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IPG Photonics (IPGP) Competitors

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$73.61 -2.24 (-2.95%)
As of 11:45 AM Eastern
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IPGP vs. AEIS, CGNX, MKSI, RAL, and NOVT

Should you buy IPG Photonics stock or one of its competitors? IPG Photonics's main competitors and comparable companies include Advanced Energy Industries (AEIS), Cognex (CGNX), MKS (MKSI), Ralliant (RAL), and Novanta (NOVT). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "technology" sector.

How does IPG Photonics compare to Advanced Energy Industries?

IPG Photonics (NASDAQ:IPGP) and Advanced Energy Industries (NASDAQ:AEIS) are both technology companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, risk, profitability, valuation, dividends, institutional ownership, earnings 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$1.00B3.21$31.10M$0.65116.69
Advanced Energy Industries$1.80B6.14$148.40M$5.3651.43

In the previous week, Advanced Energy Industries had 2 more articles in the media than IPG Photonics. MarketBeat recorded 9 mentions for Advanced Energy Industries and 7 mentions for IPG Photonics. Advanced Energy Industries' average media sentiment score of 1.65 beat IPG Photonics' score of 0.36 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
2 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Advanced Energy Industries
4 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

IPG Photonics has a beta of 0.97, suggesting that its share price is 3% less volatile than the broader market. Comparatively, Advanced Energy Industries has a beta of 1.31, suggesting that its share price is 31% more volatile than the broader market.

Advanced Energy Industries has a net margin of 10.77% compared to IPG Photonics' net margin of 2.58%. Advanced Energy Industries' return on equity of 20.75% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
IPG Photonics2.58% 3.39% 2.98%
Advanced Energy Industries 10.77%20.75%10.39%

93.8% of IPG Photonics shares are owned by institutional investors. Comparatively, 99.7% of Advanced Energy Industries shares are owned by institutional investors. 37.5% of IPG Photonics shares are owned by company insiders. Comparatively, 1.3% of Advanced Energy Industries shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

IPG Photonics presently has a consensus price target of $142.60, indicating a potential upside of 88.00%. Advanced Energy Industries has a consensus price target of $409.50, indicating a potential upside of 48.56%. 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)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Advanced Energy Industries
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.93

Summary

Advanced Energy Industries beats IPG Photonics on 15 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 technology companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, media sentiment, analyst recommendations, dividends, profitability, risk, institutional ownership and earnings.

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

In the previous week, Cognex had 7 more articles in the media than IPG Photonics. MarketBeat recorded 14 mentions for Cognex and 7 mentions for IPG Photonics. Cognex's average media sentiment score of 0.55 beat IPG Photonics' score of 0.36 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)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cognex
4 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

IPG Photonics presently has a consensus target price of $142.60, suggesting a potential upside of 88.00%. Cognex has a consensus target price of $75.57, suggesting a potential upside of 25.93%. Given IPG Photonics' higher probable upside, equities 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)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Cognex
0 Sell rating(s)
7 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.67

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

Cognex has a net margin of 16.05% compared to IPG Photonics' net margin of 2.58%. Cognex's return on equity of 13.50% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
IPG Photonics2.58% 3.39% 2.98%
Cognex 16.05%13.50%10.02%

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$1.00B3.21$31.10M$0.65116.69
Cognex$994.36M10.15$114.44M$1.0358.26

Summary

Cognex beats IPG Photonics on 13 of the 17 factors compared between the two stocks.

How does IPG Photonics compare to MKS?

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

MKS has a beta of 2.03, suggesting that its stock price is 103% 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.

MKS has a net margin of 10.15% compared to IPG Photonics' net margin of 2.58%. MKS's return on equity of 24.72% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
MKS10.15% 24.72% 7.80%
IPG Photonics 2.58%3.39%2.98%

MKS has higher revenue and earnings than IPG Photonics. MKS 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
MKS$3.93B4.26$295M$6.2739.48
IPG Photonics$1.00B3.21$31.10M$0.65116.69

MKS presently has a consensus price target of $375.93, indicating a potential upside of 51.85%. IPG Photonics has a consensus price target of $142.60, indicating a potential upside of 88.00%. Given IPG Photonics' higher probable upside, analysts plainly believe IPG Photonics is more favorable than MKS.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MKS
1 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.81
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50

99.8% of MKS shares are owned by institutional investors. Comparatively, 93.8% of IPG Photonics shares are owned by institutional investors. 0.6% of MKS 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.

In the previous week, MKS had 1 more articles in the media than IPG Photonics. MarketBeat recorded 8 mentions for MKS and 7 mentions for IPG Photonics. MKS's average media sentiment score of 1.04 beat IPG Photonics' score of 0.36 indicating that MKS is being referred to more favorably in the media.

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

Summary

MKS beats IPG Photonics on 14 of the 17 factors compared between the two stocks.

How does IPG Photonics compare to Ralliant?

