Core Viewpoint - nLight (LASR) shows a promising earnings outlook, with analysts raising their earnings estimates, which may positively impact the stock price [1][2]. Earnings Estimate Revisions - Current-quarter earnings are projected at $0.11 per share, reflecting a significant increase of +136.7% from the previous year [7]. - For the full year, the earnings estimate stands at $0.21 per share, indicating a change of +132.3% from the year-ago figure [8]. - Over the past 30 days, the Zacks Consensus Estimate for nLight has risen by 10%, with two estimates moving higher and no negative revisions [7][8]. Zacks Rank and Performance - nLight has achieved a Zacks Rank 2 (Buy), indicating strong agreement among analysts regarding positive earnings revisions [9]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [9]. Stock Performance - The stock has increased by 19% over the past four weeks due to favorable estimate revisions, suggesting potential for further upside [10].

Summary of nLIGHT Conference Call Company Overview - nLIGHT is a founder-led defense laser technology company with a vertically integrated platform based in the U.S. [1] - The company specializes in high-power semiconductor lasers, with applications in both commercial and defense sectors [2][4]. - nLIGHT is headquartered in the Pacific Northwest, near major semiconductor fabs like Intel and TSMC, and has a site in Colorado [2]. Core Technologies and Applications - nLIGHT's technology stack includes semiconductor chips that produce tens of watts of power, which can be scaled to high-power laser systems [3][4]. - The company focuses on three core areas: directed energy, sensing, and advanced manufacturing [5][12]. Directed Energy - Directed energy applications utilize high-power lasers to damage or destroy various threats, including drones and missiles [5][6]. - nLIGHT claims to have the highest power laser in the world at over 300 kW, with plans to scale to 1 MW [9]. - The company emphasizes the importance of coherent beam combining for higher power applications, which offers advantages in brightness and atmospheric compensation [8][10]. Sensing - Sensing applications involve using pulse lasers for range finding and LiDAR, providing high-resolution data in a stealthy manner [11]. - nLIGHT has been involved in programs for over a decade and is currently deployed on various missiles [11]. Advanced Manufacturing - The company is engaged in laser additive manufacturing, which is crucial for producing complex parts for hypersonics and rocket engines [12][13]. - nLIGHT's technology is also applied in the automotive sector, with lasers used in the production of high-performance vehicles [28]. Market Dynamics - The defense sector is currently the core market driving nLIGHT's growth, with a strong alignment with the Department of Defense's priorities [5]. - The industrial market has seen significant growth, particularly in China, which is now the largest market for industrial lasers [29]. - However, the company has faced challenges due to excess capacity in the industrial market stemming from China [30]. Financial Position and Growth Strategy - nLIGHT recently raised $200 million to strengthen its balance sheet, which now exceeds $250 million [23][24]. - The capital will be used for product development, capital expenditures, and potential mergers and acquisitions [26][27]. - The company aims to invest ahead of program records to capitalize on known applications in directed energy [25]. Vertical Integration - nLIGHT's vertical integration strategy allows for rapid adaptation to technological changes and reduces transaction costs associated with external partnerships [34]. - The acquisition of Nutronics enhanced nLIGHT's capabilities in coherent beam combining and atmospheric correction, demonstrating the benefits of vertical integration [35][36]. Future Outlook - nLIGHT is optimistic about growth in the sensing and directed energy markets, which are expected to expand significantly [38]. - The company is also focused on addressing challenges in the U.S. Indo-Pacific Command, where both directed energy and sensing technologies are critical [39]. Additional Insights - The management highlighted the importance of thermal management in laser systems, which is critical for performance [18]. - nLIGHT is exploring partnerships with various government agencies and primes in both sensing and directed energy sectors [20].

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: nLight (LASR) - nLight currently holds a Momentum Style Score of B, indicating a positive momentum characteristic [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, nLight shares have increased by 12.08%, while the Zacks Electronics - Semiconductors industry remained flat [5] - In the last month, nLight's stock price has risen by 31.32%, significantly outperforming the industry's 1.82% [5] - Over the past quarter, nLight shares have surged by 85.18%, and over the last year, they have skyrocketed by 394.03%, compared to the S&P 500's increases of 3.73% and 16.78%, respectively [6] Trading Volume - nLight's average 20-day trading volume is 1,267,875 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the last two months, one earnings estimate for nLight has increased, while none have decreased, raising the consensus estimate from $0.20 to $0.21 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [9] Conclusion - Considering the positive momentum indicators and earnings outlook, nLight is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [10][11]

Company Overview - nLight (LASR) shares increased by 5.1% to close at $46.09, with notable trading volume compared to typical sessions, and a total gain of 16.8% over the past four weeks [1] - nLight has developed industry-leading high-power laser technology over the past two decades, benefiting from growth in the defense and aerospace sectors [1] Earnings Expectations - nLight is expected to report quarterly earnings of $0.11 per share, reflecting a year-over-year increase of 136.7%, with revenues projected at $79.23 million, up 67.2% from the same quarter last year [2] - The consensus EPS estimate for nLight has been revised 25% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [3] Industry Context - nLight operates within the Zacks Electronics - Semiconductors industry, where Broadcom Inc. (AVGO) also resides, having closed 0.8% higher at $310.51, but with a return of -10.3% over the past month [3] - Broadcom's consensus EPS estimate for its upcoming report has increased by 0.2% to $2.03, representing a year-over-year change of 26.9% [4]

