LIGHTPATH TECHNOLOGIES INC CLASS A (LPTH)
Information Technology · Optical components and imaging systems · NASDAQ
Lightpath Technologies is a designer and manufacturer of precision optical components and imaging systems serving defense, industrial, medical, and telecommunications markets with 35%+ revenue growth.
What LIGHTPATH TECHNOLOGIES INC CLASS A does
Lightpath Technologies designs and manufactures optical components, imaging systems, and related products for industrial, defense, medical, and telecommunications applications. The company serves customers in markets requiring precision optical solutions, laser systems, and imaging technologies. The company operates through multiple product lines focused on high-margin optical and photonic technologies.
Themes: Optical / photonic components, Defense and aerospace optics, Medical imaging, Industrial laser systems, Telecommunications optics
Fundamentals
- Price$14.42 as of 2026-08-21 close
- Market cap$905M as of 2026-08-21
- 1-year return+280.5% 2025-08-21 close $3.79 → 2026-08-21 close $14.42
- P/En/a negative earnings
- Net margin-37.4% as of 2026-08-24
- Gross margin+32.1% as of 2026-08-24
- ROE-28.4% as of 2026-08-24
- Debt / equity0.01 as of 2026-08-24
- Revenue growth (YoY)+35.6% as of 2026-08-24
- Revenue CAGR (3y)+1.5% SEC XBRL
- Beta1.42 as of 2026-08-24
- Last reported earnings2026-05-07 SEC EDGAR Form 8-K (Item 2.02)
How LPTH compares in its sector
- net profit marginbottom 25% 405 covered Information Technology peers, as of 2026-08-24
- operating marginbottom 25% 405 covered Information Technology peers, as of 2026-08-24
- gross marginbottom 25% 403 covered Information Technology peers, as of 2026-08-24
- return on equitybottom 25% 405 covered Information Technology peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 386 covered Information Technology peers
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 382 covered Information Technology peers, as of FY2025
Position among covered Information Technology companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How LIGHTPATH TECHNOLOGIES INC CLASS A looks technically
LIGHTPATH TECHNOLOGIES INC CLASS A (LPTH) is trading 24.3% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 450 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 16, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 58, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 6 trading days ago. It is 23.9% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 24.3% above its 200-day average, the long-term trend line — a longer-term uptrend | +24.3% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $12.90 | $12.90 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $11.60 | $11.60 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 450 trading days ago — a "golden cross", a bullish long-term signal | 450 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 24.3% above | +24.3% |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 16, below the 25 that marks a real trend) | 16.1 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 58, neither overbought (above 70) nor oversold (below 30) | 57.5 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($11.55 to $15.61) — its "stochastic" reading is 71 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 70.7 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 15 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $18.94 | $18.94 |
|---|---|---|
| From the 52-week high | it is 23.9% below its 52-week high (its highest price of the past year) | -23.9% |
| Above the 52-week low | it is 329.2% above its 52-week low (its lowest price of the past year) | +329.2% |
| Below the 52-week high | it is 23.9% below its highest point of the past year | 23.9% |
| Since a 20-day breakout | it made a new 20-day high about 6 trading days ago | 6 sessions |
| Since a 55-day breakout | it made a new 55-day low about 18 trading days ago | 18 sessions |
| All-time high | its highest closing price on record is $18.94 (set on 2026-05-28) | $18.94 |
| Given back of the 52-week move | over the past year its closes ranged ($3.41 to $18.15), and it has given back roughly a quarter of its rise from last year’s low — 25% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $8.57 to $9.04. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 25.3% |
| From the all-time high | it is 23.9% below its all-time high | -23.9% |
| Nearest price level | it is trading 25.7% above a support level at $10.72 — a price it turned at three times since 2025-10-15, most recently on 2026-05-18. Since 2024-08-21 it has 8 such levels below the current price and 0 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -25.7% |
| All-time low | its lowest closing price on record is $0.3 (set on 2009-02-25) | $0.3 |
| Above the all-time low | it is 4706.7% above its all-time low | +4,707% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are wider than usual versus its own recent 6-month history (wider than about 76% of it) | 76th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.22 between its high and its low — about 8.5% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.22 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $9.29 and $15.66 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $9.29 – $12.47 – $15.66 |
| Typical daily range (% of price) | its price moves about 8.5% in a typical session — among the most volatile in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 8.5% |
| Stretch from the 200-day average | it is trading 2.3 daily ranges above its 200-day average price (24.3% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 2.3 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.99× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 1.2% since the prior reading | -1.2% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
1
| Since a doji | 1 session ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 1 session ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 0.6% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.6% |
|---|---|---|
| Open gap | it gapped 8.8% above the previous close 13 sessions ago and has not traded back through the level it left behind at 11.18 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +8.8% |
| Gap filled | a 5.4% gap down opened on 2026-08-18 has been "filled" 3 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 3 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 11.6 percentage points (the stock gained 13.9% while the market gained 2.3%) | +11.6% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 2.1 percentage points (the stock gained 1.0% while the market gained 3.1%) | -2.1% |
| vs market, 6 months | over the past 6 months this stock beat the market by 9.1 percentage points (the stock gained 20.2% while the market gained 11.1%) | +9.1% |
| vs market, 12 months | over the past 12 months this stock beat the market by 260.0 percentage points (the stock gained 280.5% while the market gained 20.5%) | +260.0% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 0 of the 9 technical signals we can compute for it are currently in a bearish state — these describe past price behaviour, not a forecast | 0 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is moderate, spanning 6.9% of the share price. | 0.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 11% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $13.02 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | +10.8% |
|---|---|---|
| Vs the average paid since it last reported | the price is 5% above the average price paid since it last reported on 2026-05-07 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $13.78 — a volume-weighted average of daily closes over 71 sessions, not a true tick-by-tick VWAP. | +4.6% |
Price levels it has turned at before
LPTH last closed at $14.42 on 2026-08-21. Since 2024-08-21 it has turned at 8 prices below its last close and 0 above; the 3 nearest below are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $10.72 | Support | 25.7% below the last close | turned there three times · 2025-10-15 to 2026-05-18 |
| $9.88 | Support | 31.5% below the last close | turned there twice · 2026-01-27 to 2026-07-17 |
| $9.31 | Support | 35.4% below the last close | turned there twice · 2025-12-11 to 2026-07-29 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Tested and reclaimed 200-day support · Pulled back from the 12-month high · trendless / choppy (low ADX) · Analyst price target recently CUT · beating the market | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.20 mean, 1=Strong Buy…5=Strong Sell) — 5 analysts
- Mean price target$15.78 range $15.00 – $17.00; median $15.40
Analyst estimates, as of 2026-08-22. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for LPTH
- Consensus EPS estimate$0.01 next reporting period, as of 2026-08-22
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Supply chain disruption and tariff exposure affecting raw materials and components availability","Inability to sustain profitable sales growth and convert inventory to cash despite strong revenue growth","Geopolitical tensions and trade restrictions impacting international operations and pricing competitiveness"]
What changed in the latest 10-Q
AI-assisted comparison of LPTH's 10-Q filed 2026-05-07 against the prior one filed 2026-02-11.
Management's Discussion & Analysis (MD&A)
- Added:
- In January 2026, we acquired the assets of Amorphous Materials, Inc. through our newly-formed, wholly-owned subsidiary, AML, which specializes in infrared glass fabrication and operates from a manufacturing facility in Garland, Texas.
- Statement that AML acquisition strengthens LightPath's position as a leader in infrared imaging by expanding materials portfolio and glass fabrication capabilities.
- Reference to AML's infrared materials in the infrared product group description.
- Page number changed from 26 to 27 in the newer filing.
- Removed:
- Reference to LPOIZ's manufacturing facility as the 'Zhenjiang Facility' (older filing used this label).
- Reference to ISP Latvia's manufacturing facility as the 'Riga Facility' (older filing used this label).
- Reworded:
- Infrared product group description reordered: newer filing lists 'both molded and turned infrared lenses' before mentioning 'both conventional and CNC ground and polished lenses,' whereas older filing listed 'both conventional and CNC ground and polished lenses' after the BlackDiamond mention.
- Newer filing states infrared product group 'includes both conventional and CNC ground and polished lenses' while older filing states 'This product group also includes both conventional and CNC ground and polished lenses,' with slightly different sentence structure.
- Newer filing specifies that AML materials and G5 Infrared's optical component and coating business are part of infrared product group revenue sources; older filing only mentioned BlackDiamond and G5 Infrared without explicit mention of AML.
- Notes:
- The comparison shows text truncation in the older filing's assemblies and modules section ('made'), making full assessment of that section incomplete.
- Facility naming conventions (Zhenjiang Facility, Riga Facility) were removed in the newer version but this may reflect editorial simplification rather than substantive change.
