3D Printing Stocks for Maximum Returns: 6 Best Options
The field of 3D printing has seen incredible breakthroughs, challenging traditional industrial methods and reforming supply networks. If you're fascinated by 3D printing technologies or the growth potential of these businesses, this is your thorough guide to investigating and capitalizing on 3D printing stocks.
In this article, we examine the leading firms behind this revolutionary development by looking closely at their business models, technological competence, and current place in the market. Here, we explore the ever-changing environment of the 3D printing business and its boundless potential by highlighting six of the greatest stocks to buy right now, regardless of your level of investment expertise.
Investing in 3D Printing Stocks: Benefits and Promising Statistics
Innovation and Disruption
According to a report by MarketsandMarkets, the global 3D printing market is projected to reach $34.8 billion by 2026, indicating significant growth opportunities for companies in the industry. Research firm IDC forecasts that worldwide spending on 3D printing will reach $17 billion in 2024, highlighting the increasing adoption and investment in this technology.
Market Potential
The medical and dental 3D printing markets alone are expected to grow at a CAGR of 17.2% from 2021 to 2028, as reported by Grand View Research. This presents a substantial market opportunity for investors. The automotive industry is embracing 3D printing for prototyping, spare parts manufacturing, and customization. According to Allied Market Research, the global automotive 3D printing market is projected to reach $7.9 billion by 2027.
Diversification
Stocks in 3D printing companies provide diversification benefits due to their widespread application in industries as diverse as medicine, aerospace, and retail. Wohlers Associates estimates that by 2025, 3D printing will have saved $3 billion annually in the cost of constructing airplanes. Statistics project that by 2027, the consumer goods subsector of the 3D printing business will be worth $5.4 billion.
Technological Advancements
The increasing number of patents for 3D printing demonstrates the industry's commitment to innovation. According to the World Intellectual Property Organisation (WIPO), the number of patent applications, including 3D printing, increased by 3.6% in 2021.
Customization and Personalization
3D printing companies frequently invest in research and development to increase their product line in order to remain competitive. Those who invest in these stocks do so in the hopes of capitalizing on potential gains stemming from technological advances.
With these figures in mind, it is clear that investing in 3D printing stocks is a great way to profit from a market that is booming due to technological advancement and the rising demand for customization across numerous industries. However, prior to making any financial commitments, thorough research and analysis are essential.
Stocks in 3D Printing: 6 Best Options
1. Proto Labs Inc.
Proto Labs is an alternate option for investors seeking a 3D printing stock. It is an innovative "digital manufacturer" that uses state-of-the-art technologies, including 3D printing, laser cutting, and digital scanning, to create one-of-a-kind prototypes and final products on demand. Since its founding in 1999, the firm has successfully adopted innovative practices. For instance, a company could employ 3D printing to capitalize on both emerging markets and its existing supplier and client bases.
Investors should consider Proto Labs because of its current profitability, as well as its potential for continued profit growth and financial stability. The 2022 acquisition of Hubs will significantly improve the company's 3D printing partner network, resulting in increased growth and better long-term prospects.
2. 3D Systems Corp
The 3D printing industry is dominated by the company 3D Systems (DDD), which is well-known for its cutting-edge innovations. The company's dominance is reflected in its market value of close to $1 billion. Using state-of-the-art methods like 3D printing, laser cutting, and computer imaging, 3D Systems is able to produce one-of-a-kind prototypes and finished products on demand, positioning the company at the forefront of innovation. According to its forward-looking financial forecasts, the company appears committed to growth.
Earnings per share are expected to increase from $1.55 in the current fiscal year to $1.67 the next year and then to $2.04 in 2023. The $280 million purchase of Hubs, a strategic acquisition that will strengthen the business's network of 3D printing partners, ensures 3D Systems' growth.
3. Materialise NV
If you're interested in biotech applications and the 3D printing business, you might want to consider purchasing Materialise (MTLS) stock. When it comes to the multimillion-dollar 3D printing industry, Materialise is king. Profit and revenue have both increased by double digits every year for the past many years at this company. Even if the stock price has fallen by more than 44% since the beginning of the year (as of June 17), it nevertheless offers possible long-term potential in the medical sector of the twenty-first century.
