Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
Not used by alerts or posts.
Valued as a loss-making company: Sales comps and Net cash floor.
ACCE opinionNano Dimension Ltd. American Depositary Shares (NNDM)
Fair value
Not available
ACCE price target
$1.09
Rating
Not rated
Horizon
12 months
ACCE price target published on 15 Oct 2026, 00:00 CEST.
Price used: $1.35 at the close on 23 Oct 2026, 22:00 CEST.
Models: Net cash floor and Sales comps.
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
32
out of 100
1-year return
-21.1%
Dividend yield
0.00%
Nano Dimension Ltd. American Depositary Shares in four questions
Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
Overview
ACCE thesis
Nano Dimension makes additive manufacturing systems, the Fortus and Essentium printers for prototyping and end-use parts, along with the DragonFly electronics printer, and it has recently acquired Desktop Metal and Markforged to build a larger industrial 3D printing platform. The bull case rests on a consolidated installed base and recurring consumables revenue in a category where customers buy printers and then keep buying materials and service. Revenue grew 12.1% and gross margin sits at 38.8%, but the operating margin of -47.7% shows the cost base has not caught up with the enlarged business, and the 34/100 score reflects that. The stock needs a deeper look on integration progress: whether the combined company can cut operating expenses toward breakeven while holding its gross margin, since that gap is the whole investment question. Earnings are negative, so the P/E ratios of 0.0 carry no information and valuation has to be built from the sales and margin path instead.
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
high
Heavy operating cash burn
Free cash flow is $-103.2M against a $598M market cap, with operating margin at -47.7% and net margin at -135.2%. Losses are not converting to cash, so the balance sheet will need watching.
high
Price above ACCE target
The stock trades 23.9% above the ACCE price target of $1.09, with the current price at $1.35. The gap is wide enough to affect position sizing.
moderate
Score down sharply in 90 days
The ACCE score fell 9 points over 90 days, from 41 to 32. Margin sub-score is weakest at 17, and earnings growth is flat at 0.0%.
AI research notes
AI-assisted·How I use AIWritten Oct 21, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
Revenue grew 12.1% year over year in the latest 10-Q, showing the top line is still expanding.
Debt is minimal, with a debt to equity ratio of 0.02, so lenders are not a pressing concern.
Analysts' mean price target of $10.00 implies a gap of +614.3% over the current $1.35 share price.
Why it could disappoint
Net margin of -135.2% means the company loses more than a dollar for every dollar of revenue it brings in.
Free cash flow over the last twelve months was -$103M, so the business is consuming cash rather than generating it.
The share price of $1.35 sits 23.9% above the ACCE price target of $1.09, leaving little room for error.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Nov 18, 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
Plain-English pros, cons, and what to watch. Pro feature.
PRO
Ask ACCE
Valuation
INVESTOR
Where NNDM's valuation models land
Price
$1.35
Model fair valueConfidence: low
about $1.34
Model
Fair value
Upside
Net cash floor
Sales comps
Create a free account: 5 full stock pages a month, no card.
See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.
Quality
INVESTOR
Quality and conviction INVESTOR FEATURE
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
+A plain reason under every score
+Conviction breakdown and growth / value / quality / momentum scores
+Score history: how each score moved over time
Analysts
Wall Street consensus
No analyst coverage yet.
Analyst intelligence INVESTOR FEATURE
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
+Price-target low / average / high vs the current price, with implied upside
+Forward revenue and EPS consensus by fiscal year
+ACCE fair-value models lined up against the Street
Smart Money
PRO
In one line
Trades are only made public after a delay. We show the delay so you know how old the news is.