LightPath Technologies, Inc. (LPTH)
NASDAQ: LPTH · IEX Real-Time Price · USD
1.390
+0.080 (6.11%)
Jul 2, 2024, 4:30 PM EDT - Market closed
LightPath Technologies Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for LPTH stock have an average target of 3.00, which predicts an increase of 115.83% from the current stock price of 1.39.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for LPTH stock from 2 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +115.83% | May 10, 2024 |
| Lake Street | Lake Street | Strong Buy Initiates $3 | Strong Buy | Initiates | $3 | +115.83% | Jan 18, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +115.83% | Sep 19, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +115.83% | May 15, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +115.83% | Apr 20, 2023 |
Financial Forecast
Revenue This Year
32.02M
from 32.93M
Decreased by -2.79%
Revenue Next Year
38.24M
from 32.02M
Increased by 19.43%
EPS This Year
-0.20
from -0.13
EPS Next Year
-0.10
from -0.20
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 33.1M | 44.3M |
| Avg | 32.0M | 38.2M |
| Low | 30.7M | 32.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 0.4% | 38.4% |
| Avg | -2.8% | 19.4% |
| Low | -6.8% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.20 | -0.08 |
| Avg | -0.20 | -0.10 |
| Low | -0.20 | -0.13 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
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.