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Luna Innovations (LUNA) Stock Forecast & Price Target

Luna Innovations logo
$1.86 +0.22 (+13.41%)
(As of 11/22/2024 ET)

Luna Innovations - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
1

Based on 1 Wall Street analysts who have issued ratings for Luna Innovations in the last 12 months, the stock has a consensus rating of "Buy." Out of the 1 analysts, 1 has given a buy rating for LUNA.

Consensus Price Target

$8.00
330.11% Upside
According to the 1 analysts' twelve-month price targets for Luna Innovations, the average price target is $8.00. The highest price target for LUNA is $8.00, while the lowest price target for LUNA is $8.00. The average price target represents a forecasted upside of 330.11% from the current price of $1.86.
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LUNA Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$8.00$8.00$8.00$10.00
Forecasted Upside330.11% Upside349.44% Upside208.88% Upside56.99% Upside
Consensus Rating
Buy
Buy
Buy
Moderate Buy

LUNA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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LUNA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Luna Innovations Stock vs. The Competition

TypeLuna InnovationsBusiness Services CompaniesS&P 500
Consensus Rating Score
3.00
2.68
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside330.11% Upside346.15% Upside7.66% Upside
News Sentiment Rating
Neutral News

See Recent LUNA News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/6/2024Needham & Company LLC
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$8.00+161.44%
8/11/2023B. Riley
4 of 5 stars
 Lower TargetBuy ➝ Buy$12.00 ➝ $11.50+49.35%
8/11/2023Northland Securities
4 of 5 stars
 Boost TargetMarket Perform ➝ Market Perform$7.00 ➝ $8.00+4.58%
7/28/2023Stifel Nicolaus
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 Initiated CoverageBuy$12.50+48.28%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:49 AM ET.


LUNA Forecast - Frequently Asked Questions

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Luna Innovations is $8.00, with a high forecast of $8.00 and a low forecast of $8.00.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Luna Innovations in the last year. There is currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" LUNA shares.

According to analysts, Luna Innovations's stock has a predicted upside of 330.11% based on their 12-month stock forecasts.

Analysts like Luna Innovations more than other "business services" companies. The consensus rating for Luna Innovations is Buy while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how LUNA compares to other companies.


This page (NASDAQ:LUNA) was last updated on 11/23/2024 by MarketBeat.com Staff
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