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IPG Photonics share price today

IPG Photonics Corporation · IPGP · Technology · Semiconductor Equipment & Materials · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

IPG Photonics share price: $70.11 at the close on 4 November 2026, −20.3% in a year.

Getting worseBusiness trend from the last 12 quarters
$70.11Price −20.3% in a year
74.6×P/E over 4.6 years
$279 MRevenue (Jun 2026) +11.1% on a year ago
$5.2 MProfit (Jun 2026) −20.6% on a year ago
5.9%Operating margin +4.6 points on a year ago
2%ROE FY25
3.5%ROIC against a 9.5% cost of capital: −6.0 points

IPG Photonics Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

The price has been moving sideways for 16 weeks. Over the last four quarters, results have been improving, with profit −20.6% on a year earlier, and 162% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.

What is the IPG Photonics share price today?

IPG Photonics Corporation's share price was $70.11 at the close on 4 November 2026. It has been moving sideways for 16 weeks. That is 30.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $70 and $154, and at that close it was at the low of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today IPG Photonics Corporation is in stage 1. The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 27 weeks running.

1Y

Nov 2026: $70.11, 30.7% below its 200-day average. The price has been moving sideways for 16 weeks.

  • Price $70.11
  • 50-day avg $76.42
  • 200-day avg $101.14
Nov 2026: $70.11, 30.7% below its 200-day average. The price has been moving sideways for 16 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025$85.12$83.26$71.00
7 Nov 2025$87.94$83.68$71.29
14 Nov 2025$79.69$83.88$71.58
21 Nov 2025$74.96$83.21$71.67
28 Nov 2025$79.64$82.94$71.92
5 Dec 2025$81.92$83.04$72.36
12 Dec 2025$77.12$83.28$72.90
19 Dec 2025$75.86$82.24$73.29
26 Dec 2025$75.18$81.56$73.57
2 Jan 2026$74.84$80.48$73.77
9 Jan 2026$76.14$79.52$74.05
16 Jan 2026$81.75$78.85$74.39
23 Jan 2026$86.44$78.53$74.96
30 Jan 2026$92.41$79.47$75.90
6 Feb 2026$109.61$82.00$77.10
13 Feb 2026$153.91$86.81$78.83
20 Feb 2026$133.62$90.97$80.28
27 Feb 2026$131.57$96.15$82.12
6 Mar 2026$120.70$101.46$83.70
13 Mar 2026$110.95$105.64$84.95
20 Mar 2026$115.36$109.75$86.20
27 Mar 2026$115.70$114.23$87.52
2 Apr 2026$113.94$116.75$88.42
10 Apr 2026$127.32$119.78$89.72
17 Apr 2026$125.02$122.59$91.09
24 Apr 2026$124.55$124.20$92.38
1 May 2026$122.87$121.73$93.45
8 May 2026$104.49$118.79$94.18
15 May 2026$102.76$116.11$94.83
22 May 2026$119.00$115.93$95.86
29 May 2026$114.52$116.15$96.69
5 Jun 2026$107.37$115.72$97.66
12 Jun 2026$114.65$115.23$98.39
18 Jun 2026$118.01$115.41$99.07
26 Jun 2026$107.19$113.93$99.76
2 Jul 2026$105.27$112.98$100.38
10 Jul 2026$107.73$111.33$100.93
17 Jul 2026$104.33$110.50$101.57
24 Jul 2026$91.70$109.96$101.94
31 Jul 2026$85.06$107.75$101.94
7 Aug 2026$90.23$104.81$102.05
14 Aug 2026$85.79$101.55$102.02
21 Aug 2026$73.26$98.39$101.85
28 Aug 2026$76.53$94.30$101.51
4 Sep 2026$78.00$90.72$101.38
11 Sep 2026$79.99$88.08$101.47
18 Sep 2026$76.55$85.34$101.41
25 Sep 2026$78.12$82.51$101.31
2 Oct 2026$84.05$80.56$101.28
9 Oct 2026$78.27$80.03$101.41
16 Oct 2026$71.01$78.54$101.41
23 Oct 2026$71.07$77.09$101.31
30 Oct 2026$72.59$76.38$101.25
4 Nov 2026$70.11$76.42$101.14
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: $70.11, 30.7% below its 200-day average. The price has been moving sideways for 16 weeks.

  • Price $70.11
  • 50-day avg $76.42
  • 200-day avg $101.14
Nov 2026: $70.11, 30.7% below its 200-day average. The price has been moving sideways for 16 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023$91.93$97.45$113.30
10 Nov 2023$90.79$95.95$112.83
17 Nov 2023$95.13$94.92$112.37
24 Nov 2023$95.31$94.56$112.01
1 Dec 2023$97.27$94.22$111.45
8 Dec 2023$99.42$94.10$110.70
15 Dec 2023$108.20$94.52$110.18
22 Dec 2023$109.53$95.79$109.81
29 Dec 2023$108.54$97.04$109.66
5 Jan 2024$101.82$97.95$109.37
12 Jan 2024$99.50$99.36$108.99
19 Jan 2024$98.63$100.06$108.53
26 Jan 2024$99.20$100.89$108.09
2 Feb 2024$98.80$101.24$107.67
9 Feb 2024$102.82$101.72$107.32
16 Feb 2024$86.48$101.13$106.72
23 Feb 2024$85.58$100.07$106.09
1 Mar 2024$87.67$98.20$105.46
8 Mar 2024$90.24$96.21$104.86
15 Mar 2024$87.24$94.32$104.26
22 Mar 2024$90.00$93.03$103.73
28 Mar 2024$90.69$92.30$103.27
5 Apr 2024$86.27$91.21$102.21
12 Apr 2024$85.75$90.09$101.13
19 Apr 2024$84.27$88.64$99.87
26 Apr 2024$88.40$87.69$98.67
3 May 2024$86.76$87.59$97.42
10 May 2024$88.26$87.91$96.39
17 May 2024$88.61$88.00$95.56
24 May 2024$85.63$87.76$95.00
31 May 2024$86.73$87.52$94.62
7 Jun 2024$85.85$87.12$94.28
14 Jun 2024$84.86$86.85$93.83
21 Jun 2024$83.35$86.48$93.35
28 Jun 2024$84.39$86.18$92.86
5 Jul 2024$84.36$86.13$92.55
12 Jul 2024$89.63$86.06$92.23
19 Jul 2024$88.03$86.31$91.97
26 Jul 2024$86.59$86.17$91.73
2 Aug 2024$71.38$85.26$91.36
9 Aug 2024$66.67$83.42$90.71
16 Aug 2024$67.50$81.51$90.17
23 Aug 2024$71.05$79.89$89.70
30 Aug 2024$68.37$78.36$89.15
6 Sep 2024$62.84$76.97$88.54
13 Sep 2024$67.67$74.96$87.75
20 Sep 2024$70.25$73.35$87.08
27 Sep 2024$74.89$71.59$86.41
4 Oct 2024$74.40$70.10$85.62
11 Oct 2024$75.63$69.29$84.76
18 Oct 2024$75.59$70.03$83.95
25 Oct 2024$76.82$70.89$83.29
1 Nov 2024$82.29$72.18$82.86
8 Nov 2024$83.86$73.56$82.47
15 Nov 2024$73.45$74.70$81.92
22 Nov 2024$77.79$75.73$81.29
29 Nov 2024$78.04$76.41$80.94
6 Dec 2024$76.67$76.97$80.69
13 Dec 2024$77.63$77.50$80.51
20 Dec 2024$73.84$77.62$80.19
27 Dec 2024$73.42$77.61$79.89
3 Jan 2025$72.76$77.41$79.60
10 Jan 2025$72.20$77.21$79.28
17 Jan 2025$74.40$76.29$78.87
24 Jan 2025$74.06$75.67$78.65
31 Jan 2025$73.33$75.18$78.26
7 Feb 2025$68.91$74.79$77.91
14 Feb 2025$63.53$73.38$77.32
21 Feb 2025$63.17$72.41$76.90
28 Feb 2025$58.19$70.52$76.17
7 Mar 2025$63.04$69.14$75.47
14 Mar 2025$62.25$67.71$74.80
21 Mar 2025$64.06$66.83$74.30
28 Mar 2025$65.13$66.17$73.81
4 Apr 2025$52.12$64.53$73.14
11 Apr 2025$53.77$62.61$72.41
17 Apr 2025$53.30$61.15$71.81
25 Apr 2025$58.15$60.01$71.07
2 May 2025$63.80$59.68$70.37
9 May 2025$60.15$59.50$69.61
16 May 2025$66.49$60.00$69.11
23 May 2025$64.60$60.50$68.92
30 May 2025$66.26$60.68$68.93
6 Jun 2025$68.94$60.90$68.95
13 Jun 2025$65.91$61.28$68.89
20 Jun 2025$66.01$62.45$68.85
27 Jun 2025$68.52$63.83$68.94
3 Jul 2025$73.63$65.35$69.09
11 Jul 2025$74.15$66.92$69.18
18 Jul 2025$74.63$68.25$69.23
25 Jul 2025$78.03$69.71$69.30
1 Aug 2025$75.22$70.84$69.37
8 Aug 2025$75.26$71.74$69.35
15 Aug 2025$78.67$72.84$69.43
22 Aug 2025$82.16$73.84$69.34
29 Aug 2025$81.82$75.43$69.33
5 Sep 2025$84.27$76.59$69.41
12 Sep 2025$79.94$77.76$69.61
19 Sep 2025$81.40$78.57$69.70
26 Sep 2025$80.45$79.21$69.79
3 Oct 2025$84.66$79.74$69.84
10 Oct 2025$80.68$80.55$70.10
17 Oct 2025$84.81$81.54$70.35
24 Oct 2025$86.62$82.45$70.68
31 Oct 2025$85.12$83.26$71.00
7 Nov 2025$87.94$83.68$71.29
14 Nov 2025$79.69$83.88$71.58
21 Nov 2025$74.96$83.21$71.67
28 Nov 2025$79.64$82.94$71.92
5 Dec 2025$81.92$83.04$72.36
12 Dec 2025$77.12$83.28$72.90
19 Dec 2025$75.86$82.24$73.29
26 Dec 2025$75.18$81.56$73.57
2 Jan 2026$74.84$80.48$73.77
9 Jan 2026$76.14$79.52$74.05
16 Jan 2026$81.75$78.85$74.39
23 Jan 2026$86.44$78.53$74.96
30 Jan 2026$92.41$79.47$75.90
6 Feb 2026$109.61$82.00$77.10
13 Feb 2026$153.91$86.81$78.83
20 Feb 2026$133.62$90.97$80.28
27 Feb 2026$131.57$96.15$82.12
6 Mar 2026$120.70$101.46$83.70
13 Mar 2026$110.95$105.64$84.95
20 Mar 2026$115.36$109.75$86.20
27 Mar 2026$115.70$114.23$87.52
2 Apr 2026$113.94$116.75$88.42
10 Apr 2026$127.32$119.78$89.72
17 Apr 2026$125.02$122.59$91.09
24 Apr 2026$124.55$124.20$92.38
1 May 2026$122.87$121.73$93.45
8 May 2026$104.49$118.79$94.18
15 May 2026$102.76$116.11$94.83
22 May 2026$119.00$115.93$95.86
29 May 2026$114.52$116.15$96.69
5 Jun 2026$107.37$115.72$97.66
12 Jun 2026$114.65$115.23$98.39
18 Jun 2026$118.01$115.41$99.07
26 Jun 2026$107.19$113.93$99.76
2 Jul 2026$105.27$112.98$100.38
10 Jul 2026$107.73$111.33$100.93
17 Jul 2026$104.33$110.50$101.57
24 Jul 2026$91.70$109.96$101.94
31 Jul 2026$85.06$107.75$101.94
7 Aug 2026$90.23$104.81$102.05
14 Aug 2026$85.79$101.55$102.02
21 Aug 2026$73.26$98.39$101.85
28 Aug 2026$76.53$94.30$101.51
4 Sep 2026$78.00$90.72$101.38
11 Sep 2026$79.99$88.08$101.47
18 Sep 2026$76.55$85.34$101.41
25 Sep 2026$78.12$82.51$101.31
2 Oct 2026$84.05$80.56$101.28
9 Oct 2026$78.27$80.03$101.41
16 Oct 2026$71.01$78.54$101.41
23 Oct 2026$71.07$77.09$101.31
30 Oct 2026$72.59$76.38$101.25
4 Nov 2026$70.11$76.42$101.14
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: $70.11, 30.7% below its 200-day average. The price has been moving sideways for 16 weeks.

