Cantor Fitzgerald Raises the PT on nLIGHT, Inc. (LASR), Keeps a Buy

3 days ago 4

​nLIGHT, Inc. (NASDAQ:LASR) is 1 of the Hottest Small Cap Stocks to Buy Now. On November 7, Cantor Fitzgerald expert Troy Jensen raised the firm’s terms people connected nLIGHT, Inc. (NASDAQ:LASR) from $33.50 to $40 and maintained an Overweight standing connected the stock. On the aforesaid day, Ruben Roy from Stifel Nicolaus besides reiterated a Buy standing connected the banal and raised the terms people from $26 to $40.

​The affirmative outlook is followed by the company’s fiscal Q3 2025 results announced connected November 6. During the quarter, the institution grew its gross by 18.91% year-over-year to $66.74 million, surpassing estimates by $2.85 million. Moreover, the EPS of $0.08 besides topped statement by $0.06. Management attributed gross maturation to a grounds aerospace and defence revenue, which contributed $46 cardinal to the full revenue, driven by a 70% maturation successful defence merchandise sales.

Is nLight Inc. (LASR) the Best Debt-Free IT Stock to Buy Under $10?

Is nLight Inc. (LASR) the Best Debt-Free IT Stock to Buy Under $10?

​nLIGHT, Inc. (NASDAQ:LASR) besides achieved a grounds merchandise gross borderline of 41%, up importantly from 28.8% a twelvemonth ago. The betterment was supported by a favorable lawsuit and merchandise mix, grounds gross from A&D markets, and an wide summation successful volume.

​Analyst Troy of Cantor Fitzgerald commented successful his probe enactment that helium sees continued spot for the company, driven by near-term merchandise maturation and a increasing pipeline of caller opportunities.

​nLIGHT, Inc. (NASDAQ:LASR) designs and manufactures high-power semiconductor and fibre lasers chiefly utilized successful aerospace, defense, industrial, and microfabrication sectors.

While we admit the imaginable of LASR arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.

Read Entire Article