Velo3D, Inc. logo VELO - Velo3D, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 1
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $20.33 DETAILS
HIGH: $25.00
LOW: $18.00
MEDIAN: $18.00
CONSENSUS: $20.33
DOWNSIDE: 11.84%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2
Revenue
Revenue 13.8 9.4 13.6 13.6 9.3 12.6 8.2 10.3 9.8 2.5 0 0 0 0 0 0
Cost of Revenue 11.4 16.4 13.2 15.2 8.6 13.1 4.2 13.2 12.6 34.0 0 0 0 0 0 0
Gross Profit 2.4 (6.9) 0.4 (1.6) 0.7 (0.4) 4.1 (2.9) (2.8) (31.5) 0 0 0 0 0 0
Operating Expenses
R&D Expenses 2.7 3.6 3.0 2.8 1.2 3.1 4.4 4.5 5.0 9.9 0 0 0 0 0 0
SG&A Expenses 6.6 9.8 8.0 7.7 11.4 18.1 18.4 13.1 13.6 16.1 0.1 0.1 0.9 1.0 1.4 0.6
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0 0.0
Operating Expenses 9.3 13.3 11.1 10.5 12.6 21.2 22.8 17.6 18.6 25.9 0.1 0.1 0.9 0.9 1.4 0.7
Operating Income
Operating Income (6.9) (20.3) (10.6) (12.1) (11.9) (21.6) (18.7) (20.5) (21.4) (57.4) (0.2) (0.2) (1.0) 0.5 (1.5) (0.7)
Interest Expense (0.7) 0.5 1.2 1.6 1.1 0 10.9 5.5 0 0 (1.5) (3.1) (2.1) (4.0) 0 0
Interest Income 0 0 0 0 0 4.3 0 0 (3.9) (6.1) 1.0 0.4 0.1 0 0.0 0.0
Profitability
EBITDA (5.5) (10.3) (9.9) (11.3) (23.4) (25.3) (10.7) 6.6 (20.1) (54.6) 1.3 2.9 (1.0) 4.4 (1.5) 5.8
EBIT (6.2) (7.9) (10.6) (12.1) (24.3) (26.3) (11.9) 5.3 (21.4) (57.4) 0 0 0 0.5 0 (0.7)
Income Before Tax (7.0) (20.3) (11.8) (13.7) (25.4) (22.0) (22.9) (0.2) (28.3) (56.1) 1.5 3.1 1.2 4.4 0.6 5.8
Income Tax Expense 0.0 0.0 (0.0) 0.1 0.0 (0.0) 0 (0.0) 0.0 0 0.2 0.0 (2.1) 0.1 0 0
Net Income (7.0) (20.4) (11.8) (13.8) (25.4) (22.0) (22.9) (0.2) (28.3) (56.1) 1.3 3.1 3.3 4.4 0.6 5.8
Per Share Data
EPS (Basic) -0.28 -1.03 -0.69 -0.98 -1.95 -12.76 -37.11 -0.30 -57.15 -141.87 3.84 7.99 9.55 58.57 16.28 190.24
EPS (Diluted) -0.28 -1.03 -0.69 -0.98 -1.90 -12.60 -37.11 -0.30 -57.11 -141.81 3.80 8.02 9.44 58.57 16.28 189.35
Shares Outstanding 25.0 16.5 20.9 14.0 13.4 0.8 0.6 0.6 0.5 0.4 0.3 0.4 0.3 0.1 0.0 0.0
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1
Current Assets
Cash & Cash Equivalents 16,564 39,013 11.8 0.9 3.9 1.2 1.6 2.5 7.8 24.5 0.4 0.3 0.7 1.2 0.5 0.6 0.8
Short-Term Investments 0 0 0 0 0 0 0 0.7 3.2 6.6 0 0 0 0 0 0 0
Net Receivables 6,732 6,263 10.1 6.8 5.9 4.2 14.2 17.2 21.6 17.1 0 0 0 0 0 0 0
Inventory 28,104 27,083 35.4 38.4 46.1 50.0 62.0 59.5 62.8 60.8 0 0 0 0 0 0 0
Other Current Assets 13,770 6,603 1.0 1.7 1.9 1.7 1.8 2.1 0.2 1.3 0.2 0.3 0.4 0.4 0.5 0.6 0.7
Total Current Assets 65,170 78,962 59.2 48.9 61.8 57.7 79.8 82.2 98.3 113.0 0.5 0.6 1.1 1.5 1.0 1.2 1.5
