$84.58
00.00%
At close: Jul 3, 1:00 PM EDT
$84.58
00.00%
After Hours: Jul 3, 1:00 PM EDT
15 minutes delayed
IPG Photonics
IPGPNASDAQ
IPG Photonics (NASDAQ:IPGP) Stock, Analyst Ratings, Price Targets, Predictions
IPG Photonics Corp has a consensus price target of $121.1, established from looking at the 34 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, Benchmark, and Citigroup on May 2, 2024, May 1, 2024, and February 16, 2024. With an average price target of $82.67 between Citigroup, Benchmark, and Citigroup, there's an implied -2.26% downside for IPG Photonics Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Citigroup
Benchmark
Needham
Stifel
Seaport Global
1calculated from analyst ratings
Analyst Ratings for IPG Photonics
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/02/2024 | Buy Now | -19.6% | Citigroup | Jamie Wang | $74 → $68 | Maintains | Sell | Get Alert |
| 05/01/2024 | Buy Now | 25.33% | Benchmark | Mark Miller | $116 → $106 | Maintains | Buy | Get Alert |
| 05/01/2024 | Buy Now | — | Needham | James Ricchiuti | — | Reiterates | → Hold | Get Alert |
| 02/16/2024 | Buy Now | -12.51% | Citigroup | Jamie Wang | $111 → $74 | Downgrade | Neutral → Sell | Get Alert |
| 02/15/2024 | Buy Now | -12.51% | Citigroup | Jamie Wang | $111 → $74 | Downgrade | Neutral → Sell | Get Alert |
| 02/14/2024 | Buy Now | 35.97% | Stifel | Ruben Roy | $130 → $115 | Maintains | Buy | Get Alert |
| 01/25/2024 | Buy Now | 47.79% | Seaport Global | Scott Graham | → $125 | Initiates | → Buy | Get Alert |
| 01/02/2024 | Buy Now | 53.7% | Stifel | Ruben Roy | $120 → $130 | Maintains | Buy | Get Alert |
| 12/04/2023 | Buy Now | 41.88% | Stifel | Ruben Roy | → $120 | Reiterates | Buy → Buy | Get Alert |
| 10/30/2023 | Buy Now | 41.88% | Stifel | Ruben Roy | $145 → $120 | Maintains | Buy | Get Alert |
| 08/18/2023 | Buy Now | 31.24% | Citigroup | Jamie Wang | $152 → $111 | Downgrade | Buy → Neutral | Get Alert |
| 08/15/2023 | Buy Now | 58.43% | Benchmark | Mark Miller | → $134 | Reiterates | Buy → Buy | Get Alert |
| 08/14/2023 | Buy Now | 58.43% | Benchmark | Mark Miller | → $134 | Reiterates | Buy → Buy | Get Alert |
| 08/02/2023 | Buy Now | 58.43% | Benchmark | Mark Miller | → $134 | Reiterates | Buy → Buy | Get Alert |
| 08/02/2023 | Buy Now | 100.99% | Raymond James | Brian Gesuale | → $170 | Upgrade | Outperform → Strong Buy | Get Alert |
| 06/14/2023 | Buy Now | 100.99% | Raymond James | Brian Gesuale | → $170 | Upgrade | Market Perform → Outperform | Get Alert |
| 05/09/2023 | Buy Now | 79.71% | Citigroup | Jamie Wang | $160 → $152 | Maintains | Buy | Get Alert |
| 02/16/2023 | Buy Now | 89.17% | Citigroup | Eric Lau | $115 → $160 | Maintains | Buy | Get Alert |
| 02/16/2023 | Buy Now | 46.61% | Bernstein | Jay Huang | $100 → $124 | Maintains | Market Perform | Get Alert |
| 02/15/2023 | Buy Now | 65.52% | Benchmark | Mark Miller | $130 → $140 | Maintains | Buy | Get Alert |
| 11/02/2022 | Buy Now | 30.05% | Stifel | Ruben Roy | → $110 | Reinstates | → Buy | Get Alert |
| 11/02/2022 | Buy Now | — | Raymond James | Brian Gesuale | — | Upgrade | Underperform → Market Perform | Get Alert |
| 11/01/2022 | Buy Now | — | Raymond James | Brian Gesuale | — | Upgrade | Underperform → Market Perform | Get Alert |
| 08/03/2022 | Buy Now | 72.62% | Citigroup | Jamie Wang | $157 → $146 | Maintains | Buy | Get Alert |
| 05/04/2022 | Buy Now | 116.36% | Benchmark | Mark Miller | $220 → $183 | Maintains | Buy | Get Alert |
| 03/14/2022 | Buy Now | — | Raymond James | Brian Gesuale | — | Downgrade | Market Perform → Underperform | Get Alert |
| 03/03/2022 | Buy Now | — | Needham | James Ricchiuti | — | Downgrade | Buy → Hold | Get Alert |
| 02/16/2022 | Buy Now | 95.08% | Needham | James Ricchiuti | $205 → $165 | Maintains | Buy | Get Alert |
| 02/16/2022 | Buy Now | 100.99% | Stifel | Patrick Ho | → $170 | Upgrade | Hold → Buy | Get Alert |
| 11/11/2021 | Buy Now | 89.17% | Bernstein | Jay Huang | — | Downgrade | Outperform → Market Perform | Get Alert |
| 11/04/2021 | Buy Now | 104.54% | B of A Securities | Michael Feniger | — | Downgrade | Neutral → Underperform | Get Alert |
| 10/11/2021 | Buy Now | 110.45% | B of A Securities | Michael Feniger | — | Downgrade | Buy → Neutral | Get Alert |
| 10/04/2021 | Buy Now | 100.99% | Stifel | Patrick Ho | — | Reinstates | → Hold | Get Alert |
| 08/06/2021 | Buy Now | 124.64% | Citigroup | Eric Lau | — | Downgrade | Buy → Neutral | Get Alert |
FAQ
What is the target price for IPG Photonics (IPGP) stock?
The latest price target for IPG Photonics (NASDAQ:IPGP) was reported by Citigroup on May 2, 2024. The analyst firm set a price target for $68.00 expecting IPGP to fall to within 12 months (a possible -19.60% downside). 15 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for IPG Photonics (IPGP)?
The latest analyst rating for IPG Photonics (NASDAQ:IPGP) was provided by Citigroup, and IPG Photonics maintained their sell rating.
When was the last upgrade for IPG Photonics (IPGP)?
The last upgrade for IPG Photonics Corp happened on August 2, 2023 when Raymond James raised their price target to $170. Raymond James previously had an outperform for IPG Photonics Corp.
When was the last downgrade for IPG Photonics (IPGP)?
The last downgrade for IPG Photonics Corp happened on February 16, 2024 when Citigroup changed their price target from $111 to $74 for IPG Photonics Corp.
When is the next analyst rating going to be posted or updated for IPG Photonics (IPGP)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of IPG Photonics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for IPG Photonics was filed on May 2, 2024 so you should expect the next rating to be made available sometime around May 2, 2025.
Is the Analyst Rating IPG Photonics (IPGP) correct?
While ratings are subjective and will change, the latest IPG Photonics (IPGP) rating was a maintained with a price target of $74.00 to $68.00. The current price IPG Photonics (IPGP) is trading at is $84.58, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.