3D Systems (DDD) AI Stock Analysis

• Market Cap: $299.96M
• Dividend Yield: N/A
• Average Volume (3M): 3.61M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.79
• Revenue Growth: -11.78%
• EPS Growth: N/A
• Country: US
• Employees: 1,833
• Sector: Technology
• Sector Strength: 88
• Industry: Computer Hardware
• EPS (TTM): -0.08
• Shares Outstanding: 128,738,000
• 10 Day Avg. Volume: 4,144,568
• 30 Day Avg. Volume: 3,610,221
• PEG Ratio: 0.06
• Price to Book (P/B): 2.45
• Price to Sales (P/S): 0.98
• P/FCF Ratio: -7.09
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $3.63
• Price Target Upside: 41.60% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: $2.50 ▼(-2.34% Downside)

The score is held back primarily by weak financial performance—declining revenue, pressured margins, and negative operating cash flow—despite some improvement in net margin and leverage. Technicals are modestly supportive with price above key moving averages, but momentum signals are mixed. Valuation is constrained by a negative P/E and no dividend support, while the earnings call and recent corporate actions provide some offset through cost reductions and improved liquidity flexibility.

Positive Factors

Aerospace & Defense onshore leadership

3D Systems’ build-out of an end-to-end U.S. metal additive ecosystem, Littleton expansion, and certifying under America Makes/JAQS-SQ creates durable competitive advantage for DoD and aerospace programs. Domestic supply chain positioning can drive multi-year revenue and margin improvement as procurement shifts to onshore suppliers.

Sustained cost-reduction program

Achieving substantial opex cuts and a $50M+ savings target materially improves operating leverage and narrows the path to sustainable profitability. If maintained, these structural cost initiatives provide cash runway to fund R&D and strategic investments while reducing reliance on external financing over the medium term.

Reduced leverage and eased covenants

Amending the 2030 notes to lower minimum cash requirements and remove restrictive covenants increases liquidity flexibility and reduces near-term covenant risk. Combined with note exchanges that cut near-term debt, this structural capital‑structure repair supports execution of strategic investments without immediate refinancing pressure.

Negative Factors

Persistent revenue decline

Ongoing top-line contraction reflects muted customer CapEx and softness in core verticals like dental and healthcare. Continued revenue shrinkage erodes scale economics, limits R&D payback, and pressures margins; reversing this requires durable end-market demand recovery or successful uptake of new product lines.

Negative operating cash flow

Sustained negative operating cash flow signals the business does not consistently generate cash from core operations, forcing reliance on financing or equity issuance. This constrains capital for capacity expansion, certification programs, and sustained R&D, making strategic execution and margin improvement more difficult over the medium term.

Persistent negative EBIT/EBITDA margins

Continued negative operating profitability indicates core cost structure and product economics remain challenged despite opex cuts. Without consistent positive EBITDA, the company risks underinvesting in product development or losing competitive share, undermining long-term ability to scale industrial and healthcare businesses profitably.

3D Systems Business Overview & Revenue Model

Company Description

3D Systems Corporation, through its subsidiaries, provides 3D printing and digital manufacturing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, color jet printing, and extrusion and SLA based bioprinting that transform digital data input generated by 3D design software, computer aided design (CAD) software, or other 3D design tools into printed parts. It also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, polymeric dental, and bio-compatible materials. In addition, the company provides digital design tools, including software, scanners, and haptic devices, as well as solutions for product design, simulation, mold and die design, 3D scan-to-print, reverse engineering, production machining, metrology, and inspection and manufacturing workflows under the Geomagic brand. Further, it offers 3D Sprint and 3DXpert, a proprietary software to prepare and optimize CAD data and manage the additive manufacturing processes, which provides automated support building and placement, build platform management, print simulation, and print queue management; and Bioprint Pro, a software solution that allows researchers to design and bioprint repeatable experiments. Additionally, the company provides maintenance and training services; manufacturing services; and software and precision healthcare services. It primarily serves companies and small and midsize businesses in medical, dental, automotive, aerospace, durable good, government, defense, technology, jewelry, electronic, education, consumer good, energy, biotechnology, and other industries through direct sales force, channel partners, and appointed distributors. 3D Systems Corporation was founded in 1986 and is headquartered in Rock Hill, South Carolina.

How the Company Makes Money

3D Systems generates revenue through multiple streams, primarily from the sale of 3D printers, printing materials, and software solutions. The company also earns significant income from service contracts which include maintenance and support for their products. Additionally, 3D Systems engages in partnerships and collaborations with other companies and organizations to expand its market reach and enhance its technological capabilities, contributing to its earnings. The healthcare sector is a particularly strong revenue driver, where the company provides specialized solutions like bioprinting and personalized medical devices.

3D Systems Financial Statement Overview

Summary

3D Systems is facing financial challenges with declining revenues and profitability issues. Despite improvements in net profit margins and leverage, the company struggles with operational inefficiencies and cash flow generation. The balance sheet shows reduced leverage, but negative return on equity highlights ongoing inefficiencies.

