Analyst Price Target is $5.50
▲ +38.19% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Sigma Labs in the last 3 months. The average price target is $5.50, with a high forecast of $6.00 and a low forecast of $5.00. The average price target represents a 38.19% upside from the last price of $3.98.
Current Consensus is
The current consensus among 2 polled investment analysts is to buy stock in Sigma Labs. This Buy consensus rating has held steady for over two years.
Sigma Labs, Inc., a software company, provides in-process quality assurance software to the additive manufacturing industry under the PrintRite3D brand. It also offers PrintRite3D Lite, which has a smaller footprint and is geared towards single-laser machines for research and development, or small production lots; PrintRite3D Pro, for single, dual and quad laser machines and for environments with less than 10 machines; PrintRite3D Enterprise for plant-wide networks; and PrintRite3D for Direct Energy Deposition is based on a laser process in which a laser beam generates a melt pool on a substrate. The company also provides PrintRite3D-enabled engineering consulting services. It serves aerospace, defense, oil and gas, bio-medical, and power generation industries. The company was formerly known as Framewaves Inc. and changed its name to Sigma Labs, Inc. in September 2010. Sigma Labs, Inc. was incorporated in 1985 and is headquartered in Santa Fe, New Mexico.