IPG Photonics Corporation logo IPGP - IPG Photonics Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 16
HOLD 10
SELL 1
STRONG
SELL
0
| PRICE TARGET: $151.50 DETAILS
HIGH: $180.00
LOW: $110.00
MEDIAN: $158.00
CONSENSUS: $151.50
UPSIDE: 48.12%

About IPG Photonics Corporation (https://www.ipgphotonics.com)

Established in 1990 and headquartered in Oxford, Massachusetts, IPG Photonics Corporation is a leading global developer and manufacturer of high-performance fiber, diode, and hybrid fiber-solid state lasers, along with fiber amplifiers. These advanced laser systems are primarily utilized across a wide range of materials processing applications worldwide. The company's extensive product portfolio encompasses a diverse array of laser types, including hybrid fiber-solid state lasers (offering green and UV wavelengths), fiber-pigtailed packaged diodes, fiber-coupled direct diode systems, high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization/single-frequency models. Complementing these are essential accessories such as high-power optical fiber delivery cables, couplers, beam switches, chillers, and scanners. IPG Photonics also offers a comprehensive range of fiber amplifiers, including erbium-doped, Raman, ytterbium, and thulium specialty types, alongside broadband light sources, which are crucial for integrated communication systems and broadband networks. Furthermore, the company develops integrated laser systems for specialized tasks, such as 2D compact flat sheet cutting, multi-axis operations, precision welding (e.g., the welding seam stepper and picker), and other high-precision or bespoke laser applications. It extends its offerings to optical transceiver and transponder modules, critical for interconnecting electronic equipment like Ethernet switches, IP routers, and DWDM/SONET/SDH optical transport modules within telecommunications, cable multi-system operator, and data center networking environments. Beyond materials processing, IPG Photonics' innovative lasers and amplifiers find diverse utility in communications, medical technology, and various other cutting-edge fields. The company markets its products to a broad customer base, including original equipment manufacturers (OEMs), system integrators, and direct end-users, leveraging its dedicated direct sales force alongside a global network of independent sales representatives and distributors.

Key Executives

NAME TITLE DOB SALARY
Mark Milton Gitin Chief Executive Officer & Director 1967 $2,071,500 USD
Eugene A. Scherbakov Director & Advisor 1948 $1,104,979 USD
Timothy V. Mammen Senior Vice President & Chief Financial Officer 1970 $1,043,683 USD
Trevor D. Ness Senior Vice President & Chief Revenue Officer 1973 $970,719 USD
Angelo Lopresti Senior Vice President, General Counsel & Secretary 1964 $939,673 USD
Paulus Bucher Senior Vice President of Global Operations 1967 $778,468 USD
Igor Samartsev Senior Vice President & Chief Scientist 1963 $560,763 USD
Eugene Fedotoff Senior Director of Investor Relations
Jennifer Kartono Senior Vice President & Chief Human Resources Officer 1970
Mary E. Buttarazzi Vice President, Corporate Controller, Chief Accounting Officer & Principal Accounting Officer 1976

Company Peers

Peer analysis pending, check back in 1-2 minutes.