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Upturn AI Summary - About
LightPath Technologies Inc(LPTH)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for LPTH
10/19/2026: LPTH (1-star) is currently NOT-A-BUY. Pass it for now.
LightPath Technologies is a specialized optical component manufacturer that produces proprietary glass lenses and infrared assemblies for industrial, defense, and sensor markets. The company’s core strength lies in its vertical integration and ability to produce high-precision molded optics, which serve as a competitive edge in niche markets. Its growth story is centered on the rising demand for thermal imaging and sensing technologies. Investors face risks related to financial inconsistency, low liquidity, and intense competition from larger industry players. The stock may suit growth-oriented investors looking for exposure to sensor trends, but it is best monitored for consistent profitability and successful project execution before considering it a core holding.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company operates in growth-oriented sectors like infrared and sensors but requires more consistent earnings growth to be a strong fit. |
| Momentum investor | Mixed fit | The stock can exhibit momentum during industry upturns, but it is best monitored for breakout signals before engagement. |
| Value investor | Weak fit | Valuation is often tied to future speculative growth rather than current deep-value fundamentals. |
| Dividend investor | Weak fit | The company does not pay a dividend, making it unsuitable for income-focused portfolios. |
| Low-risk investor | Weak fit | The stock carries high price volatility and operational risks typical of small-cap manufacturing companies. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is subject to significant price swings due to its small market capitalization and sensitive industry exposure. |
| Valuation risk | Medium / high | Valuation is sensitive to analyst expectations for growth in thermal imaging and fiber optics. |
| Competition risk (Optical components) | High | Competition from larger, better-funded incumbents and low-cost manufacturers impacts pricing power. |
| Business quality | Medium | While the technology is specialized and defensible, recurring profitability has been inconsistent. |
| Dividend income | Low / none | Investors receive no current income from holding this stock. |
| Execution risk | Medium / high | Success depends on the effective scaling of advanced manufacturing processes and maintaining high yields. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit 56.11% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/19/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 536.48M USD | Price to earnings Ratio - | 1Y Target Price 15.8 |
Price to earnings Ratio - | 1Y Target Price 15.8 | ||
Volume (30-day avg) 3.0M shares | Beta 1.38 | 52 Weeks Range 5.83 - 18.94 | Updated Date 10/18/2026 |
52 Weeks Range 5.83 - 18.94 | Updated Date 10/18/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.38 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Precision Molded Optics | Visible and infrared glass lenses and assemblies. | The company sells specialized, high-precision lenses used in everything from cameras to laser equipment. |
| Infrared Imaging | Thermal imaging lens assemblies and specialized optical materials. | Revenue is driven by demand for thermal sensing products in industrial and defense markets. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 217.39 | Enterprise Value 628.59M | Price to Sales(TTM) 7.48 |
Enterprise Value 628.59M | Price to Sales(TTM) 7.48 | ||
Enterprise Value to Revenue 8.76 | Enterprise Value to EBITDA 1112.54 | Shares Outstanding 70.04M | Shares Floating 69.29M |
Shares Outstanding 70.04M | Shares Floating 69.29M | ||
Percent Insiders 1.08 | Percent Institutions 79.92 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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