Analyst Price Target is $14.50
▲ +61.65% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Luna Innovations in the last 3 months. The average price target is $14.50, with a high forecast of $14.50 and a low forecast of $14.50. The average price target represents a 61.65% upside from the last price of $8.97.
Current Consensus is
The current consensus among 1 polled investment analysts is to buy stock in Luna Innovations. This Buy consensus rating has held steady for over two years.
Luna Innovations, Inc. engages in the development and manufacture of fiber optic test and measurement, sensing and instrumentation products for the automotive, aerospace, energy and infrastructure industries. It operates through the following segments: Lightwave and Luna Labs. The Lightwave segment develops, manufactures and markets distributed fiber optic sensing products and fiber optic communications test and control products. The Luna Labs segment performs applied research principally in the areas of sensing and instrumentation, advanced materials and health science. The company was founded by Kent A. Murphy in July 1990 and is headquartered in Roanoke, VA.