$1.99
-0.06[-2.93%]
At close: Apr 25
$1.99
0[0.00%]
After Hours: 5:07PM EDT
Luna Innovations
(NASDAQ:LUNA)Luna Innovations Stock (NASDAQ:LUNA), Analyst Ratings, Price Targets, Predictions
Luna Innovations Inc has a consensus price target of $10, established from looking at the 10 latest analyst ratings. The last 3 analyst ratings were released from Needham, Northland Capital Markets, and B. Riley Securities on November 16, 2023, August 11, 2023, and August 11, 2023. With an average price target of $9.17 between Needham, Northland Capital Markets, and B. Riley Securities, there's an implied 360.64% upside for Luna Innovations Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Needham
Northland Capital Markets
B. Riley Securities
Stifel
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Luna Innovations
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 11/16/2023 | LUNA | Buy Now | Luna Innovations | $1.99 | 302.01% | Needham | Alex Henderson | $10 → $8 | Maintains | Buy | Get Alert |
| 08/11/2023 | LUNA | Buy Now | Luna Innovations | $1.99 | 302.01% | Northland Capital Markets | Tim Savageaux | $7 → $8 | Maintains | Market Perform | Get Alert |
| 08/11/2023 | LUNA | Buy Now | Luna Innovations | $1.99 | 477.89% | B. Riley Securities | Dave Kang | $12 → $11.5 | Maintains | Buy | Get Alert |
| 08/11/2023 | LUNA | Buy Now | Luna Innovations | $1.99 | 402.51% | Needham | Alex Henderson | → $10 | Reiterates | Buy → Buy | Get Alert |
| 07/28/2023 | LUNA | Buy Now | Luna Innovations | $1.99 | 528.14% | Stifel | Ruben Roy | → $12.5 | Initiates | → Buy | Get Alert |
| 05/31/2023 | LUNA | Buy Now | Luna Innovations | $1.99 | 402.51% | Needham | Alex Henderson | → $10 | Reiterates | Buy → Buy | Get Alert |
| 05/22/2023 | LUNA | Buy Now | Luna Innovations | $1.99 | 402.51% | Needham | Alex Henderson | → $10 | Initiates | → Buy | Get Alert |
| 03/15/2023 | LUNA | Buy Now | Luna Innovations | $1.99 | 302.01% | Northland Capital Markets | Tim Savageaux | → $8 | Downgrade | Outperform → Market Perform | Get Alert |
| 11/11/2022 | LUNA | Buy Now | Luna Innovations | $1.99 | 377.39% | B. Riley Securities | Dave Kang | $11.5 → $9.5 | Maintains | Buy | Get Alert |
| 05/23/2022 | LUNA | Buy Now | Luna Innovations | $1.99 | 302.01% | Northland Capital Markets | Tim Savageaux | → $8 | Upgrade | Market Perform → Outperform | Get Alert |
FAQ
What is the target price for Luna Innovations (LUNA)?
The latest price target for Luna Innovations (NASDAQ: LUNA) was reported by Needham on November 16, 2023. The analyst firm set a price target for $8.00 expecting LUNA to rise to within 12 months (a possible 302.01% upside). 7 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Luna Innovations (LUNA)?
The latest analyst rating for Luna Innovations (NASDAQ: LUNA) was provided by Needham, and Luna Innovations maintained their buy rating.
When was the last upgrade for Luna Innovations (LUNA)?
The last upgrade for Luna Innovations Inc happened on May 23, 2022 when Northland Capital Markets raised their price target to $8. Northland Capital Markets previously had a market perform for Luna Innovations Inc.
When was the last downgrade for Luna Innovations (LUNA)?
The last downgrade for Luna Innovations Inc happened on March 15, 2023 when Northland Capital Markets changed their price target from N/A to $8 for Luna Innovations Inc.
When is the next analyst rating going to be posted or updated for Luna Innovations (LUNA)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Luna Innovations, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Luna Innovations was filed on November 16, 2023 so you should expect the next rating to be made available sometime around November 16, 2024.
Is the Analyst Rating Luna Innovations (LUNA) correct?
While ratings are subjective and will change, the latest Luna Innovations (LUNA) rating was a maintained with a price target of $10.00 to $8.00. The current price Luna Innovations (LUNA) is trading at is $1.99, which is out of the analyst’s predicted range.
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