nLIGHT, Inc.’s shares were trading at $31.20 on September 18th, with bullish thesis highlighting the company’s strength in defense technology market and major contract wins. The company’s $171 million HELSI Phase 2 program to develop a 1-megawatt direct energy laser is progressing well. Second-quarter revenues reached a record high, with aerospace and defense sales up 49% year over year. Analysts have raised price target by 22% to $33.50. Despite hedge funds holding LASR, other AI stocks may offer greater upside potential. For investors seeking undervalued AI stocks, there are options available.

Read more at Yahoo Finance: nLIGHT, Inc. (LASR): A Bull Case Theory