nLIGHT Inc.'s stock has reached an all-time high of $50.78, bringing its market capitalization to $2.77 billion, following a remarkable 367.13% increase over the past year. Despite not being profitable in the last twelve months, analysts anticipate profitability this year, driven by strong investor confidence and recent developments including a public offering, manufacturing expansion, and a “Buy” rating from Stifel. The company’s expansion into high-energy laser production for government agencies further underscores its growth potential.
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nLIGHT Inc stock hits all-time high at 50.78 USD By Investing.com
nLIGHT Inc.'s stock has reached an all-time high of $50.78, bringing its market capitalization to $2.77 billion, following a remarkable 367.13% increase over the past year. Despite not being profitable in the last twelve months, analysts anticipate profitability this year, driven by strong investor confidence and recent developments including a public offering, manufacturing expansion, and a “Buy” rating from Stifel. The company’s expansion into high-energy laser production for government agencies further underscores its growth potential.