NYSE:MKFG

Markforged (MKFG) Stock Forecast, Price & News

$1.45

+0.04 (+2.84%)

(As of 09/29/2023 ET)

Compare

Today's Range: $1.37
▼
$1.47
50-Day Range: $1.19
▼
$2.22
52-Week Range: $0.71
▼
$2.30

Volume: 827,547 shs
Average Volume: 714,606 shs
Market Capitalization: $286.12 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.23

Markforged MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 54.0% Upside
$2.23 Price Target
Short Interest: Healthy
3.73% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.26) to ($0.20) Per Share

Overall MarketRank^™

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

1.97 out of 5 stars

Industrial Products Sector

130th out of 180 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

9th out of 12 stocks

3.0

Analyst's Opinion

Consensus Rating
Markforged has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.23, Markforged has a forecasted upside of 54.0% from its current price of $1.45.
Amount of Analyst Coverage
Markforged has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.73% of the float of Markforged has been sold short.
Short Interest Ratio / Days to Cover
Markforged has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Markforged has recently increased by 1.34%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Markforged does not currently pay a dividend.
Dividend Growth
Markforged does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MKFG.

2.0

News and Social Media Coverage

News Sentiment
Markforged has a news sentiment score of 0.59. 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.
Search Interest
Only 8 people have searched for MKFG on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.
MarketBeat Follows
5 people have added Markforged to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Markforged insiders have not sold or bought any company stock.
Percentage Held by Insiders
43.50% of the stock of Markforged is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
52.93% of the stock of Markforged is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Markforged are expected to grow in the coming year, from ($0.26) to ($0.20) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Markforged is -3.92, 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. Sector
The P/E ratio of Markforged is -3.92, 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 Ratio
Markforged has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Markforged (NYSE:MKFG) Stock

Markforged Holding Corporation produces and sells 3D printers, materials, software, and other related services worldwide. It offers desktop, industrial, and metal 3D printers; and composite, continuous fiber, and metal parts, as well as advanced 3D printing software. The company serves customers in aerospace, military and defense, industrial automation, space exploration, healthcare, and automotive industries. Markforged Holding Corporation was founded in 2013 and is headquartered in Waltham, Massachusetts.

MKFG Price History

30 days | 90 days | 365 days | Advanced Chart

MKFG Stock News Headlines

September 18, 2023 | finance.yahoo.com

Markforged Unlocks The Future Of Distributed Manufacturing, Enabling Manufacturer-Certified Parts To Be Licensed And Printed At The Point Of Need

September 15, 2023 | finance.yahoo.com

Markforged to Host 2023 Investor Day

October 1, 2023 | Oxford Club (Ad)

Better Than Oil Stocks

The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment.

September 15, 2023 | msn.com

Cathie Wood Goes Bargain-Hunting: 3 Stocks She Just Bought.

August 11, 2023 | msn.com

Markforged Holding Corporation (MKFG) Reports Q2 Loss, Tops Revenue Estimates

August 11, 2023 | finance.yahoo.com

Markforged Announces Second Quarter 2023 Results

August 8, 2023 | msn.com

Printing Money With Markforged?

August 1, 2023 | nasdaq.com

Markforged Holding Corporation Common Stock (MKFG)

October 1, 2023 | Oxford Club (Ad)

Better Than Oil Stocks

The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment.

August 1, 2023 | seekingalpha.com

Markforged: Potential Acquisition Candidate

July 19, 2023 | technews.tmcnet.com

Markforged Sets Reporting Date for Second Quarter 2023 Financial Results

July 17, 2023 | finance.yahoo.com

Investors in Markforged Holding (NYSE:MKFG) have unfortunately lost 41% over the last year

July 12, 2023 | markets.businessinsider.com

Craig-Hallum Reaffirms Their Buy Rating on Markforged Holding (MKFG)

July 5, 2023 | msn.com

Markforged Holding Corporation: More Patience Is Required

July 5, 2023 | markets.businessinsider.com

Craig-Hallum Keeps Their Buy Rating on Markforged Holding (MKFG)

June 22, 2023 | marketwatch.com

8-K: Markforged Holding Corp

June 5, 2023 | finance.yahoo.com

Markforged Announces Changes to the Board of Directors

June 4, 2023 | fool.com

Markforged (NYSE: MKFG)

May 26, 2023 | finance.yahoo.com

This Markforged Holding Insider Increased Their Holding By 33% Last Year

May 13, 2023 | markets.businessinsider.com

Lake Street Reaffirms Their Buy Rating on Markforged Holding (MKFG)

May 12, 2023 | msn.com

Credit Suisse Reiterates Markforged Holding (MKFG) Neutral Recommendation

May 12, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Markforged Holding (MKFG), Entegris (ENTG) and Yeti Holdings (YETI)

