II-VI Incorporated (IIVIP)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
II-VI Incorporated (IIVIP) trades at $187.51 with AI Score 51/100 (Grade B). II-VI Incorporated develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. Sector: Technology.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for IIVIP: IIVIP does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates IIVIP against Technology peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
IIVIP: 3/7 perspectives are bearish. Dominant signal: Jim Simons bullish.
How is this calculated? →II-VI Incorporated (IIVIP) Technology Profile & Competitive Position
II-VI Incorporated is a global leader in engineered materials and optoelectronic components, serving diverse markets from industrial lasers to optical communications. With a focus on compound semiconductors and photonic solutions, the company provides critical components for high-power lasers, data centers, and aerospace applications, driving innovation across multiple sectors.
What Is the Investment Thesis for IIVIP?
II-VI Incorporated presents a notable research candidate due to its diversified product portfolio and strategic positioning in high-growth markets. The company's focus on compound semiconductors and photonic solutions caters to the increasing demand for advanced materials and components in optical communications, industrial lasers, and aerospace applications. A key value driver is the company's ability to innovate and develop cutting-edge technologies, allowing it to capture market share in emerging sectors. With a gross margin of 36.4% and a profit margin of 4.7%, II-VI demonstrates solid profitability. Upcoming growth catalysts include expansion in the data center and 5G infrastructure markets. Potential risks include economic downturns affecting capital spending and increased competition from other material and component manufacturers.
Based on FMP financials and quantitative analysis
IIVIP Key Highlights
- II-VI Incorporated operates through two segments: Compound Semiconductors and Photonic Solutions.
- The company's gross margin stands at 36.4%, reflecting its ability to maintain profitability in a competitive market.
- II-VI serves a diverse range of industries, including industrial, optical communications, consumer electronics, and aerospace.
- The company's P/E ratio is 130.25, indicating investor expectations for future growth.
- II-VI Incorporated has a global presence, serving customers worldwide.
Who Are IIVIP's Competitors?
IIVIP is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| IPGP IPG Photonics Corporation | $105.27 | -7.99% | $4.47B | 67 |
| COHR Coherent, Inc. | $333.36 | -9.57% | $52.86B | 52 |
| MDA Macdonald Dettwiler & Associate | $40.75 | +3.16% | $5.65B | 66 |
| WATT Energous Corporation | $24.09 | +0.84% | $35.78M | 65 |
| APH Amphenol Corporation | $164.59 | -4.43% | $202.48B | 63 |
| KRKNF Kraken Robotics Inc. | $4.50 | -0.44% | $1.38B | 62 |
| HXGBY Hexagon AB (publ) | $8.40 | +1.69% | $22.55B | 52 |
| KULR KULR Technology Group, Inc. | $3.85 | -0.52% | $178.09M | 52 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are IIVIP's Key Strengths?
- Diversified product portfolio.
- Global presence and established customer base.
- Expertise in compound semiconductor and photonic solutions.
- Strong relationships with key customers.
What Are IIVIP's Weaknesses?
- High P/E ratio may indicate overvaluation.
- Dependence on specific industries and customers.
- Exposure to economic cycles and capital spending.
- Potential for increased competition.
What Could Drive IIVIP Stock Higher?
- Expansion in data center infrastructure driving demand for transceivers.
- 5G network deployments increasing demand for optical components.
- Growth in aerospace and defense spending boosting demand for infrared optics.
- Increasing adoption of laser-based manufacturing processes.
- Potential new product launches in consumer electronics sector.
What Are the Key Risks for IIVIP?
- Economic downturns affecting capital spending by customers.
- Increased competition from other material and component manufacturers.
- Technological obsolescence of existing products.
- Geopolitical risks and trade tensions impacting global supply chains.
- Fluctuations in currency exchange rates affecting profitability.
What Are the Growth Opportunities for IIVIP?
- Expansion in Data Centers: The increasing demand for high-speed data transmission in data centers presents a significant growth opportunity for II-VI Incorporated. The company's photonic solutions, including transceivers and optical amplifiers, are critical components for data center infrastructure. As data centers continue to expand to meet growing bandwidth needs, II-VI can capitalize on this trend by providing advanced optical components. The data center market is projected to reach hundreds of billions of dollars in the coming years, offering substantial revenue potential for II-VI. Timeline: Ongoing.
- Growth in 5G Infrastructure: The rollout of 5G networks is driving demand for advanced optical components and materials. II-VI's compound semiconductors and photonic solutions are essential for building 5G infrastructure, including base stations and optical transport networks. As 5G deployment accelerates globally, II-VI can leverage its expertise in optical technology to capture market share. The 5G infrastructure market is expected to grow significantly over the next several years, presenting a substantial growth opportunity for II-VI. Timeline: Ongoing.
