Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Nano Dimension ( (NNDM) ) has provided an update.
On January 28, 2025, Nano Dimension announced a strategic shift under new Interim CEO Julien Lederman, addressing past investor dissatisfaction and financial underperformance. The company plans to enhance shareholder value through a new strategy focused on prudent financial management, a $150 million share repurchase program, and the lapse of a previously instituted Shareholder Rights Plan. Preliminary results indicate flat quarterly revenue of $14.6 million and a slight annual increase to $57.8 million in 2024. The company aims for improved financial performance by the end of 2025, pending the resolution of ongoing merger agreements with Desktop Metal, Inc. and Markforged Holding Corporation.
More about Nano Dimension
Nano Dimension (Nasdaq: NNDM) provides Digital Manufacturing technologies to diverse markets including aerospace, defense, automotive, high-tech industrial, specialty medical technology, and R&D. The company supports customers with prototyping, high-mix-low-volume production, IP security, and sustainable fabrication solutions.
YTD Price Performance: -10.36%
Average Trading Volume: 1,926,511
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $513M
For detailed information about NNDM stock, go to TipRanks’ Stock Analysis page.
