Proto Labs (PRLB) Stock Forecast, Price Target & Predictions
PRLB Stock Forecast
Proto Labs stock forecast is as follows: an average price target of $38.50 (represents a -1.94% downside from PRLB’s last price of $39.26) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
PRLB Price Target
The average price target for Proto Labs (PRLB) is $38.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $44.00 to $34.00. This represents a potential -1.94% downside from PRLB's last price of $39.26.
PRLB Analyst Ratings
According to 3 Wall Street analysts, Proto Labs's rating consensus is 'Buy'. The analyst rating breakdown for PRLB stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Proto Labs Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 05, 2024 | Troy Jensen | Cantor Fitzgerald | $44.00 | $30.32 | 45.12% | 12.07% |
| May 06, 2024 | Greg Palm | Craig-Hallum | $34.00 | $31.02 | 9.59% | -13.40% |
| Feb 02, 2023 | - | Lake Street | $37.50 | $33.33 | 12.51% | -4.48% |
| Nov 29, 2022 | - | Lake Street | $29.00 | $25.48 | 13.81% | -26.13% |
| Nov 04, 2022 | Greg Palm | Craig-Hallum | $20.00 | $25.55 | -21.72% | -49.06% |
The latest Proto Labs stock forecast, released on Jun 05, 2024 by Troy Jensen from Cantor Fitzgerald, set a price target of $44.00, which represents a 45.12% increase from the stock price at the time of the forecast ($30.32), and a 12.07% increase from PRLB last price ($39.26).
Proto Labs Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $39.00 |
| Last Closing Price | $39.26 | $39.26 | $39.26 |
| Upside/Downside | -100.00% | -100.00% | -0.66% |
In the current month, the average price target of Proto Labs stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Proto Labs's last price of $39.26. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 30, 2024 | Cantor Fitzgerald | Underperform | Underperform | Hold |
| Jul 30, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Jun 05, 2024 | Cantor Fitzgerald | - | Overweight | Initialise |
| May 06, 2024 | Craig-Hallum | Hold | Hold | Hold |
| Aug 04, 2023 | Craig-Hallum | - | Hold | Upgrade |
| Feb 13, 2023 | Benchmark | - | Positive | Upgrade |
| Feb 02, 2023 | Lake Street | Buy | Buy | Hold |
| Nov 29, 2022 | Lake Street | - | Buy | Initialise |
Proto Labs's last stock rating was published by Cantor Fitzgerald on Jul 30, 2024. The company gave PRLB a "Underperform" rating, the same as its previous rate.
Proto Labs Financial Forecast
Proto Labs Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $125.05M | $130.71M | $122.27M | $125.86M | $115.61M | $121.72M | $126.90M | $124.17M | $123.58M | $125.34M | $123.05M | $116.13M | $105.21M | $107.50M | $106.58M | $115.11M | $111.89M | $117.45M |
| Avg Forecast | $137.90M | $139.30M | $137.70M | $135.00M | $128.67M | $131.64M | $127.26M | $124.51M | $120.16M | $121.38M | $126.25M | $125.53M | $122.81M | $123.08M | $123.88M | $119.40M | $110.83M | $126.05M | $127.92M | $122.89M | $118.72M | $128.13M | $122.36M | $113.91M | $103.16M | $105.66M | $100.46M | $102.36M | $112.15M | $119.42M |
| High Forecast | $138.49M | $139.90M | $138.29M | $135.58M | $129.23M | $132.21M | $127.80M | $125.04M | $120.67M | $121.38M | $126.25M | $126.06M | $123.34M | $124.11M | $124.41M | $119.91M | $111.30M | $126.05M | $127.92M | $122.89M | $118.72M | $128.13M | $122.36M | $113.91M | $103.16M | $105.66M | $100.46M | $102.36M | $112.15M | $119.42M |
| Low Forecast | $136.92M | $138.31M | $136.72M | $134.04M | $127.76M | $130.71M | $126.35M | $123.62M | $119.30M | $121.38M | $126.25M | $124.63M | $121.94M | $122.31M | $123.00M | $118.55M | $110.04M | $126.05M | $127.92M | $122.89M | $118.72M | $128.13M | $122.36M | $113.91M | $103.16M | $105.66M | $100.46M | $102.36M | $112.15M | $119.42M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.06% | 0.99% | 1.05% | 1.04% | 0.97% | 0.99% | 1.01% | 1.04% | 0.98% | 1.01% | 1.02% | 1.02% | 1.02% | 1.06% | 1.12% | 1.00% | 0.98% |
Proto Labs's average Quarter revenue forecast for Mar 24 based on 1 analysts is $125.53M, with a low forecast of $124.63M, and a high forecast of $126.06M. PRLB's average Quarter revenue forecast represents a 0.38% increase compared to the company's last Quarter revenue of $125.05M (Dec 23).
