Xometry (NASDAQ:XMTR) Reaches New 52-Week High - Time to Buy?

Key Points

• Xometry shares have reached a new 12-month high, trading as high as $54.74, with a recent close at $54.08, indicating strong market momentum.
• Several analysts have raised their price targets for Xometry, with an average target price of $40.44, supported by ratings of "Buy" or "Outperform" from multiple investment firms.
• Xometry reported quarterly earnings with a revenue increase of 22.6% year-over-year, surpassing consensus estimates, despite a negative net margin of 10.20%.

Xometry, Inc. (NASDAQ:XMTR - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The company traded as high as $54.74 and last traded at $54.08, with a volume of 20145 shares traded. The stock had previously closed at $53.81.

Analyst Upgrades and Downgrades

XMTR has been the topic of a number of recent research reports. JMP Securities upped their target price on shares of Xometry from $45.00 to $50.00 and gave the company a "market outperform" rating in a report on Wednesday, August 6th. Citigroup reiterated an "outperform" rating on shares of Xometry in a report on Friday, July 11th. The Goldman Sachs Group upped their target price on Xometry from $33.00 to $42.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. UBS Group lifted their price target on Xometry from $35.00 to $40.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Xometry from $36.00 to $38.00 and gave the stock an "overweight" rating in a report on Tuesday, June 3rd. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $40.44.

Xometry Trading Up 2.3%

The company has a market capitalization of $2.80 billion, a PE ratio of -44.74 and a beta of 0.87. 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 firm's 50 day simple moving average is $43.79 and its 200-day simple moving average is $34.16.

Xometry (NASDAQ:XMTR - Get Free Report) last released its quarterly 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. 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 firm's quarterly revenue was up 22.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.01) EPS. Xometry has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Xometry, Inc. will post -0.66 EPS for the current year.

Insiders Place Their Bets

In other Xometry news, CFO James Miln sold 598 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $50.25, for a total transaction of $30,049.50. Following the transaction, the chief financial officer owned 144,115 shares of the company's stock, valued at $7,241,778.75. This trade represents a 0.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Randolph Altschuler sold 9,332 shares of Xometry stock in a transaction that occurred on 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 owned 319,602 shares of the company's stock, valued at approximately $10,351,908.78. The trade was a 2.84% decrease in their position. The disclosure for this sale can be found here. 9.66% of the stock is currently owned by insiders.

Institutional Trading of Xometry

Several institutional investors have recently added to or reduced their stakes in XMTR. Federated Hermes Inc. boosted its stake in Xometry by 264.2% in the first quarter. Federated Hermes Inc. now owns 37,271 shares of the company's stock valued at $929,000 after acquiring an additional 27,036 shares during the period. Vontobel Holding Ltd. acquired a new position in Xometry during the 1st quarter valued at approximately $420,000. GAMMA Investing LLC increased its position in Xometry by 6,381.9% in the first quarter. GAMMA Investing LLC now owns 25,020 shares of the company's stock worth $623,000 after buying an additional 24,634 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Xometry by 259.0% during the first quarter. SG Americas Securities LLC now owns 50,035 shares of the company's stock valued at $1,247,000 after acquiring an additional 36,097 shares during the period. Finally, BNP Paribas Financial Markets bought a new position in shares of Xometry during the fourth quarter worth about $259,000. 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.