Lightwave Logic, Inc. (LWLG)
Materials · NCM
Price as at 30 Sept 2026, 20:55 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Lightwave Logic, Inc. trades at $5.00, which is 50% above the $2.49 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 48 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
About 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.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
LWLG passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
5 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Marshall Wace, MARSHALL WACE, LLP$28.92M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$6.83M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$2.78M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$2.03M · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$125.2K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
LWLG peers
The largest companies in the same industry (Specialty Chemicals), then in the same sector.
- DD DuPont de Nemours, Inc.
- RPM RPM International Inc.
- AKZOY Akzo Nobel N.V.
- SOLS Solstice Advanced Materials, Inc.
- BNR.DE Brenntag SE
- ESI Element Solutions Inc
- WLK Westlake Corporation
- SOL.JO Sasol Limited
Every materials company we cover is on the Materials hub.
Common questions
Is Lightwave Logic, Inc. (LWLG) undervalued?
Against our fair value estimate of $2.49, LWLG at $5.00 is 50% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own LWLG?
5 of the institutions we track reported a position in LWLG in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
Where does SteadyShares get its LWLG data?
Fundamentals for LWLG come from company filings and exchange data, as listed on NCM; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 20:55 UTC and is delayed. Our data quality score for this company is 83/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for LWLG, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.