Luna Innovations Incorporated (LUNA)
NASDAQ: LUNA · IEX Real-Time Price · USD
3.365
+0.225 (7.17%)
At close: Mar 27, 2024, 4:00 PM
3.350
-0.015 (-0.45%)
Pre-market: Mar 28, 2024, 4:50 AM 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 197.18% from the current stock price of 3.37.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 16, 2023.
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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '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 Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +137.74% | Nov 16, 2023 |
Northland Capital Markets | Northland Capital Markets | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | +137.74% | Aug 11, 2023 |
B. Riley Securities | B. Riley Securities | Strong Buy Maintains $12 → $12 | Strong Buy | Maintains | $12 → $12 | +241.75% | Aug 11, 2023 |
Needham | Needham | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +197.18% | Aug 11, 2023 |
Stifel | Stifel | Strong Buy Initiates $13 | Strong Buy | Initiates | $13 | +271.47% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
124.37M
from 109.50M
Increased by 13.58%
Revenue Next Year
173.37M
from 124.37M
Increased by 39.40%
EPS This Year
0.26
from 0.28
Decreased by -8.05%
EPS Next Year
0.34
from 0.26
Increased by 33.72%
Revenue Forecast
Revenue | 2023 | 2024 | 2025 |
---|---|---|---|
High | 129.2M | 183.4M | 199.1M |
Avg | 124.4M | 173.4M | 193.4M |
Low | 117.7M | 161.9M | 185.8M |
Revenue Growth
Revenue Growth | 2023 | 2024 | 2025 |
---|---|---|---|
High | 17.9% | 47.5% | 14.8% |
Avg | 13.6% | 39.4% | 11.5% |
Low | 7.5% | 30.2% | 7.2% |
EPS Forecast
EPS | 2023 | 2024 | 2025 |
---|---|---|---|
High | 0.28 | 0.38 | 0.46 |
Avg | 0.26 | 0.34 | 0.45 |
Low | 0.23 | 0.31 | 0.43 |
EPS Growth
EPS Growth | 2023 | 2024 | 2025 |
---|---|---|---|
High | 1.3% | 46.8% | 34.2% |
Avg | -8.1% | 33.7% | 30.4% |
Low | -18.8% | 19.9% | 25.3% |
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.