Desktop Metal, Inc. (DM)
| Market Cap | 2.02B |
| Revenue (ttm) | 46.76M |
| Net Income (ttm) | -136.36M |
| Shares Out | 260.68M |
| EPS (ttm) | -0.45 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 13,261,111 |
| Open | 7.70 |
| Previous Close | 7.72 |
| Day's Range | 7.58 - 7.88 |
| 52-Week Range | 7.12 - 34.94 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 14.80 (+91.2%) |
| Est. Earnings Date | Nov 10, 2021 |
About DM
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. The company offers Production System, an industrial manufacturing solution; Shop System, a turnkey binder jetting platform for machine and job shops; Studio System, an office metal 3D printing system; and Fiber, a desktop 3D printer. It serves automotive, aerospace, healthcare, consumer products, heavy industry, machine design, and research and developmen...
Financial Performance
In 2020, Desktop Metal's revenue was $16.47 million, a decrease of -37.71% compared to the previous year's $26.44 million. Losses were -$90.43 million, -12.71% less than in 2019.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for Desktop Metal stock is "Buy." The 12-month stock price forecast is 14.80, which is an increase of 91.21% from the latest price.
News
EnvisionTEC and Covestro Collaborate on Material and Printer Solutions for DLP 3D Printing Tooling Applications
DEARBORN, Mich. & LEVERKUSEN, Germany--(BUSINESS WIRE)-- #3DP--EnvisionTEC and Covestro announce a collaboration on e-PerFORM material and the P4K printer as a solution for DLP 3D printing tooling appli...
Desktop Metal Acquires Aidro, Adding Critical Capabilities in Design and High-volume Production of Fluid Power System...
BOSTON--(BUSINESS WIRE)-- #3DP--Desktop Metal acquires Aidro, adding critical capabilities to accelerate adoption of AM 2.0 in oil and gas, aerospace, agriculture, mobile and more.
Desktop Metal Stock Has a New Future With or Without the Support of Reddit
DM stock sailed and sank in 2021, but that doesn't have to be the end of the story as Desktop Metal is set to nearly double its IP portfolio. The post Desktop Metal Stock Has a New Future With or Withou...
Two Asymmetric Bets That Can 10x Your Money
Options might seem intimidating if you haven't tried them before, but here are some smart bets can be a great entryway into them. The post Two Asymmetric Bets That Can 10x Your Money appeared first on I...
Desktop Metal Launches 316L Stainless Steel for Manufacturing on the Shop System
BOSTON--(BUSINESS WIRE)-- #316L--Desktop Metal launches 316L stainless steel for manufacturing on the Shop System.
Desktop Metal, Inc. (DM) Moves to Buy: Rationale Behind the Upgrade
Desktop Metal, Inc. (DM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
3 Hypergrowth Stocks in Fallen Angel Industries
Some of the best stocks come from companies in industries that had some early excitement that fizzled out. Here are three to check out.
Why Stratasys, Proto Labs, and Desktop Metal Stocks Dropped 10% This Week
It's the economy, smartypants.
Desktop Metal Took a Beating but DM Stock Is Solid Long-Term Buy
Desktop Metal's quarterly numbers themselves were good. But we believe Wall Street is looking past these numbers and honing in on two things, which ultimately won't affect DM stock's long-term potential.
EXONE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Pri...
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 The ExOne Company ...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of The ExOne Company
NEW YORK, Aug. 12, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by The ExOne Company (NASDAQ: XONE) and its board of directors concerning the proposed acquis...
Why Desktop Metal Popped -- and ExOne Stock Soared
It's earnings day for both companies, and merger day, too.
Desktop Metal Earnings Miss Expectations; Company Announces ExOne Acquisition
ExOne (XONE) stock soared 39% and Desktop Metal (DM) stock rose 2% in Wednesday's after-hours trading session following the big acquisition news in the 3D printing industry.
Desktop Metal To Acquire ExOne For $575M
Desktop Metal Inc (NYSE: DM) has agreed to acquire all of the issued and outstanding shares of ExOne Co (NASDAQ: XONE) for $575 million, consisting of $192 million in cash and $383 million in share cons...
Desktop Metal is acquiring industrial 3D printing company ExOne
As part of its earnings call this week, Desktop Metal announced plans to acquire ExOne. The Pennsylvania-based firm creates a variety of different industrial 3D printers for industries like aerospace, a...
Desktop Metal Announces Second Quarter 2021 Financial Results
BOSTON--(BUSINESS WIRE)--Desktop Metal today announces its financial results for the second quarter ended June 30, 2021 and recent business highlights.
Desktop Metal Earnings: What to Watch on Wednesday After the Market Close
In the 3D printing company's second-quarter earnings report, investors should focus on the usual key numbers and launch plans for the Production System P-50.
Desktop Health Launches Metal Binder Jetting for Dental Labs, Starting With Chrome Cobalt to Enable Fully Digital Wor...
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #3DPrinted--Desktop Health brings the Shop System to dental labs to deliver faster, cost-effective dental production capabilities, starting with chrome cobalt.
Desktop Metal Qualifies Titanium for Manufacturing with the Studio System 2
BOSTON--(BUSINESS WIRE)-- #3Dprint--Desktop Metal is the first to commercialize titanium alloy Ti-6Al-4V (Ti64) for bound metal production of high-strength, lightweight components.
Desktop Metal to Release Second Quarter 2021 Financial Results on Wednesday, August 11, 2021
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the second quarter ended June 30, 2021 after the market closes on Wednesday, August 11, 2021....
Could These 5 Stocks Be Worth $500 Billion Decades From Now? Twitter Users Think So
Twitter polls and questions can be interesting as they can provide investment ideas and due diligence. A larger reaction from Twitter Inc (NYSE: TWTR) users can also highlight which stocks have the high...
Desktop Metal Announces Appointment of James Eisenstein as New Director
BOSTON--(BUSINESS WIRE)-- #3DP--Desktop Metal appoints James Eisenstein to its Board of Directors, bringing 30 years of leadership in public and private technology companies.
Desktop Metal Acquires Aerosint For Undisclosed Sum
Desktop Metal Inc (NYSE: DM) acquired Aerosint, a forerunner in multi-material deposition systems for powder-based additive manufacturing (AM) solutions. The financial terms of the transaction remain un...
Desktop Metal Acquires Aerosint, Adding Multi-Material Capabilities to Leading Additive Manufacturing 2.0 Technology ...
BOSTON--(BUSINESS WIRE)-- #3DP--Desktop Metal acquires Aerosint, a pioneer in multi-material deposition systems for powder-based additive manufacturing solutions.
Desktop Health Adds PhonoGraft Biofabrication Platform to Growing Technology Portfolio
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #3DP--Desktop Health to develop PhonoGraft technology, a 3D printed biofabrication solution that offers a promising pathway for soft tissue regeneration.