Stocktoria
IPG PHOTONICS CORP IPGP
IPG PHOTONICS CORP (IPGP) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the safe zone. It pays a dividend yielding 0.73% (safety: no dividend). FY2025 revenue was $1.0B at a 3.1% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.47 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-05-06 | Citigroup | Buy (main) |
| 2026-05-06 | Stifel | Buy (main) |
| 2026-05-06 | Needham | Buy (up) |
| 2026-02-13 | Stifel | Buy (main) |
| 2026-02-13 | Raymond James | Outperform (down) |
| 2026-02-03 | Roth Capital | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.491 |
| Retained earnings / assets | 1.091 |
| EBIT / assets | 0.005 |
| Equity / liabilities | 7.186 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| IPGP | IPG PHOTONICS CORP | 6/9 | 14.36 | 146.3 | +2.7% |
| MTSI | MACOM Technology Solutions Holdings, Inc. | 5/9 | 4.58 | — | +32.6% |
| SMTC | SEMTECH CORP | 7/9 | 1.58 | — | +15.5% |
| ICHR | ICHOR HOLDINGS, LTD. | 3/9 | 4.62 | — | +11.6% |
| VIAV | VIAVI SOLUTIONS INC. | 5/9 | — | 355.1 | +8.4% |
| ALGM | ALLEGRO MICROSYSTEMS, INC. | 7/9 | 3.77 | — | +22.8% |
| SIMO | Silicon Motion Technology CORP | 5/9 | 7.22 | 89 | +10.2% |
About IPG PHOTONICS CORP
IPG Photonics Corporation develops, manufactures, and sells fiber lasers, fiber amplifiers, diode lasers, and laser-based systems used in materials processing, medical, and advanced applications. The company offers laser products, including hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; and high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers, as well as other versions. It also provides complementary products, such as optical fiber delivery cables, fiber couplers, beam switches, optical processing heads, process measuring and monitoring technologies, and in-line sensors and chillers. In addition, the company offers LightWELD, a handheld laser welding system; 2D compact flat sheet cutter systems; high precision laser systems for medical technology industry; multi axis Cartesian systems for fine welding, cutting, and drilling applications; laser and non-laser robotic welding and automation solutions; and related accessories for specific medical applications. The company sells and markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. It serves general manufacturing, automotive, consumer goods, medical devices, energy/renewable energy, micro electronics, original equipment manufacturers instrument manufacturing, scientific, as well as aerospace and defense, rail, and shipbuilding markets. IPG Photonics Corporation was founded in 1990 and is headquartered in Marlborough, Massachusetts.
FAQ
Is IPGP financially healthy?
IPG PHOTONICS CORP's Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does IPGP pay a dividend, and is it safe?
Yes. IPG PHOTONICS CORP pays a dividend yielding about 0.73% with a None payout ratio, rated “no dividend” for safety.
How profitable is IPGP?
In FY2025, IPG PHOTONICS CORP had a net margin of 3.1% and a return on equity of 1.5%.
Is IPGP overvalued or undervalued?
IPG PHOTONICS CORP trades at about 119.6× trailing earnings — above its 10-year norm (10-year range 17.8×–126.6×, median 38.1×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for IPGP?
The average Wall-Street price target for IPG PHOTONICS CORP is $130.50, about 49.5% above the recent price, from 7 analysts (consensus: buy).
Is IPGP a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on IPG PHOTONICS CORP: a Piotroski F-score of 6/9, an Altman Z″ in the safe zone, a P/E of about 146.3×, a dividend yield of 0.73%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.