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LPTH Stock Chart & Stats
$13.18
$0.09(0.83%)
At close: 4:00 PM EDT
$13.18
$0.09(0.83%)
Day’s Range― - ―
52-Week Range$5.83 - $18.94
Previous Close$10.98
Volume1.77M
Average Volume (3M)2.96M
Market Cap
$528.07M
Enterprise Value$986.44M
Total Cash (Recent Filing)$93.20M
Total Debt (Recent Filing)$10.93M
Price to Earnings (P/E)―
Beta1.90
Next Earnings
Nov 05, 2026EPS Estimate
-0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.40
Shares Outstanding70,036,255
10 Day Avg. Volume3,066,657
30 Day Avg. Volume2,963,321
Financial Highlights & Ratios
PEG Ratio-7.74
Price to Book (P/B)5.51
Price to Sales (P/S)12.17
P/FCF Ratio-52.91
Enterprise Value/Market Cap1.87
Enterprise Value/Revenue13.75
Enterprise Value/Gross Profit38.23
Enterprise Value/Ebitda-118.71
Forecast
1Y Price Target
$15.63Price Target Upside18.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)0.02
Revenue Forecast (FY)$103.75M
Bulls Say, Bears Say
Bulls Say
Revenue And Margin ExpansionThe combination of rapid revenue growth and materially higher gross margins indicates stronger demand and improving product economics. If sustained, this operating leverage can support reinvestment, strengthen competitiveness, and improve the company’s ability to convert growth into durable earnings.
Growing Backlog And Higher-value MixA sharply larger backlog provides multi-quarter visibility, while the rising contribution from assemblies, modules and cameras reflects movement toward higher-priced, higher-margin offerings. Together, these trends can improve revenue quality and support deeper customer integration.
Cash-funded Capacity ExpansionA substantial cash balance and effectively debt-free position give LightPath flexibility to expand production, fund working capital, and develop products without immediate balance-sheet leverage. This financial capacity is important as demand, backlog, and manufacturing requirements increase.
Bears Say
Persistent Losses And Cash BurnContinued net losses and inconsistent operating and free cash flow indicate that growth has not yet translated into dependable self-funded economics. Unless profitability improves, ongoing investment and working-capital needs could require further financing and limit strategic flexibility.
Capacity And Supply ConstraintsDemand running ahead of glass availability and longer detector lead times can delay deliveries, constrain revenue conversion, and increase execution complexity. These bottlenecks may limit the company’s ability to capitalize fully on backlog while capacity is being expanded.
Rapid Scale-up Execution RiskScaling manufacturing rapidly while adding facilities, shifts, equipment, and personnel raises execution demands across operations. Delays or inefficiencies could reduce margins, slow backlog conversion, and weaken the benefits expected from the company’s strong demand pipeline.
Lightpath Technologies News
LPTH FAQ
What was Lightpath Technologies’s price range in the past 12 months?
Lightpath Technologies lowest stock price was $5.83 and its highest was $18.94 in the past 12 months.
What is Lightpath Technologies’s market cap?
Lightpath Technologies’s market cap is $528.07M.
When is Lightpath Technologies’s upcoming earnings report date?
Lightpath Technologies’s upcoming earnings report date is Nov 05, 2026 which is in 14 days.
How were Lightpath Technologies’s earnings last quarter?
Lightpath Technologies released its earnings results on Sep 10, 2026. The company reported -$0.06 earnings per share for the quarter, missing the consensus estimate of -$0.006 by -$0.054.
Is Lightpath Technologies overvalued?
According to Wall Street analysts Lightpath Technologies’s price is currently Undervalued.
Does Lightpath Technologies pay dividends?
Lightpath Technologies does not currently pay dividends.
What is Lightpath Technologies’s EPS estimate?
Lightpath Technologies’s EPS estimate is -0.02.
How many shares outstanding does Lightpath Technologies have?
Lightpath Technologies has 70,036,255 shares outstanding.
What happened to Lightpath Technologies’s price movement after its last earnings report?
Lightpath Technologies reported an EPS of -$0.06 in its last earnings report, missing expectations of -$0.006. Following the earnings report the stock price went down -4.959%.
Which hedge fund is a major shareholder of Lightpath Technologies?
Currently, no hedge funds are holding shares in LPTH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Lightpath Technologies Stock Smart Score
Neutral
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10
Analyst Consensus
Strong Buy
Average Price Target:
$15.63 (18.55% Upside)
$15.63 (18.55% Upside)
Blogger Sentiment
Bullish
LPTH Sentiment 87%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 33.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.03%
12-Months-Change
Fundamentals
Return on Equity
-22.17%
Trailing 12-Months
Asset Growth
138.03%
Trailing 12-Months
Learn more about TipRanks 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.
LPTH Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
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 LPTH earnings summariesLPTH Stock 12 Month Forecast
Average Price Target
$15.63
▲(18.55% Upside)
Technical Analysis
Ownership Overview
5.26% Insiders
10.08% Mutual Funds
4.70% Other Institutional Investors
67.34% Public Companies and Individual Investors