IPG Photonics - IPGP Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IPG Photonics in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IPGP shares.
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6 Wall Street analysts have issued 1-year price targets for IPG Photonics' stock. Their IPGP share price forecasts range from $120.00 to $160.00. On average, they predict the company's stock price to reach $137.80 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price.
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IPG Photonics' stock was trading at $94.67 at the beginning of the year. Since then, IPGP shares have increased by 21.3% and is now trading at $114.81.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
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IPG Photonics Co. (NASDAQ:IPGP) released its quarterly earnings results on Tuesday, November, 2nd. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.11. The semiconductor company earned $379.15 million during the quarter, compared to analyst estimates of $368.85 million. IPG Photonics had a net margin of 7.69% and a trailing twelve-month return on equity of 4.82%. During the same period last year, the company posted $1.29 EPS.
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ETFs with the largest weight of IPG Photonics (NASDAQ:IPGP) stock in their portfolio include First Trust Nasdaq Semiconductor ETF (FTXL), Janus Henderson US Sustainable Equity ETF (SSPX), First Trust Technology AlphaDEX Fund (FXL), ROBO Global Robotics & Automation ETF (ROBO), Logan Capital Broad Innovative Growth ETF (LCLG), Defiance Next Gen Connectivity ETF (FIVG), Distillate Small/Mid Cash Flow ETF (DSMC) and Invesco Nasdaq Future Gen 200 ETF (QQQS).

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 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 generally a sign that the company's board of directors believes its shares are undervalued.

IPG Photonics updated its first quarter 2023 earnings guidance on Tuesday, February, 14th. The company provided earnings per share (EPS) guidance of $0.90-$1.20 for the period, compared to the consensus earnings per share estimate of $1.08. The company issued revenue guidance of $310.00 million-$340.00 million, compared to the consensus revenue estimate of $332.44 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."

IPG Photonics' stock is owned by a variety of retail and institutional investors. Top institutional investors include First Eagle Investment Management LLC (8.88%), Lazard Asset Management LLC (2.27%), Fundsmith LLP (1.75%), Dimensional Fund Advisors LP (1.62%), Geode Capital Management LLC (1.13%) and Charles Schwab Investment Management Inc. (0.80%). Insiders that own company stock include Alexander Ovtchinnikov, Angelo P Lopresti, Catherine P Lego, Eugene A Shcherbakov, Fibre Devices Ltd Ip, Igor Samartsev, John R Peeler, Thomas J Burgomaster, Thomas J Seifert, Timothy Pv Mammen, Trevor Ness, Valentin Gapontsev Trust I and Valentin P Gapontsev.
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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 $114.81.

IPG Photonics (NASDAQ:IPGP) has a market capitalization of $5.47 billion and generates $1.43 billion in revenue each year. The semiconductor company earns $109.91 million in net income (profit) each year or $1.97 on an earnings per share basis.

The company employs 6,230 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.