NEW YORK, May 23, 2026, 11:09 EDT
Velo3D shares on Nasdaq climbed 13.4% Friday, ending regular trade at $23.06. The stock added another 3.2% in after-hours, finishing at $23.80. That put the metal 3D-printing company just shy of its 52-week high ahead of the long U.S. market weekend.
Nasdaq’s regular session finished Friday, with the market closed Monday, May 25, for Memorial Day. The next full session is Tuesday. The exchange says extended-hours trading can be riskier, with more volatility and less liquidity—so prices may swing faster with fewer traders.
Traders hunted for stocks with ties to SpaceX’s coming IPO, pushing some names higher. Benzinga pointed to Velo3D’s gains as linked to both the SpaceX IPO filing and its exposure to aerospace manufacturing. Reuters said SpaceX is aiming for a $1.75 trillion valuation and would use a staggered resale setup to avoid a single big lock-up period for insiders after it lists. A lock-up is when insiders and early investors can’t sell.
Velo3D didn’t issue news of a fresh SpaceX order on Friday. On its website, the company calls itself a U.S.-based maker of laser-powder-bed metal 3D printers for aerospace, defense and energy. It mentions its tech is used for SpaceX’s reusable rockets. Additive manufacturing is making parts layer by layer instead of machining them from metal.
The stock jumped about 24% for the week from its May 15 close of $18.59. Shares fell Tuesday but picked up gains the next three days. Volume hit roughly 4.75 million on Friday, running ahead of its typical levels.
Stocks finished the week with another win. The S&P 500 added 0.4% on Friday, while the Dow picked up 0.6% and the Nasdaq Composite gained 0.2%. Small caps outperformed—the Russell 2000 rose 2.7% for the week, a move that gave speculative growth stocks a lift. U.S. indexes have now booked eight straight weekly gains.
Velo3D isn’t just a SpaceX story. On May 12, the company posted Q1 revenue of $13.8 million, up 48% from last year, with a gross margin of 17.2%. Net loss came in at $7.0 million. The company kept its 2026 revenue forecast of $60 million to $70 million and still sees EBITDA turning positive in the second half. EBITDA tracks profit before interest, tax, depreciation and amortization. CEO Arun Jeldi said the quarter was a “strong start to 2026” and a “key inflection point.” CFO Jim Suva said debt and conversions dropped outstanding debt about 70% to $9 million. Velo3D, Inc.
Lake Street analyst Jaeson Schmidt got a bit more positive on Velo3D after the results. Schmidt upped his price target to $20 from $18, sticking with a Buy. “Strong print should give investors confidence” in this year’s expected ramp, he wrote. But Velo3D’s close above $23 on Friday was already past that new target. TipRanks
Mixed signals from the peer group. A look at additive-manufacturing results put Velo3D in with 3D Systems and Stratasys, two larger 3D-printing names. 3D Systems reported first-quarter revenue of $95.5 million, and Stratasys came in at $132.7 million. Velo3D’s revenue is lower, but its Q1 growth beat both, helped by demand from defense and aerospace.
Risks remain on the table. Velo3D in its latest quarterly filing flagged “substantial doubt” about staying in business, with the company warning it might not have enough cash for another year unless it finds more funding. Cash totaled $16.6 million at March 31, and the accumulated deficit sat at $505.1 million. A prospectus dated May 18 cleared the resale of 3 million shares by a selling stockholder. Velo3D said it would not get any proceeds from those share sales. Velo3D, Inc.
That puts more weight than usual on Tuesday’s open. If it holds near the 52-week high, the SpaceX trade can keep running. But if it slips back below Friday’s close, it will start to look like a holiday-week rally rather than a new rerating.
