3D Printing Stocks in 2023 — Archived Investment List

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This 2023 stock list is no longer a current investment universe

This article originally reviewed a group of additive manufacturing and 3D-printing stocks using information available in April 2023. It is now preserved as a historical market snapshot.

Several companies in the original list were acquired, taken private, delisted, restructured or materially changed their additive-manufacturing exposure. The original descriptions and ticker references should not be used for current investment decisions.

Examples of changes since publication

Company from the original articleMaterial change after the 2023 snapshot
SLM SolutionsNikon completed the squeeze-out and made Nikon SLM Solutions a wholly owned subsidiary in 2023; it is no longer a standalone public AM stock.
Fathom Digital ManufacturingCORE Industrial Partners completed a take-private acquisition in 2024.
Desktop MetalNano Dimension completed the acquisition in April 2025. Nano Dimension later reported Desktop Metal in discontinued operations following bankruptcy and deconsolidation.
MarkforgedNano Dimension completed the acquisition in April 2025 and announced an agreement in May 2026 to sell Markforged to Stratasys.
Nano DimensionThe company’s investment case and AM asset structure changed substantially through acquisitions, divestiture plans and a proposed strategic combination.

These examples are sufficient to make the original static list unsuitable as an evergreen investment guide. Current research must start from today’s ownership, listing, segment reporting and financial statements.

Why “3D-printing stock” is an imprecise category

The original article mixed several fundamentally different exposures:

  • Pure-play printer and materials companies
  • Digital manufacturing marketplaces and service bureaus
  • Software companies with limited AM revenue exposure
  • Diversified industrial companies with small AM divisions
  • Acquired companies that no longer trade independently
  • Companies whose primary value proposition changed after publication

A better investment universe separates companies by business model, AM revenue exposure, value-chain role and ownership of an industrial bottleneck.

The current Addithive classification

BucketWhat it capturesPrimary investor question
Core or pure-play AMCompanies whose economics depend heavily on additive manufacturingCan the platform reach durable margins and repeat production?
Equipment and process platformsPrinter, deposition and production-system providersIs installed-base growth converting into recurring revenue?
Materials and feedstockPowder, wire, polymer, resin and specialty-material suppliersDoes qualification create pricing power or switching cost?
Software, simulation and digital threadDesign, build preparation, MES, monitoring and quality toolsHow material is AM to the wider software business?
Services and digital manufacturingContract production and manufacturing marketplacesCan the business generate attractive utilization and gross margins?
Post-processing and qualityHeat treatment, HIP, machining, metrology and inspectionDoes the company own a constraint that grows with AM adoption?
Industrial adoptersAerospace, medical, dental, energy and automotive usersDoes AM create product or cost advantage large enough to affect earnings?

What investors should verify now

  1. Current listing and ownership: Confirm ticker, exchange, parent company and transaction status.
  2. AM revenue exposure: Separate real AM sales from a broad advanced-manufacturing narrative.
  3. Revenue quality: Distinguish equipment shipments, services, consumables, software and recurring revenue.
  4. Installed-base economics: Measure utilization, service attachment and material pull-through.
  5. Cash and dilution: Review burn rate, financing needs and share issuance.
  6. Customer evidence: Look for qualified production and repeat orders rather than demonstrations.
  7. Gross margin and scale: Test whether growth improves economics or increases operating losses.
  8. Bottleneck ownership: Identify whether the company controls software, feedstock, post-processing, qualification or another scarce capability.
  9. Transaction risk: Account for acquisitions, asset sales, strategic reviews and delisting risk.
  10. Valuation: A useful AM technology does not automatically make an attractive stock.

Current Addithive research

Primary transaction references

Archive status: This URL is retained for historical reference and existing external links. It is not investment advice or a current stock list.


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