Stratasys (NASDAQ:SSYS) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of Stratasys (NASDAQ:SSYS) from a hold rating to a strong-buy rating in a report published on Monday morning,Zacks.com reports.

Separately, Weiss Ratings upgraded shares of Stratasys from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Stratasys has a consensus rating of “Moderate Buy” and an average target price of $12.33.

Stratasys Price Performance

Shares of NASDAQ SSYS opened at $7.95 on Monday. Stratasys has a 1-year low of $7.34 and a 1-year high of $12.81. The business has a fifty day moving average price of $8.73 and a 200 day moving average price of $9.13. The stock has a market capitalization of $685.05 million, a P/E ratio of -5.89 and a beta of 1.91.

Stratasys (NASDAQ:SSYS) last posted its earnings results on Thursday, May 7th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.01. The company had revenue of $132.70 million for the quarter, compared to analyst estimates of $131.82 million. Stratasys had a negative return on equity of 1.73% and a negative net margin of 21.00%.The firm’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same quarter in the previous 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 anticipate that Stratasys will post -0.17 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Stratasys

Several institutional investors and hedge funds have recently made changes to their positions in SSYS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Stratasys by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 212,555 shares of the technology company’s stock valued at $2,148,000 after acquiring an additional 6,306 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Stratasys by 41.0% in the second quarter. JPMorgan Chase & Co. now owns 332,395 shares of the technology company’s stock valued at $3,813,000 after purchasing an additional 96,731 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of Stratasys by 17.6% in the second quarter. Russell Investments Group Ltd. now owns 78,902 shares of the technology company’s stock valued at $905,000 after purchasing an additional 11,808 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in shares of Stratasys in the second quarter valued at about $1,708,000. Finally, Marshall Wace LLP purchased a new position in shares of Stratasys in the second quarter worth about $574,000. 75.77% of the stock is currently owned by institutional investors and hedge funds.

Stratasys Company Profile

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.