Should I buy or sell nLIGHT stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for nLIGHT in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LASR shares. View LASR analyst ratings or view top-rated stocks .

What is nLIGHT's stock price target for 2024?

3 Wall Street analysts have issued 1-year price objectives for nLIGHT's stock. Their LASR share price targets range from $11.00 to $17.00. On average, they expect the company's share price to reach $14.67 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price. View analysts price targets for LASR or view top-rated stocks among Wall Street analysts .

How have LASR shares performed in 2023?

nLIGHT's stock was trading at $10.14 at the beginning of the year. Since then, LASR shares have increased by 30.4% and is now trading at $13.22. View the best growth stocks for 2023 here .

When is nLIGHT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our LASR earnings forecast .

How were nLIGHT's earnings last quarter?

nLIGHT, Inc. (NASDAQ:LASR) announced its earnings results on Thursday, November, 2nd. The company reported ($0.24) EPS for the quarter, missing analysts' consensus estimates of ($0.22) by $0.02. The business had revenue of $50.63 million for the quarter, compared to analyst estimates of $49.20 million. nLIGHT had a negative trailing twelve-month return on equity of 17.11% and a negative net margin of 23.80%.

What ETF holds nLIGHT's stock ?

ProShares Nanotechnology ETF holds 1,877 shares of LASR stock, representing 0.88% of its portfolio.

What is Scott Keeney's approval rating as nLIGHT's CEO?

19 employees have rated nLIGHT Chief Executive Officer Scott Keeney on Glassdoor.com . Scott Keeney has an approval rating of 59% among the company's employees. This puts Scott Keeney in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of nLIGHT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other nLIGHT investors own include Advanced Micro Devices (AMD) , Netflix (NFLX) , AbbVie (ABBV) , Intel (INTC) , NVIDIA (NVDA) , BioMarin Pharmaceutical (BMRN) , Walt Disney (DIS) , Gilead Sciences (GILD) , Micron Technology (MU) and PayPal (PYPL) .

(LASR) raised $76 million in an IPO on Thursday, April 26th 2018. The company issued 5,400,000 shares at $13.00-$15.00 per share. Stifel and Raymond James acted as the underwriters for the IPO and Needham, Canaccord Genuity and D.A. Davidson were co-managers.

Who are nLIGHT's major shareholders?

nLIGHT's stock is owned by many different retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (7.59%), Bank of New York Mellon Corp (5.07%), Clearbridge Investments LLC (3.90%), Pinnacle Associates Ltd. (3.09%), Ameriprise Financial Inc. (0.90%) and Charles Schwab Investment Management Inc. (0.75%). Insiders that own company stock include James Nias, Ran Bareket , Scott H Keeney and Scott H Keeney . View institutional ownership trends .

How do I buy shares of nLIGHT?

Shares of LASR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

nLIGHT Stock Price, News & Analysis (NASDAQ:LASR)

$13.22

-0.29 (-2.15%)

(As of 11/30/2023 ET)

Compare

Today's Range: $13.05
▼
$13.57
50-Day Range: $8.23
▼
$13.51
52-Week Range: $8.13
▼
$15.91

Volume: 301,095 shs
Average Volume: 312,116 shs
Market Capitalization: $617.24 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $14.67

nLIGHT MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 10.9% Upside
$14.67 Price Target
Short Interest: Bearish
2.09% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.48
Based on 19 Articles This Week
Insider Trading: Selling Shares
$11,380 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.87) to ($0.80) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.76 out of 5 stars

Computer And Technology Sector

483rd out of 603 stocks

Semiconductors & Related Devices Industry

75th out of 89 stocks

2.3

Analyst's Opinion

Consensus Rating
nLIGHT has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.67, nLIGHT has a forecasted upside of 10.9% from its current price of $13.22.
Amount of Analyst Coverage
nLIGHT has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.09% of the outstanding shares of nLIGHT have been sold short.
Short Interest Ratio / Days to Cover
nLIGHT has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in nLIGHT has recently increased by 2.00%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
nLIGHT does not currently pay a dividend.
Dividend Growth
nLIGHT does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LASR.

