nLIGHT stock hits 52-week high at $14.73 amid market rally

In a notable surge, nLIGHT Inc (NASDAQ:LASR) stock achieved a 52-week high, reaching $14.73, signaling a robust performance in the face of a dynamic market environment. The company, with a market capitalization of $724 million, has shown remarkable momentum with a 12% gain in the past week alone. According to InvestingPro analysis, the stock’s RSI indicates overbought territory, suggesting investors should monitor technical indicators carefully. This peak comes as a significant milestone for the company, reflecting investor confidence and a positive outlook on nLIGHT’s market position. Over the past year, the company has witnessed a commendable 1-year change, with an increase of 11.08% in its stock value. This uptrend underscores the company’s resilience and adaptability, as it continues to navigate through the challenges and opportunities presented by the evolving economic landscape. Analyst targets range from $12 to $20, with InvestingPro offering 12 additional exclusive insights about LASR’s valuation and growth prospects in their comprehensive Pro Research Report.

In other recent news, nLIGHT Inc. reported its Q1 2025 earnings, which slightly exceeded expectations. The company posted an earnings per share (EPS) of -$0.16, beating the forecast of -$0.17, and achieved a revenue of $51.7 million, surpassing the anticipated $47.71 million. This growth was primarily driven by a strong performance in the aerospace and defense segment, which saw a 50.4% year-over-year increase. The defense sector now accounts for 63% of nLIGHT’s total sales. Raymond (NSE:RYMD) James analyst Brian Gesuale maintained a strong buy rating on nLIGHT, with a price target of $20, citing robust growth in the defense segment and positive global demand for directed energy products. Gesuale emphasized the strategic shift towards defense as a key factor in improving margins and potentially enhancing valuation multiples. nLIGHT also provided guidance for Q2 2025, expecting revenue between $53 million and $59 million, with continued momentum in aerospace and defense. The company highlighted challenges in the commercial market, anticipating ongoing weakness throughout the year.

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