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IPG Photonics (IPGP) Competitors

IPG Photonics logo
$119.00 0.00 (0.00%)
Closing price 05/22/2026 04:00 PM Eastern
Extended Trading
$119.36 +0.36 (+0.30%)
As of 05/22/2026 07:17 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

IPGP vs. AEIS, CGNX, TTMI, TRMB, and SANM

Should you buy IPG Photonics stock or one of its competitors? MarketBeat compares IPG Photonics with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with IPG Photonics include Advanced Energy Industries (AEIS), Cognex (CGNX), TTM Technologies (TTMI), Trimble (TRMB), and Sanmina (SANM).

How does IPG Photonics compare to Advanced Energy Industries?

Advanced Energy Industries (NASDAQ:AEIS) and IPG Photonics (NASDAQ:IPGP) are both computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, media sentiment, earnings, risk and dividends.

In the previous week, Advanced Energy Industries had 15 more articles in the media than IPG Photonics. MarketBeat recorded 20 mentions for Advanced Energy Industries and 5 mentions for IPG Photonics. Advanced Energy Industries' average media sentiment score of 0.98 beat IPG Photonics' score of 0.72 indicating that Advanced Energy Industries is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Advanced Energy Industries
7 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
IPG Photonics
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

99.7% of Advanced Energy Industries shares are held by institutional investors. Comparatively, 93.8% of IPG Photonics shares are held by institutional investors. 1.3% of Advanced Energy Industries shares are held by insiders. Comparatively, 37.5% of IPG Photonics shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Advanced Energy Industries has a net margin of 10.00% compared to IPG Photonics' net margin of 2.78%. Advanced Energy Industries' return on equity of 17.99% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
Advanced Energy Industries10.00% 17.99% 9.60%
IPG Photonics 2.78%2.84%2.50%

Advanced Energy Industries has a beta of 1.4, indicating that its stock price is 40% more volatile than the broader market. Comparatively, IPG Photonics has a beta of 0.97, indicating that its stock price is 3% less volatile than the broader market.

Advanced Energy Industries has higher revenue and earnings than IPG Photonics. Advanced Energy Industries is trading at a lower price-to-earnings ratio than IPG Photonics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Advanced Energy Industries$1.80B6.87$148.40M$4.7568.39
IPG Photonics$1.04B4.85$31.10M$0.69172.46

Advanced Energy Industries presently has a consensus target price of $358.00, suggesting a potential upside of 10.20%. IPG Photonics has a consensus target price of $135.50, suggesting a potential upside of 13.87%. Given IPG Photonics' higher possible upside, analysts clearly believe IPG Photonics is more favorable than Advanced Energy Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Advanced Energy Industries
0 Sell rating(s)
2 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.92
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56

Summary

Advanced Energy Industries beats IPG Photonics on 14 of the 17 factors compared between the two stocks.

How does IPG Photonics compare to Cognex?

IPG Photonics (NASDAQ:IPGP) and Cognex (NASDAQ:CGNX) are both computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their risk, analyst recommendations, institutional ownership, valuation, profitability, media sentiment, earnings and dividends.

IPG Photonics has a beta of 0.97, suggesting that its share price is 3% less volatile than the broader market. Comparatively, Cognex has a beta of 1.48, suggesting that its share price is 48% more volatile than the broader market.

Cognex has lower revenue, but higher earnings than IPG Photonics. Cognex is trading at a lower price-to-earnings ratio than IPG Photonics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IPG Photonics$1.04B4.85$31.10M$0.69172.46
Cognex$994.36M11.06$114.44M$0.8478.68

Cognex has a net margin of 13.62% compared to IPG Photonics' net margin of 2.78%. Cognex's return on equity of 10.89% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
IPG Photonics2.78% 2.84% 2.50%
Cognex 13.62%10.89%8.09%

93.8% of IPG Photonics shares are owned by institutional investors. Comparatively, 88.1% of Cognex shares are owned by institutional investors. 37.5% of IPG Photonics shares are owned by company insiders. Comparatively, 1.7% of Cognex shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

IPG Photonics presently has a consensus target price of $135.50, suggesting a potential upside of 13.87%. Cognex has a consensus target price of $69.36, suggesting a potential upside of 4.94%. Given IPG Photonics' higher probable upside, equities research analysts plainly believe IPG Photonics is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56
Cognex
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.67

In the previous week, Cognex had 4 more articles in the media than IPG Photonics. MarketBeat recorded 9 mentions for Cognex and 5 mentions for IPG Photonics. Cognex's average media sentiment score of 0.91 beat IPG Photonics' score of 0.72 indicating that Cognex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IPG Photonics
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
5 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Cognex beats IPG Photonics on 12 of the 17 factors compared between the two stocks.

How does IPG Photonics compare to TTM Technologies?

IPG Photonics (NASDAQ:IPGP) and TTM Technologies (NASDAQ:TTMI) are both computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, media sentiment, profitability, dividends, valuation, institutional ownership and earnings.

TTM Technologies has higher revenue and earnings than IPG Photonics. TTM Technologies is trading at a lower price-to-earnings ratio than IPG Photonics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IPG Photonics$1.04B4.85$31.10M$0.69172.46
TTM Technologies$2.91B6.79$177.45M$1.85102.66

IPG Photonics currently has a consensus target price of $135.50, suggesting a potential upside of 13.87%. TTM Technologies has a consensus target price of $149.50, suggesting a potential downside of 21.28%. Given IPG Photonics' higher possible upside, analysts plainly believe IPG Photonics is more favorable than TTM Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56
TTM Technologies
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

In the previous week, TTM Technologies had 5 more articles in the media than IPG Photonics. MarketBeat recorded 10 mentions for TTM Technologies and 5 mentions for IPG Photonics. TTM Technologies' average media sentiment score of 1.09 beat IPG Photonics' score of 0.72 indicating that TTM Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IPG Photonics
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
TTM Technologies
6 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

TTM Technologies has a net margin of 6.29% compared to IPG Photonics' net margin of 2.78%. TTM Technologies' return on equity of 13.70% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
IPG Photonics2.78% 2.84% 2.50%
TTM Technologies 6.29%13.70%6.29%

93.8% of IPG Photonics shares are owned by institutional investors. Comparatively, 95.8% of TTM Technologies shares are owned by institutional investors. 37.5% of IPG Photonics shares are owned by company insiders. Comparatively, 1.3% of TTM Technologies shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

IPG Photonics has a beta of 0.97, indicating that its share price is 3% less volatile than the broader market. Comparatively, TTM Technologies has a beta of 2.11, indicating that its share price is 111% more volatile than the broader market.

Summary

TTM Technologies beats IPG Photonics on 12 of the 16 factors compared between the two stocks.

How does IPG Photonics compare to Trimble?

Trimble (NASDAQ:TRMB) and IPG Photonics (NASDAQ:IPGP) are both electronic manufacturing services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, media sentiment, valuation, profitability and institutional ownership.

In the previous week, Trimble had 8 more articles in the media than IPG Photonics. MarketBeat recorded 13 mentions for Trimble and 5 mentions for IPG Photonics. Trimble's average media sentiment score of 0.81 beat IPG Photonics' score of 0.72 indicating that Trimble is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Trimble
7 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
IPG Photonics
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Trimble has a net margin of 12.38% compared to IPG Photonics' net margin of 2.78%. Trimble's return on equity of 11.61% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
Trimble12.38% 11.61% 7.32%
IPG Photonics 2.78%2.84%2.50%

Trimble currently has a consensus target price of $90.00, suggesting a potential upside of 59.74%. IPG Photonics has a consensus target price of $135.50, suggesting a potential upside of 13.87%. Given Trimble's stronger consensus rating and higher possible upside, analysts plainly believe Trimble is more favorable than IPG Photonics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Trimble
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.83
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56

93.2% of Trimble shares are held by institutional investors. Comparatively, 93.8% of IPG Photonics shares are held by institutional investors. 0.6% of Trimble shares are held by insiders. Comparatively, 37.5% of IPG Photonics shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Trimble has higher revenue and earnings than IPG Photonics. Trimble is trading at a lower price-to-earnings ratio than IPG Photonics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Trimble$3.69B3.56$424M$1.9029.65
IPG Photonics$1.04B4.85$31.10M$0.69172.46

Trimble has a beta of 1.45, suggesting that its stock price is 45% more volatile than the broader market. Comparatively, IPG Photonics has a beta of 0.97, suggesting that its stock price is 3% less volatile than the broader market.

