Needham analyst James Ricchiuti has maintained their neutral stance on DDD stock, giving a Hold rating on March 25.
James Ricchiuti has given his Hold rating due to a combination of factors including the anticipated flat revenue growth for 3D Systems in 2025, excluding contributions from Geomagic post-Q2. The company’s Q4 results revealed a worse-than-expected adjusted EBITDA loss, which was primarily attributed to an accounting estimate change in its regenerative medicine program. Despite this, the industrial segment showed strength with an 11% year-over-year increase in Q4 revenues. However, the healthcare segment experienced a slight decline when excluding the regenerative medicine adjustment. These mixed results and the cautious outlook for 2025 have led to a more conservative stance, resulting in the Hold rating.
Ricchiuti’s decision reflects the need to reassess the company’s performance expectations, as the revised estimates for 2025 have been adjusted downward. The overall market conditions and the specific challenges faced by 3D Systems in its various segments contribute to the decision to maintain a Hold rating, suggesting that investors may want to wait for clearer signs of recovery or improvement before making more aggressive investment decisions.
According to TipRanks, Ricchiuti is a 4-star analyst with an average return of 5.4% and a 46.09% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as TTM Technologies, 3D Systems, and Benchmark Electronics.