NYSE:NPTN - NeoPhotonics Stock Price, Forecast & News

NeoPhotonics' stock was trading at $6.53 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NPTN shares have increased by 3.4% and is now trading at $6.75. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NeoPhotonics in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for NeoPhotonics.

NeoPhotonics is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for NeoPhotonics.

NeoPhotonics Corp (NYSE:NPTN) posted its quarterly earnings results on Thursday, February, 27th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.10. The semiconductor company had revenue of $103.36 million for the quarter, compared to the consensus estimate of $97.38 million. NeoPhotonics had a negative net margin of 4.79% and a negative return on equity of 7.39%. The firm's quarterly revenue was up 13.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.11 earnings per share. View NeoPhotonics' earnings history.

NeoPhotonics updated its first quarter earnings guidance on Thursday, February, 27th. The company provided earnings per share (EPS) guidance of $0.00-0.10 for the period, compared to the Thomson Reuters consensus estimate of ($0.02). The company issued revenue guidance of $83-90 million, compared to the consensus revenue estimate of $84.60 million.

7 analysts have issued twelve-month price objectives for NeoPhotonics' shares. Their forecasts range from $7.00 to $11.00. On average, they anticipate NeoPhotonics' stock price to reach $9.64 in the next year. This suggests a possible upside of 42.9% from the stock's current price. View analysts' price targets for NeoPhotonics.

News headlines about NPTN stock have been trending very positive recently, InfoTrie reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. NeoPhotonics earned a daily sentiment score of 4.0 on InfoTrie's scale. They also assigned media stories about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutNeoPhotonics.

NeoPhotonics saw a increase in short interest in March. As of March 13th, there was short interest totaling 2,511,300 shares, an increase of 19.6% from the February 27th total of 2,100,000 shares. Based on an average trading volume of 792,600 shares, the days-to-cover ratio is currently 3.2 days. Currently, 5.5% of the shares of the stock are short sold. View NeoPhotonics' Current Options Chain.

Some companies that are related to NeoPhotonics include Intel (INTC), NVIDIA (NVDA), Texas Instruments (TXN), Broadcom (AVGO), Micron Technology (MU), Analog Devices (ADI), Xilinx (XLNX), Microchip Technology (MCHP), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), Cree (CREE) and Silicon Laboratories (SLAB).

Based on aggregate information from My MarketBeat watchlists, some companies that other NeoPhotonics investors own include Cheniere Energy (LNG), Applied Optoelectronics (AAOI), Micron Technology (MU), Netflix (NFLX), NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Square (SQ), Amarin (AMRN) and Baidu (BIDU).

NeoPhotonics trades on the New York Stock Exchange (NYSE) under the ticker symbol "NPTN."

NeoPhotonics' stock is owned by a variety of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (6.19%), Nuveen Asset Management LLC (3.51%), Renaissance Technologies LLC (3.38%), Prudential Financial Inc. (2.70%), Acadian Asset Management LLC (2.59%) and Geode Capital Management LLC (2.43%). Company insiders that own NeoPhotonics stock include Chiyue Cheung, Elizabeth Lynne Eby, Michael J Sophie, Timothy Storrs Jenks and Yuen Wupen. View institutional ownership trends for NeoPhotonics.

NPTN stock was sold by a variety of institutional investors in the last quarter, including Masters Capital Management LLC, Kennedy Capital Management Inc., Geode Capital Management LLC, Oxford Asset Management LLP, AQR Capital Management LLC, Boston Partners, Alambic Investment Management L.P., and Chicago Equity Partners LLC. Company insiders that have sold NeoPhotonics company stock in the last year include Chiyue Cheung, Michael J Sophie, Timothy Storrs Jenks, and Yuen Wupen. View insider buying and selling activity for NeoPhotonics.

NPTN stock was purchased by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Renaissance Technologies LLC, Prudential Financial Inc., Panagora Asset Management Inc., Russell Investments Group Ltd., Sei Investments Co., State Street Corp, and SkyOak Wealt LLC. View insider buying and selling activity for NeoPhotonics.

Shares of NPTN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NPTN stock can currently be purchased for approximately $6.75.

NeoPhotonics has a market capitalization of $328.32 million and generates $356.80 million in revenue each year. The semiconductor company earns $-17,080,000.00 in net income (profit) each year or ($0.23) on an earnings per share basis. NeoPhotonics employs 1,690 workers across the globe. View additional information about NeoPhotonics.

The official website for NeoPhotonics is http://www.neophotonics.com/.

NeoPhotonics' mailing address is 30811 ZANKER ROAD, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-232-9200 or via email at [email protected]