S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
'Civil War’ continues box-office campaign at No. 1
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Tens of thousands of Colombians protest against the leftist president's reform agenda
Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchanged
NYSE:DM

Desktop Metal (DM) Stock Price, News & Analysis

$0.84
+0.02 (+2.09%)
(As of 04/19/2024 08:50 PM ET)
Today's Range
$0.81
$0.87
50-Day Range
$0.47
$1.12
52-Week Range
$0.46
$2.30
Volume
3.64 million shs
Average Volume
3.59 million shs
Market Capitalization
$278.46 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.25

Desktop Metal MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
48.0% Upside
$1.25 Price Target
Short Interest
Bearish
31.83% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.16mentions of Desktop Metal in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.01 out of 5 stars

Industrial Products Sector

157th out of 168 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

11th out of 12 stocks

DM stock logo

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.

DM Stock Price History

DM Stock News Headlines

Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
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Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
Earnings Outlook For Desktop Metal
See More Headlines
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Company Calendar

Last Earnings
3/15/2024
Today
4/22/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
950
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.25
High Stock Price Target
$1.25
Low Stock Price Target
$1.25
Potential Upside/Downside
+48.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-323,270,000.00
Net Margins
-170.41%
Pretax Margin
-172.05%

Debt

Sales & Book Value

Annual Sales
$189.70 million
Cash Flow
$0.16 per share
Book Value
$0.74 per share

Miscellaneous

Free Float
283,975,000
Market Cap
$278.46 million
Optionable
Optionable
Beta
0.68
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Key Executives

  • Mr. Ric Fulop (Age 49)
    Co-Founder, CEO & Director
    Comp: $631.01k
  • Mr. Jonah Myerberg (Age 47)
    Co-Founder, CTO & Senior VP of Global Engineering
    Comp: $413.25k
  • Mr. Jason Cole (Age 49)
    CFO & Treasurer
    Comp: $591.91k
  • Mr. Thomas Nogueira (Age 40)
    Chief Operating Officer
    Comp: $389.45k
  • 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. Jay Gentzkow
    Vice President of Investor Relations

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 year. 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 research analysts have issued 1-year price targets for Desktop Metal's stock. Their DM share price targets range from $1.25 to $1.25. On average, they anticipate the company's stock price to reach $1.25 in the next year. This suggests a possible upside of 48.0% 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 beginning of 2024. Since then, DM stock has increased by 12.5% and is now trading at $0.8446.
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) released its quarterly earnings data on Friday, March, 15th. The pipeline company reported ($0.05) earnings per share (EPS) for the quarter. The pipeline company had revenue of $52.35 million for the quarter. Desktop Metal had a negative trailing twelve-month return on equity of 29.25% and a negative net margin of 170.41%. During the same quarter in the previous year, the firm 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).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 earnings per share 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?
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 Kingswood Wealth Advisors LLC (0.48%). 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 4/22/2024 by MarketBeat.com Staff

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