IPG Photonics Corporation IPGP
- Market cap
- $3.3B
- P/E
- 118×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 73.55 | 95.04 | 104.64 | 107.52 | 98.04 | 151.27 | 79.88 | 83.00 | 61.86 | 48.59 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 102.90 | 248.23 | 264.11 | 182.17 | 227.09 | 262.55 | 176.63 | 141.85 | 108.09 | 92.21 |
High Price
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| 4,230 | 5,030 | 6,220 | 5,960 | 6,060 | 6,580 | 6,230 | 6,180 | 4,740 | 4,840 |
Employees
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
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| 1,006 | 1,409 | 1,460 | 1,315 | 1,201 | 1,461 | 1,430 | 1,287 | 977 | 1,004 |
Revenue
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| 54.89% | 56.56% | 54.82% | 46.11% | 44.89% | 47.67% | 38.85% | 42.08% | 34.61% | 38.00% |
Gross Margin
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| 367 | 552 | 534 | 248 | 206 | 366 | 183 | 275 | (162) | 45 |
EBT
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| 36.43% | 39.17% | 36.61% | 18.89% | 17.13% | 25.09% | 12.83% | 21.35% | (16.57%) | 4.49% |
EBT Margin
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| 261 | 348 | 404 | 180 | 160 | 278 | 111 | 219 | (182) | 31 |
Net Income
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| 51 | 65 | 80 | 133 | 139 | 99 | 91 | 45 | 44 | 53 |
Depreciation
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| 18.96 | 26.34 | 27.28 | 24.77 | 22.58 | 27.35 | 28.16 | 27.30 | 22.04 | 23.70 |
Revenue/Sh
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| 4.91 | 6.50 | 7.55 | 3.40 | 3.00 | 5.21 | 2.17 | 4.64 | (4.09) | 0.73 |
Earnings/Sh
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| 5.61 | 7.58 | 7.35 | 6.10 | 5.36 | 7.30 | 4.19 | 6.28 | 5.59 | 1.78 |
Cash Flow/Sh
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| (2.38) | (2.07) | (2.98) | (2.50) | (1.63) | (2.28) | (1.64) | (1.68) | (1.58) | (1.84) |
Capex/Sh
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| 3.23 | 5.51 | 4.37 | 3.59 | 3.73 | 5.02 | 2.55 | 4.60 | 4.01 | (0.06) |
Free CF/Sh
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| 29.35 | 37.80 | 41.22 | 45.28 | 48.77 | 51.44 | 46.99 | 51.22 | 45.66 | 50.26 |
Book Value/Sh
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| 53 | 53 | 54 | 53 | 53 | 53 | 51 | 47 | 44 | 42 |
Shares
|
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| 20.12 | 34.21 | 15.01 | 42.62 | 74.35 | 33.04 | 48.49 | 23.02 | 0.00 | 95.47 |
PE Ratio
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| 5.21 | 8.44 | 4.15 | 5.85 | 9.91 | 6.29 | 3.43 | 3.90 | 3.30 | 3.02 |
PS Ratio
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| 3.37 | 5.88 | 2.75 | 3.20 | 4.59 | 3.35 | 2.05 | 2.08 | 1.59 | 1.42 |
PB Ratio
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| 4.42 | 7.68 | 3.47 | 4.98 | 8.79 | 5.28 | 2.63 | 3.00 | 2.37 | 2.20 |
EV/Sales
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| 25.99 | 36.73 | 21.64 | 34.35 | 75.99 | 28.78 | 29.01 | 17.83 | 12.99 | (872.66) |
EV/FCF
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| 298 | 405 | 393 | 324 | 285 | 390 | 213 | 296 | 248 | 75 |
Op' Cash Flow
|
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| (126) | (111) | (159) | (133) | (87) | (122) | (83) | (79) | (70) | (78) |
Capex
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| 171 | 295 | 234 | 191 | 199 | 268 | 129 | 217 | 178 | (3) |
FCF
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| 1,143 | 1,555 | 1,560 | 1,705 | 1,933 | 2,034 | 1,712 | 1,700 | 1,226 | 1,189 |
Working Cap'
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| 41 | 49 | 45 | 42 | 38 | 34 | 33 | — | — | — |
Total Debt
|
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| (790) | (1,067) | (999) | (1,141) | (1,353) | (1,480) | (1,145) | (1,177) | (930) | (839) |
Net Debt
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| 1,558 | 2,022 | 2,206 | 2,402 | 2,594 | 2,747 | 2,385 | 2,415 | 2,024 | 2,128 |
Sh' Equity
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| 16.08% | 16.72% | 16.35% | 6.80% | 5.63% | 9.12% | 3.72% | 8.04% | (7.28%) | 1.32% |
