Cantor Fitzgerald Boosts nLight (NASDAQ:LASR) Price Target to $62.50

nLight (NASDAQ:LASRGet Free Report) had its price objective lifted by equities research analysts at Cantor Fitzgerald from $40.00 to $62.50 in a report released on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 11.23% from the stock’s current price.

Other analysts have also recently issued research reports about the stock. Zacks Research cut shares of nLight from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Stifel Nicolaus began coverage on nLight in a report on Tuesday, January 20th. They set a “buy” rating and a $60.00 target price on the stock. Canaccord Genuity Group upgraded nLight to a “buy” rating in a research report on Wednesday, December 17th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of nLight in a report on Thursday, January 22nd. Finally, Needham & Company LLC boosted their price objective on nLight from $48.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, nLight presently has an average rating of “Moderate Buy” and a consensus price target of $53.07.

Read Our Latest Research Report on LASR

nLight Stock Down 10.7%

Shares of LASR opened at $56.19 on Friday. The stock has a 50 day moving average price of $46.35 and a 200 day moving average price of $36.54. nLight has a one year low of $6.20 and a one year high of $62.98. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.36 and a current ratio of 5.63. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of -119.55 and a beta of 2.33.

nLight (NASDAQ:LASRGet Free Report) last announced its earnings results on Thursday, February 26th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.03. nLight had a negative net margin of 8.98% and a negative return on equity of 9.40%. The company had revenue of $81.19 million for the quarter, compared to analysts’ expectations of $76.71 million. During the same quarter in the previous year, the company posted ($0.30) EPS. The firm’s quarterly revenue was up 71.3% on a year-over-year basis. Equities research analysts forecast that nLight will post -1.1 earnings per share for the current fiscal year.

Insider Activity at nLight

In other nLight news, CFO Joseph John Corso sold 66,075 shares of the firm’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $36.32, for a total transaction of $2,399,844.00. Following the completion of the sale, the chief financial officer owned 196,224 shares of the company’s stock, valued at $7,126,855.68. This trade represents a 25.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Scott H. Keeney sold 31,748 shares of nLight stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $37.51, for a total value of $1,190,867.48. Following the completion of the sale, the chief executive officer owned 2,285,020 shares in the company, valued at $85,711,100.20. This represents a 1.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 127,502 shares of company stock worth $4,622,166. Corporate insiders own 4.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in nLight by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,593 shares of the company’s stock worth $214,000 after buying an additional 1,170 shares during the period. Jane Street Group LLC lifted its holdings in shares of nLight by 622.7% in the 1st quarter. Jane Street Group LLC now owns 77,201 shares of the company’s stock worth $600,000 after acquiring an additional 66,518 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in shares of nLight by 162.4% during 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 period. Y Intercept Hong Kong Ltd acquired a new stake in nLight in the 2nd quarter valued at approximately $1,773,000. Finally, Fox Run Management L.L.C. acquired a new stake in nLight in the 2nd quarter valued at approximately $731,000. Institutional investors and hedge funds own 83.88% of the company’s stock.

More nLight News

Here are the key news stories impacting nLight this week:

  • Positive Sentiment: Needham raised its price target from $48 to $70 and assigned a “buy” rating, signaling confidence in continued revenue growth and implying ~24.6% upside from the current price. Needham Price Target Raise
  • Positive Sentiment: Cantor Fitzgerald raised its price target to $62.50 and moved to “overweight,” providing additional analyst support for the stock after the quarter. Cantor Fitzgerald Price Target Raise
  • Positive Sentiment: Q4 results topped expectations: EPS $0.14 vs. $0.11 consensus and revenue $81.2M vs. $76.7M; revenue rose ~71% year‑over‑year. Management also set Q1 revenue guidance ($70–$76M) above consensus, which supports near‑term growth expectations. Q4 Earnings & Guidance
  • Positive Sentiment: Institutional interest: Bleakley Financial reported a new stake in nLight, indicating some institutional accumulation. Bleakley Stake
  • Positive Sentiment: Management scheduled investor events and conferences in early March, increasing chances for deeper analyst/investor engagement and potentially clearer forward commentary. Investor Events
  • Neutral Sentiment: Unusually large options volume was reported, suggesting heightened speculative or hedging activity that can amplify intraday moves but is not itself a directional signal. Options Volume Note
  • Negative Sentiment: Despite the beat and raised guidance, the stock dropped as investors appeared to take profits after recent gains and reacted to remaining profitability concerns (negative net margin and ROE noted in the report). Several outlets reported the stock “tumbled” after the release. Stock Reaction Coverage
  • Negative Sentiment: Heavy intraday volume and elevated volatility accompanied the move lower, which can exacerbate declines and indicates short‑term positioning changes rather than a change in underlying fundamentals. Market Reaction & Volume

nLight Company Profile

(Get Free Report)

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. The company also provides laser sensors, including light detection and ranging technologies for intelligence, surveillance, and reconnaissance applications; and fiber amplifiers, beam combination, and control systems for use in high-energy laser systems in directed energy applications.

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