IPG Photonics Corporation (NASDAQ:IPGP) Receives $78.50 Average Target Price from Brokerages

Shares of IPG Photonics Corporation (NASDAQ:IPGP) have received an average rating of “Hold” from the ten brokerages that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $78.50.

A number of brokerages have issued reports on IPGP. Sanford C. Bernstein raised shares of IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 target price for the company in a research note on Thursday, August 7th. Roth Capital set a $96.00 price target on shares of IPG Photonics and gave the company a “buy” rating in a report on Monday, October 6th. Weiss Ratings restated a “sell (d)” rating on shares of IPG Photonics in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of IPG Photonics from a “sell” rating to a “hold” rating in a report on Saturday, August 9th.

IPG Photonics Stock Performance

IPG Photonics stock opened at $87.01 on Friday. The company has a 50 day moving average price of $82.87 and a 200 day moving average price of $73.19. IPG Photonics has a 52 week low of $48.59 and a 52 week high of $90.29. The firm has a market capitalization of $3.67 billion, a price-to-earnings ratio of -17.76, a P/E/G ratio of 24.15 and a beta of 0.98.

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

Insiders Place Their Bets

In other news, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the firm’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $82.10, for a total transaction of $2,873,500.00. Following the transaction, the insider owned 6,849,837 shares in the company, valued at approximately $562,371,617.70. This trade represents a 0.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Valentin Gapontsev Trust I sold 52,320 shares of the firm’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $80.71, for a total transaction of $4,222,747.20. Following the transaction, the insider owned 7,073,279 shares in the company, valued at $570,884,348.09. This represents a 0.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 274,630 shares of company stock worth $22,881,519 in the last 90 days. 39.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IPGP. Alliancebernstein L.P. raised its holdings in IPG Photonics by 1,918.3% in the 1st quarter. Alliancebernstein L.P. now owns 1,429,241 shares of the semiconductor company’s stock worth $90,242,000 after acquiring an additional 1,358,428 shares during the period. Lazard Asset Management LLC raised its holdings in IPG Photonics by 81.3% in the 2nd quarter. Lazard Asset Management LLC now owns 1,899,461 shares of the semiconductor company’s stock worth $130,397,000 after acquiring an additional 851,869 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its holdings 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 period. M&G PLC raised its holdings in IPG Photonics by 263.9% in the 2nd quarter. M&G PLC now owns 600,020 shares of the semiconductor company’s stock worth $41,401,000 after acquiring an additional 435,122 shares during the period. Finally, AQR Capital Management LLC raised its holdings in 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 period. Institutional investors own 93.79% of the company’s stock.

About IPG Photonics

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.