 : Patents (US) 82 : Patent Applications (US) 92 : Show all operating metrics. Luminar Technologies Inc. started trading as a public company on Thursday under the ticker symbol LAZR, marking the second Silicon Valley firm to go public while working to deliver a key sensor for self-driving cars. Linkedin. Luminar Stock. Current Luminar investors will receive about 272 million shares of Gores Metropoulos common stock at closing. Company profile page for Lazr Inc including stock price, company news, press releases, executives, board members, and contact information About Luminar Stock. Luminar is a breakout autonomous vehicle sensor company that came out of stealth after five years in development. What price would be nice for Luminar stock? Luminar Stock. Luminar’s share price surged nearly 28 percent on its Thursday debut to close at $22.98, giving the company a market value of about $7.8 billion, the Wall Street Journal reported. Share. Problem is, at its present market capitalization, Richard observes that Luminar stock costs “6x” the value of the entire automotive lidar market. Stock analysis for Luminar Technologies Inc (LAZR:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Jul, 2019 May, 2020; Partners. Gerra had called Luminar a speculative investment due to the high number of uncertainties. Luminar, a company that makes lidar scanners - a laser-based technology that is used to detect nearby objects in self-driving cars - went public on Thursday. Luminar's stock price took a dive last Tuesday after a Reuters report suggested that key partner Mobileye might develop its own lidar units in-house, for use starting in 2025. Founder Russell, a Luminar had a … Advanced Perception Our technology enables both detection and classification of objects out to 250 meters, from cars to lanes. Luminar Technologies Operating Metrics. By. The real future of Luminar, at least in investor's eyes, is the autonomous driving technology that is coming down the pipeline. Luminar Technologies (NASDAQ:LAZR), the lidar-sensor maker, entered December trading at $24 on a one-way ticket to $40. luminartech.com | Autonomous Technologies | Founded: 2015 | Funding to Date: $130,000,000 Developer of a vehicle sensor intended to make automotive autonomy safe and ubiquitous. Closing stock price (23-Dec-2020) 35.2: Luminar Technologies's current market capitalization is $11.4 b. The high price target for LAZR is $41.00 and the low price target for LAZR is $30.00. Luminaire Tech Share Price, Luminaire Tech Stock Price, Luminaire Technologies Ltd. Stock/Share prices, Luminaire Technologies Ltd. Live BSE/NSE, F&O Quote of Luminaire Technologies Ltd… The company's sensor bounces lasers off of the environment, uses the speed of light, calculates distances to each measured point which is used to construct 3D environment models, enabling … Twitter. On the bright side, the quality of companies on offer seems to be increasing (Desktop Metal just let us know they’re possibly going public via a SPAC), and we’re seeing less of a surge in share price when news breaks of a possible deal to close many months from now (The SPAC that Luminar is backing into, Gores Metropoulos, is seeing shares up only +10% after the initial press release.) This price target is based on 3 analysts offering 12 month price targets for Luminar Technologies in the last 3 months. The hype appears to be subsiding on Luminar Technologies’ stellar Nasdaq start. Their average twelve-month price target is $37.60, predicting that the stock has a possible upside of 22.60%. EquityZen is a marketplace for shares of proven pre IPO tech companies. , and it 's impossible to be subsiding on Luminar Technologies ’ stellar NASDAQ start high forecast $... Three days to close at an all-time high of US $ 41.80 on 08 luminar tech stock price... 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