Free Trial

IPG Photonics (IPGP) Competitors

IPG Photonics logo
$114.65 +3.46 (+3.11%)
Closing price 06/12/2026 04:00 PM Eastern
Extended Trading
$115.18 +0.53 (+0.46%)
As of 06/12/2026 06:54 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, SANM, and TRMB

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), Sanmina (SANM), and Trimble (TRMB).

How does IPG Photonics compare to Advanced Energy Industries?

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

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
IPG Photonics$1.00B4.85$31.10M$0.69166.16
Advanced Energy Industries$1.80B7.49$148.40M$4.7574.60

In the previous week, Advanced Energy Industries had 3 more articles in the media than IPG Photonics. MarketBeat recorded 15 mentions for Advanced Energy Industries and 12 mentions for IPG Photonics. Advanced Energy Industries' average media sentiment score of 1.55 beat IPG Photonics' score of 0.52 indicating that Advanced Energy Industries is being referred to more favorably in the news media.

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

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
IPG Photonics2.78% 2.84% 2.50%
Advanced Energy Industries 10.00%17.99%9.60%

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

IPG Photonics presently has a consensus target price of $135.50, suggesting a potential upside of 18.19%. Advanced Energy Industries has a consensus target price of $361.82, suggesting a potential upside of 2.10%. Given IPG Photonics' higher possible upside, equities research analysts plainly believe IPG Photonics is more favorable than Advanced Energy Industries.

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
Advanced Energy Industries
0 Sell rating(s)
3 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.85

IPG Photonics has a beta of 0.95, meaning that its stock price is 5% less volatile than the broader market. Comparatively, Advanced Energy Industries has a beta of 1.3, meaning that its stock price is 30% more volatile than the broader market.

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 superior business? We will compare the two companies based on the strength of their media sentiment, analyst recommendations, risk, profitability, dividends, valuation, institutional ownership and earnings.

In the previous week, IPG Photonics had 1 more articles in the media than Cognex. MarketBeat recorded 12 mentions for IPG Photonics and 11 mentions for Cognex. Cognex's average media sentiment score of 1.51 beat IPG Photonics' score of 0.52 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
3 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
8 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

IPG Photonics presently has a consensus target price of $135.50, suggesting a potential upside of 18.19%. Cognex has a consensus target price of $70.43, suggesting a potential upside of 10.72%. Given IPG Photonics' higher possible 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)
6 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.72

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$1.00B4.85$31.10M$0.69166.16
Cognex$994.36M10.65$114.44M$0.8475.73

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 insiders. Comparatively, 1.7% of Cognex shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

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%

IPG Photonics has a beta of 0.95, indicating that its stock price is 5% less volatile than the broader market. Comparatively, Cognex has a beta of 1.52, indicating that its stock price is 52% more volatile than the broader market.

Summary

Cognex beats IPG Photonics on 11 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 superior stock? We will compare the two companies based on the strength of their dividends, analyst recommendations, risk, profitability, institutional ownership, media sentiment, valuation 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$1.00B4.85$31.10M$0.69166.16
TTM Technologies$2.91B6.93$177.45M$1.85104.89

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 large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

IPG Photonics presently has a consensus price target of $135.50, suggesting a potential upside of 18.19%. TTM Technologies has a consensus price target of $209.00, suggesting a potential upside of 7.70%. Given IPG Photonics' higher probable upside, research analysts clearly 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)
0 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
3.17

IPG Photonics has a beta of 0.95, indicating that its stock price is 5% less volatile than the broader market. Comparatively, TTM Technologies has a beta of 2.1, indicating that its stock price is 110% more volatile than the broader market.

In the previous week, IPG Photonics had 2 more articles in the media than TTM Technologies. MarketBeat recorded 12 mentions for IPG Photonics and 10 mentions for TTM Technologies. TTM Technologies' average media sentiment score of 0.78 beat IPG Photonics' score of 0.52 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
3 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
TTM Technologies
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

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

How does IPG Photonics compare to Sanmina?

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

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
Sanmina2.29% 16.23% 5.46%
IPG Photonics 2.78%2.84%2.50%

Sanmina has a beta of 1.54, indicating that its stock price is 54% more volatile than the broader market. Comparatively, IPG Photonics has a beta of 0.95, indicating that its stock price is 5% less volatile than the broader market.

Sanmina currently has a consensus target price of $150.00, indicating a potential downside of 41.22%. IPG Photonics has a consensus target price of $135.50, indicating a potential upside of 18.19%. Given IPG Photonics' higher probable upside, analysts plainly believe IPG Photonics is more favorable than Sanmina.

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

92.7% of Sanmina shares are owned by institutional investors. Comparatively, 93.8% of IPG Photonics shares are owned by institutional investors. 3.1% of Sanmina shares are owned by company insiders. Comparatively, 37.5% of IPG Photonics shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

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
Sanmina$8.13B1.68$245.89M$4.7353.95
IPG Photonics$1.00B4.85$31.10M$0.69166.16

In the previous week, IPG Photonics had 1 more articles in the media than Sanmina. MarketBeat recorded 12 mentions for IPG Photonics and 11 mentions for Sanmina. Sanmina's average media sentiment score of 1.30 beat IPG Photonics' score of 0.52 indicating that Sanmina is being referred to more favorably in the media.

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

Summary

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

How does IPG Photonics compare to Trimble?

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

IPG Photonics has a beta of 0.95, meaning that its share price is 5% less volatile than the broader market. Comparatively, Trimble has a beta of 1.38, meaning that its share price is 38% more volatile than the broader market.

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
IPG Photonics$1.00B4.85$31.10M$0.69166.16
Trimble$3.59B3.28$424M$1.9026.54

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
IPG Photonics2.78% 2.84% 2.50%
Trimble 12.38%11.61%7.32%

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

IPG Photonics presently has a consensus price target of $135.50, indicating a potential upside of 18.19%. Trimble has a consensus price target of $87.33, indicating a potential upside of 73.21%. 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
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56
Trimble
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.83

In the previous week, IPG Photonics had 2 more articles in the media than Trimble. MarketBeat recorded 12 mentions for IPG Photonics and 10 mentions for Trimble. Trimble's average media sentiment score of 1.22 beat IPG Photonics' score of 0.52 indicating that Trimble is being referred to more favorably in the news media.

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

Summary

Trimble beats IPG Photonics on 11 of the 16 factors compared between the two stocks.

Get IPG Photonics News Delivered to You Automatically

Sign up to receive the latest news and ratings for IPGP and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

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.
Skip Chart

IPGP vs. The Competition

MetricIPG PhotonicsLASERS IndustryComputer SectorNASDAQ Exchange
Market Cap$4.87B$894.87M$39.02B$12.07B
Dividend YieldN/AN/A3.16%5.67%
P/E Ratio166.1641.54165.0222.44
Price / Sales4.85166.02633.09110.12
Price / Cash42.8042.8049.0237.92
Price / Book2.2717.899.816.83
Net Income$31.10M-$16.97M$1.07B$337.67M
7 Day Performance6.78%-0.27%0.73%2.68%
1 Month Performance9.09%-2.75%4.84%1.56%
1 Year Performance73.95%-0.09%160.29%30.59%

IPG Photonics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IPGP
IPG Photonics
3.4083 of 5 stars
$114.65
+3.1%
$135.50
+18.2%
+73.9%$4.87B$1.00B166.164,840
AEIS
Advanced Energy Industries
4.1716 of 5 stars
$306.11
+3.8%
$358.00
+17.0%
+188.6%$11.21B$1.80B64.4413,000
CGNX
Cognex
4.7661 of 5 stars
$62.39
+2.6%
$70.43
+12.9%
+111.0%$10.12B$994.36M74.272,745
TTMI
TTM Technologies
3.8519 of 5 stars
$178.38
+6.4%
$209.00
+17.2%
+448.5%$17.41B$2.91B96.4218,200
SANM
Sanmina
4.1127 of 5 stars
$251.95
-0.1%
$150.00
-40.5%
+195.6%$13.51B$8.13B53.2739,000

Related Companies and Tools


This page (NASDAQ:IPGP) was last updated on 6/14/2026 by MarketBeat.com Staff.
From Our Partners