3D printing plays rally following bullish notes ... but not Voxeljet
- After getting drubbed two days in a row, 3D Systems (DDD +4.7%), Stratasys (SSYS +4.3%), ExOne (XONE +2.5%), and Proto Labs (PRLB +3.3%) are all rebounding a bit. Industrial inspection/scanning tool vendor Perceptron (PRCP +7.9%), whose status as a 3D printing play has been hotly debated, is also joining in on the fun.
- S&P has raised its PT for 3D Systems to $84 from $63, citing sales and margin growth. Meanwhile, Piper has issued a bullish note on Stratasys: The firm notes management was upbeat during a recent talk, and thinks MakerBot's 3D printer sales are better than expected.
- Back in August, Kara Swisher reported MakerBot is expecting 2013 revenue of $75M+, up ~5x from a 2012 level of $15.7M.
- Voxeljet (VJET -3.1%), which was hammered yesterday thanks in part to a bearish and colorful Citron Research report, is notably missing out on today's rally. Voxeljet's decline comes even though Citi has defended the company against Citron, stating only 3 of the 52 companies that have bought the German firm's printers have been provided loans.
- Voxeljet is down 46% over the last three trading days, but still up 186% from its $13 October IPO price.
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