Xometry (NASDAQ:XMTR) Reaches New 1-Year High - What's Next?

Key Points

• Xometry shares reached a new 52-week high of $51.87, closing at $51.79, with a trading volume of 686,881 shares.
• Analyst ratings for Xometry are predominantly positive, with six analysts rating it as a Buy and an average target price of $40.44, reflecting a recent upgrade from several investment firms.
• The company reported earnings per share of $0.09 for the last quarter, exceeding estimates and marking a revenue increase of 22.6% year-on-year.

Xometry, Inc. (NASDAQ:XMTR - Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $51.87 and last traded at $51.79, with a volume of 686881 shares. The stock had previously closed at $49.68.

Analyst Upgrades and Downgrades

XMTR has been the subject of several research analyst reports. Citigroup reissued an "outperform" rating on shares of Xometry in a research note on Friday, July 11th. JMP Securities boosted their target price on Xometry from $45.00 to $50.00 and gave the stock a "market outperform" rating in a research note on Wednesday, August 6th. Cantor Fitzgerald raised Xometry from an "underweight" rating to a "neutral" rating and set a $41.00 target price for the company in a research note on Tuesday, August 5th. UBS Group boosted their target price on Xometry from $35.00 to $40.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 6th. Finally, The Goldman Sachs Group boosted their target price on Xometry from $33.00 to $42.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Xometry presently has an average rating of "Moderate Buy" and a consensus price target of $40.44.

Xometry Stock Performance

The company has a market capitalization of $2.59 billion, a P/E ratio of -41.43 and a beta of 0.87. The company has a debt-to-equity ratio of 1.20, a current ratio of 3.91 and a quick ratio of 3.85. The company has a fifty day moving average price of $41.61 and a two-hundred day moving average price of $33.01.

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

Insider Activity at Xometry

In related news, CEO Randolph Altschuler sold 9,332 shares of the company's 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 sale, the chief executive officer directly owned 319,602 shares in the company, valued at $10,351,908.78. This represents a 2.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO James Miln sold 598 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $50.25, for a total value of $30,049.50. Following the completion of the sale, the chief financial officer owned 144,115 shares in the company, valued at $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. Corporate insiders own 9.66% of the company's stock.

Institutional Trading of Xometry

Institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its holdings in Xometry by 160.1% in the first quarter. GAMMA Investing LLC now owns 1,004 shares of the company's stock valued at $25,000 after acquiring an additional 618 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in Xometry by 68.3% in the second quarter. Advisors Asset Management Inc. now owns 1,015 shares of the company's stock valued at $34,000 after acquiring an additional 412 shares during the last quarter. CWM LLC boosted its holdings in Xometry by 825.6% in the first quarter. CWM LLC now owns 1,555 shares of the company's stock valued at $39,000 after acquiring an additional 1,387 shares during the last quarter. Comerica Bank boosted its holdings in Xometry by 195.1% in the fourth quarter. Comerica Bank now owns 1,133 shares of the company's stock valued at $48,000 after acquiring an additional 749 shares during the last quarter. Finally, KBC Group NV bought a new stake in Xometry in the second quarter valued at approximately $55,000. 97.31% of the stock is currently owned by institutional investors.

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.