3.0

News and Social Media Coverage

News Sentiment
nLIGHT has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 19 news articles for nLIGHT this week, compared to 1 article on an average week.
Search Interest
2 people have searched for LASR on MarketBeat in the last 30 days.
MarketBeat Follows
3 people have added nLIGHT to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, nLIGHT insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,380.00 in company stock.
Percentage Held by Insiders
Only 5.60% of the stock of nLIGHT is held by insiders.
Percentage Held by Institutions
84.58% of the stock of nLIGHT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for nLIGHT are expected to grow in the coming year, from ($0.87) to ($0.80) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of nLIGHT is -11.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of nLIGHT is -11.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
nLIGHT has a P/B Ratio of 2.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About nLIGHT Stock (NASDAQ:LASR)

nLIGHT, Inc. designs, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. It operates in two segments, Laser Products and Advanced Development. The company also provides fiber amplifiers, and beam combination and control systems for use in high-energy laser systems in directed energy applications. It sells its products through direct sales force in the United States, China, South Korea, and European countries, as well as through various independent sales representatives and distributors in Asia, Europe, and South America. The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc. in January 2016. nLIGHT, Inc. was incorporated in 2000 and is headquartered in Camas, Washington.

LASR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LASR Stock News Headlines

November 29, 2023 | marketbeat.com

Santa Rally comes early for these stocks (LASR)

The analysts are upgrading these stocks and are helping an early Santa Claus Rally drive their prices to new highs, with a double-digit upside ahead.

November 30, 2023 | americanbankingnews.com

Needham & Company LLC Increases nLIGHT (NASDAQ:LASR) Price Target to $16.00

December 1, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 29, 2023 | americanbankingnews.com

nLIGHT (NASDAQ:LASR) Upgraded to Speculative Buy by Benchmark

November 29, 2023 | americanbankingnews.com

nLIGHT (NASDAQ:LASR) Sees Large Volume Increase on Analyst Upgrade

November 29, 2023 | msn.com

Benchmark Upgrades nLIGHT (LASR)

November 28, 2023 | markets.businessinsider.com

Why nLIGHT Stock (LASR) Is Rising During Tuesday's Session

November 28, 2023 | finance.yahoo.com

nLIGHT, Inc. (LASR) Interactive Stock Chart - Yahoo Finance

December 1, 2023 | Wealthpress (Ad)

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November 28, 2023 | realmoney.thestreet.com

nLight upgraded to Speculative Buy from Hold at Benchmark

November 28, 2023 | markets.businessinsider.com

Needham Maintains Buy Rating for nLight: Here's What You Need To Know

November 28, 2023 | msn.com

nLIGHT rises after Benchmark upgrades on $34.5M contract

November 28, 2023 | americanbankingnews.com

James Nias Sells 1,000 Shares of nLIGHT, Inc. (NASDAQ:LASR) Stock

November 27, 2023 | markets.businessinsider.com

Why nLight Stock (LASR) Is Trading Higher Monday

November 27, 2023 | msn.com

nLIGHT secures $34.5 million contract

November 27, 2023 | markets.businessinsider.com

NLIGHT Gets $34.5 Mln Contract

November 27, 2023 | finance.yahoo.com

nLIGHT Announces $34.5 Million Contract for DE M-SHORAD Laser Weapon System

November 22, 2023 | americanbankingnews.com

nLIGHT (NASDAQ:LASR) versus Siltronic (OTCMKTS:SSLLF) Head-To-Head Contrast

November 5, 2023 | finance.yahoo.com

nLIGHT, Inc. (NASDAQ:LASR) Q3 2023 Earnings Call Transcript

November 4, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: Cirrus Logic (CRUS), nLIGHT (LASR) and Fortinet (FTNT)

November 2, 2023 | finance.yahoo.com

nLIGHT Announces Expansion of HELSI Contract Award to $171 Million for Development of 1 Megawatt Directed Energy Laser

November 2, 2023 | finance.yahoo.com

nLIGHT, Inc. Announces Third Quarter 2023 Results

November 2, 2023 | finance.yahoo.com

nLight Inc (LASR) Reports Q3 2023 Earnings: Revenue Down 15.7% YoY, Net Loss Narrows

November 2, 2023 | finanznachrichten.de

nLIGHT, Inc.: nLIGHT to Host Metal Additive Manufacturing Expert Forum at Formnext featuring Leading Figures from Industry and Academia

November 2, 2023 | tmcnet.com

nLIGHT to Host Metal Additive Manufacturing Expert Forum at Formnext featuring Leading Figures from Industry and Academia

November 1, 2023 | morningstar.com

nLight Inc LASR

October 22, 2023 | finance.yahoo.com

With 85% ownership of the shares, nLIGHT, Inc. (NASDAQ:LASR) is heavily dominated by institutional owners

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 12/01/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/22/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:LASR
CUSIP: N/A
CIK: 1124796
Web: www.nlight.net
Phone: (360) 566-4460
Fax: N/A
Employees: 1,100
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $14.67
High Stock Price Target: $17.00
Low Stock Price Target: $11.00
Potential Upside/Downside: +10.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.12)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-54,580,000.00
Net Margins: -23.80%
Pretax Margin: -24.31%
Return on Equity: -17.11%
Return on Assets: -14.09%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.68
Quick Ratio: 4.85

