VELO Chart
About

Velo3D, Inc. produces and sells metal additive three dimensional printers in the Americas, Europe, and internationally. The company's printers enable the production of components for space rockets, jet engines, fuel delivery systems, and other metal parts, which it sells or leases to customers for use in their businesses. It also offers Flow, a proprietary software platform, which scans part designs for geometrical features; and Sapphire, Sapphire 1MZ, Sapphire XC, and Sapphire XC 1MZ printers. In addition, the company provides Assure, a quality control software platform that includes process metrologies; Flow Developer, a new version of print preparation software that turns traditional design files into print files; and Intelligent Fusion, an underlying manufacturing process that unifies and manages the information flow, sensor data, and the advanced printing technology for precision control of the entire print. Further, it offers Rapid Production Solutions to build resilient supply chains for production parts in different industries; and provides support services. The company serves small- and medium-sized enterprises to Fortune 500 companies in the space, aviation, defense, automotive, energy, and industrial markets. Velo3D, Inc. was founded in 2014 and is headquartered in Fremont, California. Velo3D, Inc. operates as a subsidiary of Arrayed Additive inc.

Fundamentals
Scroll to Statements
Sector Technology Industry Computer Hardware Market Cap 377.39M
Enterprise Value 325.12M Income -72.68M Sales 49.16M
Book/sh 1.44 Cash/sh 0.57 Dividend Yield
Payout 0.00% Employees 105 IPO
P/E Forward P/E PEG
P/S 7.68 P/B 10.63 P/C
EV/EBITDA -6.17 EV/Sales 6.61 Quick Ratio 0.58
Current Ratio 1.57 Debt/Eq 108.40 LT Debt/Eq
EPS (ttm) -46.18 EPS next Y EPS Growth
Revenue Growth 65.40% Earnings 2026-03-24 ROA -34.28%
ROE -224.17% ROIC Gross Margin -1.84%
Oper. Margin -77.93% Profit Margin -147.85% Shs Outstand 24.62M
Shs Float 3.53M Short Float 18.86% Short Ratio 0.96
Short Interest 52W High 23.84 52W Low 1.43
Beta 2.04 Avg Volume 2.09M Volume 1.23M
Target Price $21.50 Recom None Prev Close $14.55
Price $15.33 Change 5.36%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$21.50
Mean price target
2. Current target
$15.33
Latest analyst target
3. DCF / Fair value
$4.22
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$15.33
Low
$18.00
High
$25.00
Mean
$21.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-29 main Lake Street Buy → Buy $18
2025-10-01 init Lake Street — → Buy $6
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 394517 6462188.0 Conversion of Exercise of derivative security at price 16.38 per share. JELDI ARUN Chief Executive Officer 2026-03-04 00:00:00 I
1 1145830 12031215.0 Conversion of Exercise of derivative security at price 10.50 per share. THIENEMAN KENNETH DALE Director 2026-03-04 00:00:00 I
