Returns as of 01/09/2021. The potential is real, but the markets are getting way ahead of themselves in terms of the valuation. Luminar is a maker of lidar, a technology that uses pulsed laser beams to measure distances that are used in most self-driving concepts. Luminar Technologies, Inc. operates as a vehicle sensor and software company for passenger vehicles and trucks. In the Software - Application industry, which r The Motley Fool regrets the prior error. The leader in automotive ADAS chooses the leader in lidar technology for level 4 autonomy solutions. Luminar Technologies, Inc. 2020 Equity Incentive Plan and related forms of award agreements (incorporated by reference to Exhibit 10.7 to the Company’s Current Report on Form 8-K, filed with the Securities and Exchange Commission on December 8, 2020). Visit a quote page and your recently viewed tickers will be displayed here. Armed with this technology and break-through software, we are the first to power series-production autonomy for the real world. Don't get me wrong -- 73% year-over-year sales growth is fan­-tas-tic. Have Watchlists? Find real-time LAZR - Luminar Technologies Inc stock quotes, company profile, news and forecasts from CNN Business. LAZR's short-term technical score of 98 indicates that the stock has traded more bullishly over the last month than 98% of stocks on the market. Market data powered by FactSet and Web Financial Group. But I think even within the tiny-but-suddenly less-tiny world of lidar stocks, Velodyne is a better stock to consider, for two big reasons: First, its technology is extremely competitive, and second -- and crucially -- it's already doing business with most of the world's automakers. Luminar Technologies Inc. SEC filings breakout by MarketWatch. The Company offers autonomous vehicle and lidar technology solutions. Luminar Technologies Inc - Class A () Stock Market info Recommendations: Buy or sell Luminar Technologies Inc - Class A stock? Luminar Technologies serves customers worldwide. Luminar Technologies, Inc. NASDAQ: LAZR $30.67 up $0.62 (2.06%) INTC. Not only does Velodyne already count most of the world's big automakers as clients, its distinctive "hockey puck" sensors can be seen on the prototype self-driving vehicles from many of the other companies aiming to enter the self-driving space as well -- and they're finding more and more customers in other industries (like robotics), too. Get Luminar Technologies Inc (LAZR:NASDAQ) real-time stock quotes, news and financial information from CNBC. Luminar Technologies Inc. develops vision-based self-driving car lidar and machine perception technologies primarily for the automotive market. Editor's Note: Luminar's 2019 revenue figure has been updated. Subscriber Agreement & Terms of Use, Reflation nation? Luminar Technologies Inc (LAZR) has gained Tuesday morning, with the stock rising 37.94% in pre-market trading to $38.10. Rich Smith (XPeng): Company A makes car parts, had $12.6 million in revenues last year, and costs $12 billion. View LAZR option chain data and pricing information for given maturity periods. Create a list of the investments you want to track. Baird kicked off coverage on Luminar with a … In the Software - Application industry, which Long story short, even if you think "lidar is the future," XPeng is a better way than Luminar to invest in that future. Find the latest Institutional Holdings data for Luminar Technologies, Inc. Class A Common Stock (LAZR) at Nasdaq.com. All third party trademarks (including logos and icons) appearing … But it's still only half as fast as XPeng. LAZR's short-term technical score of 98 indicates that the stock has traded more bullishly over the last month than 98% of stocks on the market. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The company went public on Dec. 3 through a reverse merger and the stock almost immediately doubled in value. What happened Shares of newly public lidar-sensor maker Luminar Technologies (NASDAQ:LAZR) fell sharply on Tuesday afternoon after Reuters reported that one of … The Investor Relations website contains information about Luminar Technologies, Inc's business for stockholders, potential investors, and financial analysts. During the last month, 0 analysts gave the Luminar Technologies Inc a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating. The Investor Relations website contains information about Luminar Technologies, Inc's business for stockholders, potential investors, and financial analysts. Intraday Data provided by FACTSET and subject to terms of use. Image source: Ford Motor Company. Luminar Technologies, Inc develops and manufactures LiDAR based sensors for vehicles. Luminar Technologies, Inc. Class A Common Stock (LAZR) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Luminar Technologies Inc. Wt Gores Metropoulos, Inc. operates as a blank check company, which