QQQ   352.01 (+1.16%)
AAPL   180.09 (+1.60%)
MSFT   332.58 (+1.28%)
META   272.61 (+2.98%)
GOOGL   123.72 (+0.69%)
AMZN   122.77 (+1.82%)
TSLA   207.52 (+1.76%)
NVDA   397.70 (+5.12%)
NIO   7.54 (+0.13%)
BABA   82.99 (+4.32%)
AMD   119.47 (+1.07%)
T   15.82 (+0.51%)
F   12.11 (+0.92%)
MU   69.09 (+1.30%)
CGC   0.83 (+0.00%)
GE   104.66 (+3.08%)
DIS   88.59 (+0.72%)
AMC   4.55 (+0.89%)
PFE   38.04 (+0.03%)
PYPL   63.05 (+1.71%)
NFLX   403.13 (+2.00%)
QQQ   352.01 (+1.16%)
AAPL   180.09 (+1.60%)
MSFT   332.58 (+1.28%)
META   272.61 (+2.98%)
GOOGL   123.72 (+0.69%)
AMZN   122.77 (+1.82%)
TSLA   207.52 (+1.76%)
NVDA   397.70 (+5.12%)
NIO   7.54 (+0.13%)
BABA   82.99 (+4.32%)
AMD   119.47 (+1.07%)
T   15.82 (+0.51%)
F   12.11 (+0.92%)
MU   69.09 (+1.30%)
CGC   0.83 (+0.00%)
GE   104.66 (+3.08%)
DIS   88.59 (+0.72%)
AMC   4.55 (+0.89%)
PFE   38.04 (+0.03%)
PYPL   63.05 (+1.71%)
NFLX   403.13 (+2.00%)
QQQ   352.01 (+1.16%)
AAPL   180.09 (+1.60%)
MSFT   332.58 (+1.28%)
META   272.61 (+2.98%)
GOOGL   123.72 (+0.69%)
AMZN   122.77 (+1.82%)
TSLA   207.52 (+1.76%)
NVDA   397.70 (+5.12%)
NIO   7.54 (+0.13%)
BABA   82.99 (+4.32%)
AMD   119.47 (+1.07%)
T   15.82 (+0.51%)
F   12.11 (+0.92%)
MU   69.09 (+1.30%)
CGC   0.83 (+0.00%)
GE   104.66 (+3.08%)
DIS   88.59 (+0.72%)
AMC   4.55 (+0.89%)
PFE   38.04 (+0.03%)
PYPL   63.05 (+1.71%)
NFLX   403.13 (+2.00%)
QQQ   352.01 (+1.16%)
AAPL   180.09 (+1.60%)
MSFT   332.58 (+1.28%)
META   272.61 (+2.98%)
GOOGL   123.72 (+0.69%)
AMZN   122.77 (+1.82%)
TSLA   207.52 (+1.76%)
NVDA   397.70 (+5.12%)
NIO   7.54 (+0.13%)
BABA   82.99 (+4.32%)
AMD   119.47 (+1.07%)
T   15.82 (+0.51%)
F   12.11 (+0.92%)
MU   69.09 (+1.30%)
CGC   0.83 (+0.00%)
GE   104.66 (+3.08%)
DIS   88.59 (+0.72%)
AMC   4.55 (+0.89%)
PFE   38.04 (+0.03%)
PYPL   63.05 (+1.71%)
NFLX   403.13 (+2.00%)
NYSE:DM

Desktop Metal (DM) Stock Forecast, Price & News

$1.90
+0.04 (+2.15%)
(As of 06/1/2023 ET)
Compare
Today's Range
$1.79
$1.91
50-Day Range
$1.70
$2.33
52-Week Range
$1.13
$3.65
Volume
3.47 million shs
Average Volume
4.13 million shs
Market Capitalization
$610.77 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.78

Desktop Metal MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
46.1% Upside
$2.78 Price Target
Short Interest
Bearish
30.03% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.55mentions of Desktop Metal in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$64,726 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.29) to ($0.17) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.80 out of 5 stars

Industrial Products Sector

287th out of 348 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

21st out of 28 stocks


DM stock logo

About Desktop Metal (NYSE:DM) Stock

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.

