HC Wainwright Has Strong Estimate for LPTH FY2026 Earnings

Key Points

• HC Wainwright has increased its FY2026 earnings per share (EPS) estimate for LightPath Technologies to ($0.11), up from a previous estimate of ($0.14).
• The firm's stock is rated as a "Buy" with a price target of $7.00, while the consensus estimate for full-year earnings currently stands at ($0.18) per share.
• Institutional investors hold 56.29% of LightPath Technologies' stock, reflecting recent investments by various firms during the fourth quarter.

LightPath Technologies, Inc. (NASDAQ:LPTH - Free Report) - Stock analysts at HC Wainwright upped their FY2026 earnings per share estimates for shares of LightPath Technologies in a report issued on Thursday, September 4th. HC Wainwright analyst S. Buck now expects that the technology company will earn ($0.11) per share for the year, up from their previous forecast of ($0.14). HC Wainwright currently has a "Buy" rating and a $7.00 price target on the stock. The consensus estimate for LightPath Technologies' current full-year earnings is ($0.18) per share.

Several other equities analysts also recently issued reports on LPTH. Wall Street Zen raised LightPath Technologies from a "sell" rating to a "hold" rating in a research report on Saturday, June 14th. Zacks Research upgraded LightPath Technologies to a "hold" rating in a research report on Tuesday, August 12th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $5.38.

LightPath Technologies Stock Performance

Shares of NASDAQ LPTH traded up $0.19 during mid-day trading on Monday, hitting $5.49. The stock had a trading volume of 759,887 shares, compared to its average volume of 1,344,542. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.26 and a current ratio of 2.30. The company has a 50 day moving average of $3.94 and a two-hundred day moving average of $2.93. LightPath Technologies has a twelve month low of $1.11 and a twelve month high of $6.44. The firm has a market cap of $244.03 million, a PE ratio of -21.12 and a beta of 1.10.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Cubist Systematic Strategies LLC purchased a new position in LightPath Technologies in the 4th quarter worth approximately $32,000. Millennium Management LLC purchased a new position in LightPath Technologies in the 4th quarter worth approximately $53,000. Marathon Capital Management purchased a new position in LightPath Technologies in the 2nd quarter worth approximately $54,000. Ironwood Investment Counsel LLC lifted its stake 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 worth $65,000 after purchasing an additional 4,150 shares in the last quarter. Finally, J.W. Cole Advisors Inc. purchased a new position in LightPath Technologies in the 2nd quarter worth approximately $79,000. 56.29% of the stock is owned by hedge funds and other institutional investors.

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.