3D Systems ( (DDD) ) has shared an update.
On April 1, 2025, 3D Systems Corporation completed the sale of its Geomagic software business to Hexagon Manufacturing Intelligence, Inc. and Hexagon Metrology Korea LLC for $123 million, with adjustments reducing the cash proceeds to $119.4 million. This transaction, initially announced in December 2024, is part of 3D Systems’ strategic move to streamline its operations and focus on its core 3D printing business. The sale includes a transition services agreement, indicating a continued relationship between the parties, and is expected to impact the company’s financials, as reflected in the unaudited pro forma financial statements.
Spark’s Take on DDD Stock
According to Spark, TipRanks’ AI Analyst, DDD is a Underperform.
3D Systems’ stock is rated low due to severe financial challenges, negative technical indicators, and valuation difficulties. The strategic initiatives discussed in the earnings call provide some hope for improvement, but the current financial and market conditions dominate the outlook.
To see Spark’s full report on DDD stock, click here.
More about 3D Systems
3D Systems Corporation operates in the 3D printing industry, providing comprehensive 3D printing solutions, including 3D printers, print materials, and software. The company focuses on various markets, including healthcare, aerospace, and automotive, offering products and services that enhance manufacturing processes and product development.
YTD Price Performance: -40.94%
Average Trading Volume: 2,916,100
Technical Sentiment Signal: Strong Buy
Current Market Cap: $256.2M
For detailed information about DDD stock, go to TipRanks’ Stock Analysis page.