Lidr stock forecast updated LIDR stock forecast takes into

Updated LIDR stock forecast takes into account potential M&A activity in the LiDAR industry, as tech giants increase their interest in acquiring sensor technology innovators. Like many other start-ups backed by special purpose acquisition companies ( SPACs ), Luminar overpromised and underdelivered. Rising rates then highlighted its losses and crushed its valuations. But at these depressed levels, could Luminar be a good contrarian play for the next three years? Be the first to see our newest insights and key updates across all datasets LIDR stock forecast sees potential upside in 2024 as LiDAR technology gains adoption in EV and autonomous driving markets. Analyst consensus leans bullish, with recent trading volume spikes indicating growing investor interest within the automotive tech sector.