NYSE:DM Desktop Metal (DM) Stock Price, News & Analysis → Your $200 account credit is about to expire (From MarketBeat) (Ad) Free DM Stock Alerts $0.86 +0.08 (+10.26%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$0.79▼$0.8950-Day Range$0.47▼$0.8652-Week Range$0.46▼$2.41Volume3.57 million shsAverage Volume4.14 million shsMarket Capitalization$283.49 millionP/E RatioN/ADividend YieldN/APrice Target$1.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Desktop Metal alerts: Email Address Desktop Metal MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside45.3% Upside$1.25 Price TargetShort InterestBearish33.20% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.64Based on 12 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.1.44 out of 5 starsIndustrial Products Sector137th out of 163 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry9th out of 13 stocks 3.5 Analyst's Opinion Consensus RatingDesktop Metal has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.25, Desktop Metal has a forecasted upside of 45.3% from its current price of $0.86.Amount of Analyst CoverageDesktop Metal has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted33.20% of the float of Desktop Metal has been sold short.Short Interest Ratio / Days to CoverDesktop Metal has a short interest ratio ("days to cover") of 18.4, which indicates bearish sentiment.Change versus previous monthShort interest in Desktop Metal has recently decreased by 2.93%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldDesktop Metal does not currently pay a dividend.Dividend GrowthDesktop Metal 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 DM. Previous Next 3.1 News and Social Media Coverage News SentimentDesktop Metal has a news sentiment score of 0.64. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Desktop Metal this week, compared to 2 articles on an average week.Search Interest19 people have searched for DM on MarketBeat in the last 30 days. This is an increase of 73% compared to the previous 30 days.MarketBeat Follows17 people have added Desktop Metal to their MarketBeat watchlist in the last 30 days. This is an increase of 113% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Desktop Metal insiders have not sold or bought any company stock.Percentage Held by Insiders13.87% of the stock of Desktop Metal is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions56.31% of the stock of Desktop Metal is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Desktop Metal is -0.87, 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 Desktop Metal is -0.87, 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 RatioDesktop Metal has a P/B Ratio of 1.16. 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 Ad Insiders ExposedThis consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.Register for the imminent briefing here. About Desktop Metal Stock (NYSE:DM)Desktop Metal, Inc. manufactures and sells additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Shop System, an entry-level metal 3D printing using binder jetting; X-series platform that provides binder jet 3D printing of specialty materials, including metals and ceramics, and tools; and P-Series offers high-speed metal 3D printing. It also provides Einstein series, designed for dental professionals which offers 3D printing; ETEC Xtreme 8K platform, a DLP printer with two 385 nm overhead projectors for high-volume production; ETEC Pro XL for industrial polymer 3D printer; S-Max and S-Max Pro platforms, which provides digital casting solutions; and 3D-Bioplotter platform which offers biofabrication solution. In addition, the company offers binder jetting materials, photopolymer resins, BMD materials, and bioprinting materials. It serves automotive, aerospace, healthcare, consumer products, heavy industry, machine design, research and development, and other industries. Desktop Metal, Inc. was founded in 2015 and is headquartered in Burlington, Massachusetts.Read More DM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DM Stock News HeadlinesMarch 25, 2024 | investorplace.com3 Penny Stocks to Buy for the Next Bull Run: March 2024March 23, 2024 | americanbankingnews.comCantor Fitzgerald Weighs in on Desktop Metal, Inc.'s FY2024 Earnings (NYSE:DM)March 28, 2024 | DTI (Ad)Warning: this could blow your mindBuckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…March 23, 2024 | americanbankingnews.comDesktop Metal Target of Unusually High Options Trading (NYSE:DM)March 22, 2024 | finance.yahoo.comDesktop Health Launches ScanUp™ Digital Dentistry Adoption Subscription Program to Modernize Dental Practice Efficiency and Patient CareMarch 21, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Desktop Metal (DM), Alight (ALIT) and One Stop Systems (OSS)March 19, 2024 | finance.yahoo.comDesktop Metal, Inc. (NYSE:DM) Q4 2023 Earnings Call TranscriptMarch 18, 2024 | americanbankingnews.comDesktop Metal (NYSE:DM) Posts Quarterly Earnings ResultsMarch 28, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 15, 2024 | msn.comWhy Is Desktop Metal Stock Gaining Today?March 15, 2024 | bizjournals.comDesktop Metal may divest business lines in quest for profitabilityMarch 15, 2024 | investorplace.comDM Stock Earnings: Desktop Metal Beats EPS, Beats Revenue for Q4 2023March 15, 2024 | finance.yahoo.comDesktop Metal Announces Fourth Quarter and Full Year 2023 Financial ResultsMarch 15, 2024 | finance.yahoo.comDesktop Metal Inc Reports Record Recurring Revenue Despite Market ChallengesMarch 15, 2024 | bizjournals.comFormer Desktop Metal execs launch new 3D metal printing startupMarch 14, 2024 | benzinga.comEarnings Outlook For Desktop MetalMarch 12, 2024 | seekingalpha.comDesktop Metal: Evidence Points Toward Further DeteriorationMarch 12, 2024 | finance.yahoo.comDesktop Metal to Release Fourth Quarter and Full Year 2023 Financial Results on Friday, March 15, 2024March 11, 2024 | seekingalpha.comNN GAAP EPS of -$0.50 misses by $0.27, revenue of $112.53M misses by $0.62MMarch 5, 2024 | finance.yahoo.comDesktop Metal and Evonik Expand Partnership, Announce Qualification of Photopolymer on Large Format Additive Manufacturing 2.0 Systems for High-Performance, High-Temperature ProductsFebruary 29, 2024 | msn.comStocks Close Higher as Inflation Concerns EaseFebruary 28, 2024 | markets.businessinsider.comBuy Rating Affirmed for Desktop Metal: Diverse Portfolio and Strategic Acquisitions Poised for GrowthFebruary 18, 2024 | finance.yahoo.comDM Mar 2024 0.500 callFebruary 17, 2024 | finance.yahoo.comDM Mar 2024 1.000 callFebruary 12, 2024 | finance.yahoo.comDesktop Health™ Announces Flexcera™ Base Ultra+ Dental Resin for Stronger, More Comfortable 3D Printed DenturesFebruary 11, 2024 | investing.comDesktop Metal Inc (DM)January 24, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Desktop Metal (DM) and Nokia (NOK)See More Headlines Receive DM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Desktop Metal and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/15/2024Today3/27/2024Next Earnings (Estimated)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Special industry machinery, not elsewhere classified Sub-IndustryN/A Current SymbolNYSE:DM CUSIPN/A CIK1603286 Webwww.desktopmetal.com Phone978-224-1244FaxN/AEmployees1,200Year FoundedN/APrice Target and Rating Average Stock Price Target$1.25 High Stock Price Target$1.25 Low Stock Price Target$1.25 Potential Upside/Downside+45.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.99) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-323,270,000.00 Net Margins-170.41% Pretax Margin-172.05% Return on Equity-29.25% Return on Assets-18.50% Debt Debt-to-Equity Ratio0.47 Current Ratio3.08 Quick Ratio1.90 Sales & Book Value Annual Sales$189.70 million Price / Sales1.49 Cash Flow$0.17 per share Price / Cash Flow4.94 Book Value$0.74 per share Price / Book1.16Miscellaneous Outstanding Shares329,640,000Free Float283,916,000Market Cap$283.49 million OptionableOptionable Beta0.63 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Ric Fulop (Age 49)Co-Founder, CEO & Director Comp: $631.01kMr. Jonah Myerberg (Age 47)Co-Founder, CTO & Senior VP of Global Engineering Comp: $413.25kMr. Jason Cole (Age 49)CFO & Treasurer Comp: $591.91kMr. Thomas Nogueira (Age 40)Chief Operating