Luna Innovations (LUNA) Stock Forecast, Price Target & Predictions
LUNA Stock Forecast
Luna Innovations stock forecast is as follows: an average price target of $10.00 (represents a 509.76% upside from LUNA’s last price of $1.64) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
LUNA Price Target
The average price target for Luna Innovations (LUNA) is $10.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $10.00. This represents a potential 509.76% upside from LUNA's last price of $1.64.
LUNA Analyst Ratings
According to 2 Wall Street analysts, Luna Innovations's rating consensus is 'Buy'. The analyst rating breakdown for LUNA stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Luna Innovations Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 22, 2023 | Alex Henderson | Needham | $10.00 | $8.54 | 17.10% | 509.76% |
The latest Luna Innovations stock forecast, released on May 22, 2023 by Alex Henderson from Needham, set a price target of $10.00, which represents a 17.10% increase from the stock price at the time of the forecast ($8.54), and a 509.76% increase from LUNA last price ($1.64).
Luna Innovations Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $1.64 | $1.64 | $1.64 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Luna Innovations stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Luna Innovations's last price of $1.64. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 22, 2023 | Needham | - | Buy | Initialise |
| Nov 11, 2022 | B. Riley Securities | Buy | Buy | Hold |
Luna Innovations's last stock rating was published by Needham on May 22, 2023. The company Initialise its LUNA rating from "null" to "Buy".
Luna Innovations Financial Forecast
Luna Innovations Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $30.70M | $29.16M | $25.05M | $31.70M | $29.15M | $26.16M | $22.48M | $24.22M | $20.33M | $27.94M | $26.30M | $25.91M | $21.05M | $18.58M | $17.14M | $19.48M | $18.42M | $17.81M | $14.83M | $12.19M | $13.12M |
| Avg Forecast | $58.63M | $50.42M | $43.98M | $36.54M | $50.76M | $43.84M | $38.58M | $28.65M | $36.78M | $31.36M | $29.78M | $24.32M | $32.93M | $29.06M | $26.09M | $21.23M | $23.67M | $30.04M | $28.91M | $26.90M | $24.46M | $20.61M | $18.38M | $16.95M | $18.15M | $17.73M | $15.62M | $13.03M | $16.46M | $2.62M |
| High Forecast | $58.63M | $50.42M | $43.98M | $36.54M | $50.76M | $43.84M | $38.58M | $28.65M | $37.55M | $31.36M | $29.78M | $24.32M | $32.93M | $29.06M | $26.09M | $21.23M | $23.67M | $30.04M | $28.91M | $26.90M | $24.46M | $20.61M | $18.38M | $16.95M | $18.15M | $17.73M | $15.62M | $13.03M | $19.75M | $3.15M |
| Low Forecast | $58.63M | $50.42M | $43.98M | $36.54M | $50.76M | $43.84M | $38.58M | $28.65M | $35.71M | $31.36M | $29.78M | $24.32M | $32.93M | $29.06M | $26.09M | $21.23M | $23.67M | $30.04M | $28.91M | $26.90M | $24.46M | $20.61M | $18.38M | $16.95M | $18.15M | $17.73M | $15.62M | $13.03M | $13.17M | $2.10M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 14 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.98% | 0.98% | 1.03% | 0.96% | 1.00% | 1.00% | 1.06% | 1.02% | 0.68% | 0.97% | 0.98% | 1.06% | 1.02% | 1.01% | 1.01% | 1.07% | 1.04% | 1.14% | 1.14% | 0.74% | 5.00% |
Luna Innovations's average Quarter revenue forecast for Dec 23 based on 2 analysts is $36.78M, with a low forecast of $35.71M, and a high forecast of $37.55M. LUNA's average Quarter revenue forecast represents a 19.78% increase compared to the company's last Quarter revenue of $30.70M (Sep 23).
