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 365.12% upside from LUNA’s last price of $2.15) 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 365.12% upside from LUNA's last price of $2.15.
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% | 365.12% |
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 365.12% increase from LUNA last price ($2.15).
Luna Innovations Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $2.15 | $2.15 | $2.15 |
| 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 $2.15. 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 | $37.04M | $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 | $37.82M | $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 | $35.97M | $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 | 3 | 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 3 analysts is $37.04M, with a low forecast of $35.97M, and a high forecast of $37.82M. LUNA's average Quarter revenue forecast represents a 20.65% 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 | 3 | 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 | $3.72M | $3.20M | $2.79M | $2.32M | $3.22M | $2.78M | $2.45M | $1.82M | $2.35M | $1.99M | $1.89M | $1.54M | $2.09M | $2.96M | $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 | $3.72M | $3.20M | $2.79M | $2.32M | $3.22M | $2.78M | $2.45M | $1.82M | $2.40M | $1.99M | $1.89M | $1.54M | $2.09M | $3.55M | $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 | $3.72M | $3.20M | $2.79M | $2.32M | $3.22M | $2.78M | $2.45M | $1.82M | $2.28M | $1.99M | $1.89M | $1.54M | $2.09M | $2.37M | $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 % | - | - | - | - | - | - | - | - | - | 1.32% | -0.30% | -0.40% | 0.71% | 0.96% | -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% |
3 analysts predict LUNA's average Quarter EBITDA for Dec 23 to be $2.35M, with a high of $2.40M and a low of $2.28M. This is -10.31% 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 | 3 | 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 | $4.79M | $2.51M | $1.77M | $50.33M | $3.26M | $571.11K | $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 | $5.28M | $3.52M | $2.05M | $528.28K | $5.47M | $2.51M | $1.77M | $50.33M | $3.26M | $685.33K | $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 | $5.28M | $3.52M | $1.47M | $528.28K | $4.45M | $2.51M | $1.77M | $50.33M | $3.26M | $456.88K | $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% | 2.09% | -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 $4.79M, with a range of $4.45M to $5.47M. LUNA's average Quarter net income forecast represents a 938.68% 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 | 3 | 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 | $15.21M | $12.87M | $12.22M | $9.98M | $13.52M | $15.56M | $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 | $15.52M | $12.87M | $12.22M | $9.98M | $13.52M | $18.68M | $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 | $14.77M | $12.87M | $12.22M | $9.98M | $13.52M | $12.45M | $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% | 0.81% | 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 $15.21M, based on 3 Wall Street analysts, with a range of $14.77M to $15.52M. The forecast indicates a 18.52% 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 | 3 | 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 | $0.14 | $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 | $0.15 | $0.10 | $0.06 | $0.01 | $0.16 | $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 | $0.15 | $0.10 | $0.04 | $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 3 Wall Street analysts, Luna Innovations's projected average Quarter EPS for Dec 23 is $0.14, with a low estimate of $0.13 and a high estimate of $0.16. This represents a 1259.60% 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 | $2.15 | $10.00 | 365.12% | Buy |
| GNSS | Genasys | $3.43 | $4.50 | 31.20% | - |
| FTV | Fortive | $74.73 | $86.38 | 15.59% | Buy |
| NOVT | Novanta | $171.03 | $175.00 | 2.32% | Buy |
| ESE | ESCO | $122.71 | $120.00 | -2.21% | Buy |
| MLAB | Mesa Laboratories | $122.80 | $120.00 | -2.28% | Buy |
| BMI | Badger Meter | $213.59 | $199.20 | -6.74% | Hold |
| ITRI | Itron | $104.30 | $89.91 | -13.80% | Buy |
LUNA Forecast FAQ
Is Luna Innovations a good buy?
Yes, according to 2 Wall Street analysts, Luna Innovations (LUNA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of LUNA's total ratings.
What is LUNA's price target?
Luna Innovations (LUNA) average price target is $10 with a range of $10 to $10, implying a 365.12% from its last price of $2.15. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Luna Innovations stock go up soon?
According to Wall Street analysts' prediction for LUNA stock, the company can go up by 365.12% (from the last price of $2.15 to the average price target of $10), up by 365.12% based on the highest stock price target, and up by 365.12% based on the lowest stock price target.
Can Luna Innovations stock reach $3?
LUNA's average twelve months analyst stock price target of $10 supports the claim that Luna Innovations can reach $3 in the near future.
What are Luna Innovations's analysts' financial forecasts?
Luna Innovations's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $161.84M (high $161.84M, low $161.84M), average EBITDA is $10.26M (high $10.26M, low $10.26M), average net income is $11.09M (high $11.39M, low $10.8M), average SG&A $66.43M (high $66.43M, low $66.43M), and average EPS is $0.315 (high $0.323, low $0.307). LUNA's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $189.57M (high $189.57M, low $189.57M), average EBITDA is $12.02M (high $12.02M, low $12.02M), average net income is $15.85M (high $15.85M, low $15.85M), average SG&A $77.82M (high $77.82M, low $77.82M), and average EPS is $0.45 (high $0.45, low $0.45).
Did the LUNA's actual financial results beat the analysts' financial forecasts?
Based on Luna Innovations's last annual report (Dec 2022), the company's revenue was $109.5M, beating the average analysts forecast of $109.3M by 0.18%. Apple's EBITDA was $3.78M, missing the average prediction of $8.05M by -53.03%. The company's net income was $-2.3M, missing the average estimation of $30.75M by -107.48%. Apple's SG&A was $57.54M, beating the average forecast of $48.5M by 18.64%. Lastly, the company's EPS was $-0.0706, missing the average prediction of $0.199 by -135.47%. In terms of the last quarterly report (Sep 2023), Luna Innovations's revenue was $30.7M, missing the average analysts' forecast of $31.36M by -2.09%. The company's EBITDA was $2.62M, beating the average prediction of $1.99M by 31.70%. Luna Innovations's net income was $461K, missing the average estimation of $2.51M by -81.66%. The company's SG&A was $12.83M, missing the average forecast of $12.87M by -0.34%. Lastly, the company's EPS was $0.01, missing the average prediction of $0.0714 by -85.99%