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

Stratasys (NASDAQ:SSYSGet Free Report) had its price target lowered by equities research analysts at Needham & Company LLC from $12.00 to $11.50 in a research note issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. Needham & Company LLC’s target price points to a potential upside of 26.37% from the company’s previous close.

A number of other analysts also recently weighed in on SSYS. Cantor Fitzgerald upped their price target on shares of Stratasys from $13.00 to $13.50 and gave the stock an “overweight” rating in a report on Friday, November 14th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Stratasys in a report on Thursday, January 22nd. 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $12.50.

Read Our Latest Stock Analysis on SSYS

Stratasys Stock Performance

SSYS opened at $9.10 on Thursday. The company has a quick ratio of 2.69, a current ratio of 3.65 and a debt-to-equity ratio of 0.03. Stratasys has a 12-month low of $8.12 and a 12-month high of $12.81. The business has a 50 day moving average of $10.38 and a 200-day moving average of $10.23. The stock has a market cap of $774.32 million, a price-to-earnings ratio of -5.62 and a beta of 1.68.

Stratasys (NASDAQ:SSYSGet Free Report) last posted its earnings results on Thursday, March 5th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. The company had revenue of $140.00 million during the quarter, compared to analysts’ expectations of $139.32 million. Stratasys had a negative net margin of 22.69% and a negative return on equity of 0.72%. Stratasys’s quarterly revenue was down 6.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.12 EPS. Stratasys has set its FY 2026 guidance at -0.950–0.760 EPS. On average, equities research analysts expect that Stratasys will post -0.4 earnings per share for the current year.

Institutional Investors Weigh In On Stratasys

Large investors have recently added to or reduced their stakes in the business. TD Waterhouse Canada Inc. purchased a new position in Stratasys in the 4th quarter valued at approximately $25,000. Global Retirement Partners LLC bought a new stake in Stratasys during the fourth quarter valued at $26,000. Advisory Services Network LLC purchased a new position in Stratasys during the third quarter worth about $34,000. Raymond James Financial Inc. bought a new position in shares of Stratasys in the second quarter worth approximately $35,000. Finally, State of Alaska Department of Revenue purchased a new stake in shares of Stratasys during the 3rd quarter valued at $45,000. Institutional investors and hedge funds own 75.77% of the company’s stock.

Key Stories Impacting Stratasys

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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