Can 3D Systems, Voxeljet, and ExOne Bounce Back?

Why did most 3-D printing companies have a rough past week?

Jan 27, 2014 at 12:01PM

It was a rough week for nearly all of the publicly traded names in 3-D printing.

3D Systems (NYSE:DDD), ExOne (NASDAQ:XONE), and voxeljet (NYSE:VJET) tumbled 12%, 12%, and 10%, respectively, on the week.

Even the always-volatile Organovo (NYSEMKT:ONVO) -- the 3-D bio-printing pioneer with the ambitious goal of bio-engineering a proxy for human tissue and eventually organs that could be used, at the very least, for drug testing -- took a huge 18% hit last week. 

Citron Research played a hand in the niche's slide. Citron's Andrew Left was talking down Organovo on CNBC's Fast Money on Tuesday. He drew attention to accusations of Japan's Kanagawa cold-calling investors to hype the stock. Organovo countered with a statement to CNBC refuting the claims, but the damage was done. 

Later in the week, Citron published another negative note on 3D Systems. It didn't help that 3D Systems had been the subject of a Credit Suisse downgrade to kick off the trading week. Citron's latest note argues that its shares can fall to $56 in the near term, but this isn't the first time that it has gone after 3D Systems. 

Citron issued a bearish report on 3D Systems last Valentine's Day. 

"When it comes to calling out a bubble stock, we are yet to be wrong," it noted early in the piece. Well, even after last week's slide, 3D Systems is kicking off this new trading week 83% higher. 

The big gains in 3-D printing stocks last year can't be ignored. ExOne and voxeljet went public in 2013, and the stocks closed well above their initial prices. 3D Systems and Organovo moved 161% and 326% higher, respectively, last year. All four of the stocks have moved sharply lower this month, but not to the point of eradicating most of last year's gains.

Now, I did mention that it was a rough week for nearly all of the 3-D printing names. Stratasys (NASDAQ:SSYS) was the lone holdout on the week. It rose modestly during a down week for the market. Naturally, it helped that as Credit Suisse was downgrading 3D Systems -- a move that sent smaller players ExOne and voxeljet lower -- that it also upgraded Stratasys. It was singled out as the more attractively valued 3-D printing play, and Credit Suisse even boosted its price target on Stratasys from $128 to $144.

The one thing that is certain is that all five of these stocks will continue to be volatile. Organovo will be feast or famine for investors until it proves the viability of its ambitious goals. It's a different scene for traditional 3-D printing. ExOne is expected to join voxeljet, 3D Systems, and Stratasys in profitability this year, but they all still trade at lofty income multiples. The premium is the result of the upside potential of 3-D printing in the years to come, but that faraway goal is going to create wild price swings along the way. It's been a bad week -- and a bad month -- for 3-D printing. These stocks won't be standing still in the weeks and months to come.

3-D printing isn't the only transformative industry these days
There are few things that Bill Gates fears. Cloud computing is one of them. It's a radical shift in technology that has early investors getting filthy rich, and we want you to join them. That's why we are highlighting three companies that could make investors like you rich. You've likely only heard of one of them, so be sure to click here to watch this shocking video presentation!

Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends and owns shares of 3D Systems, ExOne, and Stratasys. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

1 Key Step to Get Rich

Our mission at The Motley Fool is to help the world invest better. Whether that’s helping people overcome their fear of stocks all the way to offering clear and successful guidance on complicated-sounding options trades, we can help.

Feb 1, 2016 at 4:54PM

To be perfectly clear, this is not a get-rich action that my Foolish colleagues and I came up with. But we wouldn't argue with the approach.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich" rated The Motley Fool as the #1 place online to get smarter about investing.

"The Motley Fool aims to build a strong investment community, which it does by providing a variety of resources: the website, books, a newspaper column, a radio [show], and [newsletters]," wrote (the clearly insightful and talented) money reporter Kathleen Elkins. "This site has something for every type of investor, from basic lessons for beginners to investing commentary on mutual funds, stock sectors, and value for the more advanced."

Our mission at The Motley Fool is to help the world invest better, so it's nice to receive that kind of recognition. It lets us know we're doing our job.

Whether that's helping the entirely uninitiated overcome their fear of stocks all the way to offering clear and successful guidance on complicated-sounding options trades, we want to provide our readers with a boost to the next step on their journey to financial independence.

Articles and beyond

As Business Insider wrote, there are a number of resources available from the Fool for investors of all levels and styles.

In addition to the dozens of free articles we publish every day on our website, I want to highlight two must-see spots in your tour of

For the beginning investor

Investing can seem like a Big Deal to those who have yet to buy their first stock. Many investment professionals try to infuse the conversation with jargon in order to deter individual investors from tackling it on their own (and to justify their often sky-high fees).

But the individual investor can beat the market. The real secret to investing is that it doesn't take tons of money, endless hours, or super-secret formulas that only experts possess.

That's why we created a best-selling guide that walks investors-to-be through everything they need to know to get started. And because we're so dedicated to our mission, we've made that available for free.

If you're just starting out (or want to help out someone who is), go to, drop in your email address, and you'll be able to instantly access the quick-read guide ... for free.

For the listener

Whether it's on the stationary exercise bike or during my daily commute, I spend a lot of time going nowhere. But I've found a way to make that time benefit me.

The Motley Fool offers five podcasts that I refer to as "binge-worthy financial information."

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. It's also featured on several dozen radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable ... and I don't say that simply because the hosts all sit within a Nerf-gun shot of my desk. Rule Breaker Investing and Answers contain timeless advice, so you might want to go back to the beginning with those. The other three take their cues from the market, so you'll want to listen to the most recent first. All are available at

But wait, there's more

The book and the podcasts – both free ... both awesome – also come with an ongoing benefit. If you download the book, or if you enter your email address in the magical box at the podcasts page, you'll get ongoing market coverage sent straight to your inbox.

Investor Insights is valuable and enjoyable coverage of everything from macroeconomic events to investing strategies to our analyst's travels around the world to find the next big thing. Also free.

Get the book. Listen to a podcast. Sign up for Investor Insights. I'm not saying that any of those things will make you rich ... but Business Insider seems to think so.

Compare Brokers