Cantor Fitzgerald Comments on nLIGHT FY2026 Earnings

nLIGHT, Inc. (NASDAQ:LASR - Free Report) - Cantor Fitzgerald issued their FY2026 EPS estimates for shares of nLIGHT in a report released on Monday, June 9th. Cantor Fitzgerald analyst T. Jensen forecasts that the company will earn ($0.79) per share for the year. The consensus estimate for nLIGHT's current full-year earnings is ($1.10) per share.

Other equities research analysts have also recently issued research reports about the stock. Needham & Company LLC boosted their price target on shares of nLIGHT from $14.00 to $18.00 and gave the stock a "buy" rating in a research report on Thursday, May 29th. Craig Hallum upgraded shares of nLIGHT from a "hold" rating to a "buy" rating and set a $14.00 price objective for the company in a research report on Friday, May 9th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $15.70.

nLIGHT Stock Performance

Shares of LASR traded up $0.18 during mid-day trading on Wednesday, hitting $18.20. 664,699 shares of the stock were exchanged, compared to its average volume of 402,664. The company has a market cap of $899.79 million, a PE ratio of -17.67 and a beta of 2.27. nLIGHT has a 52-week low of $6.20 and a 52-week high of $18.49. The firm has a 50-day moving average of $11.30 and a two-hundred day moving average of $10.52.

nLIGHT (NASDAQ:LASR - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported ($0.04) EPS for the quarter, topping analysts' consensus estimates of ($0.17) by $0.13. nLIGHT had a negative return on equity of 19.53% and a negative net margin of 24.16%. The company had revenue of $51.67 million for the quarter, compared to the consensus estimate of $47.77 million. During the same period in the previous year, the business earned ($0.17) earnings per share. The firm's revenue for the quarter was up 16.2% on a year-over-year basis.

Insider Activity

In other news, CEO Scott H. Keeney sold 75,000 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $15.33, for a total transaction of $1,149,750.00. Following the transaction, the chief executive officer now owns 1,342,927 shares of the company's stock, valued at approximately $20,587,070.91. The trade was a 5.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold 116,853 shares of company stock valued at $1,818,727 in the last ninety days. Insiders own 4.70% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of LASR. Picton Mahoney Asset Management raised its stake in shares of nLIGHT by 47.4% in the fourth quarter. Picton Mahoney Asset Management now owns 2,907 shares of the company's stock valued at $30,000 after acquiring an additional 935 shares during the period. GAMMA Investing LLC grew its holdings in nLIGHT by 6,563.0% during the 1st quarter. GAMMA Investing LLC now owns 4,864 shares of the company's stock valued at $38,000 after purchasing an additional 4,791 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in nLIGHT by 3,951.6% during the 4th quarter. Russell Investments Group Ltd. now owns 3,687 shares of the company's stock valued at $39,000 after purchasing an additional 3,596 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in nLIGHT in the 4th quarter worth about $102,000. Finally, State of Wyoming lifted its stake in nLIGHT by 110.6% in the first quarter. State of Wyoming now owns 14,762 shares of the company's stock worth $115,000 after purchasing an additional 7,754 shares during the last quarter. 83.88% of the stock is owned by hedge funds and other institutional investors.

nLIGHT Company Profile

nLIGHT, Inc designs, develops, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The company operates in two segments, Laser Products and Advanced Development. It offers semiconductor lasers with various ranges of power levels, wavelengths, and output fiber sizes; and programmable and serviceable fiber lasers for use in industrial and aerospace and defense applications.