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LWLG Stock Chart & Stats
$5.94
$0.18(2.98%)
At close: 4:00 PM EDT
$5.94
$0.18(2.98%)
Day’s Range― - ―
52-Week Range$2.84 - $18.71
Previous CloseN/A
Volume3.02K
Average Volume (3M)3.21M
Market Cap
$610.50M
Enterprise Value$1.36B
Total Cash (Recent Filing)$95.91M
Total Debt (Recent Filing)$2.50M
Price to Earnings (P/E)―
Beta2.89
Next Earnings
Nov 18, 2026EPS Estimate
-0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.16
Shares Outstanding154,167,250
10 Day Avg. Volume4,141,545
30 Day Avg. Volume3,209,789
Financial Highlights & Ratios
PEG Ratio1.28
Price to Book (P/B)5.58
Price to Sales (P/S)1759.55
P/FCF Ratio-27.63
Enterprise Value/Market Cap2.23
Enterprise Value/Revenue5.43K
Enterprise Value/Gross Profit5.49K
Enterprise Value/Ebitda-63.30
Forecast
1Y Price Target
$9.00Price Target Upside51.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.18
Revenue Forecast (FY)$229.05K
Bulls Say, Bears Say
Bulls Say
Commercialization ProgressProgress across customer prototypes, foundry runs, and licensing indicates the polymer platform is moving beyond research toward qualification. Multiple parallel programs and an existing commercial agreement could support durable adoption if testing and production milestones are achieved.
Strong Balance SheetA substantial cash position with no debt gives Lightwave Logic financial flexibility to fund development, foundry work, and manufacturing readiness. This reduces near-term solvency pressure and allows the company to pursue commercialization without immediate leverage constraints.
Structural Photonics DemandRising demand for silicon photonics and optical interconnects provides a supportive industry backdrop for Lightwave Logic’s low-power, high-speed materials. Continued data-center and AI infrastructure expansion could enlarge the addressable market for its technology.
Bears Say
Minimal Revenue ScaleRecognized revenue remains negligible despite reported customer and foundry activity, showing that commercial traction has not yet translated into meaningful sales. The company therefore remains dependent on future qualification and production milestones to establish a durable revenue base.
Large Losses And Rising CostsOperating expenses are expanding much faster than the current revenue base, while the net loss continues to widen. Unless commercialization produces substantial sales, this cost structure will keep depressing profitability and extend the period before the business can fund itself.
Execution And Production Timing RiskThe path to volume production depends on external foundry schedules, process development, yield learning, packaging, testing, and BEOL outsourcing. These interdependent requirements create durable timing risk and could postpone meaningful revenue while investment and cash use continue.
Lightwave Logic News
LWLG FAQ
What was Lightwave Logic Inc’s price range in the past 12 months?
Lightwave Logic Inc lowest stock price was $2.84 and its highest was $18.71 in the past 12 months.
What is Lightwave Logic Inc’s market cap?
Lightwave Logic Inc’s market cap is $610.50M.
When is Lightwave Logic Inc’s upcoming earnings report date?
Lightwave Logic Inc’s upcoming earnings report date is Nov 18, 2026 which is in 28 days.
How were Lightwave Logic Inc’s earnings last quarter?
Lightwave Logic Inc released its earnings results on Aug 11, 2026. The company reported -$0.04 earnings per share for the quarter.
Is Lightwave Logic Inc overvalued?
According to Wall Street analysts Lightwave Logic Inc’s price is currently Undervalued.
Does Lightwave Logic Inc pay dividends?
Lightwave Logic Inc does not currently pay dividends.
What is Lightwave Logic Inc’s EPS estimate?
Lightwave Logic Inc’s EPS estimate is -0.05.
How many shares outstanding does Lightwave Logic Inc have?
Lightwave Logic Inc has 154,167,250 shares outstanding.
What happened to Lightwave Logic Inc’s price movement after its last earnings report?
Lightwave Logic Inc reported an EPS of -$0.04 in its last earnings report. Following the earnings report the stock price went down -0.657%.
Which hedge fund is a major shareholder of Lightwave Logic Inc?
Currently, no hedge funds are holding shares in LWLG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Lightwave Logic Stock Smart Score
Underperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$9.00 (51.52% Upside)
$9.00 (51.52% Upside)
Blogger Sentiment
Bullish
LWLG Sentiment 85%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 2.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 8.4%
Last 30 Days ▼ 8.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.43%
12-Months-Change
Fundamentals
Return on Equity
-30.34%
Trailing 12-Months
Asset Growth
233.20%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Lightwave Logic Inc
Lightwave Logic, Inc. focuses on the development and commercialization of electro-optic polymer materials for data communications and other photonic application in the United States and internationally. The company sells electro-optic (EO) polymer materials for integration into silicon photonics and other photonic integrated circuit platforms under the Perkinamine name. It is also involved in intellectual property licensing; and royalty activities. The company serves semiconductor foundries, silicon photonics device designers, and optical module manufacturers, as well as system integrators serving artificial intelligence, cloud computing, data center, and telecommunications markets. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.
LWLG Company Deck
LWLG Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed meaningful operational progress toward commercialization — tangible milestones such as five Stage 3 customers, multiple foundry engagements, imminent wafer deliveries, an existing material supply agreement, and a strong cash position (~$95.9M). Those highlights show advancing de-risking of the technology and customer traction. Offsetting this are persistent commercialization risks and financial headwinds: very low recognized revenue (~$33k), a widening net loss ($6.6M, +~32% YoY), rising R&D and G&A spending (+50% and +48% YoY respectively), increased cash burn (+~36% in H1 operating use), and continued foundry and BEOL schedule and capacity constraints that could delay qualification and the targeted volume ramp in H2 2027. Overall the call balances clear technical and commercial progress against near-term financial and execution risks, but the progress on foundry runs, customer Stage 3 expansion, and cash runway lead to a constructive outlook.View all LWLG earnings summariesLWLG Stock 12 Month Forecast
Average Price Target
$9.00
▲(51.52% Upside)
Technical Analysis
Cabot
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Eastman Chemical
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Avient
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5E Advanced Materials, Inc.
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Solstice Advanced Materials, Inc.
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Ownership Overview
2.76% Insiders
7.13% Mutual Funds
0.05% Other Institutional Investors
77.23% Public Companies and
Individual Investors