IPG Photonics (IPGP) Stock Forecast, Price Target & Predictions
IPGP Stock Forecast
IPG Photonics stock forecast is as follows: an average price target of $123.00 (represents a 67.30% upside from IPGP’s last price of $73.52) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
IPGP Price Target
The average price target for IPG Photonics (IPGP) is $123.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $146.00 to $100.00. This represents a potential 67.30% upside from IPGP's last price of $73.52.
IPGP Analyst Ratings
According to 8 Wall Street analysts, IPG Photonics's rating consensus is 'Buy'. The analyst rating breakdown for IPGP stock is 1 'Strong Buy' (12.50%), 3 'Buy' (37.50%), 3 'Hold' (37.50%), 1 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).
IPG Photonics Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 28, 2024 | Ruben Roy | Stifel Nicolaus | $100.00 | $77.79 | 28.55% | 36.02% |
| Aug 03, 2022 | - | Citigroup | $146.00 | $102.64 | 42.24% | 98.59% |
The latest IPG Photonics stock forecast, released on Oct 28, 2024 by Ruben Roy from Stifel Nicolaus, set a price target of $100.00, which represents a 28.55% increase from the stock price at the time of the forecast ($77.79), and a 36.02% increase from IPGP last price ($73.52).
IPG Photonics Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $100.00 | $100.00 | $100.00 |
| Last Closing Price | $73.52 | $73.52 | $73.52 |
| Upside/Downside | 36.02% | 36.02% | 36.02% |
In the current month, the average price target of IPG Photonics stock is $100.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 36.02% increase as opposed to IPG Photonics's last price of $73.52. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 31, 2024 | Seaport Global | Underperform | Neutral | Downgrade |
| Jul 31, 2024 | Benchmark | Buy | Hold | Downgrade |
| May 02, 2024 | Citigroup | Sell | Sell | Hold |
| May 01, 2024 | Benchmark | Buy | Buy | Hold |
| Jan 25, 2024 | Seaport Global | Underperform | Underperform | Hold |
| Jan 25, 2024 | Stifel Nicolaus | Buy | Buy | Hold |
| Oct 31, 2023 | CFRA | Hold | Buy | Upgrade |
| Aug 14, 2023 | Benchmark | Buy | Buy | Hold |
| Aug 02, 2023 | Raymond James | Outperform | Strong Buy | Upgrade |
| Jun 14, 2023 | Citigroup | Buy | Neutral | Initialise |
IPG Photonics's last stock rating was published by Seaport Global on Jul 31, 2024. The company Downgrade its IPGP rating from "Underperform" to "Neutral".
IPG Photonics Financial Forecast
IPG Photonics Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $298.89M | $301.40M | $339.97M | $347.17M | $333.54M | $349.01M | $377.02M | $369.98M | $364.47M | $379.15M | $371.66M | $345.58M | $336.63M | $318.44M | $296.41M | $249.24M | $306.63M | $329.14M |
| Avg Forecast | $307.30M | $295.11M | $293.96M | $277.81M | $271.47M | $260.96M | $251.25M | $235.21M | $230.97M | $227.89M | $259.35M | $255.53M | $287.03M | $314.65M | $346.78M | $330.60M | $320.15M | $365.36M | $373.97M | $336.48M | $355.76M | $369.08M | $380.88M | $328.35M | $313.34M | $303.40M | $280.54M | $230.24M | $285.56M | $336.93M |
| High Forecast | $314.26M | $301.80M | $300.62M | $284.10M | $277.62M | $266.87M | $256.95M | $237.76M | $235.39M | $228.72M | $259.37M | $255.53M | $291.35M | $316.13M | $354.64M | $338.09M | $327.40M | $365.36M | $373.97M | $336.48M | $355.76M | $369.08M | $380.88M | $328.35M | $313.34M | $303.40M | $280.54M | $230.24M | $285.56M | $336.93M |
| Low Forecast | $293.68M | $282.03M | $280.92M | $265.49M | $259.43M | $249.39M | $240.12M | $231.09M | $222.41M | $227.06M | $259.33M | $255.53M | $285.33M | $313.64M | $331.41M | $315.94M | $305.95M | $365.36M | $373.97M | $336.48M | $355.76M | $369.08M | $380.88M | $328.35M | $313.34M | $303.40M | $280.54M | $230.24M | $285.56M | $336.93M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.96% | 0.98% | 1.05% | 1.04% | 0.96% | 1.01% | 1.10% | 1.02% | 1.03% | 0.98% | 1.05% | 1.07% | 1.05% | 1.06% | 1.08% | 1.07% | 0.98% |
IPG Photonics's average Quarter revenue forecast for Mar 24 based on 4 analysts is $255.53M, with a low forecast of $255.53M, and a high forecast of $255.53M. IPGP's average Quarter revenue forecast represents a -14.51% decrease compared to the company's last Quarter revenue of $298.89M (Dec 23).
