3D Printing Industry Shows Potential for Growth, But Remains Volatile\n\nThe 3D printing industry has had its share of ups and downs, but recent projections show potential for growth. According to Grand View Research, the global 3D printing market is expected to reach $88.28 billion by 2030, with a compound annual growth rate of 23.3%. For those willing to take a chance, these 3D printing stocks may be worth considering.\n\nStratasys (NASDAQ:SSYS), an Israel-based company that offers a range of 3D printing products and services. In addition to its direct-play 3D printing innovation, Stratasys also produces software and materials for polymer additive manufacturing and offers 3D-printed parts on demand. With a market capitalization of just under $998 million, Stratasys has seen a 25% increase in equity value since the start of the year. Financially, the company has a strong balance sheet, with a cash-to-debt ratio of 18.38 and an equity-to-asset ratio that ranks better than 81.77% of its competitors. Wall Street analysts have also given Stratasys a consensus strong buy rating, with an average price target of $17.75, implying nearly 19% upside potential.\n\nVelo3D (NYSE:VLD), a California-based provider of metal 3D printing solutions. With a market value of just under $400 million, Velo3D has seen a 26% increase in equity value since the beginning of the year. While the company has seen a 50% decrease in share value in the past year, it has a strong balance sheet with a cash-to-debt ratio that ranks better than 68.5% of its peers. Analysts have given Velo3D a consensus moderate buy rating, with an average price target of $3.70, implying over 68% upside potential.\n\nShapeways (NYSE:SHPW) offers a comprehensive platform for all things 3D printing, including software solutions, on-demand printing services, and a marketplace for buyers and sellers to connect. With a market value of just under $300 million, Shapeways has seen a 5% increase in share value since the beginning of the year. In the past 12 months, shares have seen a 50% decrease, making this a high-risk investment. Analysts have given Shapeways a consensus moderate buy rating, with an average price target of $3.70, implying over 68% upside potential.\n\nWhile the 3D printing industry shows promise for growth, it remains highly volatile.
“3D Printing Industry Shows Potential for Growth, But Remains Volatile\n\nThe 3D printing industry has had its share of ups and downs, but recent projections show potential for growth. According to Grand View Research, the global 3D printing market is expected to reach $88.28 billion by 2030, with a compound annual growth rate of 23.3%. For those willing to take a chance, these 3D printing stocks may be worth considering.\n\nStratasys (NASDAQ:SSYS), an Israel-based company that offers a range of 3D printing products and services. In addition to its direct-play 3D printing innovation, Stratasys also produces software and materials for polymer additive manufacturing and offers 3D-printed parts on demand. With a market capitalization of just under $998 million, Stratasys has seen a 25% increase in equity value since the start of the year. Financially, the company has a strong balance sheet, with a cash-to-debt ratio of 18.38 and an equity-to-asset ratio that ranks better than 81.77% of its competitors. Wall Street analysts have also given Stratasys a consensus strong buy rating, with an average price target of $17.75, implying nearly 19% upside potential.\n\nVelo3D (NYSE:VLD), a California-based provider of metal 3D printing solutions. With a market value of just under $400 million, Velo3D has seen a 26% increase in equity value since the beginning of the year. While the company has seen a 50% decrease in share value in the past year, it has a strong balance sheet with a cash-to-debt ratio that ranks better than 68.5% of its peers. Analysts have given Velo3D a consensus moderate buy rating, with an average price target of $3.70, implying over 68% upside potential.\n\nShapeways (NYSE:SHPW) offers a comprehensive platform for all things 3D printing, including software solutions, on-demand printing services, and a marketplace for buyers and sellers to connect. With a market value of just under $300 million, Shapeways has seen a 5% increase in share value since the beginning of the year. In the past 12 months, shares have seen a 50% decrease, making this a high-risk investment. Analysts have given Shapeways a consensus moderate buy rating, with an average price target of $3.70, implying over 68% upside potential.\n\nWhile the 3D printing industry shows promise for growth, it remains highly volatile.”$VLD2023-12-29T10:52:31.465Z
