IPG Photonics Corporation (IPGP)

NASDAQ: IPGP · Real-Time Price · USD
73.52
+0.78 (1.07%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.07%
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]

Sector Technology
IPO Date Dec 13, 2006
Employees 6,180
Stock Exchange NASDAQ
Ticker Symbol IPGP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$89.33
(21.50% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

14 hours ago - GlobeNewsWire

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...

22 days ago - Seeking Alpha

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...

23 days ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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

4 months ago - GlobeNewsWire

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, ...

4 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

Other symbols: ITW
7 months ago - Business Wire

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...

7 months ago - Seeking Alpha

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 ...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

IPG Photonics Corporation (IPGP) Q4 2023 Earnings Call Transcript

IPG Photonics Corporation (IPGP) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

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...

10 months ago - GlobeNewsWire

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 ...

10 months ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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.

Other symbols: ITW
1 year ago - PRNewsWire

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

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

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....

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire