Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
LPTH logo LPTH
Upturn stock ratingUpturn stock rating
LPTH logo

LightPath Technologies Inc (LPTH)

Upturn stock ratingUpturn stock rating
$5.35
Last Close (24-hour delay)
Profit since last BUY45.38%
upturn advisory
Strong Buy
BUY since 17 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/29/2025: LPTH (4-star) is a STRONG-BUY. BUY since 17 days. Profits (45.38%). Updated daily EoD!

Upturn Star Rating

rating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Number of Analysts

rating

5 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $5.1

1 Year Target Price $5.1

Analysts Price Target For last 52 week
$5.1 Target price
52w Low $1.04
Current$5.35
52w High $5.47

Analysis of Past Performance

Type Stock
Historic Profit 75.65%
Avg. Invested days 32
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 4.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/29/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 233.37M USD
Price to earnings Ratio -
1Y Target Price 5.1
Price to earnings Ratio -
1Y Target Price 5.1
Volume (30-day avg) 5
Beta 0.83
52 Weeks Range 1.04 - 5.47
Updated Date 08/30/2025
52 Weeks Range 1.04 - 5.47
Updated Date 08/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.25

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -30.25%
Operating Margin (TTM) -36.23%

Management Effectiveness

Return on Assets (TTM) -8.77%
Return on Equity (TTM) -24.86%

Valuation

Trailing PE -
Forward PE 217.39
Enterprise Value 237361498
Price to Sales(TTM) 6.94
Enterprise Value 237361498
Price to Sales(TTM) 6.94
Enterprise Value to Revenue 7.06
Enterprise Value to EBITDA 133.45
Shares Outstanding 42898900
Shares Floating 36113182
Shares Outstanding 42898900
Shares Floating 36113182
Percent Insiders 2.94
Percent Institutions 37.76

ai summary icon Upturn AI SWOT

LightPath Technologies Inc

stock logo

Company Overview

overview logo History and Background

LightPath Technologies, Inc. was founded in 1985. It has evolved from initially focusing on graded index lenses to expanding into infrared optics and specialty fiber products. It has grown through product development and strategic acquisitions.

business area logo Core Business Areas

  • Infrared Optics: Designs, develops, manufactures, and sells infrared optics and sub-assemblies for thermal imaging, laser systems, and other applications.
  • Precision Molded Optics: Manufactures precision molded glass aspheric lenses and optical elements used in various industries, including telecommunications, medical, and industrial applications.
  • Specialty Fiber Optics: Offers specialty fiber products including fibers for use in optical sensing and medical applications.

leadership logo Leadership and Structure

The leadership team includes Sam Rubin, Chief Executive Officer. The company has a functional organizational structure with departments for sales, marketing, engineering, and manufacturing.

Top Products and Market Share

overview logo Key Offerings

  • Black Diamond IR Lenses: Infrared lenses used in thermal imaging cameras and systems. LightPath has a competitive position. Competitors include Ophir Optronics and Edmund Optics. Market share is not readily available, but it's a key revenue driver.
  • Aspheric Lenses: Precision molded lenses used in optical instruments and devices. Competitors include Asphericon and Optimax Systems. Market share data is not publicly available.
  • GRADIUM Lenses: GRADIUM (GRAdient INdex) lenses are a technology that is no longer emphasized by the company. Competitors include RPC Photonics. Lightpath market share is small.

Market Dynamics

industry overview logo Industry Overview

The optics and photonics industry is experiencing growth driven by increasing demand for advanced imaging, sensing, and laser technologies across various sectors. This includes growing demand for infrared, and precision-molded lenses.

Positioning

LightPath Technologies is a niche player focusing on specialized optics and infrared lens. Their competitive advantage lies in their vertically integrated capabilities and their ability to provide customized optical solutions.

Total Addressable Market (TAM)

The total addressable market for infrared optics is estimated to be several billion dollars. LightPath's market share represents a small, but targeted portion of this overall TAM.

Upturn SWOT Analysis

Strengths

  • Vertically integrated manufacturing
  • Specialized expertise in infrared optics
  • Custom optical solutions
  • Strong customer relationships

Weaknesses

  • Smaller scale compared to larger competitors
  • Limited financial resources
  • Dependence on specific industries and applications
  • Volatile profitability

Opportunities

  • Expanding into new geographic markets
  • Developing new optical technologies
  • Acquiring complementary businesses
  • Capitalizing on growth in thermal imaging and laser systems

Threats

  • Competition from larger, more established players
  • Technological obsolescence
  • Economic downturns impacting demand
  • Supply chain disruptions

Competitors and Market Share

competitor logo Key Competitors

  • II-VI (COHR)
  • Edmund Optics (Private)
  • Ophir Optronics (Private)

Competitive Landscape

LightPath Technologies is a smaller player competing with larger, more established companies. The company's advantage lies in its ability to provide specialized optics and infrared lens that are manufactured to meet demanding customer requirements.

Major Acquisitions

ISP Optics Corporation

  • Year: 2016
  • Acquisition Price (USD millions): 18
  • Strategic Rationale: Expanded infrared optics capabilities and market presence.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been uneven, with periods of rapid expansion followed by periods of slower growth or decline.

Future Projections: Analyst estimates for future growth vary, depending on the company's ability to execute its strategic plan and capitalize on market opportunities.

Recent Initiatives: Recent initiatives include expanding into new markets and developing new optical technologies, such as infrared lenses for automotive applications.

Summary

LightPath is a smaller company with specialized optics but struggles with profitability and competition. They have potential in the growing infrared market. Key success factors include expanding into new markets and managing operational costs. Lightpath needs to improve its cashflow situation. Strong relationships with customers requiring specialised optical products help support the business.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Market Research Reports
  • Industry Analysis

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. The data provided is based on publicly available information and may not be entirely accurate or complete. Market share estimates are approximate.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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 304
Full time employees 304

LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. It offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics. The company's products are used in defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, 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.