Analyst Price Target is $3.85
▲ +72.65% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Velo3D in the last 3 months. The average price target is $3.85, with a high forecast of $4.00 and a low forecast of $3.70. The average price target represents a 72.65% upside from the last price of $2.23.
Current Consensus is
The current consensus among 3 investment analysts is to buy stock in Velo3D. This rating changed within the last month from a Hold consensus rating.
Velo3D, Inc. produces metal additive three dimensional printers in the United States and internationally. The company's printers enable the production of components for space rockets, jet engines, fuel delivery systems, and other high value metal parts, which it sells or leases to customers for use in their businesses. It offers Flow, a proprietary software platform, which scans part designs for geometrical features; Sapphire and Sapphire XC printers; Assure, a quality control system software platform that includes process metrologies; and Intelligent Fusion, an underlying manufacturing process that unifies and manages the information flow, sensor data from approximately 950 sensors, and the advanced printing technology for precision control of the entire print. The company also provides support services. Its customers range from small- and medium-sized enterprises to Fortune 500 companies in the space, aviation, defense, energy, and industrial markets. The company was founded in 2014 and is headquartered in Campbell, California.