New insider activity at IPG Photonics ( (IPGP) ) has taken place on March 8, 2025.
Significant shareholder Valentin Gapontsev Trust I recently sold 75,000 shares of IPG Photonics stock, amounting to a transaction worth $4,696,309.
Recent Updates on IPGP stock
In the last 24 hours, IPG Photonics has seen its stock price targets lowered by several analysts due to a combination of weak demand and intensifying competition. Citi reduced its price target citing weaker Q1 guidance and a challenging global demand outlook for laser sources. BofA also lowered its target, highlighting weak Q1 guidance and increased competition from low-cost Chinese suppliers as factors. Stifel adjusted its target downward, acknowledging the company’s strong technology portfolio and balance sheet but noting that revenue recovery is now expected by 2026. These changes follow IPG’s Q4 2024 financial results, which showed a 22% revenue decline year-over-year, primarily due to reduced sales in materials processing and medical applications, despite improved gross margins and strong cash flow generation.
More about IPG Photonics
YTD Price Performance: -13.88%
Average Trading Volume: 306,796
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.7B
Questions or Comments about the article? Write to editor@tipranks.com