LightPath Technologies, Inc. (LPTH)

NASDAQ: LPTH · Real-Time Price · USD
10.37
+0.04 (0.39%)
At close: Jul 31, 2026, 4:00 PM EDT
10.47
+0.10 (0.96%)
After-hours: Jul 31, 2026, 7:59 PM EDT
Market Cap688.16M +437.2%
Revenue (ttm)62.77M +86.7%
Net Income-23.46M
EPS-0.49
Shares Out 66.36M
PE Ration/a
Forward PE529.36
Dividendn/a
Ex-Dividend Daten/a
Volume1,726,863
Open10.58
Previous Close10.33
Day's Range10.05 - 10.65
52-Week Range2.91 - 18.94
Beta1.34
AnalystsStrong Buy
Price Target15.98 (+54.1%)
Earnings DateMay 7, 2026

About LPTH

LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical systems and assemblies in the United States. It offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, spherical lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics. The company also offers cooled and uncooled camera systems and modules for long range surveillance and detection, and engineering services. The company’s... [Read more]

Sector Technology
IPO Date Feb 22, 1996
Employees 350
Stock Exchange NASDAQ
Ticker Symbol LPTH
Full Company Profile

Financial Performance

In fiscal year 2025, LightPath Technologies's revenue was $37.20 million, an increase of 17.26% compared to the previous year's $31.73 million. Losses were -$14.87 million, 85.7% more than in 2024.

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for LPTH stock is "Strong Buy." The 12-month stock price target is $15.98, which is an increase of 54.10% from the latest price.

Price Target
$15.98
(54.10% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

LightPath to divest China operations for $4.5M

LightPath (LPTH) has signed a definitive agreement to sell its wholly owned subsidiary, LightPath Optical Instrumentation, or LPOIZ, including its manufacturing facility and its operations in China, f...

10 days ago - TheFly

LightPath Technologies Signs Definitive Agreement to Divest China Operations

Divestiture to Complete Transition to Fully Western-Aligned Manufacturing Footprint, Reinforcing Position as a Trusted Optics and Imaging Solutions for Mission-Critical Applications ORLANDO, Fla., Jul...

10 days ago - PRNewsWire

LightPath receives $13M purchase order from defense system supplier

LightPath (LPTH) Technologies announced it has received $13M in follow-on purchase orders from a leading C-UAS and defense systems supplier for optical assemblies. Under the order, LightPath will prov...

11 days ago - TheFly

LightPath Technologies Receives $13 Million in Follow-On Optical Assembly Orders from Leading C-UAS & Defense Systems Supplier

Order encompasses assembly work supporting counter-UAS systems, one of the fastest-growing areas of defense demand ORLANDO, Fla., July 22, 2026 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LP...

11 days ago - PRNewsWire

LightPath awarded $11M follow-up order for IR cameras

LightPath (LPTH) Technologies announced it has received a $11M follow-on purchase order for infrared, or IR, cameras from a leading global technology customer for use in counter-UAS applications. The ...

18 days ago - TheFly

LightPath Technologies Receives $11 Million Follow-on Order for Infrared Cameras from Leading Global Technology Customer

Repeat order supports C-UAS applications and includes the planned transition from Germanium-based optics to LightPath's proprietary BlackDiamond™ materials over the course of the program ORLANDO, Fla....

18 days ago - PRNewsWire

LightPath Technologies Joins Russell 3000® Index

Inclusion Reflects LightPath's Significant Growth and Expanding Role in Defense and Commercial Optics ORLANDO, Fla., June 29, 2026 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPa...

4 weeks ago - PRNewsWire

Lightpath Deepens Long-Standing Partnership with Netcracker for Modernized OSS and Enhanced Professional Services

WALTHAM, Mass.--(BUSINESS WIRE)--U.S. fiber connectivity provider Lightpath expands its partnership with Netcracker for next-generation OSS to support its growing AI-grade network.

7 weeks ago - Business Wire

LightPath announces registered direct offering of Class A common stock

On Tuesday, LightPath (LPTH) Technologies announced that the company and North Run Strategic Opportunities Fund entered into a securities purchase agreement with certain institutional investors for th...

