IPG Photonics (IPGP) Stock Price

IPG Photonics Price

NASDAQ·CLOSED
92.48USD+5.28 (+5.88 %)
Market closed

Over the last 19 years IPG Photonics grew revenue by 10.8% annually, reaching 1.00 B USD. Earnings per share have declined at 2.0% per year over the last 19 years. For IPG Photonics, the net margin of 3.1% is down versus 19.1% a few years ago. At today's price the dividend yield works out to roughly 0.70%. The payout ratio is around 23% of earnings. The consensus 12-month price target for IPG Photonics is 166.26 USD, about 79.8% above where the stock trades today. Of 17 analysts, 10 rate the stock a buy — an overall Buy consensus. The stock trades about 29% above its 52-week low.

IPG Photonics stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of IPG Photonics over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how IPG Photonics stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing IPG Photonics's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

IPG Photonics Stock Price History
DateIPG Photonics Price
8/4/202692.48 USD
8/3/202687.20 USD
7/31/202685.06 USD
7/30/202684.90 USD
7/29/202680.53 USD
7/27/202687.96 USD
7/23/202696.46 USD
7/22/202697.84 USD
7/21/2026102.79 USD
7/20/202697.90 USD
7/17/2026104.33 USD
7/16/2026103.36 USD
7/15/2026107.91 USD
7/14/2026106.48 USD
7/13/2026106.28 USD
7/10/2026107.73 USD
7/9/2026108.03 USD
7/8/202696.15 USD
7/7/202696.60 USD
7/6/2026107.67 USD
7/2/2026105.27 USD
7/1/2026114.41 USD
6/30/2026117.32 USD
6/29/2026106.29 USD
6/26/2026107.19 USD
6/25/2026110.23 USD
6/24/2026107.72 USD
6/23/2026107.65 USD
6/22/2026117.25 USD
6/18/2026116.45 USD
6/17/2026114.75 USD
6/16/2026117.85 USD
6/15/2026118.07 USD
6/12/2026115.57 USD
6/11/2026108.21 USD
6/10/2026103.18 USD
6/9/2026106.37 USD
6/8/2026111.27 USD
6/5/2026113.20 USD
6/4/2026120.12 USD
6/3/2026134.04 USD
6/2/2026122.17 USD
6/1/2026115.18 USD
5/29/2026113.59 USD
5/28/2026118.54 USD
5/27/2026117.34 USD
5/26/2026120.23 USD
5/22/2026121.21 USD
5/21/2026121.50 USD
5/20/2026118.42 USD
5/19/2026113.33 USD
5/18/2026106.35 USD
5/15/2026102.76 USD
5/14/2026105.10 USD
5/13/2026106.60 USD
5/12/2026102.61 USD
5/11/2026103.48 USD
5/8/2026104.49 USD
5/7/2026101.53 USD
5/6/2026101.94 USD
5/5/202690.84 USD
5/4/2026122.33 USD
5/1/2026122.87 USD
4/30/2026118.92 USD
4/29/2026113.26 USD
4/28/2026112.36 USD
4/27/2026116.67 USD
4/24/2026124.55 USD
4/23/2026123.56 USD
4/22/2026124.51 USD
4/21/2026123.86 USD
4/20/2026125.88 USD
4/17/2026125.02 USD
4/16/2026120.71 USD
4/15/2026121.32 USD
4/14/2026124.65 USD
4/13/2026127.32 USD
4/10/2026127.32 USD
4/9/2026124.38 USD
4/8/2026120.29 USD
4/7/2026113.11 USD
4/6/2026110.40 USD
4/2/2026113.94 USD
4/1/2026115.49 USD
3/31/2026114.59 USD
3/30/2026107.69 USD
3/27/2026115.70 USD
3/26/2026118.70 USD
3/25/2026127.01 USD
3/24/2026125.70 USD
3/23/2026119.15 USD
3/20/2026115.36 USD
3/19/2026122.78 USD
3/18/2026116.61 USD
3/17/2026115.50 USD
3/16/2026114.68 USD
3/13/2026110.95 USD
3/12/2026109.62 USD
3/11/2026120.53 USD
3/10/2026116.47 USD
3/9/2026121.89 USD
3/6/2026120.70 USD
3/5/2026126.77 USD
3/4/2026129.27 USD
3/3/2026131.67 USD
3/2/2026135.14 USD
2/27/2026131.57 USD
2/26/2026129.47 USD
2/25/2026138.85 USD
2/24/2026131.70 USD
