LWLG
Lightwave Logic, Inc.

Lightwave Logic, Inc.LWLG

Basic Materials · Specialty Chemicals
4.30USD
-8.12%
Nov 05, 2026
LWLG overview ready
Developer of electro-optic polymer materials enabling silicon photonics scaling
Developer and prospective supplier/licensor of electro-optic polymer materials and modulator technology for silicon-photonics and photonic-integrated-circuit designs.
Theme not measured
No economic group is assigned yet.
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced.
Fundamentals not measured
Primary risk
High operating losses and negative operating margin.
Market Nov 4Filing Jun 30Price action Nov 5Research Aug 7

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction3.4BusinessPerformance—BusinessQuality—Valuation3.5ThemeMomentum—A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
No economic group yet — pending research
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$662.9M
Avg Volume (60D)
3.2M
60 sessions
Revenue Growth YoY
+147.7%
FY2025 vs FY2024
Gross Margin
+98.9%
Free Cash Flow Yield
-2.8%
Next Earnings
2026-11-10
P/E
N/M
Market metrics as of Nov 4, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Business Performance

Insufficient evidence

A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Latest reported: Q2 FY2026, ended Jun 30
Revenue growthNot enough data
$33K
$33K in Q2 FY2026 · no comparable year-ago quarter
Not enough comparable quarters for a YoY sequence.
Earnings growthLoss unchanged
-$0.04
Diluted EPS -$0.04 vs -$0.04 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginNot enough data
—
No year-ago comparison

Business Quality

Not assessed

Not assessed yet — the business is too early-stage for its economics to show in filings.

Fundamentals & Valuation

The available comparisons disagreed; the intrinsic comparison is the more reliable method for this business and the others are published as dissent.
Lightwave Logic, Inc. has a Fair valuation stance because the price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced.

What changed

  • LWLG rose 11.9% in one session
    LWLG closed +11.9% while the broad market was close to flat (+0.6%).
    2026-10-27
  • LWLG fell 9.9% in one session
    LWLG closed -9.9% while the broad market was close to flat (-0.1%).
    2026-10-12

Company Research

Thesis
Developer and prospective supplier/licensor of electro-optic polymer materials and modulator technology for silicon-photonics and photonic-integrated-circuit designs.
Opportunity
Moderate opportunity
AI-cluster scaling requires higher-bandwidth, lower-power optical connectivity across scale-out and emerging scale-up fabrics, driving demand for silicon photonics, optical engines, transceivers, lasers, modulators, and related design/manufacturing platforms.
Key risk
High operating losses and negative operating margin.

Economic classification

Loading the economic classification…

Business & Markets

Basic Materials · Specialty Chemicals
What they do

Lightwave Logic develops and commercializes electro-optic polymer materials used in data communications and photonic applications, selling these materials primarily under the Perkinamine brand for integration into silicon photonics and photonic integrated circuits.

How it earns

The company generates revenue through product sales of electro-optic polymers and through intellectual property licensing and royalty agreements.

Products & services
Electro-optic polymer materials (Perkinamine)
Intellectual property licensing and royalties
Customers & end markets
Semiconductor foundries
Silicon photonics device designers
Optical module manufacturers
System integrators
Market position

Niche player specializing in electro-optic polymer materials within the photonics and semiconductor materials industry.

Demand drivers
Medium cyclicality

Demand is linked to semiconductor and photonics industry cycles, which can be subject to fluctuations in technology adoption and capital spending.