
Proto Labs (PRLB) Stock Forecast & Price Target
Proto Labs (PRLB) Analyst Ratings
Bulls say
Proto Labs Inc has demonstrated impressive financial performance, highlighted by a significant increase in factory gross margins, which rose by 90 basis points to 48.3%, and a substantial 230 basis point increase in network gross margins to 32.9% for the full year 2024. Additionally, the company's network revenue surged by 18% year-over-year in constant currency, reaching $26.5 million, indicating strong operational momentum and an upward trajectory in sales. The growth in CNC machining, accounting for 43% of sales, further underscores the company's robust demand, with a 7% year-over-year increase in constant currency, reinforcing a positive outlook for future revenue growth.
Bears say
Proto Labs Inc's financial outlook appears negative, primarily due to a decline in gross margins, which decreased to 43.4% in Q4 from 46.2% in Q3, reflecting ongoing pricing pressures and higher operational costs. The company is anticipating a 3% year-over-year revenue decline alongside a significant 26% drop in non-GAAP EPS as it continues to invest in revenue growth amidst these challenges. Additionally, the decline in revenue was evident as Q4 revenues decreased by 2.6% year-over-year to $121.8 million, indicating ongoing difficulties in maintaining sales momentum in a competitive market.
This aggregate rating is based on analysts' research of Proto Labs and is not a guaranteed prediction by Public.com or investment advice.
Proto Labs (PRLB) Analyst Forecast & Price Prediction
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