NASDAQ:MTTR Matterport (MTTR) Stock Forecast, Price & News $2.21 +0.04 (+1.84%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$2.17▼$2.2350-Day Range$2.15▼$3.4852-Week Range$2.10▼$4.30Volume1.67 million shsAverage Volume2.84 million shsMarket Capitalization$667.09 millionP/E RatioN/ADividend YieldN/APrice Target$4.75 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Matterport MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside114.9% Upside$4.75 Price TargetShort InterestBearish4.98% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.27Based on 3 Articles This WeekInsider TradingSelling Shares$1.44 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.72) to ($0.60) 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.2.08 out of 5 starsBusiness Services Sector181st out of 317 stocksPrepackaged Software Industry119th out of 208 stocks 3.2 Analyst's Opinion Consensus RatingMatterport has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.75, Matterport has a forecasted upside of 114.9% from its current price of $2.21.Amount of Analyst CoverageMatterport has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.98% of the float of Matterport has been sold short.Short Interest Ratio / Days to CoverMatterport has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in Matterport has recently increased by 3.82%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldMatterport does not currently pay a dividend.Dividend GrowthMatterport 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 MTTR. Previous Next 3.5 News and Social Media Coverage News SentimentMatterport has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Matterport this week, compared to 2 articles on an average week.Search InterestOnly 8 people have searched for MTTR on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.MarketBeat Follows14 people have added Matterport to their MarketBeat watchlist in the last 30 days. This is an increase of 180% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Matterport insiders have sold 1,053.06% more of their company's stock than they have bought. Specifically, they have bought $125,000.00 in company stock and sold $1,441,330.00 in company stock.Percentage Held by Insiders16.10% of the stock of Matterport is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 30.52% of the stock of Matterport is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Matterport are expected to grow in the coming year, from ($0.72) to ($0.60) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Matterport is -2.83, 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 Matterport is -2.83, 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 RatioMatterport has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Matterport (NASDAQ:MTTR) StockMatterport, Inc., a spatial data company, focuses on digitization and datafication of the built world. The company offers Matterport Capture Services, a fully managed solution for enterprise subscribers; Smartphone Capture, a smartphone capture solution for both iOS and Android; Matterport Pro3, a 3D camera that scans properties; Matterport Pro2, a 3D camera that captures spaces; and 360 Cameras. It also provides Matterport Axis, a motorized mount that can be used with the Matterport Capture app to capture 3D digital twins of any physical space with increased speed, precision, and consistency. It offers solutions for residential and commercial real estate, facilities management and retail, AEC, insurance and repair, and travel and hospitality. Matterport, Inc. is headquartered in Sunnyvale, California.Read More MTTR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MTTR Stock News HeadlinesSeptember 26, 2023 | finance.yahoo.comMatterport Announces the Next Generation of AI-Powered Real Estate Insights, Now in BetaSeptember 20, 2023 | finance.yahoo.comMatterport and Procore Technologies Deepen Digital Twin Integration To Streamline Design and Construction ProcessesOctober 2, 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%...September 18, 2023 | seekingalpha.comMatterport: Flush With Cash, Soon A BuySeptember 