- Aerospace and Defense Applications: II-VI's infrared optical components and high-precision optical assemblies are used in various aerospace and defense applications, including laser imaging and targeting systems. The increasing demand for advanced defense technologies presents a growth opportunity for the company. II-VI can leverage its expertise in optical materials and components to secure contracts with U.S. government prime contractors and agencies. The aerospace and defense market is characterized by long-term contracts and stable demand, providing a reliable revenue stream for II-VI. Timeline: Ongoing.
- Industrial Laser Market: II-VI's optical and electro-optical components are used in high-power CO2 lasers, fiber lasers, and direct diode lasers for materials processing applications. The increasing adoption of laser-based manufacturing processes in various industries, including automotive, aerospace, and electronics, is driving demand for II-VI's products. The industrial laser market is expected to continue growing as manufacturers seek to improve efficiency and precision. II-VI can capitalize on this trend by providing advanced laser components and solutions. Timeline: Ongoing.
- Consumer Electronics: II-VI's crystal materials, optics, lasers, and optoelectronic modules are used in consumer electronics applications, including smartphones, tablets, and wearable devices. The increasing demand for advanced features such as facial recognition and augmented reality is driving demand for II-VI's products. The consumer electronics market is characterized by high volumes and rapid innovation, presenting both opportunities and challenges for II-VI. The company can leverage its expertise in optical technology to develop new products and solutions for the consumer electronics market. Timeline: Ongoing.
What Opportunities Does IIVIP Have?
- Expansion in data centers and 5G infrastructure.
- Growth in aerospace and defense applications.
- Increasing adoption of laser-based manufacturing processes.
- Development of new products and solutions for consumer electronics.
What Threats Does IIVIP Face?
- Economic downturns affecting capital spending.
- Increased competition from other material and component manufacturers.
- Technological obsolescence.
- Geopolitical risks and trade tensions.
What Are IIVIP's Competitive Advantages?
- Proprietary technology in engineered materials and optoelectronic components.
- Strong relationships with key customers in diverse industries.
- Global presence and established distribution network.
- Expertise in compound semiconductor and photonic solutions.
What Does IIVIP Do?
II-VI Incorporated, founded in 1971 and headquartered in Saxonburg, Pennsylvania, has evolved into a global provider of engineered materials, optoelectronic components, and devices. The company operates through two primary segments: Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment offers optical and electro-optical components and materials crucial for high-power CO2 lasers, fiber lasers, and direct diode lasers used in materials processing. It also provides infrared optical components and high-precision optical assemblies for aerospace and defense, medical, and commercial laser imaging applications. Additionally, this segment produces semiconductor lasers and detectors for optical interconnects and sensing, engineered materials for thermoelectric, ceramics, and silicon carbide applications, and compound semiconductor epitaxial wafers for optical and wireless communication. The Photonic Solutions segment focuses on manufacturing transceivers for data centers and telecom optical networks, pump lasers, optical amplifiers, wavelength selective switches, and advanced components for telecom networks. It also produces crystal materials, optics, lasers, and optoelectronic modules for optical communications, life sciences, and consumer electronics. II-VI serves original equipment manufacturers, laser end users, system integrators of high-power lasers, U.S. government prime contractors, and manufacturers in industrial, optical communications, consumer electronics, and security and monitoring sectors.
What Products and Services Does IIVIP Offer?
- Develops and manufactures engineered materials.
- Produces optoelectronic components and devices.
- Offers optical and electro-optical components for high-power lasers.
- Provides infrared optical components for aerospace and defense.
- Manufactures semiconductor lasers and detectors for optical interconnects.
- Creates crystal materials, optics, and lasers for various applications.
- Supplies transceivers for data centers and telecom networks.
How Does IIVIP Make Money?
- Sells engineered materials and optoelectronic components to OEMs.
- Provides solutions for high-power laser applications.
- Offers components for optical communications and data centers.
- Serves U.S. government prime contractors and agencies.
What Industry Does IIVIP Operate In?
II-VI Incorporated operates in the hardware, equipment, and parts industry, which is characterized by rapid technological advancements and increasing demand for high-performance components. The market is driven by the growth of optical communications, industrial lasers, and aerospace applications. The competitive landscape includes companies specializing in engineered materials, optoelectronic components, and laser technology. II-VI's diversified product portfolio and global presence position it favorably to capitalize on these trends. The industry is expected to continue growing as demand for advanced materials and components increases across various sectors.
Who Are IIVIP's Key Customers?
- Original equipment manufacturers (OEMs).
- Laser end users.
- System integrators of high-power lasers.
- U.S. government prime contractors.
- Manufacturers of equipment and devices for various industries.
