Stratasys (SSYS) Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Stratasys in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SSYS shares.
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3 analysts have issued 12-month target prices for Stratasys' shares. Their SSYS share price forecasts range from $15.00 to $24.00. On average, they predict the company's stock price to reach $20.50 in the next year. This suggests a possible upside of 26.5% from the stock's current price.
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Stratasys' stock was trading at $11.86 at the start of the year. Since then, SSYS shares have increased by 36.7% and is now trading at $16.21.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our SSYS earnings forecast.

Stratasys Ltd. (NASDAQ:SSYS) posted its quarterly earnings results on Thursday, November, 4th. The technology company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.07. The technology company had revenue of $159 million for the quarter, compared to the consensus estimate of $150.08 million. Stratasys had a negative trailing twelve-month return on equity of 2.25% and a negative net margin of 4.75%. The company's revenue for the quarter was up 24.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.12) EPS.

ETFs with the largest weight of Stratasys (NASDAQ:SSYS) stock in their portfolio include Pacer BlueStar Engineering the Future ETF (BULD), 3D Printing ETF (PRNT), ProShares S&P Kensho Smart Factories ETF (MAKX), ARK Israel Innovative Technology ETF (IZRL), ROBO Global Robotics & Automation ETF (ROBO), ARK Autonomous Technology & Robotics ETF (ARKQ), BlueStar Israel Technology ETF (ITEQ) and ALPS Disruptive Technologies ETF (DTEC).

Stratasys updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of $0.12-$0.24 for the period, compared to the consensus estimate of $0.16. The company issued revenue guidance of $630.00 million-$670.00 million, compared to the consensus revenue estimate of $637.74 million.

27 employees have rated Stratasys Chief Executive Officer Elan Jaglom on Glassdoor.com. Elan Jaglom has an approval rating of 49% among the company's employees. This puts Elan Jaglom in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Stratasys investors own include 3D Systems (DDD), Tesla (TSLA), Micron Technology (MU), Gilead Sciences (GILD), Netflix (NFLX), NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), QUALCOMM (QCOM) and Twitter (TWTR).

Stratasys trades on the NASDAQ under the ticker symbol "SSYS."

Stratasys' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Neuberger Berman Group LLC (5.68%), Dimensional Fund Advisors LP (3.99%), ARK Investment Management LLC (2.63%), Sumitomo Mitsui Trust Holdings Inc. (2.44%), Nikko Asset Management Americas Inc. (2.44%) and Douglas Lane & Associates LLC (2.35%).

Shares of SSYS 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 SSYS stock can currently be purchased for approximately $16.21.

Stratasys (NASDAQ:SSYS) has a market capitalization of $1.11 billion and generates $651.48 million in revenue each year. The technology company earns $-28,970,000.00 in net income (profit) each year or ($0.46) on an earnings per share basis.

The company employs 2,062 workers across the globe.

Stratasys' mailing address is 7665 COMMERCE WAY, EDEN PRAIRIE MN, 76124. The official website for the company is www.stratasys.com. The technology company can be reached via phone at (952) 937-3000, via email at yonah.lloyd@stratasys.com, or via fax at 952-937-0070.