NYSE:DM Desktop Metal (DM) Stock Price, News & Analysis $4.48 +0.02 (+0.45%) (As of 09/11/2024 ET) Add Compare Share Share Today's Range$4.43▼$4.4950-Day Range$4.06▼$5.3752-Week Range$3.62▼$16.30Volume109,237 shsAverage Volume455,589 shsMarket Capitalization$148.02 millionP/E RatioN/ADividend YieldN/APrice Target$5.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Desktop Metal alerts: Email Address Desktop Metal MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside22.8% Upside$5.50 Price TargetShort InterestBearish19.17% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 2 Articles This WeekInsider TradingSelling Shares$101,791 Sold Last QuarterProj. 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.0.62 out of 5 starsIndustrial Products Sector155th out of 165 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry11th out of 11 stocks 2.0 Analyst's Opinion Consensus RatingDesktop Metal has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageDesktop Metal has only been the subject of 2 research reports in the past 90 days.Read more about Desktop Metal's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted19.17% 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 5.3.Change versus previous monthShort interest in Desktop Metal has recently decreased by 3.92%, 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.Read more about Desktop Metal's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DM. Previous Next 1.4 News and Social Media Coverage News SentimentDesktop Metal has a news sentiment score of 0.53. 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 is a lower news sentiment than the 0.67 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Desktop Metal this week, compared to 2 articles on an average week.Search InterestOnly 10 people have searched for DM on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Desktop Metal to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Desktop Metal insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $101,791.00 in company stock.Percentage Held by Insiders14.22% 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.Read more about Desktop Metal's insider trading history. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Desktop Metal is -0.45, 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 -0.45, 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 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Desktop Metal's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTrillion Dollar Blockchain Shift Could Trigger THIS CoinIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this surge is a massive new blockchain development…YES, I WANT THE #1 CRYPTO NOW 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 HeadlinesSeptember 10 at 6:35 AM | finance.yahoo.comDesktop Metal Qualifies Continuum’s Recycled Superalloy for Use on its Metal Binder Jet 3D PrintersSeptember 5, 2024 | tmcnet.comDesktop Health® Announces Flexcera® Family Resins Validated for LuxCreo 3D PrintersSeptember 12, 2024 | Crypto 101 Media (Ad)Trader Books $13M Profit on “Nvidia of Crypto”A position trader recently booked an estimated $13.2 million profit on a single crypto currency… This little-known coin, dubbed the "Nvidia of crypto," is fueling the artificial intelligence boom – allowing top companies to train their AI systems without the need for expensive microchips.September 5, 2024 | tmcnet.comDesktop Metal's Transformative Metal Manufacturing Technologies to be Showcased at IMTS 2024August 29, 2024 | prnewswire.comSHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Looming Vote on October 2, 2024, of Desktop Metal, Inc. - DMAugust 27, 2024 | globenewswire.comSHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Looming Vote on October 2, 2024, of Desktop Metal, Inc. – DMAugust 18, 2024 | cnn.comHate working in the dark? Here are the 10 best desk lamps to brighten up your workspaceAugust 1, 2024 | nz.finance.yahoo.comDESKTOP METAL INC. A O.N. (8440.MU)September 12, 2024 | Crypto 101 Media (Ad)Trader Books $13M Profit on “Nvidia of Crypto”A position trader recently booked an estimated $13.2 million profit on a single crypto currency… This little-known coin, dubbed the "Nvidia of crypto," is fueling the artificial intelligence boom – allowing top companies to train their AI systems without the need for expensive microchips.August 1, 2024 | msn.comDesktop Metal, Inc. (NYSE:DM) Q2 2024 Earnings Call TranscriptJuly 31, 2024 | seekingalpha.comDesktop Metal, Inc. (DM) Q2 2024 Earnings