  • Price $70.11
  • 50-day avg $76.42
  • 200-day avg $101.14
Nov 2026: $70.11, 30.7% below its 200-day average. The price has been moving sideways for 16 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021$159.01$164.74$200.57
12 Nov 2021$170.08$164.61$197.02
26 Nov 2021$157.77$163.25$193.76
10 Dec 2021$166.93$164.18$190.33
23 Dec 2021$168.90$165.98$188.32
7 Jan 2022$162.61$167.72$186.32
21 Jan 2022$147.15$166.07$183.77
4 Feb 2022$149.95$162.25$179.94
18 Feb 2022$136.81$158.51$176.46
4 Mar 2022$105.20$151.20$173.45
18 Mar 2022$119.00$139.46$168.79
1 Apr 2022$109.88$130.05$164.20
14 Apr 2022$97.29$121.71$159.41
29 Apr 2022$94.48$111.29$153.81
13 May 2022$98.40$105.30$148.38
27 May 2022$102.50$102.87$144.05
10 Jun 2022$97.28$100.48$141.09
24 Jun 2022$98.98$98.35$137.49
8 Jul 2022$93.37$97.59$134.07
22 Jul 2022$100.26$96.82$130.90
5 Aug 2022$101.84$97.86$128.06
19 Aug 2022$99.40$97.76$125.04
2 Sep 2022$89.45$97.79$121.20
16 Sep 2022$88.05$96.94$117.83
30 Sep 2022$84.35$95.13$113.80
14 Oct 2022$84.31$91.92$109.74
28 Oct 2022$87.36$88.74$105.60
11 Nov 2022$94.63$87.33$102.37
25 Nov 2022$91.19$87.76$99.72
9 Dec 2022$93.24$88.55$97.23
23 Dec 2022$92.94$89.83$96.01
6 Jan 2023$103.92$91.51$95.29
20 Jan 2023$107.60$95.14$94.99
3 Feb 2023$115.23$99.49$95.59
17 Feb 2023$131.17$105.27$96.71
3 Mar 2023$127.12$111.04$97.85
17 Mar 2023$116.33$116.07$98.81
31 Mar 2023$123.31$118.56$99.71
14 Apr 2023$116.09$119.66$100.78
28 Apr 2023$114.98$119.18$101.84
12 May 2023$110.53$116.97$102.67
26 May 2023$114.61$115.43$103.13
9 Jun 2023$111.29$114.43$103.60
23 Jun 2023$133.39$116.30$105.25
7 Jul 2023$132.32$119.66$107.24
21 Jul 2023$132.56$123.62$109.70
4 Aug 2023$108.88$125.47$111.43
18 Aug 2023$99.20$124.02$112.33
1 Sep 2023$108.11$119.91$113.15
15 Sep 2023$100.06$114.16$113.62
29 Sep 2023$101.54$107.01$114.03
13 Oct 2023$92.26$101.51$114.20
27 Oct 2023$88.15$98.82$113.81
10 Nov 2023$90.79$95.95$112.83
24 Nov 2023$95.31$94.56$112.01
8 Dec 2023$99.42$94.10$110.70
22 Dec 2023$109.53$95.79$109.81
5 Jan 2024$101.82$97.95$109.37
19 Jan 2024$98.63$100.06$108.53
2 Feb 2024$98.80$101.24$107.67
16 Feb 2024$86.48$101.13$106.72
1 Mar 2024$87.67$98.20$105.46
15 Mar 2024$87.24$94.32$104.26
28 Mar 2024$90.69$92.30$103.27
12 Apr 2024$85.75$90.09$101.13
26 Apr 2024$88.40$87.69$98.67
10 May 2024$88.26$87.91$96.39
24 May 2024$85.63$87.76$95.00
7 Jun 2024$85.85$87.12$94.28
21 Jun 2024$83.35$86.48$93.35
5 Jul 2024$84.36$86.13$92.55
19 Jul 2024$88.03$86.31$91.97
2 Aug 2024$71.38$85.26$91.36
16 Aug 2024$67.50$81.51$90.17
30 Aug 2024$68.37$78.36$89.15
13 Sep 2024$67.67$74.96$87.75
27 Sep 2024$74.89$71.59$86.41
11 Oct 2024$75.63$69.29$84.76
25 Oct 2024$76.82$70.89$83.29
8 Nov 2024$83.86$73.56$82.47
22 Nov 2024$77.79$75.73$81.29
6 Dec 2024$76.67$76.97$80.69
20 Dec 2024$73.84$77.62$80.19
3 Jan 2025$72.76$77.41$79.60
17 Jan 2025$74.40$76.29$78.87
31 Jan 2025$73.33$75.18$78.26
14 Feb 2025$63.53$73.38$77.32
28 Feb 2025$58.19$70.52$76.17
14 Mar 2025$62.25$67.71$74.80
28 Mar 2025$65.13$66.17$73.81
11 Apr 2025$53.77$62.61$72.41
25 Apr 2025$58.15$60.01$71.07
9 May 2025$60.15$59.50$69.61
23 May 2025$64.60$60.50$68.92
6 Jun 2025$68.94$60.90$68.95
20 Jun 2025$66.01$62.45$68.85
3 Jul 2025$73.63$65.35$69.09
18 Jul 2025$74.63$68.25$69.23
1 Aug 2025$75.22$70.84$69.37
15 Aug 2025$78.67$72.84$69.43
29 Aug 2025$81.82$75.43$69.33
12 Sep 2025$79.94$77.76$69.61
26 Sep 2025$80.45$79.21$69.79
10 Oct 2025$80.68$80.55$70.10
24 Oct 2025$86.62$82.45$70.68
7 Nov 2025$87.94$83.68$71.29
21 Nov 2025$74.96$83.21$71.67
5 Dec 2025$81.92$83.04$72.36
19 Dec 2025$75.86$82.24$73.29
2 Jan 2026$74.84$80.48$73.77
16 Jan 2026$81.75$78.85$74.39
30 Jan 2026$92.41$79.47$75.90
13 Feb 2026$153.91$86.81$78.83
27 Feb 2026$131.57$96.15$82.12
13 Mar 2026$110.95$105.64$84.95
27 Mar 2026$115.70$114.23$87.52
10 Apr 2026$127.32$119.78$89.72
24 Apr 2026$124.55$124.20$92.38
8 May 2026$104.49$118.79$94.18
22 May 2026$119.00$115.93$95.86
5 Jun 2026$107.37$115.72$97.66
18 Jun 2026$118.01$115.41$99.07
2 Jul 2026$105.27$112.98$100.38
17 Jul 2026$104.33$110.50$101.57
31 Jul 2026$85.06$107.75$101.94
14 Aug 2026$85.79$101.55$102.02
28 Aug 2026$76.53$94.30$101.51
11 Sep 2026$79.99$88.08$101.47
25 Sep 2026$78.12$82.51$101.31
9 Oct 2026$78.27$80.03$101.41
23 Oct 2026$71.07$77.09$101.31
4 Nov 2026$70.11$76.42$101.14
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: $70.11, 30.7% below its 200-day average. The price has been moving sideways for 16 weeks.

