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IPGP

IPG Photonics Corporation

IPGP

NASDAQ·Technology·Semiconductors·Mkt cap $4.9B

$104.85

-8.36%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$71.02 - $155.82

P/E

149.79

Fwd P/E

82.53

Beta

0.95

Div Yield

0.00%

Avg Vol

533.4K

Shares Out

42.4M

Mkt Cap

$4.9B

Price action

Price chart

Up 55.9% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Proprietary fiber laser technology and patents
  • Vertical integration and manufacturing expertise
  • Strong relationships with OEMs and system integrators
  • Diversified application portfolio across industries

Bear Case

2 risks

  • Average volatility.
  • Significant premium - growth priced in

Growth

Stable outlook

Increasing adoption of laser technology in manufacturing automation

Value

Significant premium - growth priced in

Momentum

Stable

+0.4% over 3m

Quality

Stable

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Aug 4, 2026

Q2 26 RECAP

MAY 5, 2026

Reported EPS of $0.04 vs $0.32 consensus (-87.5% surprise). Revenue of $265.5M vs $257.0M expected (+3.3%).

EPS miss
Rev beat +3.3%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-87.5%

Next: Aug 4, 2026

Revenue trend · last 8Q

-10%

-3%

+8%

+17%

+17%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$257.6M

$233.1M

$234.3M

$227.8M

$250.7M

$250.8M

$274.5M

$265.5M

Margins · last 8Q

Gross

Operating

Profit

0.6%

Wall Street consensus

4 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

4

100%

Hold

0%

Sell

0%

Median Price Target

$130.50

+24.5% vs $104.85

Low $110.00
Median $130.50
High $151.00

Latest: Roth Capital · $151.00 · May 19, 2026

2 analysts covering

vs Industry

How IPGP stacks vs Semiconductors

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.