tiprankstipranks
Trending News
More News >
nLIGHT Inc (LASR)
NASDAQ:LASR
US Market

nLIGHT (LASR) AI Stock Analysis

Compare
322 Followers

Top Page

LA

nLIGHT

(NASDAQ:LASR)

Rating:54Neutral
Price Target:
$20.00
▲(5.65%Upside)
The overall stock score is primarily influenced by financial challenges and valuation concerns, with some positive technical momentum. The strong defense segment performance partially offsets commercial market weaknesses, but the overall financial health remains a significant risk.
Positive Factors
Aerospace/Defense Sales
Record Aerospace/Defense sales of $32.7 million reported for the March quarter.
Defense Revenue Growth
LASR's Defense business, which makes up a significant portion of its revenues, increased by 49%, driven by substantial growth in product-related revenue.
Strategic Partnerships
LASR is believed to be working with key players in Israel on the Iron Beam system, indicating strategic partnerships in directed energy weapons.
Negative Factors
Commercial Business Decline
The Commercial business declined 17% year over year in Q1 and is expected to decline 15%-20% in 2025, consistent with prior expectations.
Industrial Market Weakness
The overall lower revenue was due to several factors, including continued weakness in its industrial markets and execution challenges in its microfabrication business.
Product Sales Decline
Product sales of $31.7 million were down from the $41.1 million reported in the prior quarter.

nLIGHT (LASR) vs. SPDR S&P 500 ETF (SPY)

nLIGHT Business Overview & Revenue Model

Company DescriptionnLIGHT, Inc. (NASDAQ: LASR) is a technology company that designs, develops, and manufactures high-power semiconductor and fiber lasers. These products are primarily used in industrial, microfabrication, and aerospace and defense sectors. The company is headquartered in Camas, Washington, and is known for its innovative laser solutions that enable advanced manufacturing processes and applications.
How the Company Makes MoneynLIGHT generates revenue by selling its high-performance laser products to a diverse range of industries. The company's primary revenue streams include direct sales of semiconductor and fiber lasers to industrial manufacturers, microfabrication companies, and aerospace and defense contractors. These lasers are utilized in various applications, including welding, cutting, engraving, and 3D printing. nLIGHT also engages in partnerships and collaborations with key players in these sectors, which can contribute to its earnings through joint development projects and supply agreements. Additionally, the company may offer service and maintenance contracts for its laser systems, providing a recurring revenue stream.

nLIGHT Earnings Call Summary

Earnings Call Date:May 08, 2025
(Q1-2025)
|
% Change Since: 119.86%|
Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment Positive
The earnings call reflects a strong performance in the defense segment, contributing to overall revenue growth and improved gross margins. However, there are ongoing challenges in the commercial markets and uncertainties related to tariffs that could impact future performance.
Q1-2025 Updates
Positive Updates
Record Defense Revenue
Defense revenue represented more than 63% of total sales in the quarter, up from 49% in the same quarter a year ago, with defense product sales growing over 50% year over year.
Significant Growth in A&D Segment
Aerospace and defense revenue was $32.7 million in the quarter, up 50.4% year over year and 8.6% sequentially.
Improved Gross Margin
Total gross margin in the first quarter was 26.7%, compared to 16.8% in the first quarter of 2024. The improvement was due to higher product volumes, favorable mix, and duty reclaim.
Positive Adjusted EBITDA
Adjusted EBITDA for the first quarter was $116,000 compared to a loss of $4.9 million in the first quarter of 2024.
Strong Financial Position
Ended the first quarter with total cash, cash equivalents, restricted cash, and investments of $117 million.
Negative Updates
Decline in Commercial Revenue
First quarter revenue from commercial markets, including industrial and microfabrication, was $19 million, a decrease of 16.8% year over year.
Tariff-Related Uncertainty
Significant uncertainty about the impact of high tariffs on the overall economy, demand from customers, and material costs for products.
Ongoing Challenges in Industrial Markets
Industrial and microfabrication markets remain challenging, with demand expected to remain weak through the remainder of the year.
Company Guidance
In the first quarter of 2025, nLIGHT, Inc. reported robust financial results, surpassing the high end of its guidance for revenue, gross margin, and adjusted EBITDA. The company achieved total revenue of $51.7 million, marking a 16% increase from the previous year. Aerospace and defense (A&D) revenue reached $32.7 million, reflecting a 50.4% year-over-year growth, driven by record defense product revenue, which surged more than 150%. This growth was primarily due to increased deliveries for the HEL-TD direct energy laser program. For the second quarter, nLIGHT projects revenue between $53 million and $59 million, with A&D revenue expected to rise sequentially and year over year. The total gross margin for the first quarter was 26.7%, benefiting from a $1.9 million duty reclaim, which without this would have been approximately 23%. Operating expenses were $23.4 million, and the company ended the quarter with $117 million in cash and investments, drawing $20 million from its line of credit to bolster its balance sheet amid tariff uncertainties. Looking forward, nLIGHT anticipates at least a 25% revenue increase in the A&D sector for the full year, despite ongoing challenges in the industrial and microfabrication markets.

