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Luminar Technologies Wows With >100% Revenue Forecast, But Margins In Focus


  • Luminar Technologies, Inc. unveiled a lidar-powered ecosystem at Luminar Day, headlined by a forecast for revenue growth in excess of 100% each year for the next five years.
  • Revenues for Luminar are projected to reach ~$1.5 billion by FY27 under that forecast, supported by a multibillion-dollar deal expansion with Mercedes.
  • However, for the lidar industry to scale, production costs and sales prices will have to fall substantially to enable mass-market deployment, threatening margin growth.
  • Assuming a 35% FY27 gross margin and operating expense growth of 20% from FY22 to FY27 shows Luminar Technologies, Inc. struggles to maintain profitability.

Las Vegas Hosts Annual CES Trade Show

Ethan Miller

Following recent expanded partnerships with Polestar Automotive Holding UK PLC (PSNY) and a multibillion-dollar deal with Mercedes-Benz Group AG (OTCPK:MBGYY), Luminar Technologies, Inc. (NASDAQ:LAZR) unveiled the creation of a lidar-powered ecosystem at

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