LightPath Technologies (NASDAQ:LPTH) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded LightPath Technologies from “sell” to “hold.” Analysts overall rate the stock “Moderate Buy,” with a consensus price target of $14.10.
• LPTH shares opened at $9.20 after declining 5%, well below the 50-day and 200-day moving averages of $11.79 and $12.71, respectively.
• The company reported strong revenue growth and a $110.9 million backlog driven by defense and space demand, but profitability remains weak, with a widened full-year net loss and higher planned capital spending.

LightPath Technologies (NASDAQ:LPTH - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued to investors on Saturday, Wall Street Zen reports.

A number of other research analysts also recently commented on LPTH. Canaccord Genuity Group lowered their price objective on shares of LightPath Technologies from $16.50 to $15.50 and set a "buy" rating on the stock in a research report on Tuesday, September 1st. Weiss Ratings reiterated a "sell (d-)" rating on shares of LightPath Technologies in a research report on Friday, July 17th. Finally, Piper Sandler initiated coverage on shares of LightPath Technologies in a research note on Wednesday, August 12th. They set an "overweight" rating and a $15.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $14.10.

LightPath Technologies Trading Down 5.0%

Shares of NASDAQ LPTH opened at $9.20 on Friday. The company has a current ratio of 3.86, a quick ratio of 3.24 and a debt-to-equity ratio of 0.01. LightPath Technologies has a one year low of $5.28 and a one year high of $18.94. The business has a 50-day moving average price of $11.79 and a two-hundred day moving average price of $12.71. The firm has a market capitalization of $577.67 million, a PE ratio of -23.00 and a beta of 1.39.

Institutional Investors Weigh In On LightPath Technologies

Several large investors have recently made changes to their positions in the company. TD Waterhouse Canada Inc. bought a new position in LightPath Technologies during the second quarter valued at approximately $71,000. Royal Bank of Canada grew its position in LightPath Technologies by 707.2% in the first quarter. Royal Bank of Canada now owns 9,565 shares of the technology company's stock worth $96,000 after acquiring an additional 8,380 shares in the last quarter. Occudo Quantitative Strategies LP acquired a new position in shares of LightPath Technologies during the 3rd quarter worth $82,000. PVG Asset Management Corp acquired a new position in shares of LightPath Technologies during the 1st quarter worth $108,000. Finally, Wexford Capital LP bought a new position in shares of LightPath Technologies during the 3rd quarter valued at $88,000. Institutional investors own 56.29% of the company's stock.

Trending Headlines about LightPath Technologies

Here are the key news stories impacting LightPath Technologies this week:

• Positive Sentiment: Fiscal fourth-quarter revenue increased 73.8% year over year to $21.2 million, while full-year revenue nearly doubled to $71.7 million. Gross profit rose 207% in the quarter, and adjusted EBITDA improved to $2.1 million from a $2.0 million loss, indicating better operating leverage. LightPath Technologies fiscal 2026 results
• Positive Sentiment: The company reported a $110.9 million backlog and expects continued demand from defense, infrared imaging, missile-defense and space applications. Management is scaling its vertically integrated platform to address that backlog. LightPath Technologies backlog and revenue growth
• Neutral Sentiment: Management indicated fiscal 2027 capital expenditures will exceed fiscal 2026’s $6.3 million, reflecting investment to expand production capacity but potentially increasing near-term cash needs. LightPath fiscal 2027 capital expenditure outlook
• Negative Sentiment: Reported profitability remains weak. One earnings report showed a fourth-quarter loss of $0.06 per share versus a $0.01 consensus estimate, although another source reported a $0.02 loss in line with expectations. Full-year net loss widened to $20.5 million, and operating expenses rose substantially, partly because of acquisition earnout fair-value adjustments. LightPath Technologies fourth-quarter loss

About LightPath Technologies

LightPath Technologies, Inc designs, manufactures and distributes precision optical components and assemblies for a variety of commercial, industrial, defense and scientific applications. The company's portfolio includes molded glass aspheric lenses, precision glass optics, infrared lenses and assemblies, diamond-turned optics and molded polymer optics. These components are engineered to support imaging, illumination, laser delivery, detection and sensing systems across visible, ultraviolet and infrared wavelengths.

Among its core offerings, LightPath develops infrared optical solutions using materials such as germanium, zinc selenide and chalcogenide glasses for thermal imaging, night-vision devices and spectroscopy.

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