  • Price $70.11
  • 50-day avg $76.42
  • 200-day avg $101.14
Nov 2026: $70.11, 30.7% below its 200-day average. The price has been moving sideways for 16 weeks.
WeekPrice50-day avg200-day avg
28 Oct 2016$96.94$84.37–
18 Nov 2016$95.98$87.02–
9 Dec 2016$99.56$91.25–
30 Dec 2016$98.71$95.85–
20 Jan 2017$102.33$98.00–
10 Feb 2017$116.38$102.61–
3 Mar 2017$118.82$108.64–
24 Mar 2017$119.03$114.64–
13 Apr 2017$117.17$118.65–
5 May 2017$133.74$121.35$100.78
26 May 2017$139.28$126.88$104.78
16 Jun 2017$140.27$133.03$108.67
7 Jul 2017$150.63$140.05$113.00
28 Jul 2017$154.05$145.61$118.26
18 Aug 2017$165.90$152.77$124.05
8 Sep 2017$173.78$160.42$129.31
29 Sep 2017$185.06$170.11$135.66
20 Oct 2017$202.55$180.95$142.86
10 Nov 2017$223.53$194.44$151.23
1 Dec 2017$224.13$210.12$159.54
22 Dec 2017$213.12$215.77$166.14
12 Jan 2018$258.27$224.05$173.78
2 Feb 2018$246.75$233.66$183.43
23 Feb 2018$242.17$238.86$191.30
16 Mar 2018$246.90$248.90$199.43
6 Apr 2018$222.47$242.77$205.92
27 Apr 2018$212.00$236.91$211.84
18 May 2018$242.46$235.67$218.20
8 Jun 2018$248.95$236.82$224.09
29 Jun 2018$220.63$237.92$228.63
20 Jul 2018$238.07$239.26$231.93
10 Aug 2018$162.47$223.26$231.67
31 Aug 2018$175.48$199.55$228.03
21 Sep 2018$169.34$181.76$223.08
12 Oct 2018$137.58$159.45$218.51
2 Nov 2018$145.83$150.65$210.24
23 Nov 2018$137.74$143.07$202.35
14 Dec 2018$117.99$135.50$194.54
4 Jan 2019$114.72$129.36$185.79
25 Jan 2019$135.30$126.46$178.53
15 Feb 2019$154.88$126.95$172.08
8 Mar 2019$148.09$136.88$165.93
29 Mar 2019$151.78$145.89$158.53
18 Apr 2019$175.48$155.62$154.14
10 May 2019$153.69$160.95$149.38
31 May 2019$125.17$155.97$145.72
21 Jun 2019$146.48$149.18$143.32
12 Jul 2019$140.67$141.85$142.44
2 Aug 2019$118.50$137.52$141.54
23 Aug 2019$118.26$134.45$140.36
13 Sep 2019$146.34$130.19$139.92
4 Oct 2019$131.82$129.11$140.28
25 Oct 2019$143.07$131.73$141.65
15 Nov 2019$140.85$137.32$142.46
6 Dec 2019$141.98$137.56$142.05
27 Dec 2019$143.92$141.24$141.32
17 Jan 2020$145.95$142.25$140.61
7 Feb 2020$133.55$141.28$138.27
28 Feb 2020$127.64$139.86$136.40
20 Mar 2020$109.08$131.91$135.39
9 Apr 2020$119.05$123.99$133.60
1 May 2020$119.37$118.50$131.79
22 May 2020$157.39$125.67$133.06
12 Jun 2020$156.14$138.86$135.80
2 Jul 2020$159.08$151.55$137.57
24 Jul 2020$175.29$161.84$140.37
14 Aug 2020$158.25$166.18$143.02
4 Sep 2020$162.65$164.88$144.20
25 Sep 2020$164.98$165.24$145.81
16 Oct 2020$183.31$165.18$148.20
6 Nov 2020$198.89$176.24$152.02
27 Nov 2020$203.52$187.29$156.59
18 Dec 2020$216.82$200.06$162.57
8 Jan 2021$241.52$208.99$169.70
29 Jan 2021$223.43$221.58$178.78
19 Feb 2021$234.56$231.40$186.97
12 Mar 2021$210.81$231.77$191.88
1 Apr 2021$217.80$224.11$195.31
23 Apr 2021$227.99$220.63$200.18
14 May 2021$195.81$212.82$202.56
4 Jun 2021$209.07$211.24$205.27
25 Jun 2021$210.98$207.37$208.86
16 Jul 2021$205.88$204.45$212.01
6 Aug 2021$181.55$206.09$213.79
27 Aug 2021$172.43$195.39$211.91
17 Sep 2021$166.57$185.33$209.76
8 Oct 2021$159.53$170.40$205.79
29 Oct 2021$159.01$164.74$200.57
19 Nov 2021$163.90$164.05$195.40
10 Dec 2021$166.93$164.18$190.33
31 Dec 2021$172.14$166.80$187.26
21 Jan 2022$147.15$166.07$183.77
11 Feb 2022$147.89$161.25$177.98
4 Mar 2022$105.20$151.20$173.45
25 Mar 2022$112.90$134.43$166.53
14 Apr 2022$97.29$121.71$159.41
6 May 2022$101.00$108.12$151.20
27 May 2022$102.50$102.87$144.05
17 Jun 2022$88.56$98.70$139.06
8 Jul 2022$93.37$97.59$134.07
29 Jul 2022$106.58$97.33$129.53
19 Aug 2022$99.40$97.76$125.04
9 Sep 2022$92.18$97.29$119.68
30 Sep 2022$84.35$95.13$113.80
21 Oct 2022$85.93$90.36$107.58
11 Nov 2022$94.63$87.33$102.37
2 Dec 2022$92.11$88.01$98.35
23 Dec 2022$92.94$89.83$96.01
13 Jan 2023$106.41$93.53$95.06
3 Feb 2023$115.23$99.49$95.59
24 Feb 2023$124.00$107.88$97.14
17 Mar 2023$116.33$116.07$98.81
6 Apr 2023$115.46$119.21$100.28
28 Apr 2023$114.98$119.18$101.84
19 May 2023$112.31$115.93$102.85
9 Jun 2023$111.29$114.43$103.60
30 Jun 2023$135.82$118.09$106.33
21 Jul 2023$132.56$123.62$109.70
11 Aug 2023$104.06$125.04$111.97
1 Sep 2023$108.11$119.91$113.15
22 Sep 2023$100.15$110.47$113.83
13 Oct 2023$92.26$101.51$114.20
3 Nov 2023$91.93$97.45$113.30
24 Nov 2023$95.31$94.56$112.01
15 Dec 2023$108.20$94.52$110.18
5 Jan 2024$101.82$97.95$109.37
26 Jan 2024$99.20$100.89$108.09
16 Feb 2024$86.48$101.13$106.72
8 Mar 2024$90.24$96.21$104.86
28 Mar 2024$90.69$92.30$103.27
19 Apr 2024$84.27$88.64$99.87
10 May 2024$88.26$87.91$96.39
31 May 2024$86.73$87.52$94.62
21 Jun 2024$83.35$86.48$93.35
12 Jul 2024$89.63$86.06$92.23
2 Aug 2024$71.38$85.26$91.36
23 Aug 2024$71.05$79.89$89.70
13 Sep 2024$67.67$74.96$87.75
4 Oct 2024$74.40$70.10$85.62
25 Oct 2024$76.82$70.89$83.29
15 Nov 2024$73.45$74.70$81.92
6 Dec 2024$76.67$76.97$80.69
27 Dec 2024$73.42$77.61$79.89
17 Jan 2025$74.40$76.29$78.87
7 Feb 2025$68.91$74.79$77.91
28 Feb 2025$58.19$70.52$76.17
21 Mar 2025$64.06$66.83$74.30
11 Apr 2025$53.77$62.61$72.41
2 May 2025$63.80$59.68$70.37
23 May 2025$64.60$60.50$68.92
13 Jun 2025$65.91$61.28$68.89
3 Jul 2025$73.63$65.35$69.09
25 Jul 2025$78.03$69.71$69.30
15 Aug 2025$78.67$72.84$69.43
5 Sep 2025$84.27$76.59$69.41
26 Sep 2025$80.45$79.21$69.79
17 Oct 2025$84.81$81.54$70.35
7 Nov 2025$87.94$83.68$71.29
28 Nov 2025$79.64$82.94$71.92
19 Dec 2025$75.86$82.24$73.29
9 Jan 2026$76.14$79.52$74.05
30 Jan 2026$92.41$79.47$75.90
20 Feb 2026$133.62$90.97$80.28
13 Mar 2026$110.95$105.64$84.95
2 Apr 2026$113.94$116.75$88.42
24 Apr 2026$124.55$124.20$92.38
15 May 2026$102.76$116.11$94.83
5 Jun 2026$107.37$115.72$97.66
26 Jun 2026$107.19$113.93$99.76
17 Jul 2026$104.33$110.50$101.57
7 Aug 2026$90.23$104.81$102.05
28 Aug 2026$76.53$94.30$101.51
18 Sep 2026$76.55$85.34$101.41
9 Oct 2026$78.27$80.03$101.41
30 Oct 2026$72.59$76.38$101.25
4 Nov 2026$70.11$76.42$101.14
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Sideways from Oct 2025 to Nov 2025; Rising from Nov 2025 to Jul 2026; Sideways from Jul 2026 to Nov 2026.

Price stage: Sideways from Nov 2023 to Feb 2024; Falling from Feb 2024 to Jun 2025; Sideways from Jul 2025 to Nov 2025; Rising from Nov 2025 to Jul 2026; Sideways from Jul 2026 to Nov 2026.

Price stage: Falling from Oct 2021 to Dec 2022; Sideways from Jan 2023 to May 2023; Rising from Jun 2023 to Jul 2023; Sideways from Aug 2023 to Feb 2024; Falling from Feb 2024 to Jun 2025; Sideways from Jul 2025 to Nov 2025; Rising from Dec 2025 to Jul 2026; Sideways from Jul 2026 to Nov 2026.

Price stage: Rising from Dec 2017 to Jul 2018; Sideways from Aug 2018 to Nov 2018; Falling from Nov 2018 to May 2020; Sideways from May 2020 to Jul 2020; Rising from Aug 2020 to Jun 2021; Sideways from Jul 2021 to Oct 2021; Falling from Nov 2021 to Dec 2022; Sideways from Jan 2023 to May 2023; Rising from Jun 2023 to Jul 2023; Sideways from Aug 2023 to Jan 2024; Falling from Feb 2024 to Jun 2025; Sideways from Jul 2025 to Nov 2025; Rising from Nov 2025 to Jul 2026; Sideways from Aug 2026 to Nov 2026.

Week by week since 2016: did it beat the S&P 500 over the past 13 weeks?

