Stratasys - SSYS Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stratasys in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SSYS shares.
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4 brokers have issued twelve-month price targets for Stratasys' stock. Their SSYS share price forecasts range from $15.00 to $24.00. On average, they predict the company's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 43.9% from the stock's current price.
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Stratasys' stock was trading at $11.86 at the beginning of the year. Since then, SSYS shares have increased by 23.0% and is now trading at $14.59.
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Stratasys saw a drop in short interest in February. As of February 28th, there was short interest totaling 559,800 shares, a drop of 27.4% from the February 13th total of 771,400 shares. Based on an average daily volume of 445,100 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.0% of the company's stock are sold short.
View Stratasys' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 15th 2023.
View our SSYS earnings forecast.

Stratasys Ltd. (NASDAQ:SSYS) released its quarterly earnings results on Thursday, November, 4th. The technology company reported $0.01 earnings per share for the quarter, beating 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 net margin of 4.45% and a negative trailing twelve-month return on equity of 2.26%. Stratasys's revenue for the quarter was up 24.3% on a year-over-year basis. During the same quarter last year, the firm earned ($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), ALPS Disruptive Technologies ETF (DTEC) and BlueStar Israel Technology ETF (ITEQ).

Stratasys updated its FY 2023 earnings guidance on Thursday, March, 2nd. The company provided earnings per share (EPS) guidance of $0.12-$0.24 for the period, compared to the consensus EPS estimate of $0.20. The company issued revenue guidance of $620.00 million-$670.00 million, compared to the consensus revenue estimate of $655.15 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 variety of retail and institutional investors. Top institutional investors include Phoenix Holdings Ltd. (0.00%), Neuberger Berman Group LLC (0.00%), Dimensional Fund Advisors LP (4.41%), Granahan Investment Management LLC (3.12%), ARK Investment Management LLC (3.11%) and Sumitomo Mitsui Trust Holdings Inc. (2.97%).

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 $14.59.

Stratasys (NASDAQ:SSYS) has a market capitalization of $978.84 million and generates $651.48 million in revenue each year. The technology company earns $-28,970,000.00 in net income (profit) each year or ($0.45) 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.