LightPath Technologies, Inc. (LPTH)Technology | Electronic Components | Orlando, United States | NasdaqCM
8.96 USD
+0.13
(1.456%)
⇧
(Oct. 13, 2026, 3:30 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 2:10 a.m. EDT
The investment case for LightPath remains fractured despite a spectacular multi-year price recovery. Fundamentally, the business is still bleeding cash with negative operating margins and a forward P/E that implies massive growth expectations not yet realized in earnings. While the company is executing strategic moves like selling non-core assets to preserve liquidity, the core operations remain unprofitable, capping the long-term rating at neutral. The recent price action shows a sharp decoupling from fundamentals, driven by a massive spike in revenue growth that analysts are now lifting estimates for, but the balance sheet remains fragile. On the short end, the options market is split; heavy OTM call buying suggests a dream scenario where the stock doubles, while deep OTM puts suggest a fear of a collapse to half its current price. With the statistical forecast showing no clear edge and the company still burning cash, there is no compelling thesis to enter a position aggressively right now. The market is waiting for proof that the turnaround is real, not just a one-time accounting event. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.136561 |
| AutoETS | 0.138313 |
| MSTL | 0.140309 |
| AutoTheta | 0.142948 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 0.46 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.107 |
| Excess Kurtosis | -1.32 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 6.9 |
| Revenue per Share | 1.344 |
| Market Cap | 627,426,816 |
| Forward P/E | 81.44 |
| Beta | 1.38 |
| Profit Margins | -28.65% |
| Website | https://www.lightpath.com |
As of Oct. 10, 2026, 2:10 a.m. EDT: Speculators are positioning for continued volatility rather than a clear directional breakout. Call open interest is heavily skewed out-of-the-money (OTM) at strikes like 12.5 and 17.5, suggesting bets on a significant upside surge, while put open interest concentrates deeply OTM at strikes like 7.5 and 2.5, indicating a hedge against a crash to lower levels. The ATM skew shows elevated implied volatility across both sides, reflecting uncertainty about whether the recent rally can sustain or if the company will face further execution risks.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.1501444 |
| Address1 | 2,603 Challenger Tech Court |
| Address2 | Suite 100 |
| All Time High | 556.0 |
| All Time Low | 0.3 |
| Ask | 11.04 |
| Ask Size | 2 |
| Audit Risk | 9 |
| Average Analyst Rating | 1.2 - Strong Buy |
| Average Daily Volume10 Day | 2,501,770 |
| Average Daily Volume3 Month | 2,953,618 |
| Average Volume | 2,953,618 |
| Average Volume10Days | 2,501,770 |
| Beta | 1.383 |
| Bid | 8.9 |
| Bid Size | 1 |
| Board Risk | 3 |
| Book Value | 2.136 |
| City | Orlando |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 6 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 8.9586 |
| Current Ratio | 4.962 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 8.96 |
| Day Low | 8.55 |
| Debt To Equity | 6.9 |
| Display Name | LightPath |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,789,074,000 |
| Earnings Call Timestamp Start | 1,789,074,000 |
| Earnings Timestamp | 1,789,070,400 |
| Earnings Timestamp End | 1,794,513,600 |
| Earnings Timestamp Start | 1,794,513,600 |
| Ebitda | 855,453 |
| Ebitda Margins | 0.01193 |
| Enterprise To Ebitda | 637.147 |
| Enterprise To Revenue | 7.599 |
| Enterprise Value | 545,049,664 |
| Eps Current Year | -0.05 |
| Eps Forward | 0.11 |
| Eps Trailing Twelve Months | -0.38 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 11.238 |
| Fifty Day Average Change | -2.2793999 |
| Fifty Day Average Change Percent | -0.20282967 |
| Fifty Two Week Change Percent | -15.01444 |
| Fifty Two Week High | 18.94 |
| Fifty Two Week High Change | -9.9814005 |
| Fifty Two Week High Change Percent | -0.5270011 |
| Fifty Two Week Low | 5.83 |
| Fifty Two Week Low Change | 3.1286001 |
| Fifty Two Week Low Change Percent | 0.5366381 |
