Why is DDD stock down today?

Why 3D Systems Stock Is Falling Today. Shares of 3D Systems (NYSE: DDD), a 3D-printing company, were falling today after it reported first-quarter results. 3D Systems reported a non-GAAP loss of $0.06 per share in the first quarter, which was worse than analysts’ consensus estimate of flat earnings for the quarter.

Will 3D printing stocks go up?

Additive manufacturing enables customers to develop safe and durable products in sizeable quantities. According to Grandview Research, the 3D printing market will grow at a staggering 21% CAGR from 2021 to 2028.

Is 3D printing worth investing in?

3D printers are a worthy investment if you take the time to learn the process thoroughly and act on the information. Have a plan and you can save, as well as make money with 3D printing. Everyone has the potential to make it a worthy investment.

Will 3D printing stocks rebound?

Will 3D Printing Stocks Rebound? 3D printing isn’t going anywhere. If anything, it’s going to become more and more used. Supply and demand will always drive a free market.

What is the future of DDD stock?

3D Systems Corp (NYSE:DDD) The 7 analysts offering 12-month price forecasts for 3D Systems Corp have a median target of 12.00, with a high estimate of 21.00 and a low estimate of 10.00. The median estimate represents a +10.60% increase from the last price of 10.85.

Is DDD a buy or sell?

Out of 1 analyst, 1 (100%) are recommending DDD as a Strong Buy, 0 (0%) are recommending DDD as a Buy, 0 (0%) are recommending DDD as a Hold, 0 (0%) are recommending DDD as a Sell, and 0 (0%) are recommending DDD as a Strong Sell. What is DDD’s earnings growth forecast for 2022-2024?

Is DDD stock a buy?

The consensus among 1 Wall Street analyst covering (NYSE: DDD) stock is to Strong Buy DDD stock.

Who is the leader in 3D printing?

3D Systems (NASDAQ: DDD) 3D Systems is the most valuable and biggest 3D printing companies in the world, with a market capitalization of $2.2 billion. The company sells a variety of items, including 3D printers, printing materials, digital design tools, and more.

Should you buy DDD stock?

3D Systems Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Will DDD stock go up?

Is DDD overvalued?

PB vs Industry: DDD is overvalued based on its Price-To-Book Ratio (1.7x) compared to the US Tech industry average (1.3x).

What happened to 3D printing stocks?

Back in the early 2010s, stocks were booming for 3D printing — also known as additive manufacturing, a computer-controlled process in which three-dimensional objects are made. But the boom was followed by a bust as many pure-play 3D printing companies didn’t immediately deliver on lofty expectations.

Is the 3D printing industry a good investment?

The 3D printing industry is comprised of only a handful of companies, such as Proto Labs Inc. (PRLB) and Faro Technologies Inc. (FARO). The industry is so young that it has no meaningful benchmark index. But the performance of these stocks can be compared to the broader market as represented by the Russell 1000 Index.

What is the market cap of 3D printing?

3D printing stock market cap: $4.39b 3D printing share price: $34.76 Area of 3D printing: metal 3D printers, SLA 3D printers, SLS 3D printers, PolyJet, 3D scanners The original 3D printer company, and industry legend of over 30 years, 3D printing would likely not be where it is now without 3D Systems.

How much is Markforged 3D printing stock worth?

Formed in 2013 by Greg Mark, Markforged very recently announced a SPAC merger with ONE to list at a $2.1b valuation. Markforged print with composite materials like carbon fiber to produce extremely durable parts, and have moved into metal 3D printing since. This merger is due to close in summer 2021. 3D printing stock market cap: $4.39b