How do analysts currently rate LIDAR's stock and what are their target prices?
8/1/2025 12:21am
Analysts currently rate LIDR's stock as a "Strong Buy" with a consensus price target of $22.33, suggesting a potential upside of 53.91% from the current share price of $14.51. Here's a detailed analysis:
1. **Analyst Ratings**:
- The consensus rating for LIDR's stock is a "Strong Buy" as of July 29, 2025.
2. **Price Target**:
- The average price target set by analysts is $22.33, which represents a significant upside potential of 53.91% from the current price of $14.51.
- Some analysts have set price targets as high as $26.00, indicating even greater potential for the stock's value to increase.
3. **Analyst Optimism**:
- Despite negative earnings and revenue figures, analyst sentiment remains positive, with expectations of improved performance in upcoming quarters.
- The strong buy rating and price target suggest that analysts are optimistic about LIDR's strategic focus on lidar technologies and its commitment to innovation.
In summary, analysts have a bullish outlook on LIDR's stock, with a "Strong Buy" rating and a high average price target indicating potential for significant growth from the current price.