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Desktop Metal, Inc. (DM)

NYSE: DM · IEX Real-Time Price · USD
7.70
-0.04 (-0.52%)
After-hours:Sep 17, 2021 7:59 PM EDT
7.74
0.02 (0.26%)
At close: Sep 17, 4:00 PM
Market Cap2.02B
Revenue (ttm)46.76M
Net Income (ttm)-136.36M
Shares Out260.68M
EPS (ttm)-0.45
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume13,261,111
Open7.70
Previous Close7.72
Day's Range7.58 - 7.88
52-Week Range7.12 - 34.94
Betan/a
AnalystsBuy
Price Target14.80 (+91.2%)
Est. Earnings DateNov 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...

IndustryComputer Hardware
Founded2015
Employees202
Stock ExchangeNYSE
Ticker SymbolDM
Full Company Profile

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 Statements

Analyst 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.

Price Target
$14.80
(91.21% upside)
Analyst Consensus: Buy

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...

6 days ago - Business Wire

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.

1 week ago - Business Wire

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...

1 week ago - InvestorPlace

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...

3 weeks ago - InvestorPlace

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.

3 weeks ago - Business Wire

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 weeks ago - Zacks Investment Research

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.

Other symbols:MTTR
4 weeks ago - InvestorPlace

Why Stratasys, Proto Labs, and Desktop Metal Stocks Dropped 10% This Week

It's the economy, smartypants.

Other symbols:PRLBSSYS
4 weeks ago - The Motley Fool

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.

1 month ago - InvestorPlace

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 ...

Other symbols:XONE
1 month ago - Business Wire

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...

Other symbols:XONE
1 month ago - PRNewsWire

Why Desktop Metal Popped -- and ExOne Stock Soared

It's earnings day for both companies, and merger day, too.

Other symbols:XONE
1 month ago - The Motley Fool

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.

Other symbols:XONE
1 month ago - The Motley Fool

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...

Other symbols:XONE
1 month ago - Benzinga

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...

Other symbols:XONE
1 month ago - TechCrunch

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.

1 month ago - Business Wire

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.

1 month ago - The Motley Fool

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.

1 month ago - Business Wire

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.

1 month ago - Business Wire

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....

1 month ago - Business Wire

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...

Other symbols:AYXBOMNBYNDWISH
1 month ago - Benzinga

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.

1 month ago - Business Wire

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...

2 months ago - Benzinga

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.

2 months ago - Business Wire

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.

2 months ago - Business Wire