3D Systems (DDD) AI Stock Analysis

• Market Cap: $234.63M
• Dividend Yield: N/A
• Average Volume (3M): 5.12M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.85
• Revenue Growth: -8.09%
• EPS Growth: 22.06%
• Country: US
• Employees: 1,833
• Sector: Technology
• Sector Strength: 87
• Industry: Computer Hardware
• EPS (TTM): -0.21
• Shares Outstanding: 136,412,870
• 10 Day Avg. Volume: 5,206,539
• 30 Day Avg. Volume: 5,120,834
• PEG Ratio: 0.08
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.71
• Enterprise Value/Market Cap: 0.49
• Enterprise Value/Revenue: 0.07
• Enterprise Value/Gross Profit: 0.74
• Enterprise Value/Ebitda: -0.09
• 1Y Price Target: $5.00
• Price Target Upside: 190.70% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 43 Neutral
• Price Target: $1.50 ▼(-12.79%Downside)

3D Systems faces significant financial challenges, with declining revenues and negative cash flows as primary concerns. While technical indicators suggest some potential for stabilization, valuation metrics indicate the stock may be overvalued. Strategic initiatives and recent corporate events offer some optimism, yet the overall outlook remains cautious due to ongoing uncertainties and financial instability.

Positive Factors

Asset Sale and Financial Strength

The company completed the sale of its Geomagic asset portfolio, delivering over $100 million in net proceeds to strengthen the balance sheet.

Industrial Market Performance

Industrial revenue increased 11% year-over-year and 22% sequentially, to $71 million, driven by stronger printer sales and services.

Restructuring and Cost Reduction

Management is implementing more restructuring actions that should result in annualized net savings of an incremental $20 million.

Negative Factors

Earnings Performance

Revenue of $95 million was down 8% year-over-year, even though management expected first-quarter revenue to be flat on the fourth-quarter call.

Guidance Withdrawal

Following a much weaker-than-expected Q1 report, DDD withdrew its 2025 revenue guidance, citing the potential for ongoing cautious customer capital spending.

Healthcare Business Decline

The weak Q1 top-line performance included a 9% decline in the company’s Healthcare business, driven mainly by a large 32% year-over-year revenue decline at the company’s large dental orthodontics customer.

3D Systems Business Overview & Revenue Model

Company Description

3D Systems (DDD) is a pioneering company in the field of additive manufacturing, commonly known as 3D printing. The company operates across various sectors including healthcare, aerospace, automotive, and industrial goods, providing advanced 3D printing solutions. Its core products and services include 3D printers, print materials, on-demand manufacturing services, and software solutions that enable companies to enhance their manufacturing capabilities and streamline production processes.

How the Company Makes Money

3D Systems generates revenue through multiple streams, primarily by selling 3D printers and related materials to businesses and consumers. The company's revenue model includes direct sales of its 3D printing machines, which are used in various industries for prototyping and production. Additionally, 3D Systems offers on-demand manufacturing services, where clients can utilize the company's resources to produce complex parts without owning a 3D printer. This service allows for a continuous revenue stream from repeat business. The company also earns from proprietary software solutions that help users design and optimize 3D printing tasks, as well as from sales of consumable materials like plastics and metals used in the printing process. Significant partnerships with industry leaders and continuous innovation in product offerings further contribute to its earnings.

3D Systems Financial Statement Overview

Summary

3D Systems faces major financial difficulties, with declining revenues, negative cash flows, and severe profitability challenges. The balance sheet shows moderate debt, but overall financial health is concerning due to sustained losses and minimal recovery prospects.

Income Statement

3D Systems is experiencing significant challenges with declining revenue and persistent losses. The TTM (Trailing-Twelve-Months) gross profit margin is 36.1%, and the net profit margin is -64.0%, indicating substantial profitability issues. Revenue has decreased from $538M in 2022 to $432M TTM 2025, showing negative growth. The company has been unable to generate positive EBIT or EBITDA, further emphasizing financial instability.

Balance Sheet

The company's balance sheet reflects a debt-to-equity ratio of 0.43 TTM 2025, which is moderate. However, the return on equity (ROE) is significantly negative at -189.9%, highlighting poor returns on shareholders' investments. The equity ratio has declined over time, from 54.2% in 2021 to 25.0% TTM 2025, indicating a decrease in financial stability and leverage.

