Jefferies initiated coverage on Luminar Technologies with a new price target
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Jefferies initiated coverage of Luminar Technologies with a rating of Buy and set a new price target of $12.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/10/2024 | $1.00 | Hold | Deutsche Bank |
| 4/10/2024 | $3.50 → $1.20 | Neutral → Underperform | BofA Securities |
| 1/17/2024 | $11.00 → $4.00 | Buy → Hold | Deutsche Bank |
| 9/26/2023 | $5.00 | Neutral | BofA Securities |
| 5/10/2023 | $12.00 → $10.00 | Outperform | TD Cowen |
| 4/25/2023 | $12.00 | Buy | Jefferies |
| 3/22/2023 | $5.00 | Neutral → Sell | Goldman |
| 10/25/2022 | $8.00 | Neutral | Rosenblatt |
SC 13G/A - Luminar Technologies, Inc./DE (0001758057) (Subject)
SC 13G/A - Luminar Technologies, Inc./DE (0001758057) (Subject)
SC 13G - Luminar Technologies, Inc./DE (0001758057) (Subject)
Luminar successfully passes series production 'Run at Rate' test leading up to Volvo EX90 launch Luminar Technologies (NASDAQ:LAZR), a leading global automotive company, today announced a significant achievement towards enabling the world's safest and smartest vehicles. The company successfully passed its first major Run at Rate production test for Volvo Cars at its highly automated, high volume manufacturing facility in Monterrey, Mexico. The successful completion of Run at Rate is a key requirement for automakers in advance of start of production (SOP), and the precursor to the launch of the Volvo EX90 featuring Luminar as standard on every vehicle. The Run at Rate served as a rigorou
8-K - Luminar Technologies, Inc./DE (0001758057) (Filer)
10-Q - Luminar Technologies, Inc./DE (0001758057) (Filer)
8-K - Luminar Technologies, Inc./DE (0001758057) (Filer)
4 - Luminar Technologies, Inc./DE (0001758057) (Issuer)
3 - Luminar Technologies, Inc./DE (0001758057) (Issuer)
4 - Luminar Technologies, Inc./DE (0001758057) (Issuer)
Luminar (NASDAQ:LAZR), a leading global automotive technology company, today announced it will provide its quarterly business update for the third quarter of 2024 following the close of the market on Monday, November 11th, 2024. Separately, the company would like to remind investors that Luminar will be holding a virtual Special Meeting of Stockholders on October 30th, 2024 at 11:00 a.m. EDT (8:00 a.m. PDT) to vote on our proposal to carry out a reverse stock split. While NASDAQ listing requirements allow for a 6-month period for the stock to return to above $1 levels (starting from receipt of the discontinuation notice), the company expects that executing the reverse split now will allow
Restructures $422 Million of Debt with Convertible Exchange & Raises $100 Million of New Capital Today, Luminar (NASDAQ:LAZR), a leading global automotive technology company, provided its quarterly business update and financial results for the second quarter of 2024. Luminar announced today that it has entered into private, separately negotiated transactions to reduce its debt, extend maturities, and receive $100 million in new capital to bolster its balance sheet. This directly addresses the company's capital structure overhang, captures a discount on existing notes, and helps provide the financial runway to execute the company's business plan. Key highlights of the transactions incl
Luminar (NASDAQ:LAZR), a leading global automotive technology company, today announced it will provide its quarterly business update for the second quarter of 2024 following the close of the market on Tuesday, August 6, 2024. At 4:00 p.m. EDT (1:00 p.m. PDT) the company will publish materials detailing its quarterly business update and financials, as well as other relevant commentary. At 5:00 p.m. EDT (2:00 p.m. PDT) the company will host a webcast consisting of a live Q&A session. Institutional shareholders can submit questions by emailing [email protected]. Starting on Monday, July 29 at 4:00 p.m. EDT (1:00 p.m. PDT), verified retail shareholders can submit and upvote question
Luminar (NASDAQ:LAZR), a leading global automotive technology company, today announced two new key executive hires to help guide the company through its next phase of rapid growth. Dr. David Foster joins Luminar as the Executive Vice President of Engineering. Dr. Foster's extensive experience includes executive and leadership positions at Lyft, Apple, Microsoft, Amazon, and other innovative technology companies. Throughout his career, Dr. Foster has successfully launched groundbreaking products from concept to high volume production – including such iconic devices as the iMac, MacBook, MacPro, Kindle, and Kindle Fire. Dr. Foster holds a BA, MA, and Doctorate in Philosophy in Electrical E
Seasoned financial executive to bring decades of experience in the energy, tech and transportation sectors to leading global energy storage company Energy Vault Holdings, Inc. (NYSE:NRGV) ("Energy Vault" or the "Company"), a leader in sustainable grid-scale energy storage solutions, announced today the appointment of Michael Beer as Chief Financial Officer. Beer will replace Jan Kees van Gaalen, who has served in the role since November 2022 and plans to retire. The appointment is effective April 15, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240404851008/en/Energy Vault Appoints Michael Beer as Chief Financial Offic
Deutsche Bank resumed coverage of Luminar Technologies with a rating of Hold and set a new price target of $1.00
BofA Securities downgraded Luminar Technologies from Neutral to Underperform and set a new price target of $1.20 from $3.50 previously
Deutsche Bank downgraded Luminar Technologies from Buy to Hold and set a new price target of $4.00 from $11.00 previously
Luminar Technologies's (NYSE:LAZR) short percent of float has fallen 4.67% since its last report. The company recently reported that it has 81.88 million shares sold short, which is 24.49% of all regular shares that are available for trading. Based on its trading volume, it would take traders 10.39 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Shor
Shares of ASLAN Pharmaceuticals Limited (NASDAQ:ASLN) fell sharply during Wednesday's session after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for voluntary liquidation. ASLAN Pharmaceuticals shares dipped 38.7% to $0.68 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Aptevo Therapeutics Inc. (NASDAQ:APVO) shares climbed 84% to $0.6073 after surging around 10% on Tuesday. Aptevo Therapeutics recently announced closing of $2.75 million offering. Shimmick Corporation (NASDAQ:SHIM) shares climbed 49% to $3.0173 after the company received a $27.6 million subcontract for the Sunol Valley Water Trea
Goldman Sachs analyst Mark Delaney maintains Luminar Technologies (NASDAQ:LAZR) with a Sell and lowers the price target from $1.5 to $1.