IPGP IPG Photonics Corp

$IPGP beaten down photonics stock, on key levels. $IPGP is a photonics gem building high performance fiber lasers used in manufacturing, EV batteries, semiconductors, medical devices and defense. Revenue is already reaccelerating For $85+ to become fair value, IPGP needs sustained industrial recovery, stronger battery/semiconductor demand, expanding margins and continued growth in medical and defense. With $800M+ in cash and no debt, a return to consistent profitable growth could drive a meaningful rerating.

$IPGP A week ago I said “ Get ready” , shares were about $71.50/$72.00 Now earnings are about a week away, they could help show how the photonic industry is recovering after a sharp pullback. Short interest is up, so depending on results, volatility is expected to, up I hope. Corning reporting today , will give some guidance on the industry in general.