NASDAQ:MMAT Meta Materials (MMAT) Stock Forecast, Price & News $0.21 0.00 (0.00%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$0.21▼$0.2150-Day Range$0.18▼$0.4952-Week Range$0.18▼$2.34Volume3.71 million shsAverage Volume8.67 million shsMarket Capitalization$98.11 millionP/E RatioN/ADividend YieldN/APrice Target$3.75 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Meta Materials MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside1,685.7% Upside$3.75 Price TargetShort InterestHealthy1.96% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$22,570 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.14) to ($0.09) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.02 out of 5 starsComputer And Technology Sector359th out of 604 stocksSemiconductors & Related Devices Industry54th out of 87 stocks 3.5 Analyst's Opinion Consensus RatingMeta Materials has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.75, Meta Materials has a forecasted upside of 1,685.7% from its current price of $0.21.Amount of Analyst CoverageMeta Materials has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.96% of the float of Meta Materials has been sold short.Short Interest Ratio / Days to CoverMeta Materials has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month Previous Next 0.0 Dividend Strength Dividend YieldMeta Materials does not currently pay a dividend.Dividend GrowthMeta Materials does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MMAT. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Meta Materials this week, compared to 2 articles on an average week.Search InterestOnly 32 people have searched for MMAT on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.MarketBeat Follows21 people have added Meta Materials to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Meta Materials insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $22,570.00 in company stock.Percentage Held by Insiders10.30% of the stock of Meta Materials is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 9.72% of the stock of Meta Materials is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Meta Materials are expected to grow in the coming year, from ($0.14) to ($0.09) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Meta Materials is -0.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Meta Materials is -0.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMeta Materials has a P/B Ratio of 0.26. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Meta Materials (NASDAQ:MMAT) StockMeta Materials, Inc. engages in the manufacture and development of functional materials. It also provides nano-optic metamaterial technology for anti-counterfeiting security features. The company was founded by George Palikaras, Themos Kallos, and Nadine Geddes on October 30, 2007 and is headquartered in Dartmouth, Canada.Read More Receive MMAT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Meta Materials and its competitors with MarketBeat's FREE daily newsletter. Email Address MMAT Stock News HeadlinesMay 28, 2023 | americanbankingnews.comFinancial Comparison: Meta Materials (NASDAQ:MMAT) and Sequans Communications (NYSE:SQNS)May 27, 2023 | americanbankingnews.comNVIDIA (NASDAQ:NVDA) and Meta Materials (NASDAQ:MMAT) Head-To-Head ReviewJune 3, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 19, 2023 | investorplace.com5 Investors Betting Big on Meta Materials (MMAT) StockMay 15, 2023 | finance.yahoo.comFurther weakness as Meta Materials (NASDAQ:MMAT) drops 12% this week, taking one-year losses to 87%May 12, 2023 | msn.comMeta Materials Inc. (MMAT) Reports Q1 Loss, Misses Revenue EstimatesMay 2, 2023 | finance.yahoo.comWill Meta Materials Inc. (MMAT) Report Negative Q1 Earnings? What You Should KnowApril 26, 2023 | investorplace.comMMAT Stock Alert: Meta Materials Appoints New CFO, COOJune 3, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...April 25, 2023 | finanznachrichten.deMeta Materials Inc.: Meta Materials Strengthens and Expands its Board of DirectorsApril 25, 2023 | finanznachrichten.deMeta Materials Inc.: Meta Materials Appoints Uzi Sasson as CFO and COOApril 25, 2023 | finance.yahoo.comMeta Materials Strengthens and Expands its Board of DirectorsApril 25, 2023 | finance.yahoo.comMeta Materials Appoints Uzi Sasson as CFO and COOApril 14, 2023 | finanznachrichten.deMeta Materials Inc.: Meta Materials Announces Pricing of $25 Million Underwritten Public OfferingApril 14, 2023 | msn.comWhy Meta Materials (MMAT) Stock Is Down Over 40%April 14, 2023 | msn.comMeta Materials Shares Plummet After Pricing $25M Equity OfferingApril 14, 2023 | investorplace.comMeta Materials (MMAT) Stock Plummets on Public Offering AnnouncementApril 14, 2023 | finance.yahoo.comMeta Materials Announces Pricing of $25 Million Underwritten Public OfferingApril 13, 2023 | finanznachrichten.deMeta Materials Inc.: Meta Materials Announces Proposed Public OfferingApril 13, 2023 | finance.yahoo.comMeta Materials Announces Proposed Public OfferingApril 10, 2023 | msn.comAvoid MMAT Stock as Meta Materials’ Delisting Looms LargeApril 9, 2023 | americanbankingnews.comResearch Analysts Offer Predictions for Meta Materials Inc.'s Q1 2024 Earnings (NASDAQ:MMAT)April 6, 2023 | americanbankingnews.comKenneth L. Rice, Jr. Sells 18,454 Shares of Meta Materials Inc. (NASDAQ:MMAT) StockApril 5, 2023 | americanbankingnews.comJonathan Waldern Sells 17,372 Shares of Meta Materials Inc. (NASDAQ:MMAT) StockMarch 31, 2023 | americanbankingnews.comReviewing Meta Materials (NASDAQ:MMAT) and onsemi (NASDAQ:ON)March 23, 2023 | investorplace.comMMAT Stock Alert: Meta Materials Issues ‘Going Concern’ WarningMarch 23, 2023 | finanznachrichten.deMeta Materials Inc.: Meta Materials Announces Q4 and FY 2022 ResultsSee More Headlines MMAT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MMAT Company Calendar Last Earnings11/15/2021Today6/03/2023Next Earnings (Estimated)8/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:MMAT CUSIPN/A CIK1431959 Webwww.metamaterial.com Phone(902) 482-5729FaxN/AEmployees130Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.75 High Stock Price Forecast$3.75 Low Stock Price Forecast$3.75 Forecasted Upside/Downside+1,685.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.23) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-79,100,000.00 Net Margins-918.47% Pretax Margin-989.42% Return on Equity-21.21% Return on Assets-18.31% Debt Debt-to-Equity Ratio0.01 Current Ratio0.87 Quick Ratio0.85 Sales & Book Value Annual Sales$10.20 million Price / Sales9.62 Cash FlowN/A Price / Cash FlowN/A Book Value$0.80 per share Price / Book0.26Miscellaneous Outstanding Shares467,210,000Free Float419,084,000Market Cap$98.11 million OptionableOptionable Beta2.11 Key ExecutivesGeorge PalikarasPresident, Chief Executive Officer & DirectorUzi SassonChief Operating, Financial & Accounting OfficerThemos KallosChief Science OfficerClint LandrockViVice President-Technology & InnovationGeorge FrancisChief Information OfficerKey CompetitorsPixelworksNASDAQ:PXLWSequans CommunicationsNYSE:SQNSACE Convergence AcquisitionNASDAQ:ACEVGSI TechnologyNASDAQ:GSITQuickLogicNASDAQ:QUIKView All CompetitorsInsiders & InstitutionsState Street CorpSold 8,299,594 shares on 5/16/2023Ownership: 1.326%Geode Capital Management LLCBought 142,192 shares on 5/16/2023Ownership: 0.743%Susquehanna International Group LLPSold 843,900 shares on 5/16/2023Ownership: 0.000%Sabby Management LLCSold 1,988 shares on 5/16/2023Ownership: 0.000%Belvedere Trading LLCSold 2,000 shares on 5/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions MMAT Stock - Frequently Asked Questions Should I buy or sell Meta Materials stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Meta Materials in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MMAT shares. View MMAT analyst ratings or view top-rated stocks. What is Meta Materials' stock price forecast for 2023? 2 Wall Street research analysts have issued 12 month price targets for Meta Materials' shares. Their MMAT share price forecasts range from $3.75 to $3.75. On average, they predict the company's share price to reach $3.75 in the next year. This suggests a possible upside of 1,685.7% from the stock's current price. View analysts price targets for MMAT or view top-rated stocks among Wall Street analysts. How have MMAT shares performed in 2023? Meta Materials' stock was trading at $1.19 at the beginning of the year. Since then, MMAT stock has decreased by 82.4% and is now trading at $0.21. View the best growth stocks for 2023 here. When is Meta Materials' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our MMAT earnings forecast. How were Meta Materials' earnings last quarter? Meta Materials Inc. (NASDAQ:MMAT) released its quarterly earnings data on Monday, November, 15th. The company reported ($0.04) EPS for the quarter. The business had revenue of $0.57 million for the quarter. Meta Materials had a negative trailing twelve-month return on equity of 21.21% and a negative net margin of 918.47%. What ETFs hold Meta Materials' stock? ETFs with the largest weight of Meta Materials (NASDAQ:MMAT) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON) and ProShares Smart Materials ETF (TINT).ProShares Nanotechnology ETF (TINY). When did Meta Materials' stock split? Shares of Meta Materials reverse split before market open on Friday, June 11th 2021. The 1-2 reverse split was announced on Friday, June 11th 2021. The number of shares owned by shareholders was adjusted after the market closes on Monday, June 28th 2021. An investor that had 100 shares of stock prior to the reverse split would have 50 shares after the split. What is Meta Materials' stock symbol? Meta Materials trades on the NASDAQ under the ticker symbol "MMAT." Who are Meta Materials' major shareholders? Meta Materials' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.38%), State Street Corp (1.33%), Geode Capital Management LLC (0.74%), Swiss National Bank (0.15%), GMT Capital Corp (0.12%) and Two Sigma Investments LP (0.10%). Insiders that own company stock include Alexandre Zyngier, Allison Christilaw, Georgios Palikaras, Greg Mccabe, Jonathan Waldern, Kenneth L Rice Jr, Michael James Graves, Steen Karsbo and Thomas Gordon Welch. View institutional ownership trends. How do I buy shares of Meta Materials? Shares of MMAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Meta Materials' stock price today? One share of MMAT stock can currently be purchased for approximately $0.21. How much money does Meta Materials make? Meta Materials (NASDAQ:MMAT) has a market capitalization of $98.11 million and generates $10.20 million in revenue each year. The company earns $-79,100,000.00 in net income (profit) each year or ($0.23) on an earnings per share basis. How many employees does Meta Materials have? The company employs 130 workers across the globe. How can I contact Meta Materials? Meta Materials' mailing address is 5700 W. Plano Parkway Suite 3600, Plano TX, 75093. The official website for the company is www.metamaterial.com. The company can be reached via phone at (902) 482-5729 or via email at ir@torchlightenergy.com. This page (NASDAQ:MMAT) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Meta Materials Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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