A laser target pointer comprises a case, a lighting module, a laser module, an operating module, an adjustment mechanism and a magnetic switch. The adjustment mechanism is equipped with a biaxial pivoting mechanism to adjust the position of the laser aiming point of the laser module. The magnetic switch can be magnetically attracted and detachably connected with a contact block and electrically connected to the laser target pointer. The power of the laser target pointer can be conveniently turned on or off by operating the magnetic switch. The lighting module comprises a plurality of invisible light emitting diodes having different divergence angles in order to provide different irradiation distances. The operating module comprises a plurality of luminous patterns each corresponding to an operation function, such that the user can clearly and quickly identify which one of the operation functions is currently enabled.