5 3D Printing Companies to Watch in 2022

4. HP Inc. (NYSE:HPQ)

Number of Hedge Fund Holders: 34

With a market cap of roughly $41 billion, HP Inc. (NYSE:HPQ) is a tech giant that dabbles in many fields, and has done so quite successfully in 3D printing over recent years. The company’s Multi Jet Fusion technology is a ground-breaker that prints 10 times faster and at half the cost of conventional 3D printers. In 2017 the company unveiled a ‘world-first’ 3D Open Materials and Applications Lab in Oregon, USA, which will help companies test, develop and deliver the next generation of materials for 3D printing.

HP Inc. (NYSE:HPQ) has also been collaborating with automaker Ford Motor Company (NYSE:F), working on a variety of 3D printed accessories for the 2022 Ford Maverick truck. Both companies have also entered into a sustainability partnership which is aimed at reusing 3D printed materials and converting them into vehicle parts. Other collaborative projects are underway with General Motors (NYSE:GM), Volkswagen and Nissan.

On November 24, Evercore ISI analyst Amit Daryanani maintained an ‘Outperform’ rating on HP Inc. (NYSE:HPQ) shares, raising the price target to $40 from $35.