Where nLight Stands With Analysts

Ratings for nLight (NASDAQ:LASR) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 0 0 0 0
Last 30D 1 0 0 0 0
1M Ago 1 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 2 0 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for nLight, presenting an average target of $15.0, a high estimate of $16.00, and a low estimate of $14.00. A decline of 4.76% from the prior average price target is evident in the current average.

Deciphering Analyst Ratings: An In-Depth Analysis

The perception of nLight by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
James Ricchiuti Needham Lowers Buy $14.00 $16.00
Ruben Roy Stifel Lowers Buy $14.00 $17.00
James Ricchiuti Needham Raises Buy $16.00 $15.00
James Ricchiuti Needham Raises Buy $16.00 $15.00

Key Insights: Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to nLight. This insight gives a snapshot of analysts' perspectives on the current state of the company. Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of nLight compared to the broader market. Price Targets: Analysts provide insights into price targets, offering estimates for the future value of nLight's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into nLight's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on nLight analyst ratings.

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All You Need to Know About nLight

nLight Inc is a United States-based company engaged in providing semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. It designs, develops and manufactures the critical elements of lasers, through its vertically integrated business model to rapidly introduce innovative products, control costs and protect intellectual property. It operates in two segments: Laser Products, which includes semiconductor lasers, fiber lasers, and directed energy products; and Advanced Development segment includes revenue earned from research and development contracts. The majority of its revenue is generated from the Laser segment. The company's geographical segments include North America, China, and the Rest of the world.

nLight's Financial Performance

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: nLight's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 10.85%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.

Net Margin: nLight's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -18.41%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): nLight's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -4.35%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -3.53%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.05.

Analyst Ratings: What Are They?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Latest Ratings for LASR

DateFirmActionFromTo
Feb 2022Craig-HallumDowngradesBuyHold
Feb 2022NeedhamMaintainsBuy
Feb 2022Raymond JamesMaintainsStrong Buy

View More Analyst Ratings for LASR

View the Latest Analyst Ratings

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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