3D Systems price target lowered to $5 from $5.75 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm’s price target on 3D Systems (DDD) to $5 from $5.75 and keeps an Overweight rating on the shares. 3D Systems’ results reflected “a healthy uptick” in the sale of new industrial printer systems and global services in Q4 along with a return to “healthy consumable sales in most markets,” the analyst tells investors. Given continued macro headwinds and accounting for the Geomagic software divestiture and $50M cost reduction plan, the firm lowered its 2025 and 2026 revenues estimates to $425.0M and $455.0M from $476.2M and $523.7M, respectively.