IPG Photonics (NASDAQ:IPGP) Issues Earnings Results

Posted by George Bondi on May 5th, 2026

IPG Photonics (NASDAQ:IPGP – Get Free Report) announced its earnings results on Tuesday. The semiconductor company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03), FiscalAI reports. The company had revenue of $265.50 million for the quarter, compared to the consensus estimate of $256.99 million. IPG Photonics had a return on equity of 2.89% and a net margin of 3.10%.The firm’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.09 EPS. IPG Photonics updated its Q2 2026 guidance to 0.250-0.550 EPS.

Here are the key takeaways from IPG Photonics’ conference call:

Company reported Q1 revenue of $265 million, up 17% year‑over‑year, with total bookings strong and book‑to‑bill >1 for the second consecutive quarter, and adjusted EPS beat expectations at $0.29.
Industrial solutions (86% of sales) grew 21% YoY driven by welding and cutting—notably demand from battery manufacturing and stationary storage—and continued momentum in systems/subsystems sales.
Advanced solutions showed traction in medical (large backlog and expected new product approvals in 2026–2027), semiconductor, and defense, including a $10 million Lockheed CROSSBOW follow‑on order with shipments starting in Q2.
Margins face headwinds from an ongoing tariff impact of roughly 150 basis points, higher underabsorbed costs and a $13.5 million TRUMPF settlement included in OpEx; management reiterated Q2 guidance of $260–290M revenue and adjusted gross margin of 37–40% but warned of tougher H2 2026 comps.
Balance sheet remains healthy with $813 million in cash/short‑term investments and no debt, while FY CapEx is budgeted at $90–100M (Q1 CapEx below run‑rate due to timing of a German fiber facility investment).

IPG Photonics Trading Down 24.9%

IPGP stock traded down $30.44 during midday trading on Tuesday, hitting $91.89. The stock had a trading volume of 1,311,104 shares, compared to its average volume of 522,004. The firm has a market capitalization of $3.90 billion, a price-to-earnings ratio of 124.22, a P/E/G ratio of 3.01 and a beta of 0.97. IPG Photonics has a 52 week low of $51.77 and a 52 week high of $155.82. The stock has a 50-day simple moving average of $121.55 and a 200 day simple moving average of $99.34.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on IPGP. Stifel Nicolaus upped their target price on IPG Photonics from $92.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of IPG Photonics in a research report on Friday, March 27th. Wall Street Zen raised IPG Photonics from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Roth Mkm upped their target price on IPG Photonics from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Finally, Raymond James Financial cut IPG Photonics from a “strong-buy” rating to an “outperform” rating and upped their target price for the stock from $97.00 to $180.00 in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, IPG Photonics currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.40.

Get Our Latest Research Report on IPG Photonics

Insider Buying and Selling

In related news, CAO Mary E. Buttarazzi sold 500 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $116.22, for a total value of $58,110.00. Following the completion of the transaction, the chief accounting officer directly owned 4,749 shares of the company’s stock, valued at $551,928.78. This trade represents a 9.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 37.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of IPGP. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of IPG Photonics by 20.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,024 shares of the semiconductor company’s stock valued at $2,541,000 after acquiring an additional 6,741 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of IPG Photonics by 0.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 87,469 shares of the semiconductor company’s stock valued at $5,523,000 after acquiring an additional 744 shares during the period. Jane Street Group LLC lifted its holdings in shares of IPG Photonics by 79.4% during the first quarter. Jane Street Group LLC now owns 122,105 shares of the semiconductor company’s stock valued at $7,710,000 after acquiring an additional 54,026 shares during the period. Prudential Financial Inc. bought a new position in shares of IPG Photonics during the second quarter valued at $205,000. Finally, Invesco Ltd. lifted its holdings in shares of IPG Photonics by 0.3% during the second quarter. Invesco Ltd. now owns 105,525 shares of the semiconductor company’s stock valued at $7,244,000 after acquiring an additional 272 shares during the period. 93.79% of the stock is owned by institutional investors.

IPG Photonics Company Profile

(Get Free Report)

IPG Photonics Corporation is a global leader in the design and manufacture of high-performance fiber lasers and amplifiers used in industrial, medical, scientific, and telecommunications applications. The company’s core products include ytterbium and erbium fiber lasers, diode lasers, and fiber amplifiers that deliver high power and efficiency for precision cutting, welding, marking, and engraving. IPG’s systems are engineered to optimize process speed, reliability, and energy consumption, making them a preferred choice for advanced manufacturing environments.

In addition to stand-alone laser sources, IPG offers turnkey laser systems and integrated solutions tailored to sectors such as automotive, electronics, aerospace, additive manufacturing, and life sciences.