2 12583 nan JELDI ARUN Chief Executive Officer 2026-02-13 00:00:00 D
3 10000 145700.0 Conversion of Exercise of derivative security at price 14.57 per share. XU HULL HOU JUN Chief Financial Officer 2025-12-31 00:00:00 D
4 3188 43038.0 Conversion of Exercise of derivative security at price 13.50 per share. KEPPLER ADRIAN Director 2025-12-26 00:00:00 D
5 3188 nan LLOYD JASON MICHAEL Director 2025-12-26 00:00:00 D
6 3188 nan THIENEMAN KENNETH DALE Director 2025-12-26 00:00:00 D
7 3188 nan KRAUSE STEFAN GEORG ULRICH Director 2025-12-26 00:00:00 D
8 3483 16231.0 Conversion of Exercise of derivative security at price 4.66 per share. XU HULL HOU JUN Chief Financial Officer 2025-11-14 00:00:00 D
9 7000 27390.0 Purchase at price 3.74 - 4.95 per share. LLOYD JASON MICHAEL Director 2025-11-03 00:00:00 I
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems7.81K0.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-81.07M-123.44M-99.57M-54.84M
TotalUnusualItems28.64M7.33M113.20M-46.50M
TotalUnusualItemsExcludingGoodwill28.64M7.33M113.20M-46.50M
NetIncomeFromContinuingOperationNetMinorityInterest-73.30M-135.14M7.97M-107.09M
ReconciledDepreciation4.91M9.31M5.29M3.01M
ReconciledCostOfRevenue43.09M103.71M77.86M22.48M
EBITDA-52.44M-116.11M13.63M-101.34M
EBIT-57.35M-125.42M8.34M-104.35M
NetInterestIncome-15.97M-9.72M-372.00K-2.74M
InterestExpense15.97M9.72M372.00K2.74M
NormalizedIncome-101.92M-142.47M-105.23M-60.59M
NetIncomeFromContinuingAndDiscontinuedOperation-73.30M-135.14M7.97M-107.09M
TotalExpenses123.35M210.70M185.02M85.20M
TotalOperatingIncomeAsReported-82.35M-133.25M-106.31M-57.76M
DilutedAverageShares12.99M375.92K386.83K81.30K
BasicAverageShares12.99M375.92K352.32K81.30K
DilutedEPS-86.55-357.0026.25-1.32K
BasicEPS-86.55-357.0026.25-1.32K
DilutedNIAvailtoComStockholders-73.30M-135.14M7.97M-107.09M
NetIncomeCommonStockholders-73.30M-135.14M7.97M-107.09M
OtherunderPreferredStockDividend0.00
NetIncome-73.30M-135.14M7.97M-107.09M
NetIncomeIncludingNoncontrollingInterests-73.30M-135.14M7.97M-107.09M
NetIncomeContinuousOperations-73.30M-135.14M7.97M-107.09M
TaxProvision-20.00K0.000.000.00
PretaxIncome-73.32M-135.14M7.97M-107.09M
OtherIncomeExpense25.00M7.84M114.65M-46.59M
OtherNonOperatingIncomeExpenses-3.64M506.00K1.45M-88.00K
SpecialIncomeCharges-3.46M-3.49M94.07M-41.30M
OtherSpecialCharges4.90M19.45M50.58M
RestructuringAndMergernAcquisition-1.45M-15.96M-94.07M-9.28M
GainOnSaleOfSecurity32.09M10.82M19.13M-5.20M
NetNonOperatingInterestIncomeExpense-15.97M-9.72M-372.00K-2.74M
InterestExpenseNonOperating15.97M9.72M372.00K2.74M
OperatingIncome-82.35M-133.25M-106.31M-57.76M
OperatingExpense80.26M106.99M107.16M62.72M
ResearchAndDevelopment17.11M42.03M46.27M27.00M
SellingGeneralAndAdministration63.15M64.96M60.89M35.72M
SellingAndMarketingExpense13.81M23.23M23.91M12.36M
GeneralAndAdministrativeExpense49.35M41.73M36.98M23.35M
OtherGandA49.35M41.73M36.98M23.35M
GrossProfit-2.08M-26.27M843.00K4.96M
