3D Systems Corporation, Stratasys, Ltd.: Here’s Why 3D Printer Stocks Are up Today

During the early trading hours today, 3D Systems Corporation (NYSE:DDD) shares rose as high as 2.29%, while Stratasys, Ltd. (NASDAQ:SSYS) shares gained over 3%. Stocks of 3D-printing companies are quite active today, as HP Inc. commenced taking orders for Jet Fusion 3D printer—its first one after the spin-off.

HP Inc. (NYSE:HPQ) stated that the new printer prints 10 times faster than the existing machines in the market, and is capable to lower the manufacturing parts cost by half. It announced two models, the low-cost and low-production 3200 series, along with the 4200 series, at the RAPID conference. Currently, it has started to take orders for the 4200 series, which will commence shipping in this October, whereas the other series will be available in mid-2017.

The 3D printer manufacturer also claimed that its printer may enable companies to begin mass parts production, as opposed to its competitors, which allow rapid prototyping only. It added that it may not be used to make millions or billions of parts, but may instead begin with hundreds to tens of thousands.

Moreover, the company plans to price one of the printers at $130,000, against other typical 3D printers, which range from several hundred to thousands of dollars. HP intends to keep the price in the $100,000-850,000 range.

As for the printers' speed, HP Inc. asserted that it can create 12,600 copies of a typical plastic gear in the time that competitive devices would take make 1,000. This exceeds the company's own statement of 10x faster speed.

The new printer will revolutionize the 3D-printing space, as it enables users to use conductive materials printed at the voxel level. Similar to a pixel in a display, a voxel in 3D printing is a tiny cube, which combines together to make a larger object, and a single voxel size is 50 microns.

HP Inc. 3D printing marketing director Alex Monino commented: "So parts are fused together at a very small level—almost at the molecular level, and that helps give them a spectacular strength. […] Imagine the possibilities of this in world of the Internet of Things (IoT), where not only every product is connected, but every part in every product connected."

DDD stock has gained over 50% year-to-date (YTD), whereas SSYS stock has lost more than 10% of its value in the same time period. At present, DDD shares are trading up 3.87% at $13.16, while SSYS shares are up 4.38% at $21.57, as of 11:13 AM EDT.


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