nLIGHT Financial Statement Overview

Summary
nLIGHT's financial performance is challenged by declining revenues, persistent losses, and negative cash flows. Despite a relatively healthy balance sheet with low debt, the reliance on equity and operational inefficiencies pose significant risks.
Income Statement
45
Neutral
nLIGHT's financial performance shows a declining trend in revenue and profitability. The TTM (Trailing-Twelve-Months) gross profit margin is 19.12%, and the net profit margin stands at -26.80%, indicating significant losses. Revenue decreased by approximately 3.45% from 2023 to 2024 and by 3.44% from 2024 to TTM. The EBIT and EBITDA margins are negative, reflecting consistent operational challenges.
Balance Sheet
58
Neutral
The company's balance sheet displays a relatively healthy equity position with a debt-to-equity ratio of 0.15 in TTM. However, stockholders' equity and total assets have been declining. The equity ratio is 73.36%, indicating a strong reliance on equity financing, which provides some financial stability.
Cash Flow
40
Negative
Negative operating cash flow and free cash flow highlight liquidity challenges. The TTM free cash flow is -$22.41 million, showing a worsening trend compared to previous periods. The free cash flow to net income ratio is unfavorable, and the operating cash flow to net income ratio is negative, signaling inefficiencies in cash generation relative to net losses.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue205.69M198.55M209.92M242.06M270.15M222.79M
Gross Profit39.33M33.02M46.11M50.82M77.31M59.36M
EBITDA-46.46M-43.27M-29.92M-35.54M-15.16M-7.36M
Net Income-55.12M-60.79M-41.67M-54.58M-29.67M-20.93M
Balance Sheet
Total Assets290.00M270.24M306.80M329.23M373.62M283.64M
Cash, Cash Equivalents and Short-Term Investments116.72M100.70M112.88M108.22M146.53M102.28M
Total Debt32.62M12.13M14.16M15.61M17.68M13.05M
Total Liabilities77.24M53.81M52.38M58.39M71.48M63.73M
Stockholders Equity212.76M216.43M254.42M270.85M302.13M219.91M
Cash Flow
Free Cash Flow-22.41M-10.29M4.75M-36.26M-29.00M-11.31M
Operating Cash Flow-13.75M-2.36M10.09M-14.54M-7.44M13.04M
Investing Cash Flow15.80M16.69M-14.10M-72.38M-21.85M-24.54M
Financing Cash Flow19.08M-1.30M-859.00K-1.31M73.74M-3.77M

nLIGHT Technical Analysis

Technical Analysis Sentiment
Positive
Last Price18.93
Price Trends
50DMA
14.87
Positive
100DMA
11.71
Positive
200DMA
11.39
Positive
Market Momentum
MACD
1.18
Positive
RSI
61.64
Neutral
STOCH
63.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LASR, the sentiment is Positive. The current price of 18.93 is above the 20-day moving average (MA) of 18.60, above the 50-day MA of 14.87, and above the 200-day MA of 11.39, indicating a bullish trend. The MACD of 1.18 indicates Positive momentum. The RSI at 61.64 is Neutral, neither overbought nor oversold. The STOCH value of 63.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LASR.

nLIGHT Risk Analysis

nLIGHT disclosed 35 risk factors in its most recent earnings report. nLIGHT reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

nLIGHT Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
$3.03B-9.17%-20.08%-218.29%
64
Neutral
$364.13M-4.71%-4.77%84.82%
63
Neutral
$33.76B6.14-11.84%1.84%5.29%-18.23%
59
Neutral
$1.18B-26.43%-16.95%-2.47%
56
Neutral
$752.30M-32.43%-7.09%-53.23%
54
Neutral
$937.87M-24.12%2.66%-11.35%
42
Neutral
$359.50M-180.49%-9.62%-30.36%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
LASR
nLIGHT
18.93
7.92
71.93%
WOLF
Wolfspeed
2.52
-21.65
-89.57%
IPGP
IPG Photonics
73.00
-13.07
-15.19%
INDI
indie Semiconductor
3.78
-2.68
-41.49%
NVTS
Navitas Semiconductor
6.58
2.11
47.20%
XPER
Xperi Inc
8.04
0.17
2.16%

nLIGHT Corporate Events

Executive/Board ChangesShareholder Meetings
nLIGHT Concludes Annual Stockholders Meeting with Key Decisions
Neutral
Jun 13, 2025

On June 10, 2025, nLIGHT, Inc. held its annual meeting of stockholders where 87.79% of the shares entitled to vote participated. During the meeting, the election of Class I directors was completed, the appointment of KPMG LLP as the independent registered public accounting firm was ratified, and the compensation for named executive officers was approved.

The most recent analyst rating on (LASR) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on nLIGHT stock, see the LASR Stock Forecast page.

Executive/Board Changes
nLIGHT Appoints Mark Hartman to Board of Directors
Neutral
Jun 13, 2025

On June 12, 2025, nLIGHT, Inc. announced the resignation of Douglas Carlisle from its Board of Directors, where he served since 2001, and the appointment of Mark Hartman as a Class III director with a term expiring in 2027. Hartman, a retired CFO from Woodward Inc., brings extensive experience in financial management and the aerospace and defense sectors, aligning with nLIGHT’s focus on growth opportunities in these markets.

The most recent analyst rating on (LASR) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on nLIGHT stock, see the LASR Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 28, 2025