nLight, Inc. (LASR)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
$40.06-3.40%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
QuarterlyIQ Insights · LASR
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 5 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $40 LASR trades at 7.3× p/s, below its 8.3× p/s peer median. Our $59 fair value sits well above the price. We hold it with low confidence: our number sits well below the analyst range and its earnings are too depressed to value on P/E (we anchor on sales instead). Analysts target $80–$100. Note: our $59 fair value sits below the entire analyst range ($80–$100). Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $90.00 | — | — | Analyst | high |
| Peer P/FCF | 12M | $40.39 | 46.6 | 0.87 | TTM | high |
| Peer P/E | 12M | $14.82 | 25.3 | 0.59 | ntm analyst | high |
| Peer P/S | 12M | $45.10 | 8.3 | 5.45 | TTM | high |
| triangulated |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Around the middle on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$80.00 – $100.00 (median $90.00) · 6 analysts · as of 2026-07-10
No fragility gates fired. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| 12M |
| $9.35 |
| 49.4 |
| 0.19 |
| Triangulated |
| high |
| Peer P/E | 3Y | $17.52 | 25.3 | 0.69 | Hist. CAGR(prov.) | medium |
| Peer P/S | 3Y | $58.33 | 8.3 | 7.05 | Analyst | medium |
| Peer P/E | 5Y | $20.71 | 25.3 | 0.82 | Hist. CAGR(prov.) | medium |
| Peer P/S | 5Y | $68.95 | 8.3 | 8.34 | Analyst | medium |