IPG Photonics (NASDAQ:IPGP) Given New $137.00 Price Target at Citigroup

Key Points

• Citigroup lowered its IPG Photonics price target from $150 to $137 while maintaining a “buy” rating, implying roughly 59% upside from the reported $85.90 share price. Analysts overall assign the stock a “Moderate Buy” consensus rating with a $142.60 average target.
• IPG Photonics beat quarterly earnings expectations, reporting $0.58 in EPS versus the $0.37 consensus estimate, while revenue reached $278.58 million and grew 11.1% year over year.
• Insiders sold approximately 195,553 shares worth $19.6 million over the past three months, while institutional investors own 93.79% of the company; BlackRock also established a new stake valued at about $334.4 million.

IPG Photonics (NASDAQ:IPGP - Get Free Report) had its target price cut by equities research analysts at Citigroup from $150.00 to $137.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a "buy" rating on the semiconductor company's stock. Citigroup's target price suggests a potential upside of 59.49% from the stock's current price.

Other analysts have also recently issued research reports about the company. Zacks Research cut IPG Photonics from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 4th. Stifel Nicolaus decreased their price objective on IPG Photonics from $165.00 to $125.00 and set a "buy" rating for the company in a research note on Wednesday, May 6th. Wall Street Zen downgraded IPG Photonics from a "buy" rating to a "hold" rating in a research report on Saturday, May 9th. Roth Capital reiterated a "buy" rating and issued a $151.00 target price on shares of IPG Photonics in a research note on Tuesday, May 19th. Finally, Weiss Ratings reiterated a "sell (d+)" rating on shares of IPG Photonics in a report on Wednesday, June 24th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $142.60.

IPG Photonics Price Performance

NASDAQ IPGP traded up $1.01 during trading on Tuesday, reaching $85.90. 152,494 shares of the company's stock traded hands, compared to its average volume of 511,533. IPG Photonics has a 12-month low of $71.38 and a 12-month high of $155.82. The firm has a market cap of $3.65 billion, a price-to-earnings ratio of 131.76, a price-to-earnings-growth ratio of 2.44 and a beta of 0.96. The company's 50 day simple moving average is $104.03 and its two-hundred day simple moving average is $111.92.

IPG Photonics (NASDAQ:IPGP - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.37 by $0.21. The firm had revenue of $278.58 million for the quarter, compared to the consensus estimate of $279.98 million. IPG Photonics had a net margin of 2.58% and a return on equity of 3.39%. The company's quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm earned $0.16 earnings per share. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. Research analysts expect that IPG Photonics will post 1.78 earnings per share for the current fiscal year.

Insider Buying and Selling at IPG Photonics

In related news, major shareholder Valentin Gapontsev Trust I sold 56,316 shares of the firm's stock in a transaction that occurred on Tuesday, July 21st. The stock was sold at an average price of $102.31, for a total transaction of $5,761,689.96. Following the transaction, the insider owned 6,670,283 shares in the company, valued at $682,436,653.73. This trade represents a 0.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Tang Agnes sold 1,511 shares of IPG Photonics stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $117.85, for a total value of $178,071.35. Following the transaction, the director directly owned 9,588 shares in the company, valued at approximately $1,129,945.80. This trade represents a 13.61% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 195,553 shares of company stock valued at $19,628,286. 37.50% of the stock is owned by insiders.

Hedge Funds Weigh In On IPG Photonics

A number of hedge funds have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in IPG Photonics in the 2nd quarter valued at $334,429,000. Segall Bryant & Hamill LLC purchased a new position in IPG Photonics during the 4th quarter worth $30,254,000. AQR Capital Management LLC increased its stake in IPG Photonics by 53.7% in the second quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company's stock valued at $67,101,000 after purchasing an additional 341,773 shares during the period. Invesco Ltd. increased its stake in IPG Photonics by 169.4% in the fourth quarter. Invesco Ltd. now owns 288,507 shares of the semiconductor company's stock valued at $20,657,000 after purchasing an additional 181,423 shares during the period. Finally, Norges Bank purchased a new stake in shares of IPG Photonics in the fourth quarter valued at about $12,647,000. 93.79% of the stock is currently owned by hedge funds and other institutional investors.

IPG Photonics Company Profile

IPG Photonics Corporation is a global leader in the design and manufacture of high-performance fiber lasers and amplifiers used in industrial, medical, scientific, and telecommunications applications. The company's core products include ytterbium and erbium fiber lasers, diode lasers, and fiber amplifiers that deliver high power and efficiency for precision cutting, welding, marking, and engraving. IPG's systems are engineered to optimize process speed, reliability, and energy consumption, making them a preferred choice for advanced manufacturing environments.

In addition to stand-alone laser sources, IPG offers turnkey laser systems and integrated solutions tailored to sectors such as automotive, electronics, aerospace, additive manufacturing, and life sciences.

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