LightPath:HC Wainwright Raises Buy Rating to $6, PT Previously $5.
ByAinvest
Thursday, Aug 28, 2025 6:46 am ET1min read
LPTH--
The latest news comes as HC Wainwright & Co. has upgraded its rating for LightPath Technologies from a "buy" to a "strong buy" with a price target of $6.00, up from the previous target of $5.00. The firm's analysts have cited strong revenue growth prospects and robust earnings expectations as the primary drivers behind the upgrade.
Analysts have been generally positive about LightPath Technologies, with four out of five analysts rating the stock as a "buy" and one rating it as a "hold." The consensus rating is a "moderate buy" with an average target price of $4.88.
The company's financial metrics also reflect a positive outlook. LightPath Technologies has a quick ratio of 1.26, a current ratio of 2.30, and a debt-to-equity ratio of 0.33. Institutional investors hold 56.29% of the company's stock, indicating strong confidence in the company's future prospects.
However, it is essential to note that the stock's price-to-sales (P/S) ratio stands at 5.1x, which is significantly higher than the industry average of 2.4x. This high P/S ratio suggests that investors are anticipating substantial future revenue growth to justify the stock's valuation.
Investors should closely monitor LightPath Technologies' earnings reports and analyst estimates to gauge the validity of the high P/S ratio and the stock's valuation. The company's ability to meet or exceed analysts' expectations will be crucial in maintaining the stock's upward momentum.
References:
[1] Simply Wall St. (2025, August 23). LightPath Technologies, Inc. (NASDAQ:LPTH) - Just Right With a 26% Gain in the Last Month Alone. Retrieved from https://simplywall.st/stocks/us/tech/nasdaq-lpth/lightpath-technologies/news/lightpath-technologies-inc-nasdaqlpth-looks-just-right-with
[2] MarketBeat. (2025, August 26). LightPath Technologies (NASDAQ:LPTH) Stock Price Passes Above 200-Day Moving Average. Retrieved from https://www.marketbeat.com/instant-alerts/lightpath-technologies-nasdaqlpth-stock-price-passes-above-200-day-moving-average-should-you-sell-2025-08-26/
LightPath:HC Wainwright Raises Buy Rating to $6, PT Previously $5.
LightPath Technologies Inc. (NASDAQ:LPTH) shares have continued their upward trajectory, with the stock price surging above its 200-day moving average. The stock, which traded at $4.50 during Monday's session, has seen a significant increase, reaching a high of $4.82 and surpassing its 200-day moving average of $2.69. This move signals a strong bullish trend for the stock.The latest news comes as HC Wainwright & Co. has upgraded its rating for LightPath Technologies from a "buy" to a "strong buy" with a price target of $6.00, up from the previous target of $5.00. The firm's analysts have cited strong revenue growth prospects and robust earnings expectations as the primary drivers behind the upgrade.
Analysts have been generally positive about LightPath Technologies, with four out of five analysts rating the stock as a "buy" and one rating it as a "hold." The consensus rating is a "moderate buy" with an average target price of $4.88.
The company's financial metrics also reflect a positive outlook. LightPath Technologies has a quick ratio of 1.26, a current ratio of 2.30, and a debt-to-equity ratio of 0.33. Institutional investors hold 56.29% of the company's stock, indicating strong confidence in the company's future prospects.
However, it is essential to note that the stock's price-to-sales (P/S) ratio stands at 5.1x, which is significantly higher than the industry average of 2.4x. This high P/S ratio suggests that investors are anticipating substantial future revenue growth to justify the stock's valuation.
Investors should closely monitor LightPath Technologies' earnings reports and analyst estimates to gauge the validity of the high P/S ratio and the stock's valuation. The company's ability to meet or exceed analysts' expectations will be crucial in maintaining the stock's upward momentum.
References:
[1] Simply Wall St. (2025, August 23). LightPath Technologies, Inc. (NASDAQ:LPTH) - Just Right With a 26% Gain in the Last Month Alone. Retrieved from https://simplywall.st/stocks/us/tech/nasdaq-lpth/lightpath-technologies/news/lightpath-technologies-inc-nasdaqlpth-looks-just-right-with
[2] MarketBeat. (2025, August 26). LightPath Technologies (NASDAQ:LPTH) Stock Price Passes Above 200-Day Moving Average. Retrieved from https://www.marketbeat.com/instant-alerts/lightpath-technologies-nasdaqlpth-stock-price-passes-above-200-day-moving-average-should-you-sell-2025-08-26/
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