Do Analysts Expect Velo3D Inc (VLD) Stock to Rise After It Is Higher By 48.29% in a Month?

Wall Street is positive on Velo3D Inc (VLD). On average, analysts give VLD a Buy rating. The average price target is $4, which means analysts expect the stock to decline by -7.62% over the next twelve months. That average ranking earns VLD an Analyst Rating of 23, which is better than 23% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating VLD a Buy today. Find out what this means to you and get the rest of the rankings on VLD!

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Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Velo3D Inc Stock Today?

Velo3D Inc (VLD) stock is trading at $4.33 as of 1:43 PM on Friday, Aug 19, a loss of -$0.53, or -10.92% from the previous closing price of $4.86. The stock has traded between $4.20 and $4.75 so far today. Volume today is less active than usual. So far 1,257,654 shares have traded compared to average volume of 2,546,980 shares. Click Here to get the full Stock Report for Velo3D Inc stock.