IPG Photonics EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $28.78M | $55.71M | $72.06M | $88.37M | $75.12M | $73.17M | $130.62M | $104.96M | $109.19M | $126.34M | $116.15M | $112.32M | $88.63M | $66.43M | $72.63M | $71.80M | $26.55M | $102.53M |
| Avg Forecast | $87.81M | $84.33M | $84.00M | $79.39M | $77.57M | $74.57M | $71.80M | $67.21M | $66.00M | $65.12M | $74.11M | $93.33M | $82.02M | $89.92M | $99.10M | $84.84M | $119.11M | $104.96M | $107.43M | $77.13M | $102.20M | $106.03M | $109.42M | $95.99M | $90.01M | $87.16M | $80.59M | $102.03M | $82.03M | $96.79M |
| High Forecast | $89.80M | $86.24M | $85.90M | $81.19M | $79.33M | $76.26M | $73.43M | $67.94M | $67.26M | $65.36M | $74.12M | $111.99M | $83.26M | $90.34M | $101.34M | $101.81M | $142.93M | $104.96M | $107.43M | $92.55M | $102.20M | $106.03M | $109.42M | $115.18M | $90.01M | $87.16M | $80.59M | $122.43M | $82.03M | $96.79M |
| Low Forecast | $83.92M | $80.59M | $80.28M | $75.87M | $74.14M | $71.27M | $68.62M | $66.04M | $63.56M | $64.88M | $74.11M | $74.66M | $81.54M | $89.63M | $94.70M | $67.87M | $95.29M | $104.96M | $107.43M | $61.70M | $102.20M | $106.03M | $109.42M | $76.79M | $90.01M | $87.16M | $80.59M | $81.62M | $82.03M | $96.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.35% | 0.62% | 0.73% | 1.04% | 0.63% | 0.70% | 1.22% | 1.36% | 1.07% | 1.19% | 1.06% | 1.17% | 0.98% | 0.76% | 0.90% | 0.70% | 0.32% | 1.06% |
4 analysts predict IPGP's average Quarter EBITDA for Mar 24 to be $93.33M, with a high of $111.99M and a low of $74.66M. This is 224.29% upper than IPG Photonics's previous annual EBITDA (Dec 23) of $28.78M.
IPG Photonics Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $41.43M | $54.99M | $62.32M | $60.13M | $-92.89M | $76.26M | $56.97M | $69.57M | $65.27M | $75.40M | $69.80M | $68.13M | $49.34M | $35.60M | $38.23M | $36.40M | $-4.45M | $57.25M |
| Avg Forecast | $39.02M | $33.75M | $31.78M | $26.96M | $28.62M | $24.42M | $20.54M | $13.40M | $9.97M | $8.42M | $21.95M | $55.84M | $41.65M | $44.14M | $54.54M | $50.76M | $71.00M | $51.74M | $52.88M | $46.14M | $53.96M | $57.46M | $63.16M | $58.22M | $44.35M | $40.25M | $26.83M | $51.73M | $35.48M | $54.32M |
| High Forecast | $40.16M | $34.75M | $32.72M | $27.75M | $29.46M | $25.14M | $21.15M | $15.13M | $12.69M | $8.62M | $21.95M | $67.00M | $42.08M | $45.44M | $55.68M | $60.91M | $85.20M | $54.49M | $53.33M | $55.37M | $53.96M | $58.17M | $63.16M | $69.86M | $44.35M | $40.25M | $26.83M | $62.08M | $35.48M | $54.32M |
| Low Forecast | $36.77M | $31.81M | $29.95M | $25.41M | $26.97M | $23.02M | $19.36M | $11.24M | $6.35M | $8.23M | $21.94M | $44.67M | $41.21M | $41.11M | $53.40M | $40.61M | $56.80M | $49.00M | $52.42M | $36.92M | $53.96M | $56.76M | $63.16M | $46.57M | $44.35M | $40.25M | $26.83M | $41.38M | $35.48M | $54.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.25% | 1.14% | 1.18% | -1.31% | 1.47% | 1.08% | 1.51% | 1.21% | 1.31% | 1.11% | 1.17% | 1.11% | 0.88% | 1.42% | 0.70% | -0.13% | 1.05% |
IPG Photonics's average Quarter net income forecast for Mar 24 is $55.84M, with a range of $44.67M to $67.00M. IPGP's average Quarter net income forecast represents a 34.78% increase compared to the company's last Quarter net income of $41.43M (Dec 23).
