![]() ![]() Meanwhile, NASDAQ analysis of its stakeholders revealed that the insiders, or the management, control 32% of the shares, indicating a strong sense of leadership.īest LiDAR Tech Stocks Quanergy Systems (NYSE: QNGY) Sometimes the financial results beat Wall Street expectations, such as what happened in its third-quarter 2021 report, where it generated sales of $3.5 million instead of the $2.99 million forecasted. This tech could significantly improve the precision or accuracy of self-driving vehicles, making them safer and hopefully more road compliant.įinancially, Aeva is an incredibly healthy company, with year-over-year growth of over 290% of its quarterly revenues and a year-over-year 10% increase in its net profit. to supply LiDAR sensors for robotic assemblies in its factories.īut perhaps its recent source of pride - and the biggest one - is manufacturing the world’s first 4D sensor with a camera-level resolution, a technology that could be a game-changer in producing self-driving cars. With its capacity to scale and ready buyers, this LiDAR stock could be ripe for higher growth.įounded by former Apple engineers, California-based Aeva Technologies already has a captive market with its partnership with companies like Niko Corp. and Amazon, which purchased 40 million of the company shares this purchase caused the company stock price to soar by 50%. These include a five-year sales agreement with the defense and security firm QinetiQ Inc. While Ouster knows there’s a vast opportunity for customer and financial growth in autonomous vehicles, it is not putting all its eggs in one basket, which could help hedge against market downturns. In 2021, Ouster became one of the teams tapped for developing smart infrastructure projects, which could help increase its total addressable market (TAM) to $2.8 billion by 2025 for this vertical alone. The robotics market, for example, could achieve a compound annual growth rate (CAGR) of 10% and earn $70 billion by 2028, according to Statista. The diversification of its markets can potentially work to its advantage. This San Francisco-based company produces scalable high-resolution digital LiDAR sensors for various applications that range from automotive markets to smart infrastructure and robotics. While its ticker symbol sounds ominous, Ouster LiDAR stocks could have a bright future ahead, especially within the next few years. Its robust partnership with long-established global brands focus on fully autonomous vehicles, and stable finances make Luminar a possible top contender for LiDAR stocks. The company’s financial position is also healthy, with Luminary anticipating that it could capture a 4% market share for commercial and consumer vehicles by 2030. However, Luminar likes to set its sights high by developing sensors for Airbus, which also has plans to test new tech to enhance customer comfort and retain its industry leadership. The company aims to make autonomous driving more mainstream by allowing its partners to scale the production of these vehicles.Īutonomous driving innovations could bolster the growth of this LiDAR company, as the market size for autonomous cars could expand in 2025. ![]() Luminar Technologies is one of the leading LiDAR companies that produce chips from scratch for some of the largest automakers, such as Mercedes-Benz. ![]() Top LiDAR Stocks Luminar Technologies (NASDAQ: LAZR) ![]() Check out our list of LiDAR stocks to kick-start your research. ![]()
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