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LASR

nLIGHT, Inc.

LASR

NASDAQ·Technology·Semiconductors·Mkt cap $3.8B

$63.25

-5.54%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$17.84 - $86.95

P/E

-209.65

Fwd P/E

192.68

Beta

2.29

Div Yield

0.00%

Avg Vol

1.3M

Shares Out

55.8M

Mkt Cap

$3.8B

Price action

Price chart

Up 240.9% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Proprietary semiconductor and fiber laser technology with high barriers to entry
  • Established relationships with Fortune 500 industrial manufacturers and U.S. defense contractors
  • Vertically integrated manufacturing capabilities enabling superior product performance and margins
  • Dual-use technology applicable to both commercial industrial and aerospace & defense markets

Bear Case

2 risks

  • High volatility (beta 2.3). Larger-than-normal price swings expected.
  • Growth premium of 3.0x vs AI Photonics & Optical peers. Elevated but may be justified by growth trajectory.

Growth

Turning profitable

Increasing adoption of laser-based precision manufacturing and automation in industrial markets

Value

Growth premium of 3.0x vs AI Photonics & Optical peers. Elevated but may be justified by growth trajectory.

Momentum

Strong

+11.4% over 3m

Quality

Stable

High-growth business (41% revenue growth, 31% gross margin). Pre-profit but investing in growth.

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 6, 2026

Q2 26 RECAP

MAY 7, 2026

Reported EPS of $0.20 vs $0.08 consensus (+150.0% surprise). Revenue of $80.2M vs $72.1M expected (+11.2%). Beat on both top and bottom lines.

EPS beat +150.0%
Rev beat +11.2%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+150.0%

Next: May 6, 2026

Revenue trend · last 8Q

-9%

+16%

+22%

+19%

+71%

+55%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$50.5M

$56.1M

$47.4M

$51.7M

$61.7M

$66.7M

$81.2M

$80.2M

Margins · last 8Q

Gross

Operating

Profit

0.8%

Wall Street consensus

4 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

4

100%

Hold

0%

Sell

0%

Median Price Target

$80.50

+27.3% vs $63.25

Low $75.00
Median $80.50
High $100.00

Latest: Stifel · $85.00 · May 21, 2026

4 analysts covering

vs Industry

How LASR stacks vs Semiconductors

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.