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LightPath Technologies, Inc. (LPTH)

Technology | Electronic Components | Orlando, United States | NasdaqCM
14.16 USD -0.76 (-5.094%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 14.22 +0.06 (0.405%) ⇧ (April 17, 2026, 7:58 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:45 p.m. EDT

An XFEL laser company trading exactly at its 52-week high (15.72 vs 14.16 current, effectively near recent top of ~15.72) with a negative earnings forecast (-4.75% adj direction) and a forward P/E of 108x. The market is pricing in a resilience play (turning backlog to revenue), but the valuation gap is abyssal. Unless the catalyst of the $60M public offering bridges the funding gap to accelerate the 120% revenue growth, the probability of return is low given the extreme valuation disconnected from negative earnings.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.213710
AutoETS0.217062
AutoARIMA0.217068
AutoTheta0.463844

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 79%
H-stat 0.84
Ljung-Box p 0.005
Jarque-Bera p 0.142
Excess Kurtosis 1.42
Attribute Value
Sector Technology
Debt to Equity Ratio 9.152
Revenue per Share 1.21
Market Cap 817,153,792
Forward P/E 108.92
Beta 1.07
Profit Margins -43.45%
Website https://www.lightpath.com

As of April 18, 2026, 11:45 p.m. EDT: Options activity shows a distinct catenary spread of puts at strikes 12.5/15.0 against calls at 17.5 (May/June), indicating a 'short gamma' shorts squeeze sentiment or an insurance strategy on downside. However, the most notable signal is the massive open interest wall in far-dated Jan 2027 calls at the 12.5 strike (OI 606), suggesting long-term investors are assigning a 12.5 target price for this year. There is no unwind of top strikes by the listed expirations, indicating underlying holders are comfortable with current levels. Note the extremely high implied volatility on the short-dated puts relative to calls, reflecting a high-risk premium for downside protection.


Info Dump

Attribute Value
52 Week Change 6.2244897
Address1 2,603 Challenger Tech Court
Address2 Suite 100
All Time High 556.0
All Time Low 0.3
Ask 17.8
Ask Size 2
Average Daily Volume10 Day 2,478,870
Average Daily Volume3 Month 2,637,114
Average Volume 2,637,114
Average Volume10Days 2,478,870
Beta 1.074
Bid 11.16
Bid Size 2
Book Value 1.432
City Orlando
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 14.16
Current Ratio 3.972
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 15.72
Day Low 13.85
Debt To Equity 9.152
Display Name LightPath
Earnings Call Timestamp End 1,770,847,200
Earnings Call Timestamp Start 1,770,847,200
Earnings Timestamp 1,770,843,600
Earnings Timestamp End 1,778,788,800
Earnings Timestamp Start 1,778,788,800
Ebitda -2,827,804
Ebitda Margins -0.05357
Enterprise To Ebitda -278.69
Enterprise To Revenue 14.929
Enterprise Value 788,080,000
Eps Current Year -0.03
Eps Forward 0.13
Eps Trailing Twelve Months -0.52
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 11.5456
Fifty Day Average Change 2.6144
Fifty Day Average Change Percent 0.22644123
Fifty Two Week Change Percent 622.449
Fifty Two Week High 15.72
Fifty Two Week High Change -1.5600004
Fifty Two Week High Change Percent -0.09923667
Fifty Two Week Low 1.9
Fifty Two Week Low Change 12.26
Fifty Two Week Low Change Percent 6.452632
Fifty Two Week Range 1.9 - 15.72
Financial Currency USD
First Trade Date Milliseconds 824,999,400,000
Float Shares 53,681,697
Forward Eps 0.13
Forward P E 108.92308
Free Cashflow 4,090,927
Full Exchange Name NasdaqCM
Full Time Employees 345
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.30041
Gross Profits 15,857,756
Has Pre Post Market Data 1
Held Percent Insiders 0.013049999
Held Percent Institutions 0.60112
Implied Shares Outstanding 57,708,603
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 1,751,241,600
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 817,153,792
Market State CLOSED
Max Age 86,400
Message Board Id finmb_351646
Most Recent Quarter 1,767,139,200
Net Income To Common -22,936,852
Next Fiscal Year End 1,782,777,600
Non Diluted Market Cap 817,153,818
Number Of Analyst Opinions 5
Open 15.18
Operating Cashflow -4,212,853
Operating Margins -0.06351
Payout Ratio 0.0
Peg Ratio 1.54
Phone 407 382 4003
Post Market Change 0.057300568
Post Market Change Percent 0.40466502
Post Market Price 14.2173
Post Market Time 1,776,470,334
Previous Close 14.92
Price Eps Current Year -472.0
Price Hint 2
Price To Book 9.8882675
Price To Sales Trailing12 Months 15.480105
Profit Margins -0.43451
Quick Ratio 3.364
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.76
Regular Market Change Percent -5.09384
Regular Market Day High 15.72
Regular Market Day Low 13.85
Regular Market Day Range 13.85 - 15.72
Regular Market Open 15.18
Regular Market Previous Close 14.92
Regular Market Price 14.16
Regular Market Time 1,776,456,000
Regular Market Volume 3,572,185
Return On Assets -0.04847
Return On Equity -0.33033
Revenue Growth 1.202
Revenue Per Share 1.21
Sand P52 Week Change 0.38150132
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 57,708,603
Shares Percent Shares Out 0.0589
Shares Short 3,397,858
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 3,417,502
Short Name LightPath Technologies, Inc.
Short Percent Of Float 0.059499998
Short Ratio 1.79
Source Interval 15
State FL
Symbol LPTH
Target High Price 17.0
Target Low Price 14.0
Target Mean Price 15.1
Target Median Price 15.0
Total Cash 73,572,472
Total Cash Per Share 1.275
Total Debt 10,266,127
Total Revenue 52,787,352
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.52
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 8.26465
Two Hundred Day Average Change 5.8953495
Two Hundred Day Average Change Percent 0.7133211
Type Disp Equity
Volume 3,572,185
Website https://www.lightpath.com
Zip 32,826