Shapeways (SHPW) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shapeways in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SHPW shares.
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2 Wall Street research analysts have issued 1-year target prices for Shapeways' stock. Their SHPW share price forecasts range from $4.50 to $8.00. On average, they expect the company's share price to reach $6.25 in the next twelve months. This suggests a possible upside of 101.6% from the stock's current price.
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Shapeways' stock was trading at $4.3504 at the start of the year. Since then, SHPW stock has decreased by 28.7% and is now trading at $3.10.
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Shapeways saw a increase in short interest in August. As of August 31st, there was short interest totaling 40,100 shares, an increase of 309.2% from the August 15th total of 9,800 shares. Based on an average daily volume of 40,500 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.3% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our SHPW earnings forecast.

Shapeways Holdings, Inc. (NYSE:SHPW) issued its earnings results on Monday, August, 14th. The company reported ($0.99) EPS for the quarter. The business earned $8.44 million during the quarter. Shapeways had a negative trailing twelve-month return on equity of 39.80% and a negative net margin of 76.03%.

Shapeways's stock reverse split on the morning of Friday, June 23rd 2023. The 1-8 reverse split was announced on Friday, June 23rd 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, June 23rd 2023. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Shapeways updated its third quarter 2023 earnings guidance on Monday, August, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $8.50 million-$9.00 million, compared to the consensus revenue estimate of $8.45 million.

Shapeways trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHPW."

Shapeways' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include AWM Investment Company Inc. (4.81%), Marquette Asset Management LLC (0.40%), Renaissance Technologies LLC (0.30%) and Geode Capital Management LLC (0.17%). Insiders that own company stock include Greg Kress, Joseph Andrew Nied and Ventures V (Jersey) LP Index.
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Shares of SHPW 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 SHPW stock can currently be purchased for approximately $3.10.

Shapeways (NYSE:SHPW) has a market capitalization of $19.96 million and generates $33.16 million in revenue each year. The company earns $-20,220,000.00 in net income (profit) each year or ($3.87) on an earnings per share basis.

The company employs 191 workers across the globe.

Shapeways' mailing address is 1049 PARK AVE. 14A, NEW YORK NY, 10028. The official website for the company is www.galileospac.com. The company can be reached via phone at 734-422-6060 or via email at investors@shapeways.com.