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Proto Labs Appoints Suresh Krishna as New CEO

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Proto Labs Appoints Suresh Krishna as New CEO

Confident Investing Starts Here:

The latest announcement is out from Proto Labs ( (PRLB) ).

On May 21, 2025, Proto Labs announced the appointment of Suresh Krishna as the new President and CEO, effective May 20, 2025, succeeding Robert Bodor. With a strong background in driving growth and innovation, Krishna is expected to enhance Proto Labs’ market position and accelerate its production expansion initiatives. The company also reaffirmed its second-quarter 2025 financial outlook, projecting revenue between $124 million and $132 million, and highlighted its ongoing commitment to customer-centric innovation and operational excellence.

The most recent analyst rating on (PRLB) stock is a Buy with a $44.00 price target. To see the full list of analyst forecasts on Proto Labs stock, see the PRLB Stock Forecast page.

Spark’s Take on PRLB Stock

According to Spark, TipRanks’ AI Analyst, PRLB is a Outperform.

Proto Labs demonstrates a strong financial position with effective cash flow management and a resilient balance sheet, despite pressures on profitability. Technical indicators suggest a positive short-term trend, although valuation concerns arise with its high P/E ratio. The earnings call and corporate events highlight strategic growth initiatives and shareholder value enhancements, balancing out some of the existing challenges. Overall, the stock is moderately attractive with potential for future growth if profitability improves.

To see Spark’s full report on PRLB stock, click here.

More about Proto Labs

Proto Labs, Inc. is a leading provider of digital manufacturing services, offering a comprehensive range of solutions from prototyping to production for product developers, engineers, and supply chain teams globally. The company is recognized for its rapid production capabilities and operates within the expansive $100 billion digital manufacturing market.

Average Trading Volume: 208,290

Technical Sentiment Signal: Buy

Current Market Cap: $974.8M

For detailed information about PRLB stock, go to TipRanks’ Stock Analysis page.

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