LightPath Technologies (NASDAQ:LPTH) Shares Gap Up – Still a Buy?

Posted by Geri Gentry on Oct 29th, 2026

LightPath Technologies, Inc. (NASDAQ:LPTH – Get Free Report)’s share price gapped up prior to trading on Tuesday. The stock had previously closed at $7.43, but opened at $7.95. LightPath Technologies shares last traded at $7.90, with a volume of 423,408 shares changing hands.

Wall Street Analyst Weigh In

A number of brokerages have commented on LPTH. Canaccord Genuity Group dropped their target price on shares of LightPath Technologies from $16.50 to $15.50 and set a “buy” rating on the stock in a research note on Tuesday, September 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of LightPath Technologies in a research note on Thursday, October 15th. Wall Street Zen downgraded LightPath Technologies from a “hold” rating to a “sell” rating in a report on Sunday, September 20th. Finally, Piper Sandler decreased their target price on LightPath Technologies from $15.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $13.70.

Get Our Latest Stock Report on LightPath Technologies

LightPath Technologies Trading Down 1.1%

The firm has a market cap of $579.90 million, a PE ratio of -20.70 and a beta of 1.38. The business’s 50-day simple moving average is $9.96 and its 200 day simple moving average is $11.97.

Institutional Investors Weigh In On LightPath Technologies

Institutional investors have recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. acquired a new stake in LightPath Technologies in the second quarter valued at approximately $71,000. Royal Bank of Canada grew its holdings in LightPath Technologies by 707.2% in the first quarter. Royal Bank of Canada now owns 9,565 shares of the technology company’s stock worth $96,000 after purchasing an additional 8,380 shares during the last quarter. PVG Asset Management Corp purchased a new position in LightPath Technologies in the first quarter worth $108,000. Granite Investment Partners LLC purchased a new position in LightPath Technologies in the first quarter worth $123,000. Finally, Round Rock Advisors LLC increased its position in shares of LightPath Technologies by 59.5% during the second quarter. Round Rock Advisors LLC now owns 30,691 shares of the technology company’s stock worth $502,000 after purchasing an additional 11,452 shares in the last quarter. Institutional investors own 56.29% of the company’s stock.

About LightPath Technologies

(Get Free Report)

LightPath Technologies, Inc is a photonics and optics manufacturer that develops, manufactures, and distributes precision optical components, assemblies, and imaging systems. The company’s products are designed for applications that require the control, transmission, or detection of light across visible, near-infrared, and infrared wavelengths.

Its product portfolio includes precision-molded glass aspheric lenses, infrared optics, coated optical components, custom optical assemblies, and thermal imaging solutions.