Ahead in 224 of 527 weeks

Week by week since 2016: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
8 Jul 2016no S&P 500 reading
15 Jul 2016no S&P 500 reading
22 Jul 2016no S&P 500 reading
29 Jul 2016no S&P 500 reading
5 Aug 2016no S&P 500 reading
12 Aug 2016no S&P 500 reading
19 Aug 2016no S&P 500 reading
26 Aug 2016no S&P 500 reading
2 Sep 2016no S&P 500 reading
9 Sep 2016no S&P 500 reading
16 Sep 2016no S&P 500 reading
23 Sep 2016no S&P 500 reading
30 Sep 2016no S&P 500 reading
7 Oct 2016+5.5%
14 Oct 2016+3.7%
21 Oct 2016+0.1%
28 Oct 2016+17.1%
4 Nov 2016+14.0%
11 Nov 2016+12.6%
18 Nov 2016+12.7%
25 Nov 2016+10.0%
2 Dec 2016+8.8%
9 Dec 2016+14.1%
16 Dec 2016+14.5%
23 Dec 2016+15.8%
30 Dec 2016+16.5%
6 Jan 2017+6.3%
13 Jan 2017+13.9%
20 Jan 2017+17.2%
27 Jan 2017+0.0%
3 Feb 2017+12.0%
10 Feb 2017+15.5%
17 Feb 2017+16.9%
24 Feb 2017+16.7%
3 Mar 2017+16.5%
10 Mar 2017+15.1%
17 Mar 2017+19.5%
24 Mar 2017+15.8%
31 Mar 2017+16.8%
7 Apr 2017+23.6%
13 Apr 2017+14.6%
21 Apr 2017+14.3%
28 Apr 2017+16.9%
5 May 2017+12.3%
12 May 2017+15.9%
19 May 2017+12.4%
26 May 2017+13.6%
2 Jun 2017+17.1%
9 Jun 2017+16.8%
16 Jun 2017+13.1%
23 Jun 2017+19.4%
30 Jun 2017+17.6%
7 Jul 2017+21.6%
14 Jul 2017+27.1%
21 Jul 2017+21.2%
28 Jul 2017+18.2%
4 Aug 2017+17.0%
11 Aug 2017+16.1%
18 Aug 2017+20.2%
25 Aug 2017+19.0%
1 Sep 2017+21.8%
8 Sep 2017+20.6%
15 Sep 2017+25.8%
22 Sep 2017+25.0%
29 Sep 2017+23.6%
6 Oct 2017+23.0%
13 Oct 2017+23.6%
20 Oct 2017+28.7%
27 Oct 2017+30.8%
3 Nov 2017+28.6%
10 Nov 2017+30.6%
17 Nov 2017+36.8%
24 Nov 2017+38.1%
1 Dec 2017+21.3%
8 Dec 2017+10.4%
15 Dec 2017+8.5%
22 Dec 2017+6.5%
29 Dec 2017+9.5%
5 Jan 2018+18.2%
12 Jan 2018+21.4%
19 Jan 2018+20.8%
26 Jan 2018+13.5%
2 Feb 2018+8.8%
9 Feb 2018+2.7%
16 Feb 2018−5.0%
23 Feb 2018−5.5%
2 Mar 2018+7.5%
9 Mar 2018+16.4%
16 Mar 2018+15.8%
23 Mar 2018+12.1%
29 Mar 2018+10.4%
6 Apr 2018−3.2%
13 Apr 2018−6.2%
20 Apr 2018−6.8%
27 Apr 2018−11.4%
4 May 2018−2.0%
11 May 2018+3.8%
18 May 2018+1.9%
25 May 2018+4.1%
1 Jun 2018−0.8%
8 Jun 2018+0.1%
15 Jun 2018−3.5%
22 Jun 2018−5.2%
29 Jun 2018−8.6%
6 Jul 2018−4.8%
13 Jul 2018−4.4%
20 Jul 2018−2.3%
27 Jul 2018+5.6%
3 Aug 2018−33.6%
10 Aug 2018−39.2%
17 Aug 2018−38.2%
24 Aug 2018−38.9%
31 Aug 2018−35.1%
7 Sep 2018−40.1%
14 Sep 2018−38.8%
21 Sep 2018−34.0%
28 Sep 2018−36.4%
5 Oct 2018−45.6%
12 Oct 2018−39.6%
19 Oct 2018−43.2%
26 Oct 2018−37.1%
2 Nov 2018−10.3%
9 Nov 2018−13.3%
16 Nov 2018−10.6%
23 Nov 2018−9.0%
30 Nov 2018−13.9%
7 Dec 2018−12.7%
14 Dec 2018−15.5%
21 Dec 2018−18.8%
28 Dec 2018−11.5%
4 Jan 2019−1.3%
11 Jan 2019−0.9%
18 Jan 2019+3.7%
25 Jan 2019+0.2%
1 Feb 2019−5.4%
8 Feb 2019+3.4%
15 Feb 2019+10.5%
22 Feb 2019+7.5%
1 Mar 2019+8.5%
8 Mar 2019+15.0%
15 Mar 2019+22.2%
22 Mar 2019+18.4%
29 Mar 2019+18.0%
5 Apr 2019+31.3%
12 Apr 2019+20.1%
18 Apr 2019+23.6%
26 Apr 2019+18.1%
3 May 2019+16.4%
10 May 2019+4.2%
17 May 2019−16.5%
24 May 2019−17.6%
31 May 2019−18.3%
7 Jun 2019−15.8%
14 Jun 2019−16.9%
21 Jun 2019−4.1%
28 Jun 2019−2.1%
5 Jul 2019−14.2%
12 Jul 2019−20.3%
19 Jul 2019−27.5%
26 Jul 2019−21.7%
2 Aug 2019−30.4%
9 Aug 2019−22.0%
16 Aug 2019−12.0%
23 Aug 2019−10.5%
30 Aug 2019−7.4%
6 Sep 2019−2.3%
13 Sep 2019+6.8%
20 Sep 2019−10.6%
27 Sep 2019−14.7%
4 Oct 2019−10.2%
11 Oct 2019−1.9%
18 Oct 2019+2.1%
25 Oct 2019+1.5%
1 Nov 2019+13.3%
8 Nov 2019+15.0%
15 Nov 2019+10.0%
22 Nov 2019+8.7%
29 Nov 2019+7.4%
6 Dec 2019+0.7%
13 Dec 2019−6.6%
20 Dec 2019−0.1%
27 Dec 2019−0.9%
3 Jan 2020−1.9%
10 Jan 2020−10.5%
17 Jan 2020−3.1%
24 Jan 2020−8.1%
31 Jan 2020−13.7%
7 Feb 2020−16.8%
14 Feb 2020−9.2%
21 Feb 2020−10.4%
28 Feb 2020−4.4%
6 Mar 2020−8.9%
13 Mar 2020−7.3%
20 Mar 2020+5.0%
27 Mar 2020−2.7%
3 Apr 2020−4.5%
9 Apr 2020+2.6%
17 Apr 2020−4.8%
24 Apr 2020−2.3%
1 May 2020+5.6%
8 May 2020+25.8%
15 May 2020+20.0%
22 May 2020+28.0%
29 May 2020+19.0%
5 Jun 2020+32.2%
12 Jun 2020+26.3%
19 Jun 2020+13.8%
26 Jun 2020+24.0%
2 Jul 2020+29.0%
10 Jul 2020+21.6%
17 Jul 2020+35.5%
24 Jul 2020+31.6%
31 Jul 2020+34.5%
7 Aug 2020−7.0%
14 Aug 2020−9.4%
21 Aug 2020−19.2%
28 Aug 2020−12.5%
4 Sep 2020−11.3%
11 Sep 2020−8.3%
18 Sep 2020−4.1%
25 Sep 2020−3.3%
2 Oct 2020−0.8%
9 Oct 2020+2.8%
16 Oct 2020−3.7%
23 Oct 2020+6.4%
30 Oct 2020+3.9%
6 Nov 2020+17.2%
13 Nov 2020+20.7%
20 Nov 2020+28.6%
27 Nov 2020+23.7%
4 Dec 2020+22.4%
11 Dec 2020+22.2%
18 Dec 2020+18.0%
24 Dec 2020+21.7%
31 Dec 2020+20.6%
8 Jan 2021+23.5%
15 Jan 2021+24.9%
22 Jan 2021+14.7%
29 Jan 2021+6.8%
5 Feb 2021+9.2%
12 Feb 2021+16.2%
19 Feb 2021+7.1%
26 Feb 2021+7.1%
5 Mar 2021−6.4%
12 Mar 2021−6.7%
19 Mar 2021−7.9%
26 Mar 2021−13.7%
1 Apr 2021−9.8%
9 Apr 2021−9.1%
16 Apr 2021−19.3%
23 Apr 2021−18.0%
30 Apr 2021−15.6%
7 May 2021−26.1%
14 May 2021−28.7%
21 May 2021−19.5%
28 May 2021−18.4%
4 Jun 2021−8.9%
11 Jun 2021−11.1%
18 Jun 2021−10.4%
25 Jun 2021−5.7%
2 Jul 2021−11.3%
9 Jul 2021−19.0%
16 Jul 2021−11.4%
23 Jul 2021−11.1%
30 Jul 2021−4.6%
6 Aug 2021−12.8%
13 Aug 2021−20.7%
20 Aug 2021−24.8%
27 Aug 2021−24.8%
3 Sep 2021−23.9%
10 Sep 2021−20.3%
17 Sep 2021−24.5%
24 Sep 2021−26.2%
1 Oct 2021−23.8%
8 Oct 2021−23.6%
15 Oct 2021−23.2%
22 Oct 2021−27.8%
29 Oct 2021−31.8%
5 Nov 2021−11.5%
12 Nov 2021−4.2%
19 Nov 2021−7.8%
26 Nov 2021−10.4%
3 Dec 2021−5.6%
10 Dec 2021−8.9%
17 Dec 2021−4.7%
23 Dec 2021−3.2%
31 Dec 2021−2.5%
7 Jan 2022−4.5%
14 Jan 2022−6.5%
21 Jan 2022−5.8%
28 Jan 2022−5.5%
4 Feb 2022−8.3%
11 Feb 2022−7.3%
18 Feb 2022−9.1%
25 Feb 2022−7.9%
4 Mar 2022−31.4%
11 Mar 2022−22.9%
18 Mar 2022−24.9%
25 Mar 2022−29.3%
1 Apr 2022−31.5%
8 Apr 2022−34.0%
14 Apr 2022−33.9%
22 Apr 2022−32.3%
29 Apr 2022−27.8%
6 May 2022−24.3%
13 May 2022−24.7%
20 May 2022−16.6%
27 May 2022−20.6%
3 Jun 2022+1.7%
10 Jun 2022−5.0%
17 Jun 2022−7.9%
24 Jun 2022+1.5%
1 Jul 2022−1.4%
8 Jul 2022+5.7%
15 Jul 2022+8.9%
22 Jul 2022+12.2%
29 Jul 2022+12.8%
5 Aug 2022+0.3%
12 Aug 2022+0.6%
19 Aug 2022−9.0%
26 Aug 2022−5.9%
2 Sep 2022−7.6%
9 Sep 2022−9.6%
16 Sep 2022−6.0%
23 Sep 2022−8.5%
30 Sep 2022−0.9%
7 Oct 2022−0.6%
14 Oct 2022−3.4%
21 Oct 2022−9.0%
28 Oct 2022−12.5%
4 Nov 2022−4.8%
11 Nov 2022−3.3%
18 Nov 2022−2.0%
25 Nov 2022−2.3%
2 Dec 2022−0.8%
9 Dec 2022+4.4%
16 Dec 2022+4.5%
23 Dec 2022+5.3%
30 Dec 2022+5.2%
6 Jan 2023+13.0%
13 Jan 2023+14.8%
20 Jan 2023+19.4%
27 Jan 2023+23.3%
3 Feb 2023+21.6%
10 Feb 2023+15.5%
17 Feb 2023+41.0%
24 Feb 2023+37.5%
3 Mar 2023+38.7%
10 Mar 2023+28.6%
17 Mar 2023+25.4%
24 Mar 2023+22.3%
31 Mar 2023+23.2%
6 Apr 2023+5.7%
14 Apr 2023+5.6%
21 Apr 2023+3.3%
28 Apr 2023+0.6%
5 May 2023+2.5%
12 May 2023−1.8%
19 May 2023−17.2%
26 May 2023−13.5%
2 Jun 2023−17.3%
9 Jun 2023−17.2%
16 Jun 2023+3.1%
23 Jun 2023+4.7%
30 Jun 2023+1.9%
7 Jul 2023+7.4%
14 Jul 2023+8.2%
21 Jul 2023+5.0%
28 Jul 2023+3.7%
4 Aug 2023−16.1%
11 Aug 2023−14.1%
18 Aug 2023−15.9%
25 Aug 2023−15.7%
1 Sep 2023−9.4%
8 Sep 2023−12.4%
15 Sep 2023−26.6%
22 Sep 2023−24.3%
29 Sep 2023−21.7%
6 Oct 2023−25.2%
13 Oct 2023−28.2%
20 Oct 2023−23.3%
27 Oct 2023−22.4%
3 Nov 2023−12.9%
10 Nov 2023−11.6%
17 Nov 2023−7.4%
24 Nov 2023−10.1%
1 Dec 2023−11.8%
8 Dec 2023−5.4%
15 Dec 2023+2.3%
22 Dec 2023−0.7%
29 Dec 2023−4.3%
5 Jan 2024−3.1%
12 Jan 2024−2.6%
19 Jan 2024−8.1%
26 Jan 2024−6.1%
2 Feb 2024−6.3%
9 Feb 2024−0.5%
16 Feb 2024−19.9%
23 Feb 2024−21.8%
1 Mar 2024−21.6%
8 Mar 2024−20.4%
15 Mar 2024−28.0%
22 Mar 2024−27.9%
28 Mar 2024−26.5%
5 Apr 2024−26.1%
12 Apr 2024−21.0%
19 Apr 2024−17.2%
26 Apr 2024−15.2%
3 May 2024−15.6%
10 May 2024−18.1%
17 May 2024−3.5%
24 May 2024−4.2%
31 May 2024−3.9%
7 Jun 2024−9.2%
14 Jun 2024−9.2%
21 Jun 2024−11.9%
28 Jun 2024−11.0%
5 Jul 2024−9.2%
12 Jul 2024−5.1%
19 Jul 2024−6.4%
26 Jul 2024−9.2%
2 Aug 2024−22.0%
9 Aug 2024−26.8%
16 Aug 2024−28.5%
23 Aug 2024−23.2%
30 Aug 2024−28.1%
6 Sep 2024−28.0%
13 Sep 2024−23.8%
20 Sep 2024−20.1%
27 Sep 2024−16.3%
4 Oct 2024−15.1%
11 Oct 2024−19.1%
18 Oct 2024−20.6%
25 Oct 2024−17.6%
1 Nov 2024+8.1%
8 Nov 2024+13.6%
15 Nov 2024+3.1%
22 Nov 2024+3.5%
29 Nov 2024+7.2%
6 Dec 2024+9.5%
13 Dec 2024+7.2%
20 Dec 2024+1.1%
27 Dec 2024−6.1%
3 Jan 2025−5.5%
10 Jan 2025−4.7%
17 Jan 2025−3.8%
24 Jan 2025−8.6%
31 Jan 2025−16.3%
7 Feb 2025−18.3%
14 Feb 2025−17.6%
21 Feb 2025−19.5%
28 Feb 2025−24.0%
7 Mar 2025−12.5%
14 Mar 2025−13.0%
21 Mar 2025−8.6%
28 Mar 2025−4.7%
4 Apr 2025−13.7%
11 Apr 2025−17.5%
17 Apr 2025−16.5%
25 Apr 2025−12.1%
2 May 2025−7.2%
9 May 2025−6.6%
16 May 2025+7.2%
23 May 2025+5.7%
30 May 2025+14.7%
6 Jun 2025+5.3%
13 Jun 2025−0.2%
20 Jun 2025−2.3%
27 Jun 2025−5.5%
3 Jul 2025+17.5%
11 Jul 2025+21.1%
18 Jul 2025+20.8%
25 Jul 2025+18.5%
1 Aug 2025+8.2%
8 Aug 2025+12.2%
15 Aug 2025+10.0%
22 Aug 2025+15.8%
29 Aug 2025+14.0%
5 Sep 2025+14.2%
12 Sep 2025+11.2%
19 Sep 2025+11.6%
26 Sep 2025+9.8%
3 Oct 2025+8.0%
10 Oct 2025+4.1%
17 Oct 2025+7.8%
24 Oct 2025+4.7%
31 Oct 2025+3.5%
7 Nov 2025+11.5%
14 Nov 2025−3.1%
21 Nov 2025−10.9%
28 Nov 2025−8.6%
5 Dec 2025−8.7%
12 Dec 2025−7.2%
19 Dec 2025−9.4%
26 Dec 2025−10.9%
2 Jan 2026−13.7%
9 Jan 2026−11.9%
16 Jan 2026−7.7%
23 Jan 2026−2.0%
30 Jan 2026+7.1%
6 Feb 2026+21.7%
13 Feb 2026+91.7%
20 Feb 2026+73.6%
27 Feb 2026+64.8%
6 Mar 2026+49.3%
13 Mar 2026+46.7%
20 Mar 2026+56.8%
27 Mar 2026+62.0%
2 Apr 2026+56.2%
10 Apr 2026+69.3%
17 Apr 2026+50.3%
24 Apr 2026+40.5%
1 May 2026+28.8%
8 May 2026−11.5%
15 May 2026−41.7%
22 May 2026−19.1%
29 May 2026−23.2%
5 Jun 2026−20.7%
12 Jun 2026−8.7%
18 Jun 2026−12.8%
26 Jun 2026−22.3%
2 Jul 2026−21.2%
10 Jul 2026−26.5%
17 Jul 2026−21.2%
24 Jul 2026−29.9%
31 Jul 2026−34.4%
7 Aug 2026−18.5%
14 Aug 2026−21.5%
21 Aug 2026−41.1%
28 Aug 2026−34.9%
4 Sep 2026−31.8%
11 Sep 2026−33.3%
18 Sep 2026−37.1%
25 Sep 2026−32.9%
2 Oct 2026−23.5%
9 Oct 2026−30.5%
16 Oct 2026−34.6%
23 Oct 2026−25.3%
30 Oct 2026−15.8%
4 Nov 2026−21.5%
Each bar is one week, from 2016 to now (527 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 10 years the share price moved −12% while the S&P 500 moved +261%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 1 May 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does IPG Photonics pay?

