Materialise 3D printing is not just a trend but a transformative force
The world of 3D printing is evolving rapidly, introducing groundbreaking innovations and expanding its applications across diverse industries. The impact of 3D printing extends far beyond prototyping. It is now being embraced across multiple industries, enabling new manufacturing methods, reducing waste, and providing better, more customized products. As we look to the near future, 3D printing is poised to play a major role in the future of e.g. manufacturing; automotive & aerospace; and healthcare.
We like Materialise as they incorporate more than three decades of 3D printing experience into a range of software solutions and 3D printing services that empower sustainable 3D printing applications. Materialise's open, secure, and flexible end-to-end solutions enable industrial manufacturing and mass personalization in various industries — including healthcare, automotive, aerospace, eyewear, art and design, wearables, and consumer goods.
Although we think the long term potential for Materialise is intact (we increase our Target Price from $9.5 to $10, in line with our DCF) we lower our rating from Buy to Accumulate as, after the recent performance, the upside lowered from 35% at this year' start to 19% now.