NYSE:DM

Desktop Metal Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
$11.67
-0.57 (-4.66 %)
(As of 05/6/2021 12:00 AM ET)
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Today's Range
$11.30
$12.22
50-Day Range N/A
52-Week Range
$12.55
$31.82
Volume2.66 million shs
Average Volume3.21 million shs
Market Capitalization$2.65 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.62

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Industry, Sector and Symbol

Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryN/A
CUSIPN/A
Phone804-819-2000
Employees202
Year FoundedN/A

Sales & Book Value

Annual SalesN/A
Cash Flow$0.04 per share
Book Value$7.84 per share

Profitability

Net Income$2.73 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$2.65 billion
Next Earnings Date5/12/2021 (Estimated)
OptionableOptionable

Headlines

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Desktop Metal logo

About Desktop Metal

Desktop Metal, Inc. manufactures and sells additive manufacturing solutions for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Production System, an industrial manufacturing solution; Shop System, a turnkey binder jetting platform for machine and job shops; Studio System, an office metal 3D printing system; and Fiber, a desktop 3D printer. It serves automotive, aerospace, healthcare, consumer products, heavy industry, machine design, and research and development industries. The company was founded in 2015 and is headquartered in Burlington, Massachusetts.

MarketRank

Overall MarketRank

1.09 out of 5 stars

Industrial Products Sector

202nd out of 398 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

13th out of 27 stocks

Analyst Opinion: 3.1Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
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Desktop Metal (NYSE:DM) Frequently Asked Questions

Is Desktop Metal a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Desktop Metal in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Desktop Metal stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DM, but not buy additional shares or sell existing shares.
View analyst ratings for Desktop Metal
or view top-rated stocks.

What stocks does MarketBeat like better than Desktop Metal?

Wall Street analysts have given Desktop Metal a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Desktop Metal wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Desktop Metal?

Desktop Metal saw a increase in short interest in March. As of March 31st, there was short interest totaling 12,960,000 shares, an increase of 109.7% from the March 15th total of 6,180,000 shares. Based on an average daily trading volume, of 4,250,000 shares, the days-to-cover ratio is presently 3.0 days. Approximately 9.5% of the company's shares are short sold.
View Desktop Metal's Short Interest
.

When is Desktop Metal's next earnings date?

Desktop Metal is scheduled to release its next quarterly earnings announcement on Wednesday, May 12th 2021.
View our earnings forecast for Desktop Metal
.

How were Desktop Metal's earnings last quarter?

Desktop Metal, Inc. (NYSE:DM) issued its earnings results on Monday, October, 30th. The pipeline company reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.29 by $0.04. The pipeline company earned $113 million during the quarter, compared to analyst estimates of $104.86 million. The firm's revenue for the quarter was up 18.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.30 earnings per share.
View Desktop Metal's earnings history
.

What price target have analysts set for DM?

4 analysts have issued 1 year price objectives for Desktop Metal's shares. Their forecasts range from $11.00 to $30.00. On average, they expect Desktop Metal's share price to reach $23.00 in the next year. This suggests a possible upside of 97.1% from the stock's current price.
View analysts' price targets for Desktop Metal
or view top-rated stocks among Wall Street analysts.

Who are Desktop Metal's key executives?

Desktop Metal's management team includes the following people:
  • Mr. Ric Fulop, Co-Founder, CEO & Chairman (Age 46, Pay $483.01k)
  • Mr. Steven A. Billow, Pres (Age 53, Pay $459.46k)
  • Mr. Jonah Myerberg, Co-Founder & CTO (Age 44)
  • Mr. Rick Chin, Co-Founder & VP of Software Devel.
  • Dr. Emanuel M. Sachs, Co-Founder
  • Prof. Christopher A. Schuh Ph.D., Co-Founder
  • Prof. A. John Hart, Co-Founder
  • Prof. Yet-Ming Chiang, Co-Founder
  • Mr. James Haley, CFO & Treasurer (Age 48)
  • Mr. Thomas Nogueira, VP of Operations

Who are some of Desktop Metal's key competitors?

What other stocks do shareholders of Desktop Metal own?

What is Desktop Metal's stock symbol?

Desktop Metal trades on the New York Stock Exchange (NYSE) under the ticker symbol "DM."

Who are Desktop Metal's major shareholders?

Desktop Metal's stock is owned by many different retail and institutional investors. Top institutional shareholders include Robeco Schweiz AG (0.31%), RPG Investment Advisory LLC (0.05%), Penbrook Management LLC (0.03%), Penbrook Management LLC (0.03%), Shikiar Asset Management Inc. (0.02%) and Outfitter Financial LLC (0.02%).
View institutional ownership trends for Desktop Metal
.

Which major investors are selling Desktop Metal stock?

DM stock was sold by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, Scotia Capital Inc., and OTA Financial Group L.P..
View insider buying and selling activity for Desktop Metal
or view top insider-selling stocks.

Which major investors are buying Desktop Metal stock?

DM stock was acquired by a variety of institutional investors in the last quarter, including Robeco Schweiz AG, RPG Investment Advisory LLC, Penbrook Management LLC, Penbrook Management LLC, B & T Capital Management DBA Alpha Capital Management, Envestnet Asset Management Inc., Exos Asset Management LLC, and Trellus Management Company LLC.
View insider buying and selling activity for Desktop Metal
or or view top insider-buying stocks.

What is Desktop Metal's stock price today?

One share of DM stock can currently be purchased for approximately $11.67.

How much money does Desktop Metal make?

Desktop Metal has a market capitalization of $2.65 billion.

How many employees does Desktop Metal have?

Desktop Metal employs 202 workers across the globe.

What is Desktop Metal's official website?

The official website for Desktop Metal is www.dommidstream.com.

Where are Desktop Metal's headquarters?

Desktop Metal is headquartered at 120 TREDEGAR STREET, RICHMOND VA, 23219.

How can I contact Desktop Metal?

Desktop Metal's mailing address is 120 TREDEGAR STREET, RICHMOND VA, 23219. The pipeline company can be reached via phone at 804-819-2000 or via email at [email protected]


This page was last updated on 5/6/2021 by MarketBeat.com Staff
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