nLight Inc

nLight Inc Stock Forecast & Price Prediction

Live nLight Inc Stock (LASR) Price
$11.01

8

Ratings

  • Buy 5
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$11.01

P/E Ratio

-12.54

Volume Traded Today

$290,900

Dividend

Dividends not available for LASR

52 Week High/low

15.00/9.80

nLight Inc Market Cap

$533.2M

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LASR Summary

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.

LASR Analyst Ratings

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.

LASR stock forecast by analyst

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

LASR Company Information

What They Do: Develops and sells semiconductor and fiber lasers.

Business Model: nLIGHT, Inc. operates through two segments: Laser Products and Advanced Development. It generates revenue by designing, manufacturing, and selling various types of lasers for industrial, microfabrication, and aerospace and defense applications. The company utilizes a direct sales force as well as independent representatives and distributors to reach customers across multiple regions, including the United States, China, and Europe.

Other Information: Founded in 2000 and headquartered in Camas, Washington, nLIGHT, Inc. was previously known as nLight Photonics Corporation until its name change in January 2016. The company also offers laser sensors and systems for advanced applications such as intelligence and directed energy.
LASR
nLight Inc (LASR)

When did it IPO

2018

Staff Count

900

Country

United States

Sector/Industry

Technology/Semiconductors

CEO

Mr. Scott H. Keeney

Market Cap

$533.2M

nLight Inc (LASR) Financial Data

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

$222.8M

Revenue From 2021

$270.1M

21.26 %
From Previous Year

Revenue From 2022

$242.1M

-10.40 %
From Previous Year

Revenue From 2023

$209.9M

-13.28 %
From Previous Year
  • Revenue TTM $203.1M
  • Operating Margin TTM -21.0%
  • Gross profit TTM $46.1M
  • Return on assets TTM -10.9%
  • Return on equity TTM -19.8%
  • Profit Margin -24.2%
  • Book Value Per Share 4.87%
  • Market capitalisation $533.2M
  • Revenue for 2021 $270.1M
  • Revenue for 2022 $242.1M
  • Revenue for 2023 $209.9M
  • EPS this year (TTM) $-1.03

nLight Inc (LASR) Latest News

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Sat, 09 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

...

LASR Frequently asked questions

The highest forecasted price for LASR is $20 from at .

The lowest forecasted price for LASR is $12 from James Ricchiuti from Needham

The LASR analyst ratings consensus are 5 buy ratings, 3 hold ratings, and 0 sell ratings.