CostOfRevenue43.09M103.71M77.86M22.48M
TotalRevenue41.00M77.44M78.71M27.44M
OperatingRevenue36.00M77.44M78.71M27.44M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber12.99M492.23K357.26K349.01K
ShareIssued12.99M492.23K357.26K349.01K
NetDebt4.45M8.64M
TotalDebt15.92M45.57M22.85M19.51M
TangibleBookValue39.66M68.34M138.79M110.42M
InvestedCapital45.33M101.47M146.99M118.48M
WorkingCapital19.72M64.35M125.47M221.41M
NetTangibleAssets39.66M68.34M138.79M110.42M
CapitalLeaseObligations10.25M12.44M14.65M11.44M
CommonStockEquity39.66M68.34M138.79M110.42M
TotalCapitalization39.66M80.28M144.22M113.37M
TotalEquityGrossMinorityInterest39.66M68.34M138.79M110.42M
StockholdersEquity39.66M68.34M138.79M110.42M
GainsLossesNotAffectingRetainedEarnings0.00-96.00K-837.00K-14.00K
RetainedEarnings-430.33M-357.04M-221.90M-229.87M
AdditionalPaidInCapital469.99M425.47M361.53M340.29M
CapitalStock4.00K2.00K2.00K2.00K
CommonStock4.00K2.00K2.00K2.00K
TotalLiabilitiesNetMinorityInterest49.52M85.46M84.27M192.30M
TotalNonCurrentLiabilitiesNetMinorityInterest11.52M36.79M38.22M145.64M
OtherNonCurrentLiabilities874.00K2.84M17.84M111.80M
PreferredSecuritiesOutsideStockEquity0.00
DerivativeProductLiabilities2.17M11.84M2.75M21.70M
LongTermDebtAndCapitalLeaseObligation8.47M22.12M17.63M12.14M
LongTermCapitalLeaseObligation8.47M10.18M12.21M9.18M
LongTermDebt11.94M5.42M2.96M
CurrentLiabilities38.00M48.67M46.05M46.66M
CurrentDeferredLiabilities10.29M5.13M15.19M22.25M
CurrentDeferredRevenue10.29M5.13M15.19M22.25M
CurrentDebtAndCapitalLeaseObligation7.44M23.46M5.22M7.37M
CurrentCapitalLeaseObligation1.78M2.27M2.44M2.26M
CurrentDebt5.67M21.19M2.77M5.11M
OtherCurrentBorrowings5.67M21.19M2.77M5.11M
PayablesAndAccruedExpenses20.27M20.08M25.64M17.04M
CurrentAccruedExpenses1.73M4.22M13.43M7.16M
Payables18.54M15.85M12.21M9.88M
AccountsPayable18.54M15.85M12.21M9.88M
TotalAssets89.18M153.80M223.06M302.72M
TotalNonCurrentAssets31.46M40.77M51.54M34.64M
OtherNonCurrentAssets2.03M1.99M3.21M16.23M
NonCurrentAccountsReceivable5.12M
InvestmentsAndAdvances2.71M0.005.91M
OtherInvestments2.71M0.005.91M
NetPPE26.72M33.66M42.43M18.41M
AccumulatedDepreciation-12.78M-8.91M-6.24M-2.77M
GrossPPE39.50M42.58M48.67M21.18M
Leases13.31M14.41M16.27M2.77M
ConstructionInProgress0.006.27M
OtherProperties23.46M25.41M29.99M10.65M
MachineryFurnitureEquipment2.73M2.75M2.40M1.49M
Properties0.000.000.000.00
CurrentAssets57.72M113.02M171.52M268.07M
OtherCurrentAssets1.72M2.74M3.32M5.33M
PrepaidAssets612.00K1.26M2.22M4.13M
Inventory49.95M60.82M71.20M22.48M
FinishedGoods10.91M2.41M0.00
WorkInProcess9.66M9.92M12.62M5.88M
RawMaterials29.39M48.49M58.59M16.59M
Receivables4.22M17.09M14.59M13.05M
OtherReceivables500.00K7.51M5.40M274.00K
AccountsReceivable3.72M9.58M9.19M12.78M
AllowanceForDoubtfulAccountsReceivable-3.41M-620.00K-454.00K-67.00K
GrossAccountsReceivable7.13M10.20M9.64M12.85M
