NNDM vs SSYS: How Nano Dimension and Stratasys Compare (2026)

Last updated July 2026

Short answer

SSYS is the larger of the two ($688.44M market cap): the incumbent the market prices for continued execution (44.06x forward earnings, beta 1.92). NNDM is the smaller challenger ($313.66M), actually pricier on forward earnings (149.00x): more room to run, but more to prove. The real question is which set of drivers you believe, and whether owning one (or both) leaves you over-concentrated.

NNDM vs SSYS: the tie-breaker metrics

Same yardstick, side by side (as of July 2026). Valuation lined up like this is most meaningful for two names in the same corner of the market, which these are. Figures are approximate; verify before investing.

MetricNNDMSSYSWhat it tells you
Market cap$313.66M$688.44MSize. The larger name is the incumbent; the smaller has more room to grow and more to prove.
Forward P/E149.0044.06Valuation on next year's expected earnings, the same yardstick for both. Lower is cheaper for that growth; higher means the market is paying up.
Beta1.001.92Volatility vs the market. Above 1 swings harder than the index; below 1 is steadier. Higher beta means bigger drawdowns to hold through.
Price vs 52-week range27% of range11% of rangeWhere today's price sits between the 52-week low and high. Near the high is momentum with less margin of safety; near the low is out of favor or a discount, depending on why.
Price / book0.640.83How much you pay over book value. Very high can signal an asset-light, high-return business or a rich price.

Reading it: SSYS is the cheaper of the two on forward earnings, but cheaper is not the same as better. Pair the valuation with growth (how far the forward P/E sits below the trailing P/E) and risk (beta) before you decide.

Before you buy: how NNDM and SSYS affect your concentration

The metrics above tell you which is the marginally better business. The bigger risk for most people is not picking the slightly worse stock, it is over-concentrating. NNDM and SSYS share themes, so owning both, or adding either to what you already hold, can quietly push a large share of your portfolio into one bet.

This is the part a generic comparison page cannot answer, because it depends on what you own. Connect your brokerage and Walnut shows your real, combined NNDM and SSYS exposure, flags overlap with your existing positions, and tells you if adding one would tip you past a concentration you are comfortable with, read-only by default, with your login staying at your broker. Walnut is not an investment adviser.

What does Nano Dimension (NNDM) do?

Nano Dimension is an additive-manufacturing company whose original niche is 3D printing for electronics: its systems print circuit boards and additive electronics, aimed at rapid prototyping and specialized production for defense, aerospace, and research customers. Over 2025 it pursued an aggressive roll-up of the industrial 3D-printing sector, completing the acquisition of Desktop Metal in April 2025 and Markforged shortly after, in an attempt to assemble a broad additive-manufacturing platform spanning polymers, metals, and electronics. The company has long carried an unusually large cash balance relative to its revenue, and it reported roughly $237.8 million in cash, equivalents, and short-term deposits with no debt as of March 2026, which is the core of the investment case: a war chest that could fund restructuring, buybacks, or further deals.

Full NNDM guide

What does Stratasys (SSYS) do?

Stratasys designs and sells industrial 3D printers and the materials that run on them, focused on polymer additive manufacturing for prototyping, tooling and end-use parts.

Full SSYS guide

NNDM vs SSYS: how do they differ?

Both fit overlapping themes, but they are not interchangeable. The useful comparison is which set of drivers and risks you want exposure to.

  • NNDM drivers: Large cash balance as a cushion; Additive-manufacturing consolidation.
  • SSYS drivers: Shift from prototyping toward production parts; Recurring materials revenue.

Which fits which kind of investor

A faster-growing, richer-valued name usually swings harder, so it suits a longer horizon and a higher tolerance for volatility; a steadier, more cash-generative business suits a more conservative or income-minded investor. The honest test is which set of risks you could hold through a drawdown: The central risk is that Nano Dimension is a speculative, loss-making company whose story hinges on capital allocation and restructuring rather than proven, growing profits. For SSYS, the additive manufacturing industry has repeatedly grown more slowly than forecast, and Stratasys has faced years of flat or declining revenue as a result.

NNDM or SSYS: which should you pick?

Growth-minded investors who believe the theme has years to run tend to accept the richer multiple for more upside; value-minded investors lean toward the cheaper forward earnings and steadier profile. Pick NNDM if you believe its drivers more; SSYS if you believe its. Many investors hold both, but since they share themes, that is a concentrated bet, not diversification. Decide deliberately and check overlap. For the full detail, see the NNDM and SSYS guides.