ROA
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| 29.65% | 36.06% | 27.11% | 11.58% | 10.00% | 18.15% | 8.54% | 11.71% | (11.89%) | 0.64% |
ROIC
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| 18.50% | 19.42% | 19.11% | 7.82% | 6.39% | 10.42% | 4.28% | 9.12% | (8.18%) | 1.50% |
ROE
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IPG Photonics Corporation peers in Semiconductor Equipment & Materials
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| AEHR Aehr Test Systems | $3.3B | 0.0× | Compare |
| AMBA Ambarella, Inc. | $3.1B | 0.0× | Compare |
| UCTT Ultra Clean Holdings, Inc. | $3.5B | 0.0× | Compare |
| COHU Cohu, Inc. | $3.0B | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| ACLS Axcelis Technologies, Inc. | $3.6B | 41.0× | Compare |
| VECO Veeco Instruments Inc. | $2.8B | 131× | Compare |
| KLIC Kulicke and Soffa Industries, Inc. | $4.6B | 41.3× | Compare |
| ICHR Ichor Holdings, Ltd. | $2.1B | 0.0× | Compare |
IPG Photonics Corporation (IPGP) key facts
- IPG Photonics Corporation (IPGP) is a Semiconductor Equipment & Materials company in the Technology sector, listed on Nasdaq.
- IPG Photonics Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 2.73% from fiscal 2024.
- As of September 25, 2026, IPGP traded at $78.12, a market capitalization of $3.3 billion.
- Return on equity was 1.50% and debt-to-equity 0.00.
IPG Photonics Corporation (IPGP) Latest News
3 Sep
IPG Photonics (IPGP) shares fell 16.6% since the latest earnings report amid weak investor reaction to results and outlook. Post-earnings stock drop reflects negative sentiment that may pressure near-term valuation and operational focus.
21 Aug
IPG Photonics stock declined but new fiber laser applications and market expansion efforts are now drawing investor focus and potential buying interest. Upcoming product and market moves point to moderate influence on financial results and positioning.
7 Aug
IPG Photonics earnings underscore the firm's recovery trajectory and refocus attention on its stock valuation. Earnings data can shift near-term sentiment and valuation views for IPG Photonics without guaranteeing fundamental trajectory changes.
6 Aug
IPGP stock rose 14.4% after Q2 earnings beat and announced deal plans with Lumibird, raising questions on whether the bull case has shifted. Q2 beat and Lumibird deal plans create moderate near-term gains without fundamentally redefining IPGP long-term trajectory.
5 Aug
IPGP beat Q2 earnings estimates driven by growth in industrial solutions. Q2 earnings beat signals stronger financial results and growth momentum for IPGP.
4 Aug
IPG Photonics reported record growth during its Q2 2026 earnings call while outlining plans for strategic expansion. Record growth combined with strategic expansion signals major positive shifts in financial performance and market positioning.
IPG Photonics Q2 earnings call highlights include revenue, margins, operational updates and management outlook on demand and strategy. Q2 earnings details and forward guidance directly shape investor views and IPGP stock trajectory.
IPG Photonics shares rose after positive developments boosted investor sentiment around the company's operations and market position. Stock rally reflects moderate short-term positive sentiment without evidence of major strategic or structural shifts.
IPG Photonics Corporation reported its second quarter 2026 financial results. Quarterly earnings releases provide performance data that can shift near-term stock valuation and sentiment.
3 Aug
IPG Photonics prepares to report earnings with focus on revenue, margins, and forward guidance in industrial laser markets. Earnings preview may shift near-term sentiment and valuation without changing core business trajectory.
21 Jul
IPG Photonics expands into medical markets, generating benefits for the company through new revenue streams and strategic positioning. Strategic expansion into medical markets opens significant new revenue channels and alters IPG Photonics long-term trajectory.
