LightPath Technologies (NASDAQ:LPTH) Upgraded by Wall Street Zen to Hold Rating

Wall Street Zen upgraded shares of LightPath Technologies (NASDAQ:LPTH) from a sell rating to a hold rating in a research report report published on Saturday,Wall Street Zen reports.

Several other equities analysts have also recently issued reports on the company. Piper Sandler initiated coverage on LightPath Technologies in a report on Wednesday, August 12th. They issued an “overweight” rating and a $15.00 price objective for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of LightPath Technologies in a report on Friday, July 17th. Finally, Canaccord Genuity Group lowered their price objective on LightPath Technologies from $16.50 to $15.50 and set a “buy” rating on the stock in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $14.10.

LightPath Technologies Price Performance

NASDAQ LPTH opened at $9.20 on Friday. The company has a market cap of $577.67 million, a price-to-earnings ratio of -23.00 and a beta of 1.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.86 and a quick ratio of 3.24. The stock’s fifty day moving average price is $11.79 and its 200 day moving average price is $12.71. LightPath Technologies has a 1 year low of $5.28 and a 1 year high of $18.94.

Institutional Investors Weigh In On LightPath Technologies

A number of large investors have recently made changes to their positions in LPTH. Tidal Investments LLC lifted its holdings in LightPath Technologies by 10,315.1% in the second quarter. Tidal Investments LLC now owns 1,952,629 shares of the technology company’s stock valued at $31,925,000 after acquiring an additional 1,933,881 shares during the last quarter. WINTON GROUP Ltd acquired a new stake in shares of LightPath Technologies during the 2nd quarter worth about $835,000. RFG Advisory LLC acquired a new stake in shares of LightPath Technologies during the 2nd quarter worth about $5,879,000. California State Teachers Retirement System purchased a new stake in LightPath Technologies in the 2nd quarter valued at about $204,000. Finally, FirstWave Capital Management LLC acquired a new position in LightPath Technologies in the second quarter valued at about $1,700,000. 56.29% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting LightPath Technologies

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

• Positive Sentiment: Fiscal fourth-quarter revenue increased 73.8% year over year to $21.2 million, while full-year revenue nearly doubled to $71.7 million. Gross profit rose 207% in the quarter, and adjusted EBITDA improved to $2.1 million from a $2.0 million loss, indicating better operating leverage. LightPath Technologies fiscal 2026 results
• Positive Sentiment: The company reported a $110.9 million backlog and expects continued demand from defense, infrared imaging, missile-defense and space applications. Management is scaling its vertically integrated platform to address that backlog. LightPath Technologies backlog and revenue growth
• Neutral Sentiment: Management indicated fiscal 2027 capital expenditures will exceed fiscal 2026’s $6.3 million, reflecting investment to expand production capacity but potentially increasing near-term cash needs. LightPath fiscal 2027 capital expenditure outlook
• Negative Sentiment: Reported profitability remains weak. One earnings report showed a fourth-quarter loss of $0.06 per share versus a $0.01 consensus estimate, although another source reported a $0.02 loss in line with expectations. Full-year net loss widened to $20.5 million, and operating expenses rose substantially, partly because of acquisition earnout fair-value adjustments. LightPath Technologies fourth-quarter loss

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.