Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Why Hamilton Lane (HLNE) Stock Is Up Today

HLNE Cover Image

What Happened?

Shares of alternative investment management firm Hamilton Lane (NASDAQ: HLNE) jumped 3.3% in the morning session after Goldman Sachs upgraded its rating on the stock to Neutral from Sell and raised its price target to $162. 

The investment bank pointed to Hamilton Lane's stronger position in the growing wealth management channel. Expanded product offerings and wider distribution networks were seen as key drivers that will support the firm's earnings growth. The upgrade also reflected the company's solid operational performance, which included revenue growth of 10.66% and a strong return on equity of 32% in the previous twelve months. A positive market mood may have also helped, as the central bank's recent quarter-point rate cut was seen as removing the worst-case scenarios for the U.S. economy.

After the initial pop the shares cooled down to $152.13, up 3.9% from previous close.

Is now the time to buy Hamilton Lane? Access our full analysis report here, it’s free.

What Is The Market Telling Us

Hamilton Lane’s shares are somewhat volatile and have had 14 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 15 days ago when the stock dropped 4.3% as the firm announced the pricing of a public offering. This move is a typical market reaction to public offerings. When a company issues new shares to the public, it increases the total number of shares outstanding. This can lead to dilution, meaning each existing shareholder's ownership stake in the company is reduced. Investors often react negatively to this potential dilution, causing the stock price to fall as the market adjusts to the increased supply of stock. The offering itself is generally a way for the company to raise capital for various corporate purposes.

Hamilton Lane is up 2% since the beginning of the year, but at $152.13 per share, it is still trading 24.5% below its 52-week high of $201.62 from November 2024. Investors who bought $1,000 worth of Hamilton Lane’s shares 5 years ago would now be looking at an investment worth $2,402.

Unless you’ve been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.