The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

IPGP

Concerning the House

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

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%
Quotation

$83.94

-3.37 (-3.9%)

52w hi$153.91
52w lo$71.60
Vol350.07K
As ofAug 13
The Verdict

Hold

Our score -0.19

Short-0.32
Medium-0.03
Long-0.24

computed 2026-08-13

By the Numbers

IPG Photonics Corporation

Technology · Semiconductor Equipment & Materials

Market cap$3.56B
Enterprise value$2.86B
Trailing P/E129.14x
Forward P/E36.72x
EV / EBITDA26.12x
P / S (ttm)3.34x
Profit margin2.6%
Return on equity1.3%
Revenue growth+11.1%
Earnings growth-22.8%
Debt / equity0.76
Risk Metrics
Beta vs SPX1.75
Corr SPX0.48
Annual vol59.3%
Annual ret+28.5%
Sharpe0.48
Max DD-47.9%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental-0.02
Sector+0.15
Technical-0.18
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$86.51$88.79$83.77$83.94350.07K
Aug 12$89.43$89.78$85.96$87.31413.30K
Aug 11$86.93$87.31$85.33$85.80338.10K
Aug 10$91.63$92.48$84.68$84.89379.90K
Aug 7$89.47$92.13$87.66$90.23353.80K