3D printing has taken the world by storm over the past few years. In the past, 3D printing technology was only available to large corporations. However, 3D printing services are becoming increasingly accessible to consumers.
Right now, 3D printing stocks have boundless potential. We’re not sure exactly how this technology will evolve in the long term, but right now we know it has the capacity to disrupt traditional manufacturing processes.
In this article, we’ll talk about our favorite 3D printing stocks on the market right now. Now is a great time to invest in the 3D printing space while the technology is still growing.
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Best 3D Printing Stocks To Buy
The 3D Printing ETF (PRNT)
One of the best investments in the 3D printing industry isn’t a stock at all – it’s an ETF run by ARK Invest. This is a great way to capitalize on the 3D printing market without investing in one specific company.
This 3D Printing ETF contains some of the top companies in the industry. They represented different aspects of the 3D printing business, including CAD and design software, 3D printers and other hardware, materials, and other key lines of business.
This ETF has performed very well over the last year. Companies are discovering new uses for additive manufacturing technologies in new industries. This has meant that the 3D Printing ETF has generated strong returns this year and outperformed the S&P 500.
Proto Labs Inc. (NYSE: PRLB)
Proto Labs Inc. is one of the most exciting 3D printing stocks on the market right now. They focus on low-volume manufacturing of custom products. Proto Labs does this with 3D printing as well as injection molding, computer numerical control machining, sheet metal fabrication, and more.
They work with companies in a variety of industries, including the automotive industry, medical industry, and electronics industry. Proto Labs currently has a global presence, with operations in the US, Europe, and Japan.
Proto Labs is very unique, because they can create custom parts that customers can’t make on their own. As with many other companies, their business was negatively affected by the COVID-19 pandemic.
However, Proto Labs recently released their fourth quarter earnings report, and their numbers are promising. Both their earnings and revenue beat expectations.
Although their revenue did decline slightly from last year, Proto Labs was able to stay afloat during a time when many other companies in the industry have been struggling. Their cash flow remains strong, which indicates plenty of potential for future growth after the pandemic is over.
Proto Labs also has one of the largest market caps of any of the top 3D printing companies. Their current market cap is $5.28 billion.
Proto Labs hit a 5 year high at the end of January, although their shares have dipped slightly since then. Now could be the right time to add Proto Labs to your portfolio, before shares go back up again.
3D Systems (NYSE: DDD)
3D Systems is a company with a long history in the 3D printing market. Their founder, Chuck Hull, patented one of the first forms of 3D printing technology in the 1980s. The company went public in 1988, but their stock didn’t really take off until 2012.
Today, 3D Systems makes many different types of 3D printing products. These include 3D printers and software, as well as custom 3D printing solutions. They focus on clients in the healthcare and industrial spaces, and currently have a market cap of $5.94 billion.
3D Systems’ stock skyrocketed in 2013 and 2014, when 3D printing first hit the mainstream. However, their shares eventually dropped. However, the stock had a breakout moment again at the beginning of January 2021, reaching a 5 year high.
This breakout happened when 3D systems announced that they would be expanding their headquarters in South Carolina. This means they are going to expand their 3D printing capacity, which will hopefully increase their cash flow and revenue moving forward.
3D Systems has also recently had a breakthrough in the development of 3D printing services for biomedical applications. Specifically, they have been working on technology that would allow them to print human organs for life-saving transplants.
Although 3D printing companies have struggled during the COVID-19 pandemic, all of these developments bode well for 3D Systems. If they can maintain this momentum, they could become a great long-term addition to your portfolio.
Stratasys (NASDAQ: SSYS)
Stratasys develops 3D printer and manufacturing systems for companies in a variety of industries. Their systems work with many different materials, and they are particularly popular for creating prototypes. Stratasys on polymer materials as opposed to more complex metals.
The company was originally founded in Minnesota and went public in 1994. In 2012, Stratasys merged with an Israeli company called Objet, and moved their headquarters to Israel.
Stratasys stock has spiked in the beginning of 2021. Investors have been very interested in the 3D printing market in general, and Stratasys is a company that already has a strong customer base.
Additionally, many expert analysts are feeling positively about Stratasys. They recently appointed a new leadership team to help strengthen their business model even further.
Only time will tell if Stratasys can maintain their momentum. However, their long history of success bodes well for their business in the future.
SLM Solutions (OTC: SLGRF)
SLM Solutions is a German 3D printing company. They focus on 3D metal printing, which is a subset of the industry with a huge amount of untapped potential. Their most expensive 3D printer costs approximately 1.5 million euros and can print with metals like steel, titanium, and aluminum.
Like many companies in the 3D printing industry, SLM Solutions stock has gone up this year despite the economic challenges of the current market. Their stock currently trades for approximately $23 per share.