2/23/2026134.58 USD
2/20/2026133.62 USD
2/19/2026130.03 USD
2/18/2026138.28 USD
2/17/2026134.86 USD
2/13/2026153.91 USD
2/12/2026150.25 USD
2/11/2026110.90 USD
2/10/2026110.68 USD
2/9/2026111.34 USD
2/6/2026109.61 USD
2/5/202699.30 USD
2/4/202699.89 USD
2/3/202698.92 USD
2/2/202694.55 USD
1/30/202692.41 USD
1/29/202692.77 USD
1/28/202692.44 USD
1/27/202690.63 USD
1/26/202687.97 USD
1/23/202686.44 USD
1/22/202686.51 USD
1/21/202685.45 USD
1/20/202678.76 USD
1/16/202681.75 USD
1/15/202680.03 USD
1/14/202677.54 USD
1/13/202676.77 USD
1/12/202676.12 USD
1/9/202676.14 USD
1/8/202675.75 USD
1/7/202676.67 USD
1/6/202679.47 USD
1/5/202676.85 USD
1/2/202674.84 USD
12/31/202571.60 USD
12/30/202572.83 USD
12/29/202572.92 USD
12/26/202575.18 USD
12/24/202574.69 USD
12/23/202574.51 USD
12/22/202575.20 USD
12/19/202575.86 USD
12/18/202575.17 USD
12/17/202574.77 USD
12/16/202577.02 USD
12/15/202577.78 USD
12/12/202577.12 USD
12/11/202582.50 USD
12/10/202585.49 USD
12/9/202584.40 USD
12/8/202581.45 USD
12/5/202581.92 USD
12/4/202582.86 USD
12/3/202582.60 USD
12/2/202581.36 USD
12/1/202579.38 USD
11/28/202579.64 USD
11/26/202578.51 USD
11/25/202577.61 USD
11/24/202576.59 USD
11/21/202574.96 USD
11/20/202572.46 USD
11/19/202575.84 USD
11/18/202575.79 USD
11/17/202576.50 USD
11/14/202579.69 USD
11/13/202581.67 USD
11/12/202585.16 USD
11/11/202586.50 USD
11/10/202586.57 USD
11/7/202587.94 USD
11/6/202589.75 USD
11/5/202588.95 USD
11/4/202584.00 USD
11/3/202585.90 USD
10/31/202585.12 USD
10/30/202584.11 USD
10/29/202586.37 USD
10/28/202587.01 USD
10/27/202587.12 USD
10/24/202586.62 USD
10/23/202586.66 USD
10/22/202585.42 USD
10/21/202588.06 USD
10/20/202587.20 USD
10/17/202584.81 USD
10/16/202586.42 USD
10/15/202586.22 USD
10/14/202583.20 USD
10/13/202583.22 USD
10/10/202580.68 USD
10/9/202586.67 USD
10/8/202587.77 USD
10/7/202585.12 USD
10/6/202588.19 USD
10/3/202584.66 USD
10/2/202581.25 USD
10/1/202579.52 USD
9/30/202579.19 USD
9/29/202578.87 USD
9/26/202580.45 USD
9/25/202579.28 USD
9/24/202579.24 USD
9/23/202581.81 USD
9/22/202581.36 USD
9/19/202581.40 USD
9/18/202582.68 USD
9/17/202581.02 USD
9/16/202581.72 USD
9/15/202580.34 USD
9/12/202579.94 USD
9/11/202582.60 USD
9/10/202581.58 USD
9/9/202581.93 USD
9/8/202582.88 USD
9/5/202584.27 USD
9/4/202582.34 USD
9/3/202581.12 USD
9/2/202580.17 USD
8/29/202581.82 USD
8/28/202584.98 USD
8/27/202583.63 USD
8/26/202583.15 USD
8/25/202581.71 USD
8/22/202582.16 USD
8/21/202578.62 USD
8/20/202575.72 USD
8/19/202577.07 USD
8/18/202578.87 USD
8/15/202578.67 USD
8/14/202579.46 USD
8/13/202580.34 USD
8/12/202578.26 USD
8/11/202575.46 USD
8/8/202575.26 USD
8/7/202574.73 USD
8/6/202572.14 USD
8/5/202574.63 USD
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IPG Photonics Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
1.43 B USD
169.50 M USD
109.91 M USD
Jan 1, 2023
1.29 B USD
231.97 M USD
218.88 M USD
Jan 1, 2024
977.13 M USD
-208.25 M USD
-181.53 M USD
Jan 1, 2025
1.00 B USD
13.10 M USD
31.10 M USD
Jan 1, 2026 (e)
1.11 B USD
143.18 M USD
54.19 M USD
Jan 1, 2027 (e)
1.21 B USD
156.21 M USD
91.44 M USD
Jan 1, 2028 (e)
1.34 B USD
172.78 M USD
112.57 M USD
Jan 1, 2029 (e)
1.39 B USD
178.95 M USD
141.47 M USD

