Proto Labs (NYSE:PRLB – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.260-0.340 for the period, compared to the consensus earnings per share estimate of 0.340. The company issued revenue guidance of $120.0 million-$128.0 million, compared to the consensus revenue estimate of $124.5 million.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the company. Craig Hallum boosted their price objective on Proto Labs from $30.00 to $36.00 and gave the stock a “hold” rating in a research report on Monday, November 4th. Needham & Company LLC reissued a “hold” rating on shares of Proto Labs in a research note on Friday. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $40.00 price objective on shares of Proto Labs in a research note on Monday, November 4th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $40.33.
Check Out Our Latest Report on Proto Labs
Proto Labs Stock Down 6.6 %
About Proto Labs
Proto Labs, Inc, together with its subsidiaries, operates as a digital manufacturer of custom parts in the United States and Europe. The company offers injection molding; computer numerical control machining; three-dimensional printing; and sheet metal fabrication products. It serves developers and engineers, who use 3D computer-aided design software to design products across a range of end-markets.
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