3D printing plays rally following bullish notes ... but not Voxeljet


After getting drubbed two days in a row, 3D Systems (DDD +4.7%), Stratasys (SSYS +4.3%), ExOne (XONE +2.5%), and Proto Labs (PRLB +3.3%) are all rebounding a bit. Industrial inspection/scanning tool vendor Perceptron (PRCP +7.9%), whose status as a 3D printing play has been hotly debated, is also joining in on the fun.

S&P has raised its PT for 3D Systems to $84 from $63, citing sales and margin growth. Meanwhile, Piper has issued a bullish note on Stratasys: The firm notes management was upbeat during a recent talk, and thinks MakerBot's 3D printer sales are better than expected.

Back in August, Kara Swisher reported MakerBot is expecting 2013 revenue of $75M+, up ~5x from a 2012 level of $15.7M.

Voxeljet (VJET -3.1%), which was hammered yesterday thanks in part to a bearish and colorful Citron Research report, is notably missing out on today's rally. Voxeljet's decline comes even though Citi has defended the company against Citron, stating only 3 of the 52 companies that have bought the German firm's printers have been provided loans.

Voxeljet is down 46% over the last three trading days, but still up 186% from its $13 October IPO price.

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Comments (9)
  • Dr Joseph Haluska
    , contributor
    Comments (499) | Send Message
     
    Who has a link to that Citi "defense"?
    21 Nov 2013, 12:52 PM Reply Like
  • Esekla
    , contributor
    Comments (4447) | Send Message
     
    I've been saying for a bit now that investors need to differentiate between additive manufacturing companies. Forensic Factor made a very good call http://seekingalpha.co... on VJET.

     

    By contrast, I think ExOne will eventually show itself to be in the right niche, by targeting the industrial segment with their materials expertise:

     

    http://seekingalpha.co...
    21 Nov 2013, 01:07 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (18385) | Send Message
     
    Anyone seriously into additive fabrication for the longer term should visit the industry's key fair, the Euromold 2013 in Frankfurt and attend the annual Wohlers conference held on site. That is a mere €390,00 well invested. AF knowledge does not come more concise and cheaper than this http://bit.ly/S08Qq1
    21 Nov 2013, 02:44 PM Reply Like
  • Market DJ
    , contributor
    Comments (1099) | Send Message
     
    Thanks Andreas.

     

    I won't be able to attend Euromold, but I will follow it the best I can from the states. A daily newspaper will be published during the event, and I'm hoping to get an online version of that as well.
    21 Nov 2013, 08:00 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (18385) | Send Message
     
    If I can find the time, I will write an article after the Wohlers conference on Euromold Thursday. Don't count on it. In any case, you can buy the annual Wohlers Report. Money very well spent.
    21 Nov 2013, 08:05 PM Reply Like
  • bosstocks
    , contributor
    Comments (2) | Send Message
     
    Protolabs isn't a 3d printing company or play on 3d printing. They do subtractive manufacturing and injection molding.
    21 Nov 2013, 03:46 PM Reply Like
  • howlda
    , contributor
    Comments (10) | Send Message
     
    Citron is ignorant when it comes to European corporate operating models. I still see Voxeljet as being a strong company.
    21 Nov 2013, 03:56 PM Reply Like
  • pcaflisch
    , contributor
    Comments (263) | Send Message
     
    Can you tell us what you are basing that on?
    21 Nov 2013, 08:44 PM Reply Like
  • MisterEC
    , contributor
    Comments (400) | Send Message
     
    Cramer called VJET a 'cult' stock on CNBC this morning!
    22 Nov 2013, 01:00 AM Reply Like
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