LightPath Technologies (NASDAQ:LPTH) Given New $15.00 Price Target at HC Wainwright

LightPath Technologies (NASDAQ:LPTH) had its price objective increased by HC Wainwright from $10.00 to $15.00 in a report issued on Thursday,Benzinga reports. They currently have a buy rating on the technology company’s stock.

Several other research analysts have also recently commented on the company. LADENBURG THALM/SH SH raised LightPath Technologies to a “strong-buy” rating in a research report on Thursday, December 18th. Lake Street Capital raised their target price on shares of LightPath Technologies from $10.00 to $14.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Wall Street Zen lowered shares of LightPath Technologies from a “hold” rating to a “sell” rating in a report on Saturday, January 31st. Weiss Ratings reissued a “sell (d-)” rating on shares of LightPath Technologies in a research report on Thursday, January 22nd. Finally, Canaccord Genuity Group began coverage on shares of LightPath Technologies in a research report on Thursday, January 29th. They set a “buy” rating and a $15.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, LightPath Technologies currently has an average rating of “Moderate Buy” and an average target price of $12.10.

LightPath Technologies Price Performance

Shares of LightPath Technologies stock opened at $12.48 on Thursday. The stock has a market capitalization of $568.21 million, a price-to-earnings ratio of -24.00 and a beta of 0.97. LightPath Technologies has a 1-year low of $1.61 and a 1-year high of $15.24. The company has a current ratio of 1.98, a quick ratio of 1.26 and a debt-to-equity ratio of 0.24. The firm has a fifty day simple moving average of $10.55 and a 200-day simple moving average of $7.85.

Insider Activity

In other news, Director Run Strategic Opportunit North sold 770,321 shares of LightPath Technologies stock in a transaction on Monday, January 5th. The shares were sold at an average price of $11.72, for a total transaction of $9,028,162.12. Following the transaction, the director owned 2,728,968 shares in the company, valued at approximately $31,983,504.96. The trade was a 22.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 24.80% of the company’s stock.

Institutional Investors Weigh In On LightPath Technologies

Large investors have recently modified their holdings of the company. Jane Street Group LLC grew its position in shares of LightPath Technologies by 92.1% during the 1st quarter. Jane Street Group LLC now owns 60,612 shares of the technology company’s stock worth $122,000 after buying an additional 29,054 shares during the period. Thompson Davis & CO. Inc. acquired a new stake in shares of LightPath Technologies in the 2nd quarter valued at about $137,000. J.W. Cole Advisors Inc. bought a new stake in LightPath Technologies in the 2nd quarter valued at about $79,000. Marathon Capital Management acquired a new position in LightPath Technologies during the 2nd quarter worth approximately $54,000. Finally, Mink Brook Asset Management LLC bought a new position in LightPath Technologies in the second quarter worth approximately $246,000. 56.29% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting LightPath Technologies

Here are the key news stories impacting LightPath Technologies this week:

• Positive Sentiment: HC Wainwright raised its price target to $15 and reiterated a “Buy” rating, providing an analyst catalyst and upside for the stock. HC Wainwright Raises Price Target
• Positive Sentiment: Company highlighted record revenue and a roughly $100 million backlog and said it is targeting rapid scaling over the next three years — this growth outlook supports higher revenue expectations. LightPath Targets Rapid Scaling
• Positive Sentiment: Quarterly revenue of $16.35M topped analyst estimates (~$14.96M) and management emphasized a “record revenue surge” on the earnings call. Revenue strength is the primary near-term bullish driver. Q2 Earnings Highlights
• Neutral Sentiment: Earnings call and full transcripts are available for investors who want detail on guidance, backlog conversion timelines and capital plans. MSN Earnings Call Transcript
• Neutral Sentiment: Company press release with full Q2 financials and management commentary provides primary source detail for modeling revenue ramp and capex. PR Newswire Release
• Negative Sentiment: LightPath remains unprofitable on a GAAP basis and reported a quarterly loss; outlets show mixed EPS comparisons (some beat, some miss), and the company still has negative net margins and negative return on equity — financials that keep valuation risk and mean profitability must improve to justify higher multiples. Zacks: Reports Q2 Loss, Tops Revenue Estimates
• Negative Sentiment: Another report shows an EPS miss versus consensus and highlights continued negative margins and ROE, which could pressure sentiment if scaling and margin improvement timelines slip. MarketBeat: Earnings Details

LightPath Technologies Company Profile

LightPath Technologies, Inc designs, manufactures and distributes precision optical components and assemblies for a variety of commercial, industrial, defense and scientific applications. The company’s portfolio includes molded glass aspheric lenses, precision glass optics, infrared lenses and assemblies, diamond-turned optics and molded polymer optics. These components are engineered to support imaging, illumination, laser delivery, detection and sensing systems across visible, ultraviolet and infrared wavelengths.

Among its core offerings, LightPath develops infrared optical solutions using materials such as germanium, zinc selenide and chalcogenide glasses for thermal imaging, night-vision devices and spectroscopy.