Last Updated: 19 Sep 2024
Executive Summary
Nano Dimension Ltd. (NNDM) is a provider of additive electronics with a market capitalization of $482.32 million. The company has been facing financial challenges, reporting a negative EBITDA of -$102.23 million and a diluted EPS of -$0.62. Despite these challenges, analysts have assigned a target price of $10, indicating potential for future growth.
Company Overview
Nano Dimension is headquartered in Israel and operates internationally. The company specializes in the development and production of additive electronics, which involves the use of 3D printing technology to create electronic circuits.
Fundamental Analysis
Revenue: Revenue for the trailing twelve months (TTM) was $54.96 million, representing a 1.7% increase year-over-year.
Profitability: The company has been operating at a loss, with a profit margin of -2.664% and an operating margin of -1.39% TTM.
Valuation: Nano Dimension trades at a price-to-sales ratio of 8.78, a price-to-book ratio of 0.555, and an EV-to-revenue ratio of 2.655.
Technical Analysis
Moving Averages: The stock is currently trading below its 50-day and 200-day moving averages, indicating a bearish trend.
Support and Resistance: The stock has support at $2.04 and resistance at $3.01.
Short Term Outlook
In the short term, Nano Dimension is likely to face continued pressure due to its financial challenges. The stock may continue to trade within its current range, with potential for downside if it breaks below support.
Long Term Outlook
The long-term outlook for Nano Dimension depends on the company's ability to improve its financial performance and execute on its growth strategy. If the company can successfully address its challenges, it could see significant upside potential.
Analyst Recommendations
One analyst has a "Buy" rating on Nano Dimension, with a target price of $10. This suggests that the analyst believes the stock is undervalued and has potential for significant growth.
