Desktop Metal, Inc. (DM)

Market Cap	201.57M
Revenue (ttm)	188.98M
Net Income (ttm)	-322.73M
Shares Out	330.40M
EPS (ttm)	-0.99
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,118,114
Open	0.600
Previous Close	0.594
Day's Range	0.570 - 0.614
52-Week Range	0.455 - 2.300
Beta	0.70
Analysts	Buy
Price Target	2.75 (+350.82%)
Earnings Date	May 9, 2024

About 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; ET...

• Industry: Computer Hardware
• Sector: Technology
• Founded: 2015
• Employees: 950
• Stock Exchange: NYSE
• Ticker Symbol: DM

Financial Performance

In 2023, Desktop Metal's revenue was $189.70 million, a decrease of -9.25% compared to the previous year's $209.02 million. Losses were -$323.27 million, -56.33% less than in 2022.

Analyst Forecast

According to 3 analysts, the average rating for DM stock is "Buy." The 12-month stock price forecast is $2.75, which is an increase of 350.82% from the latest price.

Price Target

$2.75

(350.82% upside)

Analyst Consensus: Buy