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

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.

Shares of Xometry, Inc. (NASDAQ:XMTR - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the nine ratings firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $40.4444.

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

Xometry Stock Up 2.6%

Xometry stock opened at $53.81 on Monday. 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 fifty-two week low of $16.26 and a fifty-two week high of $54.16. The company's 50 day simple moving average is $43.35 and its 200 day simple moving average is $33.94. The firm has a market capitalization of $2.73 billion, a price-to-earnings ratio of -43.75 and a beta of 0.87.

Xometry (NASDAQ:XMTR - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.09 EPS 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 the consensus estimate of $156.53 million. Xometry had a negative net margin of 10.20% and a negative return on equity of 6.79%. The company's quarterly revenue was up 22.6% on a year-over-year basis. During the same period in the previous year, the company earned ($0.01) earnings per share. Xometry has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Xometry will post -0.66 EPS for the current year.

Insider Buying and Selling at Xometry

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

Hedge Funds Weigh In On Xometry

Institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. lifted its position in Xometry by 27.2% during the 2nd quarter. Osaic Holdings Inc. now owns 4,438 shares of the company's stock worth $150,000 after buying an additional 948 shares in the last quarter. Centaurus Financial Inc. acquired a new position in Xometry during the 2nd quarter worth about $117,000. Squarepoint Ops LLC lifted its position in Xometry by 33.9% during the 2nd quarter. Squarepoint Ops LLC now owns 183,799 shares of the company's stock worth $6,211,000 after buying an additional 46,502 shares in the last quarter. Sylebra Capital LLC lifted its position in Xometry by 9.6% during the 2nd quarter. Sylebra Capital LLC now owns 2,062,157 shares of the company's stock worth $69,680,000 after buying an additional 180,533 shares in the last quarter. Finally, Castleark Management LLC bought a new stake in Xometry during the 2nd quarter worth about $4,340,000. Institutional investors own 97.31% of the company's stock.

Xometry Company Profile

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.

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