LightPath Technologies (NASDAQ:LPTH) Raised to “Hold” at Wall Street Zen

LightPath Technologies (NASDAQ:LPTH) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday, Wall Street Zen reports.

LPTH has been the topic of a number of other research reports. Canaccord Genuity Group dropped their price target 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. Piper Sandler began 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. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of LightPath Technologies in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $14.10.

LightPath Technologies Price Performance

LPTH opened at $9.20 on Friday. The firm has a market cap of $577.67 million, a P/E ratio of -23.00 and a beta of 1.39. The firm has a 50-day moving average of $11.79 and a 200 day moving average of $12.72. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.24 and a current ratio of 3.86. LightPath Technologies has a fifty-two week low of $5.28 and a fifty-two week high of $18.94.

Institutional Trading of LightPath Technologies

A number of institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC boosted its position in shares of LightPath Technologies by 6.0% in the first quarter. SG Americas Securities LLC now owns 57,684 shares of the technology company’s stock valued at $579,000 after acquiring an additional 3,276 shares during the period. TD Waterhouse Canada Inc. bought a new stake in LightPath Technologies during the 2nd quarter worth approximately $71,000. Jefferies Financial Group Inc. lifted its stake in LightPath Technologies by 45.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 16,623 shares of the technology company’s stock worth $180,000 after purchasing an additional 5,223 shares in the last quarter. OMERS ADMINISTRATION Corp lifted its stake in LightPath Technologies by 41.3% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 28,400 shares of the technology company’s stock worth $307,000 after purchasing an additional 8,300 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in LightPath Technologies by 707.2% in the 1st quarter. Royal Bank of Canada now owns 9,565 shares of the technology company’s stock valued at $96,000 after purchasing an additional 8,380 shares during the period. Hedge funds and other institutional investors own 56.29% of the company’s stock.

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

About LightPath Technologies

LightPath Technologies, Inc is a photonics company that designs, manufactures, and supplies optical components and systems for use in defense, aerospace, industrial, telecommunications, medical, and other technology applications. The company focuses on infrared and visible-spectrum optical solutions, serving customers that require precision imaging, sensing, and laser-related technologies.

Its products and services include precision-molded glass aspheric lenses, infrared optics, optical assemblies, imaging systems, and custom-engineered photonics solutions.