Desktop Metal, Inc. (DM)
Market Cap | 95.02M |
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 | 479,927 |
Open | 3.010 |
Previous Close | 3.100 |
Day's Range | 2.805 - 3.070 |
52-Week Range | 2.805 - 11.800 |
Beta | 0.55 |
Analysts | Hold |
Price Target | 5.50 (+92.98%) |
Earnings Date | Oct 31, 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... [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
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...
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.
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...
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...
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.
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.
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...
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...
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...
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 ...
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...
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....
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.
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...
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 ...
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...
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...
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.
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...
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...
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.
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.
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.
Desktop Metal Releases Live Inspect™ Tolerance Analysis and Scan Adjustment Software for Additively Manufactured Parts
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced the launch of Live Inspect™ for analyzi...
Desktop Metal to Effect a Reverse Stock Split
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (the “Company”) announced today that its Board of Directors has approved a 1-for-10 reverse stock split of the Company's Class A common stock. T...