Automotive tech firm Luminar Q3 revenue beats analyst estimates driven by growth in off-road

Luminar Technologies

13/11/2025 21:12

Overview

Luminar Q3 revenue up 21% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats analyst expectations

Luminar is exploring strategic alternatives to improve capital structure and liquidity

Outlook

Luminar has suspended its fiscal year 2025 guidance

Result Drivers

REVENUE GROWTH - Q3 revenue increased by 21% year-over-year, driven by advancements in off-road, defense, and photonics sectors

CAPITAL STRUCTURE - Company is evaluating strategic alternatives to improve capital structure and liquidity, including potential sales or restructuring

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$18.75 mln
$18.07 mln (3 Analysts)
Q3 Adjusted EPS
Beat
-$0.94
-$1.03 (3 Analysts)
Q3 Net Income
-$85.85 mln
Q3 Operating Expenses
$66.58 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

Wall Street's median 12-month price target for Luminar Technologies Inc is $3.50, about 66.9% above its November 12 closing price of $1.16

Press Release: ID:nBw6xvqGva

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)