Want to see DDD full AI Analyst Report?
Top Page
3D Systems
(NYSE:DDD)
Select Model
Select Model
Rating:53Neutral
Price Target:
$3.00
▲(16.73% Upside)
Action:Reiterated
Date:08/04/26
Overall score reflects weak financial performance as the biggest negative (ongoing losses and negative free cash flow), partially offset by improved balance-sheet leverage and a more constructive operational trajectory highlighted on the earnings call (hardware momentum and meaningful cost savings). Technicals are neutral-to-mildly bearish and valuation looks low on P/E, while corporate events introduce dilution and leadership-transition uncertainty.
Positive Factors
Hardware/Printer Momentum
Sustained double‑digit hardware growth, especially in metal and polymer platforms, strengthens the installed base that drives recurring consumables and service revenue. Durable printer momentum across aerospace, medtech and data center markets supports longer‑term revenue pull‑through and deeper customer integration.
Negative Factors
Negative Cash Flow / Cash Burn
Persistent negative operating and free cash flow signal ongoing cash burn that increases dependence on external financing or equity, limiting the firm's ability to self‑fund expansion or absorb shocks. Absent a durable shift to positive cash conversion, liquidity improvements may only be temporary fixes.
Read all positive and negative factors
Positive Factors
Negative Factors
Hardware/Printer Momentum
Sustained double‑digit hardware growth, especially in metal and polymer platforms, strengthens the installed base that drives recurring consumables and service revenue. Durable printer momentum across aerospace, medtech and data center markets supports longer‑term revenue pull‑through and deeper customer integration.
Read all positive factors
3D Systems Key Performance Indicators (KPIs)
Any
Operating Expense Breakdown
Details core costs like R&D, marketing, and admin, offering insight into how efficiently the company runs and where it’s prioritizing investment.
Details core costs like R&D, marketing, and admin, offering insight into how efficiently the company runs and where it’s prioritizing investment.
Data provided by:
The Fly
The Fly3D Systems (DDD) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$431.22M
Dividend YieldN/A
Average Volume (3M)3.14M
Price to Earnings (P/E)5.6
Beta (1Y)2.07
Revenue Growth-10.16%
EPS GrowthN/A
CountryUS
Employees1,418
SectorTechnology
Sector Strength88
IndustryComputer Hardware
Share Statistics
EPS (TTM)-0.41
Shares Outstanding163,340,500
10 Day Avg. Volume1,806,854
30 Day Avg. Volume3,141,092
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)0.95
Price to Sales (P/S)0.59
P/FCF Ratio-2.34
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$5.00Price Target Upside94.55% Upside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)-0.16
Revenue Forecast (FY)$390.09M
3D Systems Business Overview & Revenue Model
Company Description
3D Systems Corporation, operating globally across the Americas, Europe, the Middle East, Africa, and Asia Pacific regions, specializes in delivering advanced 3D printing and digital manufacturing solutions. Its product portfolio includes a diverse...
How the Company Makes Money
3D Systems makes money primarily by selling 3D printing products and by providing related services. Key revenue streams include: (1) 3D printer and hardware sales—revenue from the sale of additive manufacturing systems (polymer and metal platforms...
3D Systems Earnings Call Summary
Earnings Call Date:Aug 03, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 10, 2026
Earnings Call Sentiment Positive
The call presented a largely constructive view: material wins, strong printer sales (notably in metal and polymer systems), expanding production capacity, NextDent traction, and meaningful cost savings that have improved adjusted EBITDA and liquidity. However, growth remains uneven (overall Q2 revenue only +1.4%), Industrial segment softness, margin headwinds from printer-heavy mix, ongoing negative quarterly EBITDA, supply-chain constraints, and a CEO succession add risks. On balance, the positive operational and market momentum—particularly in aerospace, medtech, data center infrastructure and denture adoption—outweighs the remaining financial and execution challenges.Positive Updates
Revenue and Printer Sales Momentum
Q2 revenue of $94.6M, +1.4% year-over-year; hardware printer sales grew over 40% YoY and >20% sequentially, driving revenue momentum across core markets.
Negative Updates
Modest Overall Revenue Growth and Segment Weakness
Overall Q2 revenue growth was modest at +1.4% YoY; Industrial segment revenue declined to $46.5M, -3.7% YoY (first half Industrial -1%), driven by softer consumer-facing and legacy markets.
Read all updates
Q2-2026 Updates
Positive
Negative
Revenue and Printer Sales Momentum
Q2 revenue of $94.6M, +1.4% year-over-year; hardware printer sales grew over 40% YoY and >20% sequentially, driving revenue momentum across core markets.
