Proto Labs (NYSE:PRLB) Stock Price Expected to Rise, Benchmark Analyst Says

Proto Labs (NYSE:PRLB) had its target price boosted by research analysts at Benchmark from $45.00 to $55.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a “buy” rating on the industrial products company’s stock. Benchmark’s price objective suggests a potential upside of 10.69% from the stock’s previous close.

Several other research analysts have also recently weighed in on PRLB. Wall Street Zen upgraded shares of Proto Labs from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. Craig Hallum upgraded shares of Proto Labs from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a report on Friday, August 1st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Proto Labs in a research note on Wednesday, October 8th. Finally, Cantor Fitzgerald boosted their target price on shares of Proto Labs from $50.00 to $51.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $53.33.

Proto Labs Stock Performance

Proto Labs stock opened at $49.69 on Monday. Proto Labs has a fifty-two week low of $27.18 and a fifty-two week high of $55.90. The stock has a market cap of $1.19 billion, a PE ratio of 82.82 and a beta of 1.24. The firm’s 50-day simple moving average is $50.88 and its 200 day simple moving average is $43.88.

Proto Labs (NYSE:PRLB) last released its quarterly earnings results on Friday, October 31st. The industrial products company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.08. Proto Labs had a net margin of 2.91% and a return on equity of 2.22%. The business had revenue of $135.37 million for the quarter, compared to analysts’ expectations of $133.83 million. During the same period in the previous year, the company earned $0.47 earnings per share. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. Proto Labs has set its Q4 2025 guidance at 0.300-0.380 EPS. As a group, analysts predict that Proto Labs will post 0.81 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rubric Capital Management LP raised its stake in shares of Proto Labs by 791.9% during the 2nd quarter. Rubric Capital Management LP now owns 1,034,171 shares of the industrial products company’s stock valued at $41,408,000 after purchasing an additional 918,219 shares during the period. Wellington Management Group LLP increased its holdings in Proto Labs by 97.4% during the 1st quarter. Wellington Management Group LLP now owns 711,738 shares of the industrial products company’s stock worth $24,939,000 after acquiring an additional 351,097 shares during the period. Pacer Advisors Inc. increased its holdings in Proto Labs by 9,033.1% during the 1st quarter. Pacer Advisors Inc. now owns 148,595 shares of the industrial products company’s stock worth $5,207,000 after acquiring an additional 146,968 shares during the period. Nuveen LLC bought a new stake in Proto Labs during the 1st quarter worth approximately $2,458,000. Finally, Disciplined Growth Investors Inc. MN increased its holdings in Proto Labs by 1.9% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 2,722,011 shares of the industrial products company’s stock worth $108,989,000 after acquiring an additional 51,293 shares during the period. 84.54% of the stock is currently owned by hedge funds and other institutional investors.

Proto Labs Company Profile

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.