IPG Photonics Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 5, 2026, 7:28 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
0.770.901.011.411.461.311.201.461.431.290.981.001.111.211.341.39
18.6717.1711.6539.963.62-9.94-8.6821.67-2.12-9.94-24.092.6610.979.0710.633.57
54.1054.5054.8756.5354.8346.1244.8347.6738.8442.0434.6037.9937.9937.9937.9937.99
416.00491.00552.00796.00800.00606.00538.00696.00555.00541.00338.00381.00422.78461.15510.15528.39
283.00342.00364.00551.00523.00233.00198.00367.00169.00231.00-208.0013.00143.00156.00172.00178.00
36.8037.9636.1839.1335.8517.7316.5025.1411.8317.95-21.291.3012.8512.8512.8112.80
200.00242.00260.00347.00404.00180.00159.00278.00109.00218.00-181.0031.0054.0091.00112.00141.00
29.0321.007.4433.4616.43-55.45-11.6774.84-60.79100.00-183.03-117.1374.1968.5223.0825.89
52.8753.4353.8754.9254.1152.9253.8753.6348.7246.6642.7842.6242.6242.6242.6242.62
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales IPG Photonics generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue IPG Photonics retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare IPG Photonics's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares IPG Photonics has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against IPG Photonics's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

IPG Photonics stock margins

The IPG Photonics margin analysis displays the gross margin, EBIT margin, as well as the profit margin of IPG Photonics. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for IPG Photonics.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
47.67 %
25.18 %
19.06 %
Jan 1, 2022
38.85 %
11.86 %
7.69 %
Jan 1, 2023
42.08 %
18.02 %
17.00 %
Jan 1, 2024
34.61 %
-21.31 %
-18.58 %
Jan 1, 2025
38.00 %
1.31 %
3.10 %
Jan 1, 2026 (e)
38.00 %
12.86 %
4.87 %
Jan 1, 2027 (e)
38.00 %
12.86 %
7.53 %
Jan 1, 2028 (e)
38.00 %
12.86 %
8.38 %

IPG Photonics Stock Revenue, EBIT, Earnings per Share

The IPG Photonics earnings per share therefore indicates how much revenue IPG Photonics has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
27.24 USD
6.86 USD
5.19 USD
Jan 1, 2022
29.34 USD
3.48 USD
2.26 USD
Jan 1, 2023
27.59 USD
4.97 USD
4.69 USD
Jan 1, 2024
22.84 USD
-4.87 USD
-4.24 USD
Jan 1, 2025
23.55 USD
0.31 USD
0.73 USD
Jan 1, 2026 (e)
26.11 USD
3.36 USD
1.27 USD
Jan 1, 2027 (e)
28.48 USD
3.67 USD
2.14 USD
Jan 1, 2028 (e)
31.50 USD
4.05 USD
2.64 USD

