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IPG Photonics (IPGP) Competitors

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$105.27 0.00 (0.00%)
Closing price 07/2/2026 04:00 PM Eastern
Extended Trading
$107.00 +1.73 (+1.64%)
As of 07/2/2026 07:59 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, SANM, TRMB, and PLXS

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

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

Advanced Energy Industries currently has a consensus target price of $400.45, indicating a potential upside of 28.65%. IPG Photonics has a consensus target price of $135.50, indicating a potential upside of 28.72%. Given IPG Photonics' higher probable 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)
3 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.77
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56

In the previous week, Advanced Energy Industries had 1 more articles in the media than IPG Photonics. MarketBeat recorded 10 mentions for Advanced Energy Industries and 9 mentions for IPG Photonics. Advanced Energy Industries' average media sentiment score of 1.05 beat IPG Photonics' score of 0.48 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)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
IPG Photonics
4 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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$1.80B6.58$148.40M$4.7565.53
IPG Photonics$1.00B4.45$31.10M$0.69152.57

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 1.25, meaning that its share price is 25% more volatile than the broader market. Comparatively, IPG Photonics has a beta of 0.94, meaning that its share price is 6% less volatile than the broader market.

99.7% of Advanced Energy Industries shares are owned by institutional investors. Comparatively, 93.8% of IPG Photonics shares are owned by institutional investors. 1.3% of Advanced Energy Industries shares are owned by insiders. Comparatively, 37.5% of IPG Photonics 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.

Summary

Advanced Energy Industries beats IPG Photonics on 13 of the 16 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 investment? We will compare the two companies based on the strength of their dividends, institutional ownership, valuation, risk, analyst recommendations, media sentiment, earnings and profitability.

IPG Photonics has a beta of 0.94, suggesting that its share price is 6% less volatile than the broader market. Comparatively, Cognex has a beta of 1.49, suggesting that its share price is 49% more volatile than the broader market.

In the previous week, Cognex had 7 more articles in the media than IPG Photonics. MarketBeat recorded 16 mentions for Cognex and 9 mentions for IPG Photonics. Cognex's average media sentiment score of 1.18 beat IPG Photonics' score of 0.48 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
4 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cognex
10 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

IPG Photonics currently has a consensus price target of $135.50, suggesting a potential upside of 28.72%. Cognex has a consensus price target of $71.14, suggesting a potential upside of 4.93%. Given IPG Photonics' higher probable upside, 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)
4 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
2.88

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$1.00B4.45$31.10M$0.69152.57
Cognex$994.36M11.35$114.44M$0.8480.71

Summary

Cognex beats IPG Photonics on 12 of the 17 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 better stock? We will compare the two companies based on the strength of their dividends, institutional ownership, earnings, media sentiment, profitability, analyst recommendations, risk and valuation.

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 target price of $135.50, indicating a potential upside of 28.72%. Sanmina has a consensus target price of $150.00, indicating a potential downside of 31.75%. Given IPG Photonics' stronger consensus rating and higher possible upside, equities analysts plainly 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)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33

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 endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

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$1.00B4.45$31.10M$0.69152.57
Sanmina$8.13B1.45$245.89M$4.7346.46

In the previous week, IPG Photonics had 4 more articles in the media than Sanmina. MarketBeat recorded 9 mentions for IPG Photonics and 5 mentions for Sanmina. Sanmina's average media sentiment score of 0.66 beat IPG Photonics' score of 0.48 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
4 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Sanmina
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

IPG Photonics has a beta of 0.94, indicating that its share price is 6% less volatile than the broader market. Comparatively, Sanmina has a beta of 1.56, indicating that its share price is 56% more volatile than the broader market.

Summary

IPG Photonics beats Sanmina on 9 of the 16 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 superior stock? We will contrast the two businesses based on the strength of their profitability, dividends, analyst recommendations, media sentiment, earnings, institutional ownership, risk and valuation.