IPG Photonics Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is IPG Photonics on?

IPG Photonics is on one of our US lists: US tech stocks.

Is IPG Photonics profitable?

IPG Photonics Corporation earned $5.2 M of net profit in the Jun 2026 quarter, −20.6% on the same quarter a year earlier. Full-year FY25 profit was $31.1 M. Over 4 years profit has grown −42.2% a year on average. That is 1.9% of the quarter's revenue. The same quarter a year earlier earned $6.6 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

1 of the last 12 reported quarters were loss-making.

FY25 profit $31.1 M, −42.2% a year over 4 years

  • Net profit $31.1 M
FY25 profit $31.1 M, −42.2% a year over 4 years
QuarterNet profit
FY21$278 M
FY22$110 M
FY23$219 M
FY24−$182 M
FY25$31.1 M

Growth on a year earlier

  • Growth on a year earlier −182.9%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22−60.5%
FY2399.1%
FY24−182.9%
FY25–
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $5.2 M (−20.6% on a year earlier)

  • Net profit (quarterly) $5.2 M
Jun 2026: $5.2 M (−20.6% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023$55.0 M
Dec 2023$41.4 M
Mar 2024$24.1 M
Jun 2024$20.2 M
Sep 2024−$234 M
Dec 2024$7.8 M
Mar 2025$3.8 M
Jun 2025$6.6 M
Sep 2025$7.5 M
Dec 2025$13.3 M
Mar 2026$1.6 M
Jun 2026$5.2 M

Growth on a year earlier

  • Growth on a year earlier −20.6%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−27.9%
Dec 2023–
Mar 2024−59.9%
Jun 2024−67.7%
Sep 2024−524.8%
Dec 2024−81.1%
Mar 2025−84.4%
Jun 2025−67.2%
Sep 2025–
Dec 202569.8%
Mar 2026−57.8%
Jun 2026−20.6%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +11.1% on a year earlier and the margin moved +4.6 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed −2.9% and revenue +13.1%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does IPG Photonics make, and is it growing?

IPG Photonics Corporation reported $279 M of revenue in the Jun 2026 quarter, +11.1% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 4 years it has grown −9.0% a year on average. The last full year, FY25, came in at $1.0 B.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $1.1 B.

FY25 revenue was $1.0 B, +2.7% on the year before.

FY25 revenue $1.0 B (+2.7% on the year before), −9.0% a year over 4 years

  • Revenue $1.0 B
FY25 revenue $1.0 B (+2.7% on the year before), −9.0% a year over 4 years
QuarterRevenue
FY21$1.5 B
FY22$1.4 B
FY23$1.3 B
FY24$977 M
FY25$1.0 B

Growth on a year earlier

  • Growth on a year earlier 2.7%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22−2.1%
FY23−9.9%
FY24−24.1%
FY252.7%
Top: revenue each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $279 M (+11.1% on a year earlier), the 4th quarter in a row of growth

  • Revenue (quarterly) $279 M
Jun 2026: $279 M (+11.1% on a year earlier), the 4th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023$301 M
Dec 2023$299 M
Mar 2024$252 M
Jun 2024$258 M
Sep 2024$233 M
Dec 2024$234 M
Mar 2025$228 M
Jun 2025$251 M
Sep 2025$251 M
Dec 2025$274 M
Mar 2026$265 M
Jun 2026$279 M

Growth on a year earlier

  • Growth on a year earlier 11.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−13.6%
Dec 2023−10.4%
Mar 2024−27.4%
Jun 2024−24.2%
Sep 2024−22.6%
Dec 2024−21.6%
Mar 2025−9.6%
Jun 2025−2.7%
Sep 20257.6%
Dec 202517.1%
Mar 202616.6%
Jun 202611.1%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +13.1% on average, against −9.0% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +13.0%, against −1.8% a year over the last 8 quarters (accelerating).

How much of every $100 of sales does IPG Photonics keep?

IPG Photonics Corporation's operating margin was 5.9% in the Jun 2026 quarter, 4.6 percentage points higher than the same quarter a year ago. Across 5 years it has been between 1.5% and 24.1%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +4.6 percentage points on the year while gross margin changed +1.4 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY25: 2.3%, within a range of 1.5% to 24.1% over 5 years

  • Operating margin 2.3%
FY25: 2.3%, within a range of 1.5% to 24.1% over 5 years
QuarterOperating margin
FY2124.1%
FY2216.2%
FY2318%
FY241.5%
FY252.3%

Change on the year before (points)

  • Change on the year before (points) +0.8 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22−7.9 pts
FY23+1.8 pts
FY24−16.5 pts
FY25+0.8 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin 5.9% (+4.6 points on a year earlier)

  • Operating margin 5.9%
Jun 2026: operating margin 5.9% (+4.6 points on a year earlier)
QuarterOperating margin
Sep 202318.2%
Dec 20239.8%
Mar 20245.6%
Jun 20245.7%
Sep 2024−12%
Dec 20245.9%
Mar 20251.9%
Jun 20251.3%
Sep 20253.9%
Dec 20252.1%
Mar 20262.1%
Jun 20265.9%

Change on a year earlier (points)

  • Change on a year earlier (points) +4.6 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023−2.4 pts
Dec 2023+14.9 pts
Mar 2024−15.4 pts
Jun 2024−16.2 pts
Sep 2024−30.2 pts
Dec 2024−3.9 pts
Mar 2025−3.7 pts
Jun 2025−4.4 pts
Sep 2025+15.9 pts
Dec 2025−3.8 pts
Mar 2026+0.2 pts
Jun 2026+4.6 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is IPG Photonics' profit turning into cash?

Over the last 3 years, 162% of IPG Photonics Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $75.3 M of operating cash against $31.1 M of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After $78.8 M of spending on assets, free cash was −$3.5 M: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $75.3 M against profit $31.1 M; 162% of 3 years' profit came in as cash

  • Operating cash $75.3 M
  • Net profit $31.1 M
  • Free cash −$3.5 M
FY25: operating cash $75.3 M against profit $31.1 M; 162% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21$390 M$278 M$267 M
FY22$213 M$110 M$103 M
FY23$296 M$219 M$186 M
FY24$248 M−$182 M$149 M
FY25$75.3 M$31.1 M−$3.5 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash $37.8 M = 721% of the quarter's profit

  • Operating cash (quarterly) $37.8 M
Jun 2026: operating cash $37.8 M = 721% of the quarter's profit
QuarterOperating cash (quarterly)
Sep 2023$86.0 M
Dec 2023$106 M
Mar 2024$54.6 M
Jun 2024$53.5 M
Sep 2024$66.1 M
Dec 2024$73.8 M
Mar 2025$13.4 M
Jun 2025−$2.2 M
Sep 2025$35.3 M
Dec 2025$28.8 M
Mar 2026−$5.5 M
Jun 2026$37.8 M

Operating cash as % of profit

  • Operating cash as % of profit 721%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 2023156%
Dec 2023256%
Mar 2024227%
Jun 2024265%
Sep 2024–
Dec 2024944%
Mar 2025358%
Jun 2025−34%
Sep 2025473%
Dec 2025217%
Mar 2026−345%
Jun 2026721%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does IPG Photonics' cash go?

IPG Photonics Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $288 M on assets over the last 3 years. Averaged over those years that is 9.6% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $288 M over the last 3 years.

FY25: capex $78.8 M, steady spending

  • Capex $78.8 M
FY25: capex $78.8 M, steady spending
QuarterCapex
FY21$123 M
FY22$110 M
FY23$110 M
FY24$98.5 M
FY25$78.8 M
Capital spending each year, $ M.

Jun 2026: capex $20.7 M in the quarter

  • Capex (quarterly) $20.7 M
Jun 2026: capex $20.7 M in the quarter
QuarterCapex (quarterly)
Sep 2023$26.1 M
Dec 2023$25.2 M
Mar 2024$28.1 M
Jun 2024$24.2 M
Sep 2024$23.1 M
Dec 2024$23.2 M
Mar 2025$24.8 M
Jun 2025$15.4 M
Sep 2025$20.7 M
Dec 2025$17.9 M
Mar 2026$16.3 M
Jun 2026$20.7 M

Free cash

  • Free cash $17.1 M
Free cash
QuarterFree cash
Sep 2023$59.9 M
Dec 2023$80.8 M
Mar 2024$26.5 M
Jun 2024$29.2 M
Sep 2024$43.0 M
Dec 2024$50.6 M
Mar 2025−$11.4 M
Jun 2025−$17.6 M
Sep 2025$14.6 M
Dec 2025$10.9 M
Mar 2026−$21.8 M
Jun 2026$17.1 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is IPG Photonics' P/E ratio, and how does it compare with its own history?

