Cantor Fitzgerald Reiterates Overweight on Stratasys, Maintains $23 Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 30 2024
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Source: Benzinga
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Analyst Views on SSYS
Wall Street analysts forecast SSYS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SSYS is 13.17 USD with a low forecast of 12.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 11.050
Low
12.00
Averages
13.17
High
14.00
Current: 11.050
Low
12.00
Averages
13.17
High
14.00
About SSYS
Stratasys Ltd. provides polymer-based 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. The Company's solutions consist of 3D printing systems, consumables, software, paid parts, and professional services and encompass everything from prototyping and design all the way through production. Its printers include F3300, FDM Fortus 450mc, PolyJet J3 DentaJet, P3 DLP Origin One Dental, SLA Neo, PolyJet J5 Digital Anatomy, and Powder Bed Fusion SAF H350. The Company's technologies include FDM Technology, PolyJet Technology, P3 DLP Technology, SAF Technology, Stereolithography Technology and 3DFashion Technology. Its FDM 3D printing technology has the ability to use a variety of production grade thermoplastic materials featuring surface resolution, chemical and heat resistance, color, and mechanical properties necessary for production of functional prototypes and parts for a variety of industries with specific demands and requirements.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Stratasys Partners with Novineer to Enhance 3D Printing Performance
- Collaborative Innovation: Stratasys has partnered with Novineer to integrate the NoviPath polymer performance simulation solution into GrabCAD Print Pro software, enabling engineers to predict part performance during the design phase, thereby reducing the need for physical testing and enhancing design efficiency.
- Performance Enhancement: By utilizing GrabCAD toolpath data, NoviPath can achieve weight reductions of up to 35% on load-bearing parts, which not only lowers material costs but also enhances product competitiveness in the market.
- Market Leadership: As the first OEM to launch such a solution, Stratasys is redefining the application of material extrusion in production environments, strengthening its leadership position in the 3D printing industry.
- Future Outlook: The early access pilot program expected to launch in Q2 2026 will provide FDM performance simulation for Stratasys's FDM systems, further expanding its ecosystem of industrial 3D printing solutions.
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Airbus Produces 25,000 Flight-Ready 3D-Printed Parts Annually, Enhancing Aircraft Manufacturing Efficiency
- Production Efficiency Boost: Airbus is producing over 25,000 flight-ready 3D-printed parts annually, marking a significant transformation in aircraft manufacturing that greatly enhances maintenance efficiency across its global fleet.
- Weight and Cost Optimization: The implementation of Stratasys 3D printed parts on the A350 resulted in a 43% weight reduction, the elimination of Minimum Order Quantity (MOQ) requirements, and an 85% reduction in lead time, saving substantial costs and production time.
- Sustainability Commitment: Airbus's additive manufacturing technology not only accelerates part production but also reduces reliance on complex supply chains, supporting its goal of achieving carbon neutrality by 2050, reflecting a commitment to safe and sustainable aviation.
- Industry Transformation Signal: The widespread adoption of Stratasys technology in the aerospace sector signifies the arrival of certified additive manufacturing as a mainstream production method, driving demand for lighter, faster, and more resilient supply chains, indicating the next growth phase for the industry.
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