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Lidar Concept
CP00038.US
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MicroVision (MVIS) Valuation: Assessing the Stock After Improved Quarterly Sales and Narrowed Losses

MicroVision (MVIS) reported improved quarterly sales and narrowed losses, yet its stock struggles with a 1-year return of -5.36%. Analysts suggest the stock is undervalued, with a fair value of $60, despite trading at $0.92. The company is transitioning from a single-industry focus to a multi-vertical technology supplier. Risks include defense contract setbacks and technological advances from competitors. Investors are advised to consider broader market opportunities and potential risks in MicroVision's valuation.

Simplywall·
US
MVIS
+1.96%
Simplywall·
US
MVIS
+1.96%

Volvo Drops LiDAR From Future Models as Luminar Partnership Collapses

Volvo will remove LiDAR from its future vehicles, ending its partnership with Luminar due to the supplier's failure to meet contractual obligations. This decision affects the EX90 and ES90 models from 2026 and may impact Polestar. Luminar faces financial struggles, including potential bankruptcy and an SEC investigation. Volvo will rely on cameras, radar, and core computing architecture for safety and driver support.

DriveTeslaCanada·
US
VLVLY
+3.33%
US
LAZR
-4.39%
DriveTeslaCanada·
US
VLVLY
+3.33%
US
LAZR
-4.39%

Volvo Bet Big On A Lidar Company. Why Is It Backing Off?

Volvo has decided to discontinue its relationship with Luminar, reversing its promise to make lidar standard on its EX90 and ES90 models due to limited supply of the hardware. This decision could lead Luminar to potential bankruptcy as it struggles with financial difficulties and defaults on loans. Luminar has laid off a quarter of its workforce and is seeking buyers. The company has suspended financial guidance and warns of significant damages to its core business.

InsideEVs·
US
LAZR
-4.39%
US
VLVLY
+3.33%
InsideEVs·
US
LAZR
-4.39%
US
VLVLY
+3.33%

Luminar is fighting with its biggest customer as bankruptcy threat looms

Luminar is embroiled in a major dispute with its largest customer, Volvo, which has canceled a key contract. This conflict arises as Luminar faces financial difficulties, including loan defaults and potential bankruptcy. The company has laid off 25% of its staff and is exploring selling itself. Luminar's founder, Austin Russell, resigned amid an ethics inquiry, and the company is under SEC investigation. Volvo's decision impacts Luminar's revenue and operations, leading to further complications with suppliers.

TechCrunch·
US
LAZR
-4.39%
TechCrunch·
US
LAZR
-4.39%

Volvo Cars says it will drop US supplier Luminar Technologies

Sweden's Volvo Cars said on Monday it would discontinue its relationship with Luminar Technologies , a maker of so-called lidar sensors for self-driving cars.

Reuters·
US
LAZR
-4.39%
Reuters·
US
LAZR
-4.39%
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