Desktop Metal, Inc. (DM)
Market Cap | 74.35M |
Revenue (ttm) | 168.28M |
Net Income (ttm) | -365.52M |
Shares Out | 33.34M |
EPS (ttm) | -11.11 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 378,756 |
Open | 2.470 |
Previous Close | 2.460 |
Day's Range | 2.220 - 2.560 |
52-Week Range | 2.020 - 11.800 |
Beta | 0.64 |
Analysts | Hold |
Price Target | 5.50 (+146.64%) |
Earnings Date | Mar 14, 2025 |
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... [Read more]
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.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for DM stock is "Hold" and the 12-month stock price forecast is $5.5.
News
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Desktop Metal Announces Trial Date in Lawsuit Against Nano Dimension
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that the Delaware Court of Chancery has set trial dates of March 11-12, 2025 in Desktop Metal's pen...
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Delaware Court of Chancery Grants Desktop Metal's Motion for an Expedited Trial; Trial to be Set for February; Desktop Metal Files Second Lawsuit Against Nano Dimension for Breach of Merger Agreement
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that at a hearing held in the Delaware Court of Chancery on December 30, 2024, the Court granted De...
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Desktop Metal Files Lawsuit Against Nano Dimension for Breach of Merger Agreement
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that it has filed a lawsuit against Nano Dimension Ltd. (“Nano Dimension”) in the Delaware Court of...
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Nano Dimension moves closer to closing Desktop Metal deal after shareholder vote
The proposed merger of 3-D printing companies Nano Dimension Ltd. and Desktop metal Inc. moved closer to completion on Thursday, after Desktop Metal shareholders voted to approve the deal.
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Desktop Metal Stockholders Approve Merger with Nano Dimension
WALTHAM, Mass.--(BUSINESS WIRE)-- #3Dprinting--Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”) and Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal” or “DM”) today jointly announced that, at a spe...
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Nano Dimension Acquisition of Desktop Metal Receives Support from Leading Proxy Advisory Firm - ISS
WALTHAM, Mass.--(BUSINESS WIRE)-- #3Dprinting--Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or “Nano”) and Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal” or “DM”) today jointly announced that...
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Desktop Metal Qualifies Continuum's Recycled Superalloy for Use on its Metal Binder Jet 3D Printers
BOSTON & HOUSTON--(BUSINESS WIRE)-- #3Dprinting--Continuum's 100% re-atomized Mar-M247 powder is now qualified for use on Desktop Metal's X25Pro binder jet 3D printer platform.
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Desktop Metal's Transformative Metal Manufacturing Technologies to be Showcased at IMTS 2024
BOSTON--(BUSINESS WIRE)-- #3Dprinting--The Figur G-15 delivers on-demand sheet metal forming without unique tools and dies. This system will be producing parts live at IMTS 2024 in Chicago.
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Desktop Health® Announces Flexcera® Family Resins Validated for LuxCreo 3D Printers
BOSTON--(BUSINESS WIRE)--Desktop Health, the trusted production-grade dental 3D printing brand of Desktop Metal, Inc. (NYSE: DM), is proud to announce that Flexcera family resins are now qualified for...
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CFB and DM on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or bre...
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DESKTOP METAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Desktop Metal, Inc. - DM
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Desktop Metal, I...
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Desktop Metal, Inc. (DM) Q2 2024 Earnings Call Transcript
Desktop Metal, Inc. (NYSE:DM) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Michael Jordan - Vice President, Finance & Treasury Ric Fulop - Founder & Chief Executive ...
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Desktop Metal Announces Second Quarter 2024 Financial Results
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced its financial results for the second quarter en...
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Desktop Metal to Release Second Quarter 2024 Financial Results on Wednesday, July 31, 2024
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the second quarter ended June 30, 2024 before the market opens on Wednesday, July 31, 2024....
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Desktop Metal Announces Sale of First PureSinter™ Furnace to AmPd Labs
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Houston-based manufacturer purchases breakthrough new furnace design from Desktop Metal to support its fleet of DM's laser-free metal 3D printers.
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SHCR, DM on Behalf of Shareholders
NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breac...
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MORF, DM on Behalf of Shareholders
NEW YORK , July 9, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches ...
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates INFN, DM on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / July 3, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breach...
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ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Desktop Metal, Inc.
NEW YORK , July 3, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Desktop Metal, Inc. (NYSE: DM) and its board of directors concerning the proposed acquis...
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Nano Dimension is buying Desktop Metal
Nano Dimension announced plans Wednesday to acquire Desktop Metal. The finer financial details are still being worked out, ultimately ranging anywhere from $135 million to $183 million.
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Nano Dimension to Acquire Desktop Metal, Creating a Leader in Additive Manufacturing
WALTHAM, Mass. & BOSTON--(BUSINESS WIRE)--Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or “Nano”) and Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today jointly announced that they have en...
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Desktop Metal to Showcase New Breakthroughs in Production Metal and Ceramic Binder Jet 3D Printing at RAPID + TCT
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced it will showcase new customer 3D printi...
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The Desktop Metal X25Pro is Now Powered by TurboFuse™ – a High-Speed, High-Strength Binder That Dramatically Improves 3D Printing Times
BOSTON--(BUSINESS WIRE)-- #3Dprinting--TurboFuse improves already-fast binder jet 3D printing speeds by 50% or more and extends printhead life, making binder jetting even more affordable.
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In Partnership with BEGA, Desktop Metal to Showcase Aluminum Lighting Components Binder Jet 3D Printed on the X25Pro at RAPID + TCT
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal has now demonstrated a repeatable binder jet 3D printing process for Al6061 parts with the properties of common cast aluminum alloys.
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Platinum is now Customer-Qualified on the Desktop Metal Production System Binder Jet 3D Printing Platform by Legor
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Italy-based Legor has qualified Platinum for use on the Desktop Metal Production System P-1 metal binder jet 3D printer for jewelry production.