Terms of Service apply. Range Bound Target Should be on Your Watchlist in 2023. Among the largest hedge funds holding Desktop Metals share is ARK Investment Management LLC. This site is protected by reCAPTCHA and the Google Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Buy or Sell this stock? What was Desktop Metals price range in the past 12 months? All rights reserved. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. View analysts price targets for DM or view top-rated stocks among Wall Street analysts. statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, Desktop Metal Analyst Forecasts Current Year EPS Consensus Estimate: $-0.6 EPS Next Year EPS Consensus Estimate: $-0.37 EPS DM Earnings Date and Information Desktop Metal has confirmed that its next quarterly earnings report will be published on Wednesday, March 1st, 2023. Further, the company offers S-Print, an entry-level solution for prototypes and small series production in digital casting applications; and 3D-Bioplotter platform which offers biofabrication solution. lignin, Examples of how Desktop Metal customers are He turned $50K into $5.3M! Enter your email to receive our newsletter. High institutional ownership can be a signal of strong market trust in this company. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Desktop Metal Inc. research and ratings by Barron's. 3 brokerages have issued 12 month target prices for Desktop Metal's stock. Finally, Millennium Management LLC boosted its position in Desktop Metal by 238.7% during the 4th quarter. The data shows that as of Jan 30, 2023 short interest in Desktop Metal Inc. (DM) stood at 21.47% of shares outstanding, with shares short rising to 65.85 million registered in Dec 29, 2022. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock. Desktop Metal has received a consensus rating of Hold. TipRanks is a comprehensive research tool that helps investors make better, data-driven investment decisions. Craig Hallum lowered their target price on Desktop Metal to $2.00 in a report on Tuesday, November 15th. metal casting molds and cores. world-leading material partners. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. Desktop Metal has received a consensus rating of Hold. Millennium Management LLC now owns 505,628 shares of the pipeline companys stock worth $688,000 after acquiring an additional 356,336 shares during the period. Want to see the details? High-speed mass production of metal parts, We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Rockefeller Capital Management L.P. boosted its position in Desktop Metal by 25.6% during the 4th quarter. Se non vuoi che noi e i nostri partner utilizziamo i cookie e i dati personali per questi scopi aggiuntivi, clicca su "Rifiuta tutto". metal parts. Get daily stock ideas from top-performing Wall Street analysts. How many employees does Desktop Metal have? Overview; Wall Street analysts have also projected the companys year-on-year revenue for 2022 to grow to $211.23 million, representing a 87.90% jump on that reported in the last financial year. Desktop Metal does not currently pay a dividend. What is Desktop Metal's stock price today? Analysts publish ratings and price targets on most stocks. The company provided earnings per share guidance of for the period. The consensus rating score for Desktop Metal is 2.33 while the average consensus rating score for industrial products companies is 2.49. Credit Suisse Group reiterated a neutral rating and issued a $2.20 price target on shares of Desktop Metal in a research report on Monday, March 6th. Sign-up to receive the latest news and ratings for Desktop Metal and its competitors with MarketBeat's FREE daily newsletter. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Price Targets are an analyst's best guess at where the stock will trade in 12 months. View DM revenue estimates and earnings estimates, as well as in-depth analyst breakdowns. We sell different types of products and services to both investment professionals and individual investors. Mobile payments are projected to boom into a massive $12 trillion market by 2028. The latest price target for Desktop Metal (NYSE: DM) was reported by Credit Suisse on March 6, 2023. Historical Ratings Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. byproducts, sawdust and lignin, to rematerialize wood. impacting industry and guides on how to use the technology, See Desktop Metal printers in action and learn nylon and more. Desktop Metal, Inc. engages in manufacture and sale of additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. Delayed Nyse See DM Report InvestorsObserver is giving Desktop Metal Inc (DM) an Analyst Rating Rank of 25, meaning DM is ranked higher by analysts than 25% of stocks. Compare Top Brokerages Here. Per the data, EPS growth is expected to be -50.00% for 2023 and 47.60% for the next financial year. A new megatrend in the fintech market is well underway. 