HC Wainwright Issues Optimistic Estimate for LPTH Earnings

LightPath Technologies, Inc. (NASDAQ:LPTH) – Analysts at HC Wainwright boosted their Q4 2026 EPS estimates for shares of LightPath Technologies in a research note issued to investors on Wednesday, February 11th. HC Wainwright analyst S. Buck now expects that the technology company will post earnings of $0.00 per share for the quarter, up from their prior forecast of ($0.01). HC Wainwright has a “Buy” rating and a $15.00 price objective on the stock. The consensus estimate for LightPath Technologies’ current full-year earnings is ($0.18) per share.

Several other brokerages also recently weighed in on LPTH. LADENBURG THALM/SH SH upgraded LightPath Technologies to a “strong-buy” rating in a research note on Thursday, December 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of LightPath Technologies in a research report on Thursday, January 22nd. Lake Street Capital boosted their target price on shares of LightPath Technologies from $10.00 to $14.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Wall Street Zen upgraded shares of LightPath Technologies from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Canaccord Genuity Group initiated coverage on shares of LightPath Technologies in a research report on Thursday, January 29th. They issued 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 given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $12.10.

LightPath Technologies Trading Down 7.7%

Shares of NASDAQ:LPTH opened at $11.52 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.26 and a current ratio of 3.97. The stock’s 50-day moving average is $10.60 and its 200-day moving average is $7.91. The company has a market cap of $664.82 million, a P/E ratio of -22.15 and a beta of 0.97. LightPath Technologies has a 52-week low of $1.61 and a 52-week high of $15.24.

Institutional Trading of LightPath Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Lake Street Private Wealth LLC bought a new position in LightPath Technologies during the fourth quarter worth about $108,000. Occudo Quantitative Strategies LP bought a new position in shares of LightPath Technologies during the 3rd quarter worth approximately $82,000. Hudson Bay Capital Management LP acquired a new stake in LightPath Technologies in the 3rd quarter valued at $84,000. Wexford Capital LP bought a new stake in LightPath Technologies in the third quarter valued at $88,000. Finally, Jefferies Financial Group Inc. bought a new stake in LightPath Technologies in the third quarter valued at $90,000. Institutional investors own 56.29% of the company’s stock.

Insider Activity

In other news, Director Run Strategic Opportunit North sold 770,321 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the director directly owned 2,728,968 shares of the company’s stock, valued at approximately $31,983,504.96. This trade represents a 22.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 24.80% of the company’s stock.

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.