Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Luminar Technologies ( (LAZRQ) ) is now available.
Luminar Technologies, which filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas on December 15, 2025, has agreed to sell key LiDAR business assets to MicroVision, Inc. after a court-supervised auction held on January 26, 2026. MicroVision emerged as the successful bidder with a $33 million cash offer, surpassing a prior $22 million stalking-horse agreement with Quantum Computing Inc., and entered into a purchase agreement that includes customary representations, warranties and closing conditions, including bankruptcy court approval, which was granted on January 27, 2026. Quantum has been designated as the backup bidder and will receive a breakup fee of $660,000 plus reimbursement of up to $500,000 in expenses if the MicroVision deal closes, while Luminar warns that trading in its securities during the Chapter 11 process is highly speculative and that shareholders may suffer substantial or complete losses depending on the case’s outcome.
The most recent analyst rating on (LAZRQ) stock is a Sell 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 Underperform.
The score is driven primarily by severe financial stress (negative margins, negative cash flows, and negative equity) and high event risk from Chapter 11 bankruptcy, asset sale/liquidation process, and delisting. Technicals reinforce the bearish backdrop with the stock far below major moving averages; limited offsets include recent revenue growth and oversold momentum readings.
To see Spark’s full report on LAZRQ stock, click here.
More about Luminar Technologies
Luminar Technologies is a developer of LiDAR technology, supplying sensor systems and related assets for applications such as advanced driver-assistance and autonomous driving. The company operates in the automotive and sensing technology industry, focusing on selling and developing LiDAR business assets that have attracted interest from sector peers including Quantum Computing Inc. and MicroVision, Inc.
Average Trading Volume: 24,951,565
Technical Sentiment Signal: Sell
Current Market Cap: $6.25M
See more insights into LAZRQ stock on TipRanks’ Stock Analysis page.