Analyst Price Target is $46.25
▲ +66.19% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for nLIGHT in the last 3 months. The average price target is $46.25, with a high forecast of $53.00 and a low forecast of $36.00. The average price target represents a 66.19% upside from the last price of $27.83.
Current Consensus is
The current consensus among 5 polled investment analysts is to buy stock in nLIGHT. This Buy consensus rating has held steady for over two years.
nLIGHT, Inc. develops and manufactures semiconductor and fiber lasers components. Its products include semiconductor lasers, fiber lasers and optical fibers. It operates through the following segments: Laser Products and Advanced Development. The Laser Products segment includes products such as fiber lasers, diodes, complete laser systems and components. The Advanced Development segment includes the operating results of Nutronics since the date of acquisition. The company was founded by Scott H. Keeney, Mark DeVito and Jason Farmer in 2000 and is headquartered in Camas, WA.