nLIGHT Inc (NASDAQ:LASR) does about 510.76K shares in volume on a normal day but saw 1052038 shares change hands in the recent trading day. The company now has a market cap of 808.83M USD. Its current market price is $16.36, marking an increase of 4.94% compared to the previous close of $15.59. The 52 week high reached by this stock is $16.21 whilst the lowest price level in 52 weeks is $6.20.
The consensus objective for the share price is $15.50, suggesting that the stock has a potential downside of -5.55% over the period.
FactSet Research has provided data showing that 4 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 1 advise that it is a overweight. 1 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Strong Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 09, 2025 when Craig Hallum upgraded the stock to “Buy” and issued a price target of $14. The Benchmark Company upgraded its price target at $17.
The current price level is 24.43%, 66.25%, and 54.89% away from its SMA20, SMA50, and SMA200 respectively, with the LASR price moving below the 50-day SMA on current market day. nLIGHT Inc (LASR) stock is up 5.68% over the week and 93.15% over the past month. Its price is 55.96% year-to-date and 24.51% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -5.55 percent from here.
Outstanding shares total 49.44M with insiders holding 4.05% of the shares and institutional holders owning 88.04% of the company’s common stock. The company has a return on investment of -22.70% and return on equity of -24.12%. The beta has a value of 2.27. Price to book ratio is 3.80 and price to sales ratio is 3.93.