Lake Street analysts reaffirmed a Buy rating for Velo3D, Inc. following the company's first-quarter 2026 earnings report [1, 2].

The bullish outlook comes as Velo3D hits what leadership describes as a key inflection point, signaling a potential shift in the company's growth trajectory [3].

Velo3D reported first-quarter results that beat Wall Street revenue estimates, marking the third consecutive quarter the company has exceeded those expectations [3]. Following the earnings call on May 12, 2026 [7], analysts at Lake Street, including Jaeson Schmidt, said they maintained their positive stance on the stock [1, 2].

Reports on the specific price target vary. Yahoo Finance said on May 13, 2026, that Lake Street lifted the price target to $20 from $18 [1, 6]. However, The Globe and Mail said the price target was $18 [2].

The company provided revenue guidance for the full fiscal year 2026 ranging from $60 million to $70 million [3]. The midpoint of this guidance is $65 million, which slightly exceeds the Wall Street expectation of $64 million [3].

Velo3D is listed on the NASDAQ exchange under the ticker VELO [1, 5]. The combination of consistent revenue beats and a positive full-year outlook has driven the analysts to stick with their Buy rating despite the volatility often associated with the 3D printing sector.

“Velo3D reported first-quarter results that beat Wall Street revenue estimates.”

The reaffirmation of a Buy rating and the upward revenue guidance suggest that Velo3D is successfully scaling its operations to meet market demand. By beating revenue estimates for three straight quarters, the company is demonstrating a level of consistency that may reduce investor concern regarding the stability of its growth model in the competitive additive manufacturing industry.