2 months ago - TheFly

LightPath Technologies Announces $100 Million Registered Direct Primary and Secondary Offering of Class A Common Stock

ORLANDO, Fla., June 2, 2026 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems f...

2 months ago - PRNewsWire

Lightpath Announces New Long-Haul Route, Connecting Columbus and Chicago with ~392-Mile Multi-Conduit System Fiber Infrastructure

NEW YORK, May 12, 2026 (GLOBE NEWSWIRE) -- Lightpath today announced it has secured an anchor award to construct new long-haul fiber infrastructure spanning approximately 392 route miles between Colum...

2 months ago - GlobeNewsWire

LightPath price target raised to $16.50 from $15.50 at Canaccord

Canaccord raised the firm’s price target on LightPath (LPTH) to $16.50 from $15.50 and keeps a Buy rating on the shares. The firm said bot top and bottom line beat…

2 months ago - TheFly

LightPath price target raised to $15 from $14 at Lake Street

Lake Street raised the firm’s price target on LightPath (LPTH) to $15 from $14 and keeps a Buy rating on the shares. LightPath’s results reinforce the firm’s view that the…

3 months ago - TheFly

LightPath Technologies Earnings Call Transcript: Q3 2026

Record Q3 revenue and backlog driven by vertical integration, acquisitions, and strong demand for U.S.-sourced infrared optics. Gross margin improved to 36%, with positive adjusted EBITDA and robust cash reserves supporting ongoing capacity expansion and margin growth.

3 months ago - Transcripts

LightPath Technologies Earnings release: Q3 2026

LightPath Technologies released its Q3 2026 earnings on May 7, 2026, summarizing the period's financial results.

3 months ago - Filings

LightPath Technologies Quarterly report: Q3 2026

LightPath Technologies has published its Q3 2026 quarterly earnings report on May 7, 2026.

3 months ago - Filings

LightPath reports Q3 EPS (7c), consensus 0c

Reports Q3 revenue $19.15M, consensus $17.04M. Sam Rubin, President and Chief Executive Officer of LightPath (LPTH), said: “The third quarter of fiscal 2026 demonstrated continued execution against ou...

3 months ago - TheFly

LightPath Technologies Reports Fiscal 2026 Third Quarter Financial Results

ORLANDO, Fla., May 7, 2026 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems fo...

3 months ago - PRNewsWire

LightPath Technologies Slides: Investor presentation

LightPath Technologies has posted slides in relation to its latest quarterly earnings report, which was published on May 4, 2026.

3 months ago - Filings

LightPath Technologies to Host Third Quarter Fiscal 2026 Earnings Call on May 7 at 5:00 p.m. Eastern Time

ORLANDO, Fla., April 30, 2026 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for bo...

3 months ago - PRNewsWire

CableFinder and Lightpath Announce Platform Partnership, Expanding Fiber Connectivity Options for Channel Partners

Lightpath's fiber connectivity will be available on the CableFinder platform to give channel partners direct, API-driven access to Lightpath services.

3 months ago - GlobeNewsWire

LightPath Appoints Two Senior Sales Executives to Drive Defense and Commercial Growth

Seasoned Defense and Aerospace Executives to Drive Revenue Growth and Expand Market Reach Across LightPath's Defense and Commercial Platforms ORLANDO, Fla., April 8, 2026 /PRNewswire/ -- LightPath Tec...

4 months ago - PRNewsWire

LightPath Technologies Receives Highly Innovative Design Award from The Sterling Council

Company Recognized for Manufacturing Excellence in the 2026 Sterling Manufacturing Business Excellence (SMBE) Award Evaluation ORLANDO, Fla., April 6, 2026 /PRNewswire/ -- LightPath Technologies, Inc....

4 months ago - PRNewsWire

LightPath Technologies Transcript: Investor Day 2026

The company has transformed from a component supplier to a solutions provider, leveraging BlackDiamond technology and strategic acquisitions to target large defense and commercial markets. With a $103M backlog, strong defense focus, and ambitious revenue targets, it is expanding production and product offerings while maintaining a robust M&A pipeline.

5 months ago - Transcripts

LightPath Technologies Slides: FY 2026

LightPath Technologies has posted slides in relation to its FY 2026 quarterly earnings report, which was published on February 25, 2026.

5 months ago - Filings