Luna Innovations Incorporated (LUNA)

NASDAQ: LUNA · Real-Time Price · USD
1.500
-0.050 (-3.23%)
At close: Dec 20, 2024, 4:00 PM
1.510
+0.010 (0.67%)
After-hours: Dec 20, 2024, 5:07 PM EST
-3.23%
Market Cap 52.05M
Revenue (ttm) 116.61M
Net Income (ttm) -2.12M
Shares Out 34.70M
EPS (ttm) -0.06
PE Ratio n/a
Forward PE 5.00
Dividend n/a
Ex-Dividend Date n/a
Volume 205,500
Open 1.550
Previous Close 1.550
Day's Range 1.500 - 1.610
52-Week Range 1.430 - 7.920
Beta 1.62
Analysts Strong Buy
Price Target 8.00 (+433.33%)
Earnings Date Dec 27, 2024

About LUNA

Luna Innovations Incorporated provides fiber optic test, measurement, and control products worldwide. The company offers test and measurement equipment for fiber optic components and sub-assemblies; polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; and single frequency lasers. It also provides ODiSI sensing solution, which provides distributed strain and temperature measurements; distributed temperature sensing syste... [Read more]

Sector Technology
IPO Date Jun 2, 2006
Employees 344
Stock Exchange NASDAQ
Ticker Symbol LUNA
Full Company Profile

Financial Performance

In 2022, Luna Innovations's revenue was $109.50 million, an increase of 25.12% compared to the previous year's $87.51 million. Earnings were $9.28 million, an increase of 571.42%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for LUNA stock is "Strong Buy" and the 12-month stock price forecast is $8.0.

Price Target
$8.0
(433.33% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Luna Innovations Incorporated (LUNA) And Encourages Investors to Reach Out

NEW YORK CITY, NY / ACCESSWIRE / December 18, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Luna Innovations Incorporated ("Luna" or "the Compa...

2 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Luna Innovations Incorporated (LUNA) And Encourages Stockholders to Reach Out

NEW YORK CITY, NY / ACCESSWIRE / December 15, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Luna Innovations Incorporated ("Luna" or "the Compa...

5 days ago - Accesswire

Luna Innovations Receives Additional Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

ROANOKE, Va.--(BUSINESS WIRE)--Luna Innovations Incorporated (Nasdaq: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that it has received a written no...

5 weeks ago - Business Wire

Luna Innovations Announces CFO Transition: Names William Phelan as Chief Financial Officer and Chief Accounting Officer

ROANOKE, Va.--(BUSINESS WIRE)-- #Leadership--Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, today announced the appointment of William L. Phela...

2 months ago - Business Wire

Luna Innovations Announces Receipt of Nasdaq Staff Determination Letter

ROANOKE, Va,--(BUSINESS WIRE)--Luna Innovations Incorporated (Nasdaq: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that on October 1, 2024, it recei...

2 months ago - Business Wire

Luna Innovations Announces Receipt of Additional Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

ROANOKE, Va.--(BUSINESS WIRE)--Luna Innovations Incorporated (Nasdaq: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that it has received a written no...

4 months ago - Business Wire

Luna Announces Appointment of Kevin Ilcisin as CEO, Retirement of Richard Roedel and $15 Million Credit Facility from White Hat Capital Partners

ROANOKE, Va.--(BUSINESS WIRE)-- #Leadershipchanges--Luna Innovations Incorporated (NASDAQ: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced the appointm...

5 months ago - Business Wire

LUNA Stockholders: Robbins LLP is Investigating the Officers and Directors of Luna Innovations Incorporated; Contact the Firm for More Information

SAN DIEGO, June 28, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors it is investigating the officers and directors of Luna Innovations Incorporated (NASDAQ: LUNA) to determine whether they viol...

6 months ago - GlobeNewsWire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Luna Innovations Incorporated with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 31, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Luna Innovations Incorporated ("Lu...

7 months ago - Accesswire

DEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Luna

NEW YORK , May 31, 2024 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Luna Innovations Incorporated ("Luna" or the "Company") ...

7 months ago - PRNewsWire

Luna Innovations Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

ROANOKE, Va.--(BUSINESS WIRE)--Luna Innovations Incorporated (NASDAQ: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that it has received a written no...

7 months ago - Business Wire

Luna Innovations Announces Inducement Grants Under NASDAQ Listing Rule 5635(C)(4)

ROANOKE, Va.--(BUSINESS WIRE)--Luna Innovations Incorporated (NASDAQ: LUNA) (“Luna” or the “Company”), a global leader in advanced fiber optic-based technology, today announced two inducement grants p...

8 months ago - Business Wire

Luna Innovations Appoints New Senior Leadership Across Sales and Product Marketing

ROANOKE, Va.--(BUSINESS WIRE)-- #leadership--Luna Innovations Incorporated (NASDAQ: LUNA) (“Luna” or the “Company”), a global leader in advanced fiber optic-based technology, today announced the appoi...

8 months ago - Business Wire

Luna Innovations Retains Industry Veterans to Lead Strategy, Operations and Finance

ROANOKE, Va.--(BUSINESS WIRE)-- #leadership--Luna Innovations Incorporated (NASDAQ: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that it has retaine...

8 months ago - Business Wire

Investors in Luna Innovations Incorporated Should Contact The Gross Law Firm Before May 31, 2024 to Discuss Your Rights - LUNA

NEW YORK , April 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Luna Innovations Incorporated (NASDAQ: LUNA). Shareholders who purchased shares of LUNA duri...

8 months ago - PRNewsWire

SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Luna

NEW YORK , April 25, 2024 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Luna Innovations Incorporated ("Luna" or the "Company"...

8 months ago - PRNewsWire

LUNA Shareholders With Large Losses Should Contact Robbins LLP for Information About Their Rights Against Luna Innovations Incorporated

SAN DIEGO--(BUSINESS WIRE)---- $LUNA #LUNA--Robbins LLP is Investigating the Allegations that Luna Innovations Incorporated (LUNA) Lacked Proper Internal Controls.

8 months ago - Business Wire

Luna Innovations Announces Restatement of Financial Statements

ROANOKE, Va.--(BUSINESS WIRE)-- #Luna--Luna has determined that some of its financial statements cannot be relied upon and need to be restated.

8 months ago - Business Wire

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Luna Innovations Incorporated with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 14, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Luna Innovations Incorporated ("...

8 months ago - Accesswire

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Luna Innovations Incorporated with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Luna Innovations Incorporated ("...

8 months ago - Accesswire

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Luna

NEW YORK , April 13, 2024 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Luna Innovations Incorporated ("Luna" or the "Company"...

9 months ago - PRNewsWire

FINAL DEADLINE APPROACHING: The Schall Law Firm Encourages Investors in Luna Innovations Incorporated with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Luna Innovations Incorporated ("...

9 months ago - Accesswire

IMPORTANT DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Luna Innovations Incorporated with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Luna Innovations Incorporated ("...

9 months ago - Accesswire

The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 31, 2024 in Luna Innovations Incorporated Lawsuit - LUNA

NEW YORK , April 9, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Luna Innovations Incorporated (NASDAQ: LUNA). Shareholders who purchased shares of LUNA durin...

9 months ago - PRNewsWire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Luna Innovations Incorporated with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 9, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Luna Innovations Incorporated ("L...

9 months ago - Accesswire