3D Systems Corporation ( DDD ) shares are trading higher Tuesday after the company received a multi-year purchase agreement with an estimated value of around $250 million through 2028. 

The Details

3D Systems ( DDD ) announced the signing of a multi-year purchase agreement, with a value estimated to approach a quarter-billion dollars, in support of the indirect manufacturing process for clear aligners. 

The company also announced its expanded focus and technology roadmap tailored to deliver a range of solutions for a growing digital dentistry market. The portfolio will include solutions for alignment, protection, repair and replacement of teeth. 

3D Systems ( DDD ) targeted the commercial launch of direct printing technology for clear aligners targeted for late 2025. 

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DDD Stock Prediction 2024

Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.

Shares of 3D Systems ( DDD ) have an average 1-year price target of $8.25, representing an expected upside of 138.44%.

Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. No analysts have bearish recommendations on 3D Systems ( DDD ), while one analyst has a bullish rating: Cantor Fitzgerald has the shares as Overweight and a price target of $8.25.

DDD Price Action: According to Benzinga Pro, 3D Systems ( DDD ) shares are up 17.05% after-hours at $4.05 at the time of publication Tuesday.

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