nLIGHT (LASR) Down More than 21% Over the Past Month, Should You Still Buy?

3 days ago 3

Talha Qureshi

Mon, June 29, 2026 astatine 2:53 AM CDT 2 min read

nLIGHT, Inc. (NASDAQ:LASR) is 1 of the High Growth Semiconductor Stocks to Buy Now. nLIGHT, Inc. (NASDAQ:LASR) has declined much than 21% implicit the past period contempt beardown fiscal Q1 2026 net connected May 8. Despite the decline, Wall Street continues to expect much than 31% upside from the existent level, and 89% of the 9 analysts covering the banal support a bargain rating.

​During fiscal Q1 2026, the institution reported $80.18 cardinal successful revenue, up of the expected $72.14 million. The EPS of $0.2 besides topped the expectations of $0.08. Much of the maturation was driven by grounds aerospace and defence merchandise gross of $33.1 million, which grew 98% year-over-year. The conception besides helped amended the wide gross margins to 33.1%, up of 26.7% past year.

​For fiscal Q2, the institution projects gross betwixt $75 cardinal and $81 million. Earlier connected May 25, William Blair expert Louie DiPalma had reiterated a Buy standing connected the stock. The expert noted that the institution is strengthening its presumption with defence technologies, and this has go progressively important owed to the US government's subject priorities. The expert sees nLIGHT, Inc. (NASDAQ:LASR) arsenic a supplier of directed vigor laser weapons and noted that the Department of Defense is actively accelerating concern successful these systems arsenic a cost-efficient solution for countering drones and cruise missiles.

nLight, Inc. (NASDAQ:LASR) is simply a starring supplier of high-power semiconductor and fibre lasers.

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:  10 Good Stocks to Invest successful Now and 10 Most Undervalued US Stocks According to Hedge Funds.

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