nLIGHT, Inc. (LASR)
NASDAQ: LASR · IEX Real-Time Price · USD
11.11
+0.42 (3.93%)
Apr 19, 2024, 11:53 AM EDT - Market open
nLIGHT Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for nLIGHT stock have an average target of 14.67, with a low estimate of 11 and a high estimate of 17. The average target predicts an increase of 32.04% from the current stock price of 11.11.
Analyst Consensus: Buy
* Price targets were last updated on Nov 28, 2023.
Analyst Ratings
The average analyst rating for nLIGHT stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Hold → Buy Upgrades $17 | Hold → Buy | Upgrades | $17 | +53.02% | Nov 28, 2023 |
| Needham | Needham | Strong Buy Maintains $15 → $16 | Strong Buy | Maintains | $15 → $16 | +44.01% | Nov 28, 2023 |
| Needham | Needham | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +35.01% | Aug 4, 2023 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $10 → $11 | Hold | Maintains | $10 → $11 | -0.99% | May 5, 2023 |
| Needham | Needham | Strong Buy Maintains $13 → $15 | Strong Buy | Maintains | $13 → $15 | +35.01% | May 5, 2023 |
Financial Forecast
Revenue This Year
215.36M
from 209.92M
Increased by 2.59%
Revenue Next Year
256.42M
from 215.36M
Increased by 19.07%
EPS This Year
-0.47
from -0.90
EPS Next Year
-0.23
from -0.47
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 231.0M | 294.0M |
| Avg | 215.4M | 256.4M |
| Low | 194.5M | 233.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 10.0% | 36.5% |
| Avg | 2.6% | 19.1% |
| Low | -7.3% | 8.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.33 | 0.04 |
| Avg | -0.47 | -0.23 |
| Low | -0.58 | -0.34 |
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.