With 3D Printing Stocks In Focus, What's Wall Street Thinking?

Javier Hasse

Fri, Dec 26, 2014, 5:10 PM

The major players in the 3D printing industry -- 3D Systems Corporation (NYSE: DDD), Stratasys, Ltd. (NASDAQ: SSYS), ExOne Co (NASDAQ: XONE), and Voxeljet AG (ADR) (NYSE: VJET) -- were all up on Friday after a bad year (in terms of stock price performance).

Naturally, investors have questions, and that's where Wall Street analysts might be able to help.

Stratasys

Several analysts like Stratasys.

On December 22, JP Morgan reiterated its Overweight rating for the stock along with a $120 price target.

In early-November, Brean Capital and Canaccord Genuity also reiterated their Buy ratings, setting price targets of $125 and $140, respectively.

Even on the low side, that's expected upside of about 43 percent.

Still, there's a bear worth mentioning. Longbow Research initiated coverage on Stratasys on December 10 with an Underperform rating.

3D Systems

Analysts also seem to be relatively fond of 3D Systems, although Longbow is –- once again -- bearish. The firm initiated coverage on December 10 with an Underperform rating and a $25 price target.

The stock traded around $30.50 at the time, and now trades barely below $33.

Related Topic: 3D Systems Makes Another Forbes List For 2014

On the flip side, others see upside in 3D Systems:

Citigroup: Neutral, $40 price target
Imperial Capital: Outperform, $42 price target
Oppenheimer: Outperform, $57 price target

Voxeljet

Wall Street firms also see some upside for Voxeljet.

After reporting unfavorable results where it missed top and bottom line estimates in November, Barclays reiterated a Neutral rating on the small-cap stock. Jefferies followed suit with a Hold, while Cowen & Company downgraded the stock from an Outperform to a Market Perform.

This trio sports an average price target of $13 -- implied upside of over 40 percent from current prices.

ExOne

From an analyst's perspective, it appears ExOne is the laggard of this peer group.

On November 14, Jefferies and Credit Suisse issued less-than-stellar ratings on the stock. The former reiterated a Hold and a $21 price target, while the latter maintained an Underperform at $18.

Following Friday’s massive gain, ExOne is priced just below $18 a share.

Image credit: Creative Tools, Flickr

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