How to buy Luminar Technologies stock - 12 April

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Luminar Technologies stock

Own Luminar Technologies stock in just a few minutes.

Our pick for beginner investors: Robinhood

Robinhood logo
  • $0 commissions
  • Download the app or trade online
  • Start trading right away with instant deposits
Go to site

Automotive AI company Luminar went public this week via a SPAC offering with Gores Metropoulos. Here's what we know and how investors can buy in.

How to buy shares in Luminar Technologies

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Luminar Technologies. Find the stock by name or ticker symbol: LAZR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Luminar Technologies reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Luminar Technologies, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Luminar Technologies. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Luminar Technologies share price

Use our graph to track the performance of LAZR stocks over time.

Luminar Technologies shares at a glance

Information last updated 2021-04-08.
52-week rangeUSD$9.95 - USD$47.8
50-day moving average USD$26.9199
200-day moving average USD$23.0924
Wall St. target priceUSD$34.5
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) N/A

Buy Luminar Technologies shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
N/A
A free way to invest in stocks, ETFs and crypto.
Robinhood
$0
Stocks, Options, ETFs, Gold/Commodities
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract, $1 minimum
0%
N/A
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $2.50 and $250 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
TradeStation
$0
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency
$0 + $0.50/contract
$0 per month
$50
Deposit qualifying assets of $5,000+
A platform built for all kinds of traders and all styles of trading
Public
$0
Stocks, ETFs
N/A
$0 per month
N/A
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Luminar Technologies stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Luminar Technologies financials

Revenue TTM USD$17.3 million
Gross profit TTM USD$-4,053,000
Return on assets TTM 0%
Return on equity TTM 0%
Profit margin 0%
Book value N/A
Market capitalisation USD$7.1 billion

TTM: trailing 12 months

Shorting Luminar Technologies shares

There are currently 8.9 million Luminar Technologies shares held short by investors – that's known as Luminar Technologies's "short interest". This figure is 22.8% up from 7.2 million last month.

There are a few different ways that this level of interest in shorting Luminar Technologies shares can be evaluated.

Luminar Technologies's "short interest ratio" (SIR)

Luminar Technologies's "short interest ratio" (SIR) is the quantity of Luminar Technologies shares currently shorted divided by the average quantity of Luminar Technologies shares traded daily (recently around 5.4 million). Luminar Technologies's SIR currently stands at 1.64. In other words for every 100,000 Luminar Technologies shares traded daily on the market, roughly 1640 shares are currently held short.

To gain some more context, you can compare Luminar Technologies's short interest ratio against those of similar companies.

However Luminar Technologies's short interest can also be evaluated against the total number of Luminar Technologies shares, or, against the total number of tradable Luminar Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Luminar Technologies's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Luminar Technologies shares in existence, roughly 30 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Luminar Technologies shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Luminar Technologies.

Find out more about how you can short Luminar Technologies stock.

Luminar Technologies share dividends

We're not expecting Luminar Technologies to pay a dividend over the next 12 months.

You may also wish to consider:

Luminar Technologies overview

Luminar Technologies, Inc. operates as a vehicle sensor and software company for passenger vehicles and trucks. The company operates in two segments, Autonomy Solutions and Other Component Sales. The Autonomy Solutions segment designs, manufactures, and sells lidar sensors, and related perception and autonomy software solutions for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and other related industries. The Other Component Sales segment engages in the designing, testing, and consulting of non-standard integrated circuits for government agencies and defense contractors. The company was founded in 2012 and is headquartered in Orlando, Florida.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site