LightPath Technologies (LPTH) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for LightPath Technologies in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LPTH shares.
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2 brokerages have issued twelve-month target prices for LightPath Technologies' stock. Their LPTH share price forecasts range from $3.00 to $3.00. On average, they predict the company's share price to reach $3.00 in the next twelve months. This suggests a possible upside of 102.7% from the stock's current price.
View analysts price targets for LPTH or view top-rated stocks among Wall Street analysts.

LightPath Technologies' stock was trading at $1.22 at the beginning of the year. Since then, LPTH stock has increased by 21.3% and is now trading at $1.48.
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LightPath Technologies saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 136,600 shares, an increase of 30.8% from the August 31st total of 104,400 shares. Based on an average daily volume of 186,400 shares, the short-interest ratio is presently 0.7 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our LPTH earnings forecast.

LightPath Technologies, Inc. (NASDAQ:LPTH) released its quarterly earnings results on Thursday, November, 4th. The technology company reported ($0.02) EPS for the quarter, meeting analysts' consensus estimates of ($0.02). The technology company had revenue of $9.10 million for the quarter, compared to the consensus estimate of $8.79 million. LightPath Technologies had a negative trailing twelve-month return on equity of 12.57% and a negative net margin of 12.29%. During the same period last year, the business posted $0.01 earnings per share.

3 employees have rated LightPath Technologies Chief Executive Officer Jim Gaynor on Glassdoor.com. Jim Gaynor has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other LightPath Technologies investors own include EXFO (EXFO), RTI Surgical (RTIX), Merit Medical Systems (MMSI), Pfizer (PFE), Advanced Micro Devices (AMD), Pixelworks (PXLW), Kopin (KOPN), Palatin Technologies (PTN), Sorrento Therapeutics (SRNE) and Micron Technology (MU).

LightPath Technologies trades on the NASDAQ under the ticker symbol "LPTH."

Shares of LPTH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LPTH stock can currently be purchased for approximately $1.48.

LightPath Technologies (NASDAQ:LPTH) has a market capitalization of $55.44 million and generates $32.93 million in revenue each year. The technology company earns $-4,050,000.00 in net income (profit) each year or ($0.13) on an earnings per share basis.

The company employs 329 workers across the globe.

LightPath Technologies' mailing address is 2603 CHALLENGER TECH CT SUITE 100, ORLANDO FL, 32826. The official website for the company is www.lightpath.com. The technology company can be reached via phone at (407) 382-4003 or via fax at 407-382-4007.