Desktop Metal, Inc. (DM)

NYSE: DM · IEX Real-Time Price · USD
2.53
+0.10 (4.12%)
At close: Sep 27, 2022 4:00 PM
2.55
+0.02 (0.79%)
After-hours: Sep 27, 2022 5:17 PM EDT
4.12%
Market Cap 798.39M
Revenue (ttm) 183.50M
Net Income (ttm) -505.26M
Shares Out 315.57M
EPS (ttm) -0.90
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,786,229
Open 2.50
Previous Close 2.43
Day's Range 2.45 - 2.60
52-Week Range 1.26 - 9.69
Beta 0.24
Analysts Buy
Price Target 3.84 (+51.8%)
Earnings Date Nov 14, 2022

About DM

Desktop Metal, Inc. engages in manufacture and sale of 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; and Studio System, an office metal 3D printing system; and Fiber platform that offers a... [Read more...]

Industry Computer Hardware
Founded 2015
Employees 1,370
Stock Exchange NYSE
Ticker Symbol DM
Full Company Profile

Financial Performance

In 2021, Desktop Metal's revenue was $112.41 million, an increase of 582.50% compared to the previous year's $16.47 million. Losses were -$240.33 million, 606.6% more than in 2020.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for DM stock is "Buy." The 12-month stock price forecast is 3.84, which is an increase of 51.78% from the latest price.

Price Target
$3.84
(51.78% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Desktop Health and Keystone Industries Announce Partnership to Deliver High-Performance Digital Dentistry Solutions, ...

BURLINGTON, Mass. & GIBBSTOWN, N.J.--(BUSINESS WIRE)--KeySplint Soft, developed by Keystone Industries for nightguards, dental splints, and more, is now qualified on the Desktop Health Einstein

1 week ago - Business Wire

Nickel Alloy Inconel 625 Now Qualified on All Desktop Metal 3D Printing Systems, including the Shop System™

BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced that nickel alloy Inconel 625 (IN625) h...

1 week ago - Business Wire

Desktop Metal Introduces All-New Digital Sheet Metal Forming Technology with Figur G15 at IMTS 2022

BOSTON--(BUSINESS WIRE)-- #3Dprinting--The all-new Figur G15 shapes standard sheet metal on demand directly from a digital design file — no stamping tools, molds, dies, or presses required.

2 weeks ago - Business Wire

7 Tech Stocks That Could Grow 10X by 2025

Discovering which tech stocks to buy can be tricky in today's market. It's no secret that equity markets this year have faced massive turbulence.

Other symbols: KINDMQOPENPUBMSOFIUPST
3 weeks ago - InvestorPlace

Desktop Metal Expands Lineup for World's Best-Selling Metal Binder Jet System with Shop System+ and Shop System Pro

BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal offers new flexibility, functionality and value for the world's best-selling metal binder jet system with new Shop System™ packages.

4 weeks ago - Business Wire

Desktop Metal Announces Upgrades to its Popular Live Sinter™ Software, a Powerful Multi-Physics Simulation Tool that ...

BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal's Live Sinter software now offers sintering simulation with scan-based adjustments to make metal 3D printing even more accessible.

4 weeks ago - Business Wire

Desktop Metal Expands Partnership with Henkel, Qualifies Two Popular Loctite® Materials on Xtreme 8K, the World's Lar...

BOSTON--(BUSINESS WIRE)--Desktop Metal qualifies two Loctite® photoplastics on the ETEC Xtreme 8K, the world's largest DLP 3D printer. On-demand plastic parts without tooling.

1 month ago - Business Wire

10 Stocks That Could Rise 10x (Safely)

This article is excerpted from Tom Yeung's Profit & Protection newsletter dated Aug. 9, 2022. To make sure you don't miss any of Tom's picks, subscribe to his mailing list here.

1 month ago - InvestorPlace

Why Desktop Metal Was Outpacing the Market Today

The market clearly found something to like in the 3D printing specialist's second quarter.