NNDM vs SSYS: the full fundamentals

NNDM. These figures are approximate, tied to the asOf date, and drawn from recent reports; verify live numbers in the latest SEC filings before acting. Because Nano Dimension is unprofitable, earnings multiples are not meaningful, and many investors instead watch its market value versus its net cash, its cash-burn rate, and how the board chooses to deploy the balance sheet. Governance, restructuring progress, and acquisition or divestiture news tend to move the stock far more than any conventional valuation metric.

SSYS. Stratasys is best understood as a company whose addressable market is real but has arrived far more slowly than the sector's early enthusiasm implied. Verify current revenue, margin and cash position before drawing conclusions.

Headline figures (approximate, Jul 2026): NNDM shows business stage Loss-making additive-manufacturing consolidator; revenue modest relative to its cash pile and integration still in flux, cash position Roughly $237.8 million in cash, equivalents, and short-term deposits with no debt as of March 2026 (verify latest filings), profitability Unprofitable, with ongoing operating losses; a multi-phase plan aims to cut cash burn (Markforged sale expected to reduce it by about $15 million a year), recent m&a Acquired Desktop Metal (later Chapter 11) and Markforged in 2025; sold Markforged to Stratasys for about $42.5 million in 2026 while keeping metal binder jetting; SSYS shows business model Industrial 3D printers plus recurring proprietary materials, primary markets Aerospace, medical, dental, automotive prototyping and tooling, revenue trend Broadly flat to declining in recent years; verify current figures, profitability Has operated around or below breakeven; verify the latest quarter.

The bottom line: NNDM vs SSYS

NNDM and SSYS are related but distinct: same themes, different businesses and risks. Neither wins in the abstract; the right pick is whichever thesis you actually believe, sized so you are not over-concentrated in one theme. Walnut can show your combined NNDM and SSYS exposure against your real portfolio. It is not an investment adviser.

Investing in Nano Dimension with AI

Connect the broker you already use and ask Walnut's AI how NNDM fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.

FAQ

What is the difference between NNDM and SSYS?

+

Nano Dimension is an additive-manufacturing company whose original niche is 3D printing for electronics: its systems print circuit boards and additive electronics, aimed at rapid prototyping and specialized production for defense, aerospace, and research customers. Stratasys designs and sells industrial 3D printers and the materials that run on them, focused on polymer additive manufacturing for prototyping, tooling and end-use parts. They show up together because they share investment themes, but they are different businesses, so the better fit depends on which thesis you are expressing.

Is NNDM or SSYS the better stock?

+

Neither is universally better. SSYS is the larger incumbent; NNDM is the smaller challenger and looks pricier on forward earnings. Walnut is informational, not investment advice. Compare what each does, the tie-breaker metrics above, and the risks, then decide which fits your thesis and what you already own.

Which is cheaper, NNDM or SSYS?

+

On forward P/E (as of July 2026), NNDM trades at 149.00x and SSYS at 44.06x, so SSYS is the cheaper of the two on next year's expected earnings. A lower multiple is not automatically the better buy: a richer valuation can be justified by faster growth, and a lower one can reflect real risk. Weigh the multiple against how fast each business is compounding.

Should you own both NNDM and SSYS?

+

Because they share themes, owning both concentrates you in that theme. That can be intentional (a focused bet) or accidental (less diversification than it looks). Walnut can show your combined exposure across both, and whether adding either over-concentrates you, before you buy.

What are the risks of NNDM vs SSYS?

+

NNDM: The central risk is that Nano Dimension is a speculative, loss-making company whose story hinges on capital allocation and restructuring rather than proven, growing profits. Its acquisition record is troubling: Desktop Metal filed for Chapter 11 bankruptcy after the deal closed, and Markforged was sold to Stratasys at a substantial loss versus what was paid, raising real questions about M&A judgment. Governance has been volatile, with activist Murchinson winning board seats, a public fight over strategy, and the CEO replaced, all of which can distract from operations and unsettle strategy. The large cash balance could be eroded by continued losses or spent on further value-destructive moves. The 3D-printing industry has repeatedly disappointed on growth, competition from Stratasys and 3D Systems is intense, and the shares have a history of sharp volatility and prior reverse-split and dilution dynamics. SSYS: The additive manufacturing industry has repeatedly grown more slowly than forecast, and Stratasys has faced years of flat or declining revenue as a result. Customer capital budgets for printers are discretionary and get deferred in a downturn. Competition comes from both low-cost entrants and from larger industrial companies, and several rival technologies address the same applications. The company has a history of restructuring and of merger processes that did not complete.

Related comparisons

Browse all stock comparisons.

Walnut is informational, not investment advice. This page is descriptive and not a recommendation to buy or sell NNDM or SSYS; figures are approximate and dated (as of July 2026). Verify current data before investing.

    NNDM vs SSYS: How Nano Dimension and Stratasys Compare (2026), Walnut