Ouster (OUST) projects 30-50% annual revenue growth with new chip launches. Luminar Technologies (LAZR) cuts debt and anticipates over $100M in cost savings. LiDAR technology is gaining popularity in the automotive sector for its accuracy in 3D mapping and object detection. OUST and LAZR are developing advanced sensing solutions to become industry leaders.

Ouster aims for $75 million in annual cost synergies post-merger with Velodyne. The company is shifting towards software-driven offerings for recurring revenue streams. LAZR partners with major OEMs and focuses on core technologies for cost savings. Both companies are well-positioned for LiDAR adoption in autonomous vehicles and industrial automation.

Financially, OUST anticipates 30-50% annual revenue growth, while LAZR expects over $100 million in cost savings annually. OUST trades at a higher price-to-sales ratio compared to LAZR. OUST shares have gained 131.6% year to date, while LAZR has lost 47%. Both stocks hold a Zacks Rank #3 (Hold), with OUST showing potential for growth.

Read more at Zacks Investment Research: Ouster vs. Luminar: Which LiDAR Powerhouse is a Safer Long-Term Play? – July 16, 2025