Proto Labs (PRLB)
Market Price (11/9/2026): $65.56 | Market Cap: $1.6 BilSector: Industrials | Industry: Industrial Machinery & Supplies & Components
Proto Labs (PRLB)
Market Price (11/9/2026): $65.56Market Cap: $1.6 BilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12% Megatrend and thematic driversMegatrends include Automation & Robotics, and E-commerce & DTC Adoption. Themes include Industrial Robotics, Factory Automation, Show more. | Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 34x Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.3% Key risksPRLB key risks include [1] the disruption of its high-margin injection molding business by 3D printing, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12% |
| Megatrend and thematic driversMegatrends include Automation & Robotics, and E-commerce & DTC Adoption. Themes include Industrial Robotics, Factory Automation, Show more. |
| Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 34x |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.3% |
| Key risksPRLB key risks include [1] the disruption of its high-margin injection molding business by 3D printing, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Proto Labs (PRLB) stock has lost about 10% since 7/31/2026 because of the following key factors:
1. Softer Fiscal Q4 2026 Profit Guidance: Despite reporting record revenue and beating analyst expectations for fiscal Q3 2026, Proto Labs' shares declined due to investor concern over a softer profit outlook for fiscal Q4 2026. The company guided for non-GAAP diluted earnings per share (EPS) between $0.46 and $0.54 for fiscal Q4 2026, which implies a sequential decrease from the $0.63 non-GAAP diluted EPS reported in fiscal Q3 2026.
2. Gross Margin Compression: Proto Labs experienced a decline in its gross margin during fiscal Q3 2026, which fell to 44.5%. This represented a 140-basis point decrease year-over-year and a 230-basis point sequential drop. Management attributed this compression primarily to higher raw material costs, machine upgrades, and targeted investments in labor support.
Show more
Proto Labs (PRLB) stock has lost about 10% since 7/31/2026 because of the following key factors:
1. Softer Fiscal Q4 2026 Profit Guidance: Despite reporting record revenue and beating analyst expectations for fiscal Q3 2026, Proto Labs' shares declined due to investor concern over a softer profit outlook for fiscal Q4 2026. The company guided for non-GAAP diluted earnings per share (EPS) between $0.46 and $0.54 for fiscal Q4 2026, which implies a sequential decrease from the $0.63 non-GAAP diluted EPS reported in fiscal Q3 2026.
2. Gross Margin Compression: Proto Labs experienced a decline in its gross margin during fiscal Q3 2026, which fell to 44.5%. This represented a 140-basis point decrease year-over-year and a 230-basis point sequential drop. Management attributed this compression primarily to higher raw material costs, machine upgrades, and targeted investments in labor support.
3. Lack of Specific Long-Term Forward Outlook: A contributing factor to the stock's post-earnings decline was the perceived absence of a clear long-term growth trajectory beyond the immediate next quarter. Although Proto Labs raised its full-year 2026 revenue growth guidance from an initial range of 8%-10% to 10%-11%, the lack of specific forward outlook on how the company's recent momentum would be sustained beyond fiscal Q4 2026 may have disappointed investors.
Show less
Stock Movement Drivers
Fundamental Drivers
The -12.5% change in PRLB stock from 7/31/2026 to 11/8/2026 was primarily driven by a -23.7% change in the company's P/E Multiple.| (LTM values as of) | 7312026 | 11082026 | Change |
|---|---|---|---|
| Stock Price ($) | 75.05 | 65.69 | -12.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 561 | 579 | 3.4% |
| Net Income Margin (%) | 5.4% | 6.0% | 11.2% |
| P/E Multiple | 59.0 | 45.1 | -23.7% |
| Shares Outstanding (Mil) | 24 | 24 | -0.2% |
| Cumulative Contribution | -12.5% |
Market Drivers
7/31/2026 to 11/8/2026| Return | Correlation | |
|---|---|---|
| PRLB | -12.5% | |
| Market (SPY) | -1.6% | 54.0% |
| Sector (XLI) | -9.5% | 47.3% |
Fundamental Drivers
The 1.4% change in PRLB stock from 4/30/2026 to 11/8/2026 was primarily driven by a 51.7% change in the company's Net Income Margin (%).| (LTM values as of) | 4302026 | 11082026 | Change |
|---|---|---|---|
| Stock Price ($) | 64.81 | 65.69 | 1.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 533 | 579 | 8.7% |
| Net Income Margin (%) | 4.0% | 6.0% | 51.7% |
| P/E Multiple | 72.5 | 45.1 | -37.9% |
| Shares Outstanding (Mil) | 24 | 24 | -1.1% |
| Cumulative Contribution | 1.4% |
Market Drivers
4/30/2026 to 11/8/2026| Return | Correlation | |
|---|---|---|
| PRLB | 1.4% | |
| Market (SPY) | 2.6% | 54.9% |
| Sector (XLI) | -6.6% | 49.1% |
Fundamental Drivers
The 32.0% change in PRLB stock from 10/31/2025 to 11/8/2026 was primarily driven by a 111.2% change in the company's Net Income Margin (%).| (LTM values as of) | 10312025 | 11082026 | Change |
|---|---|---|---|
| Stock Price ($) | 49.76 | 65.69 | 32.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 518 | 579 | 11.8% |
| Net Income Margin (%) | 2.9% | 6.0% | 111.2% |
| P/E Multiple | 80.1 | 45.1 | -43.8% |
| Shares Outstanding (Mil) | 24 | 24 | -0.6% |
| Cumulative Contribution | 32.0% |
Market Drivers
10/31/2025 to 11/8/2026| Return | Correlation | |
|---|---|---|
| PRLB | 32.0% | |
| Market (SPY) | 8.7% | 55.0% |
| Sector (XLI) | 5.8% | 54.1% |
Fundamental Drivers
The 178.2% change in PRLB stock from 10/31/2023 to 11/8/2026 was primarily driven by a 113.6% change in the company's P/S Multiple.| (LTM values as of) | 10312023 | 11082026 | Change |
|---|---|---|---|
| Stock Price ($) | 23.61 | 65.69 | 178.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 485 | 579 | 19.4% |
| P/S Multiple | 1.3 | 2.7 | 113.6% |
| Shares Outstanding (Mil) | 26 | 24 | 9.1% |
| Cumulative Contribution | 178.2% |
Market Drivers
10/31/2023 to 11/8/2026| Return | Correlation | |
|---|---|---|
| PRLB | 178.2% | |
| Market (SPY) | 81.9% | 47.7% |
| Sector (XLI) | 72.0% | 50.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PRLB Return | -67% | -50% | 53% | 0% | 29% | 30% | -57% |
| Peers Return | 27% | -51% | 6% | -22% | -3% | 22% | -40% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 105% |
Monthly Win Rates [3] | |||||||
| PRLB Win Rate | 25% | 33% | 58% | 33% | 67% | 64% | |
| Peers Win Rate | 38% | 39% | 47% | 42% | 44% | 45% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 45% | |
Max Drawdowns [4] | |||||||
| PRLB Max Drawdown | -81% | -63% | -35% | -31% | -31% | -36% | |
| Peers Max Drawdown | -67% | -60% | -64% | -65% | -54% | -51% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: XMTR, SSYS, DDD. See PRLB Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/6/2026 (YTD)
How Low Can It Go
| Event | PRLB | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -27.8% | -18.8% |
| % Gain to Breakeven | 38.5% | 23.1% |
| Time to Breakeven | 114 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -30.3% | -9.5% |
| % Gain to Breakeven | 43.5% | 10.5% |
| Time to Breakeven | 11 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -18.1% | -6.7% |
| % Gain to Breakeven | 22.1% | 7.1% |
| Time to Breakeven | 34 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -34.6% | -24.5% |
| % Gain to Breakeven | 53.0% | 32.4% |
| Time to Breakeven | 1114 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -34.8% | -33.7% |
| % Gain to Breakeven | 53.3% | 50.9% |
| Time to Breakeven | 41 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -33.7% | -19.2% |
| % Gain to Breakeven | 50.8% | 23.8% |
| Time to Breakeven | 617 days | 105 days |
In The Past
Proto Labs's stock fell -27.8% during the 2025 US Tariff Shock. Such a loss loss requires a 38.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | PRLB | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -27.8% | -18.8% |
| % Gain to Breakeven | 38.5% | 23.1% |
| Time to Breakeven | 114 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -30.3% | -9.5% |
| % Gain to Breakeven | 43.5% | 10.5% |
| Time to Breakeven | 11 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -34.6% | -24.5% |
| % Gain to Breakeven | 53.0% | 32.4% |
| Time to Breakeven | 1114 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -34.8% | -33.7% |
| % Gain to Breakeven | 53.3% | 50.9% |
| Time to Breakeven | 41 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -33.7% | -19.2% |
| % Gain to Breakeven | 50.8% | 23.8% |
| Time to Breakeven | 617 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -25.4% | -3.7% |
| % Gain to Breakeven | 34.1% | 3.9% |
| Time to Breakeven | 100 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -29.3% | -12.2% |
| % Gain to Breakeven | 41.4% | 13.9% |
| Time to Breakeven | 33 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -29.7% | -6.8% |
| % Gain to Breakeven | 42.3% | 7.3% |
| Time to Breakeven | 43 days | 15 days |
In The Past
Proto Labs's stock fell -27.8% during the 2025 US Tariff Shock. Such a loss loss requires a 38.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Proto Labs (PRLB)
Proto Labs (PRLB) operates as an e-commerce driven digital manufacturer, specializing in the rapid production of custom prototypes and on-demand parts. The company essentially offers a streamlined, digital pathway for product developers and engineers to quickly move from design to physical part, accelerating innovation across various industries.
The company's core services leverage a diverse suite of advanced manufacturing technologies. These include traditional methods like injection molding and computer numerical control (CNC) machining, as well as an extensive range of 3D printing processes such such as stereolithography, selective laser sintering, direct metal laser sintering, multi jet fusion, PolyJet, and Carbon DLS. Additionally, Proto Labs provides quick-turn and e-commerce-enabled custom sheet metal fabrication.
Proto Labs primarily serves developers and engineers who use 3D computer-aided design (CAD) software to design products. These customers span a broad spectrum of end markets, relying on Proto Labs for fast, custom manufacturing solutions that enable rapid prototyping and efficient production of custom components.
AI Analysis | Feedback
The Amazon for custom industrial parts.
The FedEx Kinko's for custom 3D printed and machined parts.
AI Analysis | Feedback
- Injection Molding: An e-commerce driven process for producing custom plastic and liquid silicone rubber parts.
- CNC Machining: Provides custom parts by using computer numerical control to precisely machine various materials.
- 3D Printing: Offers additive manufacturing services, including stereolithography, selective laser sintering, direct metal laser sintering, multi jet fusion, polyjet, and carbon DLS processes, for custom prototypes and production parts.
- Sheet Metal Fabrication: Manufactures custom sheet metal parts through quick-turn and e-commerce-enabled services.
AI Analysis | Feedback
Proto Labs (PRLB) primarily serves other companies across a wide range of industries rather than a few specific major named customers. The company provides its rapid prototyping and on-demand manufacturing services to developers and engineers within these organizations. While specific customer names are not publicly disclosed, Proto Labs serves companies in major sectors such as:
- Medical (e.g., medical devices, healthcare technology)
- Automotive (e.g., vehicle components, design prototyping)
- Aerospace (e.g., aircraft parts, space exploration components)
Other significant end markets for Proto Labs' services include consumer products, electronics, and industrial machinery.
AI Analysis | Feedback
AI Analysis | Feedback
Suresh Krishna, President and Chief Executive Officer
Suresh Krishna was appointed President and Chief Executive Officer of Proto Labs in May 2025. He previously served as President and Chief Executive Officer at Northern Tool + Equipment, where he led the company through a business and cultural transformation focused on customer-centric innovation, operational excellence, and growth. Krishna has a 30-year track record of generating profitable growth and has held operations and leadership roles at companies such as Sleep Number Corporation, Polaris Industries, and UTC Fire & Security. He holds a bachelor's degree in mechanical engineering and an MBA from the Kellogg School of Management at Northwestern University.
Daniel Schumacher, Chief Financial Officer
Daniel Schumacher has served as Chief Financial Officer of Proto Labs since December 2021. He joined Proto Labs in 2017, initially serving as Vice President of Investor Relations and Global Financial Planning & Analysis. Prior to joining Proto Labs, Mr. Schumacher was Finance Director for Stratasys from 2015 to 2017 and held various financial leadership roles at Rockwell Automation from 2006 to 2015. He began his career in public accounting and is a graduate of the University of Minnesota - Carlson School of Management with a degree in Accounting.
Marc Kermisch, Chief Technology & AI Officer
Marc Kermisch oversees Proto Labs' global technology organization, leading strategic initiatives and the artificial intelligence (AI) solution strategy. He brings over 25 years of senior executive experience from technology and R&D organizations across diverse industries including manufacturing, software, and retail. Prior to Proto Labs, he was CTO for Emergent Software and Global Chief Digital and Information Officer at Case New Holland (NYSE: CNH), where he focused on developing autonomous vehicles, precision farming applications, and electric powertrains. Kermisch has also held executive leadership positions at Optum Rx, Bluestem Brands, and Red Wing Shoe Company.
Michael Kenison, Chief Operations Officer
Michael Kenison is the Chief Operations Officer at Proto Labs. Before his current role, he led the Americas region as VP & General Manager of the Americas and previously served as VP of Manufacturing since 2013. Prior to his tenure at Proto Labs, Kenison held leadership roles within the industry, including VP of Manufacturing at Cardiac Science, Inc.
Agnes Semington, Chief Human Resource Officer
Agnes Semington serves as the Chief Human Resource Officer for Proto Labs.
AI Analysis | Feedback
The key risks to Proto Labs' business are as follows:
-
Intense Competition and Pricing Pressure
Proto Labs operates in a highly competitive and fragmented digital manufacturing market, facing significant challenges from both traditional manufacturers and digital brokers like Xometry, Quickparts, and Fictiv. These competitors often engage in aggressive pricing strategies, particularly for larger production runs, and continuously innovate in materials and manufacturing processes. The marketplace model utilized by some rivals can offer a broader range of capabilities and highly competitive pricing, which can challenge Proto Labs' emphasis on speed and consistency.
-
Rapid Technological Change and Need for Continuous Innovation
The digital manufacturing sector is characterized by rapid technological advancements. Proto Labs' business model relies heavily on its proprietary technology, software, and automation to provide rapid quoting and production. A significant risk is that rapid technological changes by competitors or the emergence of new industry standards could render Proto Labs' existing offerings less attractive or even obsolete. Therefore, the company must continuously invest substantially in research and development and innovation to maintain its market position and competitive edge.
-
Economic Downturns and Cyclical Demand
Proto Labs is exposed to risks associated with global economic conditions. Potential recessions, economic slowdowns, or financial difficulties experienced by its customer base can lead to reduced demand for its prototyping and on-demand manufacturing services. As the company serves a wide range of end markets, many within the Industrials sector, it is susceptible to the cyclical nature of manufacturing investment, which can result in fluctuations in revenue and profitability.
AI Analysis | Feedback
AI Analysis | Feedback
Proto Labs (PRLB) operates in a significant addressable market across its core services of injection molding, CNC machining, 3D printing, and sheet metal fabrication, primarily focusing on custom prototypes and on-demand production parts.
The overall addressable market for digital manufacturing services, encompassing these areas, is estimated to be large and growing. Proto Labs itself indicates that it accelerates innovation for customers in a substantial global market valued at $100 billion. More specifically, the global custom parts on-demand manufacturing market, which includes CNC machining, 3D printing, and injection molding, was valued at approximately $4.6 billion in 2024 and is projected to reach $11.7 billion by 2032.
Market Sizes for Main Products or Services:
- Injection Molding: The global injection molding market size was estimated at approximately $298.7 billion in 2024 and is projected to reach about $462.4 billion by 2033. Another estimate places the global market size at $317.87 billion in 2025, expected to exceed $521.77 billion by 2035. The Asia-Pacific region alone represented an injection molding market size of $127.15 billion in 2025, with projections to surpass $208.71 billion by 2035.
- CNC Machining: The global CNC machining market is projected to reach between $128 billion and $129 billion by 2026. The global market for online CNC machining services, which is highly relevant to Proto Labs' e-commerce model, was valued at approximately $4.5 billion in 2023 and is forecasted to reach $10.3 billion by 2032.
- 3D Printing: The global 3D printing market size was estimated at an average of $22.14 billion in 2023. Other reports indicate the global 3D printing market was valued at $15.39 billion in 2024, with projections to grow to $35.79 billion by 2030. Focusing on prototyping, the global 3D printing for prototyping market size is estimated at $13.47 billion in 2026, with an expected increase to $27.62 billion by 2031.
- Sheet Metal Fabrication: The global sheet metal fabrication services market size was valued at $10.3 billion in 2024 and is expected to grow to approximately $15.2 billion by 2034. Another estimate places the global market at $22.32 billion in 2025, with a projected increase to approximately $33.31 billion by 2034. North America is a leading market, with over 25 million metric tons of fabricated parts produced in 2024.
AI Analysis | Feedback
Proto Labs, Inc. (PRLB) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
-
Strong Growth in CNC Machining and Sheet Metal Services: Proto Labs has demonstrated robust performance in its CNC Machining and Sheet Metal segments. For example, CNC Machining revenue grew 16.7% in 2025, with U.S. CNC revenue increasing by 25% in the fourth quarter of 2025. Sheet Metal also experienced double-digit growth in 2025. This continued demand and focus on these areas are anticipated to be significant revenue contributors.
-
Expansion and Enhanced Utilization of the Proto Labs Network: The Proto Labs Network, which includes a global network of manufacturing partners, is a key growth area. The network significantly expanded the company's capabilities and offers customers a wider range of pricing and lead time options. Network fulfillment revenue showed strong growth, increasing 15.7% year-over-year in 2025 to $116.2 million. This hybrid model, combining in-house digital factories with the network, is designed to meet diverse customer needs and drive revenue.
-
Strategic Shift Towards Production and Larger Orders: Proto Labs is strategically evolving to serve customers across the entire product lifecycle, moving beyond just prototyping to include on-demand production parts. The company has seen an increase in revenue per customer contact, with a 23.2% rise in the fourth quarter of 2024, indicating higher-value orders. This focus on securing larger and more consistent production work is expected to drive sustained revenue growth.
-
Expansion into High-Growth Verticals: The company is targeting expansion into high-growth verticals, including the medical, aerospace and defense, robotics, and data center infrastructure sectors. Strong demand for CNC parts in innovation-driven industries like drones, satellites, and rockets, particularly in the U.S., contributed to outstanding performance in 2025, indicating future growth potential in these specialized markets.
-
Customer Experience and Operational Efficiency Improvements: Proto Labs is undertaking a transformation plan for 2026, centered on elevating the customer experience, accelerating innovation, expanding production capabilities, and driving operational efficiency. Efforts such as streamlining the production quoting process, offering additional inspection reports, and implementing industry certifications are aimed at improving customer satisfaction and attracting more business, thereby contributing to revenue growth.
AI Analysis | Feedback
Share Repurchases
- In December 2021, Proto Labs' Board of Directors approved a $50 million increase to its stock repurchase program, raising the total authorization to $150 million with an expiration date of December 31, 2023. As of December 7, 2021, $63 million remained available under the expanded program.
- The Board approved another $50 million increase in November 2022, extending the program's expiration to December 31, 2024, and expanding the total authorization to $200 million. As of November 21, 2022, $89 million remained available for repurchases.
- Proto Labs announced a new $100 million stock repurchase program on February 7, 2025. In Q1 2025, the company bought back $20.9 million in stock, and for the full year 2025, $43 million was returned to shareholders through repurchases.
Share Issuance
- As part of the January 2021 acquisition of 3D Hubs, Proto Labs issued $150 million in common stock for the closing consideration.
- An additional contingent consideration of up to $50 million for the 3D Hubs acquisition was potentially funded with 50% Proto Labs common stock based on performance targets in 2021 and 2022.
Outbound Investments
- In January 2021, Proto Labs acquired 3D Hubs for an aggregate closing consideration of $280 million, which included $130 million in cash and $150 million in Proto Labs common stock.
- The acquisition of 3D Hubs aimed to significantly expand Proto Labs' customer offerings by integrating a network of premium manufacturing partners.
- Proto Labs' capital allocation strategy includes evaluating potential strategic acquisition opportunities that align with its growth objectives, with management indicating a disciplined search for acquisitions in 2026.
Capital Expenditures
- Proto Labs' capital expenditures averaged $28.038 million annually for the fiscal years ending December 2020 to 2024.
- Capital expenditures showed fluctuations, decreasing to $34.209 million in 2021, $21.686 million in 2022, and $9.169 million in 2024, while increasing to $28.116 million in 2023.
- For the fiscal year ending December 31, 2025, capital expenditures amounted to $14.8 million. The company prioritizes organic investment to enhance its platform and capacity, focusing on serving customers with world-class lead times.
Peer Outperformance in Industrial Machinery & Supplies & Components
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| PRLB | Proto Labs | 5.5% | 45.1x | 34.1% | 94.1% | 3.9% | — |
| CRS | Carpenter Technology | 6.0% | 24.3x | -15.0% | 326.6% | 765.7% | +762pp |
| GWW | W.W. Grainger | 6.0% | 31.3x | 52.1% | 89.0% | 218.6% | +215pp |
| PH | Parker Hannifin | 4.5% | 31.1x | 9.4% | 129.2% | 198.0% | +194pp |
| FLS | Flowserve | 3.9% | 40.1x | 17.5% | 126.1% | 158.8% | +155pp |
| NPO | Enpro | 6.3% | 87.2x | 21.8% | 119.3% | 156.3% | +152pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Marine Transportation | 5 | 28.7% | 34.6% | 109.9% | MATX 149% · KEX 110% |
| Construction Machinery & Heavy Transportation Equipment | 14 | 9.1% | 66.3% | 93.0% | ALSN 261% · WAB 201% · CAT 183% |
| Construction & Engineering | 28 | -21.4% | 94.1% | 91.9% | FIX 948% · STRL 785% · AGX 563% |
| Aerospace & Defense | 54 | -2.0% | 55.7% | 55.6% | ATI 901% · FTAI 836% · HWM 537% |
| Trading Companies & Distributors | 19 | 11.5% | 30.7% | 29.4% | DXPE 293% · AIT 187% · URI 179% |
| Industrial Machinery & Supplies & Components ← | 71 | 1.0% | 48.7% | 28.0% | CRS 766% · MLI 290% · SYM 266% |
| Rail Transportation | 7 | 33.7% | 69.8% | 24.9% | CSX 48% · UNP 36% · NSC 25% |
| Building Products | 34 | -7.3% | 6.8% | 12.8% | MOD 753% · GFF 340% · TT 128% |
| Diversified Support Services | 35 | 15.7% | 39.1% | 11.9% | CXW 197% · OPLN 136% · CTAS 113% |
| Cargo Ground Transportation | 16 | 27.7% | 13.1% | 1.3% | XPO 265% · R 246% · SNDR 17% |
| Office Services & Supplies | 10 | 19.6% | 25.3% | -2.8% | PBI 146% · HNI 39% · MSA 17% |
| Industrial Conglomerates | 17 | 14.5% | 8.0% | -4.5% | CSW 97% · DD 69% · CSL 68% |
| Electrical Components & Equipment | 39 | -7.8% | 58.1% | -7.7% | POWL 1421% · VRT 567% · BE 387% |
| Data Processing & Outsourced Services | 6 | -10.2% | 2.7% | -13.5% | EXLS 59% · BR 19% · G -10% |
| Research & Consulting Services | 13 | 0.5% | -11.2% | -24.9% | HURN 212% · FCN 37% · BAH 7% |
| Agricultural & Farm Machinery | 16 | 14.8% | -3.4% | -26.2% | DE 99% · TTC 14% · AGCO 2% |
| Security & Alarm Services | 9 | -47.2% | 35.9% | -28.5% | BCO 72% |
| Environmental & Facilities Services | 29 | -22.8% | 26.2% | -30.4% | GEO 194% · CLH 164% · RSG 97% |
| Passenger Airlines | 11 | 4.0% | 75.4% | -33.9% | LTM 3031% · UAL 112% · DAL 103% |
| Air Freight & Logistics | 12 | -31.2% | -8.1% | -40.8% | FDX 71% · EXPD 56% · CHRW 49% |
| Human Resource & Employment Services | 22 | 22.1% | -15.8% | -42.2% | ADP 49% · FA 14% · PAYX 12% |
| Passenger Ground Transportation | 3 | -22.5% | 37.0% | -57.3% | UBER 49% · CAR -57% · LYFT -69% |
| Airport Services | 4 | -42.8% | -62.5% | -87.2% | JOBY -37% |
Latest Trefis Analyses
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 35.99 |
| Mkt Cap | 1.1 |
| Rev LTM | 563 |
| Op Inc LTM | -43 |
| FCF LTM | -22 |
| FCF 3Y Avg | -25 |
| CFO LTM | 13 |
| CFO 3Y Avg | 0 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.4% |
| Rev Chg 3Y Avg | 0.5% |
| Rev Chg Q | 11.4% |
| QoQ Delta Rev Chg LTM | 2.7% |
| Op Inc Chg LTM | 46.0% |
| Op Inc Chg 3Y Avg | 20.3% |
| Op Mgn LTM | -8.7% |
| Op Mgn 3Y Avg | -10.3% |
| QoQ Delta Op Mgn LTM | 0.7% |
| CFO/Rev LTM | 1.3% |
| CFO/Rev 3Y Avg | -0.4% |
| FCF/Rev LTM | -3.4% |
| FCF/Rev 3Y Avg | -4.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 1.1 |
| P/S | 1.9 |
| P/Op Inc | -5.5 |
| P/EBIT | -6.3 |
| P/E | -4.5 |
| P/CFO | 6.4 |
| Total Yield | -10.4% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -2.6% |
| D/E | 0.0 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -24.8% |
| 3M Rtn | -27.1% |
| 6M Rtn | -15.0% |
| 12M Rtn | 6.8% |
| 3Y Rtn | 27.7% |
| 1M Excs Rtn | -19.6% |
| 3M Excs Rtn | -22.4% |
| 6M Excs Rtn | -14.7% |
| 12M Excs Rtn | -8.7% |
| 3Y Excs Rtn | -2.5% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Computer numerical control (CNC) Machining | 243 | 207 | 198 | 188 | 167 |
| Injection Molding | 192 | 194 | 204 | 201 | 226 |
| Three-dimensional (3D) Printing | 80 | 84 | 84 | 79 | 73 |
| Sheet Metal | 17 | 15 | 17 | 19 | 20 |
| Other Revenue | 1 | 1 | 1 | 1 | 2 |
| Total | 533 | 501 | 504 | 488 | 488 |
| $ Mil | 2011 |
|---|---|
| United States | 25 |
| Europe | 5 |
| Other | -3 |
| Total | 27 |
| $ Mil | 2011 |
|---|---|
| United States | 48 |
| Europe | 11 |
| Other | 4 |
| Total | 62 |
Price Behavior
| Market Price | $65.69 | |
| Market Cap ($ Bil) | 1.6 | |
| First Trading Date | 02/24/2012 | |
| Distance from 52W High | -33.4% | |
| 50 Days | 200 Days | |
| DMA Price | $85.04 | $73.48 |
| DMA Trend | up | up |
| Distance from DMA | -22.8% | -10.6% |
| 3M | 1YR | |
| Volatility | 55.2% | 50.1% |
| Downside Capture | 289.84 | 196.54 |
| Upside Capture | 190.86 | 211.54 |
| Correlation (S&P 500) | 47.7% | 55.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 4.27 | 2.85 | 3.40 | 2.32 | 2.24 | 1.63 |
| Up Beta | 4.98 | 1.22 | 4.05 | 2.26 | 2.72 | 1.61 |
| Down Beta | 3.32 | 4.87 | 4.97 | 2.05 | 1.96 | 1.32 |
| Up Capture | 230% | 227% | 298% | 322% | 392% | 911% |
| Bmk +ve Days | 12 | 18 | 28 | 62 | 130 | 427 |
| Stock +ve Days | 11 | 23 | 36 | 72 | 132 | 392 |
| Down Capture | 551% | 268% | 273% | 199% | 153% | 111% |
| Bmk -ve Days | 10 | 25 | 36 | 64 | 121 | 325 |
| Stock -ve Days | 11 | 20 | 28 | 54 | 119 | 359 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PRLB | |
|---|---|---|---|---|
| PRLB | 32.1% | 50.1% | 0.70 | - |
| Sector ETF (XLI) | 7.1% | 17.8% | 0.22 | 54.9% |
| Equity (SPY) | 9.5% | 13.6% | 0.40 | 54.9% |
| Gold (GLD) | 1.6% | 28.7% | 0.05 | 22.8% |
| Commodities (DBC) | 38.4% | 21.2% | 1.42 | -12.4% |
| Real Estate (VNQ) | 11.3% | 14.2% | 0.51 | 9.2% |
| Bitcoin (BTCUSD) | -27.2% | 43.6% | -0.61 | 34.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PRLB | |
|---|---|---|---|---|
| PRLB | 1.9% | 50.5% | 0.21 | - |
| Sector ETF (XLI) | 10.9% | 17.7% | 0.45 | 47.4% |
| Equity (SPY) | 11.3% | 17.3% | 0.48 | 46.5% |
| Gold (GLD) | 17.5% | 19.1% | 0.74 | 10.3% |
| Commodities (DBC) | 8.1% | 19.6% | 0.30 | 3.3% |
| Real Estate (VNQ) | 1.3% | 18.9% | -0.04 | 31.2% |
| Bitcoin (BTCUSD) | 4.0% | 51.6% | 0.26 | 22.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PRLB | |
|---|---|---|---|---|
| PRLB | 3.4% | 48.4% | 0.25 | - |
| Sector ETF (XLI) | 13.0% | 20.1% | 0.56 | 47.3% |
| Equity (SPY) | 15.0% | 18.0% | 0.70 | 48.4% |
| Gold (GLD) | 11.9% | 16.5% | 0.59 | 6.3% |
| Commodities (DBC) | 7.5% | 18.1% | 0.33 | 12.1% |
| Real Estate (VNQ) | 5.9% | 20.7% | 0.24 | 32.1% |
| Bitcoin (BTCUSD) | 60.0% | 66.3% | 1.00 | 13.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 11/9/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/29/2026 | -14.6% | -26.9% | |
| 7/31/2026 | -0.1% | 17.0% | 6.1% |
| 5/1/2026 | 0.6% | 5.2% | 17.0% |
| 2/6/2026 | 28.0% | 26.6% | 9.7% |
| 10/31/2025 | -6.2% | -8.3% | -5.4% |
| 7/31/2025 | 9.9% | 14.6% | 29.4% |
| 5/2/2025 | 7.1% | 12.3% | 2.0% |
| 2/7/2025 | -6.3% | 1.4% | -16.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 10 | 12 | 10 |
| # Negative | 14 | 12 | 13 |
| Median Positive | 11.0% | 11.9% | 13.7% |
| Median Negative | -6.2% | -10.8% | -13.6% |
| Max Positive | 38.7% | 40.9% | 52.7% |
| Max Negative | -31.1% | -35.4% | -31.8% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/29/2026 | -14.6% | -26.9% | |
| 7/31/2026 | -0.1% | 17.0% | 6.1% |
| 5/1/2026 | 0.6% | 5.2% | 17.0% |
| 2/6/2026 | 28.0% | 26.6% | 9.7% |
| 10/31/2025 | -6.2% | -8.3% | -5.4% |
| 7/31/2025 | 9.9% | 14.6% | 29.4% |
| 5/2/2025 | 7.1% | 12.3% | 2.0% |
| 2/7/2025 | -6.3% | 1.4% | -16.4% |
| 11/1/2024 | 38.7% | 40.9% | 50.8% |
| 8/2/2024 | -15.3% | -15.4% | -8.8% |
| 5/3/2024 | -0.2% | 3.7% | -2.5% |
| 2/9/2024 | -4.3% | -0.9% | -1.7% |
| 11/3/2023 | 30.4% | 39.3% | 52.7% |
| 8/4/2023 | -3.6% | -10.7% | -5.5% |
| 5/5/2023 | 12.2% | 11.6% | 16.3% |
| 2/10/2023 | 13.1% | 9.7% | 4.4% |
| 11/4/2022 | -31.1% | -35.4% | -28.4% |
| 8/5/2022 | -9.8% | -10.0% | -26.5% |
| 5/6/2022 | 5.3% | -4.6% | 11.1% |
| 2/11/2022 | 5.3% | 6.7% | -8.6% |
| 10/28/2021 | -20.5% | -15.9% | -31.2% |
| 7/29/2021 | -7.7% | -5.3% | -16.6% |
| 5/6/2021 | -1.0% | -11.0% | -13.6% |
| 2/12/2021 | -1.8% | -13.0% | -31.8% |
| SUMMARY STATS | |||
| # Positive | 10 | 12 | 10 |
| # Negative | 14 | 12 | 13 |
| Median Positive | 11.0% | 11.9% | 13.7% |
| Median Negative | -6.2% | -10.8% | -13.6% |
| Max Positive | 38.7% | 40.9% | 52.7% |
| Max Negative | -31.1% | -35.4% | -31.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2026 | 10/29/2026 | 10-Q |
| 06/30/2026 | 07/31/2026 | 10-Q |
| 03/31/2026 | 05/01/2026 | 10-Q |
| 12/31/2025 | 02/20/2026 | 10-K |
| 09/30/2025 | 10/31/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/02/2025 | 10-Q |
| 12/31/2024 | 02/21/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/02/2024 | 10-Q |
| 03/31/2024 | 05/03/2024 | 10-Q |
| 12/31/2023 | 02/16/2024 | 10-K |
| 09/30/2023 | 11/03/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 02/21/2023 | 10-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2026 | 10/29/2026 | 10-Q |
| 06/30/2026 | 07/31/2026 | 10-Q |
| 03/31/2026 | 05/01/2026 | 10-Q |
| 12/31/2025 | 02/20/2026 | 10-K |
| 09/30/2025 | 10/31/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/02/2025 | 10-Q |
| 12/31/2024 | 02/21/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/02/2024 | 10-Q |
| 03/31/2024 | 05/03/2024 | 10-Q |
| 12/31/2023 | 02/16/2024 | 10-K |
| 09/30/2023 | 11/03/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 02/21/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-Q |
| 03/31/2022 | 05/06/2022 | 10-Q |
| 12/31/2021 | 02/18/2022 | 10-K |
| 09/30/2021 | 11/02/2021 | 10-Q |
| 06/30/2021 | 08/03/2021 | 10-Q |
| 03/31/2021 | 05/10/2021 | 10-Q |
| 12/31/2020 | 02/19/2021 | 10-K |
| 09/30/2020 | 11/03/2020 | 10-Q |
| 06/30/2020 | 07/31/2020 | 10-Q |
| 03/31/2020 | 05/05/2020 | 10-Q |
| 12/31/2019 | 02/26/2020 | 10-K |
Recent Forward Guidance
Updated 11/2/2026Latest: Q3 2026 Earnings Reported 10/29/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2026 Revenue | Reported | 143.00 Mil | 147.00 Mil | 151.00 Mil | -1.3% | Lower New | Guidance: 149.00 Mil for Q3 2026 | |
| Q4 2026 GAAP diluted net income per share | Reported | 0.28 | 0.32 | 0.36 | -15.8% | Lower New | Guidance: 0.38 for Q3 2026 | |
| Q4 2026 Non-GAAP diluted net income per share | Reported | 0.46 | 0.5 | 0.54 | -16.7% | Lower New | Guidance: 0.6 for Q3 2026 | |
| 2026 Revenue Growth | Reported | 10.0% | 10.5% | 11.0% | 1.5% | Raised | Guidance: 9.0% for 2026 | |
Prior: Q2 2026 Earnings Reported 7/31/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q3 2026 Revenue | Reported | 145.00 Mil | 149.00 Mil | 153.00 Mil | 3.5% | Higher New | Guidance: 144.00 Mil for Q2 2026 | |
