Overview
High-power fiber laser maker's Q4 revenue rose 17%, beating analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Company authorized new $100 mln share repurchase program
Outlook
IPG expects Q1 2026 revenue between $235 mln and $265 mln
Company anticipates Q1 adjusted EPS of $0.10 to $0.40
IPG sees Q1 adjusted EBITDA between $25 mln and $40 mln
Result Drivers
STRATEGIC INITIATIVES - Revenue growth driven by execution on strategic initiatives and increased demand in additive and battery manufacturing, per CEO Dr. Mark Gitin
REGIONAL SALES GROWTH - Sales increased 19% in Asia, 23% in North America, and 6% in Europe year-over-year
GROSS MARGIN IMPACT - Gross margin decreased due to higher product costs and tariffs, partially offset by lower inventory provisions
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $274.50 mln | $249.45 mln (7 Analysts) |
Q4 Adjusted EPS | Beat | $0.46 | $0.20 (7 Analysts) |
Q4 EPS | $0.31 | ||
Q4 Net Income | $13.30 mln | ||
Q4 Gross Margin | 36.10% | ||
Q4 Operating Income | $3.30 mln | ||
Q4 Operating Margin | 1.20% |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy"
Wall Street's median 12-month price target for IPG Photonics Corp is $97.00, about 12.5% below its February 11 closing price of $110.90
The stock recently traded at 77 times the next 12-month earnings vs. a P/E of 62 three months ago
Press Release: ID:nGNX1pP3md
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)