Analysts Turn Bullish on nLIGHT After $627M Defense Deal

Benzinga07-10

nLIGHT, Inc. (NASDAQ:LASR) shares are trading lower on Friday as traders fade risk in high-beta tech names even as the broader tape stays mixed. The Nasdaq is down 0.12% while the S&P 500 has gained ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2650132823?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/cdn-cgi/image/width=260,format=auto,quality=85/files/images/story/2026/07/10/Close-Up-Of-Laser-Beam-Isolated-On-Black.jpg","is_english":true,"pubTime":"2026-07-10 23:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2650132823","market":"us","top_or_hot":-1,"title":"Analysts Turn Bullish on nLIGHT After $627M Defense Deal","media":"Benzinga","content":"<div>\n<p>nLIGHT, Inc. (NASDAQ:LASR) shares are trading lower on Friday as traders fade risk in high-beta tech names even as the broader tape stays mixed. \nThe Nasdaq is down 0.12% while the S&P 500 has gained ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/07/60391260/analysts-turn-bullish-on-nlight-after-627m-defense-deal\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Analysts Turn Bullish on nLIGHT After $627M Defense Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnalysts Turn Bullish on nLIGHT After $627M Defense Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-10 23:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/07/60391260/analysts-turn-bullish-on-nlight-after-627m-defense-deal><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>nLIGHT, Inc. (NASDAQ:LASR) shares are trading lower on Friday as traders fade risk in high-beta tech names even as the broader tape stays mixed. \nThe Nasdaq is down 0.12% while the S&P 500 has gained ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/07/60391260/analysts-turn-bullish-on-nlight-after-627m-defense-deal\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4602","symbol_name":"量子计算概念","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/07/60391260/analysts-turn-bullish-on-nlight-after-627m-defense-deal","article_id":"2650132823","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=260,format=auto,quality=85/files/images/story/2026/07/10/Close-Up-Of-Laser-Beam-Isolated-On-Black.jpg"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/analyst-stock-ratings/analyst-color/26/07/60391260/analysts-turn-bullish-on-nlight-after-627m-defense-deal","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2650132823","pubTimestamp":1783698540,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Needham raised nLIGHT's price target to $90 after the company secured a JLWS contract worth up to $627 million with future development and production opportunities.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4602":"量子计算概念","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","LASR":"nLIGHT","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","BK4157":"电子设备和仪器","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC"},"translate_title":"6.27 亿美元国防交易后分析师看好 nLIGHT","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LASR":1.98},"content_text":"nLIGHT, Inc. (NASDAQ:LASR) shares are trading lower on Friday as traders fade risk in high-beta tech names even as the broader tape stays mixed. \nThe Nasdaq is down 0.12% while the S&P 500 has gained 0.14%, and Technology is slipping 0.41%—setting up LASR as a clear underperformer versus both its sector and the index.\nLast week, nLIGHT won a Joint Laser Weapon System (JLWS) OTA agreement with an initial award value of $44 million and a total program ceiling of up to $627 million, inclusive of follow-on development, integration and potential production options.\nUnder the agreement, nLIGHT will design, integrate and deliver multiple high‑energy laser weapon systems and other directed‑energy capabilities. The company is building on earlier work, including a 300‑kilowatt system delivered through the High Energy Laser Scaling Initiative and a 50‑kilowatt system supplied under the Army’s Directed Energy Maneuver‑Short Range Air Defense program.\nA couple of analysts raised the price forecast for the company following the contract win.\nNeedham analyst James Ricchiuti expects part of the initial $44 million award to be recognized in the second half of 2026 as the company begins delivering 150kW prototypes. \nThe analyst expects additional contract awards for higher-powered 300kW-500kW systems are anticipated in 2027. \nThe development strengthens the company’s growth outlook for 2027 and 2028, supported by its leadership in directed energy technology, adds the analyst. \nRicchiuti maintained second quarter estimates of $78 million in revenue, within the company’s guidance of $75 million-$81 million, and adjusted EBITDA of $11.7 million, near the upper end of the $8 million-$12 million guidance range. \nThe analyst also reaffirmed 2026 forecasts of $303.7 million in revenue and $43.9 million in adjusted EBITDA. \nFor 2027, estimates remain at $336.5 million in revenue and $49.8 million in adjusted EBITDA, with potential upside if additional awards are secured under the latest JWLS contract, adds the analyst.\nThe longer-term trend still leans bullish: LASR is trading 37.1% above its 200-day SMA ($52.02) and 6% above its 100-day SMA ($67.27), which typically signals buyers have defended the bigger uptrend. The near-term picture is choppier, though, with the 20-day SMA ($65.91) sitting below the 50-day SMA ($70.35), a bearish crossover that often shows momentum cooling after a strong run.\nRSI at 54.73 is neutral, which in plain English suggests the stock isn’t \"stretched\" enough to scream overbought or oversold right now—it’s more of a digestion phase than a panic move. From a structure standpoint, the stock’s recent swing high in May and swing low in July frame the current action as a pullback within a still-elevated range.\nnLight Inc is a U.S.-based provider of power semiconductor and fiber lasers used across aerospace and defense, industrial, and microfabrication markets. It designs and manufactures laser products that are typically integrated into larger laser systems, which makes its demand profile closely tied to customer build cycles and program funding.\nThe company operates in two segments: Laser Products (the main revenue driver, including directed energy products) and Advanced Development (R&D contract revenue). Geographically, North America is the largest contributor, with additional exposure to Asia Pacific and EMEA—so both defense/industrial spending and global manufacturing conditions can matter for the longer-term setup.\nLooking further out, the next major catalyst for the stock arrives with the August 6, 2026 (estimated) earnings report.\nSignificance: Because LASR carries meaningful weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.\nLASR Stock Price Activity: nLight shares were down 5.38% at $70.69 at the time of publication on Friday, according to Benzinga Pro data.\nPhoto via Shutterstock \nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2650132823","isCrawlerRequest":true}