Once again we take a look at the valuations of the major 3D printing companies over the past week.
Publicly traded companies are required to post their financial reports, as well as appear on stock markets. From there we can calculate the total value of their company by multiplying the current stock price by the number of outstanding shares. This number is the market capitalization, and represents the current valuation of the company.
It’s a great number of compare companies, as the market capitalization can be leveraged to provide more capabilities for the company. Shares could, for example, be used as collateral for a loan. That and similar maneuvers could generate cash with which the company might undertake new projects.
In other words, “market cap”, as it is known, is quite important.
You might think it’s not important to monitor these companies each week, as their value is realized only when stocks are sold. However, events happen to companies occasionally that cause their value to rise and fall, and this weekly post is where we track such things.
Note that our list here does not include all major 3D print companies. Not all 3D print companies are publicly traded, and thus we cannot officially know their true size, such as EOS. Others, like HP or Siemens, have very large 3D printing divisions, but are part a much larger enterprises and we cannot know the true size of their 3D printing activities.
Let’s take a look at the 3D printing companies on this week’s list.
3D Printing Leaderboard
| RANK | COMPANY | CAP | CHG |
| 1 | Bright Laser | $2,432 | +225 |
| 2 | Farsoon | $2,312 | -106 |
| 3 | Xometry | $1,354 | -245 |
| 4 | Proto Labs | $977 | -17 |
| 5 | Stratasys | $754 | -45 |
| 6 | Nano Dimension | $472 | -27 |
| 7 | 3D Systems | $460 | -96 |
| 8 | Materialise | $311 | -38 |
| 9 | Titomic | $197 | -17 |
| 10 | Desktop Metal | $76 | +2 |
| 11 | Markforged | $53 | -1 |
| 12 | AML3D | $47 | -0 |
| 13 | BigRep | $35 | -5 |
| 14 | Aurora Labs | $18 | -2 |
| 15 | Massivit | $8 | -0 |
| 16 | Steakholder Foods | $4 | -1 |
| 17 | Sygnis | $3 | +0 |
| 18 | Freemelt | $2 | -0 |
| TOTAL | $9,513 | -373 |
This week saw upward movement on some exchanges, while others dropped — mixed results. However, the tech-heavy NASDAQ dropped significantly, which was reflected in this week’s leaderboard results: a drop of almost four percent.
The two Chinese companies at the top of the leaderboard swapped positions this week, with Farsoon’s stay at the top being quite brief. It seems that the company’s extraordinary boost last week was followed by investors cashing in, dropping the company’s value by about four percent. This allowed Bright Laser, which rose ten percent, to take the lead.
Xometry fell a huge 15% this week after they released their financials for 2024. This is a bit surprising, as their data was reasonably positive. The company’s revenue grew 20%, along with profit and several other measures. I suspect the growth was less than anticipated by investors, who pushed the valuation upwards in previous weeks.
3D Systems’s valuation fell 17% this week, prior to the release of their financials. With no specific news released, the drop could be due to investors anticipating bad news.
Materialise dropped almost eleven percent this week, likely due to last week’s release of somewhat disappointing financials — at least according to the opinion of investors.
Desktop Metal rose slightly this week, one of the few companies on the positive side of the ledger. Interestingly, the company posted a rather lengthy list of instructions to investors describing steps they must take to effect the proposed merger with Nano Dimension. Evidently Israeli law requires holdbacks, documentation and more from investors.
The fact that Desktop Metal is posting this detailed information hints that they suspect the merger transaction will proceed. This was under some question due to the recent and wholesale regime change at Nano Dimension. It may be that investors saw the notice and pushed up the valuation a bit.
Upcoming Changes
We’ve heard very little about companies intending to become publicly traded recently. This is due to the ongoing lack of investor interest in the technology. The technology’s reputation has suffered immensely in the investment community because of multiple large-scale investment failures in the past few years.
If you are aware of any other publicly-traded 3D print companies that should be on our leaderboard, please let us know!
Others In The Industry
While we’ve been following the public companies, don’t forget there are a number of private companies that don’t appear on any stock exchange. These privately-held companies likely have significant value, it’s just that we can’t know exactly what it is at any moment. The suspected bigger companies include EOS, Carbon and Formlabs.
Perhaps someday some of them will appear on our major players list.
Related Companies
Finally, there are a number of companies that are deeply engaged in the 3D print industry, but that activity is only a small slice of their operations. Thus it’s not fair to place them on the lists above because we don’t really know where their true 3D print activities lie.
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