S&P 500   3,783.28
DOW   30,273.87
QQQ   281.98
5 Tips I Wish I Knew Before Starting My Business
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Live Updates: Russia-Ukraine War
Too Soon: 3 Reasons to Wait on DocuSign Stock
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)pixel
OPEC+ makes big oil cut to boost prices; pump costs may rise
WTO predicts trade growth to slow next year amid crises
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)pixel
Stocks slump as Wall Street’s big rally fades, yields rise
Rite-Aid Sings a Familiar Tune That Investors Don’t Want to Hear
S&P 500   3,783.28
DOW   30,273.87
QQQ   281.98
5 Tips I Wish I Knew Before Starting My Business
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Live Updates: Russia-Ukraine War
Too Soon: 3 Reasons to Wait on DocuSign Stock
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)pixel
OPEC+ makes big oil cut to boost prices; pump costs may rise
WTO predicts trade growth to slow next year amid crises
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)pixel
Stocks slump as Wall Street’s big rally fades, yields rise
Rite-Aid Sings a Familiar Tune That Investors Don’t Want to Hear
S&P 500   3,783.28
DOW   30,273.87
QQQ   281.98
5 Tips I Wish I Knew Before Starting My Business
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Live Updates: Russia-Ukraine War
Too Soon: 3 Reasons to Wait on DocuSign Stock
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)pixel
OPEC+ makes big oil cut to boost prices; pump costs may rise
WTO predicts trade growth to slow next year amid crises
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)pixel
Stocks slump as Wall Street’s big rally fades, yields rise
Rite-Aid Sings a Familiar Tune That Investors Don’t Want to Hear
S&P 500   3,783.28
DOW   30,273.87
QQQ   281.98
5 Tips I Wish I Knew Before Starting My Business
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Live Updates: Russia-Ukraine War
Too Soon: 3 Reasons to Wait on DocuSign Stock
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)pixel
OPEC+ makes big oil cut to boost prices; pump costs may rise
WTO predicts trade growth to slow next year amid crises
Market Wizard Reveals: The One Ticker Retirement Plan (Ad)pixel
Stocks slump as Wall Street’s big rally fades, yields rise
Rite-Aid Sings a Familiar Tune That Investors Don’t Want to Hear
NASDAQ:LUNA

Luna Innovations - LUNA Stock Forecast, Price & News

$4.49
-0.11 (-2.39%)
(As of 10/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$4.36
$4.58
50-Day Range
$4.44
$6.67
52-Week Range
$4.36
$10.20
Volume
60,439 shs
Average Volume
89,592 shs
Market Capitalization
$147.32 million
P/E Ratio
15.48
Dividend Yield
N/A
Price Target
$9.75

Luna Innovations MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
117.1% Upside
$9.75 Price Target
Short Interest
Healthy
0.97% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.45mentions of Luna Innovations in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
160.00%
From $0.10 to $0.26 Per Share

Overall MarketRank

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

2.44 out of 5 stars

Business Services Sector

105th out of 331 stocks

Commercial Physical Research Industry

6th out of 16 stocks

LUNA stock logo

About Luna Innovations (NASDAQ:LUNA) Stock

Luna Innovations Incorporated develops, manufactures, and markets fiber optic test, measurement, and control products worldwide. The company offers optical test and measurement products, which include optical vector analyzer, optical backscatter reflectometers, and the Phoenix family of tunable lasers; and Hyperion sensing solution that enables full-spectrum data acquisition and flexible peak detect algorithms of fiber-bragg gratings (FBGs), long period FBGs, and fabry-perot sensors with low-latency access to data for closed loop feedback applications. It also provides polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; single frequency lasers; temperature and strain sensing products; ODiSI sensing solution, which provides distributed strain and temperature measurements; and Terametrix terahertz gauging and imaging products that provide precise single and multi-layer thickness, density, basis weight, and caliper thickness measurements, as well as distributed acoustic sensing intellectual property and products. The company primarily markets its fiber optic test, measurement, and control products to telecommunications companies, defense agencies, government system integrators, researchers, original equipment manufacturers, distributors, testing labs, and strategic partners directly, as well as through manufacturer representative organizations, partner and distribution channels, technical sales engineers, value added resellers, and independent sales representatives. Luna Innovations Incorporated was incorporated in 1990 and is headquartered in Roanoke, Virginia.