IPG Photonics Corporation's P/E is 74.6×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 74.6× against a usual —: with too little history to compare

  • P/E 108.9×
P/E 74.6× against a usual —: with too little history to compare
WeekP/E
1 Apr 202221.1×
8 Apr 202219.4×
14 Apr 202218.7×
22 Apr 202218.4×
29 Apr 202218.1×
6 May 202219.4×
13 May 202218.9×
20 May 202219.2×
27 May 202219.7×
3 Jun 202219.5×
10 Jun 202218.7×
17 Jun 202217.0×
24 Jun 202219.0×
1 Jul 202218.1×
8 Jul 202218.6×
15 Jul 202218.8×
22 Jul 202220.0×
29 Jul 202221.2×
5 Aug 202220.3×
12 Aug 202221.0×
19 Aug 202219.8×
26 Aug 202218.7×
2 Sep 202217.8×
9 Sep 202218.4×
16 Sep 202217.6×
23 Sep 202216.9×
30 Sep 202216.6×
7 Oct 202217.0×
14 Oct 202216.6×
21 Oct 202216.9×
28 Oct 202217.2×
4 Nov 202217.3×
11 Nov 202218.6×
18 Nov 202217.9×
25 Nov 202217.9×
2 Dec 202218.1×
9 Dec 202218.3×
16 Dec 202218.0×
23 Dec 202218.3×
30 Dec 202218.6×
6 Jan 202352.7×
13 Jan 202353.9×
20 Jan 202354.5×
27 Jan 202356.5×
3 Feb 202358.4×
10 Feb 202356.5×
17 Feb 202366.5×
24 Feb 202362.9×
3 Mar 202364.4×
10 Mar 202359.9×
17 Mar 202359.0×
24 Mar 202359.2×
31 Mar 202364.1×
6 Apr 202360.0×
14 Apr 202360.4×
21 Apr 202360.1×
28 Apr 202359.8×
5 May 202361.5×
12 May 202357.5×
19 May 202358.4×
26 May 202359.6×
2 Jun 202358.6×
9 Jun 202357.9×
16 Jun 202370.1×
23 Jun 202369.4×
30 Jun 202363.7×
7 Jul 202362.0×
14 Jul 202363.8×
21 Jul 202362.1×
28 Jul 202361.2×
4 Aug 202351.0×
11 Aug 202348.8×
18 Aug 202346.5×
25 Aug 202347.9×
1 Sep 202350.7×
8 Sep 202347.6×
15 Sep 202346.9×
22 Sep 202347.0×
29 Sep 202347.6×
6 Oct 202352.8×
13 Oct 202350.6×
20 Oct 202350.8×
27 Oct 202348.4×
3 Nov 202350.4×
10 Nov 202349.8×
17 Nov 202352.2×
24 Nov 202352.3×
1 Dec 202353.4×
8 Dec 202354.5×
15 Dec 202359.4×
22 Dec 202360.1×
29 Dec 202359.5×
5 Jan 202422.0×
12 Jan 202421.5×
19 Jan 202421.4×
26 Jan 202421.5×
2 Feb 202421.4×
9 Feb 202422.3×
16 Feb 202418.7×
23 Feb 202418.5×
1 Mar 202419.0×
8 Mar 202419.5×
15 Mar 202418.9×
22 Mar 202419.5×
28 Mar 202419.6×
5 Apr 202422.2×
12 Apr 202422.1×
19 Apr 202421.7×
26 Apr 202422.8×
3 May 202422.4×
10 May 202422.8×
17 May 202422.8×
24 May 202422.1×
31 May 202422.4×
7 Jun 202422.1×
14 Jun 202421.9×
21 Jun 202421.5×
28 Jun 202421.8×
5 Jul 202427.9×
12 Jul 202429.7×
19 Jul 202429.2×
26 Jul 202428.7×
2 Aug 202423.6×
9 Aug 202422.1×
16 Aug 202422.4×
23 Aug 202423.5×
30 Aug 202422.6×
6 Sep 202420.8×
13 Sep 202422.4×
20 Sep 202423.3×
27 Sep 202424.8×
4 Oct 202424.6×
11 Oct 202425.1×
18 Oct 202425.0×
25 Oct 202425.4×
1 Nov 202427.3×
8 Nov 202427.8×
15 Nov 202424.3×
22 Nov 202425.8×
29 Nov 202425.9×
6 Dec 202425.4×
13 Dec 202425.7×
20 Dec 202424.5×
27 Dec 202424.3×
3 Jan 202524.1×
10 Jan 202523.9×
17 Jan 202524.6×
24 Jan 202524.5×
31 Jan 202524.3×
3 Oct 2025140.2×
10 Oct 2025133.6×
17 Oct 2025140.4×
24 Oct 2025143.4×
31 Oct 2025140.9×
7 Nov 2025145.6×
14 Nov 2025131.9×
21 Nov 2025124.1×
28 Nov 2025131.8×
5 Dec 2025135.6×
12 Dec 2025127.7×
19 Dec 2025125.6×
26 Dec 2025124.5×
2 Jan 2026102.4×
9 Jan 2026104.2×
16 Jan 2026111.8×
23 Jan 2026118.3×
30 Jan 2026126.4×
6 Feb 2026149.9×
13 Feb 2026182.8×
20 Feb 2026182.8×
27 Feb 2026180.0×
6 Mar 2026165.1×
13 Mar 2026151.8×
20 Mar 2026157.8×
27 Mar 2026158.3×
2 Apr 2026167.6×
10 Apr 2026182.8×
17 Apr 2026182.8×
24 Apr 2026182.8×
1 May 2026180.7×
8 May 2026153.7×
15 May 2026151.1×
22 May 2026175.0×
29 May 2026168.4×
5 Jun 2026157.9×
12 Jun 2026168.6×
18 Jun 2026173.5×
26 Jun 2026157.6×
2 Jul 2026163.5×
10 Jul 2026167.3×
17 Jul 2026162.0×
24 Jul 2026142.4×
31 Jul 2026132.1×
7 Aug 2026140.1×
14 Aug 2026133.2×
21 Aug 2026113.8×
28 Aug 2026118.8×
4 Sep 2026121.1×
11 Sep 2026124.2×
18 Sep 2026118.9×
25 Sep 2026121.3×
2 Oct 2026130.5×
9 Oct 2026121.5×
16 Oct 2026110.3×
23 Oct 2026110.4×
30 Oct 2026112.7×
4 Nov 2026108.9×

Earnings per share, 12 months

  • Earnings per share, 12 months $0.64
Earnings per share, 12 months
WeekEarnings per share, 12 months
1 Apr 2022–
8 Apr 2022–
14 Apr 2022–
22 Apr 2022–
29 Apr 2022–
6 May 2022–
13 May 2022–
20 May 2022–
27 May 2022–
3 Jun 2022–
10 Jun 2022–
17 Jun 2022–
24 Jun 2022$5.21
1 Jul 2022$5.21
8 Jul 2022$5.21
15 Jul 2022$5.21
22 Jul 2022$5.21
29 Jul 2022$5.21
5 Aug 2022$5.21
12 Aug 2022$5.21
19 Aug 2022$5.21
26 Aug 2022$5.21
2 Sep 2022$5.21
9 Sep 2022$5.21
16 Sep 2022$5.21
23 Sep 2022$5.21
30 Sep 2022$5.09
7 Oct 2022$5.09
14 Oct 2022$5.09
21 Oct 2022$5.09
28 Oct 2022$5.09
4 Nov 2022$5.09
11 Nov 2022$5.09
18 Nov 2022$5.09
25 Nov 2022$5.09
2 Dec 2022$5.09
9 Dec 2022$5.09
16 Dec 2022$5.09
23 Dec 2022$5.09
30 Dec 2022$5.09
6 Jan 2023$5.09
13 Jan 2023$5.09
20 Jan 2023$5.09
27 Jan 2023$5.09
3 Feb 2023$5.09
10 Feb 2023$5.09
17 Feb 2023$5.09
24 Feb 2023$5.09
3 Mar 2023$5.09
10 Mar 2023$5.09
17 Mar 2023$5.09
24 Mar 2023$5.09
31 Mar 2023$1.92
6 Apr 2023$1.92
14 Apr 2023$1.92
21 Apr 2023$1.92
28 Apr 2023$1.92
5 May 2023$1.92
12 May 2023$1.92
19 May 2023$1.92
26 May 2023$1.92
2 Jun 2023$1.92
9 Jun 2023$1.92
16 Jun 2023$1.92
23 Jun 2023$1.92
30 Jun 2023$2.13
7 Jul 2023$2.13
14 Jul 2023$2.13
21 Jul 2023$2.13
28 Jul 2023$2.13
4 Aug 2023$2.13
11 Aug 2023$2.13
18 Aug 2023$2.13
25 Aug 2023$2.13
1 Sep 2023$2.13
8 Sep 2023$2.13
15 Sep 2023$2.13
22 Sep 2023$2.13
29 Sep 2023$2.13
6 Oct 2023$2.13
13 Oct 2023$2.13
20 Oct 2023$2.13
27 Oct 2023$2.13
3 Nov 2023$2.13
10 Nov 2023$2.13
17 Nov 2023$2.13
24 Nov 2023$2.13
1 Dec 2023$2.13
8 Dec 2023$2.13
15 Dec 2023$2.13
22 Dec 2023$2.13
29 Dec 2023$1.82
5 Jan 2024$1.82
12 Jan 2024$1.82
19 Jan 2024$1.82
26 Jan 2024$1.82
2 Feb 2024$1.82
9 Feb 2024$1.82
16 Feb 2024$1.82
23 Feb 2024$1.82
1 Mar 2024$1.82
8 Mar 2024$1.82
15 Mar 2024$1.82
22 Mar 2024$1.82
28 Mar 2024$4.62
5 Apr 2024$4.62
12 Apr 2024$4.62
19 Apr 2024$4.62
26 Apr 2024$4.62
3 May 2024$4.62
10 May 2024$4.62
17 May 2024$4.62
24 May 2024$4.62
31 May 2024$4.62
7 Jun 2024$4.62
14 Jun 2024$4.62
21 Jun 2024$4.62
28 Jun 2024$3.88
5 Jul 2024$3.88
12 Jul 2024$3.88
19 Jul 2024$3.88
26 Jul 2024$3.88
2 Aug 2024$3.88
9 Aug 2024$3.88
16 Aug 2024$3.88
23 Aug 2024$3.88
30 Aug 2024$3.88
6 Sep 2024$3.88
13 Sep 2024$3.88
20 Sep 2024$3.88
27 Sep 2024$3.02
4 Oct 2024$3.02
11 Oct 2024$3.02
18 Oct 2024$3.02
25 Oct 2024$3.02
1 Nov 2024$3.02
8 Nov 2024$3.02
15 Nov 2024$3.02
22 Nov 2024$3.02
29 Nov 2024$3.02
6 Dec 2024$3.02
13 Dec 2024$3.02
20 Dec 2024$3.02
27 Dec 2024$3.02
3 Jan 2025$3.02
10 Jan 2025$3.02
17 Jan 2025$3.02
24 Jan 2025$3.02
31 Jan 2025$3.02
3 Oct 2025$3.02
10 Oct 2025$3.02
17 Oct 2025$3.02
24 Oct 2025$3.02
31 Oct 2025$3.02
7 Nov 2025$3.02
14 Nov 2025$3.02
21 Nov 2025$3.02
28 Nov 2025$3.02
5 Dec 2025$3.02
12 Dec 2025$3.02
19 Dec 2025$3.02
26 Dec 2025$0.60
2 Jan 2026$0.60
9 Jan 2026$0.60
16 Jan 2026$0.60
23 Jan 2026$0.60
30 Jan 2026$0.60
6 Feb 2026$0.60
13 Feb 2026$0.60
20 Feb 2026$0.60
27 Feb 2026$0.60
6 Mar 2026$0.60
13 Mar 2026$0.60
20 Mar 2026$0.60
27 Mar 2026$0.73
2 Apr 2026$0.73
10 Apr 2026$0.73
17 Apr 2026$0.73
24 Apr 2026$0.73
1 May 2026$0.73
8 May 2026$0.73
15 May 2026$0.73
22 May 2026$0.73
29 May 2026$0.73
5 Jun 2026$0.73
12 Jun 2026$0.73
18 Jun 2026$0.73
26 Jun 2026$0.68
2 Jul 2026$0.68
10 Jul 2026$0.68
17 Jul 2026$0.68
24 Jul 2026$0.68
31 Jul 2026$0.68
7 Aug 2026$0.68
14 Aug 2026$0.68
21 Aug 2026$0.68
28 Aug 2026$0.68
4 Sep 2026$0.68
11 Sep 2026$0.68
18 Sep 2026$0.68
25 Sep 2026$0.64
2 Oct 2026$0.64
9 Oct 2026$0.64
16 Oct 2026$0.64
23 Oct 2026$0.64
30 Oct 2026$0.64
4 Nov 2026$0.64
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 4.6 years of history; short peaks above 183× are drawn at the top edge.

