In the past decade, lead halide perovskites have emerged as potential optoelectronic materials in the fields of light-emitting diode, solar cell, photodetector, and laser, due to their low-cost synthesis method, tunable bandgap, high quantum yield, large absorption, gain coefficient, and low trap-state densities. In this review, we present a comprehensive discussion of lead halide perovskite applications, with an emphasis on recent advances in synthetic strategies, morphology control, and lasing performance. In particular, the synthetic strategies of solution and vapor progress and the morphology control of perovskite nanocrystals are reviewed. Furthermore, we systematically discuss the latest development of perovskite laser with various fundamental performances, which are highly dependent on the dimension and size of nanocrystals. Finally, considering current challenges and perspectives on the development of lead halide perovskite nanocrystals, we provide an outlook on achieving high-quality lead perovskite lasers and expanding their practical applications.