Raymond James Raises the Firm’s Price Target on nLIGHT (LASR)

On May 8, 2026, Raymond James raised the firm’s terms people connected nLIGHT, Inc. (NASDAQ:LASR) to $100 from $75 and kept a Strong Buy standing connected the shares. The steadfast said Q1 results cleared a precocious barroom and strengthened assurance successful the conversion of defence programs, supported by improving visibility successful munitions, increasing planetary demand, and the higher-content HADES architecture. Raymond James added that it sees a credible way for nLIGHT to physique a $500M-$1B defence franchise earlier 2030 with structurally higher margins.

On the aforesaid day, Needham besides raised the firm’s terms people connected nLIGHT, Inc. (NASDAQ:LASR) to $80 from $70 and kept a Buy standing connected the shares.

Photo from AAOI

On May 7, 2026, nLIGHT, Inc. (NASDAQ:LASR) reported Q1 adjusted EPS of 20c, versus the statement estimation of 8c. Revenue totaled $80.2M, versus the statement estimation of $72.14M. The institution expects Q2 gross of $75M to $81M, versus the statement estimation of $71.03M. At the midpoint, guidance includes astir $58M successful Products gross and astir $20M successful Advanced Development revenue. nLIGHT besides expects wide gross borderline betwixt 29% and 33%, with Products gross borderline projected astatine 37% to 41% and Advanced Development gross borderline astir 8%. Adjusted EBITDA is expected to scope from $8M to $12M.

nLIGHT, Inc. (NASDAQ:LASR) designs and manufactures semiconductor and fibre lasers for aerospace and defense, industrial, and microfabrication applications.

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