IPG Photonics Corporation (NASDAQ:IPGP) Stock Rated “Moderate Buy” by Sell-Side Brokerages

IPG Photonics Corporation (NASDAQ:IPGP) has been assigned an average rating of “Moderate Buy” from the eight research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $142.60.

IPGP has been the topic of several analyst reports. Citigroup cut their target price on IPG Photonics from $150.00 to $137.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Needham & Company LLC increased their price objective on shares of IPG Photonics from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research note on Monday, September 21st.

Insiders Place Their Bets

In related news, Director Eugene A. Scherbakov sold 3,048 shares of IPG Photonics stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $85.30, for a total transaction of $259,994.40. Following the sale, the director directly owned 45,162 shares in the company, valued at approximately $3,852,318.60. This trade represents a 6.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Fibre Devices Ltd Ip sold 27,000 shares of the business’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $85.81, for a total value of $2,316,870.00. Following the completion of the transaction, the insider directly owned 6,436,302 shares in the company, valued at approximately $552,299,074.62. This represents a 0.42% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 160,959 shares of company stock valued at $14,754,428. Insiders own 37.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IPGP. BlackRock Inc. bought a new position in shares of IPG Photonics during the 2nd quarter worth $334,429,000. State Street Corp lifted its stake in shares of IPG Photonics by 11.0% during the 2nd quarter. State Street Corp now owns 909,287 shares of the semiconductor company’s stock valued at $106,678,000 after buying an additional 90,028 shares in the last quarter. Segall Bryant & Hamill LLC lifted its stake in shares of IPG Photonics by 11.1% during the 1st quarter. Segall Bryant & Hamill LLC now owns 469,471 shares of the semiconductor company’s stock valued at $53,797,000 after buying an additional 46,935 shares in the last quarter. Legal & General Group Plc bought a new position in IPG Photonics in the 2nd quarter worth approximately $35,113,000. Finally, Emerald Advisers LLC boosted its holdings in IPG Photonics by 49.4% in the 1st quarter. Emerald Advisers LLC now owns 304,916 shares of the semiconductor company’s stock worth $34,940,000 after buying an additional 100,866 shares during the period. 93.79% of the stock is owned by institutional investors.

IPG Photonics Stock Performance

Shares of IPG Photonics stock opened at $71.01 on Friday. The stock has a 50 day moving average price of $78.30 and a two-hundred day moving average price of $98.59. IPG Photonics has a 52 week low of $69.41 and a 52 week high of $155.82. The stock has a market capitalization of $3.02 billion, a PE ratio of 109.25, a price-to-earnings-growth ratio of 1.71 and a beta of 0.97.

IPG Photonics (NASDAQ:IPGP) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.21. The business had revenue of $278.58 million during the quarter, compared to analyst estimates of $279.98 million. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. IPG Photonics’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.16 EPS. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. Research analysts forecast that IPG Photonics will post 1.86 EPS for the current year.

IPG Photonics Company Profile

IPG Photonics Corporation (NASDAQ: IPGP) develops and manufactures high-performance fiber lasers and related optical systems. Its products include fiber, diode, solid-state, ultrafast and pulsed lasers, as well as optical amplifiers, beam-delivery systems and other components used in industrial and specialized applications.

The company’s laser technologies are used for materials processing, including cutting, welding, marking, engraving, drilling, cladding and additive manufacturing. IPG Photonics also supplies systems and solutions for applications in communications, medical technology, scientific research, entertainment and other markets that require precision light sources.

Founded in 1990 by physicist Valentin Gapontsev, IPG Photonics is headquartered in Oxford, Massachusetts.