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Luna Innovations Analyst Ratings

Benzinga ·  Aug 11, 2023 13:36
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/11/2023 50.23% B. Riley Securities $12 → $11.5 Maintains Buy
08/11/2023 30.63% Needham → $10 Reiterates Buy → Buy
07/28/2023 63.29% Stifel → $12.5 Initiates Coverage On → Buy
05/31/2023 30.63% Needham → $10 Reiterates Buy → Buy
05/22/2023 30.63% Needham → $10 Initiates Coverage On → Buy
03/15/2023 4.51% Northland Capital Markets → $8 Downgrades Outperform → Market Perform
11/11/2022 24.1% B. Riley Securities $11.5 → $9.5 Maintains Buy
05/23/2022 4.51% Northland Capital Markets → $8 Upgrades Market Perform → Outperform
03/06/2020 Northland Capital Markets Downgrades Outperform → Market Perform
03/06/2020 24.1% B. Riley Securities $9 → $9.5 Maintains Buy
03/03/2020 17.57% B. Riley Securities $6.8 → $9 Maintains Buy
03/05/2019 -34.68% B. Riley Securities $4.6 → $5 Maintains Buy
01/15/2019 -39.91% B. Riley Securities → $4.6 Initiates Coverage On → Buy

What is the target price for Luna Innovations (LUNA)?

The latest price target for Luna Innovations (NASDAQ: LUNA) was reported by Needham on August 11, 2023. The analyst firm set a price target for $10.00 expecting LUNA to rise to within 12 months (a possible 30.63% upside). 6 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 reiterated their buy rating.

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 August 11, 2023 so you should expect the next rating to be made available sometime around August 11, 2024.

Is the Analyst Rating Luna Innovations (LUNA) correct?

While ratings are subjective and will change, the latest Luna Innovations (LUNA) rating was a reiterated with a price target of $0.00 to $10.00. The current price Luna Innovations (LUNA) is trading at is $7.66, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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