Stocks
3D printing stocks have been on a roller coaster since the general public discovered 3D printing in 2013. Most stocks have experienced exponential growth and peaked at the end of 2013, dropping to then peak again in the middle of 2014. After this relatively small bubble burst, causing some 3D printing stocks to lose as much as 80% of their value, many things have happened.
The reason why Protolabs and Materialise are doing very well now (and 3D software companies like Dassault and Autodesk have been doing very very well for over 5 years) is that they are perceived as service providers – which is (correctly) seen by analysts as a more immediately profitable operation for AM, since it does not require high capex. On the other hand, hardware companies such as Stratasys, 3DS, voxeljet and ExOne, while they do provide AM services, are seen primarily as hardware manufacturers. This means that they are expected to become profitable when large companies start bringing AM production in-house, which is going to happen more gradually.
So the stock growth progression goes: 3D Software -> AM Service -> AM Hardware. Today, while AM could be seen as a way for aerospace and automotive companies to streamline operations in the medium and long term, the huge shock to the aerospace and automotive sectors that is coming in the short term will impact these investments as well. We’ll see. And as always we’ll keep tracking all of this on 3D Printing Media Network’s free 3D Printing Stock Watch Service.
Nasdaq/NYSE Indexes:
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Sigma Labs closed its previously announced underwritten public offering of 1,488,507 shares of common stock at a public offering price of $3.00 per share. The company’s stock (SGLB) is trading in a range of $3.50 to $3.70 a share following the closing. The shares issued in this offering bring the…
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This morning 3D Systems (NYSE:DDD) reported the completion of the sale of its Cimatron and GibbsCAM software businesses to a subsidiary of ST Acquisition Co, resulting in purchase price proceeds of approximately $64.2 million. Using a portion of the proceeds from the sale, the company paid off approximately $21 million…
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Stratasys finalized its acquisition of Origin, a company that has created a manufacturing-grade 3D printer that uses programmable photo-polymerization. The acquisition is expected to accelerate Stratasys’s growth rate in 2021, which bodes well for a company that has pushed to expand its market and media share in a tough 2020.…
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As of today, December 10th, TRINE ACQUISITION CORP is to be negotiated on the NYSE under the Desktop Metal name, changing ticker from TRNE to DM and ISIN US89628U1088 to US25058X1054. That’s the note I got in my stock portfolio today. No huge surprise there. It was in the works…
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3D Systems Corporation announced higher-than-expected third-quarter 2020 financial results on November 5, 2020, right on the heels of announcing the sale of two business lines. Analysts had predicted that the company would post negative earnings per share (EPS), with low-end revenues. The firm announced more EPS and revenue. This earnings season…
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Materialise, one of the largest additive manufacturing companies in Europe, reported its third-quarter earnings on October 29, 2020. The results show Materialise recovering from the COVID shock to manufacturing on the strength of its software division. The company reported total revenue of 40 785 000 Euros, compared to 50 449…
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Desktop Metal, Inc. one of the first companies to target high-productivity for its metal AM technology, will become a publicly listed company. The stated goals for listing Desktop Metal on NYSE are to accelerate its growth trajectory within the rapidly growing additive manufacturing market and capitalize on the strong secular…
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Massachusetts-based Desktop Metal, Inc. has today announced it will become publicly listed with the aim of accelerating its growth. To go public, the company has entered a definitive business combination agreement with Trine Acquisition Corp. and HPS Investment Partners. The company will operate under the name Desktop Metal, Inc. and…
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voxeljet AG, a leading provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers, received a notice of noncompliance from the New York Stock Exchange on April 20, 2020, regarding Section 802.01C of the NYSE’s Listed Company Manual due to the fact that the average…
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AML3D, an Australia-based developer of large-format metal additive manufacturing systems, is now listed on the Australian Securities Exchange (ASX) and has successfully raised AUD$9 million through an Initial Public Offering (IPO). AML3D is known for its patented Wire Additive Manufacturing (WAM) process, which has received certification from Lloyd’s Register. It’s been…
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