Call TranscriptJuly 31, 2024 | finance.yahoo.comDesktop Metal Announces Second Quarter 2024 Financial ResultsJuly 31, 2024 | msn.comDesktop Metal Q2 2024 Earnings PreviewJuly 30, 2024 | finance.yahoo.comDesktop Metal (DM) Reports Earnings Tomorrow: What To ExpectJuly 29, 2024 | tmcnet.comDesktop Health® Announces Flexcera® Smile Ultra+ Dental Resin Validated for All-on-X Implant ProvisionalsJuly 25, 2024 | businesswire.comDesktop Metal to Release Second Quarter 2024 Financial Results on Wednesday, July 31, 2024July 25, 2024 | nz.finance.yahoo.comDesktop Metal, Inc. (8440.F)July 23, 2024 | investorplace.comEscape the Valley: 3 Smaller Tech Stocks Trump and Vance Are More Likely to LoveSee 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 Earnings5/09/2024Today9/12/2024Next Earnings (Estimated)11/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Special industry machinery, not elsewhere classified Sub-IndustryMachinery Current SymbolNYSE:DM CUSIPN/A CIK1603286 Webwww.desktopmetal.com Phone978-224-1244FaxN/AEmployees1,370Year FoundedN/APrice Target and Rating Average Stock Price Target$5.50 High Stock Price Target$5.50 Low Stock Price Target$5.50 Potential Upside/Downside+22.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($9.90) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-323,270,000.00 Net Margins-215.57% Pretax Margin-216.95% Return on Equity-35.69% Return on Assets-18.51% Debt Debt-to-Equity Ratio1.13 Current Ratio2.60 Quick Ratio1.31 Sales & Book Value Annual Sales$189.70 million Price / Sales0.79 Cash Flow$1.65 per share Price / Cash Flow2.72 Book Value$7.44 per share Price / Book0.60Miscellaneous Outstanding Shares33,260,000Free Float28,342,000Market Cap$149.00 million OptionableOptionable Beta0.61 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.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 CompetitorsSolaris Oilfield InfrastructureNYSE:SOIHesai GroupNASDAQ:HSAIMontana TechnologiesNASDAQ:AIRJGencor IndustriesNASDAQ:GENCOusterNYSE:OUSTView All CompetitorsInsiders & InstitutionsClearline Capital LPBought 92,255 shares on 8/16/2024Ownership: 0.279%AQR Capital Management LLCBought 40,478 shares on 8/15/2024Ownership: 0.178%Point72 Asia Singapore Pte. Ltd.Bought 55,435 shares on 8/15/2024Ownership: 0.167%Susquehanna Fundamental Investments LLCBought 50,399 shares on 8/15/2024Ownership: 0.152%Sculptor Capital LPSold 127,710 shares on 8/15/2024Ownership: 0.043%View All Insider TransactionsView All Institutional Transactions DM Stock Analysis - Frequently Asked Questions How have DM shares performed this year? Desktop Metal's stock was trading at $7.51 at the beginning of 2024. Since then, DM stock has decreased by 40.3% and is now trading at $4.48. View the best growth stocks for 2024 here. How were Desktop Metal's earnings last quarter? Desktop Metal, Inc. (NYSE:DM) released its earnings results on Thursday, May, 9th. The pipeline company reported ($0.50) earnings per share for the quarter. The pipeline company had revenue of $40.60 million for the quarter. Desktop Metal had a negative trailing twelve-month return on equity of 35.69% and a negative net margin of 215.57%. When did Desktop Metal's stock split? Desktop Metal shares reverse split on the morning of Tuesday, June 11th 2024. The 1-10 reverse split was announced on Friday, June 7th 2024. The number of shares owned by shareholders was adjusted after the market closes on Monday, June 10th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. Who are Desktop Metal's major shareholders? Top institutional investors of Desktop Metal include NEA Management Company LLC (4.33%), Alphabet Inc. (3.32%), Wolverine Asset Management LLC and ARK Investment Management LLC (1.55%). Insiders that own company stock include Ric Fulop, Jason M Cole, Scott J Dussault and Leo J Jr Hindery. 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. What other stocks do shareholders of Desktop Metal own? Based on aggregate information from My MarketBeat watchlists, some other companies that Desktop Metal investors own include Energy Transfer (ET), Frontier Communications (FTR), Dominion Energy (D), Uniti Group (UNIT), Ford Motor (F), ImmunoGen (IMGN) and SunCoke Energy Partners (SXCP). 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The country, with a populat...True Gold Republic | Sponsored 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. Share Desktop Metal With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. 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