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.
View IPGP analyst ratings or view top-rated stocks.

6 brokers have issued twelve-month target prices for IPG Photonics' shares. Their IPGP share price forecasts range from $120.00 to $160.00. On average, they expect the company's stock price to reach $137.80 in the next twelve months. This suggests a possible upside of 18.7% from the stock's current price.
View analysts price targets for IPGP or view top-rated stocks among Wall Street analysts.

IPG Photonics' stock was trading at $94.67 at the beginning of the year. Since then, IPGP shares have increased by 22.6% and is now trading at $116.06.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our IPGP earnings forecast.

IPG Photonics Co. (NASDAQ:IPGP) released its quarterly earnings results on Tuesday, November, 2nd. The semiconductor company reported $1.40 earnings per share for the quarter, topping analysts' consensus estimates of $1.29 by $0.11. The semiconductor company earned $379.15 million during the quarter, compared to analysts' expectations of $368.85 million. IPG Photonics had a trailing twelve-month return on equity of 4.82% and a net margin of 7.69%. During the same period in the previous year, the company earned $1.29 earnings per share.
Read the conference call transcript.

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), ROBO Global Robotics & Automation ETF (ROBO), First Trust Technology AlphaDEX Fund (FXL), 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 repurchase plan on Tuesday, February 15th 2022, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 2.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its shares are undervalued.

IPG Photonics issued an update on its first quarter 2023 earnings guidance on Tuesday, February, 14th. The company provided earnings per share 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 many different institutional and retail investors. Top institutional shareholders 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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of IPGP stock can currently be purchased for approximately $116.06.

IPG Photonics (NASDAQ:IPGP) has a market capitalization of $5.53 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.