formed for the purpose of a merger, capital … Democratic wins in Senate could strengthen Biden’s legislative push. Cookie Notice. Here's a hint: Company A is Luminar, and Company B is Chinese automaker XPeng. The Other Component Sales provides designing, testing, and consulting services for non-standard integrated circuits to U.S. customers, including government agencies and defense contractors generally for purposes unrelated to autonomous vehicles The company was founded by Austin Russell and Jason Eichenholz in 2012 and is headquartered in Orlando, FL. Cruise has a modified Chevy Bolt it has converted into a self-driving taxi. Just last month, XPeng announced that in 2021 it will become the first company in the world to integrate lidar into production model cars for sale. As the tech matures, GM's manufacturing prowess should ensure that Cruise-enabled vehicles hit the roads in large numbers. All quotes are in local exchange time. Both still hold sizable stakes today, and of course both are among Velodyne's larger customers. At that level they are trading at 1.47% premium to the analyst consensus target price of 0.00. But if you'd like to invest in a self-driving future with a nice side of robotics, this is a company that deserves your close attention. Luminar Technologies, Inc. Class A Common Stock (LAZR) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. It's easy to miss, but that's a huge advantage. Luminar is a maker of lidar, a technology that uses pulsed laser beams to measure distances that are used in most self-driving concepts. Institutional & Insider Ownership 59.2% of Luminar Technologies … Argo AI, which is closely affiliated with Ford and counts Volkswagen among its investors, is one of the many companies in the self-driving space that already use and trust Velodyne's lidar sensors. View the basic LAZR option chain and compare options of Luminar Technologies, Inc. on Yahoo Finance. GM owns a majority stake in Cruise, a self-driving start-up that has combined its software expertise with GM hardware to create a formidable challenger to Alphabet's Waymo unit. That day could come sooner than you think: Cruise said Dec. 9 it has recently started testing self-driving vehicles without driver monitors in San Francisco. It operates through the following segments: Autonomy Solutions and Other Component Sales. Another reality: Big automakers favor suppliers they know and trust. Reminds Stockholders to Vote in Favor of the Business Combination With Luminar Technologies, Inc. Nov 24, 2020 Luminar Accelerates … Believe it or not, even though Luminar is the more recent IPO, XPeng stock is actually the faster-growing stock. He founded Luminar at the age of 17 while pursuing research in optical technologies and exploring applications across the medical, augmented reality, robotics and automotive industries. There are currently no items in this Watchlist. The company went public on Dec. 3 … Luminar's 25-year-old founder Austin Russell becomes billionaire after IPO. It operates through two segments: Autonomy Solutions and Other Component Sales. Quant Ratings. This browser is no longer supported at MarketWatch. This Argo AI self-driving prototype has two of Velodyne's "hockey puck" lidar sensors at the top of its sensor array. Charts. Company B makes entire, functioning electric cars, sold $333 million worth of them last year, and will probably grow that by nearly 150% this year (according to estimates from S&P Global Market Intelligence). Austin Russell is an engineer, entrepreneur, and LiDAR industry pioneer for Autonomous Vehicles. Get Luminar Technologies Inc (LAZR:NASDAQ) real-time stock quotes, news and financial information from CNBC. The company's headquarters and main R&D facilities are in Orlando, FL, and key business operations in Palo Alto, CA. PALO ALTO, CALIF. – November 20, 2020 – Luminar Technologies, Inc. (“Luminar”), the global leader in automotive lidar hardware and software technology, which is currently in the process of becoming a public company through its expected merger with Gores Metropoulos, Inc. Copyright © 2021 MarketWatch, Inc. All rights reserved. View the LAZR U.S. Securities and Exchange Commission reporting information. He founded Luminar at the age of 17 while pursuing research in optical technologies and exploring applications across the medical, augmented reality, robotics and automotive industries. Gores Metropoulos, Inc. Luminar Technologies's main competitors include LeddarTech, Ouster, Innoviz Technologies and Velodyne. Krijg gedetailleerde informatie over het Luminar Technologies (LAZR) Aandeel inclusief Prijs, Grafieken, Technische Analyses, Historische gegevens, Luminar Tech Rapporten en meer. What's more, if you like Luminar stock as a play on lidar in autonomous driving systems, well, XPeng gives you that, too. 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