NASDAQ:LASR nLIGHT (LASR) Stock Forecast, Price & News $10.26 -0.04 (-0.39%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$10.26▼$10.4750-Day Range$10.20▼$15.0852-Week Range$8.22▼$15.91Volume115,745 shsAverage Volume145,297 shsMarket Capitalization$477.19 millionP/E RatioN/ADividend YieldN/APrice Target$18.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media nLIGHT MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside81.9% Upside$18.67 Price TargetShort InterestHealthy1.50% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.13Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.75) to ($0.67) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.31 out of 5 starsComputer And Technology Sector277th out of 586 stocksSemiconductors & Related Devices Industry48th out of 86 stocks 3.3 Analyst's Opinion Consensus RatingnLIGHT 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/DownsideAccording to analysts' consensus price target of $18.67, nLIGHT has a forecasted upside of 81.9% from its current price of $10.26.Amount of Analyst CoveragenLIGHT has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.50% of the outstanding shares of nLIGHT have been sold short.Short Interest Ratio / Days to CovernLIGHT has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in nLIGHT has recently decreased by 8.35%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldnLIGHT does not currently pay a dividend.Dividend GrowthnLIGHT does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LASR. Previous Next 2.9 News and Social Media Coverage News SentimentnLIGHT has a news sentiment score of 1.13. 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 is a higher news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for nLIGHT this week, compared to 1 article on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, nLIGHT insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.60% of the stock of nLIGHT is held by insiders.Percentage Held by Institutions84.58% of the stock of nLIGHT is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for nLIGHT are expected to grow in the coming year, from ($0.75) to ($0.67) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of nLIGHT is -8.92, 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. SectorThe P/E ratio of nLIGHT is -8.92, 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 RationLIGHT has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About nLIGHT (NASDAQ:LASR) StocknLIGHT, 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.Read More LASR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LASR Stock News HeadlinesSeptember 19, 2023 | americanbankingnews.comnLIGHT, Inc. (NASDAQ:LASR) Sees Significant Decrease in Short InterestSeptember 15, 2023 | tmcnet.comnLIGHT Announces Upcoming Webinar for CL King's 21st Annual Best Ideas ConferenceSeptember 24, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 15, 2023 | finance.yahoo.comnLIGHT Announces Upcoming Webinar for CL King’s 21st Annual Best Ideas ConferenceAugust 27, 2023 | finance.yahoo.comWe're Not Worried About nLIGHT's (NASDAQ:LASR) Cash BurnAugust 10, 2023 | finance.yahoo.comDoes This Valuation Of nLIGHT, Inc. (NASDAQ:LASR) Imply Investors Are Overpaying?August 8, 2023 | finance.yahoo.comnLIGHT, Inc. (NASDAQ:LASR) Q2 2023 Earnings Call TranscriptAugust 5, 2023 | msn.comNeedham Reiterates nLIGHT (LASR) Buy RecommendationSeptember 24, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.August 3, 2023 | seekingalpha.comnLIGHT, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 3, 2023 | washingtonpost.comNLight: Q2 Earnings SnapshotAugust 3, 2023 | finance.yahoo.comnLIGHT, Inc. Announces Second Quarter 2023 ResultsAugust 3, 2023 | finance.yahoo.comNLight (LASR) Reports Q2 Loss, Tops Revenue EstimatesJuly 17, 2023 | finance.yahoo.comnLIGHT, Inc. Announces Date for Second Quarter 2023 Earnings ReleaseJune 16, 2023 | finance.yahoo.comnLIGHT Announces Participation in 15th Annual CEO Investor SummitJune 6, 2023 | finance.yahoo.comShould You Buy nLight (LASR) After Golden Cross?May 14, 2023 | finance.yahoo.comWith 84% institutional ownership, nLIGHT, Inc. (NASDAQ:LASR) is a favorite amongst the big gunsMay 9, 2023 | seekingalpha.comnLIGHT, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 8, 2023 | msn.comCraig-Hallum Maintains nLIGHT (LASR) Hold RecommendationMay 4, 2023 | finance.yahoo.comnLIGHT Awarded $86 Million Contract to Develop High Energy LaserMay 4, 2023 | finance.yahoo.comnLIGHT, Inc. Announces First Quarter 2023 ResultsApril 26, 2023 | finance.yahoo.comnLight (LASR) Upgraded to Buy: Here's What You Should KnowApril 17, 2023 | finance.yahoo.comnLIGHT, Inc. Announces Date for First Quarter 2023 Earnings ReleaseApril 3, 2023 | finance.yahoo.comThe past year for nLIGHT (NASDAQ:LASR) investors has not been profitableFebruary 23, 2023 | finance.yahoo.comnLIGHT, Inc. Announces Fourth Quarter and Full Year 2022 ResultsJanuary 23, 2023 | finance.yahoo.comnLIGHT, Inc. Announces Date for Fourth Quarter 2022 Earnings ReleaseJanuary 4, 2023 | finance.yahoo.comnLIGHT Announces Participation in 25th Annual Needham Growth ConferenceSee More Headlines Receive LASR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for nLIGHT and its competitors with MarketBeat's FREE daily newsletter. Email Address LASR Company Calendar Last Earnings8/03/2023Today9/24/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:LASR CUSIPN/A CIK1124796 Webwww.nlight.net Phone(360) 