10 Best 3D Printing Stocks To Buy Right Now

6. PTC Inc. (NASDAQ:PTC)

Number of Hedge Fund Holders: 39

PTC Inc. (NASDAQ:PTC) ranks sixth on our list of the best 3D printing stocks to buy right now. The application software company operates across two major segments, computer-aided design and lifecycle management. Under its CAD segment, the company provides extensive additive manufacturing services.

The company allows users to optimize, ideate, validate, and print their designs all under the same roof. Creo, PTC’s (NASDAQ:PTC), fully integrated computer-aided design (CAD) solution, helps users develop innovative designs and print them using a wide range of available printers. The all-in-one platform is time-efficient and flexible.

In the fiscal third quarter of 2024, PTC Inc. (NASDAQ:PTC) logged revenue worth $519 million and expects to report revenue between $2.27 billion and $2.32 billion for the fiscal year 2024. The company also expects to spend $15 million in capital expenditures during the fiscal year 2024, bringing free cash flow to $725 million.

PTC Inc. (NASDAQ:PTC) is transforming the industrial and manufacturing industry using its pioneering additive technologies. The company has more than 30,000 customers globally, evidence of its growing customer base and vast network.