IPG Photonics (NASDAQ:IPGP) and Ralliant (NYSE:RAL) are both mid-cap technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, risk, dividends, valuation, analyst recommendations, media sentiment, profitability and earnings.

In the previous week, IPG Photonics had 4 more articles in the media than Ralliant. MarketBeat recorded 7 mentions for IPG Photonics and 3 mentions for Ralliant. IPG Photonics' average media sentiment score of 0.36 beat Ralliant's score of 0.26 indicating that IPG Photonics is being referred to more favorably in the media.

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

IPG Photonics has a beta of 0.97, indicating that its stock price is 3% less volatile than the broader market. Comparatively, Ralliant has a beta of 1.39, indicating that its stock price is 39% more volatile than the broader market.

IPG Photonics has higher earnings, but lower revenue than Ralliant. Ralliant 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$1.00B3.21$31.10M$0.65116.69
Ralliant$2.07B3.88-$1.22B-$10.85N/A

93.8% of IPG Photonics shares are held by institutional investors. 37.5% of IPG Photonics shares are held by insiders. Comparatively, 0.4% of Ralliant shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

IPG Photonics has a net margin of 2.58% compared to Ralliant's net margin of -56.38%. Ralliant's return on equity of 14.97% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
IPG Photonics2.58% 3.39% 2.98%
Ralliant -56.38%14.97%6.99%

IPG Photonics presently has a consensus target price of $142.60, indicating a potential upside of 88.00%. Ralliant has a consensus target price of $77.50, indicating a potential upside of 6.74%. Given IPG Photonics' higher possible upside, research analysts clearly believe IPG Photonics is more favorable than Ralliant.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Ralliant
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58

Summary

IPG Photonics beats Ralliant on 9 of the 16 factors compared between the two stocks.

How does IPG Photonics compare to Novanta?

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

Novanta has a net margin of 6.00% compared to IPG Photonics' net margin of 2.58%. Novanta's return on equity of 10.83% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
Novanta6.00% 10.83% 7.53%
IPG Photonics 2.58%3.39%2.98%

Novanta has higher earnings, but lower revenue than IPG Photonics. Novanta 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
Novanta$980.60M5.61$53.83M$1.5693.30
IPG Photonics$1.00B3.21$31.10M$0.65116.69

Novanta has a beta of 1.72, meaning that its share price is 72% more volatile than the broader market. Comparatively, IPG Photonics has a beta of 0.97, meaning that its share price is 3% less volatile than the broader market.

Novanta presently has a consensus price target of $194.00, suggesting a potential upside of 33.29%. IPG Photonics has a consensus price target of $142.60, suggesting a potential upside of 88.00%. Given IPG Photonics' stronger consensus rating and higher probable upside, analysts clearly believe IPG Photonics is more favorable than Novanta.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Novanta
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50

98.4% of Novanta shares are held by institutional investors. Comparatively, 93.8% of IPG Photonics shares are held by institutional investors. 1.2% of Novanta shares are held by insiders. Comparatively, 37.5% of IPG Photonics shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

In the previous week, Novanta and Novanta both had 7 articles in the media. IPG Photonics' average media sentiment score of 0.36 beat Novanta's score of -0.39 indicating that IPG Photonics is being referred to more favorably in the news media.

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

Summary

Novanta beats IPG Photonics on 9 of the 15 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 PhotonicsElectronic Equipment, Instruments & Components IndustryTechnology SectorNASDAQ Exchange
Market Cap$3.15B$8.82B$30.46B$13.04B
Dividend YieldN/A2.28%2.76%22.89%
P/E Ratio114.0628.3278.9025.51
Price / Sales3.1237.24581.1979.58
Price / Cash28.3937.2449.4853.04
Price / Book1.464.347.856.00
Net Income$31.10M$177.46M$765.70M$380.50M
7 Day Performance-9.00%-3.95%-3.24%-3.35%
1 Month Performance-1.72%-2.29%-2.33%-6.23%
1 Year Performance-11.53%770.27%164.97%-3.96%

IPG Photonics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IPGP
IPG Photonics
3.6458 of 5 stars
$73.61
-3.0%
$142.60
+93.7%
-8.9%$3.15B$1.00B114.064,840
AEIS
Advanced Energy Industries
4.8796 of 5 stars
$297.29
-2.3%
$409.50
+37.7%
+51.3%$12.19B$1.80B55.4613,000
CGNX
Cognex
4.4872 of 5 stars
$64.37
-0.9%
$75.21
+16.8%
+37.2%$10.93B$994.36M62.502,745
MKSI
MKS
4.9545 of 5 stars
$280.50
+0.5%
$375.93
+34.0%
+86.1%$18.88B$3.93B44.7410,300
RAL
Ralliant
2.4024 of 5 stars
$74.20
+1.4%
$77.20
+4.0%
+73.3%$8.10B$2.19BN/A7,000

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This page (NASDAQ:IPGP) was last updated on 10/14/2026 by MarketBeat.com Staff.
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