Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
LPTH 
LightPath Technologies Inc (LPTH)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
10/30/2025: LPTH (5-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Number of Analysts
5 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $8.12
1 Year Target Price $8.12
| 4 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 141.31% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 372.50M USD | Price to earnings Ratio - | 1Y Target Price 8.12 |
Price to earnings Ratio - | 1Y Target Price 8.12 | ||
Volume (30-day avg) 5 | Beta 1.18 | 52 Weeks Range 1.40 - 10.69 | Updated Date 10/30/2025 |
52 Weeks Range 1.40 - 10.69 | Updated Date 10/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.36 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-11-06 | When - | Estimate -0.0367 | Actual - |
Profitability
Profit Margin -39.98% | Operating Margin (TTM) -16.05% |
Management Effectiveness
Return on Assets (TTM) -8.74% | Return on Equity (TTM) -37.15% |
Valuation
Trailing PE - | Forward PE 217.39 | Enterprise Value 375264354 | Price to Sales(TTM) 10.01 |
Enterprise Value 375264354 | Price to Sales(TTM) 10.01 | ||
Enterprise Value to Revenue 10.09 | Enterprise Value to EBITDA 133.45 | Shares Outstanding 44670213 | Shares Floating 40384553 |
Shares Outstanding 44670213 | Shares Floating 40384553 | ||
Percent Insiders 2.82 | Percent Institutions 41.19 |
Upturn AI SWOT
LightPath Technologies Inc
Company Overview
History and Background
LightPath Technologies Inc. was founded in 1985. Originally focused on gradient refractive index (GRIN) lenses, it has evolved into a vertically integrated manufacturer of optics and photonics solutions for various industries.
Core Business Areas
- Infrared (IR) Optics: Designs, manufactures, and distributes infrared lenses, optical assemblies, and sub-systems used in thermal imaging, defense, and industrial applications.
- Visible and Telecom Optics: Produces visible and telecom optics, including aspheric lenses, collimators, and other components for use in networking, medical, and industrial markets.
Leadership and Structure
The leadership team includes Sam Rubin (President and CEO). The company operates with a functional organizational structure, separating its manufacturing, engineering, and sales departments into specialized teams.
Top Products and Market Share
Key Offerings
- Black Diamond IR Lenses: High-performance chalcogenide IR lenses used in thermal imaging cameras. While exact market share data is difficult to ascertain, LightPath competes with Umicore and OptoSigma in the IR optics market. No specific revenue data is available for just this product.
- Aspheric Lenses: Used in telecom and industrial applications. Competitors include Edmund Optics and Thorlabs. No specific revenue data is available for just this product.
Market Dynamics
Industry Overview
The optics and photonics industry is driven by advancements in technology and increasing demand from sectors such as telecommunications, defense, medical, and industrial manufacturing. It's characterized by high R&D spending and rapid innovation.
Positioning
LightPath is a vertically integrated player focusing on both IR and visible/telecom optics. Its competitive advantage lies in its ability to design, manufacture, and distribute its products directly, offering potential cost advantages and faster turnaround times.
Total Addressable Market (TAM)
The global photonics market is estimated to be worth hundreds of billions of dollars. LightPath, with its specialized optics solutions, targets specific segments within this larger market. The company is focused on capturing a larger portion of its targetable segments within the broader photonics market.
Upturn SWOT Analysis
Strengths
- Vertically integrated manufacturing
- Proprietary optical designs
- Diverse product portfolio (IR and Visible/Telecom)
- Experienced management team
Weaknesses
- Smaller scale compared to major competitors
- Dependence on specific industries and customers
- Limited marketing resources
Opportunities
- Increasing demand for thermal imaging in security and automation
- Growth in optical networking and data centers
- Expansion into new geographic markets
- Development of new optical technologies
Threats
- Intense competition from larger players
- Economic downturns affecting key customer industries
- Technological obsolescence
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- Edmund Optics (Private)
- Thorlabs (Private)
- Umicore (UMI.BR)
- II-VI Incorporated (COHR)
Competitive Landscape
LightPath's advantages lie in its vertically integrated operations and specialized lens designs. Disadvantages include its smaller scale and potentially limited market reach compared to larger competitors such as Edmund Optics, Thorlabs, Umicore and II-VI Incorporated. Lightpath has a strong focus in the infrared lens market which could give it an edge over some competitiors.
Growth Trajectory and Initiatives
Historical Growth: LightPath's growth has been influenced by the demand for its products in various sectors, particularly defense and telecom. The company's historical growth rate is available in the company's financial reports.
Future Projections: Analyst estimates are needed to provide concrete projections for LightPath's future growth. These projections are usually based on company guidance and market trends.
Recent Initiatives: Specific, recent initiatives (e.g., new product launches, partnerships, acquisitions) are not specified in the instructions. Further research would have to be done outside of the prompt.
Summary
LightPath Technologies shows promise with its vertically integrated model and specialized IR optics. However, its smaller scale compared to competitors and a lack of profitability pose challenges. Focus on expanding market share and improving cost structure will be crucial for sustained growth and long-term success. Market conditions and competitive pressure in photonics and optics should always be monitored.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Market Research Reports
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a financial professional. Market share and financial data are estimates and may vary. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About LightPath Technologies Inc
Exchange NASDAQ | Headquaters Orlando, FL, United States | ||
IPO Launch date 1996-02-22 | President, CEO & Director Mr. Shmuel Rubin | ||
Sector Technology | Industry Electronic Components | Full time employees 345 | Website https://www.lightpath.com |
Full time employees 345 | Website https://www.lightpath.com | ||
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical systems and assemblies in the United States. It offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, spherical lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics. The company also offers cooled and uncooled camera systems and modules for long range surveillance and detection, and engineering services. The company's products are used in defense products, border security, perimeter security, night vision systems, medical devices, laser aided industrial tools, automotive safety applications, telecommunications, machine vision and sensors, and other sectors. It sells its products directly to customers in Europe and Asia. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.