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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)2.93M
Market Cap
$778.54M
Enterprise Value$1.36K
Total Cash (Recent Filing)$95.91M
Total Debt (Recent Filing)$2.50M
Price to Earnings (P/E)―
Beta2.78
Next Earnings
Nov 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.16
Shares Outstanding154,167,250
10 Day Avg. Volume2,343,014
30 Day Avg. Volume2,934,889
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Customer Commercialization ProgressFive Stage 3 programs indicate the technology is advancing beyond initial evaluation toward prototypes, foundry runs, testing and qualification, improving the prospect of future commercial adoption.
Foundry And Licensing TractionMultiple foundry engagements and a signed supply and licensing agreement provide tangible ecosystem validation. Parallel qualification paths could reduce dependence on one manufacturing partner and support eventual volume deployment.
Strong Cash Position And No DebtA substantial cash balance and debt-free balance sheet give Lightwave Logic flexibility to fund research, foundry qualification and manufacturing readiness while limiting near-term solvency and financing pressure.
Bears Say
Minimal Revenue And Deep LossesThe very small revenue base shows commercialization has not yet translated into meaningful sales. Severely negative margins and large losses limit earnings visibility and leave the business dependent on future adoption.
Accelerating Cash BurnHigher operating cash consumption alongside rising R&D and G&A expenses increases funding needs before revenue scales. Continued investment may be necessary, but it reduces the durability of the current cash runway.
Foundry Bottlenecks And Delayed ProductionDependence on foundry capacity, yield learning, packaging and outsourced BEOL creates execution risk across the commercialization process. The H2 2027 production target also implies a prolonged period before material revenue.
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 $778.54M.
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 75 days.
How were Lightwave Logic Inc’s earnings last quarter?
Lightwave Logic Inc released its earnings results on Aug 11, 2026. The company reported -$0.043 earnings per share for the quarter.
Is Lightwave Logic Inc overvalued?
According to Wall Street analysts Lightwave Logic Inc’s price is currently Overvalued.
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 for its next earnings report is not yet available.
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 -$0.043 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
Neutral
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5
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10
Blogger Sentiment
Bullish
LWLG Sentiment 92%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 2.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.3%
Last 30 Days ▼ 1.0%
Last 30 Days ▼ 1.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
63.57%
12-Months-Change
Fundamentals
Return on Equity
―
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 summariesTechnical Analysis
Cabot
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Eastman Chemical
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5E Advanced Materials, Inc.
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Solstice Advanced Materials, Inc.
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Ownership Overview
2.96% Insiders
7.13% Mutual Funds
2.40% Other Institutional Investors
74.41% Public Companies and Individual Investors