Summary

Trimble beats IPG Photonics on 12 of the 16 factors compared between the two stocks.

How does IPG Photonics compare to Sanmina?

IPG Photonics (NASDAQ:IPGP) and Sanmina (NASDAQ:SANM) are both computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, media sentiment, dividends, institutional ownership and earnings.

IPG Photonics has a beta of 0.97, indicating that its stock price is 3% less volatile than the broader market. Comparatively, Sanmina has a beta of 1.51, indicating that its stock price is 51% more volatile than the broader market.

IPG Photonics has a net margin of 2.78% compared to Sanmina's net margin of 2.29%. Sanmina's return on equity of 16.23% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
IPG Photonics2.78% 2.84% 2.50%
Sanmina 2.29%16.23%5.46%

IPG Photonics currently has a consensus price target of $135.50, suggesting a potential upside of 13.87%. Sanmina has a consensus price target of $150.00, suggesting a potential downside of 39.13%. Given IPG Photonics' stronger consensus rating and higher probable upside, equities research analysts clearly believe IPG Photonics is more favorable than Sanmina.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56
Sanmina
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.50

93.8% of IPG Photonics shares are owned by institutional investors. Comparatively, 92.7% of Sanmina shares are owned by institutional investors. 37.5% of IPG Photonics shares are owned by company insiders. Comparatively, 3.1% of Sanmina shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

In the previous week, Sanmina had 3 more articles in the media than IPG Photonics. MarketBeat recorded 8 mentions for Sanmina and 5 mentions for IPG Photonics. Sanmina's average media sentiment score of 0.96 beat IPG Photonics' score of 0.72 indicating that Sanmina is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IPG Photonics
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Sanmina
5 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Sanmina has higher revenue and earnings than IPG Photonics. Sanmina is trading at a lower price-to-earnings ratio than IPG Photonics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IPG Photonics$1.04B4.85$31.10M$0.69172.46
Sanmina$8.13B1.63$245.89M$4.7352.10

Summary

Sanmina beats IPG Photonics on 9 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IPGP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IPGP vs. The Competition

MetricIPG PhotonicsLASERS IndustryComputer SectorNASDAQ Exchange
Market Cap$5.05B$796.33M$39.13B$12.32B
Dividend YieldN/AN/A3.21%5.28%
P/E Ratio172.4743.12170.4925.66
Price / Sales4.85147.02630.93111.99
Price / Cash44.4244.4248.7256.67
Price / Book2.3923.0310.537.14
Net Income$31.10M-$16.97M$1.07B$335.98M
7 Day Performance11.89%3.29%3.51%3.56%
1 Month Performance-4.46%-4.51%6.27%2.54%
1 Year Performance84.21%2.64%169.79%35.05%

IPG Photonics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IPGP
IPG Photonics
3.4159 of 5 stars
$119.00
flat
$135.50
+13.9%
+84.2%$5.05B$1.04B172.474,840
AEIS
Advanced Energy Industries
4.6199 of 5 stars
$309.06
-4.5%
$358.00
+15.8%
+185.3%$12.30B$1.80B65.0713,000
CGNX
Cognex
4.3734 of 5 stars
$61.90
-3.7%
$69.36
+12.0%
+122.4%$10.69B$994.36M73.692,745
TTMI
TTM Technologies
4.0554 of 5 stars
$158.86
-5.1%
$149.50
-5.9%
+564.3%$17.38B$2.91B85.8718,200
TRMB
Trimble
4.2344 of 5 stars
$55.02
-0.2%
$90.00
+63.6%
-20.1%$12.85B$3.69B28.9611,500

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This page (NASDAQ:IPGP) was last updated on 5/25/2026 by MarketBeat.com Staff.
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