FY2025 EPS Estimates for Xometry Lifted by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has raised its earnings estimates for Xometry's FY2025 EPS from ($0.40) to ($0.36), maintaining a "Neutral" rating with a target price of $41.00.
• Xometry reported $162.55 million in revenue for its recent quarter, surpassing estimates, and achieved an EPS of $0.09, beating the consensus estimate of $0.05.
• Analysts have varying ratings on Xometry, with most recent actions including an “outperform” rating from Citigroup and a price target increase to $50.00 from JMP Securities.

Xometry, Inc. (NASDAQ:XMTR - Free Report) - Stock analysts at Cantor Fitzgerald increased their FY2025 earnings per share (EPS) estimates for shares of Xometry in a research report issued to clients and investors on Wednesday, August 6th. Cantor Fitzgerald analyst T. Jensen now forecasts that the company will earn ($0.36) per share for the year, up from their previous forecast of ($0.40). Cantor Fitzgerald has a "Neutral" rating and a $41.00 price target on the stock. The consensus estimate for Xometry's current full-year earnings is ($0.66) per share. Cantor Fitzgerald also issued estimates for Xometry's FY2026 earnings at ($0.13) EPS.

Xometry (NASDAQ:XMTR - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.04. Xometry had a negative net margin of 10.20% and a negative return on equity of 6.79%. The firm had revenue of $162.55 million for the quarter, compared to analysts' expectations of $156.53 million. During the same quarter last year, the business earned ($0.01) earnings per share. The business's revenue was up 22.6% on a year-over-year basis.

Other research analysts also recently issued research reports about the company. JMP Securities boosted their price target on Xometry from $45.00 to $50.00 and gave the company a "market outperform" rating in a report on Wednesday, August 6th. The Goldman Sachs Group raised their price target on Xometry from $33.00 to $42.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. JPMorgan Chase & Co. boosted their price objective on shares of Xometry from $36.00 to $38.00 and gave the company an "overweight" rating in a research report on Tuesday, June 3rd. Royal Bank Of Canada lifted their target price on shares of Xometry from $32.00 to $36.00 and gave the company a "sector perform" rating in a research note on Wednesday, May 7th. Finally, UBS Group increased their price target on shares of Xometry from $35.00 to $40.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 6th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, Xometry currently has an average rating of "Moderate Buy" and an average target price of $40.44.

Xometry Trading Up 10.5%

Xometry stock traded up $4.53 during trading hours on Friday, reaching $47.57. The stock had a trading volume of 856,597 shares, compared to its average volume of 715,954. The stock has a market cap of $2.41 billion, a PE ratio of -38.53 and a beta of 0.83. The company has a fifty day simple moving average of $34.30 and a 200-day simple moving average of $30.65. The company has a debt-to-equity ratio of 1.20, a current ratio of 3.91 and a quick ratio of 3.85. Xometry has a 52 week low of $16.11 and a 52 week high of $48.60.

Institutional Trading of Xometry

A number of hedge funds have recently made changes to their positions in the stock. Rhumbline Advisers increased its holdings in shares of Xometry by 6.4% during the second quarter. Rhumbline Advisers now owns 64,574 shares of the company's stock valued at $2,182,000 after acquiring an additional 3,892 shares in the last quarter. Legal & General Group Plc lifted its stake in shares of Xometry by 4.6% in the second quarter. Legal & General Group Plc now owns 49,620 shares of the company's stock worth $1,677,000 after buying an additional 2,162 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Xometry by 0.9% during the second quarter. Geode Capital Management LLC now owns 1,084,117 shares of the company's stock valued at $36,637,000 after buying an additional 9,360 shares during the last quarter. KBC Group NV bought a new stake in shares of Xometry during the second quarter valued at approximately $55,000. Finally, Lisanti Capital Growth LLC raised its holdings in Xometry by 140.0% in the 2nd quarter. Lisanti Capital Growth LLC now owns 120,185 shares of the company's stock worth $4,061,000 after acquiring an additional 70,105 shares during the last quarter. 97.31% of the stock is owned by institutional investors.

Insider Transactions at Xometry

In other Xometry news, CEO Randolph Altschuler sold 9,332 shares of the company's stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $32.39, for a total value of $302,263.48. Following the sale, the chief executive officer owned 319,602 shares in the company, valued at approximately $10,351,908.78. This represents a 2.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 9.66% of the stock is currently owned by company insiders.

About Xometry

Xometry, Inc operates an online marketplace that enables buyers to source custom-manufactured parts and assemblies in the United States and internationally. It provides computer numerical control manufacturing, sheet metal forming, and sheet cutting; 3D printing, including fused deposition modeling, direct metal laser sintering, PolyJet, stereolithography, selective laser sintering, binder jetting, carbon digital light synthesis, multi jet fusion, and lubricant sublayer photo-curing; and die casting, stamping, injection molding, urethane casting, tube cutting, and tube bending, as well as finishing services, rapid prototyping, and high-volume production services.