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Lightwave Logic ( (LWLG) ) has issued an announcement.
On January 6, 2026, Lightwave Logic, Inc.’s board appointed Snizhana “Ana” Quan as Principal Financial Officer and Principal Accounting Officer, following the previously announced retirement of former CFO and COO, and director, James S. Marcelli effective December 31, 2025. Quan, 47, has been the company’s Corporate Controller since October 2023 and brings an extensive background in corporate accounting, SEC reporting, and financial leadership from prior roles at Stolle Machinery Company, Frontier Airlines, NTT America, Western Union, The Comex Group, and KPMG. A certified public accountant in Colorado with a Bachelor of Science in Business Administration – Accounting/Finance from the University of Colorado, Quan’s appointment reflects an internal succession plan and continuity in financial stewardship, with the company noting there are no special arrangements, family relationships, or related-party transactions associated with her promotion.
The most recent analyst rating on (LWLG) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Lightwave Logic stock, see the LWLG Stock Forecast page.
Spark’s Take on LWLG Stock
According to Spark, TipRanks’ AI Analyst, LWLG is a Underperform.
Lightwave Logic’s overall stock score is primarily impacted by its weak financial performance and bearish technical indicators. The negative P/E ratio and lack of dividend yield further weigh on the valuation. While the recent capital raise is a positive step, its benefits are yet to be realized.
To see Spark’s full report on LWLG stock, click here.
More about Lightwave Logic
Lightwave Logic, Inc. operates in the technology sector, focusing on advanced photonic and electro-optic solutions used in high-speed data communications and related applications. The company develops and commercializes proprietary materials and devices aimed at improving performance and efficiency in optical networking and data transmission markets.
Average Trading Volume: 1,790,036
Technical Sentiment Signal: Buy
Current Market Cap: $564.3M
For an in-depth examination of LWLG stock, go to TipRanks’ Overview page.

