Luna Innovations Incorporated (LUNA)
NASDAQ: LUNA · Real-Time Price · USD
1.575
-0.085 (-5.12%)
Nov 4, 2024, 4:00 PM EST - Market closed

Luna Innovations Stock Forecast

LUNA's stock price has decreased by -74.92% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Luna Innovations stock has a target of 8.00, which predicts an increase of 407.94% from the current stock price of 1.58.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $8.00 $8.00 $8.00 $8.00
Change +407.94% +407.94% +407.94% +407.94%
* Price targets were last updated on May 6, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for LUNA is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 333331
Buy 000000
Hold 111110
Sell 000000
Strong Sell 000000
Total 444441

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Reiterates
$8
Strong Buy Reiterates $8 +407.94% May 6, 2024
Needham
Needham
Strong Buy
Maintains
$10$8
Strong Buy Maintains $10$8 +407.94% Nov 16, 2023
Northland Capital Markets
Northland Capital Markets
Hold
Maintains
$7$8
Hold Maintains $7$8 +407.94% Aug 11, 2023
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$12$12
Strong Buy Maintains $12$12 +630.16% Aug 11, 2023
Needham
Needham
Strong Buy
Reiterates
$10
Strong Buy Reiterates $10 +534.92% Aug 11, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
124.12M
from 109.50M
Increased by 13.35%
Revenue Next Year
138.96M
from 124.12M
Increased by 11.96%
EPS This Year
0.26
from 0.28
Decreased by -10.25%
EPS Next Year
0.32
from 0.26
Increased by 25.75%
Fiscal Year FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Period Ending Dec 31, 2018 Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025
Revenue
42.92M70.52M59.12M87.51M109.50M124.12M138.96M159.40M
Revenue Growth
29.73%64.31%-16.17%48.04%25.12%13.35%11.96%14.71%
EPS
0.390.160.100.040.280.260.320.44
EPS Growth
-25.76%-58.91%-37.96%-56.03%552.19%-10.25%25.75%36.51%
Forward PE
-----6.164.903.59
No. Analysts -----664
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025
High 129.2M 143.1M 164.1M
Avg 124.1M 139.0M 159.4M
Low 117.7M 133.5M 153.2M

Revenue Growth

Revenue Growth 202320242025
High
17.9%
15.3%
18.1%
Avg
13.4%
12.0%
14.7%
Low
7.5%
7.6%
10.2%

EPS Forecast

EPS 202320242025
High 0.28 0.33 0.45
Avg 0.26 0.32 0.44
Low 0.23 0.31 0.42

EPS Growth

EPS Growth 202320242025
High
-0.4%
29.4%
40.5%
Avg
-10.3%
25.7%
36.5%
Low
-20.1%
20.8%
31.2%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.