Cantor Fitzgerald Analyst Lowers nLIGHT Forecast but Raises Rating

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LongbridgeAI
06-11 21:04
2 sources

Summary

Cantor Fitzgerald analysts predict that nLIGHT, Inc. (NASDAQ: LASR) will report earnings per share of ($0.79) for fiscal year 2026, while the current consensus expectation is ($1.10). The company recently reported quarterly earnings per share of ($0.04), exceeding expectations. nLIGHT’s revenue increased 16.2% year-over-year to $51.67 million. Analysts have upgraded their ratings, with an average target price of $15.70. Institutional investors own 83.88% of the stock, and CEO Scott H. Keeney recently sold shares worth $653,727 Market Beat. Craig Hallum upgraded nLIGHT’s rating from “Hold” to “Buy” and set a target price of $14.00 in a May 9 report. Market consensus gives nLIGHT a “Buy” rating with an average target price of $15.70 Market Beat.

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