Citigroup Cuts IPG Photonics (NASDAQ:IPGP) Price Target to $137.00

IPG Photonics (NASDAQ:IPGP) had its target price decreased by Citigroup from $150.00 to $137.00 in a report published on Tuesday morning,Benzinga reports. Citigroup currently has a buy rating on the semiconductor company’s stock.

Several other equities analysts also recently issued reports on the stock. Needham & Company LLC upped their price objective on shares of IPG Photonics from $110.00 to $120.00 and gave the company a “buy” rating in a report on Friday, July 17th. Weiss Ratings reiterated a “sell (d+)” rating on shares of IPG Photonics in a research note on Wednesday, June 24th. Roth Capital reissued a “buy” rating and set a $151.00 target price on shares of IPG Photonics in a research report on Tuesday, May 19th. Zacks Research downgraded shares of IPG Photonics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 4th. Finally, Wall Street Zen lowered shares of IPG Photonics from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, IPG Photonics presently has a consensus rating of “Moderate Buy” and a consensus target price of $142.60.

IPG Photonics Trading Down 3.9%

IPGP opened at $83.94 on Tuesday. The firm has a market cap of $3.57 billion, a price-to-earnings ratio of 129.14, a PEG ratio of 2.36 and a beta of 0.96. IPG Photonics has a 12 month low of $71.38 and a 12 month high of $155.82. The stock has a fifty day moving average price of $101.85 and a 200-day moving average price of $111.91.

IPG Photonics (NASDAQ:IPGP) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.21. IPG Photonics had a return on equity of 3.39% and a net margin of 2.58%.The firm had revenue of $278.58 million during the quarter, compared to analysts’ expectations of $279.98 million. During the same quarter last year, the firm earned $0.16 EPS. The business’s quarterly revenue was up 11.1% on a year-over-year basis. IPG Photonics has set its Q3 2026 guidance at 0.300-0.600 EPS. On average, equities research analysts forecast that IPG Photonics will post 1.78 EPS for the current year.

Insider Buying and Selling

In other IPG Photonics news, major shareholder Fibre Devices Ltd Ip sold 18,111 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $96.12, for a total transaction of $1,740,829.32. Following the sale, the insider directly owned 6,405,989 shares of the company’s stock, valued at approximately $615,743,662.68. This trade represents a 0.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Timothy Pv Mammen sold 9,975 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $119.81, for a total value of $1,195,104.75. Following the sale, the chief financial officer directly owned 76,438 shares in the company, valued at $9,158,036.78. This represents a 11.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 193,863 shares of company stock valued at $19,449,856 in the last 90 days. 37.50% of the stock is currently owned by insiders.

Institutional Trading of IPG Photonics

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in IPG Photonics in the second quarter valued at approximately $334,429,000. Segall Bryant & Hamill LLC acquired a new stake in shares of IPG Photonics during the 4th quarter worth approximately $30,254,000. AQR Capital Management LLC grew its stake in shares of IPG Photonics by 53.7% during the 2nd quarter. AQR Capital Management LLC now owns 978,577 shares of the semiconductor company’s stock worth $67,101,000 after purchasing an additional 341,773 shares during the period. Invesco Ltd. increased its holdings in shares of IPG Photonics by 169.4% during the 4th quarter. Invesco Ltd. now owns 288,507 shares of the semiconductor company’s stock valued at $20,657,000 after purchasing an additional 181,423 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of IPG Photonics during the 4th quarter valued at approximately $12,647,000. 93.79% of the stock is owned by institutional investors and hedge funds.

IPG Photonics Company Profile

IPG Photonics Corporation is a global leader in the design and manufacture of high-performance fiber lasers and amplifiers used in industrial, medical, scientific, and telecommunications applications. The company’s core products include ytterbium and erbium fiber lasers, diode lasers, and fiber amplifiers that deliver high power and efficiency for precision cutting, welding, marking, and engraving. IPG’s systems are engineered to optimize process speed, reliability, and energy consumption, making them a preferred choice for advanced manufacturing environments.

In addition to stand-alone laser sources, IPG offers turnkey laser systems and integrated solutions tailored to sectors such as automotive, electronics, aerospace, additive manufacturing, and life sciences.