IPG Photonics business model & stock analysis

IPG Photonics Corp is a leading manufacturer of high-performance fiber lasers and amplifiers as well as optical components and accessories. The company was founded in Massachusetts in 1990 and currently employs over 6,000 employees worldwide. The business model of IPG Photonics Corp focuses on the development and marketing of advanced laser and fiber technologies that can be used in a variety of applications. The product range includes a wide range of laser sources including fiber, disk, semiconductor, gallium arsenide, CO2 and other gas lasers. A variety of applications include industrial material processing, heat adjustment, medical therapy, biotechnology, and semiconductor manufacturing. IPG Photonics Corp is also active in the aerospace industry and supplies laser and additional optical components used in communication technology, lidar technology, and defense technology. IPG Photonics Corp's customers include both large and small companies in the high-tech industry, government agencies, and universities worldwide. In 2006, IPG Photonics Corp acquired the laser and fiber technology of the University of Southampton, further strengthening its position as a market leader. The resulting technology has allowed the company to increase its productivity and efficiency and improve its competitive position in the global market. The materials processing division includes numerous applications such as cutting, welding, soldering, marking, and drilling. The fiber technology of IPG Photonics Corp offers the highest quality in materials processing and allows companies to increase their production efficiency. Laser technology can also be used in the production of electronics, automotive parts, aerospace vehicles, medical devices, and many other industries. The medical technology division includes laser applications in medical diagnosis and therapy. Areas of application include skin rejuvenation laser treatment and eye surgeries. IPG Photonics Corp develops innovative laser technologies to improve the available options for diagnosis and therapy on the market. In addition to materials processing and medical technology, IPG Photonics Corp is also active in communication technology, lidar technology, and defense technology. In communication technology, fiber lasers are used in fiber optic cables to increase data traffic. In lidar technology, lasers are used to measure the distance of objects and gather information about their shape and movement. In defense technology, lasers are used to detect or destroy enemy targets. IPG Photonics Corp aims to advance the development of laser and fiber technologies and develop innovative solutions for production, medicine, communication technology, lidar, and defense technology. With its innovation and leading role in the market, the company will continue to meet customer requirements and maintain its leadership position in the industry.

IPG Photonics SWOT Analysis

Strengths

  • IPG Photonics Corp is a leading manufacturer of high-performance fiber lasers and amplifiers, which provides a competitive advantage in the photonics industry.
  • The company has a strong research and development team, continuously innovating and developing new products to stay ahead in the market.
  • IPG Photonics Corp has a diverse product portfolio serving various industries like automotive, aerospace, medical, and telecommunications, reducing dependency on a single market.
  • The company's global presence and extensive distribution network allow it to reach customers in different regions, expanding its market reach.

Weaknesses

  • As a technology-based company, IPG Photonics Corp faces the risk of technological obsolescence. The rapid pace of technological advancements may affect the lifetime of its products.
  • The company heavily relies on its intellectual property rights to protect its products from infringement. Any legal challenges or loss of patents could harm its market position.
  • IPG Photonics Corp is exposed to foreign exchange rate risks due to its international operations. Fluctuations in currency values can impact its profitability.

Opportunities

  • Growing demand for fiber lasers in industrial applications, such as cutting, welding, and marking, presents a significant growth opportunity for IPG Photonics Corp.
  • The increasing focus on renewable energy sources, such as solar and wind power, creates opportunities for the company's fiber lasers in these emerging markets.
  • Strategic partnerships or acquisitions can help IPG Photonics Corp expand its product offerings or enter new markets, fueling further growth.

Threats

  • Intense competition in the photonics industry from both established companies and new entrants poses a threat to IPG Photonics Corp's market share.
  • Economic downturns or unfavorable global economic conditions can impact customer spending on capital investments, affecting the demand for the company's products.
  • Changes in government regulations or policies related to manufacturing, trade, or environmental standards may create challenges or additional compliance costs for IPG Photonics Corp.

IPG Photonics Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

IPG Photonics Employees
Details
Date
IPG Photonics Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

IPG Photonics Segments

IPG Photonics Revenue by Segment (1/3)

  • Max

Materials processing
Other applications
Details
Date
Materials processing
Other applications
Jan 1, 2024
857.34 M USD
119.80 M USD
Jan 1, 2025
860.19 M USD
143.59 M USD

IPG Photonics Revenue by Segment (2/3)

  • Max

High Power Continuous Wave ("CW") Lasers
Other Revenue including Other Lasers, Amplifiers, Service, Parts, Accessories
Other Revenue including Other Lasers, Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue
Laser and Non-Laser Systems
Pulsed Lasers
Medium Power CW Lasers
Quasi-Continuous Wave ("QCW") Lasers
Details
Date
Materials Processing
High Power Continuous Wave ("CW") Lasers
Other Revenue including Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue
Other Revenue including Other Lasers, Amplifiers, Service, Parts, Accessories
Other Revenue including Other Lasers, Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue
Laser and Non-Laser Systems
Pulsed Lasers
Medium Power CW Lasers
Other Applications
Laser Systems
Medium and Low Power CW Lasers
Quasi-Continuous Wave ("QCW") Lasers
Advanced Applications
Communications
Medical
Jan 1, 2024
0.00 USD
332.74 M USD
0.00 USD
0.00 USD
246.79 M USD
139.15 M USD
146.76 M USD
63.69 M USD
0.00 USD
0.00 USD
0.00 USD
48.02 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
308.83 M USD
0.00 USD
264.51 M USD
0.00 USD
147.24 M USD
143.25 M USD
88.18 M USD
0.00 USD
0.00 USD
0.00 USD
51.77 M USD
0.00 USD
0.00 USD
0.00 USD

