Stratasys (NASDAQ:SSYS) Shares Gap Down – Time to Sell?

Stratasys, Ltd. (NASDAQ:SSYS)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $8.84, but opened at $8.27. Stratasys shares last traded at $9.1890, with a volume of 194,426 shares traded.

Analysts Set New Price Targets

A number of equities analysts have issued reports on SSYS shares. Weiss Ratings upgraded Stratasys from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, May 21st. Zacks Research raised Stratasys from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Stratasys currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.33.

Stratasys Stock Performance

The company’s fifty day simple moving average is $8.48 and its two-hundred day simple moving average is $8.95. The stock has a market capitalization of $781.56 million, a P/E ratio of -6.71 and a beta of 1.94.

Stratasys (NASDAQ:SSYS) last announced its earnings results on Thursday, August 13th. The technology company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. Stratasys had a negative net margin of 21.00% and a negative return on equity of 1.73%. The company had revenue of $137.61 million during the quarter, compared to analysts’ expectations of $138.48 million. During the same quarter in the previous year, the business posted $0.03 earnings per share. Stratasys’s quarterly revenue was down .4% on a year-over-year basis. Stratasys has set its FY 2026 guidance at 0.090-0.140 EPS. On average, research analysts predict that Stratasys, Ltd. will post -0.16 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Stratasys

A number of hedge funds and other institutional investors have recently made changes to their positions in SSYS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Stratasys by 3.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 212,555 shares of the technology company’s stock worth $2,148,000 after buying an additional 6,306 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Stratasys by 41.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 332,395 shares of the technology company’s stock valued at $3,813,000 after acquiring an additional 96,731 shares during the period. Russell Investments Group Ltd. lifted its position in shares of Stratasys by 17.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 78,902 shares of the technology company’s stock valued at $905,000 after acquiring an additional 11,808 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Stratasys during the 2nd quarter worth $1,708,000. Finally, Marshall Wace LLP acquired a new stake in shares of Stratasys during the 2nd quarter worth $574,000. 75.77% of the stock is currently owned by institutional investors and hedge funds.

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.