Officer Comp: $389.45kMr. Rick ChinCo-FounderDr. Emanuel M. Sachs Ph.D.Co-Founder & Technical FellowProf. Christopher A. Schuh Ph.D.Co-FounderProf. A. John Hart Ph.D.Co-FounderProf. Yet-Ming ChiangCo-FounderMr. Jay GentzkowVice President of Investor RelationsMore ExecutivesKey CompetitorsManitex InternationalNASDAQ:MNTXVelo3DNYSE:VLDEnergy RecoveryNASDAQ:ERIIInflection Point AcquisitionNASDAQ:IPAXNNNASDAQ:NNBRView All CompetitorsInstitutional OwnershipVanguard Group Inc.Sold 4,674,585 shares on 3/11/2024Ownership: 5.314%Virtu Financial LLCBought 176,686 shares on 2/26/2024Ownership: 0.062%Price T Rowe Associates Inc. MDBought 64,200 shares on 2/16/2024Ownership: 0.073%Citadel Advisors LLCSold 248,900 shares on 2/15/2024Ownership: 0.000%Price T Rowe Associates Inc. MDBought 64,200 shares on 2/15/2024Ownership: 0.073%View All Institutional Transactions DM Stock Analysis - Frequently Asked Questions Should I buy or sell Desktop Metal stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Desktop Metal in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DM shares. View DM analyst ratings or view top-rated stocks. What is Desktop Metal's stock price target for 2024? 1 Wall Street analysts have issued 1 year price objectives for Desktop Metal's shares. Their DM share price targets range from $1.25 to $1.25. On average, they expect the company's share price to reach $1.25 in the next year. This suggests a possible upside of 45.3% from the stock's current price. View analysts price targets for DM or view top-rated stocks among Wall Street analysts. How have DM shares performed in 2024? Desktop Metal's stock was trading at $0.7510 at the start of the year. Since then, DM shares have increased by 14.5% and is now trading at $0.86. View the best growth stocks for 2024 here. When is Desktop Metal's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our DM earnings forecast. How were Desktop Metal's earnings last quarter? Desktop Metal, Inc. (NYSE:DM) issued its quarterly earnings data on Friday, March, 15th. The pipeline company reported ($0.05) EPS for the quarter. The pipeline company had revenue of $52.35 million for the quarter. Desktop Metal had a negative net margin of 170.41% and a negative trailing twelve-month return on equity of 29.25%. During the same quarter in the previous year, the company posted ($0.11) earnings per share. What ETFs hold Desktop Metal's stock? ETFs with the largest weight of Desktop Metal (NYSE:DM) stock in their portfolio include 3D Printing ETF (PRNT), ProShares Merger ETF (MRGR) and Pacer BlueStar Engineering the Future ETF (BULD).Gen Z ETF (ZGEN). What guidance has Desktop Metal issued on next quarter's earnings? Desktop Metal issued an update on its FY 2024 earnings guidance on Friday, March, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $175.0 million-$215.0 million, compared to the consensus revenue estimate of $194.0 million. What other stocks do shareholders of Desktop Metal own? Based on aggregate information from My MarketBeat watchlists, some companies that other Desktop Metal investors own include Energy Transfer (ET), Frontier Communications (FTR), Dominion Energy (D), Uniti Group (UNIT), Ford Motor (F), ImmunoGen (IMGN), SunCoke Energy Partners (SXCP), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF) and Government Properties Income Trust (GOV). Who are Desktop Metal's major shareholders? Desktop Metal's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.31%), Vanguard Group Inc. (5.31%), ARK Investment Management LLC (1.22%), Kingswood Wealth Advisors LLC (0.82%), Northern Trust Corp (0.71%) and Charles Schwab Investment Management Inc. (0.59%). Insiders that own company stock include Leo J Jr Hindery, Ric Fulop, Scott J Dussault and Wen Hsuan Hsieh. View institutional ownership trends. How do I buy shares of Desktop Metal? Shares of DM 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 (NYSE:DM) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings 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 Desktop Metal, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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