IPG Photonics Revenue by Segment (3/3)

  • Max

Reportable Segment
Details
Date
Reportable Segment
Jan 1, 2024
977.13 M USD
Jan 1, 2025
1.00 B USD

IPG Photonics Revenue by Region

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Asia
Other including Eastern Europe/CIS
China
North America
Europe
Other Europe
United States and other North America
Other Countries
Germany
Asia and Australia:
Japan
International
Details
Date
Asia
Other including Eastern Europe/CIS
China
North America
Asia And Australia
Europe
Other Europe
United States and other North America
Other Countries
Germany
Other Including Eastern Europe CIS
Asia and Australia:
Japan
Other Country
International
Jan 1, 2018
0.00 USD
296.92 M USD
629.08 M USD
202.74 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
127.25 M USD
111.26 M USD
0.00 USD
0.00 USD
87.62 M USD
0.00 USD
5.01 M USD
Jan 1, 2019
0.00 USD
249.87 M USD
491.89 M USD
280.89 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
121.59 M USD
81.37 M USD
0.00 USD
0.00 USD
71.76 M USD
0.00 USD
17.23 M USD
Jan 1, 2020
0.00 USD
219.54 M USD
502.28 M USD
246.19 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
103.79 M USD
65.65 M USD
0.00 USD
0.00 USD
53.18 M USD
0.00 USD
10.11 M USD
Jan 1, 2021
0.00 USD
289.14 M USD
548.35 M USD
314.98 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
139.15 M USD
101.74 M USD
0.00 USD
0.00 USD
54.08 M USD
0.00 USD
13.43 M USD
Jan 1, 2022
0.00 USD
294.48 M USD
479.93 M USD
338.71 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
152.37 M USD
85.49 M USD
0.00 USD
0.00 USD
57.87 M USD
0.00 USD
20.70 M USD
Jan 1, 2023
0.00 USD
0.00 USD
355.32 M USD
313.99 M USD
0.00 USD
0.00 USD
291.34 M USD
0.00 USD
142.38 M USD
88.03 M USD
0.00 USD
0.00 USD
72.33 M USD
0.00 USD
24.06 M USD
Jan 1, 2024
0.00 USD
0.00 USD
245.00 M USD
258.89 M USD
0.00 USD
0.00 USD
197.15 M USD
0.00 USD
113.23 M USD
87.80 M USD
0.00 USD
0.00 USD
62.35 M USD
0.00 USD
12.71 M USD
Jan 1, 2025
480.08 M USD
0.00 USD
291.91 M USD
267.18 M USD
0.00 USD
243.70 M USD
0.00 USD
0.00 USD
0.00 USD
105.16 M USD
0.00 USD
0.00 USD
66.37 M USD
0.00 USD
12.81 M USD

IPG Photonics Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

IPG Photonics historical P/E ratio, EBIT multiple, and P/S ratio

IPG Photonics annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

IPG Photonics shares outstanding

The number of shares of IPG Photonics was 42.62 M in 2025. This indicates how many shares IPG Photonics is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
53.63 M Stocks
Jan 1, 2022
48.72 M Stocks
Jan 1, 2023
46.66 M Stocks
Jan 1, 2024
42.78 M Stocks
Jan 1, 2025
42.62 M Stocks
Jan 1, 2026 (e)
42.62 M Stocks
Jan 1, 2027 (e)
42.62 M Stocks
Jan 1, 2028 (e)
42.62 M Stocks

IPG Photonics Dividend History

1 years of dividend payments

YearAnnual DividendYoY ChangePayments
20120.65USD

IPG Photonics dividend payout ratio

In 2025, IPG Photonics had a payout ratio of 23.36%. The payout ratio indicates the percentage of the company's profits that IPG Photonics distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
23.36 %
Jan 1, 2022
23.36 %
Jan 1, 2023
23.36 %
Jan 1, 2024
23.36 %
Jan 1, 2025
23.36 %
Jan 1, 2026 (e)
23.36 %
Jan 1, 2027 (e)
23.36 %
Jan 1, 2028 (e)
23.36 %

Current IPG Photonics forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
68.04 %
Buy
58.82 % (10)
Hold
35.29 % (6)
Sell
5.88 % (1)
12M Price Target
166.26
Last Price
92.48
Currency
USD
12M Return Potential
79.78 %
LTM Return
0 %

