IPG Photonics Corporation (IPGP)
Market Cap | 3.18B |
Revenue (ttm) | 1.04B |
Net Income (ttm) | -147.91M |
Shares Out | 43.25M |
EPS (ttm) | -3.26 |
PE Ratio | n/a |
Forward PE | 44.36 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 243,949 |
Open | 72.35 |
Previous Close | 72.74 |
Day's Range | 71.37 - 73.57 |
52-Week Range | 61.86 - 111.11 |
Beta | 0.98 |
Analysts | Hold |
Price Target | 89.33 (+21.5%) |
Earnings Date | Oct 29, 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... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for IPGP stock is "Hold." The 12-month stock price forecast is $89.33, which is an increase of 21.50% from the latest price.
News
IPG Photonics Launches Advanced Dual-Beam Fiber Lasers for Additive Manufacturing
MARLBOROUGH, Mass., Nov. 20, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP), a global leader in fiber laser technology, proudly announces the release of a new laser designed specifi...
IPG Photonics Corporation (IPGP) Q3 2024 Earnings Call Transcript
IPG Photonics Corporation (NASDAQ:IPGP) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Eugene Fedotoff - Senior Director of Investor Relations Mark Gitin - Chief E...
IPG Photonics Announces Third Quarter 2024 Financial Results
Focusing on Execution and Future Growth Opportunities Delivered Results At the High End of Guidance MARLBOROUGH, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today...
IPG Photonics to Announce Third Quarter 2024 Financial Results on October 29
MARLBOROUGH, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- IPG Phot o n i cs Corporation (Nasdaq: IPGP) will release its third quarter 2024 financial results before the market opens on Tuesday, October 29...
IPG Photonics Announces Sale of its Russian Operations
MARLBOROUGH, Mass., Aug. 29, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that it has sold its entire interest in its Russian subsidiary, IRE-Polus. The purchaser ...
IPG Photonics Corporation (IPGP) Q2 2024 Earnings Call Transcript
IPG Photonics Corporation (NASDAQ:IPGP) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Eugene Fedotoff - Senior Director, Investor Relations Mark Gitin - Chief Execut...
IPG Photonics Announces Second Quarter 2024 Financial Results
Prioritizing Investment in Innovation Pipeline While Optimizing Business for Cash Generation Prioritizing Investment in Innovation Pipeline While Optimizing Business for Cash Generation
IPG Photonics to Announce Second Quarter 2024 Financial Results on July 30
MARLBOROUGH, Mass., July 16, 2024 (GLOBE NEWSWIRE) -- IPG Phot o n i cs Corporation (Nasdaq: IPGP) will release its second quarter 2024 financial results before the market opens on Tuesday, July 30, ...
IPG Photonics Launches LightWELD® 2000 XR
MARLBOROUGH, Mass., May 23, 2024 (GLOBE NEWSWIRE) -- IPG Photonics (NASDAQ: IPGP), the world leader in fiber laser technology, today announced the launch of LightWELD 2000 XR, the fourth product offer...
IPG Photonics Launches Cobot Laser Welding and Cleaning System
Automating Repetitive Steps Helping Companies Improve Productivity and Reduce Operating Costs MARLBOROUGH, Mass., May 08, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP), the world l...
Miller Electric Mfg. LLC Releases Cutting-Edge OptX™ 2kW Handheld Laser Welder
APPLETON, Wis.--(BUSINESS WIRE)--Miller Electric Mfg. LLC, a leading worldwide manufacturer of arc welding products, announces the release of its OptX™ 2kW handheld laser welder, cutting-edge technolo...
IPG Photonics Corporation (IPGP) Q1 2024 Earnings Call Transcript
IPG Photonics Corporation (NASDAQ:IPGP) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Eugene Fedotoff - Senior Director, IR Eugene Scherbakov - CEO & Director Timot...
IPG Photonics Announces Leadership Transition
Mark Gitin Appointed Next Chief Executive Officer and to Board of Directors Co-Founder Dr. Eugene Scherbakov to Remain a Member of the Board MARLBOROUGH, Mass., April 30, 2024 (GLOBE NEWSWIRE) -- IPG ...
IPG Photonics Announces First Quarter 2024 Financial Results
Delayed E-mobility Investments and Soft Industrial Demand Negatively Impacted Results Strong Operating Cash Flow Benefited from Working Capital Management MARLBOROUGH, Mass., April 30, 2024 (GLOBE NEW...
IPG Photonics Corporation (IPGP) Q4 2023 Earnings Call Transcript
IPG Photonics Corporation (IPGP) Q4 2023 Earnings Call Transcript
IPG Photonics Announces Fourth Quarter 2023 Financial Results
Continued Growth in Welding and Medical Applications Working Capital Discipline Resulted in Strong Cash Flow From Operations MARLBOROUGH, Mass. , Feb. 13, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corpor...
IPG Presents New Technologies, Products and Solutions for E-mobility Manufacturing, Materials Processing and Specialized Applications at Photonics West 2024
MARLBOROUGH, Mass., Jan. 29, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) will highlight new and innovative fiber laser solutions at Photonics West January 30 – February 01, 2024 ...
IPG Photonics: Just Going Through The Motions
IPGP has seen its stock bounce in recent days, and while this could continue with the stock price below $100, a sustained rally will be difficult to accomplish. The latest report came in mixed with gu...
Miller Electric Mfg. LLC and IPG Photonics Announce Strategic Technology Collaboration to Deliver Leading Laser Solutions to the Handheld Welding Market
Two Industry Leaders Join Forces to Pioneer Innovations in Handheld Laser Welding Systems APPLETON, Wis. , Nov. 7, 2023 /PRNewswire/ -- Miller Electric Mfg.
IPG Photonics and Miller Electric Mfg. LLC Announce Strategic Technology Collaboration to Deliver Leading Laser Solutions to the Handheld Welding Market
Two Industry Leaders Join Forces to Pioneer Innovations in Handheld Laser Welding Systems Two Industry Leaders Join Forces to Pioneer Innovations in Handheld Laser Welding Systems
IPG Photonics Corporation (IPGP) Q3 2023 Earnings Call Transcript
IPG Photonics Corporation (NASDAQ:IPGP) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET Company Participants Eugene Fedotoff - Senior Director, IR Eugene Scherbakov - CEO & Director Tim...
IPG Photonics Announces Third Quarter 2023 Financial Results
Weak Industrial Demand and Lower E-mobility Sales in China Negatively Impacted Results Gross Margin Improved to 44.1% Driven by Continued Focus on Manufacturing Costs and Efficiency MARLBOROUGH, Mass....
IPG Photonics to Announce Third Quarter 2023 Financial Results on October 31
MARLBOROUGH, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (Nasdaq: IPGP) will release its third quarter 2023 financial results before the market opens on Tuesday, October 31, 202...
IPG Photonics Showcases Cutting-Edge Technologies, Live Demonstrations and Sponsorship at FABTECH 2023
MARLBOROUGH, Mass., Sept. 11, 2023 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP), the world leader in fiber lasers, will showcase a wide array of laser solutions and live demos at FABTE...
IPG Photonics Launches New Dual-Beam Laser with the Highest Single-Mode Core Power at The Battery Show in Novi, Michigan
MARLBOROUGH, Mass., Sept. 11, 2023 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP), the world leader in fiber laser technology, will highlight new and innovative laser solutions at The Ba...