11, 2023 | msn.comDown -7.41% in 4 Weeks, Here's Why Matterport, Inc. (MTTR) Looks Ripe for a TurnaroundSeptember 5, 2023 | finanznachrichten.deMatterport Inc: Matterport's Digital Twin Platform Documents Reconstruction of 2,000 Year-Old Aso Shrine Following Earthquake CollapseSeptember 5, 2023 | finance.yahoo.comMatterport’s Digital Twin Platform Documents Reconstruction of 2,000 Year-Old Aso Shrine Following Earthquake CollapseAugust 21, 2023 | finance.yahoo.comUnlocking Virtual Fortunes: Investing in the Immersive Future with Matterport and NetEaseOctober 2, 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%...August 21, 2023 | finance.yahoo.comInvesting in the Immersive Future With Matterport and NetEaseAugust 19, 2023 | seekingalpha.comMatterport: Growth Remains Strong And Profitability Is The Key Upside CatalystAugust 18, 2023 | seekingalpha.comMatterport: Unconvincing Future Amidst Sluggish GrowthAugust 16, 2023 | msn.comAll You Need to Know About Matterport, Inc. (MTTR) Rating Upgrade to BuyAugust 9, 2023 | msn.comWhy Matterport Stock Plunged TodayAugust 9, 2023 | markets.businessinsider.comLoop Capital Markets Reaffirms Their Buy Rating on Matterport (MTTR)August 8, 2023 | msn.comMatterport, Inc. (MTTR) Reports Q2 Loss, Tops Revenue EstimatesAugust 8, 2023 | msn.comMatterport beats Q2 top and bottom line estimates; initiates Q3 and raises FY23 EPS outlookAugust 8, 2023 | theglobeandmail.comMatterport's (NASDAQ:MTTR) Posts Q2 Sales In Line With Estimates But Stock DropsAugust 8, 2023 | finance.yahoo.comMatterport Announces Second Quarter 2023 Financial ResultsAugust 2, 2023 | finance.yahoo.comIdealista To Leverage Matterport Digital Twin Platform For Southern Europe’s Largest Real Estate MarketplaceJuly 25, 2023 | seekingalpha.comMatterport: Lack Of Competitive Advantage Is A ProblemJuly 24, 2023 | finance.yahoo.comMatterport Expands Environmental Commitments To Reduce Carbon Footprint Through Hardware Recycling Program with Blue Star ServicesJuly 18, 2023 | msn.comGot $4? This Hot Growth Stock Looks Like a Top Buy Right NowJuly 18, 2023 | theglobeandmail.comMatterport (NASDAQ:MTTR) Reports Bullish Q1, Provides Optimistic Full Year GuidanceJuly 17, 2023 | finance.yahoo.comMatterport, Inc.'s (NASDAQ:MTTR) market cap touched US$1.0b last week, benefiting both retail investors who own 51% as well as institutionsJuly 14, 2023 | msn.comMatterport's Inability To Scale ExplainedJuly 12, 2023 | seekingalpha.comMatterport: Lack Of Profits Aren't The ProblemSee More Headlines Receive MTTR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Matterport and its competitors with MarketBeat's FREE daily newsletter. Email Address MTTR Company Calendar Last Earnings8/08/2023Today10/02/2023Next Earnings (Estimated)11/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:MTTR CUSIPN/A CIK1819394 Webmatterport.com Phone650-641-2241FaxN/AEmployees590Year FoundedN/APrice Target and Rating Average Stock Price Forecast$4.75 High Stock Price Forecast$8.00 Low Stock Price Forecast$3.50 Forecasted Upside/Downside+118.9%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.78) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-111,340,000.00 Net Margins-146.13% Pretax Margin-145.86% Return on Equity-39.63% Return on Assets-36.27% Debt Debt-to-Equity RatioN/A Current Ratio9.71 Quick Ratio9.46 Sales & Book Value Annual Sales$136.13 million Price / Sales4.81 Cash FlowN/A Price / Cash FlowN/A Book Value$2.03 per share Price / Book1.07Miscellaneous Outstanding Shares301,850,000Free Float253,250,000Market Cap$655.01 million OptionableOptionable Beta1.64 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Raymond J. Pittman (Age 53)Chairman & CEO Comp: $496.91kMr. James Daniel Fay (Age 50)Chief Financial Officer Comp: $482.02kMr. Peter Presunka (Age 64)Chief Accounting Officer Comp: $329.66kMr. Matthew P. Zinn (Age 58)Chief Legal Officer & Corp. Sec. Comp: $26.4kMr. Jay Remley (Age 52)Chief Revenue Officer Comp: $548.7kMr. David Gausebeck (Age 45)Co-Founder & Chief Scientist Vinatha KutagulaChief Customer Operations OfficerMr. Japjit Tulsi (Age 46)Chief Technology