Stratasys (SSYS) Stock Analysis & Winston Score

Stratasys makes 3D printers and the materials those printers use to create physical objects layer by layer. Its customers include aerospace companies, car manufacturers, hospitals, and product designers who use the printers to build prototypes and finished parts. Stratasys is one of the oldest and largest dedicated 3D printing companies in the world, known for its FDM and PolyJet printing technologies. The company earns money by selling printers, selling the plastic and resin materials those printers consume, and charging for software and service contracts. Stratasys operates globally, with significant revenue from North America, Europe, and Asia, and generates roughly $600 million in annual revenue. Its installed base of machines creates a recurring stream of materials and service revenue, but the company has struggled to turn a profit, and its main challenge is growing demand fast enough to cover its costs while competing against lower-priced rivals from Asia.