IPG Photonics Analyst Rating Actions

DateFirmActionRatingReliability
7/17/2026
Needham
Needham
MaintainedBuy70
5/6/2026
Stifel
Stifel
MaintainedBuy
5/6/2026
Needham
Needham
UpgradeHoldBuy70
5/6/2026
Citigroup
Citigroup
MaintainedBuy48
2/13/2026
Stifel
Stifel
MaintainedBuy
2/13/2026
Raymond James
Raymond James
DowngradeStrong BuyOutperform74
2/3/2026
Roth Capital
Roth Capital
MaintainedBuy
11/5/2025
Citigroup
Citigroup
UpgradeSellBuy48
8/7/2025
Bernstein
Bernstein
UpgradeMarket PerformOutperform
5/7/2025
Raymond James
Raymond James
MaintainedStrong Buy74

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

IPG Photonics Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/4/20260.39USD-285.57 MUSD-2026 Q2
5/5/20260.27USD-261.58 MUSD-2026 Q1
2/17/20260.20USD-254.51 MUSD-2025 Q4
4/30/20241.02USD-303.48 MUSD-2024 Q1
2/12/20240.97USD-291.17 MUSD-2023 Q4
7/31/20231.23USD-358.74 MUSD-2023 Q2
5/1/20231.05USD-329.83 MUSD-2023 Q1
2/13/20230.92USD-320.64 MUSD-2022 Q4
11/1/20221.17USD-378.40 MUSD-2022 Q3
8/2/20221.17USD-380.96 MUSD-2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the IPG Photonics stock

80/100
74
Environment
99
Social
65
Governance
E

Environment

20
Scope 1 - Direct Emissions19,230
Scope 2 - Indirect emissions from purchased energy25,296
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions44,526
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees47
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

IPG Photonics shareholder structure

% Name
15.77163%
Valentin Gapontsev Trust I
Valentin Gapontsev Trust I
15.45878%
IP Fibre Devices (UK), Ltd.
IP Fibre Devices (UK), Ltd.
10.76987%
FIRST EAGLE INVESTMENT MANAGEMENT, LLC
FIRST EAGLE INVESTMENT MANAGEMENT, LLC
10.52076%
First Eagle Investment Management, L.L.C.
First Eagle Investment Management, L.L.C.
6.55609%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
6.36188%
BLACKROCK, INC.
BLACKROCK, INC.
...

IPG Photonics Beneficial Ownership Filings (SEC 13D/G)

Free Float
61.4%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
41.80%
Valentin P. Gapontsev
Valentin P. Gapontsev
SEC ↗
34.30%
Shcherbakov Eugene A
Shcherbakov Eugene A
SEC ↗
32.14%
Alexander Ovtchinnikov, individually and as trustee of The Valentin Gapontsev Trust I
Alexander Ovtchinnikov, individually and as trustee of The Valentin Gapontsev Trust I
SEC ↗
32.13%
Angelo P. Lopresti, individually and as trustee of The Valentin Gapontsev Trust I
Angelo P. Lopresti, individually and as trustee of The Valentin Gapontsev Trust I
SEC ↗
32.07%
Eugene Scherbakov, individually and as trustee of The Valentin Gapontsev Trust I
Eugene Scherbakov, individually and as trustee of The Valentin Gapontsev Trust I
SEC ↗
30.16%
Nikolai Platonov, individually and as trustee of The Valentin Gapontsev Trust I
Nikolai Platonov, individually and as trustee of The Valentin Gapontsev Trust I
SEC ↗
19.60%
IQ EQ Trust Company, U.S., LLC
IQ EQ Trust Company, U.S., LLC
SEC ↗
19.10%
Lopresti Angelo P
Lopresti Angelo P
SEC ↗
17.50%
Fibre Devices (UK) Ltd.
Fibre Devices (UK) Ltd.
SEC ↗
15.70%
Valentin Gapontsev Trust I
Valentin Gapontsev Trust I
SEC ↗

IPG Photonics Executives and Management Board

19 members · avg. age 60 · 32 % women

MG

Dr. Mark Gitin (58)

Chief Executive Officer, Director · since 2024

6.70 M USD

Management

TM

Mr. Timothy Mammen (55)

Chief Financial Officer, Senior Vice President

3.08 M USD
TN

Mr. Trevor Ness (52)