| Fifty Two Week Range | 5.83 - 18.94 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 824,999,400,000 |
| Float Shares | 69,292,467 |
| Forward Eps | 0.11 |
| Forward P E | 81.44182 |
| Free Cashflow | -5,036,406 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 414 |
| Fullday Change | 0.12860012 |
| Fullday Change Percent | 1.4564 |
| Fullday Price | 8.9586 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.35979 |
| Gross Profits | 25,804,792 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01076 |
| Held Percent Institutions | 0.79986 |
| Implied Shares Outstanding | 70,036,252 |
| Industry | Electronic Components |
| Industry Disp | Electronic Components |
| Industry Key | electronic-components |
| Ir Website | http://www.lightpath.com/investors/investor-relations.html |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,782,777,600 |
| Last Split Date | 1,046,736,000 |
| Last Split Factor | 1:8 |
| Long Business Summary | LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical systems and assemblies in the United States, the United Kingdom, Israel, China, Rest of Europe, Rest of Asia and internationally. It offers optical components, assemblies and sub-systems, including precision molded glass aspheric optics, thermal imaging assemblies, molded and diamond-turned infrared aspheric lenses, spherical lenses, and other optical components used in products that manipulate light; and infrared products, including catalog and custom infrared optics. The company also offers cooled and uncooled camera systems and modules for long range surveillance and detection, and engineering services. The company's products are used in defense products, border security, perimeter security, night vision systems, medical devices, laser aided industrial tools, automotive safety applications, telecommunications, machine vision and sensors, and other sectors. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida. |
| Long Name | LightPath Technologies, Inc. |
| Market | us_market |
| Market Cap | 627,426,816 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_351646 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -20,545,564 |
| Next Fiscal Year End | 1,814,313,600 |
| Non Diluted Market Cap | 710,867,957 |
| Number Of Analyst Opinions | 5 |
| Open | 8.62 |
| Operating Cashflow | -10,225,188 |
| Operating Margins | -0.050359998 |
| Overall Risk | 6 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.54 |
| Phone | 407 382 4003 |
| Previous Close | 8.83 |
| Price Eps Current Year | -179.172 |
| Price Hint | 2 |
| Price To Book | 4.1941013 |
| Price To Sales Trailing12 Months | 8.748027 |
| Profit Margins | -0.28646 |
| Quick Ratio | 4.138 |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.2 |
| Region | US |
| Regular Market Change | 0.12860012 |
| Regular Market Change Percent | 1.4564 |
| Regular Market Day High | 8.96 |
| Regular Market Day Low | 8.55 |
| Regular Market Day Range | 8.55 - 8.96 |
| Regular Market Open | 8.62 |
| Regular Market Previous Close | 8.83 |
| Regular Market Price | 8.9586 |
| Regular Market Time | 1,791,919,844 |
| Regular Market Volume | 2,567,835 |
| Return On Assets | -0.01898 |
| Return On Equity | -0.19731002 |
| Revenue Growth | 0.733 |
| Revenue Per Share | 1.344 |
| Sand P52 Week Change | 0.17502642 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 9 |
| Shares Outstanding | 70,036,252 |
| Shares Percent Shares Out | 0.1731 |
| Shares Short | 12,121,229 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 10,145,630 |
| Short Name | LightPath Technologies, Inc. |
| Short Percent Of Float | 0.17469999 |
| Short Ratio | 3.69 |
| Source Interval | 15 |
| State | FL |
| Symbol | LPTH |
| Target High Price | 17.0 |
| Target Low Price | 15.0 |
| Target Mean Price | 15.8 |
| Target Median Price | 15.5 |
| Total Cash | 93,204,656 |
| Total Cash Per Share | 1.331 |
| Total Debt | 10,927,540 |
| Total Revenue | 71,722,096 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.38 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 12.1786 |
| Two Hundred Day Average Change | -3.2200003 |
| Two Hundred Day Average Change Percent | -0.26439822 |
| Type Disp | Equity |
| Volume | 2,567,835 |
| Website | https://www.lightpath.com |
| Zip | 32,826 |