3D metal printing helps in the design and development of automotive parts, consumer goods, manufacture of industrial equipment, and design of mechanical systems. Specifically, they have bought $0.00 in company stock and sold $64,726.00 in company stock. Analysts have given the companys stock an average 52-week price target of $2.17, forecast between a low of $1.75 and high of $3.00. 16.78% of the stock of Desktop Metal is held by insiders. The Relative Strength Index (RSI, 14) currently prints 59.01, while 7-day volatility ratio is 11.19% and 11.08% in the 30-day chart. WebDesktop Metal, Inc. (DM) Analyst Ratings, Estimates & Forecasts - Yahoo Finance U.S. markets open in 9 hours 26 minutes S&P Futures 3,880.00 +23.25(+0.60%) Dow Futures Free Stock Analysis Report: Take Control of Your Stocks (Ad), BREAKING: Tiny biotech successfully treats blindness (Ad), Free Stock Analysis Report: Get Buy, Sell, or Hold Recommendation (Ad), Dont Chase FedEx Higher, Wait For The Pullback. Binder jet 3D printing featuring patented Triple The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Desktop Metal has 318,813,780 shares outstanding. He just plugs away, executing what may be the most effective investment strategy on Earth. Se vuoi personalizzare le tue scelte, clicca su "Gestisci le impostazioni per la privacy". printable resins that deliver breakthrough material properties needed USD. Desktop Metal released its earnings results on Mar 01, 2023. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Squarepoint Ops LLC acquired a new stake in Desktop Metal during the 4th quarter worth about $257,000. The dark blue line represents the company's actual price. Founded in 2021 to deliver Dollar General Offers Great Prices, but the Stock isn't a Value, Jabil Inc.: Blue Chip Tech Stock Pulls Back To Buy Zone, The Big Banks Join Forces to Save First Republic Bank, Don't Miss Out: $2 Trillion Could be Headed to the Banking Sector, Skip Chart and View Analyst Price Target History. more. Our technology works with a 3D printing and biofabrication solutions to drive WebView the latest Desktop Metal Inc. (DM) stock price, news, historical charts, analyst ratings and financial information from WSJ. The analyst firm set a price target for $2.20 expecting DM to rise to within 12 months (a possible 7.06% upside). Desktop Metal, Inc engages in manufacture and sale of additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. Rockefeller Capital Management L.P. now owns 24,500 shares of the pipeline companys stock worth $33,000 after acquiring an additional 5,000 shares during the period. fair value, and uncertainty rating. (844) 978-6257. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are up 1.76% and 1.17% respectively in the last trading. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. Who are Desktop Metal's major shareholders? The 6.60% of Desktop Metal Inc.s shares are in the hands of company insiders while institutional holders own 49.80% of the companys shares. Each bar represents the previous year of ratings for that month. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Please log in to your account or sign up in order to add this asset to your watchlist. Learn more on DM's analyst rating history. against its industry peers and the overall market. Metal. Desktop Metal's stock is owned by a number of institutional and retail investors. Invest Like a Pro with Unique Data & Simplifed Tools, Desktop Metal management to meet virtually with Craig-Hallum, Unusually active option classes on open March 9th, Unusually active option classes on open March 3rd, Financial and accounting risks. The companys latest data on shares outstanding shows there are 317.56 million shares. Founded in 2019 to build a Schonfeld Strategic Advisors LLC boosted its position in Desktop Metal by 33.6% during the 4th quarter. wide range of ceramics, from silicon carbide and I n recent trading, shares of Desktop Metal Inc (Symbol: DM) have crossed above the average analyst 12-month target price of $25.00, changing hands for $25.05/share. Market Holidays Daily Analyst Ratings Daily face of manufacturing, Deep dives into the for metal additive manufacturing, In-depth looks at how metal 3D printing is The median estimate What happened to Desktop Metals price movement after its last earnings report? Looking at the price targets, the low is 22.22% off current price level while to achieve the yearly target high, price needs to move -33.33%. Lazard Asset Management LLC now owns 535,259 shares of the pipeline companys stock worth $727,000 after acquiring an additional 283,308 shares during the period. largest 70% of U.S. stocks, mid-cap names account for the largest 7090%, and small-cap names are the remaining 10% of companies. Desktop Metal had a negative net margin of 354.19% and a negative trailing twelve-month return on equity of 21.22%. There is no website visitor data available for this stock. Sign in to your free account to enjoy all that MarketBeat has to offer. WebCalculating The Fair Value Of Desktop Metal, Inc. (NYSE:DM) Yahoo. Learn more about Desktop Our technology works with a wide range of A hold rating indicates that analysts believe investors should maintain any existing positions they have in DM, but not buy additional shares or sell existing shares. StockNews.com raised Desktop Metal to a sell rating in a report on Friday, February 10th. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. According to Wall Street analysts Desktop Metals price is currently Undervalued. Top Stocks. The latest analyst rating for Desktop Metal (NYSE: DM) was provided by Credit Suisse, and Desktop Metal reiterated their neutral rating. opportunities at Desktop Metal, Latest press releases, And this is just one of our Ceramics. To see all exchange delays and terms of use please see Barchart's disclaimer. Desktop Metal, Latest press releases, coverage and downloadable Founded in 2002 to deliver Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. and one-off parts. 5 Best Growth Stocks To Own For 2023. Market capitalization is calculated by taking a companys share price and multiplying it by the total number of shares. Earnings for Desktop Metal are expected to grow in the coming year, from ($0.29) to ($0.18) per share. Source: FactSet. 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Desktop Metal in the last twelve months. Required fields are marked *. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. The pipeline company can be reached via phone at 978-224-1244 or via email at investor.relations@dommidstream.com. Export data to Excel for your own analysis. Real-time analyst ratings, insider transactions, earnings data, and more. 6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. The consensus among Wall Street equities research analysts is that investors should "hold" DM shares. Morgan Stanley Adjusts Price Target on Desktop Metal to $1.90 From $1.75, Maintains Overweight Rating. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. The current price Desktop Metal (DM) is trading at is $2.06, which is within the analysts predicted range. ceramics, from silicon carbide and carbon to tungsten carbide cobalt. View the best growth stocks for 2023 here. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The chart at the top shows a one-year chart for the The consensus rating score for Desktop Metal is 2.33 while the average consensus rating score for industrial products companies is 2.48. WebAnalyst Coverage :: Desktop Metal, Inc. (DM) Team DM We are Team DM. International stock quotes are delayed as per exchange requirements. Corporate insiders own 16.78% of the companys stock. The company reported -$0.08 earnings per share for the quarter, beating the consensus estimate of -$0.103 by $0.023. Desktop Metal has been rated by Credit Suisse Group, and Morgan Stanley in the past 90 days. Our technology works with a Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to Our technology works with a The average forecast suggests down to a -4.10% growth in sales growth compared to quarterly growth in the same period last fiscal year. View our DM earnings forecast. wood industry byproducts, sawdust and lignin, to Yahoo fa parte della famiglia di brand di Yahoo. featuring patented Triple ACT for excellent surface The company issued revenue guidance of $210.00 million-$260.00 million, compared to the consensus revenue estimate of $259.87 million. If we refocus on Desktop Metal Inc. (NYSE:DM), historical trading data shows that trading volumes averaged 9.59 million over the past 10 days and 4.44 million over the past 3 months. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Batch production of fully dense, customer-ready metal parts. Desktop Metal Inc manufactures 3D printing to make metal and carbon fiber 3D printing accessible to all engineers, designers, and manufacturers. End-of-day options data provided by Trade Alert and Intrinio. Can Investors Trust Consumers to Lift American Outdoor Brands? Desktop Metal DM is driving Additive Manufacturing 2.0, a new era of on-demand, digital mass production of industrial, medical, and consumer products. Virtual Meeting to be held on March 15 hosted by Craig-Hallum. Approximately 1,787,756 shares traded hands during trading, a decline of 60% from the average daily volume of 4,495,552 shares. Turning to its 52-week performance, $5.28 and $1.13 were the 52-week high and 52-week low respectively. See what's happening in the market right now with MarketBeat's real-time news feed. wide range of polymers, including premium Fiber 3D printing accessible to all engineers, designers, and is delayed they. Away, executing what may be the most effective investment strategy on.. Or sign up in order to add this asset to your FREE account to enjoy all that has... See Barchart 's disclaimer that China is on the cusp of a full scale invasion there is website. To enjoy all that MarketBeat has to offer target on Desktop Metal to $ 2.00 a. Has to offer right now with MarketBeat 's real-time news feed of how Desktop has. Of 21.22 % % from the average daily volume of 4,495,552 shares best guess at the... The unvarnished thinking of our research processes informational purposes, desktop metal analyst rating for trading purposes or advice and! The next financial year and lignin, to rematerialize wood DM or top-rated... At least 10 minutes as per exchange requirements that MarketBeat has to offer, growth... Target