ROE 5%Key Financial Metrics
Return on equity for II-VI Incorporated stands at 5.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.7%, showing how much profit it generates from its asset base. IIVIP trades at a trailing price-to-earnings ratio of 122.22, above the Technology sector average of ~38x. Its free cash flow yield is -0.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 3.05 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 0.8%, the inverse of the P/E and a quick read on earnings relative to price.
II-VI Incorporated (IIVIP) Valuation Context
Relative to its peer group, IIVIP's quantitative score of 51/100 is below the peer average of 63/100.
Company Profile
II-VI Incorporated operates in the Hardware, Equipment & Parts industry within the Technology sector. It is headquartered in Saxonburg, US. The company is led by CEO Vincent D. Mattera Jr.,. IIVIP has traded publicly since 2020.
IIVIP Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future prospects, aligning interests with shareholders.
- The community seems optimistic about II-VI's strategic positioning in emerging markets, like photonics.
- Market perception views II-VI as a key player in the optical components sector, a growth area.
- Positive community sentiment indicates belief in II-VI's ability to innovate and adapt to changing market demands.
Bear Case
- Some insiders may be selling shares for personal financial reasons, not necessarily reflecting a negative view of the company.
- A segment of the community expresses concern over increasing competition in II-VI's core markets.
- Market perception includes worries about potential supply chain disruptions impacting II-VI's production.
- Negative community sentiment highlights concerns about II-VI's ability to maintain profitability amidst rising costs.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
IIVIP Latest News
No recent news available for IIVIP.
IIVIP Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for IIVIP.
Price Targets
Wall Street price target analysis for IIVIP.
IIVIP MoonshotScore
What does this score mean?
The MoonshotScore rates IIVIP's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry Hardware, Equipment & PartsLeadership: Vincent D. Mattera Jr.,
Chief Executive Officer
Vincent D. Mattera Jr. has served as the Chief Executive Officer of II-VI Incorporated. His career spans several decades in the technology and manufacturing sectors. He has held various leadership positions within II-VI, contributing to the company's growth and strategic direction. His expertise includes materials science, optics, and laser technology. He is responsible for managing a global workforce of over 23,000 employees and driving innovation across the company's diverse product portfolio. Mattera's leadership is focused on expanding II-VI's market presence and delivering value to shareholders.
Track Record: Under Vincent D. Mattera Jr.'s leadership, II-VI Incorporated has achieved significant milestones, including strategic acquisitions and expansions into new markets. He has overseen the development of cutting-edge technologies and the strengthening of customer relationships. His strategic decisions have contributed to the company's revenue growth and profitability. Mattera's focus on innovation and operational excellence has positioned II-VI as a leader in the engineered materials and optoelectronic components industry.
II-VI Incorporated Technology Stock: Key Questions Answered
What does II-VI Incorporated do?
II-VI Incorporated is a global manufacturer of engineered materials, optoelectronic components, and devices. The company operates through two segments: Compound Semiconductors and Photonic Solutions. It provides critical components for high-power lasers, optical communications, aerospace and defense, and consumer electronics. II-VI's products are used in various applications, including materials processing, data transmission, laser imaging, and sensing. The company serves original equipment manufacturers, laser end users, and U.S. government prime contractors, contributing to advancements in multiple industries.
What do analysts say about IIVIP stock?
Analyst consensus on IIVIP stock is mixed, reflecting the company's diverse business segments and exposure to various market trends. Key valuation metrics, such as the P/E ratio of 130.25, suggest investor expectations for future growth. Growth considerations include the company's expansion in data centers, 5G infrastructure, and aerospace and defense applications. Analysts also consider potential risks, such as economic downturns and increased competition. Overall, analysts provide a neutral summary of IIVIP's financial performance and growth prospects, without recommending buying or selling the stock.
What are the main risks for IIVIP?
The main risks for IIVIP include economic downturns affecting capital spending by customers, increased competition from other material and component manufacturers, and technological obsolescence of existing products. Economic downturns can reduce demand for II-VI's products across various industries. Increased competition can erode market share and pricing power. Technological obsolescence can render existing products obsolete, requiring investments in new technologies. Geopolitical risks and trade tensions can disrupt global supply chains and increase costs. Fluctuations in currency exchange rates can affect profitability. These risks require careful monitoring and mitigation strategies.
What are the key factors to evaluate for IIVIP?
II-VI Incorporated (IIVIP) holds an AI score of 51/100 (moderate). Not financial advice.
How frequently does IIVIP data refresh on this page?
IIVIP prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven IIVIP's recent stock price performance?
II-VI Incorporated (IIVIP) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified product portfolio. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider IIVIP overvalued or undervalued right now?
Valuing II-VI Incorporated (IIVIP) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying IIVIP?
Before investing in II-VI Incorporated (IIVIP), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for IIVIP. The information provided is based on available data and may be subject to change.