Roth Capital has initiated coverage on nLIGHT Inc (LASR) with a Buy rating, marking its first assessment of the company's investment potential. The firm based its evaluation on comprehensive research into nLIGHT's business, industry dynamics, and growth prospects.
Headquartered in Camas, Washington, nLIGHT specializes in semiconductor and fiber lasers, serving sectors such as aerospace, defense, and industrial applications. The company operates through two segments: Laser Products, which includes high-power semiconductor lasers and fiber lasers, and Advanced Development, focused on next-generation laser technologies for defense.
As of now, nLIGHT's market capitalization stands at $1.7 billion, with a trailing twelve-month earnings per share (EPS) of -0.97. Looking ahead, the company is set to report its next earnings on August 5, 2026, with estimates of $0.07 EPS and $71.9 million in revenue.
Analyst ratings like this one provide valuable insights but should be considered alongside company fundamentals and market conditions. The consensus rating for nLIGHT is currently categorized as Buy, with 4 Strong Buy, 7 Buy, and 2 Hold ratings among 13 analysts.
The announcement highlights Roth Capital's confidence in nLIGHT's growth trajectory, which may resonate with investors looking for opportunities in the electrical equipment sector.