LightPath Technologies, Inc. (LPTH)Technology | Electronic Components | Orlando, United States | NasdaqCM
11.03 USD
-0.71
(-6.048%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 10.98 -0.05 (-0.050%) ⇩ (July 13, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 4:20 a.m. EDT
The investment case here is defined by a stark disconnect between the company's operational reality and its recent market performance. Fundamentally, LightPath is in distress: it is burning cash with negative operating margins, generating negative free cash flow, and trading at a forward P/E of over 90x despite having no earnings yet. The balance sheet shows significant debt relative to equity, and the lack of dividends confirms this is purely a growth speculation. While the stock has rallied nearly 100% over the last nine years, the most recent annual data point shows a massive spike in revenue growth, which likely fueled the recent price surge. However, the statistical forecast model offers almost no directional guidance, and the options market is hedging heavily against a crash while betting on a speculative pop. This is a high-risk, binary outcome play suitable only for aggressive traders willing to accept the possibility of total capital loss if the company fails to turn profitable soon. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.102471 |
| AutoETS | 0.103804 |
| AutoARIMA | 0.103805 |
| AutoTheta | 0.107548 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 0.19 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.479 |
| Excess Kurtosis | -0.84 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 10.031 |
| Revenue per Share | 1.311 |
| Market Cap | 692,567,168 |
| Forward P/E | 84.85 |
| Beta | 1.34 |
| Profit Margins | -37.38% |
| Website | https://www.lightpath.com |
As of July 11, 2026, 4:20 a.m. EDT: Speculators are positioning for a volatile rebound rather than a steady grind higher. Call open interest is heavily skewed out-of-the-money (OTM) at strikes like $15 and $20, indicating bets on a sharp breakout above current levels. However, put volume remains robust, particularly at lower strikes ($5-$10) and near-the-money, suggesting a 'straddle' strategy where traders expect significant movement in either direction. The dominance of OTM call OI suggests the market is pricing in a potential rally, but the heavy put floor implies deep skepticism about the sustainability of the recent price gains.
| Attribute | Value |
|---|---|
| 52 Week Change | 2.5468278 |
| Address1 | 2,603 Challenger Tech Court |
| Address2 | Suite 100 |
| All Time High | 556.0 |
| All Time Low | 0.3 |
| Ask | 13.87 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 3,527,760 |
| Average Daily Volume3 Month | 3,745,083 |
| Average Volume | 3,745,083 |
| Average Volume10Days | 3,527,760 |
| Beta | 1.344 |
| Bid | 8.37 |
| Bid Size | 2 |
| Book Value | 1.456 |
| City | Orlando |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 11.03 |
| Current Ratio | 3.855 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 11.65 |
| Day Low | 10.77 |
| Debt To Equity | 10.031 |
| Display Name | LightPath |
| Earnings Call Timestamp End | 1,778,187,600 |
| Earnings Call Timestamp Start | 1,778,187,600 |
| Earnings Timestamp | 1,778,184,000 |
| Earnings Timestamp End | 1,778,184,000 |
| Earnings Timestamp Start | 1,778,184,000 |
| Ebitda | -565,770 |
| Ebitda Margins | -0.00901 |
| Enterprise To Ebitda | -1,188.557 |
| Enterprise To Revenue | 10.713 |
| Enterprise Value | 672,449,664 |
| Eps Current Year | -0.03 |
| Eps Forward | 0.13 |
| Eps Trailing Twelve Months | -0.47 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.1404 |
| Fifty Day Average Change | -3.1104002 |
| Fifty Day Average Change Percent | -0.2199655 |
| Fifty Two Week Change Percent | 254.68279 |
| Fifty Two Week High | 18.94 |
| Fifty Two Week High Change | -7.910001 |
| Fifty Two Week High Change Percent | -0.41763467 |
| Fifty Two Week Low | 2.91 |
| Fifty Two Week Low Change | 8.12 |
| Fifty Two Week Low Change Percent | 2.7903779 |
| Fifty Two Week Range | 2.91 - 18.94 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 824,999,400,000 |
| Float Shares | 62,045,353 |
| Forward Eps | 0.13 |
| Forward P E | 84.84615 |
| Free Cashflow | 3,234,338 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 345 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.32101002 |
| Gross Profits | 20,149,938 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01135 |
| Held Percent Institutions | 0.61768 |
| Implied Shares Outstanding | 62,789,407 |
| 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 | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,751,241,600 |
| 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. It offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, spherical lenses, and other optical components used to produce 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. It sells its products directly to customers in Europe and Asia. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida. |
| Long Name | LightPath Technologies, Inc. |
| Market | us_market |
| Market Cap | 692,567,168 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_351646 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -23,460,678 |
| Next Fiscal Year End | 1,782,777,600 |
| Non Diluted Market Cap | 737,147,638 |
| Number Of Analyst Opinions | 4 |
| Open | 11.39 |
| Operating Cashflow | -7,766,522 |
| Operating Margins | -0.04486 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.54 |
| Phone | 407 382 4003 |
| Post Market Change | -0.05000019 |
| Post Market Change Percent | -0.4533109 |
| Post Market Price | 10.98 |
| Post Market Time | 1,783,987,064 |
| Previous Close | 11.74 |
| Price Eps Current Year | -367.66666 |
| Price Hint | 2 |
| Price To Book | 7.5755496 |
| Price To Sales Trailing12 Months | 11.033491 |
| Profit Margins | -0.37375998 |
| Quick Ratio | 3.067 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.71 |
| Regular Market Change Percent | -6.0477 |
| Regular Market Day High | 11.65 |
| Regular Market Day Low | 10.77 |
| Regular Market Day Range | 10.77 - 11.65 |
| Regular Market Open | 11.39 |
| Regular Market Previous Close | 11.74 |
| Regular Market Price | 11.03 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 3,018,410 |
| Return On Assets | -0.028110001 |
| Return On Equity | -0.28785 |
| Revenue Growth | 1.089 |
| Revenue Per Share | 1.311 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 62,789,407 |
| Shares Percent Shares Out | 0.1287 |
| Shares Short | 8,081,283 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 6,493,811 |
| Short Name | LightPath Technologies, Inc. |
| Short Percent Of Float | 0.13 |
| Short Ratio | 2.03 |
| Source Interval | 15 |
| State | FL |
| Symbol | LPTH |
| Target High Price | 17.0 |
| Target Low Price | 15.0 |
| Target Mean Price | 15.975 |
| Target Median Price | 15.95 |
| Total Cash | 55,235,180 |
| Total Cash Per Share | 0.88 |
| Total Debt | 11,323,480 |
| Total Revenue | 62,769,540 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.47 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 11.11235 |
| Two Hundred Day Average Change | -0.08235073 |
| Two Hundred Day Average Change Percent | -0.007410739 |
| Type Disp | Equity |
| Volume | 3,018,410 |
| Website | https://www.lightpath.com |
| Zip | 32,826 |