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Upturn AI SWOT - About
IPGP 
IPG Photonics Corporation (IPGP)
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Upturn Advisory Summary
04/04/2025: IPGP (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -21.92% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/04/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.22B USD | Price to earnings Ratio - | 1Y Target Price 75 |
Price to earnings Ratio - | 1Y Target Price 75 | ||
Volume (30-day avg) 445906 | Beta 0.98 | 52 Weeks Range 49.55 - 92.21 | Updated Date 04/6/2025 |
52 Weeks Range 49.55 - 92.21 | Updated Date 04/6/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -4.09 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -18.58% | Operating Margin (TTM) 5.91% |
Management Effectiveness
Return on Assets (TTM) 0.36% | Return on Equity (TTM) -8.18% |
Valuation
Trailing PE - | Forward PE 34.97 | Enterprise Value 1305397999 | Price to Sales(TTM) 2.27 |
Enterprise Value 1305397999 | Price to Sales(TTM) 2.27 | ||
Enterprise Value to Revenue 1.34 | Enterprise Value to EBITDA 17.19 | Shares Outstanding 42548600 | Shares Floating 26909837 |
Shares Outstanding 42548600 | Shares Floating 26909837 | ||
Percent Insiders 41.9 | Percent Institutions 62.21 |
Analyst Ratings
Rating 3.1 | Target Price 85.4 | Buy - | Strong Buy 2 |
Buy - | Strong Buy 2 | ||
Hold 6 | Sell 1 | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
IPG Photonics Corporation
Company Overview
History and Background
IPG Photonics Corporation was founded in 1990 by Valentin Gapontsev in Russia and later moved its headquarters to the United States. It pioneered and is the leading developer and manufacturer of high-performance fiber lasers and amplifiers for diverse applications.
Core Business Areas
- Materials Processing: Offers fiber lasers for cutting, welding, marking, drilling, and other industrial applications. It is the largest segment by revenue.
- Communications: Provides optical amplifiers and lasers for telecommunications and data transmission.
- Medical: Supplies lasers for surgical and medical applications.
- Other Applications: Includes lasers for scientific, entertainment, and other specialized purposes.
Leadership and Structure
Dr. Eugene Scherbakov is the CEO. The organizational structure is based on functional departments with global sales and service teams. The company has a strong engineering and R&D focus.
Top Products and Market Share
Key Offerings
- High-Power Fiber Lasers: Used primarily for cutting and welding applications in automotive, aerospace, and general manufacturing. IPG holds a significant market share (estimated 50% for fiber lasers above 1kW), facing competition from Coherent (COHR), Trumpf, and nLIGHT (LASR). High-power fiber lasers drive the most revenue for the company.
- Quasi-Continuous Wave (QCW) Lasers: Used for welding and brazing. Competes with traditional solid-state lasers and other fiber laser manufacturers. Limited market share data available due to the broader category, but estimated IPG is a major player.
- Pulsed Lasers: Used for marking, engraving, and micro-machining applications. Competitors include Trumpf, Coherent (COHR) and others.
- Mid-IR Lasers: IPG develops mid-IR lasers used for medical, sensing and scientific applications, facing competition from various solid-state laser manufacturers as well as other companies specializing in mid-IR technology.
Market Dynamics
Industry Overview
The laser market is driven by increasing demand for precision manufacturing, automation, and advanced medical procedures. Growth is influenced by global economic conditions, technological advancements, and government regulations.
Positioning
IPG Photonics is the market leader in fiber lasers, owing to its vertically integrated model, technological innovation, and cost advantages. Its competitive advantage stems from its in-house production of key components.
Total Addressable Market (TAM)
The global industrial laser market is projected to reach approximately $25 billion by 2027. IPG is positioned to capture a substantial portion of this market, primarily in materials processing applications.
Upturn SWOT Analysis
Strengths
- Technological Leadership in Fiber Lasers
- Vertically Integrated Manufacturing
- Strong R&D Capabilities
- Global Sales and Service Network
- Cost-Effective Production
Weaknesses
- Dependence on Materials Processing Sector
- Exposure to Cyclical Industries
- Geopolitical Risks (especially sales in China and Russia)
- Fluctuations in Foreign Exchange Rates
Opportunities
- Expanding Applications in Medical and Communications
- Growing Demand for Automation
- New Product Development (e.g., Ultrafast Lasers)
- Penetration into Emerging Markets
- Government Initiatives Promoting Manufacturing
Threats
- Increased Competition from Chinese Manufacturers
- Economic Downturns Affecting Capital Spending
- Technological Disruption by Alternative Laser Technologies
- Trade Wars and Tariffs
- Supply Chain Disruptions
Competitors and Market Share
Key Competitors
- COHR
- TRUMF
- nLight (LASR)
Competitive Landscape
IPG has a cost advantage due to its vertically integrated model. Coherent and Trumpf offer a broader range of laser technologies. nLight focuses on diode lasers and amplifiers.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: IPG experienced significant growth in the early 2000s driven by adoption of fiber lasers in industrial applications. Growth has slowed in recent years due to increased competition and economic headwinds.
Future Projections: Analysts project moderate revenue growth in the coming years, driven by recovery in key end markets and new product introductions. Profitability is expected to improve as IPG streamlines its operations.
Recent Initiatives: Focus on diversification into new applications (e.g., medical), expanding product portfolio (e.g., ultrafast lasers), and optimizing manufacturing processes.
Summary
IPG Photonics is the market leader in fiber lasers but faces increasing competition and cyclical demand. Its technological leadership and vertical integration are strengths, but it needs to diversify its end markets. Geopolitical risks and economic downturns pose significant threats. A focus on innovation and operational efficiency will be crucial for future growth.
Similar Companies
COHR
Coherent Inc
COHR
Coherent Inc
IIIV
i3 Verticals Inc
IIIV
i3 Verticals Inc
LASR
nLIGHT Inc
LASR
nLIGHT Inc
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It does not constitute financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About IPG Photonics Corporation
Exchange NASDAQ | Headquaters Marlborough, MA, United States | ||
IPO Launch date 2006-12-13 | CEO & Director Dr. Mark Milton Gitin Ph.D. | ||
Sector Technology | Industry Semiconductor Equipment & Materials | Full time employees 4740 | Website https://www.ipgphotonics.com |
Full time employees 4740 | Website https://www.ipgphotonics.com | ||
IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in materials processing, medical, and advanced applications worldwide. 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 chillers. In addition, the company offers integrated laser systems comprising LightWELD, a handheld laser welding system; 2D compact flat sheet cutter systems and multi-axis systems for fine welding, cutting, and drilling; high precision laser systems for medical technology industry; welding seam stepper and picker, a fiber laser welding tool; laser and non-laser robotic welding and automation solutions; and specialized fiber laser systems for material processing 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.
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