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.

DM Stock News Headlines

Lithium Has Boomed And This American Stock Is Ready..
Lithium Has Been On A Crazy Rally Over The Last 3 Year's And This Stock Could Be Next!
Analyst Ratings for Desktop Metal
"The $51 Billion Laser Revolution"
See how a new contract with the Pentagon could spark a 2,476% sales surge for a small laser firm >>>
Stratasys, Desktop Metal To Merge In $1.8 Bln All-Stock Deal
Desktop Metal (NYSE:DM) Shares Up 4.3%
Desktop Metal (NYSE:DM) Coverage Initiated at StockNews.com
See More Headlines

DM Price History

DM Company Calendar

Last Earnings
8/11/2021
Today
6/01/2023
Next Earnings (Estimated)
8/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
1,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$2.78
High Stock Price Forecast
$5.00
Low Stock Price Forecast
$1.90
Forecasted Upside/Downside
+49.8%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-740,340,000.00
Net Margins
-349.92%
Pretax Margin
-350.30%

Debt

Sales & Book Value

Annual Sales
$209.02 million
Cash Flow
$1.17 per share
Book Value
$1.51 per share

Miscellaneous

Free Float
276,873,000
Market Cap
$595.41 million
Optionable
Optionable
Beta
0.63

Key Executives

  • Mr. Ric Fulop (Age 48)
    Co-Founder & CEO
    Comp: $1.02M
  • Mr. Jonah Myerberg (Age 46)
    Co-Founder, CTO & Sr. VP of Global Engineering
    Comp: $505.01k
  • Mr. Arjun Aggarwal (Age 31)
    EVP of Corp. Devel.
    Comp: $455.88k
  • 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. Jason Cole (Age 48)
    CFO & Treasurer
  • Mr. Thomas Nogueira (Age 39)
    Chief Operating Officer













DM Stock - Frequently Asked Questions

Should I buy or sell Desktop Metal stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Desktop Metal in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DM shares. 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 DM analyst ratings
or view top-rated stocks.

What is Desktop Metal's stock price forecast for 2023?

3 equities research analysts have issued twelve-month target prices for Desktop Metal's shares. Their DM share price forecasts range from $1.90 to $5.00. On average, they predict the company's share price to reach $2.78 in the next year. This suggests a possible upside of 49.8% 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 2023?

Desktop Metal's stock was trading at $1.36 at the beginning of the year. Since then, DM shares have increased by 36.2% and is now trading at $1.8522.
View the best growth stocks for 2023 here
.

When is Desktop Metal's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our DM earnings forecast
.

How were Desktop Metal's earnings last quarter?

Desktop Metal, Inc. (NYSE:DM) announced its quarterly earnings data on Wednesday, August, 11th. The pipeline company reported ($0.08) earnings per share for the quarter, topping analysts' consensus estimates of ($0.10) by $0.02. The pipeline company earned $18.98 million during the quarter, compared to analysts' expectations of $19.70 million. Desktop Metal had a negative net margin of 349.92% and a negative trailing twelve-month return on equity of 24.26%.

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

Desktop Metal updated its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $210.00 million-$260.00 million, compared to the consensus revenue estimate of $237.52 million.

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (6.49%), State Street Corp (2.08%), Susquehanna International Group LLP (0.00%), Geode Capital Management LLC (1.50%), ARK Investment Management LLC (1.04%) and Simplex Trading LLC (0.00%). 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 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 $1.85.

How much money does Desktop Metal make?

Desktop Metal (NYSE:DM) has a market capitalization of $595.41 million and generates $209.02 million in revenue each year. The pipeline company earns $-740,340,000.00 in net income (profit) each year or ($2.29) on an earnings per share basis.

How many employees does Desktop Metal have?

The company employs 1,200 workers across the globe.

How can I contact Desktop Metal?

Desktop Metal's mailing address is 120 TREDEGAR STREET, RICHMOND VA, 23219. The official website for the company is www.desktopmetal.com. The pipeline company can be reached via phone at 978-224-1244 or via email at investor.relations@dommidstream.com.

This page (NYSE:DM) was last updated on 6/1/2023 by MarketBeat.com Staff

My Account -