Analysts Set IPG Photonics Corporation (NASDAQ:IPGP) Target Price at $89.33

IPG Photonics Corporation (NASDAQ:IPGP) has been given a consensus rating of “Moderate Buy” by the nine analysts that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $89.3333.

A number of equities analysts have recently commented on the stock. Wall Street Zen raised shares of IPG Photonics from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Citigroup raised IPG Photonics from a “sell” rating to a “buy” rating and upped their target price for the company from $68.00 to $105.00 in a report on Wednesday, November 5th. Sanford C. Bernstein raised IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 target price on the stock in a research note on Thursday, August 7th. Roth Capital set a $96.00 price objective on shares of IPG Photonics and gave the company a “buy” rating in a research note on Monday, October 6th. Finally, Stifel Nicolaus set a $92.00 price target on IPG Photonics in a report on Tuesday, November 4th.

Insider Activity at IPG Photonics

In other news, major shareholder Fibre Devices Ltd Ip sold 35,000 shares of the firm’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $82.10, for a total transaction of $2,873,500.00. Following the completion of the sale, the insider directly owned 6,849,837 shares in the company, valued at $562,371,617.70. This trade represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Valentin Gapontsev Trust I sold 52,320 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $80.71, for a total value of $4,222,747.20. Following the completion of the transaction, the insider directly owned 7,073,279 shares in the company, valued at approximately $570,884,348.09. The trade was a 0.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 475,771 shares of company stock worth $38,205,473 in the last 90 days. 39.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Versant Capital Management Inc increased its position in IPG Photonics by 51.1% in the third quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock worth $27,000 after buying an additional 116 shares during the period. True Wealth Design LLC grew its position in IPG Photonics by 1,621.7% in the 2nd quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 373 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its stake in shares of IPG Photonics by 207.1% in the second quarter. Nomura Asset Management Co. Ltd. now owns 430 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 290 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of IPG Photonics by 348.2% during the second quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock valued at $51,000 after buying an additional 578 shares during the last quarter. Finally, Signaturefd LLC boosted its position in shares of IPG Photonics by 76.9% during the second quarter. Signaturefd LLC now owns 764 shares of the semiconductor company’s stock worth $52,000 after buying an additional 332 shares during the period. 93.79% of the stock is owned by institutional investors and hedge funds.

IPG Photonics Stock Up 1.2%

IPG Photonics stock opened at $78.51 on Thursday. IPG Photonics has a 52-week low of $48.59 and a 52-week high of $92.21. The firm has a market capitalization of $3.31 billion, a price-to-earnings ratio of -16.02, a PEG ratio of 23.95 and a beta of 1.04. The company has a fifty day simple moving average of $83.00 and a 200-day simple moving average of $76.87.

IPG Photonics (NASDAQ:IPGP) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.16 by $0.19. The business had revenue of $250.79 million for the quarter, compared to analyst estimates of $240.18 million. IPG Photonics had a positive return on equity of 2.25% and a negative net margin of 22.77%. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. On average, research analysts anticipate that IPG Photonics will post 1.54 EPS for the current fiscal year.

IPG Photonics Company Profile

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories.