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Luminar Faces Agreement Termination with Volvo

Story Highlights
  • Luminar Technologies received a termination notice from Volvo for their agreement on November 14, 2025.
  • Luminar has claimed damages against Volvo and suspended Iris LiDAR commitments amid the dispute.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Luminar Faces Agreement Termination with Volvo

TipRanks Black Friday Sale

Luminar Technologies ( (LAZR) ) has provided an update.

On November 14, 2025, Luminar Technologies received a notice from Volvo Car Corporation to terminate their Framework Purchase Agreement, which had been in place since March 23, 2020. This agreement involved Luminar providing hardware and software for Volvo’s global vehicle platform. Luminar has filed a claim against Volvo for significant damages and has halted further commitments of its Iris LiDAR products to Volvo until the dispute is resolved, though the outcome remains uncertain.

The most recent analyst rating on (LAZR) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Luminar Technologies stock, see the LAZR Stock Forecast page.

Spark’s Take on LAZR Stock

According to Spark, TipRanks’ AI Analyst, LAZR is a Underperform.

Luminar Technologies faces severe financial instability with negative margins, declining revenues, and high leverage. Technical indicators suggest bearish momentum, and valuation metrics are unattractive with a negative P/E ratio. Despite some revenue growth, strategic challenges and uncertainties overshadow potential positives.

To see Spark’s full report on LAZR stock, click here.

More about Luminar Technologies

Luminar Technologies operates in the automotive industry, specializing in the development and production of advanced sensor technologies, particularly LiDAR systems, which are integral to autonomous vehicle platforms.

Average Trading Volume: 7,422,398

Technical Sentiment Signal: Sell

Current Market Cap: $69.45M

See more data about LAZR stock on TipRanks’ Stock Analysis page.

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