Core Viewpoint - nLIGHT, Inc. is set to participate in TD Cowen's Annual Aerospace & Defense Conference, highlighting its role in high-power laser technology for critical applications [1] Company Participation - nLIGHT's Chairman and CEO, Scott Keeney, along with the Head of Investor Relations, John Marchetti, will present at the conference [1] - The presentation is scheduled for February 11, 2026, at 9:15 a.m. ET [1]

Core Viewpoint - nLIGHT, Inc. is set to release its financial results for Q4 and the full year 2025 on February 26, 2026, after market close, indicating a focus on transparency and communication with investors [1] Financial Results Announcement - The financial results will be disclosed after the financial markets close on February 26, 2026 [1] - A webcast to discuss these results is scheduled for February 26, 2026, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) [1]

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential opportunities for traders before the market opens [1] Premarket Gainers - Silicon Laboratories Inc. (SLAB) is up 49% at $204.51 [3] - Concorde International Group Ltd. (CIGL) is up 44% at $3.90 [3] - ENvue Medical, Inc. (FEED) is up 25% at $3.08 [3] - Enphase Energy, Inc. (ENPH) is up 23% at $46.06 [3] - Digital Turbine, Inc. (APPS) is up 18% at $5.85 [3] - Tandy Leather Factory, Inc. (TLF) is up 16% at $3.35 [3] - Lumentum Holdings Inc. (LITE) is up 12% at $487.60 [3] - Super Micro Computer, Inc. (SMCI) is up 10% at $32.66 [3] - Sonos, Inc. (SONO) is up 10% at $16.17 [3] - Exicure, Inc. (XCUR) is up 9% at $4.52 [3] Premarket Losers - Intapp, Inc. (INTA) is down 16% at $24.50 [4] - Texxon Holding Limited (NPT) is down 15% at $6.08 [4] - Varonis Systems, Inc. (VRNS) is down 14% at $22.59 [4] - Mercury Systems, Inc. (MRCY) is down 11% at $88.00 [4] - Boston Scientific Corporation (BSX) is down 9% at $82.80 [4] - nLIGHT, Inc. (LASR) is down 9% at $45.10 [4] - Advanced Micro Devices, Inc. (AMD) is down 8% at $220.84 [4] - NGL Energy Partners LP (NGL) is down 7% at $10.98 [4] - MKDWELL Tech Inc. (MKDW) is down 7% at $2.67 [4] - Wabash National Corporation (WNC) is down 6% at $10.54 [4]

Core Viewpoint - nLIGHT, Inc. has announced a public offering of 3,977,273 shares of common stock at a price of $44.00 per share, aiming to raise approximately $175 million in gross proceeds before expenses [1]. Company Overview - nLIGHT, Inc. is a leading provider of high-power lasers for mission-critical directed energy, optical sensing, and advanced manufacturing applications [6]. - The company is headquartered in Camas, Washington, and employs around 800 people with operations in the United States, Europe, and Asia [6]. Offering Details - The public offering is priced at $44.00 per share, with an option for underwriters to purchase an additional 596,590 shares [1]. - The net proceeds from the offering will be used for working capital, capital expenditures, and other general corporate purposes [1]. - The offering is expected to close on February 5, 2026, subject to market conditions [1]. Underwriters - Stifel, Baird, William Blair, and Raymond James are acting as joint lead book-running managers for the offering [2]. - Cantor is the book-running manager, while Needham & Company is acting as co-manager [2]. Regulatory Information - An automatically effective shelf registration statement on Form S-3 was filed with the SEC on February 3, 2026, relating to the securities offered [3]. - The offering is being made only by means of a preliminary prospectus supplement and the accompanying base prospectus [3].

Core Insights - nLIGHT, Inc. will showcase its high-energy laser weapon solutions at the 2026 World Defense Show in Riyadh, Saudi Arabia, including a newly developed 70kW-class Laser Weapon System [1] - The company has expanded its manufacturing capacity by adding 50,000 square feet of leased space in Longmont, Colorado, which will more than double its current capacity [1] - Preliminary financial results for Q4 2025 indicate expected revenue between $78 million and $80 million, exceeding previous guidance of $72 million to $78 million [1] - Gerald M. Haines has been appointed to the Board of Directors and will serve on the Audit Committee [1] Company Overview - nLIGHT, Inc. is a leading provider of high-power lasers for mission-critical applications, headquartered in Camas, Washington, with approximately 800 employees and operations in the U.S., Europe, and Asia [1] - The company specializes in directed energy, optical sensing, and advanced manufacturing applications [1] - In 2019, nLIGHT reported revenues of $176.6 million and a net income loss of $12.884 million [1]

Core Insights - nLIGHT, Inc. has announced the addition of 50,000 square feet of leased manufacturing and office space in Longmont, Colorado, which will more than double its current capacity [1][2] - This expansion aims to support ongoing and future work for the U.S. Department of War and other U.S. agencies, reflecting the company's commitment to U.S. manufacturing of directed energy laser weapons [2][3] - The company leverages 25 years of expertise in laser power scaling and proprietary technology to deliver industry-leading high-energy laser systems [3] Company Overview - nLIGHT, Inc. is a leading provider of high-power lasers for mission-critical applications, including directed energy and advanced manufacturing [4] - The company is headquartered in Camas, Washington, and employs approximately 800 people with operations in the U.S., Europe, and Asia [4]