Stratasys (NASDAQ:SSYS) Price Target Lowered to $11.50 at Needham & Company LLC

Stratasys (NASDAQ:SSYSFree Report) had its target price lowered by Needham & Company LLC from $12.00 to $11.50 in a research report released on Thursday morning,Benzinga reports. The brokerage currently has a buy rating on the technology company’s stock.

Several other equities research analysts have also recently issued reports on SSYS. Weiss Ratings reiterated a “sell (d-)” rating on shares of Stratasys in a research report on Thursday, January 22nd. Cantor Fitzgerald lifted their price target on shares of Stratasys from $13.00 to $13.50 and gave the company an “overweight” rating in a report on Friday, November 14th. Finally, UBS Group reiterated an “overweight” rating on shares of Stratasys in a research note on Friday, November 14th. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Stratasys presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.50.

View Our Latest Analysis on Stratasys

Stratasys Price Performance

Stratasys stock traded down $0.16 during mid-day trading on Thursday, hitting $8.94. The stock had a trading volume of 336,905 shares, compared to its average volume of 1,092,571. Stratasys has a one year low of $8.12 and a one year high of $12.81. The company has a current ratio of 3.65, a quick ratio of 2.69 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $760.70 million, a P/E ratio of -5.52 and a beta of 1.68. The firm’s 50 day moving average is $10.38 and its 200 day moving average is $10.23.

Stratasys (NASDAQ:SSYSGet Free Report) last announced 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. The business had revenue of $140.00 million for the quarter, compared to the consensus estimate of $139.32 million. Stratasys had a negative return on equity of 0.72% and a negative net margin of 22.69%.The business’s revenue was down 6.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.12 earnings per share. Stratasys has set its FY 2026 guidance at -0.950–0.760 EPS. On average, sell-side analysts forecast that Stratasys will post -0.4 earnings per share for the current fiscal year.

Institutional Trading of Stratasys

Large investors have recently made changes to their positions in the business. State Street Corp lifted its holdings in shares of Stratasys by 998.4% in the 4th quarter. State Street Corp now owns 1,567,080 shares of the technology company’s stock valued at $13,602,000 after acquiring an additional 1,424,415 shares during the last quarter. Capital World Investors purchased a new stake in Stratasys during the third quarter valued at approximately $15,204,000. Rubric Capital Management LP lifted its stake in shares of Stratasys by 18.3% in the 2nd quarter. Rubric Capital Management LP now owns 7,803,097 shares of the technology company’s stock valued at $89,502,000 after purchasing an additional 1,205,764 shares during the last quarter. UBS Group AG boosted its holdings in shares of Stratasys by 87.4% in the 4th quarter. UBS Group AG now owns 632,518 shares of the technology company’s stock worth $5,490,000 after purchasing an additional 294,908 shares during the period. Finally, Magnetar Financial LLC bought a new position in shares of Stratasys during the 2nd quarter valued at approximately $3,234,000. 75.77% of the stock is currently owned by institutional investors.

Stratasys News Roundup

Here are the key news stories impacting Stratasys this week:

Stratasys Company Profile

(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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