Receive LUNA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Luna Innovations and its competitors with MarketBeat's FREE daily newsletter.

LUNA Stock News Headlines

Fallen Luna Crypto Founder Taunts Authorities
Endorsement: Robert Luna for sheriff
Luna Signs Significant Contract with Intuitive Surgical
See More Headlines
Receive LUNA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Luna Innovations and its competitors with MarketBeat's FREE daily newsletter.

LUNA Company Calendar

Last Earnings
11/15/2021
Today
10/06/2022
Next Earnings (Estimated)
11/21/2022
Fiscal Year End
12/31/2022

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
$9.75
High Stock Price Forecast
$11.50
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+117.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$1.38 million
Pretax Margin
-4.47%

Debt

Sales & Book Value

Annual Sales
$87.51 million
Cash Flow
$0.24 per share
Book Value
$2.56 per share

Miscellaneous

Free Float
30,809,000
Market Cap
$147.32 million
Optionable
Not Optionable
Beta
1.35

Key Executives

  • Mr. Scott A. Graeff (Age 55)
    Pres, CEO, Treasurer, Sec. & Director
    Comp: $615.69k
  • Mr. Eugene J. Nestro (Age 56)
    CFO, Principal Financial Officer & Principal Accounting Officer
    Comp: $393.45k
  • Dr. Brian J. Soller (Age 49)
    Chief Operating Officer
    Comp: $338.55k
  • Ms. Allison Woody
    Director of Admin.
  • Mr. Salvan Farooqui
    Sr. VP and Head of Global Sales & Marketing
  • Ms. Marnie C. Young
    VP of HR
  • Mr. William Van Anglen
    Sr. VP & Head of HR
  • Mr. Jackie Kline
    Sr. VP of Operations
  • Mr. Andy Brown
    Corp. Controller













LUNA Stock - Frequently Asked Questions

Should I buy or sell Luna Innovations stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Luna Innovations in the last twelve months. There are currently 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 2022?

2 Wall Street analysts have issued 1 year price targets for Luna Innovations' stock. Their LUNA share price forecasts range from $8.00 to $11.50. On average, they predict the company's stock price to reach $9.75 in the next twelve months. This suggests a possible upside of 117.1% from the stock's current price.
View analysts price targets for LUNA
or view top-rated stocks among Wall Street analysts.

How have LUNA shares performed in 2022?

Luna Innovations' stock was trading at $8.44 at the beginning of 2022. Since then, LUNA stock has decreased by 46.8% and is now trading at $4.49.
View the best growth stocks for 2022 here
.

When is Luna Innovations' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 21st 2022.
View our LUNA earnings forecast
.

How were Luna Innovations' earnings last quarter?

Luna Innovations Incorporated (NASDAQ:LUNA) released its quarterly earnings results on Monday, November, 15th. The scientific and technical instruments company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $0.02. The scientific and technical instruments company had revenue of $20.33 million for the quarter, compared to analysts' expectations of $30.60 million. Luna Innovations had a net margin of 9.83% and a trailing twelve-month return on equity of 2.35%. During the same period last year, the company earned $0.12 earnings per share.

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

Luna Innovations issued an update on its FY 2022 earnings guidance on Friday, September, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $109.00 million-$115.00 million, compared to the consensus revenue estimate of $111.78 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."

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 $4.49.

How much money does Luna Innovations make?

Luna Innovations (NASDAQ:LUNA) has a market capitalization of $147.32 million and generates $87.51 million in revenue each year. The scientific and technical instruments company earns $1.38 million in net income (profit) each year or $0.29 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 10/6/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.