LightPath Technologies, Inc. (LPTH)
NASDAQ: LPTH · IEX Real-Time Price · USD
1.415
+0.005 (0.35%)
Mar 28, 2024, 10:41 AM 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 112.01% from the current stock price of 1.42.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $3.00 $3.00 $3.00 $3.00
Change +112.01% +112.01% +112.01% +112.01%
* Price targets were last updated on Jan 18, 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111222
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Lake Street
Lake Street
Strong Buy
Initiates
$3
Strong Buy Initiates $3 +112.01% Jan 18, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$3
Strong Buy Reiterates $3 +112.01% Sep 19, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$3
Strong Buy Reiterates $3 +112.01% May 15, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$3
Strong Buy Reiterates $3 +112.01% Apr 20, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$2$3
Strong Buy Maintains $2$3 +112.01% Feb 13, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
33.23M
from 32.93M
Increased by 0.89%
Revenue Next Year
39.92M
from 33.23M
Increased by 20.14%
EPS This Year
-0.15
from -0.13
EPS Next Year
-0.09
from -0.15
Year 2019202020212022202320242025
Revenue
33.75M34.97M38.46M35.56M32.93M33.23M39.92M
Revenue Growth
3.76%3.61%10.00%-7.55%-7.38%0.89%20.14%
EPS
-0.100.03-0.12-0.13-0.13-0.15-0.09
EPS Growth
-------
No. Analysts -----66
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 34.8M 44.3M
Avg 33.2M 39.9M
Low 31.1M 34.0M

Revenue Growth

Revenue Growth 20242025
High
5.7%
33.4%
Avg
0.9%
20.1%
Low
-5.7%
2.2%

EPS Forecast

EPS 20242025
High -0.13 -0.08
Avg -0.15 -0.09
Low -0.17 -0.09

EPS Growth

EPS Growth 20242025
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.