PAC Partners analyst Caleb Weng has maintained their bullish stance on LBL stock, giving a Buy rating on July 22.
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Caleb Weng’s rating is based on Laserbond Limited’s strong financial performance and growth potential. The company’s revenue for the second half of 2025 was in line with expectations, while its net profit before tax exceeded both guidance and analyst expectations. This positive result was driven by an improvement in gross margins, a recovery in the Product division, and sustained growth in the Services division.
Additionally, the expansion of gross margins was attributed to the increased productivity of newly trained employees and successful R&D efforts that reduced production costs. The company’s Services division continues to show double-digit growth, indicating strong customer adoption of its laser cladding technology. Furthermore, the diversification in the Products division reduces concentration risk, and the expected growth from the Gateway subsidiary supports a positive outlook. With a favorable growth profile and an attractive P/E multiple, the Buy recommendation is maintained.
In another report released on July 22, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a A$0.50 price target.