LightPath Technologies Advances with Infrared Expansion Amid Rising Costs

LightPath Technologies, Inc. (NASDAQ:LPTH) is one of the 10 best high risk penny stocks to invest in.

The company reports significant growth and continuing challenges, as analysts reiterate their Buy rating for the stock.

A robotic arm holding an optical component as it is being manufactured in a high-tech facility.

LightPath Technologies, Inc. (NASDAQ:LPTH) is a global manufacturer, distributor, and integrator of proprietary optical components and high-level assemblies. The company’s product portfolio includes precision molded glass aspheric and freeform lenses, infrared assemblies, and thermal imaging systems. Defense, industrial, medical, telecom, and scientific imaging applications leverage these products to carry on their operations.

On May 16, 2025, Alliance Global Partners, Lake Street, and Craig-Hallum reiterated their Buy rating on the stock, signaling confidence in LightPath Technologies, Inc. (NASDAQ:LPTH)’s future growth. On the same day, the company held its Q3 2025 earnings call, where it reported a 19.1% increase in revenue, compared to the previous year. Additionally, the successful acquisition of G5 Infrared has opened new avenues for the company, allowing it to grow its foothold, particularly in the defense sector.

These positive signs were also accompanied by challenges, including the 44% increase in operating expenses and delays in the Apache Program. However, the approvals obtained by the company in the Special Meeting with Shareholders, like the issuance of shares of Class A Common Stock related to the acquisition of G5 Infrared and the conversion of Series G Preferred Stock, are expected to expand the company’s capital structure.

With an upside potential of $5.00, the company’s shares are available at $3.10 as of June 30, 2025, for investors who are interested in purchasing the stock.

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