nLIGHT, Inc. (LASR)
NASDAQ: LASR · Real-Time Price · USD
11.11
+0.26 (2.40%)
Nov 21, 2024, 4:00 PM EST - Market closed
nLIGHT Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for nLIGHT stock have an average target of 16.17, with a low estimate of 15.5 and a high estimate of 17. The average target predicts an increase of 45.54% from the current stock price of 11.11.
Analyst Consensus: Strong Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $15 → $16 | Strong Buy | Maintains | $15 → $16 | +44.01% | Nov 11, 2024 |
| Needham | Needham | Strong Buy Maintains $15 → $16 | Strong Buy | Maintains | $15 → $16 | +44.01% | Nov 8, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $16 | Buy | Initiates | $16 | +39.51% | Oct 3, 2024 |
| Needham | Needham | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +35.01% | Aug 5, 2024 |
| Benchmark | Benchmark | Buy Reiterates $17 | Buy | Reiterates | $17 | +53.02% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
214.53M
from 209.92M
Increased by 2.20%
Revenue Next Year
256.65M
from 214.53M
Increased by 19.63%
EPS This Year
-0.42
from -0.90
EPS Next Year
-0.24
from -0.42
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 223.7M | 311.9M | 305.2M |
| Avg | 214.5M | 256.7M | 284.9M |
| Low | 203.2M | 230.8M | 262.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.6% | 45.4% | 18.9% |
| Avg | 2.2% | 19.6% | 11.0% |
| Low | -3.2% | 7.6% | 2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.36 | 0.06 | -0.11 |
| Avg | -0.42 | -0.24 | -0.18 |
| Low | -0.47 | -0.39 | -0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.