Analysts Set Proto Labs, Inc. (NYSE:PRLB) Target Price at $53.33

Proto Labs, Inc. (NYSE:PRLB) has earned an average rating of “Buy” from the five ratings firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $53.3333.

PRLB has been the subject of several analyst reports. Zacks Research raised shares of Proto Labs from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Weiss Ratings raised Proto Labs from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th.

Insider Transactions at Proto Labs

In other Proto Labs news, insider Michael R. Kenison sold 16,030 shares of Proto Labs stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $69.49, for a total value of $1,113,924.70. Following the sale, the insider owned 18,683 shares of the company’s stock, valued at $1,298,281.67. The trade was a 46.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 23,663 shares of company stock valued at $1,650,167. Insiders own 1.30% of the company’s stock.

Institutional Trading of Proto Labs

A number of large investors have recently added to or reduced their stakes in the company. Group One Trading LLC purchased a new position in Proto Labs during the fourth quarter worth $25,000. NewEdge Advisors LLC raised its position in Proto Labs by 7,380.0% in the 1st quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 738 shares during the period. NBC Securities Inc. bought a new stake in shares of Proto Labs during the 4th quarter worth approximately $46,000. Modus Advisors LLC bought a new stake in shares of Proto Labs during the fourth quarter worth $57,000. Finally, Aquatic Capital Management LLC bought a new position in shares of Proto Labs in the third quarter worth about $64,000. Institutional investors own 84.54% of the company’s stock.

Proto Labs Stock Performance

PRLB stock opened at $74.75 on Friday. Proto Labs has a fifty-two week low of $36.15 and a fifty-two week high of $75.57. The business’s 50-day moving average is $64.31 and its two-hundred day moving average is $58.34. The company has a market cap of $1.78 billion, a price-to-earnings ratio of 70.52 and a beta of 1.36.

Proto Labs (NYSE:PRLB) last posted its earnings results on Friday, May 1st. The industrial products company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.14. Proto Labs had a return on equity of 4.15% and a net margin of 4.71%.The company had revenue of $139.34 million for the quarter, compared to the consensus estimate of $135.31 million. During the same quarter in the prior year, the company earned $0.33 earnings per share. Proto Labs’s revenue was up 10.4% on a year-over-year basis. Proto Labs has set its Q2 2026 guidance at 0.500-0.580 EPS. Equities analysts predict that Proto Labs will post 1.37 earnings per share for the current year.

Proto Labs Company Profile

Proto Labs, Inc is a digital manufacturing company that offers on-demand production services for custom parts and prototypes. Utilizing technologies such as 3D printing (additive manufacturing), CNC machining and injection molding, the company transforms digital CAD designs into functional parts on accelerated timelines. Its platform-driven process combines automated quoting, rapid tool generation and manufacturing execution to serve product developers, engineers and small- to medium-sized production runs.

Founded in 1999 by Larry Lukis, Proto Labs has championed the application of digital workflows to traditional manufacturing methods.