Proto Labs, Inc. (NYSE:PRLB) Receives $53.33 Average Price Target from Analysts

Shares of Proto Labs, Inc. (NYSE:PRLB) have earned a consensus recommendation of “Buy” from the five research firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $53.3333.

Several equities analysts have recently weighed in on PRLB shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Proto Labs in a research report on Thursday, January 22nd. Zacks Research raised shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 11th.

Proto Labs Stock Up 0.1%

NYSE PRLB opened at $57.84 on Thursday. The stock has a fifty day simple moving average of $59.37 and a 200 day simple moving average of $54.27. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 65.73 and a beta of 1.31. Proto Labs has a twelve month low of $29.58 and a twelve month high of $68.91.

Proto Labs (NYSE:PRLB) last announced its quarterly earnings data on Friday, February 6th. The industrial products company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.35 by $0.09. Proto Labs had a return on equity of 3.19% and a net margin of 3.98%.The business had revenue of $136.49 million for the quarter, compared to the consensus estimate of $129.07 million. During the same period in the previous year, the business earned $0.38 earnings per share. The business’s revenue was up 12.1% on a year-over-year basis. Proto Labs has set its Q1 2026 guidance at 0.360-0.440 EPS. Research analysts expect that Proto Labs will post 0.81 earnings per share for the current fiscal year.

Insider Activity at Proto Labs

In other news, insider Michael R. Kenison sold 2,500 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $60.00, for a total value of $150,000.00. Following the completion of the sale, the insider owned 34,526 shares of the company’s stock, valued at $2,071,560. This trade represents a 6.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of PRLB. Royal Bank of Canada boosted its stake in shares of Proto Labs by 51.3% in the first quarter. Royal Bank of Canada now owns 6,510 shares of the industrial products company’s stock worth $228,000 after buying an additional 2,207 shares during the last quarter. AQR Capital Management LLC increased its stake in Proto Labs by 3.3% during the 1st quarter. AQR Capital Management LLC now owns 63,871 shares of the industrial products company’s stock worth $2,238,000 after buying an additional 2,040 shares in the last quarter. NewEdge Advisors LLC raised its stake in Proto Labs by 7,380.0% in the 1st quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 738 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Proto Labs by 68.8% in the second quarter. JPMorgan Chase & Co. now owns 21,756 shares of the industrial products company’s stock valued at $871,000 after buying an additional 8,864 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in Proto Labs by 3.5% in the 2nd quarter. Franklin Resources Inc. now owns 30,864 shares of the industrial products company’s stock worth $1,236,000 after purchasing an additional 1,048 shares in the last quarter. 84.54% of the stock is owned by institutional investors and hedge funds.

About Proto Labs

Proto Labs, Inc is a digital manufacturing company that offers on-demand production services for custom parts and prototypes. Utilizing technologies such as 3D printing (additive manufacturing), CNC machining and injection molding, the company transforms digital CAD designs into functional parts on accelerated timelines. Its platform-driven process combines automated quoting, rapid tool generation and manufacturing execution to serve product developers, engineers and small- to medium-sized production runs.

Founded in 1999 by Larry Lukis, Proto Labs has championed the application of digital workflows to traditional manufacturing methods.