DDD Stock Forecast: Why 3D Systems Deserves A Price Target of $35

August 23, 2021

motek 1The DDD stock forecast was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • The stock of 3D Systems touts a YTD return of +166.13%. I’m still endorsing it as a buy.
  • DDD is still significantly lower than its 52-week high of $56.60. My one-year price target for it is $35. Go long on DDD while it still trades below $29.
  • The Q2 2021 numbers are excellent. Improving margins convinced me DDD could turn profitable by Q1 2022.
  • The $432.23 billion medical equipment industry is a long-term tailwind for 3D Systems.
  • 3D Systems is still the best bet on the fast-growing $12.6 billion additive manufacturing industry.

New forecasting serviceRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here
Premium Articles