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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
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Laser breakthrough could send stock soaring 2,467% (Ad)
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The single greatest medical breakthrough of all time? (Ad)
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The single greatest medical breakthrough of all time? (Ad)
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Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Laser breakthrough could send stock soaring 2,467% (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
The single greatest medical breakthrough of all time? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
The single greatest medical breakthrough of all time? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Laser breakthrough could send stock soaring 2,467% (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
The single greatest medical breakthrough of all time? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
The single greatest medical breakthrough of all time? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NASDAQ:LUNA

Luna Innovations (LUNA) Stock Forecast, Price & News

$9.28
+0.14 (+1.53%)
(As of 06/2/2023 ET)
Compare
Today's Range
$8.77
$9.35
50-Day Range
$5.98
$9.29
52-Week Range
$4.06
$10.97
Volume
223,746 shs
Average Volume
233,067 shs
Market Capitalization
$309.95 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.17

Luna Innovations MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
1.2% Downside
$9.17 Price Target
Short Interest
Healthy
0.88% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.21mentions of Luna Innovations in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
47.62%
From $0.21 to $0.31 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.71 out of 5 stars

Business Services Sector

273rd out of 339 stocks

Commercial Physical Research Industry

14th out of 16 stocks


LUNA stock logo

About Luna Innovations (NASDAQ:LUNA) Stock

Luna Innovations, Inc. engages as an advanced optical technology company. The firm provides high performance fiber optic test, measurement and control products for the telecommunications and photonics industries, and distributed fiber optic sensing solutions that measure and monitor materials and structures for applications in aerospace, automotive, energy, oil and gas, security and infrastructure. Its distributed fiber optic sensing products help designers and manufacturers more efficiently develop new and innovative products by measuring stress, strain, and temperature at a high resolution for new designs or manufacturing processes. The company was founded by Kent A. Murphy in July 1990 and is headquartered in Roanoke, VA.

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LUNA Stock News Headlines

Beauty Around the Clock: Luna Blaise Boyd
Electric Luna first image LEAKED!
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
Diego Luna and Tony Gilroy tease
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
Luna Innovations (NASDAQ:LUNA) Now Covered by StockNews.com
See More Headlines

LUNA Price History

LUNA Company Calendar

Last Earnings
3/14/2023
Today
6/02/2023
Next Earnings (Estimated)
8/10/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Commercial physical research
Sub-Industry
N/A
Current Symbol
NASDAQ:LUNA
Employees
385
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$9.17
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
-1.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$9.28 million
Pretax Margin
-2.20%

Debt

Sales & Book Value

Annual Sales
$109.50 million
Cash Flow
$0.28 per share
Book Value
$2.82 per share

Miscellaneous

Free Float
31,367,000
Market Cap
$309.95 million
Optionable
Not Optionable
Beta
1.28

Key Executives

  • Scott A. Graeff
    President, CEO, Secretary, Treasurer & Director
  • Jackie Kline
    Senior Vice President-Operations
  • Eugene Nestro
    Chief Financial Officer & SVP-Finance
  • Brian J. Soller
    Chief Technology Officer & EVP
  • Salvan Farooqui
    SVP & Head-Global Sales& Marketing













LUNA Stock - Frequently Asked Questions

Should I buy or sell Luna Innovations stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Luna Innovations in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LUNA shares.
View LUNA analyst ratings
or view top-rated stocks.

What is Luna Innovations' stock price forecast for 2023?

3 brokers have issued twelve-month price objectives for Luna Innovations' shares. Their LUNA share price forecasts range from $8.00 to $10.00. On average, they predict the company's stock price to reach $9.17 in the next twelve months. This suggests that the stock has a possible downside of 1.2%.
View analysts price targets for LUNA
or view top-rated stocks among Wall Street analysts.

How have LUNA shares performed in 2023?

Luna Innovations' stock was trading at $8.79 at the beginning of 2023. Since then, LUNA shares have increased by 5.6% and is now trading at $9.28.
View the best growth stocks for 2023 here
.

When is Luna Innovations' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our LUNA earnings forecast
.

How were Luna Innovations' earnings last quarter?

Luna Innovations Incorporated (NASDAQ:LUNA) announced its quarterly earnings results on Tuesday, March, 14th. The scientific and technical instruments company reported $0.06 EPS for the quarter. The scientific and technical instruments company earned $31.70 million during the quarter, compared to the consensus estimate of $32.19 million. Luna Innovations had a negative net margin of 1.91% and a positive trailing twelve-month return on equity of 2.55%.

What guidance has Luna Innovations issued on next quarter's earnings?

Luna Innovations updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $125.00 million-$130.00 million, compared to the consensus revenue estimate of $126.72 million.

What is Scott A. Graeff's approval rating as Luna Innovations' CEO?

4 employees have rated Luna Innovations Chief Executive Officer Scott A. Graeff on Glassdoor.com. Scott A. Graeff has an approval rating of 73% among the company's employees.

What other stocks do shareholders of Luna Innovations own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Luna Innovations investors own include Roku (ROKU), General Electric (GE), Advanced Micro Devices (AMD), Inovio Pharmaceuticals (INO), Novavax (NVAX), NVIDIA (NVDA), Enphase Energy (ENPH), Nokia Oyj (NOK), Pfizer (PFE) and AbbVie (ABBV).

What is Luna Innovations' stock symbol?

Luna Innovations trades on the NASDAQ under the ticker symbol "LUNA."

Who are Luna Innovations' major shareholders?

Luna Innovations' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (5.58%), AMH Equity Ltd (4.53%), Punch & Associates Investment Management Inc. (3.67%), Dimensional Fund Advisors LP (2.73%), Wasatch Advisors LP (2.09%) and Rice Hall James & Associates LLC (1.45%).
View institutional ownership trends
.

How do I buy shares of Luna Innovations?

Shares of LUNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Luna Innovations' stock price today?

One share of LUNA stock can currently be purchased for approximately $9.28.

How much money does Luna Innovations make?

Luna Innovations (NASDAQ:LUNA) has a market capitalization of $309.95 million and generates $109.50 million in revenue each year. The scientific and technical instruments company earns $9.28 million in net income (profit) each year or ($0.07) on an earnings per share basis.

How many employees does Luna Innovations have?

The company employs 385 workers across the globe.

How can I contact Luna Innovations?

Luna Innovations' mailing address is 301 FIRST STREET SW SUITE 200, ROANOKE VA, 24011. The official website for the company is www.lunainc.com. The scientific and technical instruments company can be reached via phone at (540) 769-8400, via email at ir@lunainnovations.com, or via fax at 540-769-8401.

This page (NASDAQ:LUNA) was last updated on 6/3/2023 by MarketBeat.com Staff

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