Sales & Book Value

Annual Sales: $242.06 million
Price / Sales: 2.55
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $5.56 per share
Price / Book: 2.38

Miscellaneous

Outstanding Shares: 46,690,000
Free Float: 44,072,000
Market Cap: $617.24 million
Optionable: Optionable
Beta: 2.18

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Key Executives

Mr. Scott H. Keeney (Age 58)
Co-Founder, Chairman, President & CEO
Comp: $519.1k
Mr. Joseph Corso (Age 42)
Chief Financial Officer
Comp: $314.48k
Mr. Jason Farmer
Co-Founder
Mr. Chris Schechter
Chief Operating Officer
Mr. James Nias (Age 51)
VP, Corporate Controller & Chief Accounting Officer
Mr. Robert Martinsen (Age 61)
Chief Technology Officer
Comp: $317.57k
Julie Dimmick
VP, General Counsel & Corporate Secretary
Ms. Kerry Hill
VP of Human Resources & Treasury
Mr. Bill Willson
Managing Director of Fiber Division
Mr. Joseph V. DeBartolo
VP & General Manager

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LASR Stock Analysis - Frequently Asked Questions

Should I buy or sell nLIGHT stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for nLIGHT in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LASR shares.
View LASR analyst ratings or view top-rated stocks.
What is nLIGHT's stock price target for 2024?: 3 Wall Street analysts have issued 1-year price objectives for nLIGHT's stock. Their LASR share price targets range from $11.00 to $17.00. On average, they expect the company's share price to reach $14.67 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price.
View analysts price targets for LASR or view top-rated stocks among Wall Street analysts.
How have LASR shares performed in 2023?: nLIGHT's stock was trading at $10.14 at the beginning of the year. Since then, LASR shares have increased by 30.4% and is now trading at $13.22.
View the best growth stocks for 2023 here.
When is nLIGHT's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our LASR earnings forecast.
How were nLIGHT's earnings last quarter?: nLIGHT, Inc. (NASDAQ:LASR) announced its earnings results on Thursday, November, 2nd. The company reported ($0.24) EPS for the quarter, missing analysts' consensus estimates of ($0.22) by $0.02. The business had revenue of $50.63 million for the quarter, compared to analyst estimates of $49.20 million. nLIGHT had a negative trailing twelve-month return on equity of 17.11% and a negative net margin of 23.80%.
What ETF holds nLIGHT's stock ?: ProShares Nanotechnology ETF holds 1,877 shares of LASR stock, representing 0.88% of its portfolio.

What is Scott Keeney's approval rating as nLIGHT's CEO?: 19 employees have rated nLIGHT Chief Executive Officer Scott Keeney on Glassdoor.com. Scott Keeney has an approval rating of 59% among the company's employees. This puts Scott Keeney in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of nLIGHT own?: Based on aggregate information from My MarketBeat watchlists, some companies that other nLIGHT investors own include Advanced Micro Devices (AMD), Netflix (NFLX), AbbVie (ABBV), Intel (INTC), NVIDIA (NVDA), BioMarin Pharmaceutical (BMRN), Walt Disney (DIS), Gilead Sciences (GILD), Micron Technology (MU) and PayPal (PYPL).
When did nLIGHT IPO?: (LASR) raised $76 million in an IPO on Thursday, April 26th 2018. The company issued 5,400,000 shares at $13.00-$15.00 per share. Stifel and Raymond James acted as the underwriters for the IPO and Needham, Canaccord Genuity and D.A. Davidson were co-managers.
Who are nLIGHT's major shareholders?: nLIGHT's stock is owned by many different retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (7.59%), Bank of New York Mellon Corp (5.07%), Clearbridge Investments LLC (3.90%), Pinnacle Associates Ltd. (3.09%), Ameriprise Financial Inc. (0.90%) and Charles Schwab Investment Management Inc. (0.75%). Insiders that own company stock include James Nias, Ran Bareket, Scott H Keeney and Scott H Keeney.
View institutional ownership trends.
How do I buy shares of nLIGHT?: Shares of LASR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:LASR) was last updated on 12/1/2023 by MarketBeat.com Staff

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nLIGHT Stock Price, News & Analysis (NASDAQ:LASR)

nLIGHT MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About nLIGHT Stock (NASDAQ:LASR)

LASR Stock Price History

LASR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

LASR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™