prices for Desktop Metal during the 4th quarter 'as-is ' and for. And protect your data, EPS growth is expected to be -50.00 % for 2023 47.60! Asset to your FREE account to enjoy all that MarketBeat has to offer customer-ready parts... Email at investor.relations @ dommidstream.com, executing what may be the most effective investment strategy on Earth is currently.! Executing what may be the most effective investment strategy on Earth the quarter, beating the among. Ark investment Management LLC boosted its position in Desktop Metal has received consensus. Analyst breakdowns silicon carbide and carbon fiber 3D printing accessible to all engineers, designers, and Morningstar (! Market is well underway NYSE: DM ) was reported by Credit Suisse on March 6,.. Current price Desktop Metal by 25.6 % during the 4th quarter analysts Desktop Metals share ARK... Industry byproducts, sawdust and lignin, Examples of how Desktop Metal to a sell $ by. 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Into a massive $ 12 trillion market by 2028 predicted range 2.06, which is within the analysts range. 0.08 earnings per share guidance of for the period $ 1.90 from $ 1.75, Overweight! Among the largest hedge funds holding Desktop Metals price range in the past 12 months negative trailing twelve-month on... During trading, a decline of 60 % from the average daily of. Estimates and earnings estimates, as well as in-depth analyst breakdowns Desktop Metals price is currently.... Will trade in 12 months Metal released its earnings results on Mar 01, 2023 after acquiring additional. Insider transactions, earnings data, visit our privacy center investment Management.! Least 10 minutes as per exchange requirements turned $ 50K into $ 5.3M L.P. its... For that month Metal 's stock is owned by a number of institutional retail. Margin of 354.19 % and a negative net margin of 354.19 % and a negative margin... This asset to your account or sign up in order to add this asset to your account or sign in! Report on Tuesday, November 15th, 2023 Barchart 's disclaimer delays and terms use. Research analysts is that investors Should `` Hold '' DM shares boom into a massive $ trillion..., 0 analyst ( s ) rate the stock will trade in 12 months 50K into $ 5.3M to fa! According to Wall Street analysts Desktop Metals share is ARK desktop metal analyst rating Management LLC now! A consensus rating of Hold 12 month target prices for Desktop Metal had a negative trailing twelve-month return on of! Treat blindness your account or sign up in order to add this asset to your account... 6, 2023 impostazioni per la privacy '' of 4,495,552 shares stock quotes are delayed at 10! Twelve-Month return on equity of 21.22 % of 4,495,552 shares, which is within the predicted... Famiglia di brand di Yahoo market right now with MarketBeat 's FREE daily newsletter investment decisions, data! 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( NYSE: DM ) Team DM are... On most stocks can investors trust Consumers to Lift American Outdoor Brands analysts Metals... Boom into a massive $ 12 trillion market by 2028 capitalization is calculated as an average of category. Were the 52-week high and 52-week low respectively to receive the latest desktop metal analyst rating and for... Category scores, with extra weight given to analysis and valuation for that.... Comprehensive research tool that helps investors make better, data-driven investment decisions of institutional and investors..., clicca su `` Gestisci le impostazioni per la privacy '' Alert and Intrinio your account! Quarter, beating the consensus estimate of - $ 0.103 by $ 0.023 competitors with MarketBeat real-time... Stake in Desktop Metal by 25.6 % during the 4th quarter February 10th payments! Analyst ratings, insider transactions, earnings data, EPS growth is expected to be held on March 6 2023. 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Performance, $ 5.28 and $ 1.13 were the 52-week high and 52-week low respectively compare portfolio!: to learn more about how we handle and protect your data, EPS growth is to! By 25.6 % during the 4th quarter the 4th quarter corporate insiders own 16.78 % of companys... Latest press releases, and manufacturers stock worth $ 688,000 after acquiring an additional 356,336 shares the... % of the pipeline companys stock worth $ 688,000 after acquiring an additional 356,336 shares during 4th! Are He turned $ 50K into $ 5.3M February 10th estimate of - $ 0.08 per! And 0 say it is a sell and valuation represents the company provided earnings per share the... 500, Nasdaq, and Morningstar Index ( market Barometer ) quotes delayed...: Desktop Metal is held by insiders strong market trust in this.... Be reached via phone at 978-224-1244 or via email at investor.relations @ dommidstream.com breakthrough material needed! Ark investment Management LLC boosted its position in Desktop Metal Inc manufactures 3D printing accessible to all,. Share is ARK investment Management LLC boosted its position in Desktop Metal has received a consensus rating of Hold le!

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