Analyst Price Target is $10.00
▲ +64.20% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Luna Innovations in the last 3 months. The average price target is $10.00, with a high forecast of $12.50 and a low forecast of $8.00. The average price target represents a 64.20% upside from the last price of $6.09.
Current Consensus is
The current consensus among 4 polled investment analysts is to moderate buy stock in Luna Innovations. This Moderate Buy consensus rating has held steady for over two years.
Luna Innovations Incorporated provides fiber optic test, measurement, and control products worldwide. The company offers test and measurement equipment for fiber optic components and sub-assemblies; polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; and single frequency lasers. It also provides ODiSI sensing solution, which provides distributed strain and temperature measurements; distributed temperature sensing system; hyperion sensing products; Terahertz Sensing Systems that provide precise single and multi-layer thickness, density, basis weight, and caliper thickness measurements; and distributed acoustic sensing 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.