HC Wainwright Raises LightPath Technologies (NASDAQ:LPTH) Price Target to $15.00

LightPath Technologies (NASDAQ:LPTH) had its price target raised by analysts at HC Wainwright from $10.00 to $15.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. HC Wainwright’s price target points to a potential upside of 30.21% from the stock’s previous close. HC Wainwright also issued estimates for LightPath Technologies’ Q4 2026 earnings at $0.00 EPS.

Several other equities analysts have also commented on the stock. LADENBURG THALM/SH SH raised shares of LightPath Technologies to a “strong-buy” rating in a report on Thursday, December 18th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of LightPath Technologies in a research note on Thursday, January 22nd. Canaccord Genuity Group began coverage on LightPath Technologies in a research note on Thursday, January 29th. They issued a “buy” rating and a $15.00 target price for the company. Wall Street Zen cut LightPath Technologies from a “hold” rating to a “sell” rating in a report on Saturday, January 31st. Finally, Lake Street Capital lifted their price target on LightPath Technologies from $10.00 to $14.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $12.10.

LightPath Technologies Stock Performance

Shares of NASDAQ LPTH opened at $11.52 on Thursday. The stock’s 50-day moving average is $10.60 and its 200 day moving average is $7.91. The stock has a market cap of $664.82 million, a price-to-earnings ratio of -22.15 and a beta of 0.97. LightPath Technologies has a 1-year low of $1.61 and a 1-year high of $15.24. The company has a current ratio of 3.97, a quick ratio of 1.26 and a debt-to-equity ratio of 0.01.

Insider Buying and Selling

In related news, Director Run Strategic Opportunit North sold 770,321 shares of LightPath Technologies stock in a transaction on Monday, January 5th. The shares were sold at an average price of $11.72, for a total value of $9,028,162.12. Following the sale, the director owned 2,728,968 shares in the company, valued at $31,983,504.96. The trade was a 22.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 24.80% of the stock is owned by insiders.

Institutional Investors Weigh In On LightPath Technologies

Several institutional investors and hedge funds have recently modified their holdings of LPTH. Jane Street Group LLC increased its position in shares of LightPath Technologies by 92.1% during the first quarter. Jane Street Group LLC now owns 60,612 shares of the technology company’s stock valued at $122,000 after buying an additional 29,054 shares during the period. Thompson Davis & CO. Inc. bought a new stake in LightPath Technologies during the 2nd quarter valued at approximately $137,000. J.W. Cole Advisors Inc. purchased a new position in shares of LightPath Technologies during the 2nd quarter worth approximately $79,000. Marathon Capital Management purchased a new position in shares of LightPath Technologies during the 2nd quarter worth approximately $54,000. Finally, Mink Brook Asset Management LLC bought a new position in shares of LightPath Technologies in the 2nd quarter worth approximately $246,000. 56.29% of the stock is owned by hedge funds and other institutional investors.

About LightPath Technologies

LightPath Technologies, Inc designs, manufactures and distributes precision optical components and assemblies for a variety of commercial, industrial, defense and scientific applications. The company’s portfolio includes molded glass aspheric lenses, precision glass optics, infrared lenses and assemblies, diamond-turned optics and molded polymer optics. These components are engineered to support imaging, illumination, laser delivery, detection and sensing systems across visible, ultraviolet and infrared wavelengths.

Among its core offerings, LightPath develops infrared optical solutions using materials such as germanium, zinc selenide and chalcogenide glasses for thermal imaging, night-vision devices and spectroscopy.