| Q3 2026 GAAP Diluted EPS | Reported | 0.34 | 0.38 | 0.42 | 15.2% | 5.0% | Higher New | Guidance: 0.33 for Q2 2026 |
| Q3 2026 Non-GAAP Diluted EPS | Reported | 0.56 | 0.6 | 0.64 | 11.1% | 6.0% | Higher New | Guidance: 0.54 for Q2 2026 |
| 2026 Revenue Growth | Reported | 8.0% | 9.0% | 10.0% | 2.0% | Raised | Guidance: 7.0% for 2026 | |
Q1 2026 Earnings Reported 5/1/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | Reported | 140.00 Mil | 144.00 Mil | 148.00 Mil | 7.5% | Higher New | Guidance: 134.00 Mil for Q1 2026 | |
| Q2 2026 Diluted Net Income Per Share | Reported | 0.29 | 0.33 | 0.37 | 57.1% | Higher New | Guidance: 0.21 for Q1 2026 | |
| Q2 2026 Non-GAAP Diluted Net Income Per Share | Reported | 0.5 | 0.54 | 0.58 | 35.0% | Higher New | Guidance: 0.4 for Q1 2026 | |
| 2026 Revenue Growth | Reported | 6.0% | 7.0% | 8.0% | 0.0% | Affirmed | Guidance: 7.0% for 2026 | |
Q4 2025 Earnings Reported 2/6/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | Reported | 130.00 Mil | 134.00 Mil | 138.00 Mil | 3.9% | Higher New | Guidance: 129.00 Mil for Q4 2025 | |
| Q1 2026 Diluted EPS | Reported | 0.17 | 0.21 | 0.25 | 31.2% | Higher New | Guidance: 0.16 for Q4 2025 | |
| Q1 2026 Non-GAAP Diluted EPS | Reported | 0.36 | 0.4 | 0.44 | 17.6% | Higher New | Guidance: 0.34 for Q4 2025 | |
| 2026 Revenue Growth | Reported | 6.0% | 7.0% | 8.0% | ||||
Insider Activity
Updated 11/4/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Gawlick, Rainer | Direct | Buy | 11042026 | 68.18 | 720 | 49,090 | 3,191,710 | Form | |
| 2 | Krishna, Suresh | President and CEO | Direct | Buy | 11042026 | 69.52 | 750 | 52,140 | 2,147,959 | Form |
| 3 | Schumacher, Daniel | Chief Financial Officer | Direct | Sell | 9252026 | 95.32 | 5,000 | 476,604 | 3,338,043 | Form |
| 4 | Schumacher, Daniel | Chief Financial Officer | Direct | Sell | 9182026 | 85.21 | 4,900 | 417,535 | 3,410,071 | Form |
| 5 | Schumacher, Daniel | Chief Financial Officer | Direct | Sell | 9182026 | 85.00 | 100 | 8,500 | 3,818,115 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Gawlick, Rainer | Direct | Buy | 11042026 | 68.18 | 720 | 49,090 | 3,191,710 | Form | |
| 2 | Krishna, Suresh | President and CEO | Direct | Buy | 11042026 | 69.52 | 750 | 52,140 | 2,147,959 | Form |
| 3 | Schumacher, Daniel | Chief Financial Officer | Direct | Sell | 9252026 | 95.32 | 5,000 | 476,604 | 3,338,043 | Form |
| 4 | Schumacher, Daniel | Chief Financial Officer | Direct | Sell | 9182026 | 85.21 | 4,900 | 417,535 | 3,410,071 | Form |
| 5 | Schumacher, Daniel | Chief Financial Officer | Direct | Sell | 9182026 | 85.00 | 100 | 8,500 | 3,818,115 | Form |
| 6 | Wehrwein, Sven | Direct | Sell | 6042026 | 77.28 | 2,000 | 154,550 | 2,511,825 | Form | |
| 7 | Kenison, Michael R | Chief Operations Officer | Direct | Sell | 5132026 | 69.49 | 16,030 | 1,113,915 | 1,298,270 | Form |
| 8 | Kenison, Michael R | Chief Operations Officer | Direct | Sell | 5132026 | 70.26 | 7,433 | 522,251 | 1,910,121 | Form |
| 9 | Kenison, Michael R | Chief Operations Officer | Direct | Sell | 5082026 | 70.00 | 200 | 14,000 | 1,903,020 | Form |
| 10 | Kenison, Michael R | Chief Operations Officer | Direct | Sell | 2182026 | 66.46 | 5,000 | 332,315 | 1,681,647 | Form |
| 11 | Kenison, Michael R | Chief Operations Officer | Direct | Sell | 2092026 | 60.00 | 2,500 | 150,000 | 2,071,560 | Form |
| 12 | Kenison, Michael R | Chief Operations Officer | Direct | Sell | 11262025 | 50.17 | 3,048 | 152,931 | 1,449,931 | Form |
Investor Activity (13F)
Updated Nov 9, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Industrial Machinery & Supplies & Components Resources |
| Machine Design |
| Modern Machine Shop |
| Industrial Equipment News (IEN) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.