1 month ago - The Motley Fool

Desktop Metal, Inc. (DM) Reports Q2 Loss, Tops Revenue Estimates

Desktop Metal, Inc. (DM) delivered earnings and revenue surprises of -25% and 3.54%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Desktop Metal Announces Second Quarter 2022 Financial Results

BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) today announced its financial results for the second quarter ended June 30, 2022. “Desktop Metal continued to build on its momentum in the second ...

1 month ago - Business Wire

Desktop Metal Founder and CEO Ric Fulop to Present at Upcoming Investor Conferences

BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) announced today that Ric Fulop, Founder and CEO, will present at two upcoming conferences. On Tuesday, August 9, 2022 the Company will participate...

1 month ago - Business Wire

Desktop Metal Qualifies Nickel Alloy Inconel 625 for Additive Manufacturing on the Studio System 2

BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced it has qualified the use of IN625 for t...

1 month ago - Business Wire

Desktop Metal CEO on why the company chose to go public through a SPAC

3D printing company Desktop Metal is the latest company to go public in a deal with a blank check company. CEO Ric Fulop joins "Squawk Box" to discuss.

2 months ago - CNBC Television

Desktop Metal Earnings: What to Watch on Aug. 8

In the 3D-printing company's second-quarter report, investors should focus on cash flow and P-50 sales along with the usual headline numbers.

2 months ago - The Motley Fool

5 Stocks Under $10 From Tom Yeung's Profit & Protection

These companies have enormous upside paired with significant downside protection -- the ideal combination for a market rollercoaster ride. The post 5 Stocks Under $10 From Tom Yeung's Profit & Protectio...

Other symbols: HBIRDFNREALSOFI
2 months ago - InvestorPlace

Desktop Metal to Release Second Quarter 2022 Financial Results on Monday, August 8, 2022

BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the second quarter ended June 30, 2022 after the market closes on Monday, August 8, 2022. At ...

2 months ago - Business Wire

Why Desktop Metal Stock Wilted on Wednesday

Investors weren't pleased with the latest developments in the company's C-suite.

2 months ago - The Motley Fool

Desktop Metal Announces CFO Transition Plan

BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) today announced that James Haley will be transitioning from his role as Chief Financial Officer of the Company to pursue other interests. In order...

2 months ago - Business Wire

Desktop Metal Expands Global Partnership with SolidCAM to Four New Countries in the Americas, Europe and Asia

BOSTON & SCHRAMBERG, Germany--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal expands global partnership with SolidCAM to four new countries, expanding reach for Shop System and Studio System metal 3D prin...

2 months ago - Business Wire

The Best and Worst 3D Printing Stocks in the First Half of 2022

Here's how seven 3D printing stocks stack up by first-half 2022 performance.

2 months ago - The Motley Fool

Desktop Metal Unveils FreeFoam™, a Revolutionary, Expandable 3D Printable Resin Designed for Volume Production of Foa...

BOSTON--(BUSINESS WIRE)-- #3Dprinting--New photopolymer resin produces durable, dimensionally accurate closed cell foam parts without tooling, delivering benefits for variety of industries.

3 months ago - Business Wire

Alarm Bells Are Ringing For Desktop Metal Stock

Desktop Metal's inability to profitably commercialize its products is leading to grave losses for DM stockholders. The post Alarm Bells Are Ringing For Desktop Metal Stock appeared first on InvestorPlace.

3 months ago - InvestorPlace

Layoffs 2022: 7 Companies Making Major Job Cuts This Week

Layoffs in 2022 have been rough already with several companies cutting their workforces just this week as the economy gets worse. The post Layoffs 2022: 7 Companies Making Major Job Cuts This Week appea...

Other symbols: COINCOMPRDFNTSLAWBD
3 months ago - InvestorPlace

Desktop Metals Stock Will Give Back Its Recent Bounce Back

After Desktop Metals nearly doubled in price following last month's post-earnings plunge, DM stock is now on the path to new lows. The post Desktop Metals Stock Will Give Back Its Recent Bounce Back app...

3 months ago - InvestorPlace