Xometry, Inc. (NASDAQ:XMTR) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Xometry, Inc. has received a consensus rating of “Moderate Buy” from analysts, with a target price averaging around $40.44.
• The company reported a revenue of $162.55 million for the last quarter, exceeding expectations and marking a year-over-year increase of 22.6%.
• Xometry's share price has moved significantly within the year, with a 52-week range from $16.26 to $54.16, and it opened at $53.81 recently.

Xometry, Inc. (NASDAQ:XMTR - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the nine research firms that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $40.4444.

Several research analysts recently weighed in on XMTR shares. JPMorgan Chase & Co. upped their price target on Xometry from $36.00 to $38.00 and gave the company an "overweight" rating in a research report on Tuesday, June 3rd. UBS Group upped their price target on Xometry from $35.00 to $40.00 and gave the company a "neutral" rating in a research report on Wednesday, August 6th. The Goldman Sachs Group upped their target price on Xometry from $33.00 to $42.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Cantor Fitzgerald raised Xometry from an "underweight" rating to a "neutral" rating and set a $41.00 target price on the stock in a research report on Tuesday, August 5th. Finally, Citigroup reaffirmed an "outperform" rating on shares of Xometry in a research report on Friday, July 11th.

Xometry Price Performance

NASDAQ:XMTR traded up $1.22 during trading hours on Monday, hitting $55.03. 488,116 shares of the company's stock traded hands, compared to its average volume of 700,421. Xometry has a twelve month low of $16.26 and a twelve month high of $55.14. The company has a quick ratio of 3.85, a current ratio of 3.91 and a debt-to-equity ratio of 1.20. The stock's fifty day moving average price is $43.35 and its two-hundred day moving average price is $33.94.

Xometry (NASDAQ:XMTR - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.04. The firm had revenue of $162.55 million for the quarter, compared to analyst estimates of $156.53 million. Xometry had a negative return on equity of 6.79% and a negative net margin of 10.20%.Xometry's quarterly revenue was up 22.6% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.01) earnings per share. Xometry has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Xometry will post -0.66 EPS for the current fiscal year.

Insider Activity

In other Xometry news, CFO James Miln sold 598 shares of the company's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $50.25, for a total value of $30,049.50. Following the transaction, the chief financial officer directly owned 144,115 shares of the company's stock, valued at $7,241,778.75. This represents a 0.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Randolph Altschuler sold 9,332 shares of the company's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $32.39, for a total value of $302,263.48. Following the completion of the transaction, the chief executive officer directly owned 319,602 shares in the company, valued at approximately $10,351,908.78. The trade was a 2.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 9.66% of the company's stock.

Institutional Trading of Xometry

Several large investors have recently made changes to their positions in XMTR. BNP Paribas Financial Markets bought a new stake in shares of Xometry during the 4th quarter worth about $259,000. Cetera Investment Advisers bought a new stake in shares of Xometry during the 4th quarter worth about $426,000. Deutsche Bank AG boosted its stake in shares of Xometry by 48.0% during the 4th quarter. Deutsche Bank AG now owns 37,330 shares of the company's stock worth $1,592,000 after acquiring an additional 12,109 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Xometry by 5.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,177 shares of the company's stock worth $1,031,000 after acquiring an additional 1,162 shares in the last quarter. Finally, Millennium Management LLC bought a new stake in shares of Xometry during the 4th quarter worth about $880,000. Institutional investors own 97.31% of the company's stock.

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.