LightPath Technologies, Inc.
LPTHTechnologyNASDAQElectronic Components · Last scanned Oct 24, 2026
Scan Results
Daily timeframeLightPath 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. The company carries a $510.6M market cap, placing it firmly in the small-cap category. 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.
Market Cap
$510.6M
Beta
1.38
P/E (TTM)
—
P/E (Fwd)
66.27
EPS (TTM)
$-0.35
EPS (Fwd)
$0.11
ROE
-19.7%
ROA
-1.9%
Cash
$93.2M
Total Debt
$10.9M
Free CF
-$5.0M
52W Change
-13.7%
Annual Financials
Cash vs Debt
Where LPTH stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, LPTH finished 39.07% below its 150-day moving average ($12.31) and 38.17% below its 200-day moving average ($12.13). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is LPTH overbought or oversold?
At the October 20, 2026 close, LPTH's RSI(14) was 26.6, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
With $93.2M in cash and $10.9M in debt, LPTH maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. The company is burning cash, with free cash flow at -$5.0M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -19.7% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $32.9M (2023) to $71.7M (2026), reflecting a 118% increase over the period.
With cash comfortably exceeding debt, LPTH has financial flexibility that may help navigate uncertain periods. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence LightPath Technologies, Inc.'s trajectory.