LightPath Technologies Inc (LPTH)
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-15
$9.29+1.98%
Close 2026-09-15 · 1-day change
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-15
Research Workspace
Put LPTH beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Electronic Components is in recovery. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar broken — Revenue grows at least 71% year over year to $19.1 million in Q3 2026: 73.8% vs 71%.
View ThesisRevenue growth is accelerating — up about 87% over the past year.
View GrowthManagement screens weak on capital allocation.
View ManagementExpectations look high — the market is pricing in about 124% growth a year, above the roughly 69% analysts expect, leaving little room for error.
View ValuationThis stock is highly volatile — it swings about 5% on a typical day and fell roughly 50% in its worst 12-month stretch.
View RiskLPTH's growth depends on maintaining its revenue trajectory and backlog. Revenue nearly doubled to $71.7 million, with a backlog increase of 197%. The stock trades at 8.5× price-to-sales, above the peer median of 3.9×. This suggests the market expects more growth than is likely. The primary risk is the potential for guidance cuts, with a 29% miss probability. Peer multiples imply a price about 119% below where it trades. This read is provisional.
Trailing returns as of 2026-09-15. LPTH is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 5 analysts currently covering LPTH (as of Sep 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
Continue this research
Compare LPTH with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Free account required to save the handoff. No credit card.
| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| LPTH Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 1 valuation methods, at three horizons. As of 2026-09-15. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Electronic Components — fair value, gap to price, and forward P/E.
Compare the value case
Put LPTH next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Execute vertically integrated growth strategy
Defense pivot indicates growth in a strategic market.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-15. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Advances: Execute vertically integrated growth strategy
Record revenue supports growth strategy and backlog maintenance.
Advances: Maintain and grow high order backlog
Higher CapEx signals commitment to growing order backlog.
Advances: Execute vertically integrated growth strategy
Broadening scope supports growth strategy and supply chain importance.
