S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NYSE:DM

Desktop Metal (DM) Stock Forecast, Price & News

$1.88
+0.28 (+17.50%)
(As of 05/13/2022 07:00 PM ET)
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Today's Range
$1.64
$1.93
50-Day Range
$1.33
$5.21
52-Week Range
$1.26
$15.48
Volume
32.72 million shs
Average Volume
7.81 million shs
Market Capitalization
$587.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
0.64
30 days | 90 days | 365 days | Advanced Chart
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Desktop Metal logo

About Desktop Metal

Desktop Metal, Inc. engages in manufacture and sale of additive manufacturing technologies 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 mid-volume binder jetting platform; X-series platform for serial production binder jet 3D printed metal, ceramic, or composite parts, balancing speed, and quality; and Studio System, an office metal 3D printing system; and Fiber platform that offers a desktop 3D printer. In addition, it provides Xtreme 8K platform, designed for industrial, high-temperature production of end-use photopolymer parts, and uses high-powered light sources with a water-cooled DLP chip; Einstein series, designed for dental professionals which offers 3D printing; P4K platform offers series of advanced DLP printer models designed for volume production in precision applications; Envision One platform; which leverages patented CDLM technology for high-volume production of end-use photopolymer parts; D4K Pro platform, designed for jewelry and chairside settings; S-Max platform, which provides digital casting solution; and Robotic Additive Manufacturing, or RAM, platform that offers robotic 3D printing solutions. Further, the company offers S-Print, an entry-level solution for prototypes and small series production in digital casting applications; and 3D-Bioplotter platform which offers biofabrication solution. Additionally, the company provides binder jetting materials, DLP and CDLM photopolymer resins, BMD materials, micro-AFP materials, and bioprinting materials. It serves automotive, aerospace, healthcare and dental, consumer products, heavy industry, machine design, and research and development industries. The company was founded in 2015 and is headquartered in Burlington, Massachusetts.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
1,370
Year Founded
N/A

Sales & Book Value

Annual Sales
$112.41 million
Book Value
$3.76 per share

Profitability

Net Income
$-240.33 million
Net Margins
-173.46%
Pretax Margin
-175.53%

Debt

Price-To-Earnings

Miscellaneous

Free Float
253,120,000
Market Cap
$587.48 million
Optionable
Optionable

Company Calendar

Last Earnings
3/08/2022
Today
5/15/2022
Next Earnings (Estimated)
8/10/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.23 out of 5 stars

Industrial Products Sector

108th out of 253 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

9th out of 19 stocks

Analyst Opinion: 3.3Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -













Desktop Metal (NYSE:DM) Frequently Asked Questions

Is Desktop Metal a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Desktop Metal in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Desktop Metal stock.
View analyst ratings for Desktop Metal
or view top-rated stocks.

When is Desktop Metal's next earnings date?

Desktop Metal is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022.
View our earnings forecast for Desktop Metal
.

How were Desktop Metal's earnings last quarter?

Desktop Metal, Inc. (NYSE:DM) posted its quarterly earnings data on Tuesday, March, 8th. The pipeline company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.12) by $0.04. The pipeline company had revenue of $56.68 million for the quarter, compared to analyst estimates of $52.50 million. Desktop Metal had a negative net margin of 173.46% and a negative trailing twelve-month return on equity of 14.59%.
View Desktop Metal's earnings history
.

What guidance has Desktop Metal issued on next quarter's earnings?

Desktop Metal updated its FY 2022 earnings guidance on Tuesday, May, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $260.00 million-$260.00 million, compared to the consensus revenue estimate of $255.13 million.

What price target have analysts set for DM?

6 brokers have issued 12 month price objectives for Desktop Metal's shares. Their forecasts range from $5.00 to $16.00. On average, they expect Desktop Metal's share price to reach $10.25 in the next year. This suggests a possible upside of 445.2% 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 47, Pay $483.01k)
  • Mr. Steven A. Billow, Pres (Age 54, Pay $459.46k)
  • Mr. Jonah Myerberg, Co-Founder & CTO (Age 45)
  • Mr. Rick Chin, Co-Founder
  • Dr. Emanuel M. Sachs Ph.D., Co-Founder & Technical Fellow
  • Prof. Christopher A. Schuh Ph.D., Co-Founder
  • Prof. A. John Hart Ph.D., Co-Founder
  • Prof. Yet-Ming Chiang, Co-Founder
  • Mr. James Haley, CFO & Treasurer (Age 49)
  • Mr. Thomas Nogueira, VP of Operations
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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.27%), BlackRock Inc. (4.67%), Group One Trading L.P. (0.00%), ARK Investment Management LLC (0.80%), Northern Trust Corp (0.55%) and Renaissance Technologies LLC (0.47%). Company insiders that own Desktop Metal stock include Leo J Jr Hindery, Ric Fulop and Wen Hsuan Hsieh.
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 Waldron Private Wealth LLC, ARK Investment Management LLC, Gibson Capital LLC, Group One Trading L.P., National Bank of Canada FI, BlackRock Inc., Sculptor Capital LP, and Simplex Trading LLC. Company insiders that have sold Desktop Metal company stock in the last year include Leo J Jr Hindery, and Wen Hsuan Hsieh.
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 bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Robeco Schweiz AG, Los Angeles Capital Management LLC, PEAK6 Investments LLC, Mariner LLC, Cetera Investment Advisers, SG Americas Securities LLC, and B & T Capital Management DBA Alpha Capital Management.
View insider buying and selling activity for Desktop Metal
or or view top insider-buying stocks.

How do I buy shares of Desktop Metal?

Shares of DM 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 Desktop Metal's stock price today?

One share of DM stock can currently be purchased for approximately $1.88.

How much money does Desktop Metal make?

Desktop Metal has a market capitalization of $587.48 million and generates $112.41 million in revenue each year. The pipeline company earns $-240.33 million in net income (profit) each year or ($0.900010) on an earnings per share basis.

How many employees does Desktop Metal have?

Desktop Metal employs 1,370 workers across the globe.

What is Desktop Metal's official website?

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

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 978-224-1244 or via email at [email protected].

This page was last updated on 5/16/2022 by MarketBeat.com Staff

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