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Laser Photonics Stock Forecast, Price & News (NASDAQ:LASE)

May 24, 2023

Laser Photonics Corporation provides integrated laser-blasting solutions for corrosion control, rust removal, de-coating, pre-welding, post-welding, laser cleaning, and surface conditioning in the Americas, Europe, Asia, the Middle East, and North Africa. It offers laser cleaning systems, such as CleanTech Titan FX for cleaning, rust removal, and surface conditioning; CleanTech Titan Express, a high-power fiber laser for cleaning and surface conditioning; CleanTech MegaCenter, an industrial-grade laser parts cleaning, rust removal, and surface conditioning system; CleanTech Handheld LPC-50CTH and CleanTech Handheld LPC-100CTH, an air-cooled pulsed laser systems; CleanTech Handheld LPC-200CTH, a manual handheld laser surface cleaning model; CleanTech Handheld LPC-300CTH, a water-cooled laser system; CleanTech Handheld LPC-1000CTH, a laser cleaning tool; CleanTech Handheld 2000-CTH Jobsite for industrial cleaning, rust and paint removal, and surface preparation; CleanTech Handheld NCX, a portable laser surface cleaning and conditioning system; CleanTech Robot, a robotic laser cleaning system, CleanTech Laser Blaster Cabinet, a laser cleaning machine; and CleanTech EZ- Rider, a laser cleaning tool. The company also provides laser cutting machines; laser engraving machines; laser marking machines; 3D metal printers; laser glass scribing systems; ITO removal systems; glass cutting lasers; glass wafer dicing products; laser glass marking; microscope slide and covers laser cutting systems; precision glass scribers; semiconductor laser systems; OEM laser marking and engraving parts; fiber lasers; scanning and cutting heads; mobile handheld laser HD cart; mobile rugged cases; enclosures; fume extractors; process tables; rotary indexers; water chiller machines; X-Y tables; USB controllers; and custom lasers. It serves the aerospace, automotive, defense, nuclear, shipbuilding, and space sectors. Laser Photonics Corporation was incorporated in 2019 and is based in Orlando, Florida.

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Laser Photonics' stock was trading at $2.04 at the beginning of 2023. Since then, LASE shares have increased by 66.7% and is now trading at $3.40. View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023. View our LASE earnings forecast.

(LASE) raised $15 million in an initial public offering on Friday, September 30th 2022. The company issued 3,000,000 shares at $5.00 per share. Alexander Capital served as the underwriter for the IPO.

Laser Photonics trades on the NASDAQ under the ticker symbol "LASE."

Laser Photonics' stock is owned by a number of retail and institutional investors. Top institutional investors include Bank of America Corp DE (1.49%), Geode Capital Management LLC (0.48%), Schonfeld Strategic Advisors LLC (0.21%), State Street Corp (0.15%) and Two Sigma Investments LP (0.15%). View institutional ownership trends.

Shares of LASE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.

One share of LASE stock can currently be purchased for approximately $3.40.

Laser Photonics (NASDAQ:LASE) has a market capitalization of $26.79 million and generates $4.98 million in revenue each year.

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$3.40 17,172 shs 371,903 shs $26.79 million N/A N/A N/A 6/06/2023 8/09/2023 NASDAQ Specialty Industrial Machinery N/A Industrials NASDAQ:LASE N/A 1807887 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A $4.98 million 5.38 N/A N/A N/A N/A 7,878,000 N/A $26.79 million Not Optionable N/A Mr. Wayne Tupuola Ms. Tatiana Nikitina Mr. Timothy Schick C.F.A. Mr. Arnold Bykov HireRight ADS-TEC Energy Air T AMMO Arvana Geode Capital Management LLC Bought 37,485 shares on 5/16/2023 Ownership: State Street Corp Bought 12,000 shares on 5/16/2023 Ownership: Schonfeld Strategic Advisors LLC Bought 16,200 shares on 5/15/2023 Ownership: Two Sigma Investments LP Sold 34,722 shares on 5/15/2023 Ownership: Bank of America Corp DE Bought 117,690 shares on 5/12/2023 Ownership: