Analysts Set nLight (NASDAQ:LASR) Price Target at $27.42

nLight (NASDAQ:LASR) has received an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $27.4167.

LASR has been the topic of several research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of nLight in a report on Saturday, September 27th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of nLight in a report on Friday, August 8th. Needham & Company LLC lifted their price target on shares of nLight from $18.00 to $28.00 and gave the company a “buy” rating in a report on Friday, August 8th. Craig Hallum reaffirmed a “buy” rating and set a $24.00 price target (up from $14.00) on shares of nLight in a report on Thursday, June 26th. Finally, Benchmark lifted their price target on shares of nLight from $15.00 to $25.00 and gave the company a “speculative buy” rating in a report on Friday, August 8th.

nLight Price Performance

LASR stock opened at $30.85 on Friday. The firm has a market cap of $1.54 billion, a P/E ratio of -32.47 and a beta of 2.48. The company has a quick ratio of 4.41, a current ratio of 5.63 and a debt-to-equity ratio of 0.09. The company’s 50-day moving average price is $27.26 and its two-hundred day moving average price is $18.13. nLight has a 12 month low of $6.20 and a 12 month high of $32.27.

nLight (NASDAQ:LASR) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.15. The company had revenue of $61.74 million for the quarter, compared to analyst estimates of $55.24 million. nLight had a negative net margin of 21.66% and a negative return on equity of 19.12%. The firm’s revenue was up 22.2% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.10) EPS. nLight has set its Q3 2025 guidance at EPS. On average, analysts anticipate that nLight will post -1.1 earnings per share for the current fiscal year.

Insider Buying and Selling

In other nLight news, CFO Joseph John Corso sold 3,588 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $29.73, for a total transaction of $106,671.24. Following the sale, the chief financial officer directly owned 265,418 shares of the company’s stock, valued at $7,890,877.14. The trade was a 1.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Scott H. Keeney sold 62,507 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $30.99, for a total transaction of $1,937,091.93. Following the sale, the chief executive officer directly owned 2,319,038 shares in the company, valued at $71,866,987.62. The trade was a 2.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 374,980 shares of company stock worth $10,650,501 over the last three months. Insiders own 4.70% of the company’s stock.

Institutional Investors Weigh In On nLight

A number of institutional investors have recently added to or reduced their stakes in LASR. Invenomic Capital Management LP acquired a new position in shares of nLight in the 1st quarter worth approximately $6,763,000. Segall Bryant & Hamill LLC lifted its position in shares of nLight by 140.4% in the 1st quarter. Segall Bryant & Hamill LLC now owns 1,207,580 shares of the company’s stock worth $9,383,000 after purchasing an additional 705,215 shares during the period. AIGH Capital Management LLC acquired a new position in shares of nLight in the 2nd quarter worth approximately $11,810,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of nLight in the 2nd quarter worth approximately $6,778,000. Finally, AWM Investment Company Inc. lifted its position in shares of nLight by 29.5% in the 1st quarter. AWM Investment Company Inc. now owns 1,319,917 shares of the company’s stock worth $10,256,000 after purchasing an additional 300,924 shares during the period. 83.88% of the stock is owned by 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.