Markforged Holding Corporation (MKFG)

NYSE: MKFG · IEX Real-Time Price · USD
0.585
+0.045 (8.26%)
At close: Apr 18, 2024, 4:00 PM
0.570
-0.015 (-2.50%)
Pre-market: Apr 19, 2024, 8:09 AM EDT
8.26%
Market Cap 116.57M
Revenue (ttm) 93.78M
Net Income (ttm) -103.57M
Shares Out 199.40M
EPS (ttm) -0.53
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 367,594
Open 0.550
Previous Close 0.540
Day's Range 0.550 - 0.597
52-Week Range 0.500 - 2.298
Beta 1.53
Analysts Hold
Price Target 1.58 (+170.27%)
Earnings Date May 9, 2024

About MKFG

Markforged Holding Corporation produces and sells 3D printers, materials, software, and other related services worldwide. It offers desktop, industrial, and metal 3D printers; and composite, continuous fiber, and metal parts, as well as advanced 3D printing software. The company serves customers in aerospace, military and defense, food and beverage, industrial automation, space exploration, healthcare, and automotive industries. Markforged Holding Corporation was founded in 2013 and is headquartered in Waltham, Massachusetts. [Read more]

Sector Technology
Founded 2013
Employees 351
Stock Exchange NYSE
Ticker Symbol MKFG
Full Company Profile

Financial Performance

In 2023, MKFG's revenue was $93.78 million, a decrease of -7.11% compared to the previous year's $100.96 million. Losses were -$103.57 million, 307.9% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for MKFG stock is "Hold." The 12-month stock price forecast is $1.58, which is an increase of 170.27% from the latest price.

Price Target
$1.58
(170.27% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Jury Awards Continuous Composites Over $17 Million in Past Damages For Patent Infringement by Markforged

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Continuous Composites Inc., an advanced manufacturing and materials company, announced today that a federal jury in the District Court of Delaware unanimously fo...

3 days ago - Business Wire

Markforged Announces Jury Verdict in Patent Case

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG) (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need,...

6 days ago - Business Wire

Markforged Announces Fourth Quarter and Full-Year 2023 Results

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG) (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need,...

6 weeks ago - Business Wire

Markforged Sets Reporting Date for Fourth Quarter 2023 Financial Results

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, announced today that it will releas...

2 months ago - Business Wire

Markforged Receives Continued Listing Standards Notice from the NYSE

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG) (“Markforged” or “the Company”), the company strengthening manufacturing resiliency by enabling industrial production at th...

5 months ago - Business Wire

Markforged Announces Third Quarter 2023 Results

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG) (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need,...

5 months ago - Business Wire

Markforged Introduces FX10, The Most Versatile Tool Designed For The Factory Floor

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today unveiled ...

5 months ago - Business Wire

Markforged Releases Vega™, an Ultra High Performance Material Designed for 3D Printing Aerospace Components on the FX20™

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today released ...

5 months ago - Business Wire

Markforged Schedules Third Quarter 2023 Earnings Announcement; Provides Preliminary Third Quