Lightpath Technologies (LPZB) Stock Price & Analysis
LPZB Stock Chart & Stats
- Day’s Range
- EUR 6.85 - EUR 7.05
- 52-Week Range
- EUR 5.10 - EUR 15.80
- Previous Close
- EUR 7.00
- Volume
- N/A
- Average Volume (3M)
- 8
- Market Cap
- EUR 508.33M
- Enterprise Value
- EUR 986.44M
- Total Cash (Recent Filing)
- EUR 93.20M
- Total Debt (Recent Filing)
- EUR 10.93M
- Price to Earnings (P/E)
- ―
- Beta
- 1.89
- Next Earnings
- Nov 05, 2026 (Est.)
- EPS Estimate
- -0.03
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Revenue Growth
The 93% fiscal-year revenue increase indicates materially stronger customer adoption and production activity across LightPath’s markets. If programs continue moving from qualification into recurring production, this expanded revenue base can support operating leverage and more durable growth over the next several quarters.
Margin Expansion And Product Mix
Higher gross margins and a greater contribution from value-added assemblies, modules and cameras improve the quality of revenue beyond simple volume growth. This mix shift can support more sustainable economics if operational improvements and customer demand persist as production scales.
Backlog And Balance Sheet Support
The large backlog provides meaningful forward demand visibility, while substantial cash and effectively no debt give LightPath flexibility to fund capacity expansion and working capital. Together, these resources strengthen its ability to convert qualified programs into production without relying immediately on heavy borrowing.
Bears Say
Persistent Losses And Cash Burn
Recurring net losses and inconsistent operating and free cash flow show that reported growth has not yet translated into dependable self-funded profitability. Continued cash burn could require additional financing or constrain investment if margin gains and production growth do not eventually outweigh the company’s cost base.
Capacity And Component Constraints
Persistent shortages in critical glass and detector inputs could delay deliveries, limit conversion of the sizable backlog, and raise working-capital needs as LightPath builds inventory ahead of demand. These constraints may also pressure execution while the company expands internal capacity and supplier coverage.
High Operating Costs And Scale-Up Risk
Operating expenses have risen sharply alongside acquisition, personnel, technology and product-development investments, leaving profitability vulnerable if revenue growth slows. The planned rapid capacity build also increases execution risk, because hiring, integration and process expansion must keep pace with demand.
Lightpath Technologies News
LPZB FAQ
What was Lightpath Technologies’s price range in the past 12 months?
What is Lightpath Technologies’s market cap?
When is Lightpath Technologies’s upcoming earnings report date?
How were Lightpath Technologies’s earnings last quarter?
Is Lightpath Technologies overvalued?
Does Lightpath Technologies pay dividends?
What is Lightpath Technologies’s EPS estimate?
How many shares outstanding does Lightpath Technologies have?
What happened to Lightpath Technologies’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Lightpath Technologies?
What is the TipRanks Smart Score and how is it calculated?
Lightpath Technologies Stock Smart Score
Company Description
Lightpath Technologies
LightPath Technologies, Inc. specializes in the engineering, production, and distribution of optical elements and integrated systems. Their product range includes precisely molded glass aspheric lenses, as well as infrared aspheric lenses created through molding or diamond-turning processes, along with a variety of other optical components. These solutions are fundamental for devices that manage light. Their advanced optics are utilized across numerous fields, such as defense mechanisms, medical instrumentation, industrial tools employing lasers, automotive safety features, barcode scanning systems, optical data storage, hybrid fiber coax data communication networks, telecommunications, machine vision applications, and various sensor technologies. The company markets its offerings directly to clients across North America, Europe, and Asia, and also leverages distributors and catalogs to serve both domestic and international markets. LightPath Technologies, Inc. was established in 1985 and is headquartered in Orlando, Florida.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- CEO
- Shmuel Rubin
- Employees
- 420
- Website
- www.lightpath.com
- Address
- 2603 Challenger Tech Court, Orlando, FL, 32826, US
Lightpath Technologies (LPZB) Earnings & Revenues
LPZB Earnings Call
Earnings Call SentimentPositive
The call was strongly positive, led by 93% full-year revenue growth, record quarterly revenue, gross-margin expansion, a swing to positive adjusted EBITDA, a 197% increase in backlog, substantial cash and no debt. Management also reported expanding production programs, new orders and continued investment in capacity. The main challenges were the continuing GAAP net loss, higher operating expenses and noncash earn-out charges, delays in NGSRI and the G5 redesign, unconverted border-patrol funding, and supply-chain constraints affecting glass and detectors. Overall, the positive operating and financial trends significantly outweighed the stated challenges.
View all DE:LPZB earnings summariesLPZB Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 6 | 5 | 11 |
| Technical Analysis | 2 | 5 | 3 |
| Moving Averages | 4 | 0 | 8 |












