nLIGHT stock touches 52-week high at $16.22 amid growth

In a notable surge, nLIGHT Inc (NASDAQ:LASR) stock has reached a 52-week high, trading at $16.22. With a market capitalization of $798 million and a beta of 2.27, this peak reflects a significant uptrend for the company, which specializes in high-performance laser solutions. According to InvestingPro analysis, technical indicators suggest the stock is currently in overbought territory. Over the past year, nLIGHT has seen an impressive performance, with a remarkable 48.62% year-to-date return and analyst price targets ranging from $12 to $20. The company’s growth trajectory and technological advancements have contributed to this bullish trend, marking a period of prosperity for nLIGHT shareholders. Get deeper insights into nLIGHT’s technical indicators and more with InvestingPro, which offers 12 additional investment tips for this stock.

In other recent news, nLIGHT Inc. reported its Q1 2025 financial results, showing a slight improvement in its earnings per share (EPS), which came in at -$0.16 compared to the forecast of -$0.17. The company’s revenue reached $51.7 million, exceeding the expected $47.71 million. This growth was primarily driven by a strong performance in the aerospace and defense sector, which saw a 50.4% year-over-year increase. Defense revenues now account for 63% of nLIGHT’s total sales, highlighting the company’s strategic focus on this sector. Raymond (NSE:RYMD) James maintained a strong buy rating on nLIGHT, with a price target of $20, following the company’s robust performance and positive indicators for global demand in directed energy products. The firm’s analyst highlighted nLIGHT’s significant growth in the defense segment and its strategic shift towards defense applications. nLIGHT’s ongoing challenges in the commercial market were also noted, with a 16.8% decline in revenue year-over-year in this segment. Looking ahead, nLIGHT expects its aerospace and defense revenue to grow by at least 25% in 2025, with Q2 revenue guidance set between $53 million and $59 million.

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