Luna Innovations Incorporated (LUNA)
NASDAQ: LUNA · IEX Real-Time Price · USD
2.955
+0.005 (0.17%)
At close: Jul 2, 2024, 4:00 PM
2.860
-0.095 (-3.21%)
After-hours: Jul 2, 2024, 4:37 PM EDT
Luna Innovations Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Luna Innovations stock have an average target of 10, with a low estimate of 8.00 and a high estimate of 12.5. The average target predicts an increase of 238.41% from the current stock price of 2.96.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 6, 2024.
Analyst Ratings
The average analyst rating for LUNA stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +170.73% | May 6, 2024 |
Needham | Needham | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +170.73% | Nov 16, 2023 |
Northland Capital Markets | Northland Capital Markets | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | +170.73% | Aug 11, 2023 |
B. Riley Securities | B. Riley Securities | Strong Buy Maintains $12 → $12 | Strong Buy | Maintains | $12 → $12 | +289.17% | Aug 11, 2023 |
Needham | Needham | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +238.41% | Aug 11, 2023 |
Financial Forecast
Revenue This Year
124.12M
from 109.50M
Increased by 13.35%
Revenue Next Year
168.54M
from 124.12M
Increased by 35.79%
EPS This Year
0.26
from 0.28
Decreased by -8.75%
EPS Next Year
0.32
from 0.26
Increased by 25.75%
Revenue Forecast
Revenue | 2023 | 2024 | 2025 |
---|---|---|---|
High | 129.2M | 173.5M | 199.1M |
Avg | 124.1M | 168.5M | 193.4M |
Low | 117.7M | 161.9M | 185.8M |
Revenue Growth
Revenue Growth | 2023 | 2024 | 2025 |
---|---|---|---|
High | 17.9% | 39.8% | 18.1% |
Avg | 13.4% | 35.8% | 14.7% |
Low | 7.5% | 30.5% | 10.2% |
EPS Forecast
EPS | 2023 | 2024 | 2025 |
---|---|---|---|
High | 0.28 | 0.33 | 0.46 |
Avg | 0.26 | 0.32 | 0.45 |
Low | 0.23 | 0.31 | 0.43 |
EPS Growth
EPS Growth | 2023 | 2024 | 2025 |
---|---|---|---|
High | 1.3% | 29.4% | 43.8% |
Avg | -8.7% | 25.7% | 39.7% |
Low | -18.8% | 20.8% | 34.2% |
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.