Datametrex AI Limited (DM)
4.960
+0.050 (1.02%)
Inactive · Last trade price on Apr 1, 2025
Desktop Metal Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Desktop Metal stock has a target of 5.5, which predicts a 10.89% increase from the current stock price of 4.96.
Price Target: $5.5 (+10.89%)
Analyst Consensus: Hold
* Price targets were last updated on Jul 8, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Desktop Metal is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy → Hold Downgrades $13 → $5.5 | Buy → Hold | Downgrades | $13 → $5.5 | +10.89% | Jul 8, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $1.25 → $13 | Buy | Maintains | $1.25 → $13 | +152.02% | Jun 11, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $13 | Buy | Initiates | $13 | +152.02% | Feb 28, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | +908.06% | May 26, 2023 |
| Credit Suisse | Credit Suisse | Hold Maintains $22 → $20 | Hold | Maintains | $22 → $20 | +303.23% | May 11, 2023 |
Financial Forecast
Revenue This Year
164.80M
from 189.70M
Decreased by -13.13%
Revenue Next Year
175.10M
from 164.80M
Increased by 6.25%
EPS This Year
-1.86
from -10.03
EPS Next Year
-0.68
from -1.86
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 168.0M | 178.5M |
| Avg | 164.8M | 175.1M |
| Low | 156.8M | 166.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -11.4% | 8.3% |
| Avg | -13.1% | 6.3% |
| Low | -17.3% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -1.90 | -0.69 |
| Avg | -1.86 | -0.68 |
| Low | -1.77 | -0.65 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.