FY2025 EPS Estimates for nLight Lifted by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has revised its FY2025 earnings estimate for nLight, projecting a loss of ($0.40) per share, an improvement from the previous estimate of ($0.45) per share, with a target price set at $33.50.
• Multiple brokerages have shown confidence in nLight, with ratings ranging from "strong-buy" to "buy," and several raising their price targets significantly, reflecting optimistic market sentiment.
• nLight surpassed earnings expectations in its latest quarterly report, posting revenue of $61.74 million—22.2% growth year-over-year—and exceeding the consensus estimate of $55.24 million.

nLight (NASDAQ:LASR - Free Report) - Analysts at Cantor Fitzgerald raised their FY2025 earnings per share (EPS) estimates for shares of nLight in a research report issued on Monday, September 15th. Cantor Fitzgerald analyst T. Jensen now forecasts that the company will earn ($0.40) per share for the year, up from their prior estimate of ($0.45). Cantor Fitzgerald has a "Overweight" rating and a $33.50 price objective on the stock. The consensus estimate for nLight's current full-year earnings is ($1.10) per share. Cantor Fitzgerald also issued estimates for nLight's FY2026 earnings at ($0.38) EPS.

nLight (NASDAQ:LASR - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.09) by $0.15. nLight had a negative return on equity of 19.12% and a negative net margin of 21.66%.The company had revenue of $61.74 million during the quarter, compared to analyst estimates of $55.24 million. During the same period in the prior year, the firm posted ($0.10) earnings per share. The firm's revenue was up 22.2% on a year-over-year basis. nLight has set its Q3 2025 guidance at EPS.

LASR has been the subject of a number of other research reports. Wall Street Zen raised nLight from a "hold" rating to a "buy" rating in a research report on Saturday. Craig Hallum reissued a "buy" rating and issued a $24.00 target price (up from $14.00) on shares of nLight in a report on Thursday, June 26th. Stifel Nicolaus upped their price objective on nLight from $12.00 to $26.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Needham & Company LLC upped their price objective on shares of nLight from $18.00 to $28.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Finally, Raymond James Financial reiterated a "strong-buy" rating on shares of nLight in a research note on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $27.42.

nLight Stock Performance

LASR traded down $0.02 during trading hours on Wednesday, hitting $31.18. The company's stock had a trading volume of 1,228,427 shares, compared to its average volume of 880,649. nLight has a fifty-two week low of $6.20 and a fifty-two week high of $31.93. The firm has a market capitalization of $1.56 billion, a PE ratio of -32.82 and a beta of 2.44. The company has a 50-day simple moving average of $25.13 and a 200 day simple moving average of $16.74. The company has a current ratio of 5.63, a quick ratio of 4.41 and a debt-to-equity ratio of 0.09.

Hedge Funds Weigh In On nLight

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LASR. GAMMA Investing LLC lifted its stake in nLight by 147.6% in the second quarter. GAMMA Investing LLC now owns 1,550 shares of the company's stock valued at $31,000 after buying an additional 924 shares during the last quarter. Osaic Holdings Inc. lifted its stake in nLight by 1,599.1% in the second quarter. Osaic Holdings Inc. now owns 1,835 shares of the company's stock valued at $36,000 after buying an additional 1,727 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of nLight by 162.4% during the second quarter. Nisa Investment Advisors LLC now owns 2,747 shares of the company's stock worth $54,000 after purchasing an additional 1,700 shares during the last quarter. Militia Capital Partners LP purchased a new stake in shares of nLight during the second quarter worth approximately $71,000. Finally, Tower Research Capital LLC TRC raised its stake in shares of nLight by 213.8% during the second quarter. Tower Research Capital LLC TRC now owns 4,764 shares of the company's stock worth $94,000 after purchasing an additional 3,246 shares during the last quarter. 83.88% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Joseph John Corso sold 38,284 shares of the firm's stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $28.29, for a total transaction of $1,083,054.36. Following the sale, the chief financial officer owned 273,118 shares of the company's stock, valued at $7,726,508.22. This trade represents a 12.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Scott H. Keeney sold 35,732 shares of nLight stock in a transaction on Monday, August 25th. The stock was sold at an average price of $28.29, for a total value of $1,010,858.28. Following the transaction, the chief executive officer owned 2,513,734 shares in the company, valued at approximately $71,113,534.86. This represents a 1.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 346,155 shares of company stock valued at $9,371,219 over the last three months. 4.70% of the stock is currently owned by insiders.

About nLight

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.