PEG 3.29 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 3.29×
  • PEG = 1.0 1.00×
PEG 3.29 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Sep 20210.88×1.00×
Dec 20211.17×1.00×
Mar 20221.05×1.00×
Jun 20223.77×1.00×
Sep 20223.24×1.00×
Dec 20226.00×1.00×
Mar 20235.04×1.00×
Jun 20232.86×1.00×
Sep 20232.60×1.00×
Dec 20235.02×1.00×
Mar 20246.00×1.00×
Jun 20246.00×1.00×
Sep 20246.00×1.00×
Dec 20246.00×1.00×
Mar 20252.73×1.00×
Jun 20256.00×1.00×
Sep 20256.00×1.00×
Dec 20256.00×1.00×
Mar 20261.43×1.00×
Jun 20263.29×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 20 quarters; values above 6 are drawn at the top edge.
74.6×P/E · too little history to compare
1.38PEG · today, as reported

Where the price move came from: over 3 years the price moved −8.6% a year; about −29.3% a year came from earnings growth and about +20.7 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Is the IPG Photonics business getting better or worse?

IPG Photonics Corporation's business is getting worse. Profit and EPS growth are shrinking: profit growth is −253.1% in the latest quarter, against +99.1% at its best in 12 quarters, with ROCE steady at 1.7%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +2.7% in FY25

  • Revenue growth 2.7%
Growth year by year: revenue +2.7% in FY25
QuarterRevenue growth
FY21–
FY22−2.1%
FY23−9.9%
FY24−24.1%
FY252.7%

Profit growth, EPS growth

  • Profit growth −182.9%
  • EPS growth −188.4%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22−60.5%−58.1%
FY2399.1%114.4%
FY24−182.9%−188.4%
FY25––
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue accelerating

  • Revenue 13%
Three growth lines over twelve quarters: revenue accelerating
QuarterRevenue
Sep 2023−9.5%
Dec 2023−9.9%
Mar 2024−15.2%
Jun 2024−19%
Sep 2024−21.2%
Dec 2024−24.1%
Mar 2025−20.1%
Jun 2025−14.8%
Sep 2025−7.5%
Dec 20252.7%
Mar 20269.3%
Jun 202613%

Profit, EPS

  • Profit −253.1%
  • EPS −262.4%
Profit, EPS
QuarterProfitEPS
Sep 2023−68.4%−64.2%
Dec 202399.1%134.1%
Mar 202482%101.8%
Jun 202432.9%41.5%
Sep 2024−274.9%−290.4%
Dec 2024−182.9%−190.4%
Mar 2025−210.4%−218.8%
Jun 2025−253.1%−262.4%
Sep 2025––
Dec 2025––
Mar 2026––
Jun 2026––
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 1.7%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 20237.2%
Dec 20239.4%
Mar 20247.2%
Jun 20244.7%
Sep 2024–
Dec 2024–
Mar 2025–
Jun 2025–
Sep 20251.4%
Dec 20251.1%
Mar 20261.1%
Jun 20261.7%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
FlatRevenue growth · latest +13.0%, range −24.1% to +13.0%
FallingProfit growth · latest −253.1%, range −274.9% to +99.1%
FallingEPS growth · latest −262.4%, range −290.4% to +134.1%
Stuck lowROCE · latest 1.7%, range 1.1% to 9.4%

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+2.7%−11.1%——
Profit—−34.4%——
EPS—−30.3%——
Stock price−20.3%−8.6%−16.4%−2.9%
+11.1%Revenue growth (Jun 2026) · latest quarter against a year ago
−20.6%Profit growth (Jun 2026) · latest quarter against a year ago
−9.0%Revenue, 4 years · yearly growth over the long run

How much does IPG Photonics earn on its capital?

IPG Photonics Corporation earned a ROE of 2% in FY25. That is up from a low of −9% in FY24. Its return on capital used (ROIC) is 6.0 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

It comes from a 3.1% net margin and 0.41× asset turnover (sales divided by assets).

Why the return is what it is (FY25): a 3.1% net margin × 0.41× asset turnover × 1.14× leverage (assets divided by equity) ≈ 1.4% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 3.5% − 9.5% = −6.0 percentage points. The 9.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 3.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 1.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROE 2%, the climb back from FY24's −9%

  • ROE 1.5%
  • ROIC (annual) 1.3%
  • Cost of capital 9.5%
FY25: ROE 2%, the climb back from FY24's −9%
QuarterROEROIC (annual)Cost of capital
FY2110.1%20.9%9.5%
FY224.6%11%9.5%
FY239.1%14.7%9.5%
FY24−9%1.2%9.5%
FY251.5%1.3%9.5%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 9.5% cost of capital used on this page.

Jun 2026: ROIC 1.5% (last 12 months) against a 9.5% cost of capital

  • ROIC (12 months) 1.5%
  • ROE (12 months) 0.3%
  • Cost of capital 9.5%
Jun 2026: ROIC 1.5% (last 12 months) against a 9.5% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Sep 202311.1%10.5%9.5%
Dec 202310.5%9.2%9.5%
Mar 202414.1%6.9%9.5%
Jun 202410.8%4.1%9.5%
Sep 20247.5%3.5%9.5%
Dec 20241.7%−42.8%9.5%
Mar 2025−0.2%1.5%9.5%
Jun 2025−0.9%0.7%9.5%
Sep 2025−1.7%1.3%9.5%
Dec 20251.1%1.4%9.5%
Mar 20261.2%2.5%9.5%
Jun 20261.5%0.3%9.5%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does IPG Photonics have too much debt?

IPG Photonics Corporation has total debt of $16.3 M against shareholder equity of $2.1 B as of Jun 2026, so its debt is 0.01× its equity, which is very little. Year by year, that ratio went from 0.02 in FY21 to 0.01 in FY25. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $17.3 M, 0.01× equity

  • Total debt $17.3 M
FY25: debt $17.3 M, 0.01× equity
QuarterTotal debt
FY21$58.4 M
FY22$38.1 M
FY23$18.3 M
FY24$18.0 M
FY25$17.3 M

Debt-to-equity

  • Debt-to-equity 0.01×
Debt-to-equity
QuarterDebt-to-equity
FY210.02×
FY220.02×
FY230.01×
FY240.01×
FY250.01×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $16.3 M, debt-to-equity 0.01

  • Total debt (quarterly) $16.3 M
Jun 2026: debt $16.3 M, debt-to-equity 0.01
QuarterTotal debt (quarterly)
Sep 2023$17.6 M
Dec 2023$18.3 M
Mar 2024$18.9 M
Jun 2024$17.4 M
Sep 2024$16.5 M
Dec 2024$18.0 M
Mar 2025$16.3 M
Jun 2025$16.9 M
Sep 2025$17.4 M
Dec 2025$17.3 M
Mar 2026$16.3 M
Jun 2026$16.3 M

Debt-to-equity

  • Debt-to-equity 0.01×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.01×
Dec 20230.01×
Mar 20240.01×
Jun 20240.01×
Sep 20240.01×
Dec 20240.01×
Mar 20250.01×
Jun 20250.01×
Sep 20250.01×
Dec 20250.01×
Mar 20260.01×
Jun 20260.01×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the IPG Photonics shareholding pattern?

14.1% of IPG Photonics Corporation's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 9.4 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

14.1%Short interest · of the tradable float
9.4Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is IPG Photonics from balance-sheet trouble?

For IPG Photonics Corporation, the Z-score is 10.47. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 10.47 is well clear of the danger zone, so the balance sheet is not the risk here.

How does IPG Photonics rank in its industry?

49.3 out of 100, rank 15 of 29 in Semiconductor Equipment & Materials, with 74% of the evidence available.

IPG Photonics Corporation scores 49.3 out of 100 against the 29 companies it is compared with in Semiconductor Equipment & Materials, ranking 15. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 20.4 + 7.9 + 13.6 + 7.4 = 49.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is IPG Photonics compared with?

IPG Photonics ranks 15 of 29 Semiconductor Equipment & Materials companies on the 4-Factor Sector Score, with 49.3 out of 100.