Senior Vice President - Sales and Strategic Business Development

2.68 M USD
AL

Mr. Angelo Lopresti (61)

General Counsel, Secretary, Senior Vice President

2.61 M USD
IS

Mr. Igor Samartsev (61)

Senior Vice President, Chief Scientist · since 2022

1.05 M USD
JK

Ms. Jennifer Kartono (55)

Senior Vice President, Chief Human Resources Officer

AS

Dr. Alex Schoenfelder

Senior Vice President, General Manager - Global Components

Board of Directors

ES

Dr. Eugene Shcherbakov (77)

Director · since 2000

6.10 M USD
JP

Mr. John Peeler (70)

Non-Executive Independent Chairman of the Board

382,726.00 USD
JD

Ms. Jeanmarie Desmond (58)

Independent Director

324,950.00 USD
GD

Mr. Gregory Dougherty (65)

Independent Director

324,950.00 USD
EM

Mr. Eric Meurice (68)

Independent Director

316,939.00 USD
GB

Mr. Gregory Beecher (67)

Independent Director

309,950.00 USD

IPG Photonics Supply Chain

IPG Photonics Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
6 companies
#NameTrend
1
BIOLASE
Supplier·Customer·Health Care Equipment & Supplies·US
-0.15
0.41
0.65
0.78
0.79
0.67
2
Gooch & Housego
Supplier·Electronic Equipment, Instruments & Components·GB
0.39
0.11
0.64
0.91
0.90
0.64
3
Bystronic
Supplier·Customer·Machinery·CH
0.10
0.20
0.77
0.96
0.83
0.47
#NameTrend
1
Nadex
Customer·Machinery·JP
0.62
0.18
0.59
0.87
0.45
2
Wuxi Autowell Technology A
Supplier·Semiconductors & Semiconductor Equipment·CN
-0.11
-0.25
-0.20
0.33
-0.54
-0.66
3
0.58
0.01
0.74
0.82
0.26
0.19

Frequently asked questions about IPG Photonics

IPG Photonics Corp's business model focuses on the development and manufacturing of high-performance fiber lasers and amplifiers used in diverse applications. The company designs and produces a broad range of products catering to various industries, such as materials processing, telecommunications, automotive, and medical. IPG Photonics Corp operates as a vertically integrated company, meaning it controls the entire production process from raw material to final product. This integration enables better quality control, cost efficiency, and innovation. With its cutting-edge technology and global presence, IPG Photonics Corp aims to deliver industry-leading solutions to its customers, solidifying its position as a leader in the photonics industry.

IPG Photonics Corp is primarily active in the industrial, automotive, aerospace, and telecommunications industries.

The main competitors of IPG Photonics Corp in the market are Coherent Inc., Trumpf GmbH + Co. KG, and nLight Inc.

IPG Photonics Corp is a leading global provider of high-performance fiber lasers for diverse applications. Founded in 1990, the company has consistently grown and innovated in the photonics industry. IPG Photonics Corp specializes in the development and manufacturing of cutting-edge fiber lasers, amplifiers, and related systems. With a strong focus on research and development, IPG Photonics Corp has pioneered numerous technological advancements in the field. The company's highly skilled workforce and dedication to customer satisfaction have earned them a solid reputation in the industry. IPG Photonics Corp continues to drive innovation and provide state-of-the-art laser solutions for industrial, medical, and scientific applications.

IPG Photonics Corp has achieved several significant milestones throughout its history. The company pioneered and commercialized high-power fiber lasers, revolutionizing the industrial laser market. It became the first to develop and deliver kilowatt-scale fiber lasers for materials processing applications. IPG Photonics Corp has also expanded its product portfolio, introducing advanced laser technologies for various industries, including automotive, aerospace, and medical. With continuous innovation, the company has achieved breakthroughs in beam quality, power scalability, and efficiency. IPG Photonics Corp's commitment to research and development has garnered numerous industry awards and recognitions, solidifying its position as a global leader in photonics and fiber laser solutions.

IPG Photonics Corp is primarily present in multiple countries and regions worldwide. It has a global presence and serves customers in key markets such as the United States, Europe, China, Japan, and other Asia-Pacific countries. With its advanced photonics technologies and solutions, IPG Photonics Corp operates across diverse industries including telecommunications, industrial manufacturing, aerospace, automotive, and medical. The company's strong international footprint enables it to cater to a wide range of customers and continuously expand its market reach.