Income Statement

3D Systems has experienced declining revenue over recent periods, with a negative revenue growth rate of -5.25% in the TTM. The gross profit margin has decreased to 33.89% from previous years, indicating reduced profitability. However, the company has managed to achieve a positive net profit margin of 4.01% in the TTM, a significant improvement from the negative margins in prior years. Despite this, EBIT and EBITDA margins remain negative, reflecting ongoing operational challenges.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.27 in the TTM, indicating reduced leverage compared to previous years. However, the return on equity remains negative, suggesting inefficiencies in generating returns from equity. The equity ratio stands at 39.87%, showing a moderate level of equity financing. Overall, the balance sheet shows some improvement in leverage but continues to face challenges in profitability.

Cash Flow

3D Systems has shown a slight improvement in free cash flow growth, with a 13.63% increase in the TTM. However, operating cash flow remains negative, and the operating cash flow to net income ratio is -0.61, indicating cash flow challenges. The free cash flow to net income ratio is positive at 1.16, suggesting that free cash flow exceeds net income, but the overall cash flow situation remains weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	391.65M	440.12M	488.07M	538.03M	615.64M	557.24M
Gross Profit	132.24M	164.18M	196.42M	214.23M	263.78M	223.38M
EBITDA	57.49M	-214.12M	-325.60M	-81.96M	356.50M	-94.82M
Net Income	15.69M	-255.59M	-362.69M	-122.71M	322.05M	-149.59M
Balance Sheet
Total Assets	554.55M	608.85M	990.66M	1.45B	1.55B	733.05M
Cash, Cash Equivalents and Short-Term Investments	99.94M	171.32M	331.52M	568.74M	789.66M	75.01M
Total Debt	193.22M	286.06M	399.30M	500.32M	502.62M	79.27M
Total Liabilities	331.26M	430.69M	561.90M	694.91M	706.72M	302.33M
Stockholders Equity	221.10M	176.19M	426.75M	749.94M	842.38M	430.72M
Cash Flow
Free Cash Flow	-94.23M	-61.01M	-107.88M	-90.93M	29.36M	-33.76M
Operating Cash Flow	-80.91M	-44.89M	-80.69M	-70.02M	48.15M	-20.12M
Investing Cash Flow	102.40M	-19.02M	124.78M	-308.36M	260.56M	-11.73M
Financing Cash Flow	-98.86M	-91.27M	-106.47M	-13.81M	405.80M	-19.48M

3D Systems Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.56
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DDD, the sentiment is Positive. The current price of 2.56 is above the 20-day moving average (MA) of 1.98, above the 50-day MA of 2.10, and above the 200-day MA of 2.11, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 63.71 is Neutral, neither overbought nor oversold. The STOCH value of 77.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DDD.

3D Systems Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
OSS	60 Neutral	$197.84M	-32.21	-24.26%	―	14.33%	36.97%
CRSR	57 Neutral	$614.94M	-17.70	-5.88%	―	9.79%	63.17%
DDD	48 Neutral	$299.96M	-23.30	7.15%	―	-11.78%	―
NNDM	48 Neutral	$366.62M	-1.37	-10.03%	―	42.17%	-215.37%
CAN	48 Neutral	$443.73M	-1.22	-62.67%	―	83.38%	50.44%
SSYS	45 Neutral	$877.58M	-6.42	-15.13%	―	-2.93%	-22.55%

3D Systems Corporate Events

3D Systems Amends 2030 Notes Indenture to Ease Liquidity

On December 22, 2025, 3D Systems Corporation executed a second supplemental indenture to its June 23, 2025 2030 Notes Indenture after obtaining the necessary consents from holders of its 5.875% Convertible Senior Secured Notes due 2030, in return for aggregate cash payments of about $1.8 million. The amendment halves the company’s required quarter-end Qualified Cash balance from $40 million to $20 million, removes the Restricted Cash Account covenant, and releases the associated lien, changes that collectively ease liquidity constraints and provide the company with greater financial flexibility in managing its capital structure and cash resources.

The most recent analyst rating on (DDD) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on 3D Systems stock, see the DDD Stock Forecast page.

3D Systems Completes Convertible Notes Exchange

On December 16, 2025, 3D Systems issued 695,435 shares of its common stock to J. Wood Capital Advisors LLC for services related to certain transactions, without receiving cash proceeds. The same day, the company completed an exchange of $30.8 million of its 0% Convertible Senior Notes due 2026 for 16,625,243 shares of common stock, leaving $3.9 million of the notes outstanding, also without cash proceeds.

The most recent analyst rating on (DDD) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on 3D Systems stock, see the DDD Stock Forecast page.

3D Systems Reduces Debt with Note Exchange Agreement

On December 8, 2025, 3D Systems Corporation entered into privately negotiated agreements with institutional investors to exchange $30.8 million of its 0% Convertible Senior Notes due 2026 for 16.6 million shares of common stock. This transaction, expected to close by December 16, 2025, aims to reduce the company’s debt and improve its financial flexibility, leaving approximately $3.9 million of the 2026 Notes outstanding. Additionally, holders of the company’s 5.875% Convertible Senior Secured Notes due 2030 agreed to vote for amendments to reduce the company’s required minimum cash holdings, potentially enhancing liquidity.

The most recent analyst rating on (DDD) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on 3D Systems stock, see the DDD Stock Forecast page.