Proto Labs, Inc. (NYSE:PRLB) Receives $65.33 Average Price Target from Analysts

Shares of Proto Labs, Inc. (NYSE:PRLB) have been assigned a consensus rating of “Moderate Buy” from the five ratings firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $65.3333.

PRLB has been the topic of a number of recent analyst reports. Zacks Research cut shares of Proto Labs from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 3rd. Benchmark upped their target price on Proto Labs from $70.00 to $91.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Wall Street Zen upgraded Proto Labs from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 4th. Finally, Weiss Ratings downgraded Proto Labs from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, June 29th.

Proto Labs Stock Up 3.1%

Shares of Proto Labs stock opened at $77.00 on Friday. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 72.64 and a beta of 1.38. Proto Labs has a 12-month low of $38.48 and a 12-month high of $83.15. The firm’s 50-day moving average price is $75.36 and its two-hundred day moving average price is $64.57.

Proto Labs (NYSE:PRLB) last issued its earnings results on Friday, May 1st. The industrial products company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.40 by $0.14. The company had revenue of $139.34 million during the quarter, compared to analysts’ expectations of $135.31 million. Proto Labs had a net margin of 4.71% and a return on equity of 4.15%. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.33 EPS. Proto Labs has set its Q2 2026 guidance at 0.500-0.580 EPS. On average, sell-side analysts expect that Proto Labs will post 1.37 earnings per share for the current year.

Insider Transactions at Proto Labs

In other Proto Labs news, insider Michael R. Kenison sold 16,030 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $69.49, for a total transaction of $1,113,924.70. Following the sale, the insider owned 18,683 shares of the company’s stock, valued at approximately $1,298,281.67. The trade was a 46.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sven Wehrwein sold 2,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $77.28, for a total transaction of $154,560.00. Following the transaction, the director owned 32,505 shares of the company’s stock, valued at $2,511,986.40. This trade represents a 5.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 25,663 shares of company stock valued at $1,804,727 in the last three months. Company insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Proto Labs

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Group One Trading LLC bought a new stake in Proto Labs during the 4th quarter worth approximately $25,000. NewEdge Advisors LLC grew its stake in shares of Proto Labs by 7,380.0% in the first quarter. NewEdge Advisors LLC now owns 748 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 738 shares during the last quarter. NBC Securities Inc. acquired a new stake in Proto Labs in the fourth quarter valued at $46,000. Modus Advisors LLC acquired a new stake in Proto Labs in the fourth quarter valued at $57,000. Finally, Aquatic Capital Management LLC bought a new position in Proto Labs during the 3rd quarter worth $64,000. Institutional investors and hedge funds own 84.54% of the company’s stock.

About Proto Labs

Proto Labs, Inc is a digital manufacturing company that offers on-demand production services for custom parts and prototypes. Utilizing technologies such as 3D printing (additive manufacturing), CNC machining and injection molding, the company transforms digital CAD designs into functional parts on accelerated timelines. Its platform-driven process combines automated quoting, rapid tool generation and manufacturing execution to serve product developers, engineers and small- to medium-sized production runs.

Founded in 1999 by Larry Lukis, Proto Labs has championed the application of digital workflows to traditional manufacturing methods.