nLIGHT-nLight (LASR) Soars 28.1%: Is Further Upside Left in the Stock?

Company Overview - nLight (LASR) shares increased by 28.1% to close at $13.23, following a notable trading volume, contrasting with a 4.6% loss over the past four weeks [1] - The company is focusing on technological advancements in the aerospace and defense sectors, particularly in laser sensing and directed energy applications [1] Financial Performance - nLight is expected to report a quarterly loss of$ 0.08 per share, reflecting a year-over-year change of +20% [2] - Projected revenues for the upcoming quarter are $55.71 million, which is a 10% increase from the same quarter last year [2] Earnings Estimates and Stock Movement - The consensus EPS estimate for nLight has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Industry Comparison - nLight operates within the Zacks Electronics - Semiconductors industry, where Broadcom Inc. (AVGO) has a consensus EPS estimate of$ 1.39, reflecting a +25.2% change year-over-year [4] - Broadcom Inc. has a Zacks Rank of 2 (Buy), indicating a more favorable outlook compared to nLight [4]