Markets

Insider Trading

Hedge Funds

Retirement

Opinion

What happened to 3D printing stocks?

In this piece, we will take a look at the performance and developments surrounding 3D printing stocks.

A big reason Apple Inc. (NASDAQ:AAPL) is widely credited to be one of the most advanced personal computing companies in the world is the firm’s ability to blend in a device’s design with high end specifications. A key aspect of product design is manufacturing, which has slowly grown to become one of the most advanced industries in the world. Advances in manufacturing have also nearly completely re shaped the landscape of today’s technologies, with one high end manufacturing category, i.e. 3D printing or additive manufacturing, reshaping the way designers, businesses, and consumers produce and order gadgets.

3D printing’s utility allows high end jet engine manufacturers, such as General Electric Company (NYSE:GE) and RTX Corporation (NYSE:RTX) subsidiary Pratt & Whitney to fabricate complex components with high degrees of precision. At the same time, it also enables firms like the Ireland based medical device manufacturer Medtronic plc (NYSE:MDT) to create life like models of human organs such as the heart for testing, training, and other uses. For a detailed look at how GE and others are using 3D printing, you should read 10 Best 3D Printing and Additive Manufacturing Stocks To Buy.

While the allure of 3D printing to transform industries and generate revenue has always been strong, these stocks, like others that require significant capital investment, fluctuate in response to economic conditions. As proof, consider the performance of the Solactive 3D Printing Index (CHF). It is one of the earliest collections of 3D printing stocks which predates Ark Investment‘s well known The 3D Printing ETF (BATS:PRNT). Year to date, the Solactive index is down by 2.4%. However, the 3D printing stock index closed 3.9% higher on April 11th, which has proven as one of the most important stock market dates this year. The following day, markets and investor sentiment reworked their expectations for interest rate cuts later this year after evaluating fresh inflation data and earnings from big banks and saw them struggle with high costs which disappointed Wall Street estimates for net interest income. You can read more about this turmoil by clicking on 20 Most Profitable Banks in the US in 2024.

Shifting gears, while 3D printing stocks have responded negatively to investors shifting their rate cut expectations forward, individual stocks might be doing better. Some of the oldest 3D printing stocks you’re likely to find are Stratasys Ltd. (NASDAQ:SSYS) and 3D Systems Corporation (NYSE:DDD). These two have been trading on the stock market since the 1990s, and among them, Startsys’s shares have been the better performers. They are up by 466% in all time price gains, for a nice chunk of returns which peaked in 2014 when the shares touched $140. And just as is the case for the Solactive 3D Printing Index (CHF) these 3D printing stocks also jumped in 2021 after investors and media hyped up the potential offered by printers to create alternatives to traditional supply chain and manufacturing resources that were harmed by the post pandemic lockdowns.

These fluctuations are a classic representation of 3D printing stocks, which soar in popularity, see a growth in adoption, and then slowly fade away to bide their time. 2021’s 3D printing stock peak also led to this industry joining the special purpose acquisition company (SPAC) fever amongst firms eager to try their hand at a public listing. Some 3D printing stocks that went public during this time are Markforged Holding Corporation (NYSE:MKFG), Velo3D, Inc. (NYSE:VLD), and Shapeways Holdings, Inc. (NASDAQ:SHPW). Neither of these are stellar performers, and we can’t blame them given how high interest rates have gotten since their listing.

One 3D printing stock that has bucked the trend of being red in 2024 is the Boston based software firm PTC Inc. (NASDAQ:PTC). PTC is an example of the software arm of the 3D printing industry, which benefits from selling manufacturing software firms that rely on 3D printing. This enables it to directly benefit from any growth in the adoption of additive manufacturing technologies. Additionally, in case of a slowdown in 3D printing, PTC Inc. (NASDAQ:PTC) also benefits from product management and industrial software which allow it to generate recurring revenue. The shares have gained 6.7% year to date, outpacing the gains of all 3D printing stocks in this introduction and the Solactive 3D Printing Index (CHF).

The latest bit about this top performing 3D printing stock is for its first quarter earnings. The results saw PTC Inc. (NASDAQ:PTC) post $603 million in revenue and $0.95 in earnings per share. These beat analyst estimates of $576 million for revenue and $0.74 for the EPS. At its earnings call, management shared that PTC’s Creo software, used primarily in 3D printing applications, had led to an 11% annual recurring revenue (ARR) growth for its CAD business division.

So, as 3D printing stocks continue to prove to be an interesting bunch, we decided to see which stocks are finding favor with analysts. Analysts spend countless hours pouring over financial statements and business models to decide whether a firm can enhance its cash flow and shareholder value in the future. For 3D printing stocks, their take can provide important insight due to the hurdles that the industry faces with wide scale adoption and the stable potential offered by the software side. Some top 3D printing stocks in this list are Materialise NV (NASDAQ:MTLS), Stratasys Ltd. (NASDAQ:SSYS), and FARO Technologies, Inc. (NASDAQ:FARO).

minkus-aCniNTiIFd8-unsplash

Our Methodology

To make our list of the top 3D printing stocks according to analysts, we ranked the constituents of the Solactive 3D Printing Index (CHF) and those selected in our coverage of 13 Best 3D Printing Stocks To Invest In by the average analyst share price target upside and picked out the top stocks. Moreover, for each of these stocks, we looked at how many hedge funds from our database held shares according to the last round of 13F filings. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). That’s why we pay very close attention to this underlooked indicator.

