From what 4 stock analysts predict, the share price for IPG Photonics Corp (IPGP) might increase by 34.16% in the next year. This is based on a 12-month average estimation for IPGP. Price targets go from $91.00 to $130.00. The majority of stock analysts believe IPGP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 4 Wall Street analysts have assigned IPGP 3 buy ratings, 0 hold ratings, and 1 sell ratings. This means that analysts expect IPG Photonics Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on IPGP. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
scott graham Seaport Global | Buy | $112.0 | maintained | Feb 15, 2024 |
james ricchiuti Needham | Hold | None | maintained | Feb 13, 2024 |
michael feniger Bank of America Securities | Sell | $91.0 | maintained | Jan 19, 2024 |
ruben roy Stifel Nicolaus | Buy | $130.0 | maintained | Jan 2, 2024 |
tore svanberg Stifel Nicolaus | Buy | $130.0 | maintained | Jan 2, 2024 |
mark miller Benchmark Co. | Buy | $127.0 | rated | Nov 1, 2023 |
jamie wang Citi | Hold | $111.0 | downgraded | Aug 18, 2023 |
brian gesuale Raymond James | Buy | $170.0 | maintained | Aug 2, 2023 |
jay huang Bernstein | Hold | $124.0 | maintained | Feb 16, 2023 |
eric lau Citigroup | Buy | $160.0 | maintained | Feb 15, 2023 |
thomas diffely D.A. Davidson | Hold | None | rated | Jan 20, 2023 |
jed dorsheimer William Blair | Hold | None | rated | Aug 30, 2022 |
patrick ho Stifel Nicolaus | Buy | $160.0 | maintained | Aug 3, 2022 |
paretosh misra Berenberg Bank | Buy | $180.0 | maintained | May 10, 2022 |
jonathan dorsheimer Canaccord Genuity | Hold | $193.0 | maintained | Nov 3, 2021 |
john marchetti Stifel Nicolaus | Hold | $190.0 | maintained | Aug 4, 2021 |
alex chang Citigroup | Buy | $250.3 | maintained | Dec 21, 2020 |
tom hayes Northcoast Research | Buy | None | upgraded | Nov 3, 2020 |
troy jensen Lake Street | Hold | $150.0 | maintained | May 5, 2020 |
david ryzhik Susquehanna | Hold | $127.0 | maintained | Jul 31, 2019 |
IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. The company's laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks; and ytterbium and thulium specialty fiber amplifiers and broadband light sources. In addition, the company offers integrated laser systems; 2D compact flat sheet cutter systems and multi-axis systems; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems; and optical transceiver and transponder modules for data center, optical, and communications network of oil and gas utilities. Its laser solutions are also used in materials processing, communications, and medical and advanced applications. The company markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. IPG Photonics Corporation was founded in 1990 and is headquartered in Oxford, Massachusetts.
When did it IPO
2006
Staff Count
6,230
Country
United States
Sector/Industry
Technology/Semiconductor Equipment & Materials
CEO
Dr. Eugene A. Scherbakov Ph.D.
Market Cap
$4.01B
In 2023, IPGP generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that IPGP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
$48.92
FOLD-USD
$13.56
LNTH-USD
$57.46
ACAD-USD
$24.85
PGNY-USD
$40.78
EXPO-USD
$76.86