LightPath Technologies - LPTH Stock Forecast, Price & News

1 Wall Street equities research 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 equities research analysts is that investors should "buy" LPTH shares.
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1 Wall Street research analysts have issued 1 year price objectives for LightPath Technologies' shares. Their LPTH share price forecasts range from $2.00 to $3.70. On average, they predict the company's stock price to reach $2.85 in the next twelve months. This suggests a possible upside of 148.5% from the stock's current price.
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LightPath Technologies' stock was trading at $2.44 at the beginning of 2022. Since then, LPTH shares have decreased by 53.0% and is now trading at $1.1467.
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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, Inc. (NASDAQ:LPTH) released its earnings results on Wednesday, September, 14th. The technology company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.03. The technology company had revenue of $8.91 million for the quarter, compared to the consensus estimate of $9.69 million. LightPath Technologies had a negative trailing twelve-month return on equity of 14.14% and a negative net margin of 12.69%. During the same quarter last year, the company earned ($0.11) EPS.

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."

LightPath Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.87%), Renaissance Technologies LLC (2.74%), Dimensional Fund Advisors LP (0.33%) and Tower Research Capital LLC TRC (0.11%). Insiders that own company stock include Albert Miranda, Darcie Peck, Donald O'connor Retreage Jr, Louis Leeburg, Shmuel Rubin and Steven E Creviston.
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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 $1.15.

LightPath Technologies (NASDAQ:LPTH) has a market capitalization of $31.05 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.