Stratasys Inc. (NASDAQ:SSYS) stock is trading higher on Wednesday after the company announced plans to acquire MarkForged, Inc. for $42.5 million.

This acquisition is expected to enhance Stratasys’ capabilities in high-demand manufacturing applications, particularly in aerospace and defense, as it aims to strengthen its market position and expand product offerings.

• What should traders watch with SSYS?

SSYS Stock Rises After Stratasys Announces Markforged Acquisition

Stratasys is set to acquire MarkForged, a move that is anticipated to generate additional cross-sale opportunities and cost synergies within the first year following the transaction’s closure.

The deal is expected to close in the second half of 2026, pending regulatory approvals, and is projected to be accretive to adjusted EBITDA.

The acquisition of MarkForged is significant as it enhances Stratasys’ distribution channels and expands its capabilities in critical industries.

This move positions the company to better meet the growing demand for lightweight, high-strength components, particularly in sectors such as aerospace and defense.

SSYS Technical Outlook: Key Support, Resistance and Momentum

Stratasys’ share price of $9.80 positions it 14.1% above its 20-day simple moving average (SMA) of $8.67 and 1.7% below its 200-day SMA of $9.73.

The stock has shown resilience, trading 18% above its 50-day SMA, indicating a bullish short-term trend.

The moving average convergence divergence (MACD) is currently above its signal line, suggesting that downside pressure is easing and momentum is improving.

  • Key Resistance: $10 — Nearby level where rebounds can stall.
  • Key Support: $8 — Nearby level where buyers previously stepped in.

Stratasys (SSYS) Earnings Preview and Analyst Price Targets

Stratasys will provide its next financial update on Aug. 12 (estimated).

  • EPS Estimate: 2 cents (Down from 3 cents)
  • Revenue Estimate: $138.79 million (Up from $138.09 million)

Analyst Consensus & Recent Actions: The stock carries a Buy rating with a consensus price target of $11. Recent analyst moves include:

  • Craig-Hallum: Buy (Lowers target to $12 on March 6)
  • Needham: Buy (Lowers target to $11.50 on March 5)
  • Cantor Fitzgerald: Overweight (Raises target to $13.50 on Nov. 14, 2025)

SSYS ETF Exposure: Funds With Biggest Weighting

  • Pacer BlueStar Engineering the Future ETF (NASDAQ:BULD): 5.80% Weight

Significance: Because SSYS carries significant weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.

SSYS Stock Price Activity: Stratasys shares were up 0.62% at $9.72 at the time of publication on Wednesday, according to Benzinga Pro data.

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