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Luminar Technologies ( (LAZRQ) ) has provided an announcement.
On December 15, 2025, Luminar Technologies and certain subsidiaries filed voluntary Chapter 11 bankruptcy petitions in the Southern District of Texas, and on December 31, 2025 two additional subsidiaries, Condor Acquisition Sub I, Inc. and Condor Acquisition Sub II, Inc., also commenced Chapter 11 proceedings with an intent to seek joint administration of all related cases. The debtors continue to run the business as debtors-in-possession, and on December 30, 2025 obtained court approval of global bidding procedures that set a January 9, 2026 bid deadline for offers on all or part of their assets and a January 20, 2026 objection deadline for proposed sale transactions and related indenture actions. Also on December 30, 2025, the company filed a proposed Chapter 11 Plan of Liquidation and accompanying disclosure statement outlining the planned liquidation of remaining assets and distribution of proceeds to stakeholders, though confirmation of the plan and ultimate consummation of any liquidation or sale transactions remain uncertain and subject to further Bankruptcy Court approval and potential amendments.
The most recent analyst rating on (LAZRQ) stock is a Hold with a $0.09 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 Neutral.
The score is weighed down primarily by weak financial performance—severe losses, negative cash flow, and negative equity—followed by a strongly bearish technical trend. The earnings call adds further risk due to suspended guidance and capital structure uncertainty, partially offset by reported revenue growth. Valuation provides limited support because losses make P/E less meaningful and no dividend is provided.
To see Spark’s full report on LAZRQ stock, click here.
More about Luminar Technologies
Luminar Technologies, Inc. is a developer of lidar and semiconductor technologies, including its LiDAR business and LSI Semiconductors, Inc., serving automotive and related advanced sensing markets. The company and several subsidiaries are currently operating under Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of Texas as debtors-in-possession while they pursue an orderly wind-down of their operations and asset sales.
Average Trading Volume: 26,611,073
Technical Sentiment Signal: Sell
Current Market Cap: $6.38M
For detailed information about LAZRQ stock, go to TipRanks’ Stock Analysis page.