Stratasys (NASDAQ:SSYS) Shares Gap Down - Here's What Happened

Key Points

• Stratasys shares initially fell, opening at $8.27 versus the prior close of $8.84, before trading at $9.1890 on volume of 194,426 shares.
• Analyst sentiment remains generally positive, with one Strong Buy, four Buy and one Sell rating; the stock has a “Moderate Buy” consensus and an average price target of $12.33.
• The company’s latest quarterly results beat EPS expectations at $0.03 versus $0.01, though revenue of $137.61 million slightly missed forecasts and declined 0.4% year over year. Institutional investors own 75.77% of the shares.

Stratasys, Ltd. (NASDAQ:SSYS - Get Free Report)'s share price gapped down prior to trading 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.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Weiss Ratings raised Stratasys from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Thursday, May 21st. Zacks Research raised shares of Stratasys from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $12.33.

Stratasys Trading Up 2.6%

The firm has a market cap of $781.56 million, a P/E ratio of -6.71 and a beta of 1.94. The business's fifty day moving average price is $8.48 and its two-hundred day moving average price is $8.95.

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

Hedge Funds Weigh In On Stratasys

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rubric Capital Management LP raised its position in Stratasys by 9.0% in 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 in the last quarter. State Street Corp grew its position in Stratasys by 998.4% in the fourth 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 period. Segall Bryant & Hamill LLC bought a new stake in shares of Stratasys in the 1st quarter worth about $11,107,000. TSP Capital Management Group LLC increased its holdings in shares of Stratasys by 2.1% during the first quarter. TSP Capital Management Group LLC now owns 1,110,850 shares of the technology company's stock worth $8,676,000 after buying an additional 22,700 shares in the last quarter. Finally, Legal & General Group Plc raised its position in Stratasys by 11.6% in the 4th quarter. Legal & General Group Plc now owns 1,032,041 shares of the technology company's stock valued at $8,958,000 after purchasing an additional 107,472 shares during the last quarter. 75.77% of the stock is currently owned by institutional investors.

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.

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