-
Former MakerBot CEOs Invest In Laser-Cutter Startup
Tuesday, May 26, 2015 - 11:22am | 325Seattle-based start-up Glowforge is making headlines after raising $9 million in a Series A funding. While it is very common and often un-newsworthy for start-ups to raise funds, the individuals behind the financing coupled with the company's ambitions is receiving a fair amount of attention....
-
Stratasys: 'Numbers Weren't There' For MakerBot
Tuesday, May 19, 2015 - 12:19pm | 452The 3D printing concern Stratasys, Ltd. (NASDAQ: SSYS)'s consumer and desktop, unit which recently fired 20 percent of its staff, will refocus its business on professional and education markets, according to its chief executive. The market for consumer 3D printing was "smaller...
-
Stratasys Seeing A 'Slow Start In Transition Year'
Wednesday, April 15, 2015 - 1:39pm | 279Shares of Stratasys, Ltd. (NASDAQ: SSYS) were up nearly 6 percent on Wednesday after the company announced that MakerBot signed an agreement that makes D&H Distributing a distributor of its 3D printers and scanners in education, healthcare and government verticals in the U.S. Before the...
-
5 Quick Takes On Stratasys' New Earnings Data
Monday, March 2, 2015 - 2:26pm | 355In a report published Monday morning, Brean Capital analysts Ananda Baruah and David Ryzhik provided some quick takes on Stratasys, Ltd. (NASDAQ: SSYS)'s fourth quarter earnings. The firm maintains a Hold rating on the stock. The 3D printer maker preannounced its December quarter EPS and...
-
Morgan Stanley Downgrades Stratasys, Trims Price Target
Wednesday, February 4, 2015 - 11:55am | 283In a report rolled out Tuesday, Morgan Stanley downgraded Stratasys, Inc. (NASDAQ: SSYS) from Overweight to Equal-Weight and trimmed its price target from $124 to $53, following the company's poor guidance and subsequent tumble in the stock price. Some of the main takeaways of Morgan...
-
Brean Capital On Stratasys: 'Further Digestion Required,' Sees Downside Risk To $45
Wednesday, February 4, 2015 - 11:48am | 182Ananda Baruah of Brean Capital on Wednesday commented in a note that "further digestion" is required following Stratasys, Inc.'s (NASDAQ: SSYS) updated business model and lower MakerBot expectations before the stock can react positively to upside drivers. "We believe...
-
Stratasys Falls 30%, 3D Sector Follows Suit
Tuesday, February 3, 2015 - 1:40pm | 262Stratasys, Inc. (NASDAQ: SSYS) has lowered its guidance and the Street isn't happy. The stock is down about 31.6 percent on Tuesday, recently priced at $55.16. Stratasys’ plunge has dragged down several other 3D printing stocks: 3D Systems Corporation (NYSE: DDD) has lost...
-
Brean Capital Downgrades Stratasys As Shares Plunge 27%
Tuesday, February 3, 2015 - 9:20am | 343Shares of Stratasys, Ltd. (NASDAQ: SSYS) plunged more than 20 percent after Monday's market close as the company issued weak guidance, including a sales projection of $940 million to $960 million in fiscal 2015 and a projected earnings per share of $2.07 to $2.24. Ananda Baruah of...
-
3D Systems' Underperform Rating: What Does It Mean For The 3D Printing Industry?
Thursday, December 11, 2014 - 5:45pm | 462Analysts at Longbow Research on Wednesday initiated coverage on 3D Systems Corporation (NYSE: DDD) with an Underperform rating. Analyst Joe Wittine set a $25.00 price target, implying a significant downside from current stock prices. He argued that the company faces execution problems and...
-
Stratasys Tops Analysts Q3 Expectations, Issues Weak Guidance
Wednesday, November 5, 2014 - 9:39am | 204Stratasys, Ltd. (NASDAQ: SSYS) reported its third quarter results Wednesday morning. The 3D printing company improved its earnings per share by 29 percent from a year ago to $0.58 in the third quarter, which was a penny higher than analysts expected. Revenue increased 62 percent from a year ago to...
-
Gartner: Consumer 3D Printing More Than Five Years Away
Friday, August 22, 2014 - 4:52pm | 633A recent report from Gartner saysthat although 3D printing is rapidly gaining acceptance, widespread consumer use is more than five years away. Gartner research vice president Pete Basiliere said in a statement that consumer 3D printing is around five to 10 years away from mainstream...
-
S&P 500 Falls To Two-Month Low, Dow Drifts Further Away From The 17,000 Mark
Thursday, August 7, 2014 - 4:41pm | 2840U.S. stocks declined, following Europe's lead following the European Central Bank's decision to keep interest rates unchanged. The ECB's President Mario Draghi reaffirmed the bank's intention of considering "unconventional moves," which includes buying asset-backed...
-
Stratasys Reports Second Quarter Beat And Guidance Hike; 3D Sector Also Higher
Thursday, August 7, 2014 - 11:49am | 302Stratasys (NASDAQ: SSYS) reported its second quarter results Thursday morning, which provided a boost to the entire 3D printing sector. Stratasys earned $0.55 per share, beating the consensus estimate of $0.45. Revenue of $178.46 million also topped analyst expectations of $156.61 million....
-
'World's Largest 3D Printing Store' Comes To The Big Apple
Friday, August 1, 2014 - 10:53am | 769Sylvain Preumont, CEO of startup iMakr, opened iMakr’s first 3D printing and 3D printing services store in London a year ago. Now Preumont, who spoke with Benzinga by telephone, has opened his second store -– this one in New York. From Online To Storefront Many if not most...
-
Unique 3D Startups And The Public Companies That Should Buy Them
Friday, August 1, 2014 - 10:31am | 807As the 3D space shows signs of becoming less novelty and more mainstream, the idea of acquiring 3D startups does too. Here are five 3D startups, each with a unique niche, along with publicly traded companies that could have reason to be interested in acquiring them – someday. My Mini...