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Luna Innovations Inc
NASDAQ:LUNA

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Luna Innovations Inc Logo
Luna Innovations Inc
NASDAQ:LUNA
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Price: 1.99 USD Market Closed
Updated: Apr 29, 2024

Wall Street
Price Targets

LUNA Price Targets Summary
Luna Innovations Inc

Wall Street analysts forecast LUNA stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for LUNA is 9.31 USD with a low forecast of 7.07 USD and a high forecast of 13.13 USD.

Lowest
Price Target
7.07 USD
255% Upside
Average
Price Target
9.31 USD
368% Upside
Highest
Price Target
13.13 USD
560% Upside

LUNA Last Price Targets
Luna Innovations Inc

The latest public price target was made on May 22, 2023 by Alex Henderson from Needham , who expects LUNA stock to rise by 403% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Alex Henderson
Needham
10 USD
Upside 403%
11 months ago
May 22, 2023
Luna in the Spotlight: Analyst Initiates Coverage with High Hopes for Revenue and EPS Growth
Benzinga
Alex Henderson
Needham
Price Target 10 USD
Upside/Downside 403%
View Source
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Revenue
Forecast

Revenue Estimate
Luna Innovations Inc

For the last 8 years the compound annual growth rate for Luna Innovations Inc's revenue is 23%. The projected CAGR for the next 3 years is 21%.

23%
Past Growth
21%
Estimated Growth
Estimates Accuracy
-8%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Luna Innovations Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-60%
Average Miss

Net Income
Forecast

Net Income Estimate
Luna Innovations Inc

For the last 8 years the compound annual growth rate for Luna Innovations Inc's net income is 6%. The projected CAGR for the next 3 years is 19%.

6%
Past Growth
19%
Estimated Growth
Estimates Accuracy
-28%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is LUNA's stock price target?
Price Target
9.31 USD

According to Wall Street analysts, the average 1-year price target for LUNA is 9.31 USD with a low forecast of 7.07 USD and a high forecast of 13.13 USD.

What is Luna Innovations Inc's Revenue forecast?
Projected CAGR
21%

For the last 8 years the compound annual growth rate for Luna Innovations Inc's revenue is 23%. The projected CAGR for the next 3 years is 21%.

What is Luna Innovations Inc's Net Income forecast?
Projected CAGR
19%

For the last 8 years the compound annual growth rate for Luna Innovations Inc's net income is 6%. The projected CAGR for the next 3 years is 19%.