Materialise (MTLS) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Materialise in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MTLS shares.
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2 equities research analysts have issued 12 month price targets for Materialise's stock. Their MTLS share price forecasts range from $11.00 to $12.00. On average, they anticipate the company's share price to reach $11.50 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price.
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Materialise's stock was trading at $8.80 on January 1st, 2023. Since then, MTLS stock has increased by 11.4% and is now trading at $9.80.
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Materialise saw a decrease in short interest in May. As of May 15th, there was short interest totaling 221,900 shares, a decrease of 13.2% from the April 30th total of 255,500 shares. Based on an average daily trading volume, of 98,500 shares, the short-interest ratio is presently 2.3 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our MTLS earnings forecast.

Materialise NV (NASDAQ:MTLS) issued its quarterly earnings data on Thursday, April, 27th. The software maker reported $0.07 earnings per share for the quarter. The software maker had revenue of $71.65 million for the quarter. Materialise had a trailing twelve-month return on equity of 0.61% and a net margin of 0.58%.

ETFs with the largest weight of Materialise (NASDAQ:MTLS) stock in their portfolio include 3D Printing ETF (PRNT), Pacer BlueStar Engineering the Future ETF (BULD), ALPS Disruptive Technologies ETF (DTEC), ARK Autonomous Technology & Robotics ETF (ARKQ), ROBO Global Robotics & Automation ETF (ROBO), ROBO Global Healthcare Technology and Innovation ETF (HTEC), Invesco Nasdaq Future Gen 200 ETF (QQQS) and ERShares NextGen Entrepreneurs ETF (ERSX).

Materialise issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $282.75 million-$282.75 million, compared to the consensus revenue estimate of $283.98 million.

52 employees have rated Materialise Chief Executive Officer Wilfried Vancraen on Glassdoor.com. Wilfried Vancraen has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Materialise investors own include NVIDIA (NVDA), Block (SQ), Advanced Micro Devices (AMD), Alibaba Group (BABA), Micron Technology (MU), Gilead Sciences (GILD), Tesla (TSLA), DocuSign (DOCU), Stratasys (SSYS) and 3D Systems (DDD).

Materialise trades on the NASDAQ under the ticker symbol "MTLS."

Materialise's stock is owned by many different institutional and retail investors. Top institutional shareholders include Nikko Asset Management Americas Inc. (3.49%), Sumitomo Mitsui Trust Holdings Inc. (3.49%), ARK Investment Management LLC (2.58%), Exchange Traded Concepts LLC (2.47%), Renaissance Technologies LLC (0.59%) and State Street Corp (0.52%).

Shares of MTLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MTLS stock can currently be purchased for approximately $9.80.

Materialise (NASDAQ:MTLS) has a market capitalization of $578.89 million and generates $242.81 million in revenue each year. The software maker earns $-2,240,000.00 in net income (profit) each year or $0.03 on an earnings per share basis.

The company employs 2,433 workers across the globe.

Materialise's mailing address is TECHNOLOGIELAAN 15, LEVUEN C9, 3001. The official website for the company is www.materialise.com. The software maker can be reached via phone at (321) 639-6611, via email at investors@materialise.com, or via fax at 321-639-6600.