Needham & Company LLC Issues Pessimistic Forecast for Stratasys (NASDAQ:SSYS) Stock Price

Stratasys (NASDAQ:SSYSGet Free Report) had its target price lowered by Needham & Company LLC from $12.00 to $11.50 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the technology company’s stock. Needham & Company LLC’s target price points to a potential upside of 26.37% from the stock’s current price.

Other analysts have also recently issued research reports about the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Stratasys in a report on Thursday, January 22nd. Cantor Fitzgerald upped their price target on shares of Stratasys from $13.00 to $13.50 and gave the company an “overweight” rating in a research report on Friday, November 14th. Finally, UBS Group reiterated an “overweight” rating on shares of Stratasys in a research report on Friday, November 14th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Stratasys currently has an average rating of “Moderate Buy” and an average target price of $12.50.

Check Out Our Latest Report on Stratasys

Stratasys Price Performance

NASDAQ SSYS opened at $9.10 on Thursday. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.65 and a quick ratio of 2.69. The stock’s fifty day moving average price is $10.38 and its 200 day moving average price is $10.23. Stratasys has a 1 year low of $8.12 and a 1 year high of $12.81. The company has a market cap of $774.32 million, a price-to-earnings ratio of -5.62 and a beta of 1.68.

Stratasys (NASDAQ:SSYSGet Free Report) last issued its quarterly earnings data on Thursday, March 5th. The technology company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.05 by $0.02. Stratasys had a negative return on equity of 0.72% and a negative net margin of 22.69%.The company had revenue of $140.00 million for the quarter, compared to analyst estimates of $139.32 million. During the same period last year, the company earned $0.12 earnings per share. Stratasys’s quarterly revenue was down 6.9% compared to the same quarter last year. Stratasys has set its FY 2026 guidance at -0.950–0.760 EPS. As a group, equities research analysts forecast that Stratasys will post -0.4 earnings per share for the current year.

Hedge Funds Weigh In On Stratasys

Several large investors have recently added to or reduced their stakes in SSYS. TD Waterhouse Canada Inc. purchased a new position in Stratasys during the 4th quarter worth approximately $25,000. Global Retirement Partners LLC acquired a new position in Stratasys in the fourth quarter worth approximately $26,000. Advisory Services Network LLC bought a new position in shares of Stratasys during the 3rd quarter valued at $34,000. Raymond James Financial Inc. acquired a new stake in shares of Stratasys in the second quarter worth about $35,000. Finally, State of Alaska Department of Revenue bought a new stake in Stratasys during the third quarter worth approximately $45,000. 75.77% of the stock is currently owned by institutional investors.

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About Stratasys

(Get Free Report)

Stratasys, Inc is a global leader in additive manufacturing and 3D printing solutions, offering a comprehensive portfolio of technologies and materials for rapid prototyping and production. Founded in 1989 by Scott and Lisa Crump, the company pioneered fused deposition modeling (FDM) and has since expanded its capabilities to include PolyJet, stereolithography and metal deposition systems. Stratasys serves a broad array of customers, from small design studios to major industrial manufacturers, enabling accelerated product development and on-demand part production.

The company’s product line encompasses both desktop and industrial-grade 3D printers, dedicated support materials and proprietary software designed to streamline the digital manufacturing workflow.

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