Needham & Company LLC Cuts Earnings Estimates for Stratasys

Stratasys, Ltd. (NASDAQ:SSYS) – Research analysts at Needham & Company LLC dropped their Q3 2026 EPS estimates for shares of Stratasys in a research report issued on Friday, November 14th. Needham & Company LLC analyst J. Ricchiuti now expects that the technology company will earn $0.00 per share for the quarter, down from their previous forecast of $0.04. Needham & Company LLC has a “Buy” rating and a $12.00 price objective on the stock. The consensus estimate for Stratasys’ current full-year earnings is ($0.40) per share. Needham & Company LLC also issued estimates for Stratasys’ Q4 2026 earnings at $0.01 EPS.

A number of other brokerages also recently issued reports on SSYS. Cantor Fitzgerald lifted their price target on Stratasys from $13.00 to $13.50 and gave the company an “overweight” rating in a report on Friday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Stratasys in a research note on Wednesday, October 8th. UBS Group reissued an “overweight” rating on shares of Stratasys in a research report on Friday. Finally, Wall Street Zen downgraded shares of Stratasys from a “buy” rating to a “hold” rating in a research report on Sunday, August 17th. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Stratasys presently has an average rating of “Moderate Buy” and a consensus price target of $12.75.

Stratasys Stock Down 4.7%

Stratasys stock opened at $8.53 on Monday. The firm has a market cap of $725.84 million, a P/E ratio of -6.37 and a beta of 1.60. The business has a fifty day moving average of $10.73 and a two-hundred day moving average of $10.74. Stratasys has a twelve month low of $8.36 and a twelve month high of $12.88.

Stratasys (NASDAQ:SSYS) last posted its quarterly earnings results on Thursday, November 13th. The technology company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.03. The business had revenue of $136.97 million during the quarter, compared to analyst estimates of $136.60 million. Stratasys had a negative net margin of 17.42% and a negative return on equity of 1.06%. The company’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.01 EPS. Stratasys has set its FY 2025 guidance at 0.130-0.160 EPS.

Hedge Funds Weigh In On Stratasys

Hedge funds and other institutional investors have recently modified their holdings of the stock. Royce & Associates LP grew its position in Stratasys by 236.6% during the 1st quarter. Royce & Associates LP now owns 555,420 shares of the technology company’s stock worth $5,438,000 after purchasing an additional 390,420 shares during the last quarter. Phoenix Financial Ltd. lifted its stake in shares of Stratasys by 0.4% during the first quarter. Phoenix Financial Ltd. now owns 3,613,906 shares of the technology company’s stock worth $35,381,000 after buying an additional 12,900 shares during the period. Nuveen LLC acquired a new stake in shares of Stratasys during the first quarter worth $4,097,000. Russell Investments Group Ltd. purchased a new stake in shares of Stratasys during the first quarter valued at $657,000. Finally, Neuberger Berman Group LLC increased its position in shares of Stratasys by 2.4% in the 1st quarter. Neuberger Berman Group LLC now owns 4,592,824 shares of the technology company’s stock valued at $45,082,000 after acquiring an additional 109,331 shares during the period. 75.77% of the stock is owned by hedge funds and other institutional investors.

Stratasys Company Profile

Stratasys Ltd. provides connected polymer-based 3D printing solutions. It offers range of 3D printing systems, which includes polyjet printer, Fused Deposition Modeling (FDM) printers, stereolithography printing systems, origin P3 printers, and selective absorption fusion printer for additive manufacturing, and tooling and rapid prototyping for various vertical markets, such as automotive, aerospace, consumer products and healthcare.