Officer Mr. Pranab SinhaChief Information OfficerMr. Michael J. KnappVP & Head of Investor RelationsMore ExecutivesKey CompetitorsNayaxNASDAQ:NYAXXperiNASDAQ:XPERInspired EntertainmentNASDAQ:INSEAgoraNASDAQ:APIFingerMotionNASDAQ:FNGRView All CompetitorsInsiders & InstitutionsJames Daniel FaySold 100,483 sharesTotal: $262,260.63 ($2.61/share)Jay RemleySold 63,400 sharesTotal: $165,474.00 ($2.61/share)Japjit TulsiSold 53,981 sharesTotal: $140,890.41 ($2.61/share)Peter PresunkaSold 6,397 sharesTotal: $16,696.17 ($2.61/share)Raymond J PittmanSold 273,720 sharesTotal: $714,409.20 ($2.61/share)View All Insider TransactionsView All Institutional Transactions MTTR Stock - Frequently Asked Questions Should I buy or sell Matterport stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matterport in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MTTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTTR, but not buy additional shares or sell existing shares. View MTTR analyst ratings or view top-rated stocks. What is Matterport's stock price forecast for 2023? 3 analysts have issued twelve-month price objectives for Matterport's shares. Their MTTR share price forecasts range from $3.50 to $8.00. On average, they anticipate the company's stock price to reach $4.75 in the next year. This suggests a possible upside of 118.9% from the stock's current price. View analysts price targets for MTTR or view top-rated stocks among Wall Street analysts. How have MTTR shares performed in 2023? Matterport's stock was trading at $2.80 on January 1st, 2023. Since then, MTTR stock has decreased by 22.5% and is now trading at $2.17. View the best growth stocks for 2023 here. When is Matterport's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023. View our MTTR earnings forecast. How were Matterport's earnings last quarter? Matterport, Inc. (NASDAQ:MTTR) posted its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.19) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.19). The business earned $39.57 million during the quarter, compared to analyst estimates of $39.22 million. Matterport had a negative net margin of 146.13% and a negative trailing twelve-month return on equity of 39.63%. What ETFs hold Matterport's stock? ETFs with the largest weight of Matterport (NASDAQ:MTTR) stock in their portfolio include Global X PropTech ETF (PTEC), iShares Robotics and Artificial Intelligence Multisector ETF (IRBO), Fidelity Metaverse ETF (FMET), SPDR S&P Software & Services ETF (XSW), Global X Metaverse ETF (VR), ProShares Metaverse ETF (VERS).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR) and What guidance has Matterport issued on next quarter's earnings? Matterport updated its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of -$0.07--$0.05 for the period, compared to the consensus estimate of -$0.07. The company issued revenue guidance of $38.00 million-$40.00 million, compared to the consensus revenue estimate of $41.75 million. What is Matterport's stock symbol? Matterport trades on the NASDAQ under the ticker symbol "MTTR." How do I buy shares of Matterport? Shares of MTTR 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 Matterport's stock price today? One share of MTTR stock can currently be purchased for approximately $2.17. How much money does Matterport make? Matterport (NASDAQ:MTTR) has a market capitalization of $655.01 million and generates $136.13 million in revenue each year. The company earns $-111,340,000.00 in net income (profit) each year or ($0.78) on an earnings per share basis. How many employees does Matterport have? The company employs 590 workers across the globe. How can I contact Matterport? Matterport's mailing address is 6260 Lookout Road, Boulder CO, 80301. The official website for the company is matterport.com. The company can be reached via phone at 650-641-2241 or via email at ir@matterport.com. This page (NASDAQ:MTTR) was last updated on 10/2/2023 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 Matterport, 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. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.