NYSE:DM Desktop Metal (DM) Stock Price, News & Analysis $4.84 +0.08 (+1.68%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$4.82▼$4.9350-Day Range$0.49▼$6.4452-Week Range$3.62▼$19.90Volume240,961 shsAverage Volume497,710 shsMarket Capitalization$160.08 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/Downside13.4% Upside$5.50 Price TargetShort InterestHealthy14.84% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.43Based on 7 Articles This WeekInsider TradingSelling Shares$111,600 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.1.18 out of 5 starsIndustrial Products Sector158th out of 172 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry11th out of 12 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 3.0 Short Interest Percentage of Shares Shorted14.84% 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 5.9.Change versus previous monthShort interest in Desktop Metal has recently decreased by 35.96%, indicating that investor sentiment is improving significantly. 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DM. Previous Next 2.5 News and Social Media Coverage News SentimentDesktop Metal has a news sentiment score of 0.43. 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 news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Desktop Metal this week, compared to 2 articles on an average week.Search Interest13 people have searched for DM on MarketBeat in the last 30 days. This is an increase of 117% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Desktop Metal to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% 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 $111,600.00 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 -0.49, 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 -0.49, 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 0.65. 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 Colonial MetalsCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.In answer to this issue, we have released a Special Report to the public. 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 HeadlinesJuly 25 at 5:36 PM | businesswire.comDesktop Metal to Release Second Quarter 2024 Financial Results on Wednesday, July 31, 2024July 25 at 8:30 AM | nz.finance.yahoo.comDesktop Metal, Inc. (8440.F)July 26, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.July 23 at 6:30 AM | investorplace.comEscape the Valley: 3 Smaller Tech Stocks Trump and Vance Are More Likely to LoveJuly 22, 2024 | businesswire.comDesktop Metal Announces Sale of First PureSinter™ Furnace to AmPd LabsJuly 10, 2024 | globenewswire.comSHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SHCR, DM on Behalf of ShareholdersJuly 9, 2024 | prnewswire.comSHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MORF, DM on Behalf of ShareholdersJuly 3, 2024 | prnewswire.comSHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Desktop Metal, Inc. - DMJuly 26, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.July 3, 2024 | prnewswire.comALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Desktop Metal, Inc.July 3, 2024 | techcrunch.comNano Dimension is buying Desktop MetalJune 24, 2024 | businesswire.comDesktop Metal to Showcase New Breakthroughs in Production Metal and Ceramic Binder Jet 3D Printing at RAPID + TCTJune 21, 2024 | investorplace.com3 Penny Stocks to Buy Now: June 2024June 20, 2024 | businesswire.comIn Partnership with BEGA, Desktop Metal to Showcase Aluminum Lighting Components Binder Jet 3D Printed on the X25Pro at RAPID + TCTJune 18, 2024 | businesswire.comDesktop Metal Releases Live Inspect™ Tolerance Analysis and Scan Adjustment Software for Additively Manufactured PartsJune 13, 2024 | investorplace.comPenny Stock Prodigals: 3 Companies Making a Triumphant Return to GloryJune 7, 2024 | businesswire.comDesktop Metal to Effect a Reverse Stock SplitJune 4, 2024 | businesswire.comDesktop Metal Introduces PureSinter™ – a High-Purity Vacuum Furnace that Delivers Premium Debind-and-Sinter Performance at an Affordable PriceSee 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 Earnings5/09/2024Today7/26/2024Next Earnings (Estimated)8/01/2024Fiscal 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+13.2%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-170.77% Pretax Margin-172.22% Return on Equity-29.78% Return on Assets-17.51% Debt Debt-to-Equity Ratio0.57 Current Ratio2.83 Quick Ratio1.64 Sales & Book Value Annual Sales$189.70 million Price / Sales0.85 Cash Flow$1.58 per share Price / Cash Flow3.07 Book Value$7.44 per share Price / Book0.65Miscellaneous Outstanding Shares33,040,000Free Float28,342,000Market Cap$160.57 million OptionableOptionable Beta0.61 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. 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 CompetitorsEnerflexNYSE:EFXTOusterNYSE:OUSTHesai GroupNASDAQ:HSAISolaris Oilfield InfrastructureNYSE:SOITPI CompositesNASDAQ:TPICView All CompetitorsInsiders & InstitutionsARK Investment Management LLCSold 6,699,613 shares on 7/26/2024Ownership: 1.547%Summit Securities Group LLCBought 62,409 shares on 7/26/2024Ownership: 0.189%Boston Standard Wealth Management LLCSold 1,854,744 shares on 7/10/2024Ownership: 0.624%Kingswood Wealth Advisors LLCSold 1,422,396 shares on 7/9/2024Ownership: 0.445%DNB Asset Management ASSold 434,462 shares on 7/5/2024Ownership: 0.277%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 35.4% and is now trading at $4.85. View the best growth stocks for 2024 here. How were Desktop Metal's earnings last quarter? Desktop Metal, Inc. (NYSE:DM) announced its quarterly earnings results on Thursday, May, 9th. The pipeline company reported ($0.50) earnings per share (EPS) for the quarter. The pipeline company had revenue of $40.60 million for the quarter. Desktop Metal had a negative net margin of 170.77% and a negative trailing twelve-month return on equity of 29.78%. When did Desktop Metal's stock split? Shares of Desktop Metal reverse split on 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 ARK Investment Management LLC (1.55%), Boston Standard Wealth Management LLC (0.62%), Kingswood Wealth Advisors LLC (0.44%) and DNB Asset Management AS (0.28%). 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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