IPG Photonics Corporation (NASDAQ:IPGP) Stock Has Average Target Price of $142.60 According to Brokerages

IPG Photonics Corporation (NASDAQ:IPGP) has earned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $142.60.

IPGP has been the topic of several research analyst reports. Needham & Company LLC lifted their target price on IPG Photonics from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Citigroup reduced their price target on IPG Photonics from $150.00 to $137.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a report on Monday, September 21st.

Insiders Place Their Bets

In related news, major shareholder Valentin Gapontsev Trust I sold 56,316 shares of the stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $102.31, for a total value of $5,761,689.96. Following the completion of the sale, the insider owned 6,670,283 shares in the company, valued at approximately $682,436,653.73. This trade represents a 0.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John R. Peeler bought 2,710 shares of the stock in a transaction dated Wednesday, August 26th. The stock was acquired at an average price of $73.58 per share, with a total value of $199,401.80. Following the completion of the purchase, the director owned 20,886 shares of the company’s stock, valued at $1,536,791.88. This represents a 14.91% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold 160,959 shares of company stock valued at $14,754,428 in the last three months. 37.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Krilogy Financial LLC raised its stake in shares of IPG Photonics by 27.1% during the third quarter. Krilogy Financial LLC now owns 3,181 shares of the semiconductor company’s stock worth $242,000 after buying an additional 679 shares during the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI raised its stake in IPG Photonics by 2.9% during the 3rd quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 98,658 shares of the semiconductor company’s stock worth $7,723,000 after buying an additional 2,754 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of IPG Photonics by 83.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 524 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 239 shares in the last quarter. Byrne Asset Management LLC lifted its stake in IPG Photonics by 13.8% in the third quarter. Byrne Asset Management LLC now owns 1,348 shares of the semiconductor company’s stock valued at $113,000 after buying an additional 163 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of IPG Photonics by 42.2% in the 3rd quarter. Versant Capital Management Inc now owns 495 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 147 shares during the period. Institutional investors and hedge funds own 93.79% of the company’s stock.

IPG Photonics Stock Performance

IPG Photonics stock opened at $75.85 on Friday. The firm has a market cap of $3.23 billion, a price-to-earnings ratio of 45.27, a price-to-earnings-growth ratio of 1.83 and a beta of 0.97. The firm’s 50 day moving average price is $79.30 and its two-hundred day moving average price is $99.39. IPG Photonics has a 1 year low of $69.41 and a 1 year high of $155.82.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.21. IPG Photonics had a return on equity of 3.39% and a net margin of 2.58%. The firm had revenue of $278.58 million for the quarter, compared to the consensus estimate of $279.98 million. During the same quarter in the previous year, the company earned $0.16 EPS. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. As a group, equities analysts predict that IPG Photonics will post 1.86 EPS for the current fiscal year.

About IPG Photonics

IPG Photonics Corporation (NASDAQ: IPGP) develops and manufactures high-performance fiber lasers and related optical systems. Its products include fiber, diode, solid-state, ultrafast and pulsed lasers, as well as optical amplifiers, beam-delivery systems and other components used in industrial and specialized applications.

The company’s laser technologies are used for materials processing, including cutting, welding, marking, engraving, drilling, cladding and additive manufacturing. IPG Photonics also supplies systems and solutions for applications in communications, medical technology, scientific research, entertainment and other markets that require precision light sources.

Founded in 1990 by physicist Valentin Gapontsev, IPG Photonics is headquartered in Oxford, Massachusetts.