Luna Innovations EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 14 |
| EBITDA | - | - | - | - | - | - | - | - | - | $2.62M | $-558.00K | $-623.00K | $1.47M | $2.85M | $-2.41M | $-1.17M | $2.23M | $1.84M | $117.00K | $426.00K | $1.43M | $3.03M | $2.49M | $-299.00K | $2.45M | $2.23M | $1.64M | $-110.77K | $498.66K | $-308.24K |
| Avg Forecast | $2.77M | $2.38M | $2.08M | $1.72M | $2.40M | $2.07M | $1.82M | $1.35M | $1.74M | $1.48M | $1.41M | $1.15M | $1.55M | $1.84M | $1.65M | $1.35M | $1.50M | $1.91M | $1.83M | $536.76K | $1.55M | $1.31M | $1.17M | $-299.00K | $1.15M | $1.12M | $1.64M | $826.08K | $673.19K | $-832.24K |
| High Forecast | $2.77M | $2.38M | $2.08M | $1.72M | $2.40M | $2.07M | $1.82M | $1.35M | $1.77M | $1.48M | $1.41M | $1.15M | $1.55M | $1.84M | $1.65M | $1.35M | $1.50M | $1.91M | $1.83M | $644.11K | $1.55M | $1.31M | $1.17M | $-239.20K | $1.15M | $1.12M | $1.96M | $826.08K | $807.83K | $-665.79K |
| Low Forecast | $2.77M | $2.38M | $2.08M | $1.72M | $2.40M | $2.07M | $1.82M | $1.35M | $1.69M | $1.48M | $1.41M | $1.15M | $1.55M | $1.84M | $1.65M | $1.35M | $1.50M | $1.91M | $1.83M | $429.41K | $1.55M | $1.31M | $1.17M | $-358.80K | $1.15M | $1.12M | $1.31M | $826.08K | $538.55K | $-998.68K |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.77% | -0.40% | -0.54% | 0.95% | 1.55% | -1.46% | -0.87% | 1.49% | 0.97% | 0.06% | 0.79% | 0.92% | 2.32% | 2.14% | 1.00% | 2.13% | 1.98% | 1.00% | -0.13% | 0.74% | 0.37% |
2 analysts predict LUNA's average Quarter EBITDA for Dec 23 to be $1.74M, with a high of $1.77M and a low of $1.69M. This is -33.72% lower than Luna Innovations's previous annual EBITDA (Sep 23) of $2.62M.
Luna Innovations Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 14 |
| Net Income | - | - | - | - | - | - | - | - | - | $461.00K | $-1.04M | $-1.84M | $853.00K | $1.20M | $-2.94M | $-1.34M | $1.48M | $355.00K | $-230.00K | $-318.00K | $-64.00K | $3.10M | $1.37M | $-1.12M | $2.15M | $1.23M | $840.29K | $1.13M | $148.68K | $-1.36M |
| Avg Forecast | $7.40M | $4.93M | $2.82M | $704.37K | $5.28M | $3.52M | $1.76M | $528.28K | $4.75M | $2.51M | $1.77M | $50.33M | $3.26M | $2.15M | $1.06M | $25.87M | $638.34K | $1.81M | $1.83M | $-400.68K | $2.55M | $1.85M | $792.42K | $-1.12M | $1.50M | $1.23M | $840.29K | $-117.38K | $200.71K | $-3.66M |
| High Forecast | $7.40M | $4.93M | $2.82M | $704.37K | $5.94M | $3.52M | $1.76M | $528.28K | $5.43M | $2.52M | $1.77M | $50.33M | $3.26M | $2.15M | $1.06M | $31.04M | $638.34K | $1.81M | $1.83M | $-320.54K | $2.55M | $1.85M | $792.42K | $-892.80K | $1.50M | $1.23M | $1.01M | $-117.38K | $240.85K | $-2.93M |
| Low Forecast | $7.40M | $4.93M | $2.82M | $704.37K | $4.95M | $3.52M | $1.76M | $528.28K | $4.41M | $2.51M | $1.77M | $50.33M | $3.26M | $2.15M | $1.06M | $20.69M | $638.34K | $1.81M | $1.83M | $-480.82K | $2.55M | $1.85M | $792.42K | $-1.34M | $1.50M | $1.23M | $672.23K | $-117.38K | $160.57K | $-4.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.18% | -0.59% | -0.04% | 0.26% | 0.56% | -2.79% | -0.05% | 2.31% | 0.20% | -0.13% | 0.79% | -0.03% | 1.68% | 1.73% | 1.00% | 1.43% | 1.00% | 1.00% | -9.59% | 0.74% | 0.37% |
Luna Innovations's average Quarter net income forecast for Dec 23 is $4.75M, with a range of $4.41M to $5.43M. LUNA's average Quarter net income forecast represents a 930.96% increase compared to the company's last Quarter net income of $461.00K (Sep 23).
