Brokerages Set Proto Labs, Inc. (NYSE:PRLB) Target Price at $53.33

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

PRLB has been the topic of several analyst reports. Zacks Research raised shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Benchmark boosted their price target on shares of Proto Labs from $45.00 to $55.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Proto Labs in a report on Thursday, January 22nd.

Insiders Place Their Bets

In other Proto Labs news, insider Michael R. Kenison sold 2,500 shares of Proto Labs 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 transaction, the insider owned 34,526 shares in the company, valued at approximately $2,071,560. The trade was a 6.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.70% of the stock is owned by corporate insiders.

Institutional Trading of Proto Labs

Several large investors have recently made changes to their positions in PRLB. Rubric Capital Management LP grew its holdings in Proto Labs by 791.9% during the 2nd quarter. Rubric Capital Management LP now owns 1,034,171 shares of the industrial products company’s stock worth $41,408,000 after acquiring an additional 918,219 shares during the last quarter. American Capital Management Inc. lifted its position in shares of Proto Labs by 417.0% during the third quarter. American Capital Management Inc. now owns 279,296 shares of the industrial products company’s stock worth $13,973,000 after purchasing an additional 225,269 shares in the last quarter. Polar Asset Management Partners Inc. acquired a new position in shares of Proto Labs during the third quarter worth approximately $6,425,000. SG Capital Management LLC bought a new stake in shares of Proto Labs during the third quarter valued at approximately $5,683,000. Finally, Lazard Asset Management LLC increased its holdings in shares of Proto Labs by 952.6% in the third quarter. Lazard Asset Management LLC now owns 90,587 shares of the industrial products company’s stock valued at $4,532,000 after purchasing an additional 81,981 shares in the last quarter. Institutional investors own 84.54% of the company’s stock.

Proto Labs Trading Up 1.5%

NYSE PRLB opened at $67.45 on Wednesday. Proto Labs has a 1-year low of $29.58 and a 1-year high of $68.91. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 76.64 and a beta of 1.24. The stock’s 50 day moving average is $54.67 and its two-hundred day moving average is $51.32.

Proto Labs (NYSE:PRLB) last posted its earnings results on Friday, February 6th. The industrial products company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.35 by $0.09. Proto Labs had a return on equity of 3.20% and a net margin of 3.98%.The business had revenue of $136.49 million during the quarter, compared to the consensus estimate of $129.07 million. During the same quarter last year, the company earned $0.38 EPS. Proto Labs’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. On average, analysts predict that Proto Labs will post 0.81 earnings per share for the current year.

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.