IPG Photonics Corp represents a strong corporate philosophy focused on innovation, quality, and customer satisfaction. With a commitment to developing cutting-edge photonics technology, IPG Photonics Corp aims to deliver superior value to its customers and stakeholders. The company's values revolve around integrity, teamwork, and continuous improvement. By leveraging its expertise in fiber lasers and amplifiers, IPG Photonics Corp has become a global leader in the industry, serving various sectors including materials processing, telecommunications, and medical applications. Through its dedication to research and development, IPG Photonics Corp strives to maintain its position as a reliable and trusted provider of advanced laser solutions.

Analysts currently set an average price target of 147.65 USD for the IPG Photonics stock (median: 166.26 USD), implying +59.7 % versus the latest price. The consensus is based on 17 analyst ratings.

16 analysts currently rate the IPG Photonics stock: 10 recommend buying, 5 holding and 1 selling. For 2026, analysts expect IPG Photonics to generate revenue of 1.11 B USD and earnings per share of 1.27 USD.

Converted at the current exchange rate, the IPG Photonics share trades at 80.24 EUR (92.48 USD).

The IPG Photonics share (IPGP) is listed on 6 stock exchanges, including: NASDAQ (IPGP), Frankfurt (IPF.F), München (IPF.MU), Düsseldorf (IPF.DU), London (0J86.L), London (0J86.L).

IPG Photonics Corp was originally founded in Russia to develop optical components for military applications. As the company expanded into the United States in the late 90s, it shifted its focus to fiber laser technology and emerged as a pioneer in the industry. Today, IPG Photonics is a multinational corporation with multiple manufacturing facilities and a wide product portfolio that has served over 50,000 customers since its inception. The core competency of IPG Photonics is the development and manufacturing of fiber lasers and fiber amplifiers for a variety of applications. This technology offers numerous advantages over conventional lasers, including higher power density, larger temperature range, and longer lifespan. IPG Photonics provides laser systems for industrial applications, medical technology, science and research, as well as military and defense purposes. Industrial applications are the largest segment of IPG's business model. IPG's products are used for a variety of manufacturing processes, including cutting, welding, marking, and engraving. By using fiber lasers, process speed can be increased and precision can be improved, leading to increased efficiency and productivity. Customers include companies in the automotive, aerospace, energy, semiconductor and electronics industries, as well as the jewelry and watchmaking industry. Another important segment is the medical applications of IPG Photonics. IPG's laser systems are used for diagnostic imaging and therapy, as well as the production of medical devices and surgical instruments. The use of fiber lasers allows for targeted treatment of specific tissue and cell structures without damaging surrounding healthy tissue. This includes applications in ophthalmic surgery, dermatology, and oncology. IPG Photonics is also a leader in science and research, offering laser systems for experimental purposes. These systems are used in materials research, quantum physics, astronomy, and other scientific disciplines. By using fiber lasers, researchers can perform highly precise real-time measurements and obtain information about atomic or macroscopic processes. Finally, IPG Photonics also operates in the military and defense technology sector. The company provides laser systems for a variety of military applications, including weapons systems, reconnaissance, communication, and navigation. IPG bases its business practices on strict ethical and legal standards and complies with comprehensive regulations from the US Department of Defense and other government agencies. Overall, IPG Photonics Corp has a strong business model based on a variety of applications. The use of fiber lasers allows the company to operate in a wide range of industries and applications and take a leading role in providing laser technology. With a broad product portfolio and a high level of technical expertise, IPG is likely to remain a significant player in the laser systems market in the future.

The expected revenue of IPG Photonics is 1.11 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of IPG Photonics is 54.19 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of IPG Photonics is currently 72.74. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the IPG Photonics stock.

The price-to-sales ratio (P/S) of IPG Photonics is currently 3.54. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the IPG Photonics stock.

The Eulerpool Quality Score for IPG Photonics is 2/10.

The ISIN of IPG Photonics is US44980X1090. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of IPG Photonics is 602224. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of IPG Photonics is IPGP. The ticker symbol is used to trade IPG Photonics shares on the stock exchange.

The current dividend yield of IPG Photonics is 0.70 %.

IPG Photonics paid dividends every year for the past 0 years.

IPG Photonics is assigned to the 'Information technology' sector.

To receive the latest dividend of IPG Photonics from amounting to 0.65 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

The dividends of IPG Photonics are distributed in USD.

All fundamentals and in-depth analysis of IPG Photonics

Our stock analysis for IPG Photonics stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of IPG Photonics. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.