Stratasys (NASDAQ:SSYS) Stock Price Down 9.9% – Here’s Why

Shares of Stratasys, Ltd. (NASDAQ:SSYSGet Free Report) dropped 9.9% during trading on Thursday . The stock traded as low as $8.22 and last traded at $8.3350. Approximately 642,208 shares traded hands during trading, a decline of 31% from the average daily volume of 928,347 shares. The stock had previously closed at $9.25.

Key Headlines Impacting Stratasys

Here are the key news stories impacting Stratasys this week:

Wall Street Analysts Forecast Growth

SSYS has been the subject of several recent research reports. Craig Hallum cut their target price on shares of Stratasys from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, March 6th. Needham & Company LLC cut their target price on shares of Stratasys from $12.00 to $11.50 and set a “buy” rating for the company in a research note on Thursday, March 5th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Stratasys in a research note on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Stratasys has a consensus rating of “Moderate Buy” and a consensus price target of $12.33.

View Our Latest Stock Analysis on Stratasys

Stratasys Stock Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.68 and a current ratio of 3.57. The stock has a market capitalization of $706.59 million, a PE ratio of -6.56 and a beta of 1.86. The firm has a 50 day moving average of $8.50 and a 200-day moving average of $9.49.

Stratasys (NASDAQ:SSYSGet Free Report) last released its earnings results on Thursday, May 7th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. Stratasys had a negative net margin of 18.92% and a negative return on equity of 1.37%. The company had revenue of $132.70 million during the quarter, compared to the consensus estimate of $131.82 million. During the same quarter in the prior year, the firm earned $0.04 EPS. The company’s revenue was down 2.5% compared to the same quarter last year. Stratasys has set its FY 2026 guidance at 0.090-0.140 EPS. Research analysts forecast that Stratasys, Ltd. will post -0.17 earnings per share for the current year.

Institutional Investors Weigh In On Stratasys

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. purchased a new stake in Stratasys in the 4th quarter worth approximately $25,000. Global Retirement Partners LLC purchased a new stake in Stratasys in the 4th quarter worth approximately $26,000. Advisory Services Network LLC purchased a new stake in Stratasys in the 3rd quarter worth approximately $34,000. Raymond James Financial Inc. purchased a new stake in Stratasys in the 2nd quarter worth approximately $35,000. Finally, Parallel Advisors LLC lifted its position in Stratasys by 1,071.4% in the 1st quarter. Parallel Advisors LLC now owns 3,807 shares of the technology company’s stock worth $30,000 after buying an additional 3,482 shares in the last quarter. Hedge funds and other institutional investors own 75.77% of the company’s stock.

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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