nLIGHT, Inc. (LASR)
NASDAQ: LASR · Real-Time Price · USD
12.48
-0.43 (-3.33%)
Oct 31, 2024, 4:00 PM EDT - Market closed

nLIGHT Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for nLIGHT stock have an average target of 15.83, with a low estimate of 15 and a high estimate of 17. The average target predicts an increase of 26.84% from the current stock price of 12.48.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $15 $15.83 $15.5 $17
Change +20.19% +26.84% +24.20% +36.22%

Analyst Ratings

The average analyst rating for nLIGHT stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111111
Buy 111112
Hold 111000
Sell 000000
Strong Sell 000000
Total 333223

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Initiates
$16
Buy Initiates $16 +24.20% Oct 3, 2024
Needham
Needham
Strong Buy
Reiterates
$15
Strong Buy Reiterates $15 +20.19% Aug 5, 2024
Benchmark
Benchmark
Buy
Reiterates
$17
Buy Reiterates $17 +36.22% Aug 2, 2024
Benchmark
Benchmark
Buy
Reiterates
$17
Buy Reiterates $17 +36.22% May 3, 2024
Needham
Needham
Strong Buy
Maintains
$16$15
Strong Buy Maintains $16$15 +20.19% May 3, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
214.59M
from 209.92M
Increased by 2.22%
Revenue Next Year
257.23M
from 214.59M
Increased by 19.87%
EPS This Year
-0.41
from -0.90
EPS Next Year
-0.22
from -0.41
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
176.62M222.79M270.15M242.06M209.92M214.59M257.23M284.94M
Revenue Growth
-7.70%26.14%21.26%-10.40%-13.28%2.22%19.87%10.77%
EPS
-0.35-0.55-0.70-1.23-0.90-0.41-0.22-0.18
EPS Growth
--------
Forward PE
--------
No. Analysts -----994
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 223.7M 311.9M 305.2M
Avg 214.6M 257.2M 284.9M
Low 203.2M 230.8M 262.6M

Revenue Growth

Revenue Growth 202420252026
High
6.6%
45.3%
18.7%
Avg
2.2%
19.9%
10.8%
Low
-3.2%
7.5%
2.1%

EPS Forecast

EPS 202420252026
High -0.36 0.06 -0.11
Avg -0.41 -0.22 -0.18
Low -0.47 -0.34 -0.25

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.