Analyst Price Target is $16.00
▲ +21.40% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for nLIGHT in the last 3 months. The average price target is $16.00, with a high forecast of $17.00 and a low forecast of $15.00. The average price target represents a 21.40% upside from the last price of $13.18.
Current Consensus is
Moderate Buy
The current consensus among 3 polled investment analysts is to moderate buy stock in nLIGHT. This Moderate Buy consensus rating has held steady for over two years.
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. It sells its products through direct sales force in the United States, China, South Korea, and European countries, as well as through independent sales representatives and distributors in Asia, Australia, Europe, the Middle East, and South America. The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc. in January 2016. nLIGHT, Inc. was incorporated in 2000 and is headquartered in Camas, Washington.
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