HP's Plans for 3D Metal Printing Could be a Game Changer
HP (NYSE: HPQ) CEO Dion Weisler recently revealed that his company planned to launch next-gen 3D printers that could produce metal objects. Weisler didn't reveal much else about the technology or the prices, but declared that HP would reveal more information next year.
Weisler stated that he was signaling "the intent" HP had in entering the market so it could initiate discussions with potential customers that wanted to print 3D metal objects. That announcement, along with HP's gradual entrance into the industrial 3D printing market, caused shares of popular 3D printing plays 3D Systems (NYSE: DDD) and Stratasys (NASDAQ: SSYS) to slide over the past six months.
Image source: Getty Images.
Source: Fool.com
HP Inc. Stock
€33.40
-4.000%
We see a rather positive sentiment for HP Inc. with 13 Buy predictions and 2 Sell predictions.
On the other hand, the target price of 33 € is below the current price of 33.4 € for HP Inc., so the potential is actually -1.18%.
