Brokerages Set Target Price for IPG Photonics Co. (NASDAQ:IPGP) at $89.75

On February 21, 2025, IPG Photonics Co. (NASDAQ:IPGP) received a consensus rating of "Hold" from six analysts who have recently reviewed the stock, as reported by MarketBeat. Among these analysts, one has given the stock a sell rating, three have assigned a hold rating, one a buy rating, and another a strong buy rating. The average target price set by analysts over the last year for IPG Photonics stands at $87.75.

A number of analysts have shared their perspectives on IPG shares. Citigroup recently lowered its price objective from $62.00 to $60.00 and issued a sell rating for the company in a report published on Tuesday. On the other hand, Stifel Nicolaus revised its price target from $100.00 to $85.00 while maintaining a buy rating in a report released on February 12th. Additionally, Northcoast Research changed its stance on IPG Photonics, downgrading it from a buy rating to neutral on December 4th. Needham & Company LLC reaffirmed a hold rating on IPG Photonics shares in a research report circulated on February 12th. Finally, Benchmark reaffirmed its hold rating on the stock on October 30th of the previous year.

Institutional Investors' Involvement with IPG Photonics

In recent quarters, several institutional investors adjusted their stake in IPG Photonics. Versant Capital Management Inc boosted its holdings by 56.7% during the fourth quarter, now owning 954 shares of the semiconductor company with a value of $69,000 after acquiring an additional 345 shares. Venturi Wealth Management LLC reported a dramatic increase of 355.7% in its position during the same quarter, bringing its total holdings to 1,048 shares valued at $76,000 after adding 818 shares. Furthermore, SRS Capital Advisors Inc. grew its stake by 463.5%, now holding 1,065 shares worth $77,000 after acquiring an additional 876 shares in the fourth quarter. KBC Group NV also increased its position by 50.6% in the third quarter, owning 1,086 shares valued at $81,000 after purchasing an additional 365 shares. Additionally, Headlands Technologies LLC made a new investment in IPG Photonics, with its holdings valued at approximately $87,000. It is noteworthy that institutional investors and hedge funds collectively own approximately 93.79% of the stock.

Current Stock Performance of IPG Photonics

As of Tuesday, IPG Photonics stock opened at $64.60. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of -15.45, and a beta of 0.95. The stock has seen a 12-month low of $60.72 and a high of $92.21. Furthermore, the 50-day and 200-day simple moving averages are $72.05 and $72.86, respectively.

IPG Photonics recently reported its quarterly earnings on February 11th. For the quarter, the semiconductor company posted earnings of $0.18 per share, falling short of the consensus estimate of $0.23 by $0.05. The company exhibited a positive return on equity of 2.98%, although it reported a negative net margin of 18.58%. Analysts predict that IPG Photonics will post earnings of 1.54 EPS for the current fiscal year.

About IPG Photonics Corporation

IPG Photonics Corporation specializes in the development, manufacturing, and sale of high-performance fiber lasers, fiber amplifiers, and diode lasers for various applications, primarily in materials processing globally. Its product offerings include hybrid fiber-solid state lasers across a variety of wavelengths, fiber pigtailed packaged diodes, and fiber-coupled direct diode laser systems, among other advanced laser technologies and accessories.

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