May 11, 2023 | msn.com

Recap: Markforged Holding Q1 Earnings

May 11, 2023 | technews.tmcnet.com

Markforged Announces CFO Transition

May 11, 2023 | msn.com

Markforged CFO Schwartz to step down

May 11, 2023 | finance.yahoo.com

Markforged Holding Corporation (MKFG) Reports Q1 Loss, Tops Revenue Estimates

May 11, 2023 | finance.yahoo.com

Markforged Announces First Quarter 2023 Results

See More Headlines

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MKFG Company Calendar

Last Earnings: 8/10/2023
Today: 9/30/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Computer peripheral equipment, not elsewhere classified
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NYSE:MKFG
CUSIP: N/A
CIK: 1816613
Web: www.a-star.co
Phone: 866-496-1805
Fax: N/A
Employees: 428
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $2.23
High Stock Price Forecast: $3.00
Low Stock Price Forecast: $1.70
Forecasted Upside/Downside: +54.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.37)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-25,390,000.00
Net Margins: -68.68%
Pretax Margin: -69.43%
Return on Equity: -22.45%
Return on Assets: -16.33%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.44
Quick Ratio: 4.63

Sales & Book Value

Annual Sales: $104.41 million
Price / Sales: 2.74
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.30 per share
Price / Book: 1.12

Miscellaneous

Outstanding Shares: 197,321,000
Free Float: 111,486,000
Market Cap: $286.12 million
Optionable: Optionable
Beta: 1.38

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Key Executives

Mr. Shai Terem (Age 45)
Pres, CEO & Director
Comp: $842.2k

Mr. Stephen Karp (Age 48)
Gen. Counsel & Sec.
Comp: $368.7k

Mr. Assaf Zipori (Age 48)
Acting CFO & Sr. VP of Strategy and Corp. Devel.

Ms. Kara Weiner
Sr. VP of Operations

Mr. Austin Richard Bohlig
Director of Investor Relations

Ms. Paulina Bucko
Head of Communications

Mr. Andrew Hally
Chief Marketing Officer

Ms. Dorit Liberman (Age 53)
Chief HR Officer

Mr. John Howard
Sr. VP of Engineering

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MKFG Stock - Frequently Asked Questions

Should I buy or sell Markforged stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Markforged in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MKFG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MKFG, but not buy additional shares or sell existing shares.
View MKFG analyst ratings or view top-rated stocks.
What is Markforged's stock price forecast for 2023?: 1 brokers have issued 12-month price objectives for Markforged's stock. Their MKFG share price forecasts range from $1.70 to $3.00. On average, they anticipate the company's share price to reach $2.23 in the next twelve months. This suggests a possible upside of 54.0% from the stock's current price.
View analysts price targets for MKFG or view top-rated stocks among Wall Street analysts.
How have MKFG shares performed in 2023?: Markforged's stock was trading at $1.16 at the beginning of the year. Since then, MKFG shares have increased by 25.0% and is now trading at $1.45.
View the best growth stocks for 2023 here.
When is Markforged's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our MKFG earnings forecast.
How were Markforged's earnings last quarter?: Markforged Holding Co. (NYSE:MKFG) issued its quarterly earnings data on Thursday, August, 10th. The company reported ($0.07) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.07). The business had revenue of $25.45 million for the quarter, compared to the consensus estimate of $24.14 million. Markforged had a negative net margin of 68.68% and a negative trailing twelve-month return on equity of 22.45%.
What ETFs hold Markforged's stock?: ETFs with the largest weight of Markforged (NYSE:MKFG) stock in their portfolio include 3D Printing ETF (PRNT) and ARK Autonomous Technology & Robotics ETF (ARKQ).ARK Space Exploration & Innovation ETF (ARKX).

What guidance has Markforged issued on next quarter's earnings?: Markforged issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of -$0.27--$0.25 for the period, compared to the consensus EPS estimate of -$0.26. The company issued revenue guidance of $101.00 million-$110.00 million, compared to the consensus revenue estimate of $106.90 million.
What is Markforged's stock symbol?: Markforged trades on the New York Stock Exchange (NYSE) under the ticker symbol "MKFG."
How do I buy shares of Markforged?: Shares of MKFG 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 Markforged's stock price today?: One share of MKFG stock can currently be purchased for approximately $1.45.
How much money does Markforged make?: Markforged (NYSE:MKFG) has a market capitalization of $286.12 million and generates $104.41 million in revenue each year. The company earns $-25,390,000.00 in net income (profit) each year or ($0.37) on an earnings per share basis.
How many employees does Markforged have?: The company employs 428 workers across the globe.
How can I contact Markforged?: Markforged's mailing address is Floor 4, Cricket Square, Grand Cayman KYI-9010. The official website for the company is www.a-star.co. The company can be reached via phone at 866-496-1805 or via email at investors@markforged.com.

This page (NYSE:MKFG) was last updated on 10/1/2023 by MarketBeat.com Staff

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