NYSE:NPTNNeoPhotonics Stock Price, Forecast & News

NeoPhotonics' stock was trading at $6.53 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NPTN shares have increased by 31.7% and is now trading at $8.60. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NeoPhotonics in the last year. There are currently 3 hold ratings 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 Monday, August 3rd 2020. View our earnings forecast for NeoPhotonics.

NeoPhotonics Corp (NYSE:NPTN) announced its earnings results on Thursday, April, 30th. The semiconductor company reported $0.17 EPS for the quarter, beating the Zacks' consensus estimate of $0.05 by $0.12. The semiconductor company earned $97.40 million during the quarter, compared to the consensus estimate of $86.48 million. NeoPhotonics had a net margin of 0.89% and a return on equity of 4.86%. The firm's revenue for the quarter was up 22.7% on a year-over-year basis. During the same period last year, the firm posted ($0.19) EPS. View NeoPhotonics' earnings history.

NeoPhotonics updated its second quarter 2020 Pre-Market earnings guidance on Tuesday, May, 26th. The company provided earnings per share guidance of 0.10-0.15 for the period, compared to the Thomson Reuters consensus estimate of $0.11. The company issued revenue guidance of $98-102 million, compared to the consensus revenue estimate of $98.89 million.

9 Wall Street analysts have issued twelve-month price targets for NeoPhotonics' shares. Their forecasts range from $7.00 to $14.00. On average, they expect NeoPhotonics' share price to reach $11.00 in the next twelve months. This suggests a possible upside of 27.9% from the stock's current price. View analysts' price targets for NeoPhotonics.

News coverage about NPTN stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. NeoPhotonics earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned news headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about NeoPhotonics.

NeoPhotonics saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 4,110,000 shares, a decline of 7.8% from the May 31st total of 4,460,000 shares. Based on an average daily trading volume, of 1,130,000 shares, the short-interest ratio is presently 3.6 days. Currently, 9.0% 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), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Xilinx (XLNX), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), Inphi (IPHI) and First Solar (FSLR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other NeoPhotonics investors own include Cheniere Energy (LNG), Alibaba Group (BABA), Applied Optoelectronics (AAOI), Micron Technology (MU), NVIDIA (NVDA), Netflix (NFLX), Lumentum (LITE), Advanced Micro Devices (AMD), Intel (INTC) and AT&T (T).

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

NeoPhotonics' stock is owned by many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.03%) and Diversified Trust Co (0.02%). 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 bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Diversified Trust Co. 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 $8.60.

NeoPhotonics has a market capitalization of $419.30 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.

The official website for NeoPhotonics is www.neophotonics.com.

NeoPhotonics' mailing address is 3081 ZANKER ROAD, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-232-9200 or via email at [email protected]