Desktop Metal, Inc. (DM)
| Market Cap | 465.22M |
| Revenue (ttm) | 202.25M |
| Net Income (ttm) | -475.50M |
| Shares Out | 323.07M |
| EPS (ttm) | -1.49 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,537,904 |
| Open | 1.47 |
| Previous Close | 1.47 |
| Day's Range | 1.43 - 1.49 |
| 52-Week Range | 1.13 - 2.89 |
| Beta | 0.62 |
| Analysts | Buy |
| Price Target | 2.66 (+84.72%) |
| Earnings Date | Nov 8, 2023 |
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 Production System, an industrial manufacturing solution; Shop System, a mid-volume binder jetting platform; X-series platform for serial production binder jet 3D printed metal, ceramic, or composite parts, balancing speed, and quality; Studio System, an office metal 3D printing system; and Desktop Metal Furnace, which is paired with ... [Read more]
Financial Performance
In 2022, Desktop Metal's revenue was $209.02 million, an increase of 85.95% compared to the previous year's $112.41 million. Losses were -$740.34 million, 208.0% more than in 2021.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for DM stock is "Buy." The 12-month stock price forecast is $2.66, which is an increase of 84.72% from the latest price.
News
Leading Independent Proxy Advisory Firm ISS Recommends Desktop Metal Stockholders Vote “FOR” the Pending Merger with Stratasys
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced that leading independent proxy adviso...
Stratasys Mails Letter Urging Shareholders to Vote FOR All Stratasys Proposals
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today sent a letter reminding shareholders to v...
Desktop Metal Releases Video Showcasing How BMW Group Uses ExOne Binder Jetting Technology to Virtually Eliminate Emissions at its Landshut Light Metal Foundry
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Take a look Inside the Pioneering Additive Manufacturing Journey of ExOne and BMW at TeamDM.com/BMW.
Stratasys Urges Shareholders to Vote FOR the Desktop Metal Transaction
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today sent a letter urging Stratasys shareholde...
Desktop Metal and DSB Technologies Driving Metal Binder Jetting into Production with X-Series Lineup
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced that Wisconsin-based DSB Technologies...
Desktop Metal Announces Sale of Production System P-50 and Super Fleet of Metal Binder Jet Systems to FreeFORM Technologies
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced the sale of a Production System P-50 ...
Stratasys Mails Proxy Materials for Extraordinary General Meeting and Letter to Shareholders
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today announced that it has commenced mailing i...
Desktop Metal Announces Special Meeting of Stockholders to Vote on Proposed Merger with Stratasys
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced that it will hold a special meeting a...
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 Announces Second Quarter 2023 Financial Results
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced its financial results for the second quarter ended June 30, 2023. “We are very pleased with our operational execut...
Desktop Metal to Release Second Quarter 2023 Financial Results on Thursday, August 3, 2023
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the second quarter ended June 30, 2023 after the market closes on Thursday, A...
Stratasys to stick with Desktop Metal merger deal as 3D Systems bid was not ‘superior'
Stratasys Ltd. SSYS, +1.99% said Friday that it determined that the raised unsolicited buyout bid it received from 3D Systems Corp. DDD, +2.33% earlier this week was not a “superior proposal,” so the ...
Stratasys to review 3D Systems' raised bid, but still unanimously approves Desktop Metal merger deal
Stratasys Ltd. SSYS, -0.61% confirmed Tuesday that it received a revised “unsolicited” buyout bid from 3D Systems Corp. DDD, +1.90%, which effectively values the stock at a 20.4% premium to Monday's c...
Stratasys Files Preliminary Form F-4 and Additional Revenue and EBITDA Estimates for Superior Value Combination with Desktop Metal
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today filed a preliminary Form F-4 with the U.S...
Desktop Metal, Inc. Adopts Limited Duration Shareholder Rights Plan
BOSTON--(BUSINESS WIRE)-- #3Dprinting--The Board of Directors of Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal” or the “Company”) announced that it adopted a limited duration shareholder rights plan ...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Desktop Metal, Inc.
NEW YORK , May 25, 2023 /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...
Stratasys CEO on $1.8 Billion Desktop Metal Deal
Stratasys CEO Yoav Zeif joins Bloomberg's Scarlet Fu and Alex Barinka to discuss his outlook for the 3D printing space and why he thinks the merger with Desktop Metal will reshape the industry. ------...
Stratasys ($SSYS) and Desktop Metal ($DM) Announce Merger to Create 3D Printing Leader
Stratasys (NASDAQ: SSYS), a leading 3D printing company, and Desktop Metal (NYSE: DM) are joining forces in an all-stock merger valued at $1.8 billion. This partnership combines expertise in polymers ...
Shareholder Alert: Ademi LLP investigates whether Desktop Metal, Inc. has obtained a Fair Price in its transaction with Stratasys
MILWAUKEE , May 25, 2023 /PRNewswire/ -- Ademi LLP is investigating Desktop Metal (NYSE: DM) for possible breaches of fiduciary duty and other violations of law in its transaction with Stratasys Clic...
DM Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Desktop Metal, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Desktop Metal, Inc. (NYSE: DM) to Stratasys Ltd. for 0.123 ordinary shares of Stratasys f...
Nano Dimension launches $18 all-cash tender offer for Stratasys shares just moments after company unveils deal with Desktop Metal
Nano Dimension Ltd. NNDM, -0.82% said Thursday it has launched a tender offer at $18 per share in cash for to purchase between 38.8% to 40.8% of the outstanding shares of Stratasys Ltd.
Stratasys and Desktop Metal to combine in all-stock deal valued at about $1.8 billion that will create new player in 3-D printing space
Stratasys Ltd. SSYS, -2.49% and Desktop Metal Inc. DM, -4.89% said Thursday they have agreed to combine in an all-stock deal valued at about $1.8 billion that will create a new company in the 3-D prin...
Stratasys to Combine with Desktop Metal in Approximately $1.8 Billion All-Stock Transaction
MINNEAPOLIS & REHOVOT, Israel & BOSTON--(BUSINESS WIRE)-- #3Dprinting--Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys”) and Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that they have e...
Desktop Metal Announces First Quarter 2023 Financial Results
BOSTON--(BUSINESS WIRE)-- #3Dprinting--DM recognizes revenue of $41.3 million, with a growing number of repeat purchases from customers with multi-machine fleets of AM 2.0 systems.
Desktop Metal to Release First Quarter 2023 Financial Results on Wednesday, May 10, 2023
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the first quarter ended March 31, 2023 after the market closes on Wednesday, ...