nLIGHT, Inc. (NASDAQ:LASR) is one of the On May 8, 2026, Raymond James raised the firm’s price target on nLIGHT, Inc. (NASDAQ:LASR) to $100 from $75 and kept a Strong Buy rating on the shares.
The firm said Q1 results cleared a high bar and strengthened confidence in the conversion of defense programs, supported by improving visibility in munitions, growing international demand, and the higher-content HADES architecture
Raymond James added that it sees a credible path for nLIGHT to build a $500M-$1B defense franchise before 2030 with structurally higher margins. On the same day, Needham also raised the firm’s price target on nLIGHT, Inc. (NASDAQ:LASR) to $80 from $70 and kept a Buy rating on the shares. Photo from AAOI On May 7, 2026, nLIGHT, Inc. (NASDAQ:LASR) reported Q1 adjusted EPS of 20c, versus the consensus estimate of 8c.
Revenue totaled $80.2M, versus the consensus estimate of $72.14M. The company expects Q2 revenue of $75M to $81M, versus the consensus estimate of $71.03M. At the midpoint, guidance includes approximately $58M in Products revenue and about $20M in Advanced Development revenue. nLIGHT also expects overall gross margin between 29% and 33%, with Products gross margin projected at 37% to 41% and Advanced Development gross margin around 8%.