nLight (NASDAQ:LASR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of nLight (NASDAQ:LASR) from a hold rating to a buy rating in a report published on Saturday morning.

Other research analysts have also recently issued research reports about the stock. Stifel Nicolaus raised their price target on shares of nLight from $12.00 to $26.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Needham & Company LLC lifted their target price on shares of nLight from $18.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Benchmark boosted their target price on nLight from $15.00 to $25.00 and gave the stock a “speculative 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, Raymond James Financial reiterated a “strong-buy” rating on shares of nLight in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. Based on data from MarketBeat, nLight presently has a consensus rating of “Buy” and a consensus target price of $27.42.

nLight Stock Up 1.2%

Shares of LASR opened at $31.55 on Friday. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of -33.21 and a beta of 2.44. The company has a quick ratio of 4.41, a current ratio of 5.63 and a debt-to-equity ratio of 0.09. nLight has a 12 month low of $6.20 and a 12 month high of $32.24. The company has a 50-day moving average price of $25.39 and a two-hundred day moving average price of $16.95.

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

Insider Activity at nLight

In related news, CEO Scott H. Keeney sold 62,507 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $30.99, for a total value of $1,937,091.93. Following the completion of the transaction, the chief executive officer owned 2,319,038 shares in the company, valued at $71,866,987.62. The trade was a 2.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Joseph John Corso sold 38,284 shares of the business’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $28.29, for a total transaction of $1,083,054.36. Following the completion of the transaction, the chief financial officer owned 273,118 shares of the company’s stock, valued at $7,726,508.22. This trade represents a 12.29% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 408,662 shares of company stock valued at $11,308,311 in the last 90 days. 6.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of LASR. GAMMA Investing LLC raised its position in nLight by 147.6% in the 2nd quarter. GAMMA Investing LLC now owns 1,550 shares of the company’s stock worth $31,000 after purchasing an additional 924 shares during the last quarter. Osaic Holdings Inc. raised its position in nLight by 1,599.1% in the 2nd quarter. Osaic Holdings Inc. now owns 1,835 shares of the company’s stock worth $36,000 after purchasing an additional 1,727 shares during the last quarter. Nisa Investment Advisors LLC raised its position in nLight by 162.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 2,747 shares of the company’s stock worth $54,000 after purchasing an additional 1,700 shares during the last quarter. Militia Capital Partners LP bought a new position in nLight in the 2nd quarter worth approximately $71,000. Finally, Tower Research Capital LLC TRC raised its position in nLight by 213.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,764 shares of the company’s stock worth $94,000 after purchasing an additional 3,246 shares during the last quarter. Institutional investors own 83.88% of the company’s stock.

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.