voxeljet AG Stock Price, News & Analysis

The 3D printing market is projected to grow from USD 15.0 billion in 2023 to USD 34.5 billion by 2028, achieving a CAGR of 18.1%. Key factors driving this growth include the decrease in manufacturing costs, advancements in industrial-grade materials, and increased government investments. The market challenges include a decline in sales of 3D printing devices due to recession impacts. Opportunities arise from emerging applications in sectors like automotive and healthcare. Notable players in this space include Voxeljet (VJET) and Nano Dimension (NNDM), underscoring the competitive landscape and innovation in 3D printing technologies.

voxeljet AG (NASDAQ: VJET) reported its consolidated financial results for Q4 and full-year 2022. Q4 revenues fell by 1.1% to kEUR 10,766, with Systems revenues down 4.4% to kEUR 8,096, while Services revenues grew 10.6% to kEUR 2,670. The gross profit margin decreased significantly to 26.5% from 32.7%. For FY 2022, total revenues increased 12.1% to kEUR 27,832, yet a net loss was reported at kEUR 11,409, or EUR 1.53 per share. Looking ahead, Q1 2023 revenue is projected between kEUR 5,750 and kEUR 6,000, with full-year guidance set at kEUR 27,500 to kEUR 32,500.

The global 3D printing market in the education sector is projected to grow by USD 720.31 million from 2021 to 2026, with a CAGR of 11.68%.

Key drivers include the hands-on learning benefits of 3D printing and the integration of technology in curricula. Notably, North America is expected to account for 39% of market growth, with the U.S. and Canada leading. The market comprises higher education and preK12 sectors, highlighting significant opportunities in enhancing student creativity.

However, an emerging challenge is the growing preference for 3D printing rental services, which allow institutions to utilize advanced printers without capital investment.

voxeljet AG (NASDAQ: VJET) announced it will release its financial results for the fourth quarter and full year 2022 after market close on March 30, 2023. A conference call to discuss these results will be held on March 31, 2023, at 8:30 a.m. ET, featuring CEO Dr. Ingo Ederer and CFO Rudolf Franz. Interested parties can join the live audio broadcast by dialing the provided numbers and are encouraged to register early. A webcast will also be accessible on the company's investor relations website. This event will provide insights into the company’s performance and future outlook.

The report titled "3D Printing Market by Printer Type, Materials, Software, Applications, Services and Solutions in Industry Verticals 2023 - 2028" highlights significant growth in the 3D printing sector, particularly beyond traditional manufacturing and into areas like medical devices. Key findings indicate a surge in production-as-a-service and innovative materials, alongside increased desktop 3D printer usage. The MEA region is noted as the fastest-growing market, while companies like Relativity and Aectual are pioneering advancements in aerospace and construction applications. The report forecasts mainstream adoption of 3D printing in healthcare by 2024.

voxeljet AG (NASDAQ: VJET) announces the expansion of its collaboration with Tooling & Equipment International (TEI), which has purchased a third VX4000 3D sand printer. This printer will enhance TEI's capacity to produce structural components for General Motors' Cadillac CELESTIQ, allowing for production of up to 2.5 million liters of additive sand per year. The VX4000 can produce hundreds of inner sand cores overnight, significantly reducing delivery times and enabling the creation of lightweight parts with optimized designs. This advancement positions both companies at the forefront of 3D printing technology in the automotive industry.