
IPG Photonics (IPGP) Stock Forecast & Price Target
IPG Photonics (IPGP) Analyst Ratings
Bulls say
IPG Photonics Corp reported an 18% year-over-year revenue increase, excluding the impact of its Russian business disposal and a minor acquisition in Germany, indicating strong underlying performance. The company's gross margin of 38.6% exceeded guidance expectations and showed a notable improvement from previous periods, suggesting enhanced operational efficiency. Additionally, emerging growth products accounted for 48% of total sales in Q4, reflecting significant demand in diverse applications such as medical and battery welding, which positions IPG favorably for sustained growth in under-penetrated markets.
Bears say
IPG Photonics Corp's fourth-quarter revenues declined by 22% year-over-year, reflecting ongoing weakness in the industrial and e-mobility end markets, contributing to a yearly revenue drop of 24% for FY24. Despite posting revenues slightly above consensus expectations, the company reported an adjusted EPS that missed estimates significantly, indicating issues with profitability as demonstrated by a substantial decline in adjusted gross margins. Management's guidance for Q1’25 suggests continued pressure, with projections falling below market consensus and overall expectations for a return to growth not anticipated until 2026, highlighting significant uncertainties in demand trends moving forward.
This aggregate rating is based on analysts' research of IPG Photonics and is not a guaranteed prediction by Public.com or investment advice.
IPG Photonics (IPGP) Analyst Forecast & Price Prediction
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