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 |
| Vol | 373.30K |
| As of | 25 Sep 2026 |
The Verdict
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/E | 120.18x |
| Forward P/E | 33.86x |
| EV / EBITDA | 23.64x |
| P / S (ttm) | 3.10x |
| Profit margin | 2.6% |
| Return on equity | 1.3% |
| Revenue growth | +11.1% |
| Earnings growth | -22.8% |
| Debt / equity | 0.76 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| 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.
Risk Metrics
| Beta vs SPX | 1.75 |
|---|---|
| Corr SPX | 0.47 |
| Annual vol | 59.8% |
| Annual ret | +23.0% |
| Sharpe | 0.38 |
| Max DD | -54.0% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-04 | Earnings Release, Exhibits | read |
| 2026-07-17 | Material Agreement, Reg FD Disclosure… | read |
| 2026-05-15 | Shareholder Vote | read |
| 2026-05-05 | Earnings Release, Other Material Event… | read |
| 2026-03-16 | Other Material Event, Exhibits | read |
| 2026-02-25 | Other Material Event | read |
| 2026-02-12 | Earnings Release, Exhibits | read |
| 2025-11-04 | Earnings Release, Exhibits | read |
| 2025-10-03 | Officer / Director Change, Exhibits | read |
| 2025-08-05 | Earnings Release, Exhibits | read |
| 2025-07-08 | Officer / Director Change, Exhibits | read |
| 2025-06-30 | Material Agreement, Material Obligation… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-08 | Bucher Paulus | SVP, Global Operations | Withheld for tax | 663 | $59.82K |
| 2026-08-05 | IP FIBRE DEVICES LTD | Sell | 11.91K | $1.14M | |
| 2026-08-05 | IP FIBRE DEVICES LTD | Sell | 4.32K | $422.93K | |
| 2026-08-05 | IP FIBRE DEVICES LTD | Sell | 1.32K | $128.21K | |
| 2026-08-05 | IP FIBRE DEVICES LTD | Sell | 550 | $54.29K | |
| 2026-08-04 | IP FIBRE DEVICES LTD | Sell | 12.20K | $1.16M | |
| 2026-07-31 | IP FIBRE DEVICES LTD | Sell | 300 | $26.58K | |
| 2026-07-31 | IP FIBRE DEVICES LTD | Sell | 200 | $17.49K | |
| 2026-07-31 | IP FIBRE DEVICES LTD | Sell | 506 | $43.59K | |
| 2026-07-31 | IP FIBRE DEVICES LTD | Sell | 25.99K | $2.23M |
Flow & Concentration
| Insider 180d net | -$18.36M |
|---|---|
| Insider buys / sells | 0 / 33 |
| Insider bias | Sellers |
| 13F holders | 8 |
| Top-5 share | 98.0% |
| HHI | 4,365 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Norges Bank (Norway sovereign) | $391.72M | 3.34M |
| State Street Corp | $106.68M | 909.29K |
| AQR Capital Management | $50.58M | 448.58K |
| Citadel Advisors | $48.24M | 411.19K |
| Renaissance Technologies | $14.34M | 122.20K |
| Capital Research / Capital World | $11.93M | 101.67K |
| Fidelity / FMR LLC | $633.28K | 5.40K |
| T. Rowe Price Group | $3.24K | 27.58K |
As of 2026-06-30
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| 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
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $78.42 | $79.29 | $77.24 | $78.12 | 373.30K |
| Sep 24 | $75.05 | $77.69 | $74.56 | $77.42 | 450.50K |
| Sep 23 | $78.27 | $79.85 | $76.59 | $77.18 | 494.70K |
| Sep 22 | $77.27 | $78.64 | $76.91 | $78.20 | 268.50K |
| Sep 21 | $78.46 | $79.11 | $77.00 | $77.75 | 332.00K |
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