# Velo3D (VELO.US)

Canonical: https://gigainvestors.com/s/VELO

Analysis as of: 2026-10-16T07:32:50.840Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $7.47 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Dan Davidowitz](https://gigainvestors.com/pcm): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 69% since May 2026

Story as of 2026-10-16T10:01:29.646Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in computer hardware; annual sales are USD 46 million.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2022-03-29); FY2025: revenue 45973000; grossProfit -7404000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-05); VELO.US: Velo3D, Inc. produces and sells metal additive three-dimensional printers in the Americas, Europe, and internationally. Its printers enable the production of components for space rockets, jet engines, fuel delivery systems, and other metal parts. The company also offers Flow, a proprietary software platform, which scans part designs for geometrical features; Sapphire, Sapphire 1MZ, Sapphire XC, and Sapphire XC 1MZ printers; Assure, a quality assurance software platform; Developer, a new version of print preparation software that turns traditional design files into print files; and Intelligent Fusion, the underlying manufacturing process that binds and facilitates all aspects of the Velo3D fully integrated solution. It serves companies in the space, aviation, defense, automotive, energy, and industrial markets. The company was founded in 2014 and is headquartered in Fremont, California. Velo3D, Inc. operates as a subsidiary of Arrayed Additive inc.

### Where the cash goes

Paid no dividends in 1 year.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2022-03-29); FY2025: growth capex 0; upkeep 2715000; owner earnings 3443923000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2022-03-29); Dividend observations: [[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 43.7% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-05); VELO.US SharesStats.PercentInsiders = 43.652 percentage points; cache date 2026-10-05.

### What the price says

The price is 3.5 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2022-03-29); Closing price 7.47 USD; reporting-to-trading FX 1; FY2025 annual sales per share 2.159350311410884; price multiple 3.459373849868401. FY2025 cash earnings/share 161.76095104789997. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2021-01: $10.66 per share

- 2021-02: $10.75 per share

- 2021-03: $10.25 per share

- 2021-04: $10.26 per share

- 2021-05: $10.00 per share

- 2021-06: $10.01 per share

- 2021-07: $9.95 per share

- 2021-08: $9.96 per share

- 2021-09: $8.37 per share

- 2021-10: $10.29 per share

- 2021-11: $10.77 per share

- 2021-12: $7.81 per share

- 2022-01: $6.45 per share

- 2022-02: $8.13 per share

- 2022-03: $9.31 per share

- 2022-04: $3.50 per share

- 2022-05: $2.46 per share

- 2022-06: $1.38 per share

- 2022-07: $3.21 per share

- 2022-08: $4.31 per share

- 2022-09: $3.94 per share

- 2022-10: $3.94 per share

- 2022-11: $2.03 per share

- 2022-12: $1.79 per share

- 2023-01: $2.40 per share

- 2023-02: $3.17 per share

- 2023-03: $2.27 per share

- 2023-04: $2.34 per share

- 2023-05: $1.93 per share

- 2023-06: $2.16 per share

- 2023-07: $2.29 per share

- 2023-08: $1.58 per share

- 2023-09: $1.56 per share

- 2023-10: $1.32 per share

- 2023-11: $0.97 per share

- 2023-12: $0.40 per share

- 2024-01: $0.31 per share

- 2024-02: $0.27 per share

- 2024-03: $0.46 per share

- 2024-04: $0.27 per share

- 2024-05: $0.15 per share

- 2024-06: $3.32 per share

- 2024-07: $2.61 per share

- 2024-08: $1.24 per share

- 2024-09: $0.72 per share

- 2024-10: $1.01 per share

- 2024-11: $1.34 per share

- 2024-12: $0.68 per share

- 2025-01: $1.31 per share

- 2025-02: $0.22 per share

- 2025-03: $0.17 per share

- 2025-04: $0.43 per share

- 2025-05: $0.50 per share

- 2025-06: $0.48 per share

- 2025-07: $6.61 per share

- 2025-08: $4.31 per share

- 2025-09: $3.07 per share

- 2025-10: $5.55 per share

- 2025-11: $5.35 per share

- 2025-12: $13.74 per share

- 2026-01: $13.17 per share

- 2026-02: $10.18 per share

- 2026-03: $9.39 per share

- 2026-04: $14.01 per share

- 2026-05: $24.01 per share

- 2026-06: $17.55 per share

- 2026-07: $10.13 per share

- 2026-08: $11.91 per share

- 2026-09: $10.89 per share

- 2026-10: $7.47 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1832371/000121390022015842/f10k2021_velocityacq.htm); period 2021-12-31, filed 2022-03-29.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [Dan Davidowitz](https://gigainvestors.com/pcm): 74,422 VELO shares; USD 1,306,000 reported position value; 0.01% of portfolio; add; quarter 2026 Q2.

# VELO — Velo3d Inc

Held by 1 investor · USD 1,306,000 total · 2026 Q2 · reported price USD 17.55 (split-adjusted).
Page: https://gigainvestors.com/s/VELO

## Holders (2026 Q2)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Dan Davidowitz (https://gigainvestors.com/pcm) | USD 1,306,000 | <0.1% | add +21.14% |

## Total held by quarter

- 2025 Q4: USD 548,171 · 1 holder · USD 13.74
- 2026 Q1: USD 576,856 · 1 holder · USD 9.39
- 2026 Q2: USD 1,306,000 · 1 holder · USD 17.55