Analysts Set LightPath Technologies, Inc. (NASDAQ:LPTH) Price Target at $11.10

Shares of LightPath Technologies, Inc. (NASDAQ:LPTHGet Free Report) have been assigned an average rating of “Moderate Buy” from the seven analysts that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $12.10.

A number of research firms have weighed in on LPTH. Canaccord Genuity Group initiated coverage on shares of LightPath Technologies in a research note on Thursday, January 29th. They issued a “buy” rating and a $15.00 target price on the stock. LADENBURG THALM/SH SH raised LightPath Technologies to a “strong-buy” rating in a report on Thursday, December 18th. HC Wainwright lifted their price objective on LightPath Technologies from $10.00 to $15.00 and gave the stock a “buy” rating in a research report on Thursday. Lake Street Capital upped their target price on LightPath Technologies from $10.00 to $14.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Finally, Wall Street Zen lowered LightPath Technologies from a “hold” rating to a “sell” rating in a report on Saturday, January 31st.

View Our Latest Research Report on LightPath Technologies

Key Headlines Impacting LightPath Technologies

Here are the key news stories impacting LightPath Technologies this week:

  • Positive Sentiment: HC Wainwright raised its price target to $15 and reiterated a “Buy” rating, providing an analyst catalyst and upside for the stock. HC Wainwright Raises Price Target
  • Positive Sentiment: Company highlighted record revenue and a roughly $100 million backlog and said it is targeting rapid scaling over the next three years — this growth outlook supports higher revenue expectations. LightPath Targets Rapid Scaling
  • Positive Sentiment: Quarterly revenue of $16.35M topped analyst estimates (~$14.96M) and management emphasized a “record revenue surge” on the earnings call. Revenue strength is the primary near-term bullish driver. Q2 Earnings Highlights
  • Neutral Sentiment: Earnings call and full transcripts are available for investors who want detail on guidance, backlog conversion timelines and capital plans. MSN Earnings Call Transcript
  • Neutral Sentiment: Company press release with full Q2 financials and management commentary provides primary source detail for modeling revenue ramp and capex. PR Newswire Release
  • Negative Sentiment: LightPath remains unprofitable on a GAAP basis and reported a quarterly loss; outlets show mixed EPS comparisons (some beat, some miss), and the company still has negative net margins and negative return on equity — financials that keep valuation risk and mean profitability must improve to justify higher multiples. Zacks: Reports Q2 Loss, Tops Revenue Estimates
  • Negative Sentiment: Another report shows an EPS miss versus consensus and highlights continued negative margins and ROE, which could pressure sentiment if scaling and margin improvement timelines slip. MarketBeat: Earnings Details

LightPath Technologies Trading Up 21.5%

Shares of LPTH opened at $12.48 on Friday. LightPath Technologies has a 52-week low of $1.61 and a 52-week high of $15.24. The stock has a market cap of $568.21 million, a PE ratio of -24.00 and a beta of 0.97. The firm’s fifty day moving average is $10.55 and its two-hundred day moving average is $7.85. The company has a quick ratio of 1.26, a current ratio of 1.98 and a debt-to-equity ratio of 0.24.

Insider Buying and Selling

In other LightPath Technologies news, Director Run Strategic Opportunit North sold 770,321 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $11.72, for a total value of $9,028,162.12. Following the transaction, the director directly owned 2,728,968 shares in the company, valued at $31,983,504.96. The trade was a 22.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 24.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Marathon Capital Management purchased a new position in LightPath Technologies in the second quarter worth approximately $54,000. J.W. Cole Advisors Inc. purchased a new position in shares of LightPath Technologies during the 2nd quarter worth $79,000. Occudo Quantitative Strategies LP purchased a new position in shares of LightPath Technologies during the 3rd quarter worth $82,000. Hudson Bay Capital Management LP acquired a new stake in shares of LightPath Technologies during the 3rd quarter worth about $84,000. Finally, Wexford Capital LP purchased a new stake in LightPath Technologies in the 3rd quarter valued at about $88,000. 56.29% of the stock is currently owned by institutional investors and hedge funds.

LightPath Technologies Company Profile

(Get Free Report)

LightPath Technologies, Inc designs, manufactures and distributes precision optical components and assemblies for a variety of commercial, industrial, defense and scientific applications. The company’s portfolio includes molded glass aspheric lenses, precision glass optics, infrared lenses and assemblies, diamond-turned optics and molded polymer optics. These components are engineered to support imaging, illumination, laser delivery, detection and sensing systems across visible, ultraviolet and infrared wavelengths.

Among its core offerings, LightPath develops infrared optical solutions using materials such as germanium, zinc selenide and chalcogenide glasses for thermal imaging, night-vision devices and spectroscopy.

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Analyst Recommendations for LightPath Technologies (NASDAQ:LPTH)

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