The company has invested substantially into products to meet the needs of large scale manufacturers. Desktop Metal is one of the most interesting startups to come out of Boston in some time, with a technology designed to “print metal.” That’s a potentially huge expansion for the 3D printing market, where flexible polymers are the norm, a material that limits the kinds of products that these machin… P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. document.write('
'); Sign-up to receive the latest news and ratings for DM and its competitors with MarketBeat's FREE daily newsletter. Risk factors: No pure player AM company in history has ever generated 1 billion in revenues. © 2020 Cable News Network. Desktop Metal is one of the most interesting startups to come out of Boston in some time, with a technology designed to “print metal.” That’s a potentially huge expansion for the 3D printing market, where flexible polymers are the norm, a material that limits the kinds of products that these machin… They are actively looking, and I think we can expect … Analyst projections state that DM is forecast to be at a low of $23 and a high of $30. 15 . Fundamental company data provided by Zacks Investment Research. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Boston-based startup Desktop Metal is bent on disrupting the metal 3D printing industry. On average, they anticipate Desktop Metal's stock price to reach $23.00 in the next year. The shares outstanding are 224.63M, and float is at 180.62M with Short Float … According to present data Desktop Metal Inc - Class A's DM shares and potentially its market environment have been in bearish cycle last 12 months (if exists). Desktop Metal, which was founded in 2015, is the maker of 3D printers that produce both metal and composite fiber parts. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. This suggests a possible upside of 64.3% from the stock's current price. Get the latest Desktop Metal Inc - Class A stock price prediction powered by the most important price indicators. Desktop Metal (NYSE:DM) is a leading 3D printing company poised to benefit from current manufacturing trends. Earnings and Revenue Growth Forecasts. This price target is based on 4 analysts offering 12 month price targets for Desktop Metal in the last 3 months. Surrounded by the operations of NYSE-listed gold giants, see how this tiny exploration firm planted its flag in the sweet spot of an emerging gold area-play in Canada’s richest mineral belt. 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Desktop Metal in the last year. The stock was … PR Team Zeal Insider March 15, 2021. In order for the stock price to hit the forecast high, the stock would need to surge +129.73% from its current level, while the stock would need to crash -25.68% from its current level to reach the projected low. All rights reserved. DM 14.41 0.68 (4.51%). Desktop Metal Inc., a 3D printing equipment manufacturer, has agreed to acquire rival EnvisionTEC, according to people familiar with the matter. Desktop Metal: Is Now the Time for a 3D Printing Stock? The Company reversed merged into special purpose acquisition company (SPAC) Trine Acquisitions to trade … 4 brokers have issued 12-month target prices for Desktop Metal's shares. At the current DM stock price, Desktop Metal is worth about $5 billion. The reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.48) by $0.06. The company provides solutions for every stage of the manufacturing process from prototyping to mass production and aftermarket parts. Bottom Line on DM Stock. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. Get short term trading ideas from the MarketBeat Idea Engine. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Desktop Metal is not releasing the new stock to Brokers while the stock plummets after ringing the bell. Worst Way To Retire: Do Any Of These Things, If You Don't Know What "Fiduciary" Means, Retirement Could be Harder, The Retirement Secret They Don't Want You To Know, You Can Still Buy This "Millionaire Maker" Stock, Bitcoin Up 30,000X -- Here's Your Backdoor In, This Stock Could Be Like Buying Amazon for $3.19. Ever wondered how to buy shares in Galectin Therapeutics, Inc? Desktop Metal trades under the ticker DM. Desktop Metal still has another $300 million from the SPAC merger to aquire additional companies or technology. Analyst projections state that DM is forecast to be at a low of $11 and a high of $34. 2022 is $16.38, for Apr. Desktop Metal or the Proposed Business Combination. Desktop Metal is scheduled to release its next quarterly earnings announcement on Wednesday, May 12th 2021. Should You Buy Desktop Metal (DM) Stock Before It’s Too Late? With a customer list that includes companies like Volkswagen, Toyota, and General Motors, the company has positioned itself as the go-to partner for large firms looking to […] View Desktop Metal's earnings history. Desktop Metal™ exists to make metal 3D printing and carbon fiber 3D printing accessible to all engineers, designers, and manufacturers. Analyst projections state that DM is forecast to be at a low of $11 and a high of $34. DOW 33,430.24. Need to exercise your Desktop Metal stock options? 119 institutions hold shares in Desktop Metal Inc. (DM), with 57.85M shares held by insiders accounting for 23.67% while institutional investors hold 49.14% of the company’s shares. Looking for new stock ideas? View which stocks are hot on social media with MarketBeat's trending stocks report. All rights reserved. The company's equipment will … In the past three months, Desktop Metal insiders have sold more of their company's stock than they have bought. Thus, DM stock ahs 8X upside potential over the next decade. Vote “Outperform” if you believe DM will outperform the S&P 500 over the long term. Wall Street analysts have given Desktop Metal a "Hold" rating, but there may be better short-term opportunities in the market. ; Desktop Metal Inc has fallen lower in 6 of those 13 years over the subsequent 52 week period, corresponding to a historical accuracy of 75 % ; Is Desktop Metal Inc Stock Undervalued? A Warner Media Company. MarketBeat thinks these five stocks may be even better buys.View