nLIGHT, Inc. (LASR)Technology | Semiconductors | Camas, United States | NasdaqGS
71.48 USD
+2.65
(3.856%)
⇧
(July 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:53 a.m. EDT
The investment case for nLIGHT is currently paralyzed by a disconnect between its explosive top-line growth and its inability to translate that into profitability. While revenue surged 55% year-over-year, the company remains in the red with negative operating margins and a forward P/E of over 100, signaling that the market is pricing in a long road to breakeven. The balance sheet is technically healthy with minimal debt, but the lack of free cash flow conversion keeps the risk profile elevated. Short-term, the stock is stuck in a tug-of-war. Technicals show a bounce off the 200-day moving average, yet the recent price action has been choppy and volatile. The options market confirms this confusion: traders are buying deep protection (puts) while simultaneously dreaming of a moonshot rally (far-dated calls), creating a high-risk environment where a single earnings miss could trigger a sharp decline. Long-term, the business quality is promising given the semiconductor sector and the 55% revenue jump, but the fundamentals are not yet self-sustaining. The multi-year trajectory shows a net decline despite recent recovery, highlighting the difficulty of scaling this technology profitably. Until the company demonstrates consistent earnings and stabilizes its margins, it remains a speculative hold rather than a core investment. The lack of a dividend further limits its appeal to income-focused investors. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.072046 |
| AutoTheta | 0.077150 |
| AutoETS | 0.077245 |
| MSTL_97 | 0.130428 |
| AutoARIMA | 0.132986 |
| MSTL_97_126 | 0.219601 |
| MSTL_126 | 0.262273 |
Forecast horizon: 60 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 0.79 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.674 |
| Excess Kurtosis | -0.12 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 8.29 |
| Revenue per Share | 5.657 |
| Market Cap | 4,032,094,720 |
| Forward P/E | 105.81 |
| Beta | 2.30 |
| Profit Margins | -5.08% |
| Website | https://www.nlight.net |
As of July 11, 2026, 3:53 a.m. EDT: Speculators are positioning for significant volatility rather than a specific directional breakout. There is a massive concentration of out-of-the-money put open interest at strikes like $40 and $55, suggesting a fear of a deep correction or a 'crash' scenario. Conversely, call open interest is heavily skewed toward distant strikes ($100, $125), indicating speculative bets on a massive rally without immediate conviction in a near-term move. The implied volatility is elevated across the board, reflecting uncertainty.
| Attribute | Value |
|---|---|
| 52 Week Change | 2.66099 |
| Address1 | 4,637 NW 18th Avenue |
| All Time High | 86.95 |
| All Time Low | 6.2 |
| Ask | 91.05 |
| Ask Size | 2 |
| Audit Risk | 7 |
| Average Analyst Rating | 1.3 - Strong Buy |
| Average Daily Volume10 Day | 1,397,630 |
| Average Daily Volume3 Month | 1,277,500 |
| Average Volume | 1,277,500 |
| Average Volume10Days | 1,397,630 |
| Beta | 2.303 |
| Bid | 51.48 |
| Bid Size | 2 |
| Board Risk | 9 |
| Book Value | 7.61 |
| City | Camas |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 71.48 |
| Current Ratio | 7.075 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 72.7 |
| Day Low | 70.2 |
| Debt To Equity | 8.29 |
| Display Name | nLIGHT |
| Earnings Call Timestamp End | 1,778,187,600 |
| Earnings Call Timestamp Start | 1,778,187,600 |
| Earnings Timestamp | 1,778,184,000 |
| Earnings Timestamp End | 1,786,046,400 |
| Earnings Timestamp Start | 1,786,046,400 |
| Ebitda | -1,060,000 |
| Ebitda Margins | -0.00366 |
| Enterprise To Ebitda | -3,523.664 |
| Enterprise To Revenue | 12.887 |
| Enterprise Value | 3,735,083,520 |
| Eps Current Year | 0.52444 |
| Eps Forward | 0.67556 |
| Eps Trailing Twelve Months | -0.3 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 70.4447 |
| Fifty Day Average Change | 1.0353012 |
| Fifty Day Average Change Percent | 0.014696651 |
| Fifty Two Week Change Percent | 266.099 |
| Fifty Two Week High | 86.95 |
