Reading the tape
NASDAQ: LWLG
Lightwave Logic, Inc.
Basic Materials · Chemicals - Specialty
Market Cap
$1.85B
52w High
$15.29
52w Low
$0.82
P/E
-83.76
Volume
5.61M
Outstanding Shares
148.83M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 1,330.71%Revenue (TTM): 147.74%FCF (TTM): 17.36%
What changed
The stock rose 1,330.71% over the last year. Revenue grew 147.74% over the trailing twelve months. Operating margin moved from -24,150.56% to -8,765.46%. Free cash flow grew 17.36% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum. The operating data is doing enough work that the move does not need an overvaluation story to explain it.
What would invalidate this read
Operating margin is at -8,765.46%. Revenue grew 147.74% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Lightwave Logic, Inc., a development stage company, focuses on the development of photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets in the United States.
CEOYves LeMaitre
SectorBasic Materials
IndustryChemicals - Specialty
Employees31
IPO dateMay 16, 2006
Valuation
Forward P/E—
EV/EBITDA-18.78
Enterprise value$350.34M
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth594.54%
Gross margin-352.39%▼959.68%vs FY2024
Operating margin-8,765.46%▲63.70%vs FY2024
ROE-27.21%▲59.64%vs FY2024
Analyst consensus
Rating—
Target price—
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est — · Revenue est —
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