nLIGHT Hits 52-Week High as Strong Earnings and Sector Growth Boost Confidence

Published 8 hours agoLASR

nLIGHT Hits 52-Week High as Strong Earnings and Sector Growth Boost Confidence

nLIGHT Inc. (NASDAQ: LASR) recently reached a 52-week high of $14.73, riding a wave of positive market sentiment. This milestone comes amid a broader rally, underscoring the company's resilient performance and strategic growth efforts.

In the first quarter of 2025, nLIGHT delivered a notable 16% increase in revenue, reaching $51.67 million and beating analyst forecasts of $47.34 million. The laser manufacturer reported an adjusted earnings per share (EPS) of -$0.04, significantly better than the expected -$0.19. Markets Chronicle Journal highlighted these strong results, which have contributed to the stock surge.

Aiding the positive momentum is the company's formidable growth in its aerospace and defense segment, which saw a 20% year-over-year increase, generating $110 million and comprising about 60% of the total sales. Meanwhile, financial analysts at Cantor Fitzgerald maintained an "Overweight" rating with a price target of $15.50, reflecting confidence in nLIGHT's strategic direction and market positioning.

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