IPG Photonics - IPGP Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IPG Photonics in the last year. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" IPGP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IPGP, but not buy additional shares or sell existing shares.
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7 Wall Street research analysts have issued 1-year target prices for IPG Photonics' shares. Their IPGP share price forecasts range from $146.00 to $200.00. On average, they predict the company's share price to reach $168.43 in the next twelve months. This suggests a possible upside of 87.7% from the stock's current price.
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IPG Photonics' stock was trading at $172.14 at the beginning of the year. Since then, IPGP shares have decreased by 47.9% and is now trading at $89.75.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
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IPG Photonics Co. (NASDAQ:IPGP) released its quarterly earnings data on Tuesday, August, 2nd. The semiconductor company reported $1.38 EPS for the quarter, beating analysts' consensus estimates of $1.12 by $0.26. The semiconductor company had revenue of $377.02 million for the quarter, compared to analysts' expectations of $373.26 million. IPG Photonics had a trailing twelve-month return on equity of 10.31% and a net margin of 17.91%. The business's revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.33 earnings per share.
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IPG Photonics announced that its Board of Directors has authorized a stock buyback plan on Tuesday, February 15th 2022, which authorizes the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 2.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

IPG Photonics updated its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of $1.00-$1.30 for the period, compared to the consensus EPS estimate of $1.18. The company issued revenue guidance of $350.00 million-$380.00 million, compared to the consensus revenue estimate of $381.81 million.

51 employees have rated IPG Photonics Chief Executive Officer Valentin P. Gapontsev on Glassdoor.com. Valentin P. Gapontsev has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other IPG Photonics investors own include NVIDIA (NVDA), Netflix (NFLX), Broadcom (AVGO), Micron Technology (MU), Alibaba Group (BABA), Lam Research (LRCX), Intel (INTC), Tesla (TSLA), AT&T (T) and Applied Materials (AMAT).

IPG Photonics trades on the NASDAQ under the ticker symbol "IPGP."

Shares of IPGP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IPGP stock can currently be purchased for approximately $89.75.

IPG Photonics (NASDAQ:IPGP) has a market capitalization of $4.51 billion and generates $1.46 billion in revenue each year. The semiconductor company earns $278.42 million in net income (profit) each year or $5.02 on an earnings per share basis.

The company employs 6,580 workers across the globe.

IPG Photonics' mailing address is 50 OLD WEBSTER ROAD, OXFORD MA, 01540. The official website for the company is www.ipgphotonics.com. The semiconductor company can be reached via phone at (508) 373-1100, via email at investorrelations@ipgphotonics.com, or via fax at 508-373-1103.