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
Luna Innovations Stock Forecast
LUNA's stock price has decreased by -77.81% 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 433.33% from the current stock price of 1.50.
Analyst Consensus: Strong Buy
* 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +433.33% | May 6, 2024 |
| Needham | Needham | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +433.33% | Nov 16, 2023 |
| Northland Capital Markets | Northland Capital Markets | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | +433.33% | Aug 11, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $12 → $12 | Strong Buy | Maintains | $12 → $12 | +666.67% | Aug 11, 2023 |
| Needham | Needham | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +566.67% | Aug 11, 2023 |
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%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| 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 | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 17.9% | 15.3% | 18.1% |
| Avg | 13.4% | 12.0% | 14.7% |
| Low | 7.5% | 7.6% | 10.2% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| 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 | 2023 | 2024 | 2025 |
|---|---|---|---|
| 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.