$11.93
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nLight (NASDAQ:LASR) Stock, Analyst Ratings, Price Targets, Forecasts
nLight Inc has a consensus price target of $21.5 based on the ratings of 6 analysts. The high is $38 issued by Stifel on October 4, 2021. The low is $11 issued by Craig-Hallum on May 5, 2023. The 3 most-recent analyst ratings were released by Benchmark, Needham, and Benchmark on May 3, 2024, May 3, 2024, and November 28, 2023, respectively. With an average price target of $16.33 between Benchmark, Needham, and Benchmark, there's an implied 36.91% upside for nLight Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Benchmark
Needham
Craig-Hallum
Raymond James
Stifel
1calculated from analyst ratings
Analyst Ratings for nLight
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/03/2024 | Buy Now | 42.5% | Benchmark | Mark Miller | → $17 | Reiterates | Speculative Buy → Speculative Buy | Get Alert |
| 05/03/2024 | Buy Now | 25.73% | Needham | James Ricchiuti | $16 → $15 | Maintains | Buy | Get Alert |
| 11/28/2023 | Buy Now | 42.5% | Benchmark | Mark Miller | → $17 | Upgrade | Hold → Speculative Buy | Get Alert |
| 11/28/2023 | Buy Now | 34.12% | Needham | James Ricchiuti | $15 → $16 | Maintains | Buy | Get Alert |
| 08/04/2023 | Buy Now | 25.73% | Needham | James Ricchiuti | → $15 | Reiterates | Buy → Buy | Get Alert |
| 05/05/2023 | Buy Now | -7.8% | Craig-Hallum | Greg Palm | $10 → $11 | Maintains | Hold | Get Alert |
| 05/05/2023 | Buy Now | 25.73% | Needham | James Ricchiuti | $13 → $15 | Maintains | Buy | Get Alert |
| 02/24/2023 | Buy Now | 8.97% | Needham | James Ricchiuti | $14 → $13 | Maintains | Buy | Get Alert |
| 01/17/2023 | Buy Now | 17.35% | Needham | James Ricchiuti | $12 → $14 | Maintains | Buy | Get Alert |
| 11/07/2022 | Buy Now | 151.47% | Raymond James | Brian Gesuale | $40 → $30 | Maintains | Strong Buy | Get Alert |
| 11/04/2022 | Buy Now | 50.88% | Stifel | Ruben Roy | → $18 | Reinstates | → Buy | Get Alert |
| 11/04/2022 | Buy Now | 0.59% | Needham | James Ricchiuti | $16 → $12 | Maintains | Buy | Get Alert |
| 02/18/2022 | Buy Now | — | Craig-Hallum | Greg Palm | — | Downgrade | Buy → Hold | Get Alert |
| 02/18/2022 | Buy Now | 76.03% | Needham | James Ricchiuti | $35 → $21 | Maintains | Buy | Get Alert |
| 02/18/2022 | Buy Now | 235.29% | Raymond James | Brian Gesuale | $50 → $40 | Maintains | Strong Buy | Get Alert |
| 11/05/2021 | Buy Now | 193.38% | Needham | James Ricchiuti | — | Maintains | Buy | Get Alert |
| 10/04/2021 | Buy Now | 218.52% | Stifel | Patrick Ho | — | Reinstates | → Buy | Get Alert |
| 08/06/2021 | Buy Now | 201.76% | Needham | James Ricchiuti | — | Maintains | Buy | Get Alert |
FAQ
What is the target price for nLight (LASR) stock?
The latest price target for nLight (NASDAQ:LASR) was reported by Benchmark on May 3, 2024. The analyst firm set a price target for $17.00 expecting LASR to rise to within 12 months (a possible 42.50% upside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for nLight (LASR)?
The latest analyst rating for nLight (NASDAQ:LASR) was provided by Benchmark, and nLight reiterated their speculative buy rating.
When was the last upgrade for nLight (LASR)?
The last upgrade for nLight Inc happened on November 28, 2023 when Benchmark raised their price target to $17. Benchmark previously had a hold for nLight Inc.
When was the last downgrade for nLight (LASR)?
The last downgrade for nLight Inc happened on February 18, 2022 when Craig-Hallum changed their price target from N/A to N/A for nLight Inc.
When is the next analyst rating going to be posted or updated for nLight (LASR)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of nLight, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for nLight was filed on May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.
Is the Analyst Rating nLight (LASR) correct?
While ratings are subjective and will change, the latest nLight (LASR) rating was a reiterated with a price target of $17.00 to $17.00. The current price nLight (LASR) is trading at is $11.93, which is out of the analyst’s predicted range.
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