Stratasys Releases Third Quarter 2016 Financial Results

UBS Cuts Price Target on Stratasys (SSYS) to $16 Following 3Q Report

UBS maintained a Sell rating on Stratasys Inc. (NASDAQ: SSYS), and cut the price target to $16.00 (from $19.00), following the company's 3Q earnings report. SSYS reported revenues of $157mn, missing the Street's $174mn estimate. The outlook remains soft, with 2016 revenue now expected to be... More

Stratasys (SSYS) PT, Estimates Cut at Stifel

Stifel analyst Patrick Newton lowered estimates and his price target on Stratasys Inc. (NASDAQ: SSYS) to $19.00 (from $23.00) following results. The firm maintained a Hold rating.

Newton commented, "Stratasys 3Q16 results included a significant revenue miss and lower than expected gross margin, resulting in the company reducing its 2016 guidance. Pro forma EPS was $0.00, comparing negatively to our estimate of $0.06 and... More

Craig-Hallum Downgrades Stratasys Inc. (SSYS) to Hold

Craig-Hallum downgraded Stratasys Inc. (NASDAQ: SSYS) from Buy to Hold.

For an analyst ratings summary and ratings history on Stratasys Inc. click here. For more ratings news on Stratasys Inc. click here.

Shares of Stratasys Inc. closed at $20.50 yesterday.

Stratasys (SSYS) Shares are Already Washed Out - Needham & Company

Needham & Company analyst James Ricchiuti lowered his price target on Stratasys Inc. (NASDAQ: SSYS) to $21.00 (from $24.00) following its Q3 miss and weak guidance but maintained a Buy rating, saying shares are washed out at current levels.

Ricchiuti commented, " SSYS turned in a disappointing Q3 report prior to the... More

Stratasys (SSYS) Misses Q3 EPS by 5c; Cuts FY16 Outlook

Stratasys (NASDAQ: SSYS) reported Q3 EPS of $0.00, $0.05 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $157.2 million versus the consensus estimate of $174.54 million.

GUIDANCE:

Stratasys sees FY2016 EPS of $0.13-$0.21, versus the consensus of $0.32. Stratasys sees... More