Because of its diverse offerings and clientele, Materialise is able to serve a wide range of sectors, including healthcare, education, and research. Materialise, which specializes in medical technology and contract manufacturing, can benefit from healthcare's growth.
4. Nano Dimension Ltd.
Nano Dimension is an intriguing choice for investors seeking to invest in 3D printing stocks. As a nascent startup in this rapidly growing sector, the company presents significant potential.
In the third quarter of fiscal 2023, Nano Dimension reported a remarkable doubling of its revenue year over year, primarily driven by increased sales of its DragonFly 3D printing systems and Fabrica 2.0 micropart machines. Although projected revenue for this year stands at approximately $5 million, the company's fiscal 2023 revenue is forecast to surpass $41 million, reflecting a remarkable percentage increase.
While Nano Dimension's stock has experienced a significant decline of over 60% in the past year, investors with an appetite for risk can potentially gain from this ground-floor opportunity in a high-growth 3D printing stock.
5. Desktop Metal Inc.
Desktop Metal (DM) presents an intriguing opportunity for investors interested in 3D printing stocks. Valued at approximately $700 million, the company has experienced a decline of over 50% in 2023. However, Desktop Metal showcases both the potential and risks associated with the industry. As a computer hardware company specializing in additive manufacturing technologies, it offers solutions for engineers, designers, and producers globally, including small-scale Studio System technologies and the potential for mass production runs.
Despite concerns about cash burn and potential headwinds, Desktop Metal is expected to achieve impressive revenue growth of over 120% in fiscal 2022, with another 34% increase forecasted for fiscal year 2023. While this investment carries inherent risks, Desktop Metal's expansion and recent declines make it a compelling option for those seeking exposure to the 3D printing market.
6. Stratasys Ltd.
Investors could choose Stratasys, a well-known and renowned 3D printing company, for their 3D stock portfolio. The company is profitable and expects double-digit revenue growth this year and next. Stratasys' stock has fallen 58% from its 2022 peak because of Wall Street's dissatisfaction with the company's acquisition frenzy.
Since 1989, Stratasys has grown through acquisitions and partnerships. Objet, Solid Concepts, Massivit 3D, and Inkbit deals show the company's dedication to expansion and innovation. These risks support Stratasys' goal of industry leadership and consolidation. Stratasys offers investors exposure to 3D printing stocks by using its lengthy history, continuous profitability, and smart expansion efforts.
Having looked at the best 3D printing stocks, it's also important to have a look at the best 3D printing.
Best 3D Printing Software
When using 3D printing, it is common practice to start with a digital model of the final product. This model is produced with the help of CAD software or acquired with the help of 3D scanning technology. A specialized piece of software then slices the digital model into thin cross-sectional layers, directing the 3D printer as it prints.
There are many tools that are available for 3D printing, but we recommend using SelfCAD. It is an easy to use 3D design software that offers a comprehensive set of tools and features that make it the best software for 3D printing. Whether you're a beginner or an experienced user, SelfCAD provides a user-friendly interface and powerful capabilities to bring your designs to life.
With SelfCAD, you can start by creating a digital model of your desired product using its CAD tools. The software allows for precise design and customization, enabling you to create complex geometries and intricate details with ease. SelfCAD also supports 3D scanning technology, allowing you to import 3D scans and modify or clean them up with ease. Once your digital model is ready, SelfCAD provides seamless integration with 3D printing. It comes with an in-built online slicer that you can use to slice your files and generate the G-code to send to your 3D printer, as shown in the video below.
The software also comes with many resources for learning including interactive tutorials, SelfCAD academy, and Youtube videos like 3D modeling tutorials for beginners and 3D modeling 101 series.
Stay Ahead of the Curve: Invest in 3D Printing's Bright Future
With advances in manufacturing technology, investing in 3D printing stocks can pay off. The key is to proceed with caution and spread your money around. Having some cash on hand to invest in technology stocks during market downturns is a good idea. Stocks in the 3D printing industry may provide substantial returns over the long term.
Enjoy powerful modeling, rendering, and 3D printing tools without the steep learning curve.
Need to learn 3D modeling? Get started with interactive tutorials.