Read all positive updates
Company Guidance
3D Systems guided Q3 2026 revenue of $96–$99 million and adjusted EBITDA of negative $3 million to negative $1 million. That outlook reflects continued printer strength following Q2 revenue of $94.6M (up 1.4% YoY) with hardware sales growing >40% YoY and >20% sequentially, first‑half revenue up 6% and H1 adjusted EBITDA of $1.3M, Q2 non‑GAAP gross margin of 36.7%, Q2 adjusted EBITDA of -$0.8M (an improvement of $3.9M YoY), Q2 non‑GAAP OpEx of $39.5M (down 11% YoY) after actions delivering >$60M of annualized savings, and a balance sheet with $129M cash, $96M total debt (≈$3.9M due Q4’26), and just over $53M net proceeds from an equity offering; management noted the Q3/Q4 mix will be printer‑heavy (slightly pressuring margins) but expects material pull‑through (NextDent, DMP 350, SLA 825) and stable OpEx to support continued recovery.3D Systems Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 387.64M | 386.90M | 440.12M | 488.07M | 538.03M | 615.64M |
| Gross Profit | 129.32M | 131.04M | 164.18M | 196.42M | 214.23M | 263.78M |
| EBITDA | -19.96M | 76.27M | -214.12M | -325.60M | -81.96M | 356.50M |
| Net Income | -54.85M | 29.88M | -255.59M | -362.69M | -122.71M | 322.05M |
Balance Sheet | ||||||
| Total Assets | 535.24M | 521.73M | 608.85M | 990.66M | 1.45B | 1.55B |
| Cash, Cash Equivalents and Short-Term Investments | 127.95M | 95.64M | 171.32M | 331.52M | 568.74M | 789.66M |
| Total Debt | 109.25M | 158.46M | 286.06M | 399.30M | 500.32M | 502.62M |
| Total Liabilities | 261.68M | 279.18M | 430.69M | 561.90M | 694.91M | 706.72M |
| Stockholders Equity | 273.56M | 240.36M | 176.19M | 426.75M | 749.94M | 842.38M |
Cash Flow | ||||||
| Free Cash Flow | -61.66M | -97.77M | -61.01M | -107.88M | -90.93M | 29.36M |
| Operating Cash Flow | -49.52M | -87.83M | -44.89M | -80.69M | -70.02M | 48.15M |
| Investing Cash Flow | -12.47M | 108.99M | -19.02M | 124.78M | -308.36M | 260.56M |
| Financing Cash Flow | 47.19M | -101.67M | -91.27M | -106.47M | -13.81M | 405.80M |
3D Systems Technical Analysis
Positive
2.57
Price Trends
3.03
Positive
2.66
Positive
2.47
Positive
Market Momentum
-0.01
Negative
68.34
Neutral
76.74
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DDD, the sentiment is Positive. The current price of 2.57 is below the 20-day moving average (MA) of 2.81, below the 50-day MA of 3.03, and above the 200-day MA of 2.47, indicating a bullish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 68.34 is Neutral, neither overbought nor oversold. The STOCH value of 76.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DDD.
3D Systems Risk Analysis
3D Systems disclosed 25 risk factors in its most recent earnings report. 3D Systems reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
3D Systems Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $984.42M | 13.28 | 21.37% | 4.48% | -0.31% | 10.31% | |
65 Neutral | $24.94B | 9.95 | -473.44% | 4.62% | 7.20% | 4.12% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | $673.87M | -5.79 | -13.44% | ― | -2.96% | 10.37% | |
53 Neutral | $431.22M | 5.62 | -22.63% | ― | -10.16% | ― | |
48 Neutral | $301.88M | -0.33 | -9999.00% | ― | 24.50% | 94.28% | |
47 Neutral | $311.98M | -0.96 | -58.69% | ― | 101.54% | -310.54% |
* Technology Sector Average
DDD
3D Systems
3.56
1.87
110.65%
HPQ
HP
28.82
5.03
21.15%
SSYS
Stratasys
8.80
-2.06
-18.97%
NNDM
Nano Dimension
1.58
0.20
14.49%
VELO
Velo3D
13.69
7.44
119.04%
CRCT
Cricut Inc
4.94
-0.49
-9.01%
3D Systems Corporate Events
Business Operations and StrategyExecutive/Board ChangesFinancial Disclosures
3D Systems Announces CEO Transition and Succession Plan
Positive
Aug 4, 2026
On August 4, 2026, 3D Systems announced a CEO transition plan under which President and Chief Executive Officer Dr. Jeffrey Graves will step down and retire from the board once a successor is hired. To ensure continuity, Graves will remain in his ...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
3D Systems Completes Common Stock Offering to Bolster Capital
Positive
Jun 5, 2026
On June 3, 2026, 3D Systems Corporation entered into an underwriting agreement with Needham Company and other underwriters to offer and sell 16,393,443 shares of its common stock at $3.05 per share, with an additional 30-day option for underwrite...
Business Operations and StrategyRegulatory Filings and ComplianceShareholder Meetings
3D Systems Shareholders Approve Major Share Authorization Expansion
Positive
May 15, 2026
On May 14, 2026, 3D Systems stockholders approved an amendment to the company’s Certificate of Incorporation to double the number of authorized common shares from 220 million to 440 million, a change that became effective the same day upon f...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.