Lake Street Boosts LightPath (LPTH) PT to $14 on Record $90M Backlog, Drone Sector Expansion

LightPath Technologies Inc. (NASDAQ:LPTH) is one of the hot tech stocks to invest in. On January 6, Lake Street raised the firm’s price target on LightPath to $14 from $10, while maintaining a Buy rating on the shares. Building on a strong performance in 2025, the firm believes that LightPath is well-positioned to maintain its growth trajectory throughout 2026. This outlook is supported by a record $90 million backlog and a shift toward high-value infrared imaging systems and germanium-free BlackDiamond op ...