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

Key Points

• Xometry's stock reached a new 52-week high of $51.68 during trading, closing last at $51.00 after over 1.26 million shares changed hands.
• Analyst upgrades reflect positive outlooks, with ratings ranging from "neutral" to "market outperform," and a consensus price target of $40.44.
• During its latest quarter, Xometry reported earnings of $0.09 per share, exceeding estimates, with a revenue increase of 22.6% year-over-year.

Xometry, Inc. (NASDAQ:XMTR - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $51.68 and last traded at $51.00, with a volume of 1266201 shares changing hands. The stock had previously closed at $49.48.

Analyst Upgrades and Downgrades

XMTR has been the topic of a number of recent analyst reports. Cantor Fitzgerald upgraded shares of Xometry from an "underweight" rating to a "neutral" rating and set a $41.00 target price on the stock in a research note on Tuesday, August 5th. Royal Bank Of Canada upped 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. Citigroup restated an "outperform" rating on shares of Xometry in a research note on Friday, July 11th. 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 research note on Wednesday, August 6th. Finally, JPMorgan Chase & Co. upped their target price on shares of Xometry from $36.00 to $38.00 and gave the company an "overweight" rating in a research note on Tuesday, June 3rd. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Xometry has a consensus rating of "Moderate Buy" and an average price target of $40.44.

Xometry Trading Up 3.1%

The company has a current ratio of 3.91, a quick ratio of 3.85 and a debt-to-equity ratio of 1.20. The business's 50-day moving average is $39.00 and its two-hundred day moving average is $32.07. The firm has a market cap of $2.59 billion, a P/E ratio of -41.46 and a beta of 0.87.

Xometry (NASDAQ:XMTR - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates 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 business had revenue of $162.55 million during the quarter, compared to the consensus estimate of $156.53 million. During the same quarter in the prior year, the firm earned ($0.01) EPS. The company's revenue for the quarter was up 22.6% compared to the same quarter last year. Xometry has set its Q3 2025 guidance at EPS. As a group, analysts expect that Xometry, Inc. will post -0.66 earnings per share for the current fiscal year.

Insider Buying and Selling at Xometry

In related news, CEO Randolph Altschuler sold 9,332 shares of the business's stock in a transaction dated 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 owned 319,602 shares of the company's stock, valued at $10,351,908.78. This represents a 2.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 9.66% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Corebridge Financial Inc. grew its position in Xometry by 1.6% in the 1st quarter. Corebridge Financial Inc. now owns 21,481 shares of the company's stock worth $535,000 after purchasing an additional 348 shares during the last quarter. Advisors Asset Management Inc. grew its position in Xometry by 68.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,015 shares of the company's stock worth $34,000 after purchasing an additional 412 shares during the last quarter. Zevenbergen Capital Investments LLC grew its position in Xometry by 5.1% in the 1st quarter. Zevenbergen Capital Investments LLC now owns 10,250 shares of the company's stock worth $255,000 after purchasing an additional 500 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Xometry by 3.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 20,615 shares of the company's stock worth $697,000 after purchasing an additional 608 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in Xometry by 160.1% in the 1st quarter. GAMMA Investing LLC now owns 1,004 shares of the company's stock worth $25,000 after purchasing an additional 618 shares during the last quarter. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.