Citigroup Cuts IPG Photonics (NASDAQ:IPGP) Price Target to $137.00

IPG Photonics (NASDAQ:IPGP) had its target price decreased by stock analysts at Citigroup from $150.00 to $137.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the semiconductor company’s stock. Citigroup’s price target indicates a potential upside of 59.49% from the stock’s previous close.

A number of other brokerages also recently commented on IPGP. Zacks Research downgraded shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Stifel Nicolaus lowered their target price on shares of IPG Photonics from $165.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Roth Capital reiterated a “buy” rating and set a $151.00 price target on shares of IPG Photonics in a research note on Tuesday, May 19th. Wall Street Zen cut shares of IPG Photonics from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of IPG Photonics in a research report on Wednesday, June 24th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, IPG Photonics currently has an average rating of “Moderate Buy” and an average price target of $142.60.

IPG Photonics Price Performance

Shares of NASDAQ:IPGP traded up $1.01 during trading on Tuesday, reaching $85.90. The company had a trading volume of 152,494 shares, compared to its average volume of 511,533. The firm has a market capitalization of $3.65 billion, a price-to-earnings ratio of 131.76, a price-to-earnings-growth ratio of 2.44 and a beta of 0.96. The stock’s fifty day moving average price is $104.03 and its 200 day moving average price is $111.92. IPG Photonics has a fifty-two week low of $71.38 and a fifty-two week high of $155.82.

IPG Photonics (NASDAQ:IPGP) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.37 by $0.21. IPG Photonics had a return on equity of 3.39% and a net margin of 2.58%.The business had revenue of $278.58 million during the quarter, compared to analysts’ expectations of $279.98 million. During the same quarter in the prior year, the business earned $0.16 earnings per share. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. On average, equities analysts anticipate that IPG Photonics will post 1.78 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Eugene A. Scherbakov sold 1,524 shares of IPG Photonics stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $86.61, for a total value of $131,993.64. Following the transaction, the director owned 48,210 shares of the company’s stock, valued at $4,175,468.10. The trade was a 3.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Fibre Devices Ltd Ip sold 18,111 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $96.12, for a total transaction of $1,740,829.32. Following the completion of the sale, the insider owned 6,405,989 shares in the company, valued at $615,743,662.68. The trade was a 0.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 195,553 shares of company stock worth $19,628,286 in the last ninety days. Insiders own 37.50% of the company’s stock.

Institutional Trading of IPG Photonics

Large investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of IPG Photonics by 20.9% in 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 buying an additional 6,741 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of IPG Photonics by 0.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 87,469 shares of the semiconductor company’s stock worth $5,523,000 after acquiring an additional 744 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of IPG Photonics by 79.4% during the 1st quarter. Jane Street Group LLC now owns 122,105 shares of the semiconductor company’s stock worth $7,710,000 after acquiring an additional 54,026 shares in the last quarter. Prudential Financial Inc. acquired a new position in shares of IPG Photonics in the 2nd quarter worth $205,000. Finally, Invesco Ltd. grew its holdings in shares of IPG Photonics by 0.3% in the 2nd quarter. Invesco Ltd. now owns 105,525 shares of the semiconductor company’s stock worth $7,244,000 after acquiring an additional 272 shares during the last quarter. 93.79% of the stock is currently owned by institutional investors.

About IPG Photonics

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.