SLM Solutions is different from many other 3D printing companies because they have a focus on metal manufacturing. This will help them stand out from the market as the 3D printing sector gets more crowded.
ExOne (NASDAQ: XONE)
ExOne is a 3D printing company based in Pennsylvania. They make several different types of 3D printers, most notably metal and sand 3D printers. They also make printing materials, parts, and accessories.
This company’s products have applications in a variety of industries. Their printers are used most often for industrial manufacturing, but they also have applications in medical and dental and even in art and fashion.
ExOne’s most recent earnings estimates beat analysts’ forecasts. Their stock has skyrocketed since the beginning of January as a result.
As with many other 3D printing stocks, it is difficult to determine if this growth rate will be sustainable in the long run. However, their current performance is very exciting for investors.
3D Printing Penny Stocks
Sigma Labs (NASDAQ: SGLB)
Sigma Labs makes a quality assurance software called PrintRite3D. This product uses lasers to gather information about the product while it is printing. The software then assesses this information to provide quality control.
This quality assurance can help companies expand their additive manufacturing operations. The software can replace manual quality checks to some degree, which can help companies work more efficiently.
Sigma Labs stock has slowly been on the rise this year, although it has had its ups and downs. The stock’s momentum seems to be going in the right direction, which bodes well for the next several months.
As with any penny stock, Sigma Labs does come with some inherent risks. Penny stocks always have a higher risk of volatility. However, this could be a good way for investors to get into the 3D printing market without a high price tag.
Best Medical 3D Printing Stocks
Materialise (NASDAQ: MTLS)
Materialise is another one of the top 3D printing stocks that Wall Street has its eye on right now. The company is based in Belgium and has a strong reputation in the industry.
There are three key sectors of the Materialise business. These are additive manufacturing services, 3D printing software, and medical manufacturing. They currently offer 3D printing manufacturing services in countries around the world.
Materialise has a very large share of the 3D printing market. In fact, many other leading companies use their 3D printing software and technology. This makes them a great pure play for the 3D printing industry.
When compared with Proto Labs, Materialise hasn’t performed quite as well financially over the past year. However, their stock performance indicates that investors still have confidence in this company.
Materialise stock hit its highest point in five years at the beginning of February. In 2020, their stock generated returns that were over 200 percent.
Many analysts predict that these strong returns will continue over the next few years. As 3D printing becomes more mainstream, Materialise has a business model that could be extremely successful.
Align Technology (NASDAQ: ALGN)
Align Technology is best known for manufacturing Invisalign clear aligners, a popular alternative to braces. However, they also make 3D scanners and other manufacturing tools specifically for orthodontics.
This company has surprised everyone this year with its strong performance. At this time last year, Align stock was trading for $269.93 per share. Now, the stock trades for over $600 per share.
Much of this growth is a result of strong earnings reports. The company’s revenue went up last year despite the economic challenges of the pandemic.
There’s been huge demand for clear aligners in recent years, as they are generally considered much more comfortable and easier to manage than braces. Align launched a major social media campaign last year to reach younger customers.
This stock is a non-pure play in the 3D printing industry. However, the company’s diversity of operations can actually be a good thing for their finances. Since demand for Invisalign is stable, they’re able to experiment with new 3D manufacturing technology.
With all the hype around this stock right now, it is relatively expensive. Investors might want to wait for a dip in price before adding this stock to their portfolio.
Should You Buy 3D Printing Stocks?
3D printing is an industry with a huge amount of untapped potential. While 3D printers were initially developed in the 1980s, they were bulky and didn’t have many applications. Throughout the 2000s and 2010s, engineers improved 3D printing technology, and it became more mainstream.
Now, the broader market is turning to 3D printing companies to create custom parts and products. In particular, 3D printers have been very helpful for creating custom medical solutions, auto and electronic parts, and even custom jewelry and fashion pieces.
All eyes are on the 3D printing stocks mentioned in this article. Over the past few months, investors have been very keen on the 3D printing market. Many leading 3D printing stocks have shot up in price.
If 3D printing companies can scale up their operations, they could compete with traditional manufacturing services. As 3D printing becomes more accessible to the average consumer, it’s likely that these stocks will continue to rise in value.
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Best 3D Printing Stocks: Final Thoughts
3D printing is changing the manufacturing industry. With 3D printers, we can create incredible new products and solve some of the world’s most challenging problems. In particular, 3D printing has been extremely helpful for the medical industry, because it gives doctors a way to make custom solutions for their patients.
This industry is just starting to take off, so now is a great time to add 3D printing stocks to your portfolio. In the future, we could even have 3D printers in our own homes for consumer use.