nLight (NASDAQ:LASR) Downgraded to Hold Rating by Wall Street Zen

Posted by Geri Gentry on Jul 19th, 2026

Wall Street Zen cut shares of nLight (NASDAQ:LASR – Free Report) from a buy rating to a hold rating in a report released on Saturday morning.

Several other brokerages have also commented on LASR. William Blair began coverage on nLight in a research report on Friday, March 27th. They set an “outperform” rating on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of nLight in a research report on Tuesday, April 21st. Craig Hallum upped their target price on nLight from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. UBS Group set a $90.00 target price on nLight in a research note on Friday, July 10th. Finally, Roth Capital reiterated a “buy” rating and set a $81.00 price target on shares of nLight in a research report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $80.94.

Read Our Latest Stock Report on nLight

nLight Stock Performance

NASDAQ LASR opened at $69.25 on Friday. nLight has a 52-week low of $18.51 and a 52-week high of $86.95. The company has a fifty day moving average of $70.29 and a 200-day moving average of $61.60. The company has a market capitalization of $3.91 billion, a P/E ratio of -230.83 and a beta of 2.30.

nLight (NASDAQ:LASR – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.12. nLight had a negative return on equity of 4.18% and a negative net margin of 5.08%.The business had revenue of $80.18 million for the quarter, compared to analysts’ expectations of $72.14 million. During the same quarter in the prior year, the firm earned ($0.04) earnings per share. The firm’s revenue was up 55.2% on a year-over-year basis. As a group, analysts forecast that nLight will post -0.17 EPS for the current fiscal year.

Insider Transactions at nLight

In related news, CFO Joseph John Corso sold 35,476 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $70.40, for a total transaction of $2,497,510.40. Following the completion of the sale, the chief financial officer directly owned 177,572 shares in the company, valued at $12,501,068.80. This represents a 16.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Scott H. Keeney sold 46,735 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $68.48, for a total value of $3,200,412.80. Following the sale, the chief executive officer owned 2,375,519 shares of the company’s stock, valued at $162,675,541.12. This represents a 1.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 391,038 shares of company stock worth $28,367,419 over the last ninety days. Insiders own 3.10% of the company’s stock.

Institutional Trading of nLight

Several hedge funds and other institutional investors have recently bought and sold shares of LASR. Tema ETFs LLC boosted its stake in shares of nLight by 84,128.8% during the second quarter. Tema ETFs LLC now owns 394,191 shares of the company’s stock valued at $27,444,000 after purchasing an additional 393,723 shares during the period. Handelsbanken Fonder AB purchased a new position in shares of nLight in the second quarter worth $1,100,000. Assenagon Asset Management S.A. increased its stake in shares of nLight by 263.9% in the second quarter. Assenagon Asset Management S.A. now owns 50,096 shares of the company’s stock worth $3,488,000 after buying an additional 36,329 shares during the period. Moody National Bank Trust Division raised its holdings in nLight by 22.3% during the 2nd quarter. Moody National Bank Trust Division now owns 19,457 shares of the company’s stock valued at $1,355,000 after buying an additional 3,550 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in nLight by 17.3% during the 1st quarter. NewEdge Advisors LLC now owns 7,039 shares of the company’s stock valued at $401,000 after buying an additional 1,036 shares during the last quarter. Institutional investors own 83.88% of the company’s stock.

About nLight

(Get Free Report)

nLIGHT, Inc designs, develops, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The company operates in two segments, Laser Products and Advanced Development. It offers semiconductor lasers with various ranges of power levels, wavelengths, and output fiber sizes; and programmable and serviceable fiber lasers for use in industrial and aerospace and defense applications. The company also provides laser sensors, including light detection and ranging technologies for intelligence, surveillance, and reconnaissance applications; and fiber amplifiers, beam combination, and control systems for use in high-energy laser systems in directed energy applications.