Nano Dimension (NNDM)
NASDAQ:NNDM
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Nano Dimension
(NASDAQ:NNDM)
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Rating:48Neutral
Price Target:
$2.00
▲(19.05% Upside)
Action:ReiteratedDate:01/13/26
The score is held down primarily by severe unprofitability and ongoing cash burn despite revenue growth, with valuation also constrained by negative earnings. Technicals provide only modest support, showing a mildly positive longer-term trend but neutral momentum.
Positive Factors
Revenue Growth
Strong revenue growth indicates expanding market presence and product adoption, driven by strategic acquisitions and partnerships.
Negative Factors
Profitability Challenges
Persistent profitability issues highlight operational inefficiencies, which could hinder long-term financial health and investor confidence.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Strong revenue growth indicates expanding market presence and product adoption, driven by strategic acquisitions and partnerships.
Read all positive factors
Nano Dimension (NNDM) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$366.62M
Dividend YieldN/A
Average Volume (3M)4.02M
Price to Earnings (P/E)―
Beta (1Y)1.13
Revenue Growth42.17%
EPS Growth-215.37%
CountryUS
Employees519
SectorTechnology
Sector Strength88
IndustryComputer Hardware
Share Statistics
EPS (TTM)-0.25
Shares Outstanding217,283,480
10 Day Avg. Volume5,626,717
30 Day Avg. Volume4,018,734
Financial Highlights & Ratios
PEG Ratio-0.06
Price to Book (P/B)0.63
Price to Sales (P/S)9.37
P/FCF Ratio-9.04
Enterprise Value/Market Cap0.28
Enterprise Value/Revenue1.27
Enterprise Value/Gross Profit4.00
Enterprise Value/Ebitda-0.90
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nano Dimension Business Overview & Revenue Model
Company Description
Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. The company's flagship product is DragonFly IV system that serves cross-industry High-Performance-Electronic-Devices' fabrication nee...
How the Company Makes Money
Nano Dimension generates revenue primarily through the sale of its 3D printing systems, including the DragonFly series, and the associated materials required for the printing processes. The company also earns income from software solutions that en...
Nano Dimension Earnings Call Summary
Earnings Call Date:Sep 17, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Mar 31, 2026
Earnings Call Sentiment Neutral
The earnings call presented a mix of positive and negative aspects. While there was significant revenue growth driven by the Markforged acquisition and strategic partnerships, challenges such as the Desktop Metal bankruptcy and declines in revenue excluding Markforged indicate ongoing hurdles. The company's strong financial position provides strategic flexibility, but macroeconomic headwinds and increased operating expenses remain concerns.Positive Updates
Strong Revenue Growth
Revenue for the quarter was $25.8 million, representing a year-over-year growth of approximately 72% compared to $15 million in the second quarter of 2024.
Negative Updates
Desktop Metal Bankruptcy
Following a comprehensive review, Desktop Metal filed for Chapter 11 bankruptcy protection, resulting in a noncash impairment of $139.4 million and a loss from its operation of $30.4 million during the quarter.
Read all updates
Q2-2025 Updates
Positive
Negative
Strong Revenue Growth
Revenue for the quarter was $25.8 million, representing a year-over-year growth of approximately 72% compared to $15 million in the second quarter of 2024.