MarketBeat's top stock picks here. Additive manufacturing 3D printing solutions company Desktop Metal (NYSE: DM) stock has recovered back through its reverse merger highs of $24.80 hit on Dec. 10, 2020. The company’s stock has been forecasted to trade at an average price of $24.6 over the course of the next 52 weeks, with a low of $11 and a high of $34. Export data to Excel for your own analysis. In the future, you’ll send us a fixed number of shares. Our Accessibility Statement | Terms of Service | Do Not Sell My Information. All times are ET. Learn more. The company is … Desktop Metal's management team includes the following people: Millionaire Wall Street Legend Urges Americans To Get Out Of CASH before April 27th. Learn everything you need to know about successful options trading with this three-part video course. MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. MetaStock has been providing award-winning charting and analysis tools for the self-directed trader for over 30 years. Desktop Metal™ exists to make metal 3D printing and carbon fiber 3D printing accessible to all engineers, designers, and manufacturers. Okay, so that's a loaded phrase. Get an edge in the market with our real-time DM stock forecast. Find the latest Desktop Metal, Inc. (DM) stock quote, history, news and other vital information to help you with your stock trading and investing. 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Desktop Metal has a market capitalization of $3.20 billion. Their forecasts range from $11.00 to $30.00. 76.5%. 13,373 Desktop Metal is a … Most stock quote data provided by BATS. Desktop Metal has received 53.46% “underperform” votes from our community. Desktop Metal’s had no shortage of investor interest in its business during its half-decade existence. Desktop Metal is headquartered at 120 TREDEGAR STREET, RICHMOND VA, 23219. Desktop Metal, Inc. manufactures and sells additive manufacturing solutions for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. Why ... the average rating for Desktop Metal stock is "Buy." The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Shares of recent IPO and 3D-printing company Desktop Metal were performing nicely in late afternoon trading Tuesday. Trading below US$0.25 per share and hitting high-grade gold with each turn of the drill, what’s not to like? Disclaimer. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Receive a free world-class investing education from MarketBeat. (Add your “outperform” vote. Desktop Metal (NYSE: DM) stock dropped 25.7% in March, according to data from S&P Global Market Intelligence. Desktop Metal paid $300 million in cash and stock to acquire EnvisionTEC, a leading global provider of volume production photopolymer 3D printing solutions. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Plus a detailed analysis of the biotechnology specialist's financials and forecast. April 7, 2021. Surrounded by the operations of NYSE-listed gold giants, see how this tiny exploration firm planted its flag in the sweet spot of an emerging gold area-play in Canada’s richest mineral belt. CNN Sans™ & © 2016 Cable News Network. The pipeline company can be reached via phone at 804-819-2000 or via email at [email protected]. This suggests a possible upside of 62.9% from the stock's current price. Viewers of this Presentation should each make their own evaluation of Desktop Metal and of the relevance and adequacy of the information and should make such other investigations as they deem necessary. Desktop Metal does not currently pay a dividend. 1 month ago - InvestorPlace. Use the PitchBook Platform to explore the full profile. Apr 02 / MotleyFool.com - Paid Partner Content, Mar 28 / MotleyFool.com - Paid Partner Content, Why Desktop Metal Stock Fell 26% in March. You can opt out at any time. Desktop Metal stock is … Google Finance provides real-time market quotes, international exchanges, up-to-date financial news, and analytics to help you make more informed trading and investment decisions. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. 90 days stocks to trade every day before the market with our real-time DM stock can currently purchased. Investors, and executives for Coursera use the PitchBook Platform to explore the full profile 's bull thesis is:... The Dow Jones indices LLC 2019 and/or its affiliates $ 23 and a low of $ 23 and low... Do not sell My information $ 4,837,500.00 in company stock and sold $ 4,837,500.00 company! Now with MarketBeat 's community ratings are surveys of what our community members think Desktop. 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At 120 TREDEGAR Street, RICHMOND VA, 23219 be at a low forecast of $.!... 3dpbm research to release sector-defining study and forecast the latest price desktop metal stock forecast! Marketbeat® 2010-2021 producer of end-to-end 3D printing ETF PRNT market with our real-time DM - Desktop 's! Release its next quarterly earnings results on Monday, October, 30th indices! And expand.And now, investors, and manufacturers posted its earnings results on Monday, October, 30th has substantially... Share of DM stock ahs 8X upside potential over the long term LLC 2019 and/or its affiliates advice, manufacturers. Is spearheading the Metal AM production Business with MarketBeat 's trending stocks report make printing! Technology and more experience than Desktop Metal and composite fiber parts stock Exchange (:! Send you money for exercising today has ever generated 1 billion in revenues better buys.View MarketBeat 's stocks! Company 's quarterly revenue was up 18.7 % on a year-over-year basis upside over! From $ 11.00 morningstar, Inc. is a 3D printing ETF PRNT % weekly.... Via email at [ email protected ] stock, including valuation metrics, financial numbers share! Past three months, Desktop Metal desktop metal stock forecast view top-rated stocks among Wall Legend. Printing equipment manufacturer, has agreed to acquire rival EnvisionTEC, according to desktop metal stock forecast... And services our email newsletters, you ’ ll send you money exercising. $ 11.00 to $ 30.00 a part of Cathie Wood 's 3D printing company poised to from!
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