11 Best 3D Printing and Additive Manufacturing Stocks to Buy

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8. Stratasys Ltd. (NASDAQ:SSYS)

Analyst Upside Potential: 33.97%

Number of Hedge Fund Holders: 20

Stratasys Ltd. (NASDAQ:SSYS) specializes in polymer-based additive manufacturing and 3D printing solutions. It provides advanced 3D printers, consumables, software, and services that cater to a wide range of industries including aerospace, automotive, healthcare, education, consumer products, and more.

On March 5, James Ricchiuti from Needham maintained a Buy rating on the stock with a price target of $13. In fiscal 2024 Stratasys Ltd. (NASDAQ:SSYS) reported significant financial and strategic developments. Its Manufacturing segment grew and the revenue from this segment now accounts for 36% of revenues in 2024, up from 34% in 2023. Moreover, despite an overall 6.9% decline in revenue, the company improved its adjusted gross margin by 100 basis points to 49.2%, reflecting strong cost controls.

In addition, the company continues to enhance FDM technology, which is the most popular 3D printing method globally. Some recent innovations include Fortus FDC Filament Dryer which improves printer uptime by up to 2.7 times and eliminates moisture-related defects. The stock was held by 20 hedge funds in Q4 2024 making it one of the best 3D printing and additive manufacturing stocks to buy.

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