Luminar Technologies Intrinsic Stock Value – Luminar Technologies [LAZR] Stock Rises 9.76% Despite Week-Long Dip
May 19, 2023
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Luminar Technologies ($NASDAQ:LAZR) Inc. NASDAQ: LAZR, an American company specializing in the development of autonomous driving technologies, saw its stock rise 9.76% on Monday, despite a week-long dip of -0.17%. This increase is significant for investors, as it signals that the company is on track for continued growth. The company’s products are designed to help make driving safer and more efficient. Its flagship product, the LIDAR sensor, uses advanced laser technology to scan and detect its surroundings, allowing cars to detect objects in their path.
The company has also developed a range of software applications for autonomous cars, such as its driver assistance system, autopilot navigation, and driver attention monitoring. This is good news for investors, as it indicates that the company’s products remain in high demand and are well positioned for long-term success. The company has also recently announced new partnerships and research collaborations with industry leaders, which is likely to further increase its stock value.
Analysis – Luminar Technologies Intrinsic Stock Value
At GoodWhale, we have taken a deep dive into the financials of LUMINAR TECHNOLOGIES. Through our proprietary Valuation Line, we have determined that the intrinsic value of LUMINAR TECHNOLOGIES share is around $28.3. Unfortunately, the stock is currently trading at $6.0, which means that it is undervalued by a whopping 78.8%. This presents a great opportunity for investors to capitalize on the mispricing of the stock and purchase it at a discount. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Luminar Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 48.35 | -504.38 | -1050.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Luminar Technologies. More…
| Operations | Investing | Financing |
| -240.07 | 184.98 | -12.88 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Luminar Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 658.35 | 740.63 | -0.22 |
Key Ratios Snapshot
Some of the financial key ratios for Luminar Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 47.8% | – | -1023.0% |
| FCF Margin | ROE | ROA |
| -573.7% | 568.9% | -47.0% |
Peers
The company has a strong competitive position in the market with its core technology being used by major automotive OEMs and Tier 1 suppliers. The company’s main competitors are Aeva Technologies Inc, Innoviz Technologies Ltd, Tesla Inc.
– Aeva Technologies Inc ($NYSE:AEVA)
Aeva Technologies Inc is a technology company that develops and commercializes autonomous driving solutions. The company has a market cap of 412.01M as of 2022 and a Return on Equity of -19.6%. Aeva’s technology is based on LiDAR, AI, and software, and it offers products for autonomous vehicles, robots, and other autonomous systems.
– Innoviz Technologies Ltd ($NASDAQ:INVZ)
Innoviz Technologies Ltd is a company that provides LiDAR products for use in autonomous vehicles. The company has a market cap of 635.59M as of 2022 and a return on equity of -30.51%. The company’s products are used by major automakers around the world, and its products are considered to be some of the best in the industry. The company is headquartered in Israel and has a workforce of over 200 employees.
– Tesla Inc ($NASDAQ:TSLA)
Tesla Inc. is an American electric vehicle and clean energy company based in Palo Alto, California. Tesla’s market cap is $719.4 billion as of 2022. Tesla’s ROE is 20.66%. Tesla designs, manufactures, and sells electric vehicles, and provides energy storage systems. Tesla’s products include the Model S, Model X, Model 3, Roadster, and Powerwall.
Summary
Luminar Technologies Inc. NASDAQ: LAZR had a positive trading session on Monday, with the stock price increasing by 9.76%. This is an indication that investors are confident in the company’s future prospects and likely believe the stock is undervalued at the current price. Analysts have given the company a favorable outlook as well, forecasting positive results in the coming quarters. Investors should keep an eye on Luminar Technologies and monitor its performance to make sure they are adequately diversified in their portfolio.
Additionally, they should check for any new announcements or developments that could further boost the stock’s price.
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