LightPath Technologies - LPTH Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LightPath Technologies in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" LPTH shares.
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1 Wall Street analysts have issued 1 year price targets for LightPath Technologies' shares. Their LPTH share price forecasts range from $2.00 to $3.70. On average, they expect the company's stock price to reach $2.85 in the next year. This suggests a possible upside of 86.3% from the stock's current price.
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LightPath Technologies' stock was trading at $1.22 at the beginning of the year. Since then, LPTH stock has increased by 25.4% and is now trading at $1.53.
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LightPath Technologies saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 187,400 shares, an increase of 59.1% from the December 31st total of 117,800 shares. Based on an average trading volume of 49,200 shares, the days-to-cover ratio is currently 3.8 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
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LightPath Technologies will be holding an earnings conference call on Thursday, February 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "1951507".

LightPath Technologies, Inc. (NASDAQ:LPTH) announced its quarterly earnings data on Thursday, November, 10th. The technology company reported ($0.05) EPS for the quarter, missing analysts' consensus estimates of $0.01 by $0.06. The technology company had revenue of $7.37 million for the quarter, compared to the consensus estimate of $11.39 million. LightPath Technologies had a negative net margin of 12.69% and a negative trailing twelve-month return on equity of 14.14%.

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 $1.53.

LightPath Technologies (NASDAQ:LPTH) has a market capitalization of $41.44 million and generates $35.56 million in revenue each year. The technology company earns $-3,540,000.00 in net income (profit) each year or ($0.16) on an earnings per share basis.

The company employs 353 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.