nLIGHT Stock Has Soared 400%. Here's Why One Investor Bought More

Needham Investment Management purchased 65,000 additional shares of nLIGHT (LASR) in Q1 2026, valued at $3.52 million, bringing their position to $109.63 million (5.6% of AUM). The stock has surged nearly 400% over the past year, driven by strong Q1 earnings with 55% revenue growth to $80.2 million, expanded gross margins, and a return to profitability. The aerospace and defense segment led growth with 69% revenue increase, while the company maintains a strong balance sheet with $298 million in cash.