Risk Factors
- Added:
- Newer filing (2026-05-07) has Item 2-6 page numbers as 38-39; older filing (2026-02-11) has Item 2-6 page numbers as 37-38
- Newer filing references quarter ended March 31, 2026; older filing references quarter ended December 31, 2025
- Newer filing shows Cash and cash equivalents of $55,235,181 as of March 31, 2026; older filing shows $73,572,471 as of December 31, 2025
- Newer filing shows Trade accounts receivable of $10,797,645; older filing shows $8,583,487
- Newer filing shows Inventories of $13,344,705; older filing shows $13,491,419
- Newer filing shows Total current assets of $83,003,632; older filing shows $97,000,741
- Newer filing shows Total assets of $144,265,179; older filing shows $148,558,508
- Newer filing shows Series G Convertible Preferred Stock of 17,346 shares issued; older filing shows 24,956 shares issued
- Newer filing shows Common stock Class A of 61,207,012 shares issued; older filing shows 54,442,677 shares issued
- Newer filing shows Additional paid-in capital of $334,313,395; older filing shows $319,121,901
- Newer filing shows Accumulated deficit of ($247,121,455); older filing shows ($243,015,168)
- Newer filing shows Total stockholders' equity of $89,089,677; older filing shows $77,935,088
- Newer filing references Nine Months Ended March 31, 2026 and 2025 periods; older filing references Six Months Ended December 31, 2025 and 2024 periods
- Newer filing shows Revenue net of $50,559,747 for nine months ended March 31, 2026; older filing shows $31,409,933 for six months ended December 31, 2025
- Reworded:
- Cautionary note references 'quarter ended March 31, 2026' in newer filing vs. 'quarter ended December 31, 2025' in older filing
- Balance sheet comparative column changed from 'December 31, 2025' in older filing to 'March 31, 2026' in newer filing
- Comprehensive Income statement periods changed from 'Three Months Ended December 31' and 'Six Months Ended December 31' to 'Three Months Ended March 31' and 'Nine Months Ended March 31'
- Notes:
- The newer filing text appears truncated at the end of the Comprehensive Income (Loss) statement section, limiting complete comparison of that section
- Forward-looking statements section appears substantively identical between filings except for the quarter-end date reference
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 1 open-market sale by insiders in the last 90 days.
- Last 90 days0 buys · 1 sell ($50M) — 1 selling insider
- Last 180 days1 buy ($1745) · 12 sells ($68M) — 1 buying, 1 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-03. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about LPTH's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding LPTH as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 3,371,554
- Reported value $33,816,687
reported quarterly holdings change (2025-12-31 → 2026-03-31): 1 new, 4 increased, 0 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
LPTH had 10,553,423 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
LPTH had 16.8% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 3.68 days to cover at the same settlement.
- Reported short interest (shares) 10,553,423
- Short interest (% of shares outstanding) 16.8%
- Prior settlement (shares) 9,540,633
- Reported change 10.62%
- Days to cover (reported) 3.68
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- II-VI Incorporated
- Lumentum Holdings
- Applied Optoelectronics
- Corning Incorporated
- EMCORE Corporation
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare LPTH vs…
Frequently asked questions
What does LIGHTPATH TECHNOLOGIES INC CLASS A (LPTH) do?
Lightpath Technologies designs and manufactures optical components, imaging systems, and related products for industrial, defense, medical, and telecommunications applications. The company serves customers in markets requiring precision optical solutions, laser systems, and imaging technologies. The company operates through multiple product lines focused on high-margin optical and photonic technologies.
What sector is LIGHTPATH TECHNOLOGIES INC CLASS A (LPTH) in?
LIGHTPATH TECHNOLOGIES INC CLASS A (LPTH) is classified in the Information Technology sector. Its industry is Optical components and imaging systems. It trades on NASDAQ.
Who are LIGHTPATH TECHNOLOGIES INC CLASS A's (LPTH) competitors?
Notable peers of LIGHTPATH TECHNOLOGIES INC CLASS A (LPTH) include II-VI Incorporated, Lumentum Holdings, Applied Optoelectronics, Corning Incorporated and EMCORE Corporation. This peer set is informational only — not financial advice.
Is LIGHTPATH TECHNOLOGIES INC CLASS A (LPTH) overbought or oversold right now?
LIGHTPATH TECHNOLOGIES INC CLASS A (LPTH) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 58, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on LPTH come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.