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The latest update is out from Luminar Technologies ( (LAZRQ) ).
On February 2, 2026, Luminar closed the court-approved $110 million cash sale of Luminar Semiconductor to Quantum Computing Inc., retaining $11 million in escrow, granting mutual IP licenses, and committing to three-year non-compete and non-solicit covenants to stabilize operations during its Chapter 11 process. One day later, on February 3, 2026, the company divested the remainder of its LiDAR assets to MicroVision for $33 million after a competitive auction, terminated Quantum’s backup stalking-horse agreement with associated $1.16 million penalties, and warned investors that Chapter 11 trading remains speculative with potential for total loss.
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 down primarily by severe losses, negative equity, and ongoing cash burn, reinforced by suspended guidance and restructuring/liquidation actions in Chapter 11. Technicals also reflect a pronounced downtrend, while valuation signals provide little support given a non-meaningful negative P/E and no dividend data.
To see Spark’s full report on LAZRQ stock, click here.
More about Luminar Technologies
Luminar Technologies develops automotive-grade LiDAR sensors and perception software aimed at advanced driver-assistance and autonomous driving markets.
Average Trading Volume: 23,121,522
Technical Sentiment Signal: Sell
Current Market Cap: $5.64M
See more insights into LAZRQ stock on TipRanks’ Stock Analysis page.