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IPG Photonics (IPGP) Stock Forecast & Price Target

IPG Photonics logo
$73.45 -1.61 (-2.14%)
(As of 11/15/2024 ET)

IPG Photonics - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
2
Buy
3

Based on 6 Wall Street analysts who have issued ratings for IPG Photonics in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 1 has given a sell rating, 2 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for IPGP.

Consensus Price Target

$93.50
27.30% Upside
According to the 6 analysts' twelve-month price targets for IPG Photonics, the average price target is $93.50. The highest price target for IPGP is $106.00, while the lowest price target for IPGP is $68.00. The average price target represents a forecasted upside of 27.30% from the current price of $73.45.

IPGP Analyst Ratings Over Time

TypeCurrent Forecast
11/16/23 to 11/15/24
1 Month Ago
10/17/23 to 10/16/24
3 Months Ago
8/18/23 to 8/17/24
1 Year Ago
11/16/22 to 11/16/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$93.50$93.50$93.40$125.33
Forecasted Upside27.30% Upside25.30% Upside38.37% Upside32.29% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

IPGP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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IPGP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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IPG Photonics Stock vs. The Competition

TypeIPG PhotonicsComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.50
2.67
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside27.40% Upside552.45% Upside9.93% Upside
News Sentiment Rating
Positive News

See Recent IPGP News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/30/2024Benchmark
2 of 5 stars
M. Miller
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Reiterated RatingHold
10/30/2024Needham & Company LLC
2 of 5 stars
 Reiterated RatingHold
7/31/2024Raymond James
4 of 5 stars
 Lower TargetStrong-Buy ➝ Strong-Buy$127.00 ➝ $100.00+22.04%
7/31/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$115.00 ➝ $100.00+22.97%
5/2/2024Citigroup
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 Lower TargetSell ➝ Sell$74.00 ➝ $68.00-21.26%
1/25/2024Seaport Res Ptn
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S. Graham
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Reiterated RatingBuy
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10/11/2023Bank of America
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 Lower Target$107.00 ➝ $93.00-3.33%
2/16/2023Sanford C. Bernstein
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 Boost TargetMarket Perform$100.00 ➝ $124.00-5.42%
1/3/2023DA Davidson
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H. Chung
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Reiterated RatingBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 08:21 PM ET.


IPGP Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for IPG Photonics is $93.50, with a high forecast of $106.00 and a low forecast of $68.00.

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IPG Photonics in the last year. There is currently 1 sell rating, 2 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IPGP shares.

According to analysts, IPG Photonics's stock has a predicted upside of 27.30% based on their 12-month stock forecasts.

IPG Photonics has been rated by research analysts at Benchmark, and Needham & Company LLC in the past 90 days.

Analysts like IPG Photonics less than other "computer and technology" companies. The consensus rating score for IPG Photonics is 2.50 while the average consensus rating score for "computer and technology" companies is 2.67. Learn more on how IPGP compares to other companies.


This page (NASDAQ:IPGP) was last updated on 11/15/2024 by MarketBeat.com Staff
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