CashCashEquivalentsAndShortTermInvestments1.21M31.11M80.20M223.09M
OtherShortTermInvestments0.006.62M48.21M15.48M
CashAndCashEquivalents1.21M24.49M31.98M207.60M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-32.69M-108.85M-143.38M-74.50M
RepurchaseOfCapitalStock0.00
RepaymentOfDebt-11.75M-118.84M-8.98M-28.53M
IssuanceOfDebt500.00K138.45M9.06M32.76M
IssuanceOfCapitalStock10.70M39.09M0.00155.00M
CapitalExpenditure-9.00K-3.21M-19.42M-18.10M
InterestPaidSupplementalData1.18M9.72M372.00K1.42M
EndCashPosition1.84M25.29M32.78M208.40M
BeginningCashPosition25.29M32.78M208.40M15.52M
EffectOfExchangeRateChanges-4.00K-5.00K23.00K-7.00K
ChangesInCash-23.45M-7.48M-175.64M192.89M
FinancingCashFlow1.46M59.26M1.34M282.89M
CashFlowFromContinuingFinancingActivities1.46M59.26M1.34M282.89M
NetOtherFinancingCharges123.27M
ProceedsFromStockOptionExercised2.01M561.00K1.26M385.00K
NetPreferredStockIssuance0.00
PreferredStockPayments0.00
PreferredStockIssuance0.00
NetCommonStockIssuance10.70M39.09M0.00155.00M
CommonStockIssuance10.70M39.09M0.00155.00M
NetIssuancePaymentsOfDebt-11.25M19.61M86.00K4.23M
NetShortTermDebtIssuance3.00M
ShortTermDebtIssuance3.00M
NetLongTermDebtIssuance-11.25M19.61M86.00K4.23M
LongTermDebtPayments-11.75M-118.84M-8.98M-28.53M
LongTermDebtIssuance500.00K138.45M9.06M32.76M
InvestingCashFlow7.77M38.89M-53.02M-33.59M
CashFlowFromContinuingInvestingActivities7.77M38.89M-53.02M-33.59M
NetOtherInvestingChanges1.08M
NetInvestmentPurchaseAndSale6.67M42.10M-33.60M-15.49M
SaleOfInvestment6.67M45.76M54.05M0.00
PurchaseOfInvestment0.00-3.65M-87.66M-15.49M
NetPPEPurchaseAndSale11.00K-3.21M-19.42M-18.10M
SaleOfPPE20.00K0.00
PurchaseOfPPE-9.00K-3.21M-19.42M-18.10M
OperatingCashFlow-32.68M-105.64M-123.96M-56.40M
CashFlowFromContinuingOperatingActivities-32.68M-105.64M-123.96M-56.40M
ChangeInWorkingCapital31.56M1.22M-44.17M-3.19M
ChangeInOtherWorkingCapital5.15M-10.06M-7.06M17.55M
ChangeInOtherCurrentLiabilities-2.22M-946.00K-2.81M9.43M
ChangeInOtherCurrentAssets3.95M10.15M-592.00K-14.50M
ChangeInPayablesAndAccruedExpense-3.32M-6.83M8.70M8.75M
ChangeInAccruedExpense-2.58M-9.04M6.36M6.88M
ChangeInPayable-743.00K2.21M2.34M1.88M
ChangeInAccountPayable-743.00K2.21M2.34M1.88M
ChangeInPrepaidAssets1.82M2.79M6.14M-7.63M
ChangeInInventory13.30M13.73M-47.02M-8.01M
ChangeInReceivables12.87M-7.62M-1.54M-8.79M
ChangesInAccountReceivables5.86M-398.00K3.59M-11.55M
OtherNonCashItems9.57M-14.60M-94.07M-9.28M
StockBasedCompensation15.36M24.93M20.15M4.37M
ProvisionandWriteOffofAssets387.00K0.00
DepreciationAmortizationDepletion4.91M9.31M5.29M3.01M
DepreciationAndAmortization4.91M9.31M5.29M3.01M
OperatingGainsLosses-20.79M8.64M-19.13M55.78M
GainLossOnInvestmentSecurities-28.32M-10.81M-19.13M5.20M
GainLossOnSaleOfPPE11.00K0.00
NetIncomeFromContinuingOperations-73.30M-135.14M7.97M-107.09M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for VELO
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status