Stocktoria
NLIGHT, INC. LASR
NLIGHT, INC. (LASR) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the grey zone. It does not currently pay a dividend. FY2025 revenue was $261.3M at a -9.0% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.16 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-05-21 | Stifel | Buy (main) |
| 2026-05-08 | Needham | Buy (main) |
| 2026-04-20 | Stifel | Buy (reit) |
| 2026-03-27 | William Blair | Outperform (init) |
| 2026-03-04 | Baird | Outperform (init) |
| 2026-02-27 | Cantor Fitzgerald | Overweight (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.568 |
| Retained earnings / assets | -1.106 |
| EBIT / assets | -0.084 |
| Equity / liabilities | 2.563 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| LASR | NLIGHT, INC. | 5/9 | 2.25 | — | +31.6% |
| INDI | indie Semiconductor, Inc. | 2/9 | -1.19 | — | +0.3% |
| SITM | SITIME Corp | 6/9 | 12.23 | — | +61.2% |
| NLST | NETLIST INC | 5/9 | — | — | +28.2% |
| MX | MAGNACHIP SEMICONDUCTOR Corp | 3/9 | 6.32 | — | -8.9% |
| AMBA | AMBARELLA INC | 4/9 | 2.94 | — | +37.2% |
| FTCI | FTC Solar, Inc. | 4/9 | -13.15 | — | +110.5% |
About NLIGHT, INC.
nLIGHT, Inc. engages in the design, development, manufacture, and sale of semiconductor and fiber lasers for aerospace and defense, industrial, and microfabrication applications. It operates through two segments, Laser Products and Advanced Development. The company offers semiconductor lasers with various ranges of power levels, wavelengths, and output fiber sizes; and programmable and serviceable fiber lasers for use in aerospace and defense and industrial applications. It also provides fiber amplifiers, beam combination, and control systems for use in high-energy laser systems in directed energy applications. The company sells its products through direct sales force in the United States, China, South Korea, and European countries, as well as through independent sales representatives and distributors in Asia, Australia, Europe, the Middle East, and South America. The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc. in January 2016. nLIGHT, Inc. was incorporated in 2000 and is headquartered in Camas, Washington.
FAQ
Is LASR financially healthy?
NLIGHT, INC.'s Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does LASR pay a dividend?
No, NLIGHT, INC. does not currently pay a dividend.
How profitable is LASR?
In FY2025, NLIGHT, INC. had a net margin of -9.0% and a return on equity of -10.3%.
What is the analyst price target for LASR?
The average Wall-Street price target for NLIGHT, INC. is $86.43, about 62.9% above the recent price, from 7 analysts (consensus: strong buy).
Is LASR a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on NLIGHT, INC.: a Piotroski F-score of 5/9, an Altman Z″ in the grey zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.