AML3D Keeps Bull Despite Moderated Revenue Forecasts

Dow Jones
Jul 28

0050 GMT - AML3D keeps its bull at Shaw & Partners despite a moderation in FY 2027 revenue expectations. Analyst Larry Gandler cuts his FY 2027 revenue forecast by 33% to 20 million Australian dollars on news that the additive-manufacturing company's A$9.9 million Newport News contract is structured as a lease rather than a capital sale. As a result, Gandler now reckons the Australian company will hit A$100 million in annual revenue in FY 2032, two years later than he previously forecast. However, he tells clients in a note that FY 2026 performance was in line with his expectations and keeps a buy rating on the stock. Shaw & Partners' target price falls 25% to A$0.30. Shares are down 1.0% at A$0.097. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

July 27, 2026 20:50 ET (00:50 GMT)

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