Needham Remains Bullish on nLIGHT, Inc. (LASR)

19 hours ago 2

Noor Ul Ain Rehman

Sat, May 23, 2026 astatine 6:54 AM CDT 1 min read

nLIGHT, Inc. (NASDAQ:LASR) is 1 of the apical must-buy semiconductor stocks to put successful now. nLIGHT, Inc. (NASDAQ:LASR) received a standing update from Needham connected May 8. The steadfast lifted the terms people connected the banal to $80 from $70, and reaffirmed a Buy standing connected the shares. In a abstracted development, nLIGHT, Inc. (NASDAQ:LASR) announced connected April 30 plans for the enlargement of its existing operations successful Torino, Italy, aimed astatine supporting the accrued request from European and allied customers for locally assembled directed vigor solutions.

Is nLight Inc. (LASR) the Best Debt-Free IT Stock to Buy Under $10?

Is nLight Inc. (LASR) the Best Debt-Free IT Stock to Buy Under $10?

Management stated that the expanded Torino footprint is anticipated to amended the company’s quality to present high‑power laser subsystems and integrated directed vigor components tailored to determination operational needs, portion simultaneously aligning with European localization, security, and supply‑chain resiliency requirements. It added that the task builds connected nLIGHT, Inc.’s (NASDAQ:LASR) established beingness successful Italy, and besides highlights its semipermanent committedness to enactment allied defence and information users with mission‑ready laser technology.

nLIGHT, Inc. (NASDAQ:LASR) provides semiconductor and fibre lasers for aerospace and defense, microfabrication, and concern applications. The institution operates done the Laser Products and Advanced Development segments.

While we admit the imaginable of LASR arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 15 Stocks That Will Make You Rich successful 10 Years AND 12 Best Stocks That Will Always Grow.

Disclosure: None. Follow Insider Monkey connected Google News.

Read Entire Article