NNDM - Nano Dimension: Outlook Hinges On Acquisition Strategy
2024-02-20 06:51:39 ET
Summary
- Nano Dimension has a large cash pile and is looking for acquisition targets.
- Q3 results continue to show revenue growth.
- The acquisition strategy is likely to drive the direction of the stock and opinion of investors.
Nano Dimension (NNDM) is an Israel-based provider of additive electronics, including 3D printers, the DragonFly IV being their flagship product. Over the last year, focus has shifted more onto the management of the company, their acquisition strategy, and a resulting power struggle involving activist investors. The stock has endured a significant decline since it first listed on the NASDAQ in 2016, a feature not uncommon in the 3D printing industry. Owing to the current uncertainty around the acquisition strategy, an unclear path to profitability, geopolitical concerns and other risks I have a neutral view at this price....
Nano Dimension: Outlook Hinges On Acquisition Strategy