In the latest stock market update, nLight (LASR, Financial) received a positive outlook from Needham analyst James Ricchiuti. The analyst has reaffirmed his "Buy" rating for LASR, highlighting continued confidence in the company's market potential.
In addition to maintaining the "Buy" rating, Ricchiuti has raised the price target for nLight (LASR, Financial) from $14.00 to $18.00. This adjustment represents a significant 28.57% increase in the price target, suggesting optimistic expectations for the company's stock performance in the foreseeable future.
The new price target is set in USD and signals a bullish stance by the analyst, who appears to foresee growth trajectories for nLight (LASR, Financial) in its sector. The maintained buy rating and revised price target are particularly noteworthy for investors monitoring LASR stocks.
The updated guidance was released on May 29, 2025, as per the report, as nLight (LASR, Financial) continues to trade on the NASDAQ exchange.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for nLight Inc (LASR, Financial) is $14.83 with a high estimate of $20.00 and a low estimate of $12.00. The average target implies an downside of 5.10% from the current price of $15.63. More detailed estimate data can be found on the nLight Inc (LASR) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, nLight Inc's (LASR, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for nLight Inc (LASR, Financial) in one year is $11.12, suggesting a downside of 28.85% from the current price of $15.63. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the nLight Inc (LASR) Summary page.
