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 Needham, Benchmark, and Benchmark on August 5, 2024, August 2, 2024, and May 3, 2024, respectively. With an average price target of $16.33 between Needham, Benchmark, and Benchmark, there's an implied 53.22% upside for nLight Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for nLight (NASDAQ:LASR) was reported by Needham on August 5, 2024. The analyst firm set a price target for $15.00 expecting LASR to rise to within 12 months (a possible 40.71% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for nLight (NASDAQ:LASR) was provided by Needham, and nLight reiterated their buy rating.
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.
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.
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 August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.
While ratings are subjective and will change, the latest nLight (LASR) rating was a reiterated with a price target of $15.00 to $15.00. The current price nLight (LASR) is trading at is $10.66, which is out of the analyst’s predicted range.
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