nLIGHT stock
LASRNASDAQnLIGHT, Inc., TechnologyISIN US65487K1007
36Score 36 out of 100, Weak
Price and trend
51 / 100
Price history
+28% in one yearThe chart shows daily closes over 9 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 23% below it.
Since September 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 64).
The price is 48% below its 52-week high. Largest decline in 9 years: 86% (February 2021 to April 2025).
Chart figures for advanced users
- SMA 50$38.60
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$57.44
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)64
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$28.60
- The lowest closing price of the last twelve months.
- Resistance$84.95
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- nLIGHT, Inc. belongs to the Semiconductors industry (United States) and, with a market value of $2.57B, is number 155 of 185 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $261.33M (up 31.6% year on year) and a loss of $23.47M.
- For fiscal 2026, analysts expect on average revenue of $305.88M (up 17%) and adjusted earnings per share of $0.50 (up 107.4%).
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- MEQIRI Score 36 out of 100 (Weak): rank 787 of 857 in Technology, median 61.
- Our model puts fair value at $14.81, with the price 200% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- More cash than debtCash $314.2M, financial debt $19.25M.Stability 54
- Analysts expect strong earnings growthUp 25.9% a year through 2028 (estimates from 6 analysts).Growth 53
Weaknesses
- Above fair valuePrice 200% above the fair value of $14.81.Valuation 18
- DilutionShare count up 33% since 2020.Capital allocation 18
- Loss-makingLoss of $12.78M over the last 12 months.Fundamentals 17
The score is held back by capital allocation and fundamentals.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- weak fundamentals
- high price swings
- price far below its 52-week high
Valuation
Valuation signal
Significantly overvaluedIn our model the price counts as cheap below $9.87 and expensive above $29.61 (uncertainty very high, based on the price swings of the past year).
Calculated with a cost of equity of 11.7%. At 12.7% the fair value would be $12.95, at 10.7% it would be $17.20.
Valuation metrics
From the cash-flow model alone; without earnings there is no industry value.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 39.6% on the twelve months before. Revenue has grown solidly since 2016, at about 11% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 30%, operating −10%, net −9%.
Debt & balance sheet
latest quarterDebt is low, but interest coverage is weak. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 25 Feb 2027in 105 days
- Last reported
- 5 Nov 2026EPS reported $0.16 (expected $0.05)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $0.500.0%
- Revenue
- $305.88M0.0%
- Earnings per share
- $0.640.0%
- Revenue
- $348.44M0.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook lowered
Share price after the results: −25.4%Third-quarter revenue guidance of $63 million to $73 million excludes about $17 million of product revenue now shipping in future quarters, and product gross margin falls sequentially.
“Please note that our revenue guidance for the third quarter excludes approximately $17 million of product revenue that we would have expected to ship in the third quarter but is now expected to be delivered in future quarters.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 6 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 5 insiders sold, $58.63M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Moore GeoffreySale
15 Oct 2026, Board
- Shares
- 4,452
- Price
- $34.57
- Value
- $153,906
- Moore GeoffreySale
15 Sept 2026, Board
- Shares
- 4,452
- Price
- $38.45
- Value
- $171,179
- Keeney Scott HSale
9 Sept 2026, President and CEO
- Shares
- 100,000
- Price
- $41.01
- Value
- $4.1M
Show 28 more
- Keeney Scott HSale
8 Sept 2026, President and CEO
- Shares
- 115,252
- Price
- $41.32
- Value
- $4.76M
- Corso Joseph JohnSale
4 Sept 2026, Chief Financial Officer
- Shares
- 3,524
- Price
- $41.49
- Value
- $146,211
- Corso Joseph JohnSale
