IPGP stock is currently trading at $72.76, with analysts projecting a 12-month target price of $90.86, indicating a 24.87% upside. The bullish view stems from its strategic acquisition of Clean-Lasersysteme GmbH, which strengthens its position in the growing laser cleaning market and diversifies its revenue streams. Additionally, its advanced laser welding solutions for EV battery manufacturing and partnerships in e-mobility sectors are expected to drive future growth.