Proto Labs EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $8.39M | $10.41M | $5.61M | $13.27M | $119.95M | $18.15M | $25.63M | $18.42M | $23.19M | $17.17M | $26.31M | $14.01M | $20.25M | $26.43M | $23.02M | $25.84M | $27.54M | $29.18M |
| Avg Forecast | $29.44M | $29.74M | $29.39M | $28.82M | $27.47M | $28.10M | $27.16M | $26.58M | $25.65M | $25.91M | $26.95M | $19.67M | $26.22M | $26.27M | $26.44M | $15.55M | $17.54M | $26.91M | $27.31M | $12.29M | $25.34M | $27.35M | $26.12M | $14.01M | $22.02M | $22.55M | $21.44M | $11.22M | $23.94M | $25.49M |
| High Forecast | $29.56M | $29.86M | $29.52M | $28.94M | $27.59M | $28.22M | $27.28M | $26.69M | $25.76M | $25.91M | $26.95M | $23.60M | $26.33M | $26.49M | $26.56M | $18.66M | $21.04M | $26.91M | $27.31M | $14.75M | $25.34M | $27.35M | $26.12M | $16.81M | $22.02M | $22.55M | $21.44M | $13.46M | $23.94M | $25.49M |
| Low Forecast | $29.23M | $29.52M | $29.19M | $28.61M | $27.27M | $27.90M | $26.97M | $26.39M | $25.47M | $25.91M | $26.95M | $15.73M | $26.03M | $26.11M | $26.26M | $12.44M | $14.03M | $26.91M | $27.31M | $9.83M | $25.34M | $27.35M | $26.12M | $11.21M | $22.02M | $22.55M | $21.44M | $8.97M | $23.94M | $25.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.32% | 0.40% | 0.21% | 0.85% | 6.84% | 0.67% | 0.94% | 1.50% | 0.91% | 0.63% | 1.01% | 1.00% | 0.92% | 1.17% | 1.07% | 2.30% | 1.15% | 1.14% |
1 analysts predict PRLB's average Quarter EBITDA for Mar 24 to be $19.67M, with a high of $23.60M and a low of $15.73M. This is 134.29% upper than Proto Labs's previous annual EBITDA (Dec 23) of $8.39M.
Proto Labs Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $6.99M | $7.95M | $-383.00K | $2.66M | $-115.06M | $3.95M | $2.56M | $5.09M | $11.91M | $4.83M | $12.91M | $3.71M | $9.58M | $14.70M | $12.61M | $13.98M | $15.19M | $16.79M |
| Avg Forecast | $10.91M | $12.18M | $11.68M | $10.91M | $8.88M | $11.04M | $9.58M | $8.63M | $8.12M | $8.17M | $8.80M | $5.62M | $8.12M | $8.08M | $7.58M | $4.44M | $9.01M | $10.05M | $9.95M | $3.51M | $6.95M | $10.81M | $11.21M | $3.71M | $12.94M | $13.88M | $9.24M | $6.07M | $15.88M | $18.78M |
| High Forecast | $10.98M | $12.25M | $11.74M | $10.98M | $8.93M | $11.10M | $9.64M | $8.68M | $8.17M | $8.22M | $8.80M | $6.75M | $8.17M | $8.13M | $7.62M | $5.33M | $10.81M | $10.05M | $9.95M | $4.22M | $6.95M | $10.81M | $11.21M | $4.45M | $12.94M | $13.88M | $9.24M | $7.29M | $15.88M | $18.78M |
| Low Forecast | $10.81M | $12.07M | $11.57M | $10.81M | $8.80M | $10.94M | $9.49M | $8.55M | $8.05M | $8.10M | $8.79M | $4.50M | $8.05M | $7.81M | $7.51M | $3.56M | $7.21M | $10.05M | $9.95M | $2.81M | $6.95M | $10.81M | $11.21M | $2.97M | $12.94M | $13.88M | $9.24M | $4.86M | $15.88M | $18.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.86% | 0.98% | -0.05% | 0.60% | -12.78% | 0.39% | 0.26% | 1.45% | 1.71% | 0.45% | 1.15% | 1.00% | 0.74% | 1.06% | 1.37% | 2.30% | 0.96% | 0.89% |
Proto Labs's average Quarter net income forecast for Mar 24 is $5.62M, with a range of $4.50M to $6.75M. PRLB's average Quarter net income forecast represents a -19.56% decrease compared to the company's last Quarter net income of $6.99M (Dec 23).