3 Sept 2026, Chief Financial Officer
- Shares
- 4,191
- Price
- $40.69
- Value
- $170,532
- Keeney Scott HSale
3 Sept 2026, President and CEO
- Shares
- 9,753
- Price
- $40.69
- Value
- $396,850
- Nias JamesSale
3 Sept 2026, Chief Accounting Officer
- Shares
- 1,025
- Price
- $40.69
- Value
- $41,707
- Gossman WilliamSale
28 Aug 2026, Board
- Shares
- 15,000
- Price
- $44.36
- Value
- $665,400
- Keeney Scott HSale
24 Aug 2026, President and CEO
- Shares
- 181,750
- Price
- $44.15
- Value
- $8.02M
- Keeney Scott HSale
21 Aug 2026, President and CEO
- Shares
- 181,750
- Price
- $46.88
- Value
- $8.52M
- Keeney Scott HSale
4 Jun 2026, President and CEO
- Shares
- 16,089
- Price
- $74.60
- Value
- $1.2M
- Corso Joseph JohnSale
4 Jun 2026, Chief Financial Officer
- Shares
- 3,817
- Price
- $72.90
- Value
- $278,259
- Keeney Scott HSale
3 Jun 2026, President and CEO
- Shares
- 8,901
- Price
- $77.99
- Value
- $694,189
- Nias JamesSale
3 Jun 2026, Chief Accounting Officer
- Shares
- 940
- Price
- $77.99
- Value
- $73,311
- Corso Joseph JohnSale
3 Jun 2026, Chief Financial Officer
- Shares
- 3,840
- Price
- $77.99
- Value
- $299,482
- Keeney Scott HSale
29 May 2026, President and CEO
- Shares
- 41,371
- Price
- $73.36
- Value
- $3.03M
- Keeney Scott HSale
28 May 2026, President and CEO
- Shares
- 41,373
- Price
- $78.64
- Value
- $3.25M
- Keeney Scott HSale
21 May 2026, President and CEO
- Shares
- 41,373
- Price
- $75.19
- Value
- $3.11M
- Corso Joseph JohnSale
20 May 2026, Chief Financial Officer
- Shares
- 35,476
- Price
- $70.40
- Value
- $2.5M
- Nias JamesSale
20 May 2026, Chief Accounting Officer
- Shares
- 415
- Price
- $71.09
- Value
- $29,502
- Keeney Scott HSale
20 May 2026, President and CEO
- Shares
- 41,373
- Price
- $70.40
- Value
- $2.91M
- Corso Joseph JohnSale
19 May 2026, Chief Financial Officer
- Shares
- 20,243
- Price
- $68.48
- Value
- $1.39M
- Nias JamesSale
19 May 2026, Chief Accounting Officer
- Shares
- 1,618
- Price
- $68.48
- Value
- $110,801
- Keeney Scott HSale
19 May 2026, President and CEO
- Shares
- 46,735
- Price
- $68.48
- Value
- $3.2M
- Corso Joseph JohnSale
18 May 2026, Chief Financial Officer
- Shares
- 19,575
- Price
- $70.82
- Value
- $1.39M
- Nias JamesSale
18 May 2026, Chief Accounting Officer
- Shares
- 1,565
- Price
- $70.82
- Value
- $110,833
- Keeney Scott HSale
18 May 2026, President and CEO
- Shares
- 45,191
- Price
- $70.82
- Value
- $3.2M
- Corso Joseph JohnSale
15 May 2026, Chief Financial Officer
- Shares
- 18,445
- Price
- $75.16
- Value
- $1.39M
- Nias JamesSale
15 May 2026, Chief Accounting Officer
- Shares
- 1,487
- Price
- $75.16
- Value
- $111,763
- Keeney Scott HSale
15 May 2026, President and CEO
- Shares
- 42,584
- Price
- $75.16
- Value
- $3.2M
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at nLIGHT
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
857 rated companies in Technology
- This company
- 36
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Semiconductors
The next larger and next smaller companies by market value
- AmbarellaAMBA $2.76B38
- Penguin SolutionsPENG $2.74B58
- Navitas SemiconductorNVTS $2.71B33
- Power IntegrationsPOWI $2.6B57
- Veeco InstrumentsVECO $2.5B46
- MelexisMELE.BR $2.48B70
- SiltronicWAF.DE $2.42B35
- Ultra Clean HoldingsUCTT $2.38B38
ETFs that hold nLIGHT
Held by 11 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| VanEck Defense UCITS ETFDFEN | 0.43% | 0.55% | €5.85B |
| L&G Russell 2000 US Small Cap Quality UCITS ETFETLZ | 0.10% | 0.30% | €185.82M |
| State Street SPDR Russell 2000 U.S. Small Cap UCITS ETF (Acc)ZPRR | 0.08% | 0.30% | €4.22B |
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| Xtrackers Russell 2000 UCITS ETF 1CXRS2 | 0.08% | 0.30% | €2.17B |
| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.02% | 0.43% | €2.48B |
| State Street SPDR MSCI World Small Cap UCITS ETF (Acc)ZPRS | 0.02% | 0.45% | €1.53B |
| iShares MSCI World Small Cap CTB Enhanced ESG UCITS ETFCBUG | 0.02% | 0.35% | €434.1M |
| UBS MSCI USA Select Factor Mix UCITS ETF USD accUSUE | 0.01% | 0.25% | €175.89M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 31 May 2019)
- Valuation signal Overvalued since 7 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.