Luna Innovations Stock (NASDAQ:LUNA), Analyst Ratings, Price Targets, Predictions

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 167.56% upside). 7 analyst firms have reported ratings in the last year.

The latest analyst rating for Luna Innovations (NASDAQ: LUNA) was provided by Needham, and Luna Innovations maintained their buy rating.

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.

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.

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.

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 $2.99, which is out of the analyst’s predicted range.