Bank of America buys nLIGHT stake as nLIGHT stock sits 53.33 percent below its high

Published on 10/05/2026 at 08:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank of America bought 128,379 nLIGHT shares in the second quarter. For nLIGHT stock, revenue reached USD 82.59 million, up 33.80 percent year over year.

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Bank of America acquired 128,379 nLIGHT shares during the second quarter, MarketBeat reported on September 27, 2026. nLIGHT stock was last at USD 40.58 on Nasdaq on October 2, 2026, placing it 53.33 percent below its 52-week high of USD 86.95.

Institutional ownership rises

The filing report said Bank of America bought 128,379 shares worth USD 8.94 million and held a 0.22 percent stake at the end of the second quarter. Institutional investors owned 83.88 percent of nLIGHT, giving fund flows a meaningful role in the shareholder base.

The transaction came while nLIGHT's market value stood at USD 2.3 billion on October 2, 2026. Its 52-week range was USD 28.05 to USD 86.95, leaving the stock closer to its yearly low than its yearly high.

Revenue beats expectations

MarketBeat reported that nLIGHT generated USD 82.59 million in revenue in the second quarter of 2026, up 33.80 percent from the same quarter a year earlier. Revenue also exceeded the USD 78.58 million analyst estimate by USD 4.01 million.

Adjusted earnings reached USD 0.15 per share in the second quarter of 2026, above the USD 0.14 consensus estimate. The comparison shows that operating growth remained visible even as the share price stayed well below its yearly high.

Supply chain risk remains central

Third-quarter execution is the counterweight to that growth. Investing.com reported that nLIGHT guided for third-quarter revenue of USD 63 million to USD 73 million and expected supply chain disruption to defer USD 17 million in product revenue.

That range sits below second-quarter revenue of USD 82.59 million, so the next reported period will test whether the delay is temporary or affects the company’s growth profile. nLIGHT develops semiconductor and fiber lasers for industrial, microfabrication, aerospace and defense applications.

Nasdaq valuation snapshot

nLIGHT was last at USD 40.58 on Nasdaq on October 2, 2026, with a market capitalization of USD 2.3 billion and a 52-week range of USD 28.05 to USD 86.95. The company’s latest investor-relations materials identify defense systems and advanced manufacturing as core applications for its laser technology.