LightPath Technologies (LPTH) Stock Price, News & Analysis

Company Overview

LightPath Technologies, Inc. (NASDAQ: LPTH) is a global optics company specializing in the design, development and manufacture of precision optical components, assemblies, and systems. The company’s product portfolio includes molded glass aspheric lenses, infrared (IR) optics, gradient index (GRIN) lenses, and custom optical assemblies. These components are used in applications ranging from high-volume consumer electronics to demanding defense, aerospace, and industrial markets.

Founded through the consolidation of several optical technology firms, LightPath Technologies has grown its manufacturing footprint to include facilities in Orlando, Florida; Tucson, Arizona; Jena, Germany; and Suzhou, China. The company’s vertically integrated operations cover every stage of production, from raw material procurement and precision molding to post-production coating and assembly. This integrated approach helps LightPath maintain tight quality control and deliver complex optical solutions on accelerated timelines.

LightPath serves a broad range of end markets, including infrared imaging and sensing for defense and security, laser beam delivery for medical and industrial applications, illumination optics for automotive and architectural lighting, and optical modules for telecom and datacom systems. By tailoring lens design and optical coatings to specific performance requirements, the company helps OEMs meet the stringent optical specifications required in low-light imaging, high-power laser delivery, and next-generation communications.

The company is led by Chief Executive Officer Joseph Vanasse, whose background in advanced manufacturing and global operations has guided LightPath through several key technology and capacity expansions. Under his leadership, the executive team has emphasized innovation, cost efficiency, and customer partnerships. LightPath continues to invest in process improvement and new product development to address the evolving demands of markets worldwide.

Key Stats

• Today's Range: $2.90 to $3.05
• 50-Day Range: $2.21 to $3.19
• 52-Week Range: $1.04 to $4.42
• Volume: 188,868 shs
• Average Volume: 179,306 shs
• Market Capitalization: $131.13 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.88
• Consensus Rating: Buy

LightPath Technologies Stock Analysis - MarketRank™

LightPath Technologies scored higher than 68% of companies evaluated by MarketBeat, and ranked 262nd out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

LightPath Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

LightPath Technologies has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for LightPath Technologies are expected to grow in the coming year, from ($0.18) to ($0.09) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of LightPath Technologies is -11.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of LightPath Technologies is -11.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

LightPath Technologies has a P/B Ratio of 3.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.71% of the float of LightPath Technologies has been sold short.

Short Interest Ratio / Days to Cover

LightPath Technologies has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in LightPath Technologies has recently decreased by 7.30%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

LightPath Technologies does not currently pay a dividend.

Dividend Growth

LightPath Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.71% of the float of LightPath Technologies has been sold short.

Short Interest Ratio / Days to Cover

LightPath Technologies has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in LightPath Technologies has recently decreased by 7.30%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

LightPath Technologies has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for LightPath Technologies this week, compared to 2 articles on an average week.

MarketBeat Follows

2 people have added LightPath Technologies to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, LightPath Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

14.65% of the stock of LightPath Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

56.29% of the stock of LightPath Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LPTH Stock Analysis - Frequently Asked Questions

How have LPTH shares performed this year?

LightPath Technologies' stock was trading at $3.53 at the beginning of 2025. Since then, LPTH shares have decreased by 16.4% and is now trading at $2.95.

How were LightPath Technologies' earnings last quarter?

LightPath Technologies, Inc. (NASDAQ:LPTH) issued its quarterly earnings data on Thursday, May, 15th. The technology company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by $0.05. The technology company earned $9.17 million during the quarter, compared to analysts' expectations of $8.78 million. LightPath Technologies had a negative trailing twelve-month return on equity of 41.68% and a negative net margin of 30.18%.
Read the conference call transcript.

Does LightPath Technologies have any subsidiaries?

LightPath Technologies subsidiaries include ISP Optics Corporation, GelTech Inc., Horizon Photonics, GELTECH Inc., ISP Optics Corporation, ISP Optics Latvia SIA, LightPath Optical Instrumentation (Shanghai) Co. Ltd, and LightPath Optical Instrumentation (Zhenjiang) Co. Ltd.

How do I buy shares of LightPath Technologies?

Shares of LPTH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of LightPath Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that LightPath Technologies investors own include EXFO (EXFO), Merit Medical Systems (MMSI), RTI Surgical (RTIX), Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU) and Pfizer (PFE).

Company Calendar

• Last Earnings: 5/15/2025
• Today: 7/08/2025
• Next Earnings (Estimated): 9/18/2025
• Fiscal Year End: 6/30/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: ELEC - MISC COMPONENTS
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:LPTH
• CIK: 889971
• Web: www.lightpath.com
• Phone: (407) 382-4003
• Fax: 407-382-4007
• Employees: 330
• Year Founded: 1985

Price Target and Rating

• Average Stock Price Target: $4.88
• High Stock Price Target: $5.50
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +65.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$8.01 million
• Net Margins: -30.18%
• Pretax Margin: -29.92%
• Return on Equity: -41.68%
• Return on Assets: -19.01%

Debt

• Debt-to-Equity Ratio: 0.33
• Current Ratio: 2.30
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: $31.73 million
• Price / Sales: 4.13
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.78 per share
• Price / Book: 3.78

Miscellaneous

• Outstanding Shares: 44,450,000
• Free Float: 37,939,000
• Market Cap: $131.13 million
• Optionable: Not Optionable
• Beta: 0.90