IPG Photonics (IPGP) Stock Price & Analysis
IPGP Stock Chart & Stats
- Day’s Range
- MXN 1,299.61 - MXN 1,299.61
- 52-Week Range
- MXN 1,299.61 - MXN 1,500.00
- Previous Close
- MXN 1,313.19
- Volume
- 0
- Average Volume (3M)
- 0
- Market Cap
- MXN 58.02B
- Enterprise Value
- MXN 4.18B
- Total Cash (Recent Filing)
- MXN 871.32M
- Total Debt (Recent Filing)
- MXN 16.25M
- Price to Earnings (P/E)
- 110.0
- Beta
- 0.07
- Next Earnings
- Nov 03, 2026 (Est.)
- EPS Estimate
- 8.66
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Revenue Growth And Bookings
Sustained double-digit growth across three consecutive quarters, combined with book-to-bill above one, indicates improving demand rather than a single-quarter rebound. Continued bookings support revenue visibility, capacity utilization, and the potential for stronger earnings as industrial and advanced applications scale.
Debt-Free Balance Sheet
A debt-free balance sheet with substantial liquidity gives IPG flexibility to fund research, capacity expansion, acquisitions, and customer programs without relying heavily on external financing. This also improves resilience through cyclical manufacturing demand and provides room to absorb execution volatility.
Medical Platform Expansion
The proposed Lumibird Medical acquisition could broaden IPG beyond industrial cycles into higher-margin ophthalmology systems and materially expand its medical opportunity. Management expects first-year accretion and a larger addressable market, creating a potential source of more diversified, durable growth.
Bears Say
Compressed Profitability
IPG has returned to modest profitability, but its roughly 3% TTM net margin remains well below stronger historical levels. This compressed earnings base leaves less operating cushion, makes results more sensitive to revenue mix and utilization, and indicates that the recovery is not yet fully established.
Weak Free-Cash-Flow Conversion
Positive operating cash flow is offset by modest and sharply deteriorating free cash flow, showing that recent earnings are not translating efficiently into discretionary cash. Persistent weak conversion could constrain internally funded investment and make the company more dependent on improving profitability and working-capital execution.
Manufacturing Absorption Pressure
Below-target manufacturing cost absorption indicates that current production utilization and efficiency are not yet supporting the desired cost structure. Until these initiatives deliver, under-absorbed costs can pressure gross margins and limit the benefit of revenue growth, particularly if industrial demand remains uneven.
IPGP FAQ
What was IPG Photonics’s price range in the past 12 months?
What is IPG Photonics’s market cap?
When is IPG Photonics’s upcoming earnings report date?
How were IPG Photonics’s earnings last quarter?
Is IPG Photonics overvalued?
Does IPG Photonics pay dividends?
What is IPG Photonics’s EPS estimate?
How many shares outstanding does IPG Photonics have?
What happened to IPG Photonics’s price movement after its last earnings report?
Which hedge fund is a major shareholder of IPG Photonics?
What is the TipRanks Smart Score and how is it calculated?
IPG Photonics Stock Smart Score
Company Description
IPG Photonics
Established in 1990 and headquartered in Oxford, Massachusetts, IPG Photonics Corporation is a leading global developer and manufacturer of high-performance fiber, diode, and hybrid fiber-solid state lasers, along with fiber amplifiers. These advanced laser systems are primarily utilized across a wide range of materials processing applications worldwide. The company's extensive product portfolio encompasses a diverse array of laser types, including hybrid fiber-solid state lasers (offering green and UV wavelengths), fiber-pigtailed packaged diodes, fiber-coupled direct diode systems, high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization/single-frequency models. Complementing these are essential accessories such as high-power optical fiber delivery cables, couplers, beam switches, chillers, and scanners. IPG Photonics also offers a comprehensive range of fiber amplifiers, including erbium-doped, Raman, ytterbium, and thulium specialty types, alongside broadband light sources, which are crucial for integrated communication systems and broadband networks. Furthermore, the company develops integrated laser systems for specialized tasks, such as 2D compact flat sheet cutting, multi-axis operations, precision welding (e.g., the welding seam stepper and picker), and other high-precision or bespoke laser applications. It extends its offerings to optical transceiver and transponder modules, critical for interconnecting electronic equipment like Ethernet switches, IP routers, and DWDM/SONET/SDH optical transport modules within telecommunications, cable multi-system operator, and data center networking environments. Beyond materials processing, IPG Photonics' innovative lasers and amplifiers find diverse utility in communications, medical technology, and various other cutting-edge fields. The company markets its products to a broad customer base, including original equipment manufacturers (OEMs), system integrators, and direct end-users, leveraging its dedicated direct sales force alongside a global network of independent sales representatives and distributors.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Mark Milton Gitin
- Employees
- 4,840
- Website
- www.ipgphotonics.com
- Address
- 377 Simarano Drive, Marlborough, MA, 01752, US
IPG Photonics (IPGP) Earnings & Revenues
IPGP Company Deck
IPGP Earnings Call
Earnings Call SentimentPositive
The call was strongly positive overall. The company reported a third consecutive quarter of double-digit revenue growth, stronger bookings with book-to-bill above one, improved adjusted profitability, and progress in industrial, semiconductor, medical, additive manufacturing, and defense initiatives. Key challenges included year-over-year declines in advanced solutions and North America, manufacturing absorption below target, tariff impacts, and continued pressure in parts of Europe, but these were outweighed by the company’s growth results, strategic wins, balance-sheet strength, and constructive outlook.
View all MX:IPGP earnings summariesIPGP Net sales Breakdown
- 89.54% Materials processing
- 5.56% Medical procedures
- 4.32% Advanced applications
- 0.58% Communications
IPGP Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 4 | 2 | 15 |
| Technical Analysis | 4 | 2 | 3 |
| Moving Averages | 0 | 0 | 12 |
