Stratasys Q4 Revenue Forecast to Drop 7.4% After $137M Quarter
Stratasys reported $137 million in revenue last quarter, down 2.2% year-over-year, with EPS beating estimates but adjusted operating income missing forecasts. Q4 revenue is projected to decline 7.4% YoY as peers Proto Labs and Arrow Electronics post 12.1% and 20.1% growth, respectively.
1. Q4 Revenue Outlook
Stratasys is forecast to post Q4 revenue down 7.4% year-over-year, deepening the slowdown from the prior quarter’s 3.8% revenue drop, as analysts have largely maintained their estimates in recent weeks.
2. Prior Quarter Results
In Q3, the company reported $137 million in revenue, down 2.2% year-over-year, delivering an EPS that surpassed consensus but recording an adjusted operating income shortfall against analyst projections.
3. Peer Comparisons
Proto Labs and Arrow Electronics reported Q4 revenue gains of 12.1% and 20.1%, beating estimates by 5.4% and 6.6%, respectively, with their shares rising 25.6% and 12.4% post-results, highlighting Stratasys’s relative underperformance.
4. Market Sentiment and Price Target
Shares of Stratasys have declined 15.4% over the past month versus a 2.4% average gain among industrial machinery peers. The consensus analyst price target stands at $13.17, compared to the current share price of $9.41.