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 insiders. Comparatively, 0.6% of Trimble 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.

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$1.00B4.45$31.10M$0.69152.57
Trimble$3.59B3.45$424M$1.9027.92

IPG Photonics has a beta of 0.94, meaning that its share price is 6% 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.

In the previous week, IPG Photonics had 1 more articles in the media than Trimble. MarketBeat recorded 9 mentions for IPG Photonics and 8 mentions for Trimble. Trimble's average media sentiment score of 1.13 beat IPG Photonics' score of 0.48 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
4 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Trimble
4 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

IPG Photonics currently has a consensus target price of $135.50, suggesting a potential upside of 28.72%. Trimble has a consensus target price of $87.33, suggesting a potential upside of 64.66%. Given Trimble's stronger consensus rating and higher probable upside, analysts clearly 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

Summary

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

How does IPG Photonics compare to Plexus?

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

Plexus has higher revenue and earnings than IPG Photonics. Plexus 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
Plexus$4.31B1.71$172.88M$6.8440.22
IPG Photonics$1.00B4.45$31.10M$0.69152.57

Plexus presently has a consensus price target of $246.67, suggesting a potential downside of 10.34%. IPG Photonics has a consensus price target of $135.50, suggesting a potential upside of 28.72%. Given IPG Photonics' higher probable upside, analysts clearly believe IPG Photonics is more favorable than Plexus.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Plexus
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56

In the previous week, IPG Photonics had 4 more articles in the media than Plexus. MarketBeat recorded 9 mentions for IPG Photonics and 5 mentions for Plexus. Plexus' average media sentiment score of 1.45 beat IPG Photonics' score of 0.48 indicating that Plexus is being referred to more favorably in the media.

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

Plexus has a beta of 0.88, indicating that its stock price is 12% less volatile than the broader market. Comparatively, IPG Photonics has a beta of 0.94, indicating that its stock price is 6% less volatile than the broader market.

Plexus has a net margin of 4.35% compared to IPG Photonics' net margin of 2.78%. Plexus' return on equity of 12.84% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
Plexus4.35% 12.84% 5.87%
IPG Photonics 2.78%2.84%2.50%

94.4% of Plexus shares are held by institutional investors. Comparatively, 93.8% of IPG Photonics shares are held by institutional investors. 1.8% of Plexus shares are held by company insiders. Comparatively, 37.5% of IPG Photonics shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Plexus beats IPG Photonics on 9 of the 16 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$4.47B$823.28M$38.45B$12.48B
Dividend YieldN/AN/A3.17%6.51%
P/E Ratio152.5738.1478.9324.70
Price / Sales4.45150.93601.6499.06
Price / Cash39.2939.2945.6257.09
Price / Book2.0816.069.556.46
Net Income$31.10M-$16.97M$1.07B$337.01M
7 Day Performance-1.79%6.80%0.97%1.69%
1 Month Performance-1.96%-3.24%0.23%3.81%
1 Year Performance43.06%-8.92%143.56%23.90%

IPG Photonics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IPGP
IPG Photonics
4.1854 of 5 stars
$105.27
flat
$135.50
+28.7%
+43.1%$4.47B$1.00B152.574,840
AEIS
Advanced Energy Industries
4.7359 of 5 stars
$388.23
+4.2%
$361.82
-6.8%
+125.5%$14.17B$1.80B81.7313,000
CGNX
Cognex
4.3867 of 5 stars
$67.60
+2.3%
$70.43
+4.2%
+108.6%$11.00B$994.36M80.482,745
SANM
Sanmina
3.2686 of 5 stars
$253.45
+5.0%
$150.00
-40.8%
+114.7%$12.94B$8.13B53.5839,000
TRMB
Trimble
4.598 of 5 stars
$49.23
+0.1%
$87.33
+77.4%
-32.7%$11.46B$3.59B25.9111,500

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This page (NASDAQ:IPGP) was last updated on 7/5/2026 by MarketBeat.com Staff.
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