566-4460FaxN/AEmployees1,100Year FoundedN/APrice Target and Rating Average Stock Price Forecast$18.67 High Stock Price Forecast$30.00 Low Stock Price Forecast$11.00 Forecasted Upside/Downside+81.9%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.15) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-54,580,000.00 Net Margins-23.27% Pretax Margin-23.80% Return on Equity-17.10% Return on Assets-14.04% Debt Debt-to-Equity RatioN/A Current Ratio6.34 Quick Ratio4.54 Sales & Book Value Annual Sales$242.06 million Price / Sales1.97 Cash FlowN/A Price / Cash FlowN/A Book Value$5.98 per share Price / Book1.72Miscellaneous Outstanding Shares46,510,000Free Float43,905,000Market Cap$477.19 million OptionableOptionable Beta2.19 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Scott H. Keeney (Age 58)Co-Founder, Chairman, Pres & CEO Comp: $519.1kMr. Joseph Corso (Age 42)Chief Financial Officer Comp: $314.48kMr. Jason FarmerCo-FounderMr. Chris SchechterChief Operating OfficerMr. James Nias (Age 51)VP, Corp. Controller & Chief Accounting Officer Mr. Robert Martinsen (Age 61)Chief Technology Officer Julie DimmickVP, Gen. Counsel & Corp. Sec.Ms. Kerry HillVP of HR & TreasuryMr. Bill WillsonManaging Director of Fiber DivisionMr. Joseph V. DeBartoloVP & Gen. Mang.More ExecutivesKey CompetitorsNVENASDAQ:NVECApplied OptoelectronicsNASDAQ:AAOICanaanNASDAQ:CANMagnachip SemiconductorNYSE:MXSkyWater TechnologyNASDAQ:SKYTView All CompetitorsInsiders & InstitutionsCalifornia State Teachers Retirement SystemSold 3,450 shares on 8/21/2023Ownership: 0.114%Legato Capital Management LLCBought 15,135 shares on 8/18/2023Ownership: 0.033%Nuveen Asset Management LLCBought 21,180 shares on 8/16/2023Ownership: 0.292%Natixis Advisors L.P.Bought 1,299 shares on 8/15/2023Ownership: 0.139%Royal Bank of CanadaBought 2,910 shares on 8/15/2023Ownership: 0.031%View All Insider TransactionsView All Institutional Transactions LASR Stock - Frequently Asked Questions Should I buy or sell nLIGHT stock right now? 3 Wall Street 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 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 forecast for 2023? 3 brokerages have issued twelve-month price objectives for nLIGHT's shares. Their LASR share price forecasts range from $11.00 to $30.00. On average, they expect the company's stock price to reach $18.67 in the next year. This suggests a possible upside of 81.9% 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 1.2% and is now trading at $10.26. View the best growth stocks for 2023 here. Are investors shorting nLIGHT? nLIGHT saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 698,500 shares, a decrease of 8.3% from the August 15th total of 762,100 shares. Based on an average daily trading volume, of 187,100 shares, the days-to-cover ratio is currently 3.7 days. View nLIGHT's Short Interest. When is nLIGHT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our LASR earnings forecast. How were nLIGHT's earnings last quarter? nLIGHT, Inc. (NASDAQ:LASR) announced its quarterly earnings data on Thursday, August, 3rd. The company reported ($0.18) EPS for the quarter, topping analysts' consensus estimates of ($0.22) by $0.04. The business earned $53.30 million during the quarter, compared to the consensus estimate of $52.37 million. nLIGHT had a negative trailing twelve-month return on equity of 17.10% and a negative net margin of 23.27%. What ETF holds nLIGHT's stock ? ProShares Nanotechnology ETF holds 1,877 shares of LASR stock, representing 0.88% of its portfolio. What guidance has nLIGHT issued on next quarter's earnings? nLIGHT updated its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $47.00 million-$51.00 million, compared to the consensus revenue estimate of $57.15 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? (LASR) raised $76 million in an initial public offering (IPO) on Thursday, April 26th 2018. The company issued 5,400,000 shares at $13.00-$15.00 per share. Stifel and Raymond James served as the underwriters for the IPO and Needham, Canaccord Genuity and D.A. Davidson were co-managers. What is nLIGHT's stock symbol? nLIGHT trades on the NASDAQ under the ticker symbol "LASR." Who are nLIGHT's major shareholders? nLIGHT's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (7.65%), BlackRock Inc. (7.10%), Bank of New York Mellon Corp (4.55%), Royce & Associates LP (4.25%), Clearbridge Investments LLC (3.98%) and Pinnacle Associates Ltd. (3.14%). 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. What is nLIGHT's stock price today? One share of LASR stock can currently be purchased for approximately $10.26. How much money does nLIGHT make? nLIGHT (NASDAQ:LASR) has a market capitalization of $477.19 million and generates $242.06 million in revenue each year. The company earns $-54,580,000.00 in net income (profit) each year or ($1.15) on an earnings per share basis. How many employees does nLIGHT have? The company employs 1,100 workers across the globe. How can I contact nLIGHT? nLIGHT's mailing address is 5408 NORTHEAST 88TH STREET BUILDING E, VANCOUVER WA, 98665. The official website for the company is www.nlight.net. The company can be reached via phone at (360) 566-4460 or via email at jason.willey@nlight.net. This page (NASDAQ:LASR) was last updated on 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding nLIGHT, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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