IPG Photonics Corporation IPGP

78.12 0.70 0.90% as of 25 Sep
Market cap
$3.3B
P/E
118×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.20
Total sells 80.78
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — 1 —
Sell 7 6 4 5 4 1 — 2 4 3 1 —
Insider Ownership 39.75%

Capital & Financial Ratios

Market Cap 3,290.00
Revenue 1,069.34
Net Income 27.56
Free Cash Flow 22.16
Net Debt (871.32)
Current Ratio 6.18
Debt/Equity 0.00
P/E ratio 118.36
P/S ratio 3.10
P/B ratio 1.56
Past 5Y EPS Growth (8.92%)
This Y EPS Growth 51.20%
Next Y EPS Growth 104.24%
Next 5Y EPS Growth 61.28%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 1,177 930 839 871
Receivables 219 171 182 182
Inventory 454 285 313 331
Other — — — —
1,915 1,431 1,423 1,479
2023 2024 2025 Q'26
Payables 29 35 39 43
ST’ Debt — — — —
Other — — — —
215 205 234 239
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 1.08% (3.52%) (11.12%)
Cash Flow (11.77%) (23.38%) (29.24%)
Earnings (18.56%) (27.90%) (34.35%)
Book Value 5.38% (3.88%) (3.73%)

Revenue

Mar Jun Sep Dec Year
’26 265 279 — — —
’25 228 251 251 274 1,004
’24 252 258 233 234 977
’23 347 340 301 299 1,287
’22 370 377 349 334 1,430
’21 346 372 379 364 1,461
’20 249 296 318 337 1,201
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (5) 38 — — —
’25 13 (2) 35 29 75
’24 55 53 66 74 248
’23 37 67 86 106 296
’22 16 79 76 42 213
’21 88 116 102 85 390
’20 57 73 70 0 285
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (21) 17 — — —
’25 (11) (17) 15 11 (3)
’24 52 32 43 51 178
’23 5 41 89 82 217
’22 (8) 44 51 42 129
’21 60 89 63 56 268
’20 39 54 45 0 199
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.04 0.12 — — —
’25 0.09 0.16 0.18 0.31 0.73
’24 0.52 0.45 (5.33) 0.18 (4.09)
’23 1.26 1.31 1.16 0.89 4.63
’22 1.31 1.10 1.47 (1.91) 2.16
’21 1.26 1.29 1.40 1.21 5.16
’20 0.68 0.71 0.66 0.92 2.97
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell
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
102.90 248.23 264.11 182.17 227.09 262.55 176.63 141.85 108.09 92.21
High Price
4,230 5,030 6,220 5,960 6,060 6,580 6,230 6,180 4,740 4,840
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
1,006 1,409 1,460 1,315 1,201 1,461 1,430 1,287 977 1,004
Revenue
54.89% 56.56% 54.82% 46.11% 44.89% 47.67% 38.85% 42.08% 34.61% 38.00%
Gross Margin
367 552 534 248 206 366 183 275 (162) 45
EBT
36.43% 39.17% 36.61% 18.89% 17.13% 25.09% 12.83% 21.35% (16.57%) 4.49%
EBT Margin
261 348 404 180 160 278 111 219 (182) 31
Net Income
51 65 80 133 139 99 91 45 44 53
Depreciation
18.96 26.34 27.28 24.77 22.58 27.35 28.16 27.30 22.04 23.70
Revenue/Sh
4.91 6.50 7.55 3.40 3.00 5.21 2.17 4.64 (4.09) 0.73
Earnings/Sh
5.61 7.58 7.35 6.10 5.36 7.30 4.19 6.28 5.59 1.78
Cash Flow/Sh
(2.38) (2.07) (2.98) (2.50) (1.63) (2.28) (1.64) (1.68) (1.58) (1.84)
Capex/Sh
3.23 5.51 4.37 3.59 3.73 5.02 2.55 4.60 4.01 (0.06)
Free CF/Sh
29.35 37.80 41.22 45.28 48.77 51.44 46.99 51.22 45.66 50.26
Book Value/Sh
53 53 54 53 53 53 51 47 44 42
Shares
20.12 34.21 15.01 42.62 74.35 33.04 48.49 23.02 0.00 95.47
PE Ratio
5.21 8.44 4.15 5.85 9.91 6.29 3.43 3.90 3.30 3.02
PS Ratio
3.37 5.88 2.75 3.20 4.59 3.35 2.05 2.08 1.59 1.42
PB Ratio
4.42 7.68 3.47 4.98 8.79 5.28 2.63 3.00 2.37 2.20
EV/Sales
25.99 36.73 21.64 34.35 75.99 28.78 29.01 17.83 12.99 (872.66)
EV/FCF
298 405 393 324 285 390 213 296 248 75
Op' Cash Flow
(126) (111) (159) (133) (87) (122) (83) (79) (70) (78)
Capex
171 295 234 191 199 268 129 217 178 (3)
FCF
1,143 1,555 1,560 1,705 1,933 2,034 1,712 1,700 1,226 1,189
Working Cap'
41 49 45 42 38 34 33 — — —
Total Debt
(790) (1,067) (999) (1,141) (1,353) (1,480) (1,145) (1,177) (930) (839)
Net Debt
1,558 2,022 2,206 2,402 2,594 2,747 2,385 2,415 2,024 2,128
Sh' Equity
16.08% 16.72% 16.35% 6.80% 5.63% 9.12% 3.72% 8.04% (7.28%) 1.32%
ROA
29.65% 36.06% 27.11% 11.58% 10.00% 18.15% 8.54% 11.71% (11.89%) 0.64%
ROIC
18.50% 19.42% 19.11% 7.82% 6.39% 10.42% 4.28% 9.12% (8.18%) 1.50%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

IPG Photonics Corporation peers in Semiconductor Equipment & Materials

All 29 Semiconductor Equipment & Materials stocks →

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.

Source: company filings (standardised) and stockrow calculations.

IPG Photonics Corporation (IPGP) Latest News

News by impact score

Fine-tune

3 Sep

3

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

3

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

3

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

3

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

3

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

4 transcript

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.

4 transcript

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.

3

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.

3

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

3

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

4

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

4

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

4

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

3

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

3

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

3

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

3

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

3

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.

3

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

4

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

3

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

3

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

3

IPG Photonics Corporation announced first quarter 2026 financial results. Quarterly earnings directly influence financial performance and investor sentiment.

8 May

3

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

4

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

3

IPG Photonics (IPGP) Q1 earnings missed estimates, though strong industrial growth supported revenue. Earnings miss affects financial performance but industrial growth provides balance.

3

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

4

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.

4 transcript

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.

3

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.

stockrow.com/IPGP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com