HC Wainwright Has Bullish Estimate for LPTH FY2026 Earnings

LightPath Technologies, Inc. (NASDAQ:LPTH) – HC Wainwright raised their FY2026 EPS estimates for shares of LightPath Technologies in a research report issued on Thursday, September 4th. HC Wainwright analyst S. Buck now forecasts that the technology company will post earnings of ($0.11) per share for the year, up from their previous estimate of ($0.14). HC Wainwright currently has a “Buy” rating and a $7.00 target price on the stock. The consensus estimate for LightPath Technologies’ current full-year earnings is ($0.18) per share.

Several other analysts also recently weighed in on the stock. Wall Street Zen upgraded shares of LightPath Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, June 14th. Zacks Research upgraded shares of LightPath Technologies to a “hold” rating in a research report on Tuesday, August 12th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $5.38.

LightPath Technologies Stock Up 2.3%

Shares of NASDAQ:LPTH opened at $5.43 on Monday. The company has a market capitalization of $241.36 million, a PE ratio of -20.88 and a beta of 1.10. The company has a current ratio of 2.30, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. LightPath Technologies has a twelve month low of $1.04 and a twelve month high of $6.44. The firm has a 50 day simple moving average of $3.80 and a 200-day simple moving average of $2.88.

Institutional Trading of LightPath Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the business. Ironwood Investment Counsel LLC raised its position in LightPath Technologies by 14.8% in the 1st quarter. Ironwood Investment Counsel LLC now owns 32,150 shares of the technology company’s stock valued at $65,000 after purchasing an additional 4,150 shares during the last quarter. Wealth Effects LLC raised its position in LightPath Technologies by 5.8% in the 2nd quarter. Wealth Effects LLC now owns 136,000 shares of the technology company’s stock valued at $419,000 after purchasing an additional 7,500 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in LightPath Technologies in the 4th quarter valued at $32,000. Northern Trust Corp raised its position in LightPath Technologies by 25.7% in the 4th quarter. Northern Trust Corp now owns 63,983 shares of the technology company’s stock valued at $226,000 after purchasing an additional 13,087 shares during the last quarter. Finally, Millennium Management LLC acquired a new position in LightPath Technologies in the 4th quarter valued at $53,000. Hedge funds and other institutional investors own 56.29% of the company’s stock.

LightPath Technologies Company Profile

LightPath Technologies, Inc designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics.