LightPath Technologies (NASDAQ:LPTH) Price Target Raised to $8.00

LightPath Technologies (NASDAQ:LPTH) had its price target increased by HC Wainwright from $7.00 to $8.00 in a research report report published on Friday,Benzinga reports. HC Wainwright currently has a buy rating on the technology company’s stock. HC Wainwright also issued estimates for LightPath Technologies’ Q1 2026 earnings at ($0.06) EPS, Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at ($0.04) EPS, Q4 2026 earnings at ($0.01) EPS and FY2027 earnings at ($0.09) EPS.

A number of other equities research analysts also recently weighed in on the company. Zacks Research raised LightPath Technologies to a “hold” rating in a report on Tuesday, August 12th. Wall Street Zen raised shares of LightPath Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, June 14th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $6.50.

LightPath Technologies Stock Performance

NASDAQ:LPTH opened at $7.90 on Friday. The stock has a 50 day simple moving average of $4.67 and a 200 day simple moving average of $3.27. The stock has a market cap of $351.16 million, a P/E ratio of -21.94 and a beta of 1.09. LightPath Technologies has a 1-year low of $1.35 and a 1-year high of $8.15. The company has a current ratio of 2.30, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33.

Institutional Trading of LightPath Technologies

Large investors have recently modified their holdings of the stock. Millennium Management LLC acquired a new position in LightPath Technologies in the fourth quarter valued at about $53,000. Marathon Capital Management acquired a new stake in LightPath Technologies during the second quarter worth about $54,000. J.W. Cole Advisors Inc. acquired a new stake in LightPath Technologies during the second quarter worth about $79,000. Jane Street Group LLC bought a new position in LightPath Technologies in the 4th quarter valued at about $111,000. Finally, Ironwood Investment Counsel LLC increased its holdings 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 buying an additional 4,150 shares during the period. 56.29% of the stock is owned by institutional investors and hedge funds.

About LightPath Technologies

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.