Analyst Coverage

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Firm Analyst
Bank of America Merrill Lynch Michael Feniger
Battle Road ResearchBen Rose 
Bernstein Jay Huang
CitiJamie Wang
CL King & Associates Tom Hayes
Needham & Company James Ricchiuti
Raymond James Brian Gesuale
Seaport Research Partners Scott Graham
Stifel Ruben Roy
The Benchmark Company Mark Miller

IPG Photonics Corporation is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding IPG Photonics Corporation's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of IPG Photonics Corporation or its management. IPG Photonics Corporation does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.