Stratasys (NASDAQ:SSYS) Trading 12.2% Higher – Here’s Why

Stratasys, Ltd. (NASDAQ:SSYS) shares rose 12.2% on Tuesday . The stock traded as high as $10.35 and last traded at $10.12. Approximately 1,472,495 shares traded hands during mid-day trading, an increase of 55% from the average daily volume of 947,330 shares. The stock had previously closed at $9.02.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Craig Hallum dropped their price objective on shares of Stratasys from $14.00 to $12.00 and set a “buy” rating for the company in a report on Friday, March 6th. Weiss Ratings raised Stratasys from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday. Finally, Needham & Company LLC reduced their price objective on Stratasys from $12.00 to $11.50 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Four equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Stratasys has a consensus rating of “Moderate Buy” and a consensus target price of $12.33.

Stratasys Price Performance

The company has a market capitalization of $832.43 million, a P/E ratio of -7.16 and a beta of 1.86. The stock’s 50 day simple moving average is $8.33 and its two-hundred day simple moving average is $9.24.

Stratasys (NASDAQ:SSYS) last released its quarterly earnings results on Thursday, May 7th. The technology company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.02) by $0.01. The business had revenue of $132.70 million for the quarter, compared to analysts’ expectations of $131.82 million. Stratasys had a negative net margin of 21.00% and a negative return on equity of 1.73%. Stratasys’s revenue was down 2.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.04 earnings per share. Stratasys has set its FY 2026 guidance at 0.090-0.140 EPS. As a group, equities research analysts expect that Stratasys, Ltd. will post -0.17 earnings per share for the current year.

Institutional Investors Weigh In On Stratasys

Hedge funds and other institutional investors have recently made changes to their positions in the company. Hussman Strategic Advisors Inc. bought a new position in Stratasys in the third quarter valued at approximately $2,352,000. Kopion Asset Management LLC boosted its position in shares of Stratasys by 21.7% in the 4th quarter. Kopion Asset Management LLC now owns 935,626 shares of the technology company’s stock worth $8,121,000 after purchasing an additional 166,523 shares during the last quarter. TSP Capital Management Group LLC grew its stake in shares of Stratasys by 15.2% during the fourth quarter. TSP Capital Management Group LLC now owns 1,088,150 shares of the technology company’s stock worth $9,445,000 after purchasing an additional 143,800 shares during the period. Exchange Traded Concepts LLC increased its holdings in Stratasys by 18.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 1,629,459 shares of the technology company’s stock valued at $14,144,000 after purchasing an additional 256,908 shares during the last quarter. Finally, Capital World Investors acquired a new position in Stratasys in the third quarter valued at about $15,204,000. 75.77% of the stock is owned by institutional investors and hedge funds.

About Stratasys

Stratasys, Inc is a global leader in additive manufacturing and 3D printing solutions, offering a comprehensive portfolio of technologies and materials for rapid prototyping and production. Founded in 1989 by Scott and Lisa Crump, the company pioneered fused deposition modeling (FDM) and has since expanded its capabilities to include PolyJet, stereolithography and metal deposition systems. Stratasys serves a broad array of customers, from small design studios to major industrial manufacturers, enabling accelerated product development and on-demand part production.

The company’s product line encompasses both desktop and industrial-grade 3D printers, dedicated support materials and proprietary software designed to streamline the digital manufacturing workflow.