What happened to 3D printing stocks?

10. AMETEK, Inc. (NYSE:AME)

Average Analyst Share Price Upside: 10%

Average Analyst Share Price Target: $187.46

AMETEK, Inc. (NYSE:AME) is a 3D printing hardware firm that sells printers and items such as coolers. The firm has beaten analyst EPS estimates in all four of its latest quarters, and it was out with a welcoming announcement for investors in May 2024. This announcement saw AMETEK, Inc. (NYSE:AME) declare a 28 cent quarterly dividend for the current quarter.

According to Insider Monkey’s data covering 933 hedge fund filings for 2023’s fourth quarter, 37 had held stakes in AMETEK, Inc. (NYSE:AME). Phill Gross And Robert Atchinson’s Adage Capital Management owned the most valuable stake which was worth $174 million.

Along with Materialise NV (NASDAQ:MTLS), Stratasys Ltd. (NASDAQ:SSYS), and FARO Technologies, Inc. (NASDAQ:FARO), AMETEK, Inc. (NYSE:AME) is a highly rated 3D printing stock according to analysts.

9. PTC Inc. (NASDAQ:PTC)

Average Analyst Share Price Upside: 13%

Average Analyst Share Price Target: $203

PTC Inc. (NASDAQ:PTC) is quite strongly rated when it comes to analyst sentiment. Data from 17 analysts shows that the average score is Strong Buy. Analyst coverage for the stock has been regular too, with multiple reiterations taking place in April and May. This month’s ratings have been varied so far. Baird, Mizuho, and Citigroup reiterated their Outperform, Buy, and Neutral ratings, respectively. Baird increased PTC Inc. (NASDAQ:PTC)’s share price target to $216 from $210, Mizuho cut it to $200 from $210, and Citi slashed it by $8 to $187.

Out of the 933 hedge fund SEC filings for Q4 2023 compiled by Insider Monkey, 47 mentioned PTC Inc. (NASDAQ:PTC). Among these hedge funds, the one with the most valuable stake was Stephen Mandel’s Lone Pine Capital. It owned $554 million worth of shares.

8. Align Technology, Inc. (NASDAQ:ALGN)

Average Analyst Share Price Upside: 21%

Average Analyst Share Price Target: $338.96

Align Technology, Inc. (NASDAQ:ALGN) is a medical devices manufacturer that functions on the consumer end of the 3D printing and additive manufacturing industry. Its shares have struggled in 2024 after having given up most of their gains in April and May. However, the recent first quarter earnings report saw Align Technology, Inc. (NASDAQ:ALGN)’s shares jump after EPS and revenue of $2.14 and $994 million exceeded $1.97 and $974 million in analyst estimates.

By December 2023 end, out of the 933 hedge funds part of Insider Monkey’s database, 50 had owned Align Technology, Inc. (NASDAQ:ALGN)’s shares. The one who reported the largest stake among these was Ken Fisher’s Millennium Management. Its stake at Q4 2023 end was worth $212 million.

7. Proto Labs, Inc. (NYSE:PRLB)

Average Analyst Share Price Upside: 29%

Average Analyst Share Price Target: $41.5

Proto Labs, Inc. (NYSE:PRLB) is a manufacturing firm that relies on using 3D printing to work with metal parts. Its shares have performed well in May 2024 after a strong quarterly showing with a ~40% annual revenue growth for a $3.21 million beat. Year to date the stock has struggled and is down 15%.

Out of the 933 hedge funds tracked by Insider Monkey at the end of last year, 19 were Proto Labs, Inc. (NYSE:PRLB)’s stakeholders. D. E. Shaw’s D E Shaw owned the most valuable stake which was worth $20.5 million.

6. Autodesk, Inc. (NASDAQ:ADSK)

Average Analyst Share Price Upside: 31%

Average Analyst Share Price Target: $287.44

Design software firm Autodesk, Inc. (NASDAQ:ADSK) is one of the more widely covered 3D printing stocks in the world. This is because its software is often indispensable to engineers and designers when they work with additive manufacturing. The shares are rated Buy on average, and the average analyst share price target is $287.44. However, Berenberg’s slicing note in May 2024 downgraded the shares to Hold from Buy and set a $294 price target. The downgrade reflected Autodesk, Inc. (NASDAQ:ADSK)’s inability to file its annual report with the SEC.

By the end of 2023’s final quarter, out of the 933 hedge funds in Insider Monkey’s database, 46 had held stakes in Autodesk, Inc. (NASDAQ:ADSK). William Von Mueffling’s Cantillon Capital Management reported the largest stake among these as it held $414 million worth of shares.

Materialise NV (NASDAQ:MTLS), Autodesk, Inc. (NASDAQ:ADSK), Stratasys Ltd. (NASDAQ:SSYS), and FARO Technologies, Inc. (NASDAQ:FARO) are some top rated analyst 3D printing stocks.

Click here to continue reading and see What happened to 3D printing stocks? Top 5 Stocks.

Suggested Articles:

Disclosure: None. What happened to 3D printing stocks? is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…