2026-10-25
Does not pass
Lightwave Logic, does not pass the ethical screen. The binding factor is interest/revenue 355.7%.
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latest tape · as of 08:04 UTC
The Screen · Basic Materials · Specialty Chemicals
Lightwave Logic, Inc.
LWLG · Nasdaq · USD · Market cap $664M · 34 employees
Lightwave Logic, Inc.
FAIL · Does not pass the screen4.01 USD
Price as of 23 Oct 2026Daily close, not a live quoteLast reviewed 7 days ago
Screened 2026-10-23 · the tape above runs as of 08:04 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
Key facts today
- Price4.01 USD at the 23 Oct 2026 close
- Our ratingFair value, current read markdown
- Ethical screenDoes not pass
- OptionsOpen interest leans to puts (put/call 2.76)
- Last reviewed23 Oct 2026 (7 days ago)
A summary of the dated readings below, not a live quote and not advice.
PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
What this means: price 4.01 against the desk's fair-value range, base estimate 5.41, over the last year.
- Trend Markdown
- Insiders no filings inside 60 days, left as found
- Positioning no disclosures inside 60 days, left as found
- Options put/call open interest 2.76, read 2026-10-25
- Ethical does not pass the values gate
Price4.01 USD
Fair value5.41
Ethical score98.8/100
RatingFAIR VALUE
Our investment reviews on this name
2026-10-18Read Markdown4.20-4.5% to today ✓Accumulation gives way to Markdown after a 20% slide in 7 days
2026-10-11Read Accumulation5.28-24.1% to today Markdown gives way to Accumulation after a 15% slide in 5 weeks
2026-09-04Read Markdown6.24-35.7% to today ✓Distribution gives way to Markdown with volume flow in agreement
2026-08-04Read Distribution6.23-35.6% to today ✓Markup gives way to Distribution after a 39% slide in 5 weeks
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
The full research record, in depth, below
This name holds its markdown label.
Lightwave Logic, Inc. holds its Markdown at $4.01. Elevated stress, defensive posture warranted, held for 37 days.
| Phase | Markdown · caution |
| Quantitative state | Elevated stress, defensive posture warranted, held for 37 days |
| Price at the screen | $4.01 |
| Valuation | N/A trailing · -21.53 forward price to earnings |
| Values screen | FAIL · score 98.8 |
| Beta | 2.41 |
Five Screens, Shown in Full
Does not pass. Interest/revenue 355.7%
| Test | Figure | Limit | What it means | Status |
|---|---|---|---|---|
| Business activity | Permissible | Core business clean | Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending. | Pass |
| Debt load | 0.12% | Below 33% | Interest-bearing debt is just 0.1% of its assets, well under the one-third ceiling: it does not run on borrowed money. | Pass |
| Interest-bearing cash | 3.07% | Below 33% | Cash held in interest-bearing accounts and securities is 3.1% of assets, under the one-third limit. | Pass |
| Receivables | 0.00% | Below 49% | Money owed to the company is 0.0% of assets, under the 49% limit. | Pass |
| Revenue purity | 355.68% | Below 5% | 355.7% of revenue comes from non-compliant sources, over the 5% line. | Fail |
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical ReadWhy It Falls Short, in Plain English
Lightwave Logic, does not pass the ethical screen. The binding factor is interest/revenue 355.7%.
Read as at 2026-10-29. It updates when the underlying figures move, and past reads are kept below.
2026-09-24
Clears
Lightwave Logic, clears all five screens. Its business is in a permissible area, its debt is near-nil, and almost none of its income is interest, so it passes.
Earlier reads, kept as written. The ethical profile is tracked over time, not overwritten.
Follow this verdict
Get an email when LWLG's ethical verdict changes
Today LWLG does not pass the screen. If new figures move it to a pass, we send you one short email with the before and after. Verdicts change rarely, so you may not hear from us for a long time.
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The Fair Value Range
Our analysis reads FAIR VALUE: it trades at roughly a 35% discount to our $5.41 fair value, 27.90% revenue growth.
Fair value range in USD, drawn from the 2026-10-23 screen. The gold marker is the market price at the same screen. A 35.0% margin of safety to the base estimate.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & ProjectionsWhere it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-10-23 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain WordsWhy it is worth knowing
A quality business. It trades close to our $5.41 fair value, so the easy discount is gone; you would be paying up for the quality.
