IPG Photonics Corporation (IPGP)
NASDAQ: IPGP · Real-Time Price · USD
67.67
+2.89 (4.45%)
Sep 13, 2024, 4:00 PM EDT - Market closed
IPG Photonics Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for IPG Photonics stock have an average target of 89.33, with a low estimate of 68 and a high estimate of 100. The average target predicts an increase of 32.02% from the current stock price of 67.67.
Analyst Consensus: Hold
* Price targets were last updated on Jul 31, 2024.
Analyst Ratings
The average analyst rating for IPG Photonics stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 3 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 7 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Aug 1, 2024 |
| Benchmark | Benchmark | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jul 31, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $127 → $100 | Strong Buy | Maintains | $127 → $100 | +47.79% | Jul 31, 2024 |
| Stifel | Stifel | Strong Buy Maintains $115 → $100 | Strong Buy | Maintains | $115 → $100 | +47.79% | Jul 31, 2024 |
| Citigroup | Citigroup | Strong Sell Maintains $74 → $68 | Strong Sell | Maintains | $74 → $68 | +0.50% | May 2, 2024 |
Financial Forecast
Revenue This Year
992.14M
from 1.29B
Decreased by -22.94%
Revenue Next Year
1.09B
from 992.14M
Increased by 9.36%
EPS This Year
1.47
from 4.63
Decreased by -68.31%
EPS Next Year
2.40
from 1.47
Increased by 63.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.0B | 1.2B | 1.4B |
| Avg | 992.1M | 1.1B | 1.2B |
| Low | 933.6M | 959.2M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -18.7% | 24.6% | 28.4% |
| Avg | -22.9% | 9.4% | 13.3% |
| Low | -27.5% | -3.3% | 2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.95 | 3.90 | 5.33 |
| Avg | 1.47 | 2.40 | 3.86 |
| Low | 1.25 | 1.52 | 2.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -57.9% | 165.5% | 122.1% |
| Avg | -68.3% | 63.7% | 60.5% |
| Low | -72.9% | 3.5% | 9.8% |
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.