Velo3D, Inc. (NYSE: VELO) reported third-quarter 2026 revenue of $20.5 million, up 49.9% from a year ago, as the company continued to show top-line improvement. Gross profit climbed sharply to $5.4 million, reflecting much stronger profitability at the production level.
Despite the revenue gains, Velo3D remained unprofitable. Operating loss was $17.3 million, while net loss attributable to common shareholders came in at $16.7 million. Diluted loss per share was $0.52.
Cash generation also stayed under pressure, with operating cash flow of -$12.7 million. The company ended the quarter with $75.7 million in cash and cash equivalents, though total liabilities rose to $115.0 million.
- Revenue: $20.5 million, up 49.9% year over year
- Gross profit: $5.4 million, up sharply from last year
- Operating loss: $17.3 million
- Net loss: $16.7 million
- Cash and cash equivalents: $75.7 million
The stock fell 9.1% after the market close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Velo3D, Inc. Hedge Fund Activity
We have seen 78 institutional investors add shares of Velo3D, Inc. stock to their portfolio, and 54 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 1,120,879 shares (+430.8%) to their portfolio in Q2 2026, for an estimated $19,671,426
- TIDAL INVESTMENTS LLC added 760,262 shares (+inf%) to their portfolio in Q2 2026, for an estimated $13,342,598
- AWM INVESTMENT COMPANY, INC. removed 656,216 shares (-33.2%) from their portfolio in Q2 2026, for an estimated $11,516,590
- NEXT CENTURY GROWTH INVESTORS LLC added 553,356 shares (+inf%) to their portfolio in Q2 2026, for an estimated $9,711,397
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 552,329 shares (+2373.5%) to their portfolio in Q2 2026, for an estimated $9,693,373
- MILLENNIUM MANAGEMENT LLC removed 364,622 shares (-54.6%) from their portfolio in Q2 2026, for an estimated $6,399,116
- GHISALLO CAPITAL MANAGEMENT LLC added 200,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,510,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Velo3D, Inc. Price Targets
Multiple analysts have issued price targets for $VELO recently. We have seen 2 analysts offer price targets for $VELO in the last 6 months, with a median target of $25.0.
Here are some recent targets:
- Ryan Tunis from Cantor Fitzgerald set a target price of $17.0 on 07/09/2026
- Austin Bohlig from Needham set a target price of $33.0 on 06/25/2026
