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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When Shapeways was founded in 2007, very few people, perhaps not even its three founders, could truly envision how the company would have evolved. Even those who understood back then the potential of AM, to become a democratizing, distributed manufacturing technology, could foresee how that long-term vision was going to…
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When AM, especially metal AM, broke onto the global manufacturing scene and became understood as a technology that could be used to make final parts—not just prototypes—with fewer or no geometric restrictions, engineers around the world began to understand that they had to rethink the way they designed these parts.…
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Common stocks of Velo3D (NYSE: VLD), a leading additive manufacturing technology company for mission-critical metal parts, have begun trading on the NYSE under the VLD ticker symbol. The trading of Velo3D on NYSE follows the previously announced merger with JAWS Spitfire Acquisition Corporation. The combined company will now operate as…
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Shapeways, a leader in the large and fast-growing digital manufacturing industry, completed the previously announced business combination with Galileo Acquisition Corp., a special purpose acquisition company – SPAC. It is a very significant moment for both Shapeways and the “new AM industry” that is evolving from using AM for traditional…
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The ExOne Company (Nasdaq: XONE) a global leader in industrial sand and metal 3D printers using binder jetting technology, reported a record second-quarter revenue of $18.8 million. Sales for the quarter increased 69% if compared to Q2 2020 and 44% if compared to Q1 2021 The company which was in…
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voxeljet (NASDAQ: VJET), a leading provider of high-speed, large-format 3D printers reported that total revenues for the second quarter increased 26.2% to €4.9 million from €3.9 million. The gross profit margin also increased to 28.6% from 25.9%. After Desktop Metal acquired both EnvisionTEC (which owns Viridis) and ExOne, voxeljet is…
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The Stratasys Q2 2021, which closed on June 31st, totaled revenues for $147 million, marking 25% growth over the same period in 2020 (which had only been partially hit by COVID restrictions). “Our strong second-quarter results were highlighted by a 25% year over year revenue improvement with growth from all…
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Prodways Group achieved consolidated revenues of over €17 million, up 54% during Q2 of fiscal year 2021/. This performance is the combined result of a favorable base effect combined with an acceleration of the pace of the recovery in key sectors. This resulted in the Systems Division closing a record…
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Fast Radius, Inc., a cloud manufacturing and digital supply chain company, and ECP Environmental Growth Opportunities Corp. (NASDAQ: ENNV) have entered into a definitive agreement that will result in Fast Radius becoming a publicly-listed company on the NASDAQ index. The combined company will have an estimated post-transaction enterprise value of…
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Markforged begins a new chapter as a publicly traded company. After completing the SPAC merger procedure, the company is now officially listed on the New York Stock Exchange under the ticker symbol MKFG. In connection with the closing of the merger, Markforged has received approximately $361 million of gross proceeds…
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