Desktop Metal, Inc. (DM)

Market Cap	142.73M
Revenue (ttm)	188.98M
Net Income (ttm)	-322.73M
Shares Out	33.04M
EPS (ttm)	-9.90
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,453,597
Open	4.070
Previous Close	4.070
Day's Range	3.913 - 4.560
52-Week Range	3.620 - 20.000
Beta	0.64
Analysts	Buy
Price Target	12.50 (+189.35%)
Earnings Date	Aug 1, 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 one analyst, the rating for DM stock is "Buy" and the 12-month stock price forecast is $12.5.

Price Target

$12.5

(189.35% upside)

Analyst Consensus: Buy