Brokerages Set Stratasys, Ltd. (NASDAQ:SSYS) PT at $12.33

Stratasys, Ltd. (NASDAQ:SSYS) has been given a consensus rating of “Moderate Buy” by the five research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $12.3333.

A number of analysts have weighed in on the stock. Needham & Company LLC cut their target price on shares of Stratasys from $12.00 to $11.50 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Weiss Ratings upgraded shares of Stratasys from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, May 21st. Finally, Craig Hallum cut their target price on shares of Stratasys from $14.00 to $12.00 and set a “buy” rating on the stock in a research report on Friday, March 6th.

Stratasys Price Performance

Shares of Stratasys stock opened at $9.66 on Wednesday. Stratasys has a fifty-two week low of $7.34 and a fifty-two week high of $12.81. The firm has a market capitalization of $832.40 million, a P/E ratio of -7.16 and a beta of 1.86. The company’s 50 day moving average price is $8.37 and its two-hundred day moving average price is $9.24.

Stratasys (NASDAQ:SSYS) last issued its earnings results on Thursday, May 7th. The technology company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. Stratasys had a negative net margin of 21.00% and a negative return on equity of 1.73%. The firm had revenue of $132.70 million for the quarter, compared to analyst estimates of $131.82 million. During the same quarter last year, the business posted $0.04 earnings per share. The company’s quarterly revenue was down 2.5% on a year-over-year basis. Stratasys has set its FY 2026 guidance at 0.090-0.140 EPS. On average, analysts expect that Stratasys will post -0.17 earnings per share for the current year.

Hedge Funds Weigh In On Stratasys

A number of hedge funds have recently modified their holdings of the business. Rubric Capital Management LP lifted its holdings in shares of Stratasys by 9.0% during the first quarter. Rubric Capital Management LP now owns 8,000,000 shares of the technology company’s stock worth $62,480,000 after purchasing an additional 659,974 shares during the period. Exchange Traded Concepts LLC lifted its holdings in shares of Stratasys by 18.7% during the fourth quarter. Exchange Traded Concepts LLC now owns 1,629,459 shares of the technology company’s stock worth $14,144,000 after purchasing an additional 256,908 shares during the period. State Street Corp lifted its holdings in shares of Stratasys by 998.4% during the fourth quarter. State Street Corp now owns 1,567,080 shares of the technology company’s stock worth $13,602,000 after purchasing an additional 1,424,415 shares during the period. Segall Bryant & Hamill LLC acquired a new position in shares of Stratasys during the first quarter worth $11,107,000. Finally, Capital World Investors acquired a new position in shares of Stratasys during the third quarter worth $15,204,000. Institutional investors and hedge funds own 75.77% of the company’s stock.

About Stratasys

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.