LightPath Technologies (NASDAQ:LPTH) Shares Gap Up Following Analyst Upgrade

Shares of LightPath Technologies, Inc. (NASDAQ:LPTH) gapped up before the market opened on Thursday after HC Wainwright raised their price target on the stock from $10.00 to $15.00. The stock had previously closed at $10.27, but opened at $10.79. HC Wainwright currently has a buy rating on the stock. LightPath Technologies shares last traded at $12.0610, with a volume of 2,813,154 shares.

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

Insider Buying and Selling at LightPath Technologies

In other LightPath Technologies news, Director Run Strategic Opportunit North sold 770,321 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $11.72, for a total transaction of $9,028,162.12. Following the sale, the director directly owned 2,728,968 shares of the company’s stock, valued at $31,983,504.96. This trade represents a 22.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 24.80% of the stock is currently owned by insiders.

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

Institutional Investors Weigh In On LightPath Technologies

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in LightPath Technologies by 3.8% during the 3rd quarter. Vanguard Group Inc. now owns 1,967,566 shares of the technology company’s stock valued at $15,603,000 after acquiring an additional 72,208 shares during the period. Portolan Capital Management LLC bought a new stake in LightPath Technologies during the 3rd quarter valued at $12,939,000. Goldman Sachs Group Inc. raised its holdings in LightPath Technologies by 14.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,449,642 shares of the technology company’s stock worth $15,656,000 after purchasing an additional 181,538 shares in the last quarter. Tudor Investment Corp ET AL acquired a new stake in LightPath Technologies in the third quarter valued at approximately $8,445,000. Finally, AIGH Capital Management LLC increased its position in shares of LightPath Technologies by 14.5% during the fourth quarter. AIGH Capital Management LLC now owns 1,030,738 shares of the technology company’s stock worth $11,132,000 after purchasing an additional 130,738 shares in the last quarter. Institutional investors own 56.29% of the company’s stock.

LightPath Technologies Stock Performance

The company has a debt-to-equity ratio of 0.24, a current ratio of 1.98 and a quick ratio of 1.26. The firm has a market cap of $568.21 million, a price-to-earnings ratio of -24.00 and a beta of 0.97. The firm has a fifty day simple moving average of $10.55 and a two-hundred day simple moving average of $7.85.

About LightPath Technologies

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.