Proto Labs SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $37.90M | $38.74M | $37.55M | $39.28M | $38.29M | $37.07M | $37.58M | $37.36M | $31.98M | $37.78M | $29.46M | $38.89M | $30.25M | $29.06M | $29.46M | $32.29M | $28.86M | $29.98M |
| Avg Forecast | $39.76M | $40.16M | $39.70M | $38.92M | $37.10M | $37.95M | $36.69M | $35.90M | $34.64M | $34.99M | $36.40M | $41.23M | $35.41M | $35.48M | $35.72M | $32.59M | $24.18M | $36.34M | $36.88M | $25.76M | $34.23M | $36.94M | $35.28M | $38.89M | $29.74M | $30.46M | $28.96M | $14.02M | $32.33M | $34.43M |
| High Forecast | $39.93M | $40.33M | $39.87M | $39.09M | $37.26M | $38.12M | $36.85M | $36.05M | $34.79M | $34.99M | $36.40M | $49.47M | $35.56M | $35.78M | $35.87M | $39.11M | $29.02M | $36.34M | $36.88M | $30.92M | $34.23M | $36.94M | $35.28M | $46.67M | $29.74M | $30.46M | $28.96M | $16.82M | $32.33M | $34.43M |
| Low Forecast | $39.47M | $39.87M | $39.42M | $38.64M | $36.83M | $37.68M | $36.43M | $35.64M | $34.40M | $34.99M | $36.40M | $32.98M | $35.15M | $35.26M | $35.46M | $26.07M | $19.35M | $36.34M | $36.88M | $20.61M | $34.23M | $36.94M | $35.28M | $31.11M | $29.74M | $30.46M | $28.96M | $11.22M | $32.33M | $34.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.09% | 1.05% | 1.21% | 1.58% | 1.02% | 1.02% | 1.45% | 0.93% | 1.02% | 0.84% | 1.00% | 1.02% | 0.95% | 1.02% | 2.30% | 0.89% | 0.87% |
Proto Labs's average Quarter SG&A projection for Mar 24 is $41.23M, based on 1 Wall Street analysts, with a range of $32.98M to $49.47M. The forecast indicates a 8.78% rise compared to PRLB last annual SG&A of $37.90M (Dec 23).
Proto Labs EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.27 | $0.31 | $-0.01 | $0.10 | $-4.24 | $0.14 | $0.09 | $0.19 | $0.43 | $0.17 | $0.47 | $0.14 | $0.36 | $0.55 | $0.47 | $0.52 | $0.57 | $0.63 |
| Avg Forecast | $0.43 | $0.48 | $0.46 | $0.43 | $0.35 | $0.43 | $0.38 | $0.34 | $0.32 | $0.32 | $0.35 | $0.32 | $0.32 | $0.32 | $0.30 | $0.23 | $0.22 | $0.40 | $0.39 | $0.28 | $0.27 | $0.43 | $0.44 | $0.42 | $0.51 | $0.55 | $0.36 | $0.38 | $0.63 | $0.74 |
| High Forecast | $0.43 | $0.48 | $0.46 | $0.43 | $0.35 | $0.44 | $0.38 | $0.34 | $0.32 | $0.32 | $0.35 | $0.32 | $0.32 | $0.32 | $0.30 | $0.23 | $0.23 | $0.40 | $0.39 | $0.28 | $0.27 | $0.43 | $0.44 | $0.42 | $0.51 | $0.55 | $0.36 | $0.38 | $0.63 | $0.74 |
| Low Forecast | $0.43 | $0.48 | $0.46 | $0.43 | $0.35 | $0.43 | $0.37 | $0.34 | $0.32 | $0.32 | $0.35 | $0.32 | $0.32 | $0.31 | $0.30 | $0.23 | $0.22 | $0.40 | $0.39 | $0.28 | $0.27 | $0.43 | $0.44 | $0.42 | $0.51 | $0.55 | $0.36 | $0.38 | $0.63 | $0.74 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.97% | -0.05% | 0.43% | -18.90% | 0.35% | 0.23% | 0.67% | 1.57% | 0.40% | 1.06% | 0.33% | 0.71% | 1.01% | 1.29% | 1.38% | 0.91% | 0.85% |
According to 1 Wall Street analysts, Proto Labs's projected average Quarter EPS for Mar 24 is $0.32, with a low estimate of $0.32 and a high estimate of $0.32. This represents a 20.13% increase compared to PRLB previous annual EPS of $0.27 (Dec 23).
Proto Labs Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| RYI | Ryerson | $24.93 | $36.50 | 46.41% | Hold |
| MEC | Mayville Engineering Company | $17.57 | $24.00 | 36.60% | Buy |
| WOR | Worthington Industries | $40.87 | $49.00 | 19.89% | Hold |
| ATI | ATI | $58.37 | $66.25 | 13.50% | Buy |
| PRLB | Proto Labs | $39.26 | $38.50 | -1.94% | Buy |
| NWPX | Northwest Pipe Company | $53.13 | $50.00 | -5.89% | - |
| ESAB | ESAB | $128.93 | $117.50 | -8.87% | Buy |
| CRS | Carpenter | $176.90 | $144.00 | -18.60% | Buy |