IPG Photonics SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $57.16M | $53.20M | $49.85M | $51.22M | $51.24M | $53.20M | $52.42M | $51.04M | $51.58M | $53.24M | $50.26M | $48.98M | $44.69M | $46.37M | $43.73M | $45.81M | $43.91M | $45.74M |
| Avg Forecast | $45.52M | $43.72M | $43.55M | $41.16M | $40.22M | $38.66M | $37.22M | $34.85M | $34.22M | $33.76M | $38.42M | $40.96M | $42.52M | $46.61M | $51.37M | $37.24M | $56.27M | $53.81M | $55.07M | $33.85M | $52.39M | $54.35M | $56.09M | $41.85M | $46.15M | $44.68M | $41.31M | $65.09M | $42.05M | $49.62M |
| High Forecast | $46.56M | $44.71M | $44.53M | $42.09M | $41.13M | $39.54M | $38.07M | $35.22M | $34.87M | $33.88M | $38.42M | $49.15M | $43.16M | $46.83M | $52.54M | $44.68M | $67.52M | $53.81M | $55.07M | $40.62M | $52.39M | $54.35M | $56.09M | $50.22M | $46.15M | $44.68M | $41.31M | $78.11M | $42.05M | $49.62M |
| Low Forecast | $43.51M | $41.78M | $41.62M | $39.33M | $38.43M | $36.95M | $35.57M | $34.23M | $32.95M | $33.64M | $38.42M | $32.77M | $42.27M | $46.46M | $49.10M | $29.79M | $45.01M | $53.81M | $55.07M | $27.08M | $52.39M | $54.35M | $56.09M | $33.48M | $46.15M | $44.68M | $41.31M | $52.08M | $42.05M | $49.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.34% | 1.14% | 0.97% | 1.38% | 0.91% | 0.99% | 0.95% | 1.51% | 0.98% | 0.98% | 0.90% | 1.17% | 0.97% | 1.04% | 1.06% | 0.70% | 1.04% | 0.92% |
IPG Photonics's average Quarter SG&A projection for Mar 24 is $40.96M, based on 4 Wall Street analysts, with a range of $32.77M to $49.15M. The forecast indicates a -28.35% fall compared to IPGP last annual SG&A of $57.16M (Dec 23).
IPG Photonics EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.89 | $1.16 | $1.32 | $1.26 | $-1.91 | $1.48 | $1.10 | $1.32 | $1.23 | $1.41 | $1.31 | $1.27 | $0.92 | $0.67 | $0.72 | $0.69 | $-0.08 | $1.08 |
| Avg Forecast | $0.89 | $0.77 | $0.72 | $0.61 | $0.65 | $0.56 | $0.47 | $0.31 | $0.23 | $0.19 | $0.50 | $0.49 | $0.95 | $1.01 | $1.24 | $1.14 | $0.89 | $1.15 | $1.17 | $0.97 | $1.20 | $1.28 | $1.40 | $1.09 | $0.99 | $0.89 | $0.60 | $0.18 | $0.79 | $1.21 |
| High Forecast | $0.92 | $0.79 | $0.75 | $0.63 | $0.67 | $0.57 | $0.48 | $0.35 | $0.29 | $0.20 | $0.50 | $0.49 | $0.96 | $1.04 | $1.27 | $1.17 | $0.92 | $1.21 | $1.18 | $0.97 | $1.20 | $1.29 | $1.40 | $1.09 | $0.99 | $0.89 | $0.60 | $0.18 | $0.79 | $1.21 |
| Low Forecast | $0.84 | $0.73 | $0.68 | $0.58 | $0.62 | $0.53 | $0.44 | $0.26 | $0.14 | $0.19 | $0.50 | $0.49 | $0.94 | $0.94 | $1.22 | $1.07 | $0.84 | $1.09 | $1.16 | $0.97 | $1.20 | $1.26 | $1.40 | $1.09 | $0.99 | $0.89 | $0.60 | $0.18 | $0.79 | $1.21 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.15% | 1.06% | 1.11% | -2.15% | 1.29% | 0.94% | 1.35% | 1.03% | 1.10% | 0.93% | 1.16% | 0.93% | 0.75% | 1.21% | 3.83% | -0.10% | 0.89% |
According to 4 Wall Street analysts, IPG Photonics's projected average Quarter EPS for Mar 24 is $0.49, with a low estimate of $0.49 and a high estimate of $0.49. This represents a -45.31% decrease compared to IPGP previous annual EPS of $0.89 (Dec 23).
IPG Photonics Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LRCX | Lam Research | $70.05 | $649.74 | 827.54% | Buy |
| AXTI | AXT | $1.83 | $5.38 | 193.99% | Buy |
| IPGP | IPG Photonics | $73.52 | $123.00 | 67.30% | Buy |
| ONTO | Onto Innovation | $161.91 | $258.33 | 59.55% | Buy |
| UCTT | Ultra Clean | $35.91 | $57.00 | 58.73% | Buy |
| ICHR | Ichor | $31.10 | $47.60 | 53.05% | Buy |
| TER | Teradyne | $103.58 | $153.18 | 47.89% | Buy |
| ENTG | Entegris | $99.96 | $143.92 | 43.98% | Buy |
| VECO | Veeco Instruments | $26.15 | $34.33 | 31.28% | Buy |
| NVMI | Nova | $174.18 | $217.00 | 24.58% | Buy |
| COHU | Cohu | $25.53 | $30.00 | 17.51% | Buy |
| AMAT | Applied Materials | $170.49 | $199.28 | 16.89% | Buy |
| KLAC | KLA | $616.83 | $619.00 | 0.35% | Buy |