LASR stock rose 251% over 52 weeks as defense revenue jumped to 70% of sales, driven by U.S. directed energy priorities.
NLIGHT (NASDAQ:LASR) closed at $64.55 on June 17, 2026, with a market capitalization of $3.74 billion. The company’s shares gained 251.39% over the past year, despite a one-month return of -15.54%.
Defense revenue now accounts for 70% of NLIGHT’s sales, up from 18% in FY2018. The shift follows U.S. Department of War prioritization of directed energy and optical sensing, where NLIGHT holds over 450 patents and operates a U.S.-based semiconductor fabrication facility.
Prosper Stars & Stripes cited NLIGHT as the second-largest contributor in its long book for Q1 2026, highlighting its role as a key supplier for mission-critical laser applications.