NASDAQ:LASR

nLIGHT (LASR) Stock Price, News & Analysis

$10.93
-0.02 (-0.18%)
(As of 01:56 PM ET)
Today's Range
$10.80
$11.08
50-Day Range
$10.69
$14.61
52-Week Range
$8.13
$15.91
Volume
51,577 shs
Average Volume
176,705 shs
Market Capitalization
$516.88 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
33.8% Upside
$14.67 Price Target
Short Interest
Healthy
3.02% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$172,927 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.93) to ($0.77) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.60 out of 5 stars

Computer And Technology Sector

464th out of 581 stocks

Semiconductors & Related Devices Industry

70th out of 84 stocks

LASR stock logo

About nLIGHT Stock (NASDAQ:LASR)

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. The company also provides laser sensors, including light detection and ranging technologies for intelligence, surveillance, and reconnaissance applications; and fiber amplifiers, 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 independent sales representatives and distributors in Asia, Australia, Europe, the Middle East, 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

LASR Stock News Headlines

This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
LASR Apr 2024 7.500 call
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
nLIGHT Shares Drop 13% Following 4Q Revenue Miss
LASR Jun 2024 10.000 call
Calculating The Fair Value Of nLIGHT, Inc. (NASDAQ:LASR)
nLIGHT: The Rally Stops In Familiar Territory
Benchmark Upgrades nLIGHT (LASR)
Why nLIGHT Stock (LASR) Is Rising During Tuesday's Session
nLight upgraded to Speculative Buy from Hold at Benchmark
Needham Maintains Buy Rating for nLight: Here's What You Need To Know
Why nLight Stock (LASR) Is Trading Higher Monday
nLIGHT secures $34.5 million contract
NLIGHT Gets $34.5 Mln Contract
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:LASR
Fax
N/A
Employees
930
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
+33.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-41,670,000.00
Pretax Margin
-20.32%

Debt

Sales & Book Value

Annual Sales
$209.92 million
Book Value
$5.45 per share

Miscellaneous

Free Float
44,641,000
Market Cap
$517.83 million
Optionable
Optionable
Beta
2.44
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Key Executives

  • Mr. Scott H. KeeneyMr. Scott H. Keeney (Age 59)
    Co-Founder, Chairman, President & CEO
    Comp: $519.1k
  • Mr. Joseph Corso (Age 43)
    Chief Financial Officer
    Comp: $314.48k
  • Mr. Jason Farmer
    Co-Founder
  • Mr. Chris Schechter
    Chief Operating Officer
  • Mr. James Nias (Age 52)
    VP, Corporate Controller & Chief Accounting Officer
  • Mr. Robert Martinsen (Age 62)
    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

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 brokerages have issued 12 month 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 year. This suggests a possible upside of 33.8% 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 2024?

nLIGHT's stock was trading at $13.50 at the beginning of the year. Since then, LASR stock has decreased by 18.8% and is now trading at $10.96.
View the best growth stocks for 2024 here
.

When is nLIGHT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our LASR earnings forecast
.

How can I listen to nLIGHT's earnings call?

nLIGHT will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were nLIGHT's earnings last quarter?

nLIGHT, Inc. (NASDAQ:LASR) issued its earnings results on Thursday, February, 22nd. The company reported ($0.26) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.28) by $0.02. The company had revenue of $51.89 million for the quarter, compared to analyst estimates of $48.08 million. nLIGHT had a negative trailing twelve-month return on equity of 15.03% and a negative net margin of 19.85%.

What ETF holds nLIGHT's stock?

ProShares Nanotechnology ETF holds 3,469 shares of LASR stock, representing 0.84% of its portfolio.

What guidance has nLIGHT issued on next quarter's earnings?

nLIGHT issued an update on its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $42.0 million-$46.0 million, compared to the consensus revenue estimate of $50.7 million.

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?

nLIGHT (LASR) raised $76 million in an initial public offering (IPO) on Thursday, April 26th 2018. The company issued 5,400,000 shares at a price of $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 a number of institutional and retail investors. Top institutional investors include Wasatch Advisors LP (0.73%), Rice Hall James & Associates LLC (0.49%), Allspring Global Investments Holdings LLC (0.32%) and Assenagon Asset Management S.A. (0.04%). Insiders that own company stock include James Nias, Joseph John Corso, Ran Bareket 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LASR) was last updated on 4/24/2024 by MarketBeat.com Staff

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