IPGP Stock - IPG Photonics Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $977.13M | $1.29B | $1.43B | $1.46B | $1.20B |
| Gross Profit | $338.15M | $541.70M | $555.41M | $696.40M | $539.00M |
| Gross Margin | 34.6% | 42.1% | 38.9% | 47.7% | 44.9% |
| Operating Income | $-208,254,000 | $231.97M | $169.50M | $367.88M | $198.66M |
| Net Income | $-181,526,000 | $218.88M | $109.91M | $278.42M | $159.57M |
| Net Margin | -18.6% | 17.0% | 7.7% | 19.1% | 13.3% |
| EPS | $-4.09 | $4.64 | $2.17 | $5.21 | $3.00 |
IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. The company's laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks; and ytterbium and thulium specialty fiber amplifiers and broadband light sources. In addition, the company offers integrated laser systems; 2D compact flat sheet cutter systems and multi-axis systems; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems; and optical transceiver and transponder modules for interconnecting electronic equipment, including Ethernet switches, IP routers and DWDM/SONET/SDH optical transport modules within telecommunications, cable multi-system operators, and data center networking applications. It's lasers and amplifiers are also used in materials processing, communications, and medical and advanced applications. The company markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. IPG Photonics Corporation was founded in 1990 and is headquartered in Oxford, Massachusetts.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 5th 2025 | Citigroup | Upgrade | Buy | $105 |
| October 7th 2025 | Roth Capital | Initiation | Buy | $96 |
| August 7th 2025 | Bernstein | Upgrade | Outperform | $97 |
| March 18th 2025 | CL King | Upgrade | Buy | $76 |
| December 4th 2024 | Northcoast | Downgrade | Neutral | - |
| August 1st 2024 | Seaport Research Partners | Downgrade | Neutral | - |
| July 31st 2024 | The Benchmark Company | Downgrade | Hold | - |
| February 15th 2024 | Citigroup | Downgrade | Sell | $74← $111 |
| January 25th 2024 | Seaport Research Partners | Initiation | Buy | $125 |
| August 18th 2023 | Citigroup | Downgrade | Neutral | $111← $152 |
| August 2nd 2023 | Raymond James | Upgrade | Strong Buy | $170 |
| June 14th 2023 | Raymond James | Upgrade | Outperform | $170 |
| November 1st 2022 | Raymond James | Upgrade | Market Perform | - |
| November 1st 2022 | Raymond James | Downgrade | Underperform | - |
| May 4th 2022 | Citigroup | Upgrade | Buy | $157 |
Earnings History & Surprises
IPGPEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 10, 2026 | $0.24 | — | — | — |
Q4 2025 | Nov 4, 2025 | $0.16 | $0.35 | +118.7% | ✓ BEAT |
Q3 2025 | Aug 5, 2025 | $0.10 | $0.30 | +200.0% | ✓ BEAT |
Q2 2025 | May 6, 2025 | $0.21 | $0.31 | +47.6% | ✓ BEAT |
Q1 2025 | Feb 11, 2025 | $0.23 | $0.18 | -21.7% | ✗ MISS |
Q4 2024 | Oct 29, 2024 | $0.17 | $0.29 | +70.6% | ✓ BEAT |
Q3 2024 | Jul 30, 2024 | $0.51 | $0.45 | -11.8% | ✗ MISS |
Q2 2024 | Apr 30, 2024 | $0.49 | $0.52 | +6.1% | ✓ BEAT |
Q1 2024 | Feb 13, 2024 | $0.95 | $0.89 | -6.3% | ✗ MISS |
Q4 2023 | Oct 31, 2023 | $1.01 | $1.16 | +14.9% | ✓ BEAT |
Q3 2023 | Aug 1, 2023 | $1.24 | $1.31 | +5.6% | ✓ BEAT |
Q2 2023 | May 2, 2023 | $1.14 | $1.25 | +9.6% | ✓ BEAT |
Q1 2023 | Feb 14, 2023 | $0.91 | $-1.91 | -309.9% | ✗ MISS |
Q4 2022 | Nov 1, 2022 | $1.15 | $1.49 | +29.6% | ✓ BEAT |
Q3 2022 | Aug 2, 2022 | $1.15 | $1.10 | -4.3% | ✗ MISS |
Q2 2022 | May 3, 2022 | $0.98 | $1.31 | +33.7% | ✓ BEAT |
Q1 2022 | Feb 15, 2022 | $1.19 | $1.21 | +1.7% | ✓ BEAT |
Q4 2021 | Nov 2, 2021 | $1.27 | $1.40 | +10.2% | ✓ BEAT |
Q3 2021 | Aug 3, 2021 | $1.41 | $1.29 | -8.5% | ✗ MISS |
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