  1. 1ASML Holding N.V.ASML · quiet · Most evidence points up · 85% evidence76.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.6/35 · Revenue 22.5% · Profit 42.4% · Operating margin change 11.6 points · 95% evidenceCapital efficiency 21.0/25 · ROCE 44.7% · Operating margin 44.4% · 76% evidenceValuation 13.2/20 · P/E 43.3× · PEG 0.97 · 65% evidenceRelative strength 16.4/20 · Lead over its industry 8.1% · Lead over S&P 500 -6.1% · 1 year 47.1% · 100% evidence · 1 of 12 weeks aheadExact sum: 25.6 + 21 + 13.2 + 16.4 = 76.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Lam Research CorporationLRCX · quiet · Most evidence points up · 85% evidence71.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 29.2/35 · Revenue 33.4% · Profit 45.4% · Operating margin change 5.6 points · 95% evidenceCapital efficiency 21.4/25 · ROCE 50.7% · Operating margin 40% · 76% evidenceValuation 13.0/20 · P/E 46.7× · PEG 0.97 · 65% evidenceRelative strength 8.2/20 · Lead over its industry -6% · Lead over S&P 500 -20% · 1 year 39% · 100% evidence · 0 of 12 weeks aheadExact sum: 29.2 + 21.4 + 13 + 8.2 = 71.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Teradyne, Inc.TER · losing its lead · Most evidence points up · 81% evidence67.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 31.0/35 · Revenue 57.8% · Profit 100% · Operating margin change 18.9 points · 83% evidenceCapital efficiency 20.4/25 · ROCE 36.7% · Operating margin 33.2% · 76% evidenceValuation 11.8/20 · P/E 59.5× · PEG 1.03 · 65% evidenceRelative strength 4.5/20 · Lead over its industry -12% · Lead over S&P 500 -25.4% · 1 year 37.8% · 100% evidence · 2 of 12 weeks aheadExact sum: 31 + 20.4 + 11.8 + 4.5 = 67.7 · What this means: Earnings are strong; relative strength in its sector is -12% and the one-year return is 37.8%.
  4. 4KLA CorporationKLAC · quiet · Evidence leans up · 85% evidence63.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.3/35 · Revenue 15.8% · Profit 24.1% · Operating margin change 3.3 points · 95% evidenceCapital efficiency 21.1/25 · ROCE 44.7% · Operating margin 45% · 76% evidenceValuation 8.7/20 · P/E 48.4× · PEG 1.91 · 65% evidenceRelative strength 11.1/20 · Lead over its industry -3.7% · Lead over S&P 500 -17.2% · 1 year 25.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 22.3 + 21.1 + 8.7 + 11.1 = 63.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Kulicke and Soffa Industries, Inc.KLIC · quiet · Evidence leans up · 64% evidence60.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.1/35 · Revenue 44.8% · Profit 100% · Operating margin change 20 points · 62% evidenceCapital efficiency 14.3/25 · ROCE 12.5% · Operating margin 20.7% · 76% evidenceValuation 10.1/20 · P/E 54.9× · PEG — · 15% evidenceRelative strength 11.5/20 · Lead over its industry -2.2% · Lead over S&P 500 -17.8% · 1 year 78.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.1 + 14.3 + 10.1 + 11.5 = 60 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Applied Materials, Inc.AMAT · quiet · Evidence leans up · 85% evidence58.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.8/35 · Revenue 7.8% · Profit 35.6% · Operating margin change 3.1 points · 95% evidenceCapital efficiency 20.1/25 · ROCE 29% · Operating margin 33.7% · 76% evidenceValuation 11.4/20 · P/E 45.9× · PEG 1.21 · 65% evidenceRelative strength 9.9/20 · Lead over its industry 0.7% · Lead over S&P 500 -14.5% · 1 year 60.5% · 100% evidence · 1 of 12 weeks aheadExact sum: 16.8 + 20.1 + 11.4 + 9.9 = 58.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Cohu, Inc.COHU · losing its lead · Evidence leans up · 64% evidence55.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.4/35 · Revenue 32.5% · Profit — · Operating margin change 15.4 points · 62% evidenceCapital efficiency 4.8/25 · ROCE -2.9% · Operating margin 0.6% · 76% evidenceValuation 10.8/20 · P/E 27.1× · PEG — · 15% evidenceRelative strength 16.7/20 · Lead over its industry 16.7% · Lead over S&P 500 -2.3% · 1 year 83.8% · 100% evidence · 3 of 12 weeks aheadExact sum: 23.4 + 4.8 + 10.8 + 16.7 = 55.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8FormFactor, Inc.FORM · losing its lead · Evidence leans up · 81% evidence55.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 28.3/35 · Revenue 18.1% · Profit 100% · Operating margin change 17.8 points · 83% evidenceCapital efficiency 15.8/25 · ROCE 12.7% · Operating margin 24.1% · 76% evidenceValuation 4.6/20 · P/E 88.3× · PEG 4.6 · 65% evidenceRelative strength 6.6/20 · Lead over its industry -6.7% · Lead over S&P 500 -21.7% · 1 year 63.1% · 100% evidence · 2 of 12 weeks aheadExact sum: 28.3 + 15.8 + 4.6 + 6.6 = 55.3 · What this means: Earnings are strong; relative strength in its sector is -6.7% and the one-year return is 63.1%.
  9. 9Amkor Technology, Inc.AMKR · quiet · Evidence leans up · 81% evidence54.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.8/35 · Revenue 17.9% · Profit 82.9% · Operating margin change 4.4 points · 83% evidenceCapital efficiency 12.4/25 · ROCE 8.5% · Operating margin 10.5% · 76% evidenceValuation 14.8/20 · P/E 38.5× · PEG 0.68 · 65% evidenceRelative strength 2.8/20 · Lead over its industry -27% · Lead over S&P 500 -37.5% · 1 year 2.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.8 + 12.4 + 14.8 + 2.8 = 54.8 · What this means: Earnings are strong; relative strength in its sector is -27% and the one-year return is 2.5%.
  10. 10Photronics, Inc.PLAB · quiet · Evidence leans up · 85% evidence53.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.2/35 · Revenue 1.3% · Profit 51.4% · Operating margin change -1.8 points · 95% evidenceCapital efficiency 15.2/25 · ROCE 10.9% · Operating margin 21.1% · 76% evidenceValuation 16.0/20 · P/E 10.8× · PEG 0.43 · 65% evidenceRelative strength 8.5/20 · Lead over its industry -14.7% · Lead over S&P 500 -24.7% · 1 year 26.1% · 100% evidence · 1 of 12 weeks aheadExact sum: 14.2 + 15.2 + 16 + 8.5 = 53.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  11. 11Qnity Electronics, Inc.Q · quiet · Evidence leans up · 65% evidence53.2out of 100GrowthCapitalValuationRelative
  12. 12Entegris, Inc.ENTG · losing its lead · Evidence leans up · 81% evidence52.9out of 100GrowthCapitalValuationRelative
  13. 13InTest CorporationINTT · turning · Evidence leans up · 64% evidence52.5out of 100GrowthCapitalValuationRelative
  14. 14AXT, Inc.AXTI · losing its lead · Evidence leans up · 64% evidence51.0out of 100GrowthCapitalValuationRelative
  15. 15IPG Photonics Corporation this pageIPGP · basing · Evidence leans down · 74% evidence49.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.4/35 · Revenue 13% · Profit — · Operating margin change 4.6 points · 62% evidenceCapital efficiency 7.9/25 · ROCE 1.7% · Operating margin 5.9% · 76% evidenceValuation 13.6/20 · P/E 180.7× · PEG 0.65 · 65% evidenceRelative strength 7.4/20 · Lead over its industry -23.4% · Lead over S&P 500 -32.4% · 1 year -20.3% · 100% evidence · 0 of 12 weeks aheadExact sum: 20.4 + 7.9 + 13.6 + 7.4 = 49.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  16. 16Ambarella, Inc.AMBA · quiet · Evidence leans down · 67% evidence49.3out of 100GrowthCapitalValuationRelative
  17. 17Amtech Systems, Inc.ASYS · quiet · Evidence leans down · 64% evidence44.8out of 100GrowthCapitalValuationRelative
  18. 18Nova Ltd.NVMI · basing · Evidence leans down · 81% evidence44.4out of 100GrowthCapitalValuationRelative
  19. 19Onto Innovation Inc.ONTO · quiet · Too little evidence to rank firmly · 56% evidence41.0out of 100GrowthCapitalValuationRelative
  20. 20Aehr Test Systems, Inc.AEHR · losing its lead · Evidence leans down · 64% evidence40.6out of 100GrowthCapitalValuationRelative
  21. 21ACM Research, Inc.ACMR · quiet · Evidence leans down · 81% evidence39.5out of 100GrowthCapitalValuationRelative
  22. 22Camtek Ltd.CAMT · quiet · Evidence leans down · 81% evidence38.5out of 100GrowthCapitalValuationRelative
  23. 23Veeco Instruments Inc.VECO · quiet · Evidence leans down · 81% evidence37.7out of 100GrowthCapitalValuationRelative
  24. 24Axcelis Technologies, Inc.ACLS · quiet · Evidence leans down · 81% evidence37.3out of 100GrowthCapitalValuationRelative
  25. 25Ichor Holdings, Ltd.ICHR · quiet · Most evidence points down · 64% evidence34.7out of 100GrowthCapitalValuationRelative
  26. 26Daqo New Energy Corp.DQ · quiet · Most evidence points down · 64% evidence34.3out of 100GrowthCapitalValuationRelative
  27. 27Ultra Clean Holdings, Inc.UCTT · quiet · Most evidence points down · 64% evidence34.1out of 100GrowthCapitalValuationRelative
  28. 28Trio-Tech InternationalTRT · Too little evidence to rank firmly · 0% evidence50.0out of 100GrowthCapitalValuationRelative
  29. 29Atomera IncorporatedATOM · quiet · Too little evidence to rank firmly · 49% evidence38.3out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Semiconductor Equipment & Materials, all 29 compared on one page.

Which companies are close to IPG Photonics in size?

IPG Photonics is the 16th largest of 26 Semiconductor Equipment & Materials companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Kulicke and Soffa Industries, Inc., ACM Research, Inc. and AXT, Inc. Just below it: Axcelis Technologies, Inc., Ambarella, Inc. and Veeco Instruments Inc.

Semiconductor Equipment & Materials companies close in size

  1. Kulicke and Soffa Industries, Inc. $3.6 billion
  2. ACM Research, Inc. $3.1 billion
  3. AXT, Inc. $3.1 billion
  4. IPG Photonics Corporation $3 billion
  5. Axcelis Technologies, Inc. $2.8 billion
  6. Ambarella, Inc. $2.7 billion
  7. Veeco Instruments Inc. $2.2 billion

All 26 Semiconductor Equipment & Materials companies, largest first

Companies close in size in other industries

  1. SiriusPoint Ltd. $3 billion · Insurance - Reinsurance
  2. Extreme Networks, Inc. $3 billion · Communication Equipment
  3. IPG Photonics Corporation $3 billion
  4. Versigent PLC $3 billion · Auto Parts
  5. Cipher Digital Inc. $3 billion · Information Technology Services

What else do people ask about IPG Photonics?

What is IPG Photonics's stock price today?

IPG Photonics Corporation's stock price is $70.11, −20.3% over the past year. The whole company is worth $3.0 B on the market. It is at its lowest price of the past 52 weeks (range $70 to $154), 30.7% below its 200-day average.

The price has been moving sideways for 16 weeks (as of 4 November 2026).

What were IPG Photonics's latest quarterly results?

IPG Photonics Corporation reported revenue of $279 M and net profit of $5.2 M for the Jun 2026 quarter. Revenue rose 11.1% and profit fell 20.6% compared with a year earlier. Earnings per share were $0.12.

The operating margin was 5.9%, 4.6 percentage points higher than a year earlier (as of 4 November 2026).

What is IPG Photonics's market cap?

IPG Photonics Corporation's market capitalisation is $3.0 B at a stock price of $70.11. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is IPG Photonics performing?

IPG Photonics Corporation's share price has been moving sideways for 16 weeks. In its latest quarter, revenue rose 11.1% and profit fell 20.6% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 27 weeks running (as of 4 November 2026).

Will IPG Photonics's stock price go up?

This page does not forecast IPG Photonics Corporation's stock price. What it shows instead: the stock price is $70.11, and it has been moving sideways for 16 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Where is IPG Photonics in its business cycle?

IPG Photonics Corporation's FY25 operating margin was 2.3%, against a 5-year range of 1.5% to 24.1%: the low end of its own range, which is often where recoveries start. The latest quarter was 5.9%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the IPG Photonics story?

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is IPG Photonics a stock worth studying right now?

What the numbers show: IPG Photonics Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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