IPG Photonics Corporation (NASDAQ:IPGP) Receives $75.00 Average Price Target from Brokerages

Shares of IPG Photonics Corporation (NASDAQ:IPGP) have been assigned an average rating of “Hold” from the nine ratings firms that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $75.00.

Several analysts recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of IPG Photonics in a research note on Saturday, September 27th. Sanford C. Bernstein raised IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 price target for the company in a report on Thursday, August 7th. Finally, Wall Street Zen upgraded shares of IPG Photonics from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th.

Insider Transactions at IPG Photonics

In related news, SVP Trevor Ness sold 1,678 shares of the company’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $82.64, for a total transaction of $138,669.92. Following the transaction, the senior vice president directly owned 40,565 shares of the company’s stock, valued at approximately $3,352,291.60. The trade was a 3.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jeanmarie F. Desmond sold 1,360 shares of the firm’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $76.24, for a total transaction of $103,686.40. Following the completion of the sale, the director owned 9,740 shares in the company, valued at $742,577.60. This represents a 12.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 138,083 shares of company stock valued at $11,219,383 over the last ninety days. Insiders own 39.50% of the company’s stock.

Institutional Investors Weigh In On IPG Photonics

Institutional investors have recently bought and sold shares of the company. Alliancebernstein L.P. raised its position in shares of IPG Photonics by 1,918.3% in the first quarter. Alliancebernstein L.P. now owns 1,429,241 shares of the semiconductor company’s stock valued at $90,242,000 after buying an additional 1,358,428 shares in the last quarter. Lazard Asset Management LLC lifted its holdings in IPG Photonics by 81.3% during the 2nd quarter. Lazard Asset Management LLC now owns 1,899,461 shares of the semiconductor company’s stock worth $130,397,000 after purchasing an additional 851,869 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in IPG Photonics by 85.8% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,774,660 shares of the semiconductor company’s stock worth $121,830,000 after acquiring an additional 819,575 shares during the last quarter. M&G PLC raised its position in IPG Photonics by 263.9% during the second quarter. M&G PLC now owns 600,020 shares of the semiconductor company’s stock valued at $41,401,000 after purchasing an additional 435,122 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of IPG Photonics by 188.6% in the 1st quarter. AQR Capital Management LLC now owns 636,804 shares of the semiconductor company’s stock worth $40,208,000 after acquiring an additional 416,186 shares during the last quarter. Institutional investors own 93.79% of the company’s stock.

IPG Photonics Stock Performance

IPGP opened at $84.66 on Wednesday. IPG Photonics has a fifty-two week low of $48.59 and a fifty-two week high of $88.50. The company has a fifty day moving average of $79.82 and a 200 day moving average of $70.06. The stock has a market capitalization of $3.57 billion, a price-to-earnings ratio of -17.28, a PEG ratio of 23.47 and a beta of 0.98.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.10 by $0.20. The business had revenue of $250.72 million during the quarter, compared to analyst estimates of $228.20 million. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The company’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.45 EPS. IPG Photonics has set its Q3 2025 guidance at 0.050-0.350 EPS. On average, equities research analysts forecast that IPG Photonics will post 1.54 earnings per share for the current year.

IPG Photonics Company Profile

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. Its 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.