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Added to YB: 2025-12-04

Pitch date: 2025-12-03

LASR [bullish]

nLIGHT, Inc.

Author Info

No bio for this author

Company Info

nLIGHT, Inc. designs, develops, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications.

Market Cap

$1.7B

Pitch Price

N/A

Price Target

50.00 (+47%)

Dividend

N/A

EV/EBITDA

-73.90

P/E

-37.50

EV/Sales

7.01

Sector

Electronic Equipment, Instruments and Components

Category

growth

Show full summary:
nLight $LASR is a picks & shovels defense play specializing in (you guessed it) lasers.

LASR: Defense laser specialist pivoted from low-margin industrial welding to high-margin weapons systems. Q3 first profitable EBITDA at $7.1M. $400M backlog, counter-drone secular tailwinds. Vertically integrated GaAs to beam. Debt-free $100M cash, founder CEO owns $30M stock. Target $50 by 2028 assuming 40% A&D growth, 20-25% EBITDA margins, 20x terminal multiple.

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