NNDM vs SSYS: Which Is the Better Buy in 2026?

Last updated October 2026

Short answer

NNDM and SSYS are similarly sized, but SSYS trades noticeably cheaper on forward earnings (37.01x vs 141.00x): the market is paying up for NNDM's profile and pricing SSYS more conservatively, or for faster growth. Which you prefer comes down to the drivers you believe, and whether adding either over-concentrates what you already own.

NNDM vs SSYS: the tie-breaker metrics

Same yardstick, side by side (as of October 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.

Metric	NNDM	SSYS	What it tells you
Market cap	$594.10M	$607.85M	Size. The larger name is the incumbent; the smaller has more room to grow and more to prove.
Forward P/E	141.00	37.01	Valuation on next year's expected earnings, the same yardstick for both. Lower is cheaper for that growth; higher means the market is paying up.
Beta	1.00	1.99	Volatility 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 range	19% of range	2% of range	Where 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 / book	0.62	0.74	How 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: at June 30, 2026 it reported about $433.3 million of cash, equivalents, deposits and marketable equity securities (including $349.1 million of cash and equivalents and $83.0 million of marketable securities), down from $441.6 million at March 31, against only ~$27 million of debt. That war chest, which could fund restructuring, a capital return, or further deals, is the core of the investment case.

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. It is listed on Nasdaq, employs about 1,760 people, and sells into aerospace, defense, automotive, healthcare and dental customers.

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, then simplification.
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, from about $651 million in 2022 to about $551 million in 2025.

NNDM or SSYS: which should you pick?

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 and drawn from the Q2 2026 report and Yahoo Finance as of October 16, 2026; verify live numbers in the latest SEC filings. Because Nano Dimension is unprofitable, earnings multiples are not meaningful, and many investors instead watch its market value versus its net cash: at about $605 million, the market cap sits roughly $200 million above the ~$406 million of net cash and securities, yet the stock trades at about 0.6 times book value. Governance, the pending Markforged close, any capital return decision, and cash-burn progress tend to move the stock far more than any conventional valuation metric.

SSYS. At about $7 a share in October 2026 Stratasys is valued near 1.1 times sales and below book value, with roughly a third of the market cap covered by net cash. No trailing P/E exists because GAAP earnings are negative, and the forward multiple near 38 rests on a thin adjusted EPS estimate of about $0.19 for 2027. Q3 2026 results on November 12 will show whether the expected return to revenue growth is arriving; the mean target of three covering analysts is about $12.

Headline figures (approximate, October 2026): NNDM shows revenue (ttm) ~$121 million (Q2 2026: ~$29.0 million, +12% YoY), gross margin (q2 2026) ~45.9% GAAP, up from ~27.3%, net income (ttm) ~-$140 million, cash, deposits and securities (june 30, 2026) ~$433 million (debt ~$27 million); SSYS shows revenue (ttm) ~$547 million, revenue growth (q2 2026, yoy) ~flat (-0.3%), gross / operating margin ~42% / ~-9%, net income (ttm) ~-$115 million.

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.

Wondering how NNDM or SSYS fits the portfolio you already own? Walnut is an AI investing app that connects your brokerage read-only and answers questions like that about your actual holdings: overlap, concentration, and how each position tracks the S&P 500. Compare the best AI portfolio analyzers or see the best AI investing apps in 2026.

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.

Does NNDM fit me?

FAQ

What is the difference between NNDM and SSYS?

Is NNDM or SSYS the better stock?

Neither is universally better; they suit different views and risk levels. 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 October 2026), NNDM trades at 141.00x and SSYS at 37.01x, 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. Trailing net loss was about $140 million on roughly $121 million of revenue. Its acquisition record is troubling: Desktop Metal filed for Chapter 11 bankruptcy after the deal closed, and Markforged is being sold to Stratasys at a substantial loss versus what was paid, raising real questions about M&A judgment. The Markforged sale has not yet closed and depends on closing conditions and regulatory approvals. Governance has been volatile, with years of activist conflict, a reconstituted board and an interim rather than permanent CEO, all of which can distract from operations and unsettle strategy. The cash balance could be eroded by continued losses or spent on further value-destructive moves, and about $83 million of it sits in marketable equity securities whose value can move. Guidance is suspended, no analysts publish estimates on Yahoo Finance, and the next report (estimated around November 5, 2026) is the main scheduled update. 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, from about $651 million in 2022 to about $551 million in 2025. Customer capital budgets for printers are discretionary and get deferred in a downturn. The company still loses money on a GAAP basis (a trailing net loss of about $115 million and an operating margin near -9%), so a stalled recovery would eat into the cash balance over time. 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, and the share price, near a 52-week low in October 2026, shows how little the market is currently willing to pay for a turnaround.

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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 October 2026). Verify current data before investing.