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Luminar Technologies: Still On Track To Meet FY30 Targets
LAZRLuminar Technologies(LAZR) Seeking Alpha·2024-04-02 05:07
gremlin Investment action I recommended a buy rating for Luminar Technologies (NASDAQ:LAZR) when I wrote about it the last time, as execution was on point and the business was working well towards its FY30 targets, notably with the cash position potentially improving. Based on my current outlook and analysis, I recommend a buy rating. I believe the near-term share price weakness is due to investors being overly focused on the headline EV production weakness and not giving credit to LAZR execution so far ...