Only one of our models could value this stock with confidence, so use it as a guide.
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Valued as a cyclical company: EV/EBITDA comparison, Discounted cash flow, and Graham number.
ACCE opinion3D Systems Corporation Common Stock (DDD)
Fair value (2 models)
Not available
ACCE price target
$2.73
Rating
Not rated
Horizon
12 months
ACCE price target published on 15 Oct 2026, 00:00 CEST.
Price used: $3.04 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, EV/EBITDA comparison, and Graham number.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
39
out of 100
Analysts
50% buy
4 covering
P/E
0.0x
forward 22.5x
1-year return
-1.3%
Dividend yield
0.00%
3D Systems Corporation Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
3D Systems sells industrial and dental 3D printers, the materials and software that run them, and printed parts and services for aerospace, medical and automotive customers, with dental aligner and surgical guide production a notable part of the medical mix. The structural argument is that its installed base and materials revenue are sticky, and that the dental and medical end markets are less cyclical than general prototyping. Revenue is roughly flat (down 0.3%), operating margin is still negative at -11.3% against a 33.8% gross margin, and ROE is -21.3%, so the business has not yet converted its gross margin into profit. The forward P/E of 22.5 implies the market expects earnings to recover, which makes the next few quarters of cost reduction and margin progression the test to watch. At a 492M market cap with a score of 43/100 and no index membership, this is a turnaround candidate that needs evidence of operating leverage before it merits a deeper look.
⚠ Investor warnings · 4 flagsAI-assisted·How I use AI
severe
Cash burn exceeds market cap
Free cash flow was -$97.8M against a $459M market cap, with operating margin at -11.3% and net margin at -14.1%. The business is consuming cash faster than it earns it.
high
Revenue shrinking over five years
Revenue has compounded at -7.0% over five years and is down 0.3% year on year. Gross margin of 33.8% does not offset the lack of top-line growth.
high
Heavy short interest
Short interest stands at 27.3% of the float. That is a large bet against the shares, and it can amplify volatility in either direction.
moderate
Score fell sharply in 90 days
The ACCE score dropped 13 points, from 52 to 39, over the last 90 days. Quality (35) and valuation (45) are the weakest components.
AI research notes
AI-assisted·How I use AIWritten Oct 19, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
Analysts are fairly constructive, with half of those covering the stock rating it Buy or Strong Buy.
The most recent quarter beat expectations, with earnings per share of -0.06 against -0.12 expected.
The share count fell 4.7% last fiscal year, so each remaining share holds a slightly larger claim on the business.
Why it could disappoint
Free cash flow over the last twelve months was negative $98M, meaning the business is consuming cash rather than generating it.
Revenue has shrunk on average by 7.0% a year over five years, and the latest year-over-year change was -0.3%.
The net margin of -14.1% and return on equity of -21.3% show the company is still losing money on the capital invested in it.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Nov 3, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
Walk me through this stock
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Valuation
INVESTOR
Where DDD's valuation models land
Price
$3.04
Model fair valueConfidence: medium
$2.85
Model
Fair value
Upside
Discounted cash flow
EV/EBITDA comparison
Graham number
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Quality
INVESTOR
Quality and conviction INVESTOR FEATURE
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
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+Conviction breakdown and growth / value / quality / momentum scores