Proto Labs (NYSE:PRLB) Sets New 12-Month High – What’s Next?

Posted by Brian Himes on Jun 9th, 2026

Proto Labs, Inc. (NYSE:PRLB – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $78.68 and last traded at $76.01, with a volume of 44926 shares changing hands. The stock had previously closed at $76.14.

Wall Street Analyst Weigh In

Several research firms recently commented on PRLB. Weiss Ratings upgraded Proto Labs from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Zacks Research upgraded Proto Labs from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, Wall Street Zen upgraded Proto Labs from a “buy” rating to a “strong-buy” rating in a research note on Sunday. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $53.33.

View Our Latest Stock Analysis on Proto Labs

Proto Labs Stock Down 1.3%

The firm has a market capitalization of $1.79 billion, a P/E ratio of 70.90 and a beta of 1.39. The firm’s 50-day simple moving average is $66.79 and its 200-day simple moving average is $59.67.

Proto Labs (NYSE:PRLB – Get Free Report) last announced its earnings results on Friday, May 1st. The industrial products company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.14. The business had revenue of $139.34 million during the quarter, compared to analyst estimates of $135.31 million. Proto Labs had a net margin of 4.71% and a return on equity of 4.15%. Proto Labs’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.33 earnings per share. Proto Labs has set its Q2 2026 guidance at 0.500-0.580 EPS. As a group, analysts expect that Proto Labs, Inc. will post 1.37 EPS for the current fiscal year.

Insider Activity at Proto Labs

In related news, insider Michael R. Kenison sold 16,030 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $69.49, for a total transaction of $1,113,924.70. Following the transaction, the insider owned 18,683 shares in the company, valued at $1,298,281.67. The trade was a 46.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sven Wehrwein sold 2,000 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $77.28, for a total transaction of $154,560.00. Following the completion of the transaction, the director directly owned 32,505 shares of the company’s stock, valued at approximately $2,511,986.40. The trade was a 5.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 25,663 shares of company stock worth $1,804,727. 1.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of PRLB. Rubric Capital Management LP lifted its position in Proto Labs by 791.9% during the 2nd quarter. Rubric Capital Management LP now owns 1,034,171 shares of the industrial products company’s stock valued at $41,408,000 after acquiring an additional 918,219 shares during the period. American Capital Management Inc. grew its holdings in shares of Proto Labs by 126.0% in the fourth quarter. American Capital Management Inc. now owns 631,311 shares of the industrial products company’s stock worth $31,938,000 after acquiring an additional 352,015 shares during the period. Auto Owners Insurance Co grew its holdings in shares of Proto Labs by 4,959.0% in the fourth quarter. Auto Owners Insurance Co now owns 227,655 shares of the industrial products company’s stock worth $11,517,000 after acquiring an additional 223,155 shares during the period. Polar Asset Management Partners Inc. bought a new stake in shares of Proto Labs in the third quarter worth $6,425,000. Finally, SG Capital Management LLC bought a new stake in shares of Proto Labs in the third quarter worth $5,683,000. 84.54% of the stock is owned by hedge funds and other institutional investors.

Proto Labs Company Profile

(Get Free Report)

Proto Labs, Inc is a digital manufacturing company that offers on-demand production services for custom parts and prototypes. Utilizing technologies such as 3D printing (additive manufacturing), CNC machining and injection molding, the company transforms digital CAD designs into functional parts on accelerated timelines. Its platform-driven process combines automated quoting, rapid tool generation and manufacturing execution to serve product developers, engineers and small- to medium-sized production runs.

Founded in 1999 by Larry Lukis, Proto Labs has championed the application of digital workflows to traditional manufacturing methods.