Key Highlights:
- 3D Systems (DDD, Financial) prepares to announce its Q1 earnings on May 12, with a predicted EPS of -$0.14.
- The average price target set by analysts implies a potential upside of 33.61% from its current trading price.
- GuruFocus estimates predict a significant 126.16% upside, reflecting the stock's valuation potential.
Upcoming Q1 Earnings Report
3D Systems (NYSE: DDD) is on the brink of releasing its first-quarter earnings results on May 12, after market close. Analysts are forecasting an Earnings Per Share (EPS) of -$0.14, marking a noteworthy 17.6% improvement from the previous year. Despite this positive EPS trend, the company faces a projected revenue decline of 3.4%, bringing the total to $99.46 million. It's worth noting that EPS forecasts have witnessed four downward revisions recently, indicating potential challenges ahead.
Wall Street Analysts' Predictions
According to the consensus of three analysts covering 3D Systems Corp (DDD, Financial), the one-year average target price stands at $3.17. The projections range from a high estimate of $5.00 to a low of $2.00. Given the current trading price of $2.37, this average target suggests an estimated upside potential of 33.61%. For more comprehensive data, you can explore the detailed estimates on the 3D Systems Corp (DDD) Forecast page.
Brokerage Recommendations and Ratings
When it comes to brokerage recommendations, 3D Systems Corp (DDD, Financial) currently holds an average rating of 2.8, according to input from four brokerage firms. This denotes a "Hold" status on a scale where 1 represents a Strong Buy and 5 indicates a Sell.
GuruFocus Valuation Insights
GuruFocus estimates place the GF Value of 3D Systems Corp (DDD, Financial) at $5.36 in one year's time. This implies a substantial upside of 126.16% from the current market price of $2.37. The GF Value is calculated by analyzing the historical trading multiples of the stock, past business growth, and future business performance estimates. For further details, please visit the 3D Systems Corp (DDD) Summary page.
