FY2025 EPS Estimates for nLight Lifted by Cantor Fitzgerald

nLight (NASDAQ:LASR) – Analysts at Cantor Fitzgerald lifted their FY2025 earnings per share (EPS) estimates for nLight in a research note issued to investors on Monday, September 15th. Cantor Fitzgerald analyst T. Jensen now expects that the company will earn ($0.40) per share for the year, up from their prior forecast of ($0.45). Cantor Fitzgerald has a “Overweight” rating and a $33.50 price objective on the stock. The consensus estimate for nLight’s current full-year earnings is ($1.10) per share. Cantor Fitzgerald also issued estimates for nLight’s FY2026 earnings at ($0.38) EPS.

Several other analysts have also recently issued reports on the company. Needham & Company LLC increased their target price on nLight from $18.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Raymond James Financial reiterated a “strong-buy” rating on shares of nLight in a research report on Friday, August 8th. Craig Hallum reiterated a “buy” rating and set a $24.00 target price (up previously from $14.00) on shares of nLight in a research report on Thursday, June 26th. Stifel Nicolaus increased their target price on nLight from $12.00 to $26.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Finally, Benchmark increased their target price on nLight from $15.00 to $25.00 and gave the stock a “speculative buy” rating in a research report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $27.42.

nLight Stock Performance

NASDAQ:LASR opened at $29.52 on Wednesday. The company has a current ratio of 5.63, a quick ratio of 4.41 and a debt-to-equity ratio of 0.09. nLight has a 12-month low of $6.20 and a 12-month high of $30.56. The stock has a 50-day moving average price of $24.62 and a 200 day moving average price of $16.37. The stock has a market capitalization of $1.47 billion, a P/E ratio of -31.07 and a beta of 2.44.

nLight (NASDAQ:LASR) last issued 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 business had revenue of $61.74 million during the quarter, compared to analysts’ expectations of $55.24 million. nLight had a negative return on equity of 19.12% and a negative net margin of 21.66%.The business’s quarterly revenue was up 22.2% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.10) earnings per share. nLight has set its Q3 2025 guidance at EPS.

Insider Activity at nLight

In other news, CEO Scott H. Keeney sold 15,391 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $28.84, for a total value of $443,876.44. Following the completion of the sale, the chief executive officer directly owned 2,381,545 shares of the company’s stock, valued at $68,683,757.80. This trade represents a 0.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Joseph John Corso sold 3,588 shares of the firm’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 value of $106,671.24. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 346,155 shares of company stock valued at $9,371,219 over the last ninety days. Corporate insiders own 4.70% of the company’s stock.

Institutional Investors Weigh In On nLight

Institutional investors and hedge funds have recently modified their holdings of the business. Ameritas Investment Partners Inc. increased its holdings in nLight by 12.9% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,911 shares of the company’s stock worth $97,000 after purchasing an additional 561 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of nLight by 4.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,988 shares of the company’s stock valued at $354,000 after acquiring an additional 723 shares during the period. GAMMA Investing LLC increased its holdings in shares of nLight by 147.6% in the 2nd quarter. GAMMA Investing LLC now owns 1,550 shares of the company’s stock valued at $31,000 after acquiring an additional 924 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of nLight by 4.5% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,423 shares of the company’s stock valued at $277,000 after acquiring an additional 1,140 shares during the period. Finally, Nisa Investment Advisors LLC increased its holdings in shares of nLight by 162.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 2,747 shares of the company’s stock valued at $54,000 after acquiring an additional 1,700 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.