nLIGHT, Inc. (LASR)
NASDAQ: LASR · IEX Real-Time Price · USD
11.89
-0.28 (-2.30%)
At close: Jul 19, 2024, 4:00 PM
11.85
-0.04 (-0.34%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
nLIGHT Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for nLIGHT stock have an average target of 16, with a low estimate of 15 and a high estimate of 17. The average target predicts an increase of 34.57% from the current stock price of 11.89.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 3, 2024.
Analyst Ratings
The average analyst rating for nLIGHT stock from 2 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Buy Reiterates $17 | Buy | Reiterates | $17 | +42.98% | May 3, 2024 |
| Needham | Needham | Strong Buy Maintains $16 → $15 | Strong Buy | Maintains | $16 → $15 | +26.16% | May 3, 2024 |
| Benchmark | Benchmark | Hold → Buy Upgrades $17 | Hold → Buy | Upgrades | $17 | +42.98% | Nov 28, 2023 |
| Needham | Needham | Strong Buy Maintains $15 → $16 | Strong Buy | Maintains | $15 → $16 | +34.57% | Nov 28, 2023 |
| Needham | Needham | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +26.16% | Aug 4, 2023 |
Financial Forecast
Revenue This Year
215.01M
from 209.92M
Increased by 2.42%
Revenue Next Year
253.48M
from 215.01M
Increased by 17.89%
EPS This Year
-0.42
from -0.90
EPS Next Year
-0.22
from -0.42
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 231.0M | 294.0M |
| Avg | 215.0M | 253.5M |
| Low | 197.0M | 231.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 10.0% | 36.7% |
| Avg | 2.4% | 17.9% |
| Low | -6.2% | 7.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.29 | -0.03 |
| Avg | -0.42 | -0.22 |
| Low | -0.48 | -0.32 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.