Velo3D Inc. (NYSE:VELO) shares fell Friday morning as investors continued to digest its fourth-quarter results released Tuesday after the close, overshadowing news of a new U.S. Defense contract win.
Contract Details
On Monday, the company announced it has been awarded a $9.8 million, five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract to support the Defense Logistics Agency’s Joint Additive Manufacturing Acceptability Pilot Parts Program.
Velo3D will utilize its Laser Powder Bed Fusion manufacturing capabilities to produce complex metal components for military logistics.
The company’s Rapid Production Solution combines advanced additive manufacturing, engineering expertise, and distributed capacity to support production from part qualification to peak demand.
The initiative aims to enhance supply chain resilience and reduce lead times for critical components across various branches of the military.
Earnings Snapshot
Last week, Velo3D reported fourth-quarter revenue of $9.44 million, topping analyst estimates of $8.68 million. Adjusted loss of 54 cents per share beat the estimates for a loss of 56 cents per share.
The company ended 2025 with about $39 million in cash and cash equivalents and said it completed an aggregated $15 million debt-to-equity conversion during the quarter, reducing debt by roughly 60%.
Management guided for 2026 revenue of $60 million to $70 million and said it expects to turn EBITDA positive in the second half of 2026.
Technical Analysis
Velo3D is currently trading 31.9% below its 20-day simple moving average (SMA) and 24.3% below its 100-day SMA, indicating a bearish trend. Over the past 12 months, shares have increased by 156.10% and are positioned closer to their 52-week lows than highs.
The RSI is at 37.23, which is considered neutral territory, while the MACD shows a value of -0.4263, below its signal line at 0.0119, indicating bearish pressure on the stock. The combination of neutral RSI and bearish MACD suggests mixed momentum.
- Key Resistance: $12.50
- Key Support: $8.50
Earnings & Analyst Outlook
Velo3D is slated to provide its next financial update on May 26, 2026 (estimated).
- EPS Estimate: Loss of 41 cents
- Revenue Estimate: $10.01 million
Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $18.00. Recent analyst moves include:
- Lake Street: Buy (Raises Target to $18.00) (Dec. 29, 2025)
VELO Stock Price Activity: Velo3D shares were down 3.24% at $8.71 at the time of publication on Monday, according to Benzinga Pro data.
Recent Comments