Brokerages Set IPG Photonics Corporation (NASDAQ:IPGP) PT at $89.33

Shares of IPG Photonics Corporation (NASDAQ:IPGP) have earned an average rating of “Moderate Buy” from the nine brokerages that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $89.3333.

Several research analysts have commented on IPGP shares. Stifel Nicolaus set a $92.00 price target on shares of IPG Photonics in a report on Tuesday, November 4th. Citigroup upgraded shares of IPG Photonics from a “sell” rating to a “buy” rating and raised their price objective for the company from $68.00 to $105.00 in a research report on Wednesday, November 5th. Wall Street Zen raised IPG Photonics from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Weiss Ratings reissued a “sell (d+)” rating on shares of IPG Photonics in a research note on Wednesday, November 19th. Finally, Sanford C. Bernstein raised shares of IPG Photonics from a “market perform” rating to an “outperform” rating and set a $97.00 target price for the company in a research note on Thursday, August 7th.

Insider Activity

In related news, Director Eugene A. Scherbakov sold 2,700 shares of the firm’s stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of $87.64, for a total transaction of $236,628.00. Following the completion of the sale, the director directly owned 67,430 shares in the company, valued at approximately $5,909,565.20. This trade represents a 3.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Eric Meurice sold 750 shares of IPG Photonics stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $92.00, for a total transaction of $69,000.00. Following the completion of the transaction, the director owned 22,803 shares in the company, valued at approximately $2,097,876. This trade represents a 3.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 408,701 shares of company stock valued at $33,156,457 in the last 90 days. 39.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On IPG Photonics

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Versant Capital Management Inc grew its position in IPG Photonics by 51.1% during the 3rd quarter. Versant Capital Management Inc now owns 343 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 116 shares in the last quarter. True Wealth Design LLC boosted its stake in IPG Photonics by 1,621.7% during the 2nd quarter. True Wealth Design LLC now owns 396 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 373 shares during the period. Nomura Asset Management Co. Ltd. raised its stake in IPG Photonics by 207.1% during the 2nd 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 last quarter. EverSource Wealth Advisors LLC grew its position in IPG Photonics by 348.2% during the second quarter. EverSource Wealth Advisors LLC now owns 744 shares of the semiconductor company’s stock worth $51,000 after buying an additional 578 shares in the last quarter. Finally, Signaturefd LLC raised its stake in shares of IPG Photonics by 76.9% in the second quarter. Signaturefd LLC now owns 764 shares of the semiconductor company’s stock valued at $52,000 after purchasing an additional 332 shares in the last quarter. 93.79% of the stock is owned by institutional investors and hedge funds.

IPG Photonics Trading Up 2.2%

NASDAQ IPGP opened at $76.59 on Thursday. The stock has a market capitalization of $3.23 billion, a price-to-earnings ratio of -15.63, a PEG ratio of 23.95 and a beta of 1.04. IPG Photonics has a twelve month low of $48.59 and a twelve month high of $92.21. The stock has a 50-day moving average of $83.13 and a 200 day moving average of $76.73.

IPG Photonics (NASDAQ:IPGP) last released its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.19. IPG Photonics had a negative net margin of 22.77% and a positive return on equity of 2.25%. The firm had revenue of $250.79 million during the quarter, compared to the consensus estimate of $240.18 million. IPG Photonics has set its Q4 2025 guidance at 0.050-0.350 EPS. Equities analysts predict 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.