IPG Photonics Corporation (IPGP)
NASDAQ: IPGP · IEX Real-Time Price · USD
84.27
-0.32 (-0.38%)
At close: Apr 19, 2024, 4:00 PM
84.32
+0.05 (0.06%)
After-hours: Apr 19, 2024, 4:31 PM 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 123.6, with a low estimate of 74 and a high estimate of 170. The average target predicts an increase of 46.67% from the current stock price of 84.27.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 16, 2024.
Analyst Ratings
The average analyst rating for IPG Photonics stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 5 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Total | 6 | 6 | 7 | 7 | 7 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold → Strong Sell Downgrades $111 → $74 | Hold → Strong Sell | Downgrades | $111 → $74 | -12.19% | Feb 16, 2024 |
| Citigroup | Citigroup | Hold → Strong Sell Downgrades $111 → $74 | Hold → Strong Sell | Downgrades | $111 → $74 | -12.19% | Feb 15, 2024 |
| Stifel | Stifel | Strong Buy Maintains $130 → $115 | Strong Buy | Maintains | $130 → $115 | +36.47% | Feb 14, 2024 |
| Seaport Global | Seaport Global | Strong Buy Initiates $125 | Strong Buy | Initiates | $125 | +48.33% | Jan 25, 2024 |
| Stifel | Stifel | Strong Buy Maintains $120 → $130 | Strong Buy | Maintains | $120 → $130 | +54.27% | Jan 2, 2024 |
Financial Forecast
Revenue This Year
1.19B
from 1.29B
Decreased by -7.41%
Revenue Next Year
1.35B
from 1.19B
Increased by 13.59%
EPS This Year
3.31
from 4.63
Decreased by -28.43%
EPS Next Year
4.72
from 3.31
Increased by 42.46%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.3B | 1.5B | 1.5B | 1.7B |
| Avg | 1.2B | 1.4B | 1.4B | 1.6B |
| Low | 1.1B | 1.2B | 1.4B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.4% | 23.1% | 7.9% | 18.0% |
| Avg | -7.4% | 13.6% | 4.8% | 14.6% |
| Low | -14.0% | 2.2% | 0.7% | 10.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.96 | 6.17 | 5.08 |
| Avg | 3.31 | 4.72 | 4.93 |
| Low | 2.69 | 3.52 | 4.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -14.4% | 86.3% | 7.5% |
| Avg | -28.4% | 42.5% | 4.4% |
| Low | -42.0% | 6.2% | 0.3% |
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.