Non-Current Assets
Property, Plant & Equipment 17,441 14,723 23.4 26.1 25.7 26.7 25.0 27.9 31.0 33.7 0 0 0 0 0 0 0
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0 0 2.0 2.2 2.5 2.7 0 0 0 0 231.1 230.3 229.9 230.0 230.0 230.0 0
Other Non-Current Assets 9,793 11,663 9.4 1.4 1.5 2.0 6.0 6.5 6.8 7.1 0 0 0 0 0 0 230.0
Total Non-Current Assets 27,234 26,386 34.7 29.7 29.7 31.5 31.0 34.5 37.8 40.8 231.1 230.3 229.9 230.0 230.0 230.0 230.0
Total Assets 92,404 105,348 93.9 78.6 91.4 89.2 110.8 116.7 136.1 153.8 231.7 230.9 231.0 231.6 231.0 231.3 231.5
Current Liabilities
Account Payables 9,089 10,301 11.3 14.9 16.4 18.5 17.7 14.0 15.6 15.9 0.9 0.9 1.1 0.2 0.2 0.0 0.0
Short-Term Debt 3,135 6,305 5.3 16.9 16.2 5.7 29.6 24.6 34.3 21.2 0 0 0 0 0 0 0
Deferred Revenue 0 0 15.8 6.7 7.6 10.3 10.8 4.1 0 0 0 0 0 0 0 0 0
Other Current Liabilities 14,394 17,196 0 0 0 0 0 0 4.7 5.1 0.2 0.1 0.1 0.5 1.7 0.7 0.2
Total Current Liabilities 26,618 33,802 37.6 42.7 43.9 38 63.4 48.6 60.9 48.7 1.2 1.0 1.2 0.7 1.9 0.7 0.3
Non-Current Liabilities
Long-Term Debt 0 0 17.7 5.6 5.5 0 0 0 2.0 11.9 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 14,246 33,390 1.0 1.1 1.1 3.0 3.8 6.6 18.1 14.7 8.7 9.3 12.0 14.2 16.6 18.7 25.2
Total Non-Current Liabilities 14,246 33,390 26.2 14.3 14.6 11.5 12.7 16.0 29.8 36.8 8.7 9.3 12.0 14.2 16.6 18.7 25.2
Total Liabilities 40,864 67,192 63.7 57.0 58.5 49.5 76.1 64.5 90.7 85.5 9.9 10.2 13.2 15.0 18.5 19.4 25.5
Stockholders' Equity
Common Stock 5 5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 462.2 460.9 461.0 230.0 230.0 206.8 201.0
Retained Earnings (505,141) (498,143) (481.3) (469.5) (455.7) (430.3) (408.4) (385.5) (385.4) (357.0) (8.8) (9.4) (12.2) (13.4) (17.5) 5.0 (0.4)
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 (0.0) (0.0) (0.1) 0 0 0 0 0 0 0
Total Stockholders' Equity 51,540 38,156 30.2 21.5 32.9 39.7 34.7 52.1 45.5 68.3 (8.8) (9.4) (12.2) (13.4) (17.5) 211.8 5
Total Liabilities & Equity 92,404 105,348 93.9 78.6 91.4 89.2 110.8 116.7 136.1 153.8 1.1 0.9 1.0 1.6 231.0 231.3 231.5
Debt Metrics
Total Debt 3,135 6,305 32.5 31.8 31.4 15.9 40.4 35.9 48.2 45.6 0 0 0 0 0 0 0
Net Debt (13,429) (32,708) 20.7 31.0 27.6 14.7 38.7 33.5 40.4 21.1 (0.4) (0.3) (0.7) (1.2) (0.5) (0.6) (0.8)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q2
Operating Activities
Net Income (6,998) (20.4) (11.8) (13.8) (25.4) (22.0) (22.9) (0.2) 1.1 2.9 1.2 4.4 5.8
Depreciation & Amortization 762 0.9 0.8 0.8 0.9 1.0 1.2 1.3 0 0 0 0 0
