Inside the research

IPG Photonics Corporation

IPGP Research profile · latest available data

Price overview

$78.12

▲ +0.70 (+0.9%)

52w hi$153.91
52w lo$70.74
Vol373.30K
As of25 Sep 2026

The Verdict

Hold

Our score -0.44

Short-0.74
Medium-0.22
Long-0.25

computed 2026-09-27

Key fundamentals

IPG Photonics Corporation

Technology · Semiconductor Equipment & Materials

Market cap$3.32B
Enterprise value$2.47B
Trailing P/E120.18x
Forward P/E33.86x
EV / EBITDA23.64x
P / S (ttm)3.10x
Profit margin2.6%
Return on equity1.3%
Revenue growth+11.1%
Earnings growth-22.8%
Debt / equity0.76

Layer Breakdown

LayerRawContribution
Fundamental-0.01
Sector+0.19
Technical-0.50
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

IPG Photonics Corporation develops, manufactures, and sells fiber lasers, fiber amplifiers, diode lasers, and laser-based systems used in materials processing, medical, and advanced applications. The company offers laser products, including hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; and high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers, as well as other versions. It also provides complementary products, such as optical fiber delivery cables, fiber couplers, beam switches, optical processing heads, process measuring and monitoring technologies, and in-line sensors and chillers. In addition, the company offers LightWELD, a handheld laser welding system; 2D compact flat sheet cutter systems; high precision laser systems for medical technology industry; multi axis Cartesian systems for fine welding, cutting, and drilling applications; laser and non-laser robotic welding and automation solutions; and related accessories for specific medical applications. The company sells and 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. It serves general manufacturing, automotive, consumer goods, medical devices, energy/renewable energy, micro electronics, original equipment manufacturers instrument manufacturing, scientific, as well as aerospace and defense, rail, and shipbuilding markets. IPG Photonics Corporation was founded in 1990 and is headquartered in Marlborough, Massachusetts.

United States · www.ipgphotonics.com

Risk Metrics

Beta vs SPX1.75
Corr SPX0.47
Annual vol59.8%
Annual ret+23.0%
Sharpe0.38
Max DD-54.0%

Window: 504 trading days (504 obs)

Material Events

DateEvent8-K
2026-08-04Earnings Release, Exhibitsread
2026-07-17Material Agreement, Reg FD Disclosure…read
2026-05-15Shareholder Voteread
2026-05-05Earnings Release, Other Material Event…read
2026-03-16Other Material Event, Exhibitsread
2026-02-25Other Material Eventread
2026-02-12Earnings Release, Exhibitsread
2025-11-04Earnings Release, Exhibitsread
2025-10-03Officer / Director Change, Exhibitsread
2025-08-05Earnings Release, Exhibitsread
2025-07-08Officer / Director Change, Exhibitsread
2025-06-30Material Agreement, Material Obligation…read

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-08Bucher PaulusSVP, Global OperationsWithheld for tax663$59.82K
2026-08-05IP FIBRE DEVICES LTDSell11.91K$1.14M
2026-08-05IP FIBRE DEVICES LTDSell4.32K$422.93K
2026-08-05IP FIBRE DEVICES LTDSell1.32K$128.21K
2026-08-05IP FIBRE DEVICES LTDSell550$54.29K
2026-08-04IP FIBRE DEVICES LTDSell12.20K$1.16M
2026-07-31IP FIBRE DEVICES LTDSell300$26.58K
2026-07-31IP FIBRE DEVICES LTDSell200$17.49K
2026-07-31IP FIBRE DEVICES LTDSell506$43.59K
2026-07-31IP FIBRE DEVICES LTDSell25.99K$2.23M

Flow & Concentration

Insider 180d net-$18.36M
Insider buys / sells0 / 33
Insider biasSellers
13F holders8
Top-5 share98.0%
HHI4,365 (concentrated)

Top Holders

HolderValueShares
Norges Bank (Norway sovereign)$391.72M3.34M
State Street Corp$106.68M909.29K
AQR Capital Management$50.58M448.58K
Citadel Advisors$48.24M411.19K
Renaissance Technologies$14.34M122.20K
Capital Research / Capital World$11.93M101.67K
Fidelity / FMR LLC$633.28K5.40K
T. Rowe Price Group$3.24K27.58K

As of 2026-06-30

SEC Filings

DateFormDoc
2026-08-104view
2026-08-064view
2026-08-044view
2026-08-0410-Qview
2026-08-044view
2026-08-048-Kview
2026-07-224view
2026-07-178-Kview
2026-07-014view
2026-07-014view
2026-07-014view
2026-06-234view
2026-06-084view
2026-05-264view
2026-05-158-Kview

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$977.13M+16.0%
Gross profit$338.15M+2.0%
Operating income$231.97M+2.2%
Net income$31.10M+6.3%
Cash from ops$75.34M-1.1%

Indices

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$78.42$79.29$77.24$78.12373.30K
Sep 24$75.05$77.69$74.56$77.42450.50K
Sep 23$78.27$79.85$76.59$77.18494.70K
Sep 22$77.27$78.64$76.91$78.20268.50K
Sep 21$78.46$79.11$77.00$77.75332.00K

Understand the score. Research layers are inputs to a model, and the available data has limits.

Read the methodology →