LPTH · NASDAQ
Average $16.12 (+113.7% upside)
The latest rating actions, newest first
| Firm | Date | Action | Rating |
|---|---|---|---|
| Canaccord Genuity | Sep 1, 2026 | Maintains | Buy |
| Piper Sandler | Aug 12, 2026 | Initiates | Overweight |
| Canaccord Genuity | Jul 27, 2026 | Maintains | Buy |
| Canaccord Genuity | May 11, 2026 | Maintains | Buy |
| HC Wainwright & Co. | Feb 12, 2026 | Maintains | Buy |
| Lake Street | Jan 6, 2026 | Maintains | Buy |
| Ladenburg Thalmann | Nov 12, 2025 | Maintains | Buy |
| Lake Street | Nov 12, 2025 | Maintains | Buy |
| HC Wainwright & Co. | Nov 12, 2025 | Maintains | Buy |
Updated May 5, 2026
LightPath Technologies is well-positioned for continued success, evidenced by their strong backlog of over $100 million and increasing demand in the defense and security market. The company's BlackDiamond solution, which competes with traditional Germanium materials, is gaining traction and driving revenue growth. The recent capital raise and strengthened balance sheet also provide opportunities for growth through potential M&A or organic expansion.
LightPath Technologies is currently trading at a premium to its peers in the optical components and systems industry, but with its current backlog and opportunities, the company may warrant this premium. However, risks such as declining product pricing, dilution risk, and customer concentration may hinder the company's performance in the future. Despite this, better than expected F1Q26 results and increased revenue projections for FY26 and FY27 may lead to positive adj. EBITDA and a potential increase in share price in the future.
Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.