17 Jul
IPG Photonics pursues medical laser growth via €300M Lumibird Medical acquisition. €300M acquisition expands IPG Photonics into medical lasers with major strategic investment.
16 Jul
IPG Photonics announced a binding offer to acquire Lumibird Medical to expand its medical laser growth platform. Acquisition expands IPG Photonics medical laser operations via major strategic move.
10 Jul
Coherent's margin expansion stands out as a key metric for investors tracking competitive dynamics in photonics and laser markets where IPGP operates. Positive margin trends at competitor Coherent signal potential pressure on IPGP market share and pricing power.
30 Jun
IPG Photonics (IPGP) stock surges today driven by favorable developments affecting investor sentiment and near-term trading activity. Stock price surge signals moderately positive market reaction that may influence sentiment without fundamentally shifting long-term operations or strategy.
12 Jun
IPG Photonics stock valuation comes under review after semiconductor sector selloff and shifting macroeconomic sentiment. Semiconductor selloff and macro shifts can moderately affect IPGP market performance and investor views.
5 Jun
IPG Photonics posts strong Q1 orders and margins, prompting questions on whether its bull case requires adjustment. Strong Q1 orders and margins may moderately lift IPG Photonics financial outlook and investor sentiment without fundamentally reshaping long-term trajectory.
3 Jun
IPG Photonics faces three major risks that undermine its investment case, resulting in a direct recommendation to buy a different stock instead. Negative risk assessment can reduce investor confidence and pressure near-term share price.
Nvidia CEO comments drive notable trading activity and price moves in IPGP shares due to perceived technology linkages. Nvidia CEO remarks create short-term sentiment shifts for IPGP without altering core fundamentals or strategy.
31 May
Needham upgraded IPG Photonics (IPGP) to Buy as new orders arrive faster than the company can fill them. Analyst Buy upgrade tied to accelerating orders signals stronger revenue outlook and improved investor sentiment for IPGP.
14 May
IPG Photonics Q1 earnings call highlighted five most interesting analyst questions probing company performance, market challenges, and future outlook. Analyst questions from Q1 earnings call signal moderately noticeable influences on IPGP's financial performance and investor sentiment.
13 May
IPG Photonics (NASDAQ:IPGP) profits viewed as mere baseline with strong potential for higher future achievements. Optimistic profit outlook signals moderate potential boost to financial performance and investor sentiment.
11 May
IPG Photonics Corporation announced first quarter 2026 financial results. Quarterly earnings directly influence financial performance and investor sentiment.
8 May
IPG Photonics (IPGP) beat earnings expectations, but profitability weakened, leading to a valuation analysis highlighting mixed financial signals. Earnings beat boosts short-term sentiment, but declining profitability signals moderate risks to future margins and valuation.
7 May
IPG Photonics Corporation missed EPS estimates by 85%, prompting analysts to predict future performance amid concerns over financial results. An 85% EPS miss indicates severe financial underperformance, poised to significantly sway investor sentiment and stock trajectory.
6 May
IPG Photonics (IPGP) Q1 earnings missed estimates, though strong industrial growth supported revenue. Earnings miss affects financial performance but industrial growth provides balance.
IPG Photonics faces a profit squeeze that challenges the expected financial benefits from its recent patent peace agreements, potentially reshaping investor narratives around long-term gains. Profit squeeze affects financial performance and questions strategic patent benefits, with moderate influence balanced by other factors.
5 May
IPG Photonics Corporation released Q1 2026 earnings call summary detailing quarterly financial results, operational updates, and future guidance. Quarterly earnings summaries disclose financial metrics and forecasts that significantly sway investor sentiment and stock trajectory.
IPG Photonics (IPGP) Q1 2026 earnings call transcript details quarterly financial results, management discussion, and forward-looking guidance. Quarterly earnings transcripts deliver critical financial metrics, operational updates, and strategic outlook that significantly shape investor expectations and stock trajectory.
IPG Photonics Q1 earnings call highlights revenue of $326.8 million, down 15% year-over-year; GAAP net income $25.3 million; non-GAAP $35.1 million; gross margin 42.5%; new orders $297 million; outlook cautious amid industrial weakness but optimistic on EV and defense segments. Q1 results show revenue decline and cautious guidance impacting short-term sentiment but balanced by segment growth prospects.