NEW YORK, July 26, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Luminar Technologies, Inc. (NASDAQ: LAZR) between March 20, 2025 and May 14, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 22, 2025. SO WHAT: If you purchased Luminar securities during ...

NEW YORK, July 25, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Luminar Technologies, Inc. (NASDAQ: LAZR) between March 20, 2025 and May 14, 2025, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 22, 2025.So What: If you purchased Luminar securities during the Cla ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, July 25, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Luminar Technologies, Inc. (“Luminar” or “the Company”) (NASDAQ: LAZR) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Luminar investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact ...

NEW YORK, July 25, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Luminar Technologies, Inc. (“Luminar” or “the Company”) (NASDAQ: LAZR) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired L ...

Group 1 - A securities class action lawsuit has been filed against Luminar Technologies, Inc. for alleged misleading statements and undisclosed conduct by a key executive [1][2] - The lawsuit claims that the conduct of Defendant Russell posed a material risk to Luminar's business operations, including competition, R&D management, and customer relationships [2] - The complaint asserts that Luminar lacked a reasonable basis for its financial guidance due to the risks associated with Russell's potential departure [2] Group 2 - Investors who acquired Luminar shares during the specified class period are encouraged to contact the law firm for representation in the class action [3] - The lead plaintiff motion deadline is set for September 22, 2025, indicating a timeline for potential participants in the lawsuit [3]

LOS ANGELES, July 25, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Luminar Technologies, Inc. ("Luminar" or "the Company") (NASDAQ: LAZR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between March 20, 2025, and May 14, 2025, inclusive (the "Class Perio ...

Luminar Technologies, Inc. (LAZR) ended the recent trading session at $3.39, demonstrating a -10.32% change from the preceding day's closing price. This change lagged the S&P 500's 0.07% gain on the day. Meanwhile, the Dow experienced a drop of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.18%. Shares of the company have appreciated by 40.52% over the course of the past month, outperforming the Auto-Tires-Trucks sector's gain of 2.96%, and the S&P 500's gain of 5.71%.The investment communit ...

MIAMI, July 24, 2025 (GLOBE NEWSWIRE) -- The following statement is being issued by Shamis & Gentile, P.A: To: All persons or entities who purchased or otherwise acquired Luminar Technologies, Inc. (“Luminar” or the “Company”) (NASDAQ:LAZR) securities between March 20, 2025, and May 14, 2025, inclusive. You are hereby notified that the class action lawsuit Yskollari v. Luminar Technologies, Inc. et al., Case No. 6:25-cv-01384 has been commenced in the United States District Court for the Middle District of ...

Industry Overview - Global electric vehicle (EV) sales are projected to reach nearly 22 million in 2025, marking a 25% increase from the previous year, with one in four cars sold being fully electric or plug-in hybrids [2] - China is expected to account for nearly two-thirds of all EV sales, while Europe and the United States are increasing their offerings of affordable models as battery prices decline [2][3] - The autonomous vehicle (AV) market is anticipated to grow from approximately $36 billion in 2025 to over $83 billion by 2035, reflecting an 8.7% compound annual growth rate (CAGR) [4] Company Insights: Luminar Technologies - Luminar Technologies focuses on LiDAR technology, transitioning from its older Iris system to a new unified platform called Halo, which promises faster deployment and lower costs [7][10] - The company has secured partnerships with several original equipment manufacturers (OEMs) for testing Halo prototypes, with a full launch expected by late 2026 or early 2027 [8][10] - Luminar's LiDAR technology is already featured in Volvo vehicles and is expanding into industrial markets through a partnership with Caterpillar [9][10] Company Insights: Li Auto - Li Auto has gained traction in China's EV market with its extended-range electric vehicles (EREVs), selling over 200,000 units of each L-series model [12][13] - The company is expanding into pure battery electric vehicles (BEVs) and plans to increase its retail presence and supercharging stations significantly by the end of 2025 [14] - Li Auto is advancing in autonomous driving technology, utilizing NVIDIA chips and training AI models on extensive video data [15][16] Company Insights: Rivian Automotive - Rivian is set to launch a more affordable electric SUV, the R2, priced around $45,000, which aims to broaden its market reach [17] - The company achieved a positive gross margin in Q1 2025, unlocking a $1 billion investment from Volkswagen, which plans to invest up to $5.8 billion by 2027 [18] - Rivian is enhancing its operational efficiency through engineering improvements and supply chain fixes, while expanding its production capacity with new facilities [20][21]

Company Performance - Luminar Technologies, Inc. closed at $3.27, reflecting a -5.49% change from the previous session, which is less than the S&P 500's daily loss of 0.27% [1] - The company's shares have decreased by 23.62% over the past month, underperforming the Auto-Tires-Trucks sector, which gained 5.86%, and the S&P 500, which gained 6.9% [1] Earnings Projections - For the upcoming earnings disclosure, Luminar is projected to report earnings of -$1.19 per share, indicating a year-over-year growth of 55.93% [2] - The consensus estimate for revenue is $16.72 million, representing a 1.64% increase from the prior-year quarter [2] Full Year Estimates - For the full year, Zacks Consensus Estimates project earnings of -$4.29 per share and revenue of $86.64 million, reflecting changes of +53.57% and +14.91% respectively from the prior year [3] - Recent revisions in analyst estimates are important as they often indicate near-term business trends, with positive revisions suggesting optimism about the business outlook [3] Zacks Rank and Industry Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [5] - Luminar Technologies currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate having increased by 21.36% in the past month [5] Industry Context - The Automotive - Original Equipment industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 131, placing it in the bottom 47% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]