Luminar Technologies: No Respect

Jan. 07, 2023 1:15 AM ETLuminar Technologies, Inc. (LAZR)INVZ63 Comments


  • Luminar Tech. confirmed the Lidar sensor company achieved a 60% boost for the forward-looking order book.
  • The company now has a order book topping $3.4 billion, nearly double the current market cap.
  • The stock is cheap, but the company gets no respect for the potential order book size in a few years.
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Luminar technology sign is seen outside their headquarters in Orlando, Florida, USA on February 8, 2020.


After another strong quarterly update, Luminar Technologies (NASDAQ:LAZR) shareholders still find the stock floundering. The Lidar sensor company continues to line up a massive forward-looking orderbook absolutely ignored by the market. My investment thesis is

Finviz Chart

Source: FinViz

Business Highlights slide

Source: Luminar Q3'22 presentation

Earnings estimates page

Source: Seeking Alpha

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Stone Fox Capital Advisors, LLC is a registered investment advisor founded in 2010. Mark Holder graduated from the University of Tulsa with a double major in accounting & finance. Mark has his Series 65 and is also a CPA.

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Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in LAZR over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock, you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.

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