Luna Innovations SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 14 |
| SG&A | - | - | - | - | - | - | - | - | - | $12.83M | $13.44M | $13.30M | $15.02M | $12.66M | $15.76M | $14.10M | $10.54M | $9.67M | $13.14M | $11.29M | $8.56M | $6.50M | $6.20M | $6.38M | $6.41M | $5.75M | $6.00M | $6.21M | $3.81M | $4.50M |
| Avg Forecast | $24.07M | $20.70M | $18.05M | $15.00M | $20.84M | $18.00M | $15.84M | $11.76M | $15.10M | $12.87M | $12.22M | $9.98M | $13.52M | $11.93M | $10.71M | $8.71M | $9.71M | $12.33M | $11.87M | $14.23M | $10.04M | $8.46M | $7.55M | $6.38M | $7.45M | $7.28M | $6.00M | $5.35M | $5.14M | $1.08M |
| High Forecast | $24.07M | $20.70M | $18.05M | $15.00M | $20.84M | $18.00M | $15.84M | $11.76M | $15.41M | $12.87M | $12.22M | $9.98M | $13.52M | $11.93M | $10.71M | $8.71M | $9.71M | $12.33M | $11.87M | $17.07M | $10.04M | $8.46M | $7.55M | $7.65M | $7.45M | $7.28M | $7.20M | $5.35M | $6.17M | $1.29M |
| Low Forecast | $24.07M | $20.70M | $18.05M | $15.00M | $20.84M | $18.00M | $15.84M | $11.76M | $14.66M | $12.87M | $12.22M | $9.98M | $13.52M | $11.93M | $10.71M | $8.71M | $9.71M | $12.33M | $11.87M | $11.38M | $10.04M | $8.46M | $7.55M | $5.10M | $7.45M | $7.28M | $4.80M | $5.35M | $4.11M | $861.61K |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.00% | 1.10% | 1.33% | 1.11% | 1.06% | 1.47% | 1.62% | 1.09% | 0.78% | 1.11% | 0.79% | 0.85% | 0.77% | 0.82% | 1.00% | 0.86% | 0.79% | 1.00% | 1.16% | 0.74% | 4.17% |
Luna Innovations's average Quarter SG&A projection for Dec 23 is $15.10M, based on 2 Wall Street analysts, with a range of $14.66M to $15.41M. The forecast indicates a 17.68% rise compared to LUNA last annual SG&A of $12.83M (Sep 23).
Luna Innovations EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 14 |
| EPS | - | - | - | - | - | - | - | - | - | $0.01 | $-0.03 | $-0.06 | $0.02 | $0.04 | $-0.09 | $-0.04 | $0.05 | $0.01 | $-0.01 | $-0.01 | $-0.00 | $0.10 | $0.04 | $-0.04 | $0.07 | $0.04 | $0.03 | $0.04 | $0.01 | $-0.05 |
| Avg Forecast | $0.21 | $0.14 | $0.08 | $0.02 | $0.15 | $0.10 | $0.05 | $0.01 | $0.13 | $0.07 | $0.05 | $1.43 | $0.09 | $0.06 | $0.03 | $0.02 | $0.02 | $0.05 | $0.05 | $0.04 | $0.07 | $0.05 | $0.02 | $0.02 | $0.04 | $0.04 | $0.01 | $-0.00 | $0.03 | $-0.03 |
| High Forecast | $0.21 | $0.14 | $0.08 | $0.02 | $0.17 | $0.10 | $0.05 | $0.01 | $0.15 | $0.07 | $0.05 | $1.43 | $0.09 | $0.06 | $0.03 | $0.02 | $0.02 | $0.05 | $0.05 | $0.04 | $0.07 | $0.05 | $0.02 | $0.02 | $0.04 | $0.04 | $0.01 | $-0.00 | $0.03 | $-0.02 |
| Low Forecast | $0.21 | $0.14 | $0.08 | $0.02 | $0.14 | $0.10 | $0.05 | $0.01 | $0.13 | $0.07 | $0.05 | $1.43 | $0.09 | $0.06 | $0.03 | $0.02 | $0.02 | $0.05 | $0.05 | $0.04 | $0.07 | $0.05 | $0.02 | $0.02 | $0.04 | $0.04 | $0.01 | $-0.00 | $0.02 | $-0.03 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.14% | -0.61% | -0.04% | 0.22% | 0.66% | -3.02% | -2.68% | 2.54% | 0.19% | -0.19% | -0.22% | -0.03% | 1.90% | 1.78% | -2.29% | 1.65% | 1.14% | 3.00% | -12.00% | 0.33% | 1.67% |
According to 2 Wall Street analysts, Luna Innovations's projected average Quarter EPS for Dec 23 is $0.13, with a low estimate of $0.13 and a high estimate of $0.15. This represents a 1249.50% increase compared to LUNA previous annual EPS of $0.01 (Sep 23).
Luna Innovations Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LUNA | Luna Innovations | $1.64 | $10.00 | 509.76% | Buy |
| VPG | Vishay Precision Group | $21.09 | $27.00 | 28.02% | - |
| MLAB | Mesa Laboratories | $99.75 | $120.00 | 20.30% | Buy |
| GNSS | Genasys | $3.82 | $4.50 | 17.80% | - |
| FTV | Fortive | $74.50 | $86.50 | 16.11% | Buy |
| NOVT | Novanta | $165.72 | $175.00 | 5.60% | Buy |
| ESE | ESCO | $146.25 | $145.00 | -0.85% | Buy |
| BMI | Badger Meter | $211.07 | $204.60 | -3.07% | Hold |
| ITRI | Itron | $115.03 | $89.91 | -21.84% | Buy |