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IPG Photonics (IPGP) Competitors

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$85.79 +1.85 (+2.20%)
Closing price 08/14/2026 04:00 PM Eastern
Extended Trading
$85.02 -0.77 (-0.89%)
As of 08/14/2026 07:34 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, MKSI, ZBRA, and RAL

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), Zebra Technologies (ZBRA), and Ralliant (RAL). 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 contrast the two businesses based on the strength of their profitability, media sentiment, earnings, analyst recommendations, dividends, institutional ownership, valuation and risk.

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

IPG Photonics presently has a consensus price target of $142.60, suggesting a potential upside of 66.22%. Advanced Energy Industries has a consensus price target of $409.50, suggesting a potential upside of 23.99%. Given IPG Photonics' higher probable upside, 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

In the previous week, IPG Photonics and IPG Photonics both had 7 articles in the media. Advanced Energy Industries' average media sentiment score of 1.61 beat IPG Photonics' score of 0.72 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)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Advanced Energy Industries
5 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

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$1.00B3.63$31.10M$0.65131.98
Advanced Energy Industries$1.80B7.35$148.40M$5.3661.62

IPG Photonics has a beta of 0.96, meaning that its stock price is 4% less volatile than the broader market. Comparatively, Advanced Energy Industries has a beta of 1.29, meaning that its stock price is 29% 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%

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?

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

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 0.87 beat IPG Photonics' score of 0.72 indicating that Cognex is being referred to more favorably in the media.

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

Cognex has a beta of 1.49, meaning that its stock price is 49% more volatile than the broader market. Comparatively, IPG Photonics has a beta of 0.96, meaning that its stock price is 4% less 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
Cognex16.05% 13.50% 10.02%
IPG Photonics 2.58%3.39%2.98%

Cognex currently has a consensus target price of $75.64, suggesting a potential upside of 15.26%. IPG Photonics has a consensus target price of $142.60, suggesting a potential upside of 66.22%. Given IPG Photonics' higher probable upside, analysts clearly believe IPG Photonics is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cognex
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.82
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50

88.1% of Cognex shares are held by institutional investors. Comparatively, 93.8% of IPG Photonics shares are held by institutional investors. 1.7% of Cognex 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 company is poised for long-term growth.

Cognex has higher earnings, but lower revenue 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
Cognex$994.36M11.10$114.44M$1.0363.72
IPG Photonics$1.00B3.63$31.10M$0.65131.98

Summary

Cognex beats IPG Photonics on 12 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 investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, dividends, risk, valuation, profitability, analyst recommendations and media sentiment.

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$3.93B5.35$295M$6.2749.56
IPG Photonics$1.00B3.63$31.10M$0.65131.98

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 a beta of 1.98, suggesting that its share price is 98% more volatile than the broader market. Comparatively, IPG Photonics has a beta of 0.96, suggesting that its share price is 4% less volatile than the broader market.

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

MKS presently has a consensus target price of $385.00, indicating a potential upside of 23.90%. IPG Photonics has a consensus target price of $142.60, indicating a potential upside of 66.22%. Given IPG Photonics' higher possible upside, analysts clearly 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)
1 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.88
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50

In the previous week, MKS had 3 more articles in the media than IPG Photonics. MarketBeat recorded 10 mentions for MKS and 7 mentions for IPG Photonics. IPG Photonics' average media sentiment score of 0.72 beat MKS's score of 0.58 indicating that IPG Photonics is being referred to more favorably in the news media.

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

Summary

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

How does IPG Photonics compare to Zebra Technologies?

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

Zebra Technologies has higher revenue and earnings than IPG Photonics. Zebra 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
Zebra Technologies$5.40B3.32$419M$10.9334.40
IPG Photonics$1.00B3.63$31.10M$0.65131.98

Zebra Technologies has a beta of 1.59, indicating that its share price is 59% more volatile than the broader market. Comparatively, IPG Photonics has a beta of 0.96, indicating that its share price is 4% less volatile than the broader market.

