Velo3D, Inc. (NASDAQ:VELO) shares are trading lower on Tuesday. The company is announcing a strategic partnership with Aurelia Technologies to enhance additive manufacturing in next-generation gas turbine systems.
• Velo3D stock is feeling bearish pressure. Why are VELO shares down?
Velo3D Partners with Aurelia On Gas Turbine Additive Manufacturing
This collaboration aims to streamline design processes and improve supply chain resilience, which is resonating positively in the market.
The partnership with Aurelia Technologies focuses on a phased additive manufacturing program that includes component feasibility evaluation and material development.
This initiative is expected to reduce production lead times and costs, showcasing Velo3D’s capabilities in advanced energy systems.
VELO Technical Analysis: Key Levels and Momentum
Currently, Velo3D’s stock price is $17.14, which is 15.3% below its 20-day simple moving average (SMA) of $20.01 but 10.6% above its 50-day SMA of $15.33. The moving average convergence divergence (MACD) is below its signal line, indicating momentum is fading, suggesting the current upside may not be sustainable unless it can regain that baseline.
Key Resistance: $18 — Nearby level where rebounds can stall, particularly as it aligns with recent pivot zones.
Key Support: $15.50 — Level where buyers previously stepped in, providing a potential safety net for the stock.
VELO Earnings Preview and Analyst Price Targets
Looking further out, the next major catalyst for the stock arrives with the Aug. 26, 2026 (estimated) earnings report.
- EPS Estimate: Loss of 35 cents
- Revenue Estimate: $12.56 million
Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $20. Recent analyst moves include:
- Lake Street: Buy (Raises target to $20 on May 13)
VELO Stock Price Activity: Velo3D shares were down 6.72% at $15.14 at the time of publication on Tuesday, according to Benzinga Pro data.
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