| Fifty Two Week High Change | -15.469994 |
| Fifty Two Week High Change Percent | -0.17791827 |
| Fifty Two Week Low | 18.51 |
| Fifty Two Week Low Change | 52.97 |
| Fifty Two Week Low Change Percent | 2.8616965 |
| Fifty Two Week Range | 18.51 - 86.95 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,524,749,400,000 |
| Float Shares | 53,498,020 |
| Forward Eps | 0.67556 |
| Forward P E | 105.80852 |
| Free Cashflow | 24,213,000 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.31285 |
| Gross Profits | 90,677,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.02921 |
| Held Percent Institutions | 0.92963 |
| Implied Shares Outstanding | 56,408,709 |
| Industry | Semiconductors |
| Industry Disp | Semiconductors |
| Industry Key | semiconductors |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | nLIGHT, Inc. engages in the design, development, manufacture, and sale of semiconductor and fiber lasers for aerospace and defense, industrial, and microfabrication applications. It operates through two segments, Laser Products and Advanced Development. The company offers semiconductor lasers with various ranges of power levels, wavelengths, and output fiber sizes; and programmable and serviceable fiber lasers for use in aerospace and defense and industrial applications. It also provides fiber amplifiers, beam combination, and control systems for use in high-energy laser systems in directed energy applications. The company sells its products through direct sales force in the United States, China, South Korea, and European countries, as well as through independent sales representatives and distributors in Asia, Australia, Europe, the Middle East, and South America. The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc. in January 2016. nLIGHT, Inc. was incorporated in 2000 and is headquartered in Camas, Washington. |
| Long Name | nLIGHT, Inc. |
| Market | us_market |
| Market Cap | 4,032,094,720 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_428918 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -14,729,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 3,880,355,092 |
| Number Of Analyst Opinions | 7 |
| Open | 71.85 |
| Operating Cashflow | 31,033,000 |
| Operating Margins | -0.00529 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.78 |
| Phone | 360 566 4460 |
| Pre Market Change | 1.7299957 |
| Pre Market Change Percent | 2.4202514 |
| Pre Market Price | 73.21 |
| Pre Market Time | 1,784,108,226 |
| Previous Close | 68.826004 |
| Price Eps Current Year | 136.29778 |
| Price Hint | 2 |
| Price To Book | 9.392904 |
| Price To Sales Trailing12 Months | 13.911305 |
| Profit Margins | -0.050819997 |
| Quick Ratio | 6.316 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.33333 |
| Region | US |
| Regular Market Change | 2.654 |
| Regular Market Change Percent | 3.8561 |
| Regular Market Day High | 72.7 |
| Regular Market Day Low | 70.2 |
| Regular Market Day Range | 70.2 - 72.7 |
| Regular Market Open | 71.85 |
| Regular Market Previous Close | 68.826004 |
| Regular Market Price | 71.48 |
| Regular Market Time | 1,784,059,201 |
| Regular Market Volume | 855,478 |
| Return On Assets | -0.0233 |
| Return On Equity | -0.045890003 |
| Revenue Growth | 0.552 |
| Revenue Per Share | 5.657 |
| Sand P52 Week Change | 0.20365608 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 56,408,709 |
| Shares Percent Shares Out | 0.0515 |
| Shares Short | 2,907,263 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 2,256,507 |
| Short Name | nLIGHT, Inc. |
| Short Percent Of Float | 0.052800003 |
| Short Ratio | 2.23 |
| Source Interval | 15 |
| State | WA |
| Symbol | LASR |
| Target High Price | 100.0 |
| Target Low Price | 81.0 |
| Target Mean Price | 90.71429 |
| Target Median Price | 90.0 |
| Total Cash | 332,593,984 |
| Total Cash Per Share | 5.896 |
| Total Debt | 35,583,000 |
| Total Revenue | 289,843,008 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.3 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 52.212376 |
| Two Hundred Day Average Change | 19.267628 |
| Two Hundred Day Average Change Percent | 0.36902416 |
| Type Disp | Equity |
| Volume | 855,478 |
| Website | https://www.nlight.net |
| Zip | 98,607 |