Proto Labs, Inc. (PRLB)

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 a decrease of -2.82% from the current stock price of 41.50.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$36	$40.33	$40	$45
Change	-13.25%	-2.82%	-3.61%	+8.43%

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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
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
Greg Palm Craig-Hallum	Craig-Hallum	Hold Maintains $30 → $36	Hold	Maintains	$30 → $36	-13.25%	Nov 4, 2024
Troy Jensen Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $40	Buy	Reiterates	$40	-3.61%	Nov 4, 2024
James Ricchiuti Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Nov 1, 2024
James Ricchiuti Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Aug 5, 2024
Troy Jensen Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $44	Buy	Reiterates	$44	+6.02%	Jul 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

508.30M

Increased by 0.88%

from 503.88M

Revenue Next Year

523.71M

Increased by 3.03%

from 508.30M

EPS This Year

1.57

Increased by 138.87%

from 0.66

EPS Next Year

1.50

Decreased by -4.55%

from 1.57

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	458.73M	434.40M	488.10M	488.40M	503.88M	508.30M	523.71M
Revenue Growth	2.95%	-5.30%	12.36%	0.06%	3.17%	0.88%	3.03%
EPS	2.35	1.89	1.21	-3.77	0.66	1.57	1.50
EPS Growth	-16.37%	-19.57%	-36.07%	-	-	138.87%	-4.55%
Forward PE	-	-	-	-	-	26.42	27.68
No. Analysts	-	-	-	-	-	7	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	525.4M	549.7M
Avg	508.3M	523.7M
Low	484.1M	496.8M

Revenue Growth

Revenue Growth	2024	2025
High	4.3%	8.1%
Avg	0.9%	3.0%
Low	-3.9%	-2.3%

EPS Forecast

EPS	2024	2025
High	1.67	1.66
Avg	1.57	1.50
Low	1.35	1.31

EPS Growth

EPS Growth	2024	2025
High	153.9%	5.6%
Avg	138.9%	-4.5%
Low	105.7%	-16.4%

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.