From what 8 stock analysts predict, the share price for nLight Inc (LASR) might increase by 48.35% in the next year. This is based on a 12-month average estimation for LASR. Price targets go from $12 to $20. The majority of stock analysts believe LASR is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
nLight Inc has a total of 8 Wall St Analyst ratings. There are 5 buy ratings, 3 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that nLight Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of LASR.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
James Ricchiuti Needham | Buy | $16 | Maintains | Nov 11, 2024 |
James Ricchiuti Needham | Buy | $16 | Maintains | Nov 8, 2024 |
Troy Jensen Cantor Fitzgerald | Overweight | $15.5 | Initiates | Oct 3, 2024 |
James Ricchiuti Needham | Buy | $15 | Reiterates | Aug 5, 2024 |
Mark Miller Benchmark | Speculative Buy | $17 | Reiterates | Aug 2, 2024 |
James Ricchiuti Needham | Buy | $15 | Maintains | May 3, 2024 |
Mark Miller Benchmark | Speculative Buy | $17 | Reiterates | May 3, 2024 |
Mark Miller Benchmark | Speculative Buy | $17 | Upgrade | Nov 28, 2023 |
James Ricchiuti Needham | Buy | $16 | Maintains | Nov 28, 2023 |
James Ricchiuti Needham | Buy | $15 | Reiterates | Aug 4, 2023 |
Greg Palm Craig-Hallum | Hold | $11 | Maintains | May 5, 2023 |
James Ricchiuti Needham | Buy | $15 | Maintains | May 5, 2023 |
James Ricchiuti Needham | Buy | $13 | Maintains | Feb 24, 2023 |
James Ricchiuti Needham | Buy | $14 | Maintains | Jan 17, 2023 |
Brian Gesuale Raymond James | Strong Buy | $30 | Maintains | Nov 7, 2022 |
James Ricchiuti Needham | Buy | $12 | Maintains | Nov 4, 2022 |
Ruben Roy Stifel | Buy | $18 | Reinstates | Nov 4, 2022 |
Greg Palm Craig-Hallum | Hold | Downgrade | Feb 18, 2022 | |
James Ricchiuti Needham | Buy | $21 | Maintains | Feb 18, 2022 |
Brian Gesuale Raymond James | Strong Buy | $40 | Maintains | Feb 18, 2022 |
When did it IPO
2018
Staff Count
900
Country
United States
Sector/Industry
Technology/Semiconductors
CEO
Mr. Scott H. Keeney
Market Cap
$533.2M
In 2023, LASR generated $209.9M in revenue, which was a decrease of -13.28% from the previous year. This can be seen as a signal that LASR's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - nLIGHT, Inc. (Nasdaq: LASR) will participate in the Craig-Hallum Alpha Select Conference on November 19, 2024, and the Raymond James TMT Conference on December 9, 2024.
Why It Matters - nLIGHT's management participation in upcoming investor events signals engagement with the investment community, potentially boosting investor confidence and interest in the company's growth prospects.
Summary - nLIGHT, Inc. will host its Q3 2024 earnings call on November 7, 2024, at 5:00 PM ET, featuring key executives and analysts from various financial firms.
Why It Matters - nLIGHT's Q3 2024 earnings call provides insights into financial performance and strategic direction, influencing stock valuation and investor sentiment.
Summary - nLIGHT, Inc. (Nasdaq: LASR) reported Q3 2024 revenue of $56.1 million, up 11% year-over-year, driven by strong performance in Aerospace & Defense, exceeding guidance expectations.
Why It Matters - nLIGHT's strong Q3 performance, exceeding revenue expectations and driven by aerospace and defense growth, signals robust demand and potential for future profitability, influencing stock valuation positively.
Summary - NLight (LASR) reported a quarterly loss of $0.08 per share, matching the Zacks Consensus Estimate and improving from a loss of $0.10 per share in the prior year.
Why It Matters - NLight's quarterly loss aligns with expectations, showing improved performance year-over-year. This stability may influence investor confidence and stock valuation.
Summary - nLIGHT, Inc. (Nasdaq: LASR) has launched the Corona AFX-2000, a 2-kilowatt laser designed to enhance productivity in metal additive manufacturing, following successful commercial validation.
Why It Matters - nLIGHT's launch of the Corona AFX-2000 laser enhances productivity in metal additive manufacturing, potentially increasing market share and revenues in key sectors, signaling growth opportunities for investors.
Summary - nLight (LASR) experienced significant trading volume but recent earnings estimate revisions may hinder further stock price increases in the near term.
Why It Matters - nLight's increased trading volume indicates heightened interest, but negative earnings estimate revisions suggest potential downward pressure on the stock's performance.