IPG Photonics Corporation (IPGP)
NASDAQ: IPGP · IEX Real-Time Price · USD
88.03
-1.04 (-1.17%)
At close: Jul 19, 2024, 4:00 PM
88.00
-0.03 (-0.03%)
Pre-market: Jul 22, 2024, 6:42 AM EDT
IPG Photonics Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for IPG Photonics stock have an average target of 116.8, with a low estimate of 68 and a high estimate of 170. The average target predicts an increase of 32.68% from the current stock price of 88.03.
Analyst Consensus: Buy
* Price targets were last updated on May 2, 2024.
Analyst Ratings
The average analyst rating for IPG Photonics stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 7 | 7 | 7 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Sell Maintains $74 → $68 | Strong Sell | Maintains | $74 → $68 | -22.75% | May 2, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $116 → $106 | Strong Buy | Maintains | $116 → $106 | +20.41% | May 1, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 1, 2024 |
| Citigroup | Citigroup | Hold → Strong Sell Downgrades $111 → $74 | Hold → Strong Sell | Downgrades | $111 → $74 | -15.94% | Feb 16, 2024 |
| Citigroup | Citigroup | Hold → Strong Sell Downgrades $111 → $74 | Hold → Strong Sell | Downgrades | $111 → $74 | -15.94% | Feb 15, 2024 |
Financial Forecast
Revenue This Year
1.12B
from 1.29B
Decreased by -13.16%
Revenue Next Year
1.27B
from 1.12B
Increased by 13.51%
EPS This Year
2.82
from 4.63
Decreased by -39.18%
EPS Next Year
4.15
from 2.82
Increased by 47.33%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.4B | 1.4B |
| Avg | 1.1B | 1.3B | 1.4B |
| Low | 1.0B | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -7.3% | 26.8% | 13.0% |
| Avg | -13.2% | 13.5% | 9.8% |
| Low | -19.5% | 3.1% | 5.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.56 | 5.85 | 4.18 |
| Avg | 2.82 | 4.15 | 4.06 |
| Low | 2.35 | 3.25 | 3.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -23.1% | 107.7% | 0.7% |
| Avg | -39.2% | 47.3% | -2.2% |
| Low | -49.2% | 15.5% | -6.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.