Key Highlights:
- 3D Systems Corporation's (DDD, Financial) revenue dropped in Q3 2024, yet strategic partnerships may fuel growth.
- Analysts predict significant potential upside, with one-year price targets suggesting a 77.90% increase.
- GuruFocus estimates a 200% gain based on GF Value calculations.
3D Systems Corporation (NYSE: DDD) operates in the fluctuating 3D printing landscape and is currently managing volatility with a market cap of $459.75 million. Despite a revenue decline, down to $112.94 million in the third quarter of 2024, strategic partnerships position the company for potential future growth.
Wall Street Analysts Forecast
3D Systems Corp (DDD, Financial) has captured the attention of analysts, with three providing a one-year average price target of $3.17. This estimate includes a high of $5.00 and a low of $2.00, suggesting a potential upside of 77.90% from the current share price of $1.78. For a more comprehensive view, visit the 3D Systems Corp (DDD) Forecast page.
In terms of broker recommendations, 3D Systems (DDD, Financial) holds an average rating of 2.8 from four brokerage firms, indicating a "Hold" position. The rating scale ranges from 1 (Strong Buy) to 5 (Sell).
Furthermore, according to GuruFocus estimates, the projected GF Value for 3D Systems Corp (DDD, Financial) in one year is $5.34. This suggests a remarkable 200% upside potential from the current stock price of $1.78. GF Value, a proprietary metric from GuruFocus, is calculated based on historical trading multiples and past and future business performance estimates. More insights are available on the 3D Systems Corp (DDD) Summary page.
