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Luminar Technologies Holds Annual Stockholders Meeting

Story Highlights
  • Luminar Technologies held its annual meeting on July 3, 2025.
  • Key decisions included director elections and stock issuance approval, but executive compensation was not approved.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Luminar Technologies Holds Annual Stockholders Meeting

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Luminar Technologies ( (LAZR) ) has shared an announcement.

On July 3, 2025, Luminar Technologies held its annual stockholders meeting where several key decisions were made. The stockholders elected three Class II directors, ratified KPMG LLP as the independent accounting firm for 2025, and approved the issuance of Class A common stock and an amendment to increase the share reserve. However, the executive compensation proposal was not approved.

The most recent analyst rating on (LAZR) stock is a Sell with a $18.00 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 Neutral.

Luminar Technologies’ overall stock score reflects significant financial challenges, including negative equity and cash flow issues. While recent cost reductions and capital commitments provide some positive momentum, the stock’s technical indicators remain bearish. The valuation is concerning due to ongoing losses, and the earnings call highlighted mixed results. The positive corporate events slightly bolster the score, but substantial financial and operational improvements are necessary for a stronger outlook.

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

More about Luminar Technologies

Average Trading Volume: 2,393,167

Technical Sentiment Signal: Sell

Current Market Cap: $142.2M

See more insights into LAZR stock on TipRanks’ Stock Analysis page.

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