Proto Labs, Inc. (PRLB)
NYSE: PRLB · Real-Time Price · USD
37.91
+0.80 (2.16%)
Jan 15, 2025, 10:18 AM EST - Market open
Proto Labs Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Proto Labs stock have an average target of 40.33, with a low estimate of 36 and a high estimate of 45. The average target predicts an increase of 6.38% from the current stock price of 37.91.
Analyst Consensus: Buy
* Price targets were last updated on Nov 4, 2024.
Analyst Ratings
The average analyst rating for Proto Labs stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Hold Maintains $30 → $36 | Hold | Maintains | $30 → $36 | -5.04% | Nov 4, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $40 | Buy | Reiterates | $40 | +5.51% | Nov 4, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Nov 1, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Aug 5, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $44 | Buy | Reiterates | $44 | +16.06% | Jul 30, 2024 |
Financial Forecast
Revenue This Year
509.23M
from 503.88M
Increased by 1.06%
Revenue Next Year
523.71M
from 509.23M
Increased by 2.84%
EPS This Year
1.60
from 0.66
Increased by 143.84%
EPS Next Year
1.53
from 1.60
Decreased by -4.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 525.4M | 549.7M | 577.5M |
| Avg | 509.2M | 523.7M | 561.0M |
| Low | 488.5M | 496.8M | 539.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.3% | 8.0% | 10.3% |
| Avg | 1.1% | 2.8% | 7.1% |
| Low | -3.1% | -2.4% | 2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.67 | 1.66 | 1.89 |
| Avg | 1.60 | 1.53 | 1.84 |
| Low | 1.51 | 1.31 | 1.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 153.9% | 3.5% | 23.5% |
| Avg | 143.8% | -4.6% | 20.0% |
| Low | 129.5% | -18.1% | 15.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.