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LWLG Stock Chart & Stats
$6.05
$0.18(2.98%)
At close: 4:00 PM EDT
$6.05
$0.18(2.98%)
Day’s Range― - ―
52-Week Range$2.15 - $18.71
Previous CloseN/A
Volume3.02K
Average Volume (3M)4.27M
Market Cap
$954.30M
Enterprise Value$1.36K
Total Cash (Recent Filing)$95.91M
Total Debt (Recent Filing)$2.50M
Price to Earnings (P/E)―
Beta2.78
Next Earnings
Nov 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.16
Shares Outstanding154,167,250
10 Day Avg. Volume3,057,399
30 Day Avg. Volume4,271,864
Financial Highlights & Ratios
PEG Ratio1.28
Price to Book (P/B)5.58
Price to Sales (P/S)1759.55
P/FCF Ratio-27.63
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Customer Commercialization TractionFive Stage-3 programs and a signed supply and licensing agreement indicate customer validation is advancing beyond early technical interest. Progress toward qualification and production could support recurring licensing and materials revenue if execution continues.
Foundry Ecosystem ProgressParallel engagements with GlobalFoundries, Tower, SilTerra and another partner diversify qualification pathways. Planned wafer deliveries create tangible milestones for integrating the polymer platform into commercial photonic manufacturing flows.
Strong Balance SheetA substantial cash balance and absence of debt provide flexibility to fund R&D, foundry runs and manufacturing readiness. This reduces near-term solvency pressure while the company works toward commercial revenue and production scale.
Bears Say
Minimal Revenue And Deep LossesThe very small revenue base shows that technical progress has not yet translated into meaningful commercial sales. Deeply negative margins and operating losses limit earnings visibility and leave the business dependent on future scale-up.
Accelerating Operating Cash BurnHigher operating cash consumption, alongside rising R&D and G&A expenses, increases the funding required before commercialization. Continued investment may be necessary, and sustained burn could reduce financial flexibility if milestones take longer.
Foundry And Production Execution RiskThe commercialization path depends on external foundry schedules, yield learning, packaging, testing and scaling BEOL production. These interdependencies can extend qualification timelines and postpone revenue conversion despite customer interest.
Lightwave Logic News
LWLG FAQ
What was Lightwave Logic’s price range in the past 12 months?
Lightwave Logic lowest stock price was $2.15 and its highest was $18.71 in the past 12 months.
What is Lightwave Logic’s market cap?
Lightwave Logic’s market cap is $954.30M.
When is Lightwave Logic’s upcoming earnings report date?
Lightwave Logic’s upcoming earnings report date is Nov 18, 2026 which is in 85 days.
How were Lightwave Logic’s earnings last quarter?
Lightwave Logic released its earnings results on Aug 11, 2026. The company reported -$0.043 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Lightwave Logic overvalued?
According to Wall Street analysts Lightwave Logic’s price is currently Overvalued.
Does Lightwave Logic pay dividends?
Lightwave Logic does not currently pay dividends.
What is Lightwave Logic’s EPS estimate?
Lightwave Logic’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Lightwave Logic have?
Lightwave Logic has 154,167,250 shares outstanding.
What happened to Lightwave Logic’s price movement after its last earnings report?
Lightwave Logic reported an EPS of -$0.043 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -0.657%.
Which hedge fund is a major shareholder of Lightwave Logic?
Currently, no hedge funds are holding shares in LWLG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Lightwave Logic Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Blogger Sentiment
Bullish
LWLG Sentiment 92%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 2.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
125.74%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
233.20%
Trailing 12-Months
Company Description
Lightwave Logic
Lightwave Logic, Inc. focuses on the development and commercialization of electro-optic polymer materials for data communications and other photonic application in the United States and internationally. The company sells electro-optic (EO) polymer materials for integration into silicon photonics and other photonic integrated circuit platforms under the Perkinamine name. It is also involved in intellectual property licensing; and royalty activities. The company serves semiconductor foundries, silicon photonics device designers, and optical module manufacturers, as well as system integrators serving artificial intelligence, cloud computing, data center, and telecommunications markets. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.
LWLG Company Deck
LWLG Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed meaningful operational progress toward commercialization — tangible milestones such as five Stage 3 customers, multiple foundry engagements, imminent wafer deliveries, an existing material supply agreement, and a strong cash position (~$95.9M). Those highlights show advancing de-risking of the technology and customer traction. Offsetting this are persistent commercialization risks and financial headwinds: very low recognized revenue (~$33k), a widening net loss ($6.6M, +~32% YoY), rising R&D and G&A spending (+50% and +48% YoY respectively), increased cash burn (+~36% in H1 operating use), and continued foundry and BEOL schedule and capacity constraints that could delay qualification and the targeted volume ramp in H2 2027. Overall the call balances clear technical and commercial progress against near-term financial and execution risks, but the progress on foundry runs, customer Stage 3 expansion, and cash runway lead to a constructive outlook.View all LWLG earnings summariesTechnical Analysis
Cabot
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Eastman Chemical
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5E Advanced Materials, Inc.
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Solstice Advanced Materials, Inc.
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Ownership Overview
2.96% Insiders
7.13% Mutual Funds
2.40% Other Institutional Investors
74.41% Public Companies and Individual Investors