| Forward P/E | -21.5x |
| EPS, trailing | -0.17 |
| EPS, forward | -0.20 |
| Revenue growth | +27.9%strong top-line growth |
| Profit margin | 0.0%currently unprofitable |
| Return on equity | -35.4%not currently earning a positive return on equity |
| FCF yield | -1.65% |
| Debt to equity | 2.40heavy leverage: higher risk if revenue softens |
| Current ratio | 62.84comfortably covers its short-term bills |
| Beta | 2.41much more volatile than the market |
| Short interest, float | 0.17% |
| 52-week range | 2.84 - 18.71 |
| Market cap | $664M |
| Employees | 34 |
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; it already moves more than the market on an average day; it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to TradeLWLG trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
Every Entry, As Written
2026-10-25
Markdown $4.20
+0.0% Entry 9
The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading bearish. Over the past year the shares are up 622%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
2026-10-18
Markdown · changed $4.20
-20.5% Entry 8
The framework has shifted from accumulation to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 20.5% since our last review. Ethical screening: PASS with near-perfect ethical score. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it D. Technically it is holding around 104% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 622%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
2026-10-11
Accumulation · changed $5.28
+0.0% Entry 7
The framework has shifted from markdown to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with near-perfect ethical score. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 104% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 622%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
2026-10-02
Markdown $5.28
-15.4% Entry 6
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 15.4% since our last review. Ethical screening: PASS with near-perfect ethical score. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 104% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 622%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
2026-09-04
Markdown · changed $6.24
+0.2% Entry 5
The framework has shifted from distribution to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved up 0.2% since our last review. Ethical screening: PASS with near-perfect ethical score. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 104% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 622%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
2026-08-04
Distribution · changed $6.23
-38.6% Entry 4
The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 38.6% since our last review. Ethical screening: PASS with near-perfect ethical score. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 104% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 622%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
2026-07-18
Markup $10.14
+0.0% Entry 3
Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with near-perfect ethical score. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 104% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 622%. Our forward projection puts the odds of a 10% gain over the next month near 41%.
2026-07-03
Markup $10.14
+0.0% Entry 2
Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with near-perfect ethical score (99). The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02
Markup $10.14
Entry 1
Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with near-perfect ethical score (99). The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
- Lightwave Logic Appoints Edward H. Kennedy to Board as Commercial Strategy Advances Yahoo Finance · 29 Sep 2026
- Lightwave Logic, Inc. Appoints Edward H. Kennedy to its Board of Directors Yahoo Finance · 29 Sep 2026
- Lightwave Logic, Inc. to Attend the 2026 European Conference on Optical Communication (ECOC) & Global Photonics Economic Forum (GPEF) Yahoo Finance · 16 Sep 2026
- Lightwave Logic's (LWLG) Rising Sales But Wider Losses: What Does This Say About Its Path To Scale? Simply Wall St. · 19 Aug 2026
- Lightwave Logic's (LWLG) Rising Sales But Wider Losses: What Does This Say About Its Path To Scale? Yahoo Finance · 19 Aug 2026
Headlines from third-party outlets, linked for reference: not our reporting, not advice.
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| Date | Insider | Title | Type | Shares | Value |
|---|---|---|---|---|---|
| 2026-04-28 | BUCCHI RONALD A | Director | 100,000 | · | |
| 2026-04-07 | EL-AHMADI SIRAJ NOUR | Director | 54,536 | $423,199 | |
| 2026-04-06 | CONNELLY THOMAS M JR | Director | 9,000 | $76,680 | |
| 2026-04-01 | BUCCHI RONALD A | Director | 11,000 | $76,120 | |
| 2026-04-01 | PARTRIDGE LAILA | Director | 11,000 | $75,240 | |
| 2026-04-01 | CIESLA CRAIG | Director | 11,000 | $74,910 | |
| 2026-03-31 | CONNELLY THOMAS M JR | Director | 20,161 | · | |
| 2026-03-31 | BUCCHI RONALD A | Director | 20,161 | · | |
| 2026-03-31 | EL-AHMADI SIRAJ NOUR | Director | 20,161 | · | |
| 2026-03-31 | PARTRIDGE LAILA | Director | 20,161 | · |
Public filings, recorded as found. The full tape lives at Insider Intelligence.
| Period | Price then | Price return | Divs per share | $1,000 became | Total return |
|---|---|---|---|---|---|
| 1 month | $16.86 | -44.4% | · | $556 | -44.4% |
| 2 months | $10.60 | -11.5% | · | $885 | -11.5% |
| 3 months | $7.08 | +32.5% | · | $1,325 | +32.5% |
| 6 months | $4.35 | +115.6% | · | $2,156 | +115.6% |
| 1 year | $1.30 | +621.5% | · | $7,215 | +621.5% |
| 2 years | $2.72 | +244.8% | · | $3,448 | +244.8% |
| 3 years | $7.94 | +18.1% | · | $1,181 | +18.1% |
| 5 years | $4.27 | +119.7% | · | $2,197 | +119.7% |
Historical returns from market close data. Past performance does not guarantee future results.
This entry now belongs to the ledger. Whatever LWLG does next, these words stay.
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