Northcoast upgrades nLIGHT stock to Buy at USD 75 target

Published on 10/14/2026 at 04:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Northcoast set a USD 75.00 target for nLIGHT stock on October 7, 2026. Q2 revenue rose 33.80 percent to USD 82.59 million.

Analyst target anchors the setup

Northcoast upgraded nLIGHT from Neutral to Buy and set a USD 75.00 target on October 7, 2026.
Second-quarter revenue reached USD 82.59 million, up 33.80 percent year over year.
nLIGHT will report third-quarter 2026 results on November 5, 2026.

LASR, US65487K1007, Illustration mit AI erstellt.

Northcoast Research upgraded nLIGHT stock from Neutral to Buy and set a USD 75.00 price target on October 7, 2026, according to Yahoo Finance. The rating change followed second-quarter revenue of USD 82.59 million, up 33.80 percent year over year, while third-quarter guidance was set below the prior demand profile.

Three milestones shape the story

On July 9, 2026, nLIGHT received a Joint Laser Weapon System contract with a ceiling of USD 627.00 million, as Yahoo Finance reported. The contract gives the defense business a multi-year opportunity, but its ceiling is not the same as near-term booked revenue.

On August 6, 2026, nLIGHT reported second-quarter revenue of USD 82.59 million against a USD 78.58 million consensus estimate, according to MarketBeat. Adjusted earnings per share were USD 0.15 versus USD 0.14 expected, and the revenue comparison supplied a stronger operating backdrop for the later rating action.

On October 12, 2026, nLIGHT announced that it would publish third-quarter results on November 5, 2026, after the market close, according to Yahoo Finance. The webcast is scheduled for 5:00 p.m. Eastern Time, giving investors a defined checkpoint for the USD 63.00-73.00 third-quarter revenue outlook.

What does the guidance imply?

The third-quarter revenue range of USD 63.00-73.00 compares with USD 82.59 million in the second quarter, a sequential decline of USD 9.59 million at the midpoint and USD 19.59 million at the low end. Management attributed the pressure to delayed parts and materials from Chinese suppliers, with the shortfall concentrated in commercial products.

The comparison matters because the second-quarter aerospace and defense business generated USD 57.30 million, up 41.00 percent year over year, while commercial revenue reached USD 25.30 million, up 20.00 percent. The supply issue therefore meets a business mix that still showed double-digit growth in both reported areas.

Market value and reporting date

nLIGHT had a market capitalization of USD 2.2 billion as of October 13, 2026. The company develops semiconductor and fiber lasers for industrial manufacturing, microfabrication, aerospace and defense applications, and its Nasdaq listing uses the ticker LASR.

November 5, 2026 is the next scheduled reporting date. The figures to watch are the USD 63.00-73.00 revenue range, the 24.00-30.00 percent gross-margin outlook and the USD 1.00-7.00 million adjusted EBITDA range for the third quarter.