Zebra Technologies currently has a consensus price target of $381.00, suggesting a potential upside of 1.32%. IPG Photonics has a consensus price target of $142.60, suggesting a potential upside of 66.22%. Given IPG Photonics' higher probable upside, analysts plainly believe IPG Photonics is more favorable than Zebra Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zebra Technologies
0 Sell rating(s)
3 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.85
IPG Photonics
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50

91.0% of Zebra Technologies shares are held by institutional investors. Comparatively, 93.8% of IPG Photonics shares are held by institutional investors. 0.9% of Zebra Technologies 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, hedge funds and endowments believe a company will outperform the market over the long term.

Zebra Technologies has a net margin of 9.22% compared to IPG Photonics' net margin of 2.58%. Zebra Technologies' return on equity of 22.29% beat IPG Photonics' return on equity.

Company Net Margins Return on Equity Return on Assets
Zebra Technologies9.22% 22.29% 9.46%
IPG Photonics 2.58%3.39%2.98%

In the previous week, Zebra Technologies had 5 more articles in the media than IPG Photonics. MarketBeat recorded 12 mentions for Zebra Technologies and 7 mentions for IPG Photonics. Zebra Technologies' average media sentiment score of 0.81 beat IPG Photonics' score of 0.72 indicating that Zebra Technologies is being referred to more favorably in the media.

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

Summary

Zebra Technologies beats IPG Photonics on 12 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 superior stock? We will contrast the two businesses based on the strength of their media sentiment, profitability, institutional ownership, earnings, risk, valuation, analyst recommendations and dividends.

IPG Photonics presently has a consensus target price of $142.60, suggesting a potential upside of 66.22%. Ralliant has a consensus target price of $75.70, suggesting a potential upside of 4.65%. Given IPG Photonics' higher probable upside, 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
1 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.67

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$1.00B3.63$31.10M$0.65131.98
Ralliant$2.07B3.87-$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 company insiders. Comparatively, 0.4% of Ralliant shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company 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 has a beta of 0.96, indicating that its share price is 4% less volatile than the broader market. Comparatively, Ralliant has a beta of 1.6, indicating that its share price is 60% more volatile than the broader market.

In the previous week, IPG Photonics had 2 more articles in the media than Ralliant. MarketBeat recorded 7 mentions for IPG Photonics and 5 mentions for Ralliant. IPG Photonics' average media sentiment score of 0.72 beat Ralliant's score of 0.64 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)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Ralliant
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

IPG Photonics beats Ralliant 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 PhotonicsElectronic Equipment, Instruments & Components IndustryTechnology SectorNASDAQ Exchange
Market Cap$3.57B$9.49B$30.69B$13.10B
Dividend YieldN/A2.24%2.73%10.45%
P/E Ratio131.9935.9375.5325.28
Price / Sales3.6352.06602.1791.83
Price / Cash31.3338.5153.7250.90
Price / Book1.725.349.576.24
Net Income$31.10M$198.40M$681.19M$347.60M
7 Day Performance-4.92%2.05%1.42%1.06%
1 Month Performance-20.50%2.76%2.75%0.81%
1 Year Performance9.05%843.51%199.68%20.90%

IPG Photonics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IPGP
IPG Photonics
3.7549 of 5 stars
$85.79
+2.2%
$142.60
+66.2%
+8.0%$3.57B$1.00B131.994,840
AEIS
Advanced Energy Industries
4.7802 of 5 stars
$296.38
+2.4%
$404.25
+36.4%
+104.0%$11.01B$1.80B62.4013,000
CGNX
Cognex
4.4839 of 5 stars
$67.44
+3.4%
$72.31
+7.2%
+50.8%$10.86B$994.36M80.292,745
MKSI
MKS
4.7626 of 5 stars
$309.98
+4.2%
$383.57
+23.7%
+196.7%$20.09B$3.93B64.8510,300
ZBRA
Zebra Technologies
3.674 of 5 stars
$291.64
-0.7%
$327.00
+12.1%
+14.7%$14.00B$5.58B35.2610,700

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This page (NASDAQ:IPGP) was last updated on 8/15/2026 by MarketBeat.com Staff.
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