Stock-Based Compensation 1,889 0.4 2.6 2.4 4.1 2.3 3.7 4.2 0 0 0 0 0
Change in Working Capital (13.7) 3.4 4.0 5.0 (5.3) 16.8 12.3 7.3 (1.3) (3.3) (1.6) (1.1) 0.5
Other Non-Cash Items (13,617.3) 8.0 (1.6) 4.3 13.4 (0.4) 3.6 (20.7) 0 0 0 (3.4) (6.5)
Operating Cash Flow (17,978) (7.7) (6.0) (1.2) (12.3) (2.2) (2.0) (8.0) (0.2) (0.4) (0.5) (0.2) (0.2)
Investing Activities
Capital Expenditure (940) (0.6) (0.3) (1.8) 0 0.0 (0.0) (0.0) 0 0 0 0 0
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0.7 2.5 0 0 0 0 0
Other Investing Activities 0 0 0 0 0 1.1 0 0 0.2 0 0 (230) 0
Investing Cash Flow (940) (0.6) (0.3) (1.8) 0 1.1 0.7 2.5 0.2 0 0 (230) 0
Financing Activities
Net Debt Issuance (3.5) 7.6 (0.5) 0 15 0.5 (1.2) (10.5) 0 0 0 0 0
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (3,531.5) 7.8 17.8 0 0 (9.0) 0.0 10.7 0 0 0 231.5 0
Financing Cash Flow (3,535) 35.5 17.3 0 15 0.5 0.5 0.2 0 0 0 231.5 0
Cash Position
Net Change in Cash (22,454) 27.2 11.0 (3.0) 2.7 (0.6) (0.8) (5.3) 0.1 (0.4) (0.5) 0.6 (0.2)
Cash at Beginning 39,641 12.5 1.5 4.5 1.8 2.4 3.3 8.6 0.3 0.7 1.2 0.6 0.8
Cash at End 17,187 39.6 12.5 1.5 4.5 1.8 2.4 3.3 0.4 0.3 0.7 1.2 0.6
Free Cash Flow (18,918) (8.3) (6.3) (3.0) (12.3) (2.2) (2.0) (8.0) (0.2) (0.4) (0.5) (0.2) (0.2)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2
Income Statement
Revenue 13.8 9.4 13.6 13.6 9.3 12.6 8.2 10.3 9.8 2.5 0 0 0 0 0 0
Gross Profit 2.4 (6.9) 0.4 (1.6) 0.7 (0.4) 4.1 (2.9) (2.8) (31.5) 0 0 0 0 0 0
Operating Income (6.9) (20.3) (10.6) (12.1) (11.9) (21.6) (18.7) (20.5) (21.4) (57.4) (0.2) (0.2) (1.0) 0.5 (1.5) (0.7)
Net Income (7.0) (20.4) (11.8) (13.8) (25.4) (22.0) (22.9) (0.2) (28.3) (56.1) 1.3 3.1 3.3 4.4 0.6 5.8
EPS (Diluted) -0.28 -1.03 -0.69 -0.98 -1.90 -12.60 -37.11 -0.30 -57.11 -141.81 3.80 8.02 9.44 58.57 16.28 189.35
Balance Sheet
Cash & Equivalents 16,564 39,013 11.8 0.9 3.9 1.2 1.6 2.5 7.8 24.5 0.4 0.3 0.7 1.2 0.5 0.6 0.8
Total Assets 92,404 105,348 93.9 78.6 91.4 89.2 110.8 116.7 136.1 153.8 231.7 230.9 231.0 231.6 231.0 231.3 231.5
Total Debt 3,135 6,305 32.5 31.8 31.4 15.9 40.4 35.9 48.2 45.6 0 0 0 0 0 0 0
Stockholders' Equity 51,540 38,156 30.2 21.5 32.9 39.7 34.7 52.1 45.5 68.3 (8.8) (9.4) (12.2) (13.4) (17.5) 211.8 5
Cash Flow
Operating Cash Flow (17,978) (7.7) (6.0) (1.2) (12.3) (2.2) (2.0) (8.0) (0.2) (0.4) (0.5) (0.2) (0.2)
Capital Expenditure (940) (0.6) (0.3) (1.8) 0 0.0 (0.0) (0.0) 0 0 0 0 0
Free Cash Flow (18,918) (8.3) (6.3) (3.0) (12.3) (2.2) (2.0) (8.0) (0.2) (0.4) (0.5) (0.2) (0.2)