Key Takeaways:
- Stratasys (SSYS, Financial) is poised to release its Q1 earnings, with analysts forecasting a significant EPS growth of 150% year-over-year.
- Despite a projected revenue dip, Stratasys has a strong track record of exceeding earnings expectations.
- Current analyst insights suggest a promising upside potential for the stock.
Stratasys (SSYS) is on investors' radar as it prepares to announce its first-quarter earnings on May 8th. According to recent analyst predictions, the expected earnings per share (EPS) stand at $0.01, reflecting an impressive 150% increase from the previous year. However, the anticipated revenue is $134.11 million, marking a 6.9% decrease. Notably, Stratasys has a history of outperforming earnings estimates 88% of the time, making it a stock to watch.
Wall Street Analysts' Forecasts
Delving into Wall Street's one-year price targets for Stratasys Ltd (SSYS, Financial), insights from four analysts present an average target price of $12.25. The projections range from a high of $15.00 to a low of $7.00, suggesting an attractive potential upside of 24.75% from the current trading price of $9.82. For comprehensive insights into these projections, visit the Stratasys Ltd (SSYS) Forecast page.
The consensus recommendation from five brokerage firms for Stratasys Ltd (SSYS, Financial) currently stands at 2.2, indicating an "Outperform" status. This rating is part of a scale from 1 to 5, where 1 indicates a Strong Buy and 5 signifies a Sell.
Furthermore, based on GuruFocus estimates, the projected GF Value for Stratasys Ltd (SSYS, Financial) in a year is $11.37. This suggests a potential upside of 15.78% from its current price point of $9.82. The GF Value, a proprietary GuruFocus metric, is calculated by analyzing historical trading multiples, past business growth, and future business performance estimates. For more detailed information, refer to the Stratasys Ltd (SSYS) Summary page.
