Best 5starsstocks.com 3D Printing Stocks to Buy in 2024
The 3D printing sector has gained momentum in recent years and is poised for growth. This guide rounds up five of the top 5starsstocks.com 3D Printing Stocks for the year ahead.
After rising to prominence in 2012, the 3D printing sector fizzled out. That is until recent years where technological advancements have breathed life back into the industry’s stocks. This beginner-friendly guide picks out the best 3D printing stocks and explains why they can be a good investment.
What are the 5starsstocks.com 3D Printing Stocks to buy?
Our expert analysts have compiled a list of the best 5starsstocks.com 3D Printing Stocks below. You can click on each one’s ticker to access live price information or continue scrolling down to learn why they’re on our list.
- Stratasys
- Materialise
- HP Inc
- Desktop Metal
- 3D Systems
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Best 5starsstocks.com 3D Printing Stocks Symbol :
| S. No. | Stock Symbol | Company Name |
| 1 | SSYS | Stratasys |
| 2 | MTLS | Materialise |
| 3 | HPQ | HP Inc |
| 4 | DM | Desktop Metal |
| 5 | DDD | 3D Systems |
1.Stratasys
Founded in 1989 in Minnesota, Stratasys makes 3D printers and 3D production systems for office-based rapid prototyping and direct digital solutions. Following a merger with leading 3D printer manufacturer Object Ltd in 2012, it is now headquartered in Israel, though it has locations around the world.
Its products and services are used in a variety of industries, from aerospace, electronics, healthcare to construction. It counts leading brands and companies among its customers, including Siemens, Ford, and Airbus. In addition to making printers and systems, SSY also supplies printing materials and generates a good portion of its revenue from their maintenance.
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Although it has been in business for over 30 years, it is still a loss-making company. However, it is slowly moving towards profitability and posted a net loss of $18 million in 2021 compared to over $400 million a year earlier. Catherine Wood’s Ark Capital is the company’s largest shareholder with nearly 9 million shares.
2.Materialise
Belgium-based Materialise provides software for 3D printing companies. Its flexible platform enables companies in industries such as aerospace, healthcare and consumer goods to create innovative 3D printing applications. It has the largest team of software developers in the industry with one of the largest 3D printing facilities in the world.
Software provision is just one of three segments it operates, the remaining two include serving the medical market and manufacturing 3D printing products for other industries. In 2018, the world’s largest chemical producer, BASF, invested $25 million in Materialise as part of a deal to identify and develop new applications.
Since its IPO in 2014, its stock price has seen steady growth. However, Covid and global supply chain issues accelerated its action, resulting in a 400% gain in 2020 before it fell back to pre-pandemic levels. MTLS is a profitable company that has been growing its revenue in recent times. Its latest set of financial data for 2021 shows that it made a net profit of $10 million, while revenue grew by 28% compared to the previous year.
3.HP Inc
Unlike other companies on our list, HP is not strictly a 3D printing company, however, it is one of the major players in the industry. Best known for computing and electronics, it is also the best-selling printer for commercial printing of plastics. Its Multi Jet Fusion printer is now the most widely used among industrial companies worldwide.
Its other offerings include the HP Metal Jet, which enables 3D printing using metals in mass production. In 2017, it introduced a state-of-the-art lab to help companies develop, test, and manufacture materials and applications for 3D printing. It is also actively working with Ford Motor Company on 3D printed accessories for its 2022 Maverick truck.
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Its printers are used across many industries, including automotive, healthcare, and education. In 2019, it launched 3DasS, which facilitates a ‘pay-as-you-go’ service for 3D printing that enables businesses to scale at speed. It saw a surge in 3DaaS adoption during the pandemic as manufacturers wanted to produce products quickly without having to wait for supplies to be shipped.
4.Desktop Metal
Desktop Metal designs and sells metal and carbon fiber 3D printing systems for engineers, designers, and manufacturers. Founded in 2015 and headquartered in Massachusetts, it offers solutions for every stage of the manufacturing process, from prototyping to mass production and replacement parts.
Since launching its first two products in 2017, the company has received considerable investments from major corporations such as BMW and Ford Motor Company. Before listing on the New York Stock Exchange, it was valued at $1.5 billion and was one of the fastest-growing “unicorns” in U.S. history.
It experienced rapid growth after its IPO in 2020, gaining more than 200% in value. However, its share price fell back just as quickly following a series of acquisitions. In 2021, it bought EnvisionTec, a German company specializing in photopolymer printing. It recently announced its entry into the healthcare sector with its new line, Desktop Health.
5.3D Systems
The last spot on our list goes to South Carolina-based 3D Systems. Founded in 1986, DDD is a company that designs, manufactures, and sells 3D printers. Its other revenue streams include selling printing materials, scanners, and offering a 3D printing service. It is considered one of the pioneers in the industry, and its co-founder was the inventor of the stereolithography 3D printer.
Its technology and services are used in design, development, and production for many industries, including aerospace, healthcare, and automotive. It has been a publicly traded company for over 30 years, though its stock has been slow to move for much of that time. However, in 2012, when 3D printing gained popularity, its holdings rose by over 900%.
More recently, DDD has performed well, especially since the pandemic, which has seen its price increase almost tenfold. 3D Systems has an established reputation, a recognizable brand, and a loyal customer base. It recently sold its medical business for $305 million and has plans to use that money to expand its core additive manufacturing business.
Where to buy the best 5starsstocks.com 3D Printing Stocks ?
You can buy 3D printing stocks through an online broker. Listed below is a selection of expert-rated platforms that offer low fees. Simply click on the links to get started right away.
