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Luminar Technologies ( (LAZRQ) ) has issued an update.
On December 15 and December 31, 2025, Luminar Technologies, Inc. and certain subsidiaries filed for Chapter 11 bankruptcy in the Southern District of Texas, and on January 29, 2026, the debtors submitted an amended Chapter 11 plan of liquidation and related disclosure statement that contemplate selling off the remaining assets and distributing proceeds to creditors, though court approval and ultimate consummation of the plan remain uncertain. On January 30, 2026, the company filed monthly operating reports covering the period from the petition dates through December 31, 2025, while cautioning that these unaudited, non‑GAAP reports are limited, subject to change, and not a reliable basis for investment decisions, and further warned that trading in its securities during the ongoing Chapter 11 process is highly speculative and could result in significant or total losses for existing shareholders and other securityholders.
The most recent analyst rating on (LAZRQ) stock is a Sell with a $0.07 price target. To see the full list of analyst forecasts on Luminar Technologies stock, see the LAZRQ Stock Forecast page.
Spark’s Take on LAZRQ Stock
According to Spark, TipRanks’ AI Analyst, LAZRQ is a Underperform.
The score is driven primarily by bankruptcy-related corporate events and weak financial health (negative margins, cash burn, and negative equity). Technicals also reflect sustained downtrend conditions, while valuation signals are not supportive due to negative earnings and no dividend; earnings-call positives (revenue growth and cost cuts) are outweighed by suspended guidance, liquidity/capital-structure stress, and partner uncertainty.
To see Spark’s full report on LAZRQ stock, click here.
More about Luminar Technologies
Luminar Technologies, Inc. is a U.S.-based company that, together with several subsidiaries, has been operating under Chapter 11 bankruptcy protection in the Southern District of Texas since December 2025, continuing to run its businesses and manage its properties as debtors-in-possession while its restructuring and liquidation proceedings move forward.
Average Trading Volume: 24,759,315
Technical Sentiment Signal: Sell
Current Market Cap: $5.85M
For a thorough assessment of LAZRQ stock, go to TipRanks’ Stock Analysis page.