IPG Photonics (IPGP) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.61
- Estimate
- $0.49
- Surprise
- +24.1%
- Revenue (period 2026-09-30)
- $287.5M
- Score today
- 5.7/10
Revenue source: xbrl.
How the report landed
IPG Photonics (IPGP) beat the $0.49 estimate with adjusted EPS of $0.61 — a large 24.1% upside surprise.
Coverage in the report window
- IPG Photonics Reports Third Quarter 2026 Financial Results — fiscal.ai, 2026-11-03
- IPG Photonics Sees Q4 Adj EPS $0.30-$0.60 vs $0.46 Est; Sees Sales $265.000M-$295.000M vs $290.520M Est — benzinga, 2026-11-03
- IPG Photonics Q3 Adj. EPS $0.61 Beats $0.46 Estimate, Sales $287.500M Beat $283.324M Estimate — benzinga, 2026-11-03
Where TrendMatrix's rating stands now
TrendMatrix currently rates IPGP Sell at 5.7/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's +24.1% surprise compares with a +37.9% four-quarter average.
What supports the rating
- Strong earnings beat streak (3/4)
- Strong growth profile
What argues against it
- Concentration risk — Product: materials processing (86.0%)
- Concentration risk — Supplier: single manufacturing facility for diodes
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.7)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $74.42
- Price target
- $108.00
- Stop
- $69.21
- Upside to target
- +45.1%
- Reward-to-risk
- 5.1:1
The stock trades at 79.2× trailing but 31.1× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 1.8× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-04 — shown for context, not personalized investment advice.
IPGP at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductor Equipment & Materials
- Market cap
- $3.16B
- P/E (fwd)
- 31.1
- P/E (ttm)
- 79.2
- 52-week range
- $68.27–$155.82
- Off 52-week high
- 52.2%
- RSI (14)
- 52
- Volume vs avg
- 1.80×
- Score today
- 5.7/10