Proto Labs, Inc. (PRLB)

Proto Labs Stock Forecast

Stock Price Forecast

The 3 analysts that cover Proto Labs stock have a consensus rating of "Hold" and an average price target of $43, which forecasts a 13.1% increase in the stock price over the next year. The lowest target is $36 and the highest is $50.

Price Target: $43 (+13.1%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$36	$43	$50	$50
Change	-5.31%	+13.10%	+31.51%	+31.51%

* Price targets were last updated on Feb 10, 2025.

Analyst Ratings

The average analyst rating for Proto Labs stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	1	1	1	1	1	0
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	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Troy Jensen Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $40 → $50	Buy	Maintains	$40 → $50	+31.51%	Feb 10, 2025
James Ricchiuti Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Feb 7, 2025
James Ricchiuti Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Jan 16, 2025
Greg Palm Craig-Hallum	Craig-Hallum	Hold Maintains $30 → $36	Hold	Maintains	$30 → $36	-5.31%	Nov 4, 2024
Troy Jensen Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $40	Buy	Reiterates	$40	+5.21%	Nov 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

521.82M

Increased by 4.18%

from 500.89M

Revenue Next Year

545.88M

Increased by 4.61%

from 521.82M

EPS This Year

1.40

Increased by 111.57%

from 0.66

EPS Next Year

1.60

Increased by 14.61%

from 1.40

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	434.40M	488.10M	488.40M	503.88M	500.89M	521.82M	545.88M
Revenue Growth	-5.30%	12.36%	0.06%	3.17%	-0.59%	4.18%	4.61%
EPS	1.89	1.21	-3.77	0.66	0.66	1.40	1.60
EPS Growth	-19.57%	-36.07%	-	-	0.37%	111.57%	14.61%
Forward PE	-	-	-	-	-	27.23	23.76
No. Analysts	-	-	-	-	-	7	6

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

Revenue Forecast

Revenue	2025	2026
High	541.3M	577.5M
Avg	521.8M	545.9M
Low	496.0M	515.6M

Revenue Growth

Revenue Growth	2025	2026
High	8.1%	10.7%
Avg	4.2%	4.6%
Low	-1.0%	-1.2%

EPS Forecast

EPS	2025	2026
High	1.52	1.70
Avg	1.40	1.60
Low	1.29	1.51

EPS Growth

EPS Growth	2025	2026
High	130.7%	21.8%
Avg	111.6%	14.6%
Low	96.0%	8.1%

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.