Read all positive updates
Company Guidance
During the Nano Dimension Second Quarter 2025 Financial Results Conference Call held on September 17, 2025, the company provided guidance highlighting several key metrics. The revenue for the quarter was reported at $25.8 million, reflecting a year-over-year growth of approximately 72% from $15 million in the second quarter of 2024. Markforged's acquisition contributed $16.1 million to this revenue, while excluding Markforged, the revenue stood at $9.7 million, marking a 35% year-over-year decline due to strategic divestitures and macroeconomic challenges. The gross margin was 44.7%, a decrease from the previous year's 46.1%, attributed to lower revenue volumes and product mix changes. GAAP gross margin further decreased to 27.3% due to the amortization of fair value adjustments from the Markforged acquisition. Operating expenses rose to $28.2 million with the inclusion of Markforged, although Nano Dimension's standalone operating expenses decreased by over 24% year-over-year. The company reported an adjusted EBITDA loss of $16.7 million, compared to a $14.6 million loss last year, primarily due to the inclusion of Markforged. The balance sheet remains robust with total cash, cash equivalents, and investable securities at $551 million as of quarter end, excluding amounts related to Desktop Metal.Nano Dimension Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
66
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2025 | Dec 2023 | Dec 2022 | Mar 2022 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 81.69M | 57.77M | 56.31M | 43.63M | 10.49M | 3.40M |
| Gross Profit | 25.95M | 25.00M | 25.46M | 14.05M | 1.12M | 1.06M |
| EBITDA | -114.78M | -89.29M | -48.58M | -219.56M | -198.18M | -45.45M |
| Net Income | -266.62M | -95.89M | -54.55M | -227.42M | -200.78M | -48.49M |
Balance Sheet | ||||||
| Total Assets | 691.94M | 901.89M | 1.06B | 1.20B | 1.39B | 689.26M |
| Cash, Cash Equivalents and Short-Term Investments | 513.83M | 757.96M | 851.54M | 1.03B | 1.29B | 670.93M |
| Total Debt | 34.14M | 10.79M | 13.81M | 17.96M | 5.42M | 2.62M |
| Total Liabilities | 89.13M | 43.18M | 48.55M | 53.17M | 45.72M | 22.14M |
| Stockholders Equity | 602.81M | 857.99M | 1.01B | 1.15B | 1.34B | 667.12M |
Cash Flow | ||||||
| Free Cash Flow | -120.09M | -59.92M | -115.69M | -101.44M | -468.36M | -11.01M |
| Operating Cash Flow | -118.88M | -57.01M | -105.07M | -92.05M | -42.58M | -9.65M |
| Investing Cash Flow | 182.03M | 140.05M | -166.60M | -67.67M | -496.68M | -86.76M |
| Financing Cash Flow | 3.70M | -74.45M | -105.41M | -5.27M | 804.18M | 677.73M |
Nano Dimension Technical Analysis
Positive
1.68
Price Trends
1.86
Negative
1.76
Positive
1.64
Positive
Market Momentum
-0.05
Negative
50.50
Neutral
68.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NNDM, the sentiment is Positive. The current price of 1.68 is below the 20-day moving average (MA) of 1.77, below the 50-day MA of 1.86, and above the 200-day MA of 1.64, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 50.50 is Neutral, neither overbought nor oversold. The STOCH value of 68.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NNDM.
Nano Dimension Risk Analysis
Nano Dimension disclosed 47 risk factors in its most recent earnings report. Nano Dimension reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Nano Dimension Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $189.61M | 31.62 | 16.33% | ― | 14.33% | 36.97% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
52 Neutral | $658.36M | -6.79 | -12.33% | ― | -2.93% | -22.55% | |
48 Neutral | $366.62M | -1.62 | -36.12% | ― | 42.17% | -215.37% | |
46 Neutral | $272.00M | -1.29 | -60.71% | ― | 83.38% | 50.44% | |
45 Neutral | $284.83M | 7.65 | 14.09% | ― | -11.78% | ― | |
43 Neutral | $68.51M | -0.79 | 64.68% | ― | -9.11% | -61.28% |
* Technology Sector Average
NNDM
Nano Dimension
1.69
0.01
0.60%
DDD
3D Systems
1.95
-0.17
-8.02%
QMCO
Quantum
4.68
-9.47
-66.93%
SSYS
Stratasys
7.64
-2.48
-24.47%
OSS
One Stop Systems
7.67
5.26
218.05%
CAN
Canaan
0.41
-0.50
-54.95%
Nano Dimension Corporate Events
Nano Dimension Approves Key Proposals at Annual Shareholder Meeting
Dec 4, 2025
On December 4, 2025, Nano Dimension Ltd. held its Annual General Meeting of Shareholders, where all proposals were approved. Key decisions included the re-appointment of KPMG LLP as the independent auditor, re-election of board members, approval o...
Nano Dimension Highlights Strategic Progress Ahead of AGM
Nov 20, 2025
On November 20, 2025, Nano Dimension Ltd. issued a shareholder letter highlighting key developments ahead of its Annual General Meeting on December 4, 2025. The company reported significant progress in its third quarter 2025 results, including cos...
Nano Dimension Reports Q3 2025 Financial Results and Strategic Initiatives
Nov 19, 2025
On November 19, 2025, Nano Dimension Ltd. announced its financial results for the third quarter of 2025, highlighting a significant revenue increase to $26.9 million, largely due to the acquisition of Markforged Holding Corporation. Despite this g...
Nano Dimension’s Strategic Shift and Upcoming Shareholder Meeting
Oct 30, 2025
On October 30, 2025, Nano Dimension Ltd. issued a shareholder letter discussing significant changes and strategic directions for the company. The letter highlighted the company’s transition from MA integration to scaling technology platforms...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.