NASDAQ:MTTR

Matterport (MTTR) Stock Price, News & Analysis

$4.60
-0.20 (-4.17%)
(As of 04/23/2024 ET)
Today's Range
$4.45
$4.72
50-Day Range
$1.74
$4.80
52-Week Range
$1.73
$4.99
Volume
28.43 million shs
Average Volume
3.69 million shs
Market Capitalization
$1.43 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.17

Matterport MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
2.2% Downside
$4.50 Price Target
Short Interest
Healthy
3.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.46mentions of Matterport in the last 14 days
Based on 30 Articles This Week
Insider Trading
Selling Shares
$884,072 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.45) to ($0.24) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.38 out of 5 stars

Business Services Sector

288th out of 303 stocks

Prepackaged Software Industry

190th out of 199 stocks

MTTR stock logo

About Matterport Stock (NASDAQ:MTTR)

Matterport, Inc., a spatial data company, focuses on digitization and datafication in the United States and internationally. The company offers Matterport Capture Services, a fully managed solution for enterprise subscribers; Matterport Pro3, a 3D camera that scans properties; Matterport Pro2, a 3D camera that captures spaces; LEICA BLK360, a device to create digital twins; Smartphone Capture, a smartphone capture solution for both iOS and Android; and 360 Cameras. It also provides Matterport Axis, a motor-mount accessory for smartphone. The company serves its products in residential and commercial real estate, facilities management and retail, AEC, insurance and repair, and travel and hospitality markets. Matterport, Inc. is headquartered in Sunnyvale, California.

MTTR Stock Price History

MTTR Stock News Headlines

Forecasting The Future: 6 Analyst Projections For Matterport
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Why Is Matterport (MTTR) Stock Up 175% Today?
CoStar to acquire spatial data firm Matterport for $1.6B
Matterport (NASDAQ:MTTR) Hits New 12-Month Low at $1.73
3 Metaverse Stocks to Buy Now: Q2 Edition
Matterport (NASDAQ:MTTR) Shares Gap Up to $1.90
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:MTTR
Fax
N/A
Employees
438
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.17
High Stock Price Target
$5.50
Low Stock Price Target
$3.00
Potential Upside/Downside
-9.1%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$-199,080,000.00
Net Margins
-126.20%
Pretax Margin
-126.08%

Debt

Sales & Book Value

Annual Sales
$157.75 million
Book Value
$1.73 per share

Miscellaneous

Free Float
260,851,000
Market Cap
$1.43 billion
Optionable
Optionable
Beta
1.73
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Key Executives

  • Mr. Raymond J. PittmanMr. Raymond J. Pittman (Age 54)
    Chairman & CEO
    Comp: $496.91k
  • Mr. James Daniel Fay (Age 51)
    Chief Financial Officer
    Comp: $482.02k
  • Mr. Peter Presunka (Age 65)
    Chief Accounting Officer
    Comp: $329.66k
  • Mr. Matthew P. Zinn (Age 59)
    Chief Legal Officer & Corporate Secretary
    Comp: $26.4k
  • Mr. Jay Remley (Age 53)
    Chief Revenue Officer
    Comp: $548.7k
  • Mr. David Gausebeck (Age 46)
    Co-Founder & Chief Scientist
  • Vinatha Kutagula
    Chief Customer Operations Officer
  • Mr. Japjit Tulsi (Age 47)
    Chief Technology Officer
    Comp: $452.18k
  • Mr. Pranab Sinha
    Chief Information Officer
  • Mr. Michael J. Knapp
    VP & Head of Investor Relations

MTTR Stock Analysis - Frequently Asked Questions

Should I buy or sell Matterport stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Matterport in the last year. There are currently 6 hold ratings for the stock. The consensus among Wall Street research 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 target for 2024?

6 equities research analysts have issued 1-year price objectives for Matterport's stock. Their MTTR share price targets range from $3.00 to $5.50. On average, they anticipate the company's stock price to reach $4.50 in the next year. This suggests that the stock has a possible downside of 2.2%.
View analysts price targets for MTTR
or view top-rated stocks among Wall Street analysts.

How have MTTR shares performed in 2024?

Matterport's stock was trading at $2.69 at the beginning of the year. Since then, MTTR shares have increased by 71.0% and is now trading at $4.60.
View the best growth stocks for 2024 here
.

Are investors shorting Matterport?

Matterport saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 8,910,000 shares, an increase of 24.4% from the March 15th total of 7,160,000 shares. Based on an average daily trading volume, of 2,520,000 shares, the days-to-cover ratio is presently 3.5 days. Currently, 3.3% of the company's stock are short sold.
View Matterport's Short Interest
.

When is Matterport's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our MTTR earnings forecast
.

How can I listen to Matterport's earnings call?

Matterport will be holding an earnings conference call on Monday, May 6th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Matterport's earnings last quarter?

Matterport, Inc. (NASDAQ:MTTR) posted its earnings results on Tuesday, February, 20th. The company reported ($0.14) EPS for the quarter, hitting the consensus estimate of ($0.14). The business earned $39.55 million during the quarter, compared to analysts' expectations of $40.11 million. Matterport had a negative net margin of 126.20% and a negative trailing twelve-month return on equity of 36.35%.

What guidance has Matterport issued on next quarter's earnings?

Matterport issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share guidance of -0.040--0.020 for the period, compared to the consensus estimate of -0.030. The company issued revenue guidance of $39.0 million-$41.0 million, compared to the consensus revenue estimate of $41.2 million.

Who are Matterport's major shareholders?

Matterport's stock is owned by many different institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.07%), First Trust Direct Indexing L.P. (0.01%) and 180 Wealth Advisors LLC (0.01%). Insiders that own company stock include James Daniel Fay, Japjit Tulsi, Jason Krikorian, Jay Remley, Matthew Zinn, Peter Hebert, Peter Presunka and Raymond J Pittman.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MTTR) was last updated on 4/23/2024 by MarketBeat.com Staff

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