Proto Labs Q4 revenue beats estimates on improved customer engagement

Overview

• Digital manufacturing firm's Q4 revenue rose 12.1% yr/yr, beating analyst expectations

• Adjusted net income for Q4 beat analyst expectations

• Company highlights strategic pillars for 2026 focusing on growth and efficiency

Outlook

• Proto Labs expects fiscal year 2026 revenue growth between 6% and 8%

• Company forecasts Q1 2026 revenue between $130 mln and $138 mln

• Proto Labs anticipates Q1 2026 diluted EPS between $0.17 and $0.25

Result Drivers

• CNC MACHINING GROWTH - CNC Machining revenue grew 25% yr/yr, contributing significantly to record quarterly revenue

• REVENUE PER CUSTOMER - Revenue per customer contact increased 23.2% yr/yr, indicating improved customer engagement

• OPERATIONAL EFFICIENCY - Strategic focus on operational efficiency supported revenue growth and profitability

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

• Wall Street's median 12-month price target for Proto Labs Inc is $55.00, about 4.8% above its February 5 closing price of $52.48

• The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 30 three months ago

Press Release: ID:nBw3D07lXa

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