IPG Photonics Corporation (IPGP)

Market Cap	4.09B
Revenue (ttm)	1.19B
Net Income (ttm)	182.84M
Shares Out	45.57M
EPS (ttm)	3.89
PE Ratio	23.07
Forward PE	24.35
Dividend	n/a
Ex-Dividend Date	n/a

Volume	172,321
Open	90.26
Previous Close	89.29
Day's Range	89.53 - 90.96
52-Week Range	80.33 - 141.85
Beta	1.17
Analysts	Buy
Price Target	116.80 (+30.13%)
Earnings Date	Apr 30, 2024

About IPGP

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Its laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fi...

• Industry: Semiconductor Equipment & Materials
• Sector: Technology
• IPO Date: Dec 13, 2006
• Employees: 6,180
• Stock Exchange: NASDAQ
• Ticker Symbol: IPGP

Financial Performance

In 2023, IPG Photonics's revenue was $1.29 billion, a decrease of -9.94% compared to the previous year's $1.43 billion. Earnings were $218.88 million, an increase of 99.14%.

Analyst Forecast

According to 6 analysts, the average rating for IPGP stock is "Buy." The 12-month stock price forecast is $116.8, which is an increase of 30.13% from the latest price.

Price Target

$116.8

(30.13% upside)

Analyst Consensus: Buy