Cash Flow

The cash flow statement shows a worrying trend with negative operating and free cash flows. The TTM operating cash flow is -$53M, and the free cash flow is -$69M, indicating the company is struggling to generate cash from its operations. The free cash flow to net income ratio is unsustainable given the negative net income, pointing to liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	431.76M	440.12M	488.07M	538.03M	615.64M	557.24M
Gross Profit	155.94M	164.18M	196.42M	214.23M	263.78M	223.38M
EBITDA	-256.65M	-214.12M	-313.69M	-75.06M	356.59M	-94.81M
Net Income	-276.58M	-255.59M	-362.69M	-122.95M	322.05M	-149.59M
Balance Sheet
Total Assets	583.36M	608.85M	990.66M	1.45B	1.55B	733.05M
Cash, Cash Equivalents and Short-Term Investments	135.04M	171.32M	331.52M	568.74M	789.66M	75.01M
Total Debt	63.30M	286.06M	399.30M	501.24M	502.62M	79.27M
Total Liabilities	435.68M	430.69M	561.90M	695.82M	706.72M	302.33M
Stockholders Equity	145.64M	176.19M	426.75M	749.94M	842.38M	430.72M
Cash Flow
Free Cash Flow	-68.85M	-61.01M	-107.88M	-90.89M	29.36M	-33.76M
Operating Cash Flow	-53.13M	-44.89M	-80.69M	-68.39M	48.15M	-20.12M
Investing Cash Flow	-19.25M	-19.02M	124.78M	-309.89M	260.56M	-24.23M
Financing Cash Flow	-2.73M	-91.27M	-106.47M	-13.81M	405.80M	-6.98M

3D Systems Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DDD, the sentiment is Neutral. The current price of 1.72 is above the 20-day moving average (MA) of 1.64, below the 50-day MA of 1.75, and below the 200-day MA of 2.77, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 53.45 is Neutral, neither overbought nor oversold. The STOCH value of 86.62 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DDD.

3D Systems Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	69 Neutral	¥228.59B	14.33	7.64%	2.71%	9.13%	8.49%
MTLS	65 Neutral	$339.05M	33.65	3.82%	―	5.15%	40.64%
SKIL	44 Neutral	$140.60M	―	-108.11%	―	-3.31%	61.14%
CAN	44 Neutral	$216.77M	―	-90.43%	―	65.68%	50.28%
DDD	43 Neutral	$234.63M	―	-99.85%	―	-8.09%	22.06%

3D Systems Corporate Events

3D Systems Completes $92M Convertible Notes Offering

On June 23, 2025, 3D Systems completed a private offering of $92 million in convertible senior secured notes due 2030, which bear an interest rate of 5.875% per annum. The proceeds, along with cash on hand, were used to repurchase a portion of its outstanding 0% convertible senior notes due 2026 and to buy back shares of its common stock. This financial maneuver is expected to impact the company’s debt structure and shareholder value positively.

The most recent analyst rating on (DDD) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on 3D Systems stock, see the DDD Stock Forecast page.

3D Systems Adjusts Equity Awards Amid Stockholder Meeting

On May 16, 2025, 3D Systems Corporation held its Annual Meeting of Stockholders, where key proposals were voted on, including the election of directors and approval of executive compensation. The company also decided to adjust the annual equity award for non-employee directors due to a depressed stock price, opting for a combination of restricted stock and cash compensation.

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 Announces Profitability Actions Amid Revenue Decline

On May 12, 2025, 3D Systems announced additional actions to enhance profitability and align its operations with current market demands, including a headcount reduction expected to save $20 million by the end of the fiscal year. The company reported a first-quarter revenue of $94.5 million, an 8% decrease from the previous year, attributed to lower materials sales, despite growth in new hardware systems. The company is withdrawing its full-year guidance due to potential prolonged weakness in customer capital expenditure. However, it remains optimistic about future growth due to its strong product portfolio and recent strategic wins, especially in the healthcare and industrial markets. The sale of the Geomagic portfolio has strengthened its balance sheet, providing a significant cash reserve to support ongoing development efforts.

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 Finalizes Sale of Geomagic Software

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.