Meta Materials (MMAT) Stock Forecast, Price & News

2 Wall Street 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 research analysts is that investors should "buy" MMAT shares.
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2 analysts have issued 1-year target prices for Meta Materials' shares. Their MMAT share price forecasts range from $3.75 to $3.75. On average, they anticipate the company's share price to reach $3.75 in the next year. This suggests a possible upside of 1,723.9% from the stock's current price.
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Meta Materials' stock was trading at $1.19 at the start of the year. Since then, MMAT shares have decreased by 82.7% and is now trading at $0.2056.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
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Meta Materials Inc. (NASDAQ:MMAT) issued its quarterly earnings data on Monday, November, 15th. The company reported ($0.04) earnings per share 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%.

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).

Shares of Meta Materials reverse split on the morning of 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.

Meta Materials trades on the NASDAQ under the ticker symbol "MMAT."

Meta Materials' stock is owned by many different institutional and retail investors. Top institutional shareholders 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.
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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.
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One share of MMAT stock can currently be purchased for approximately $0.21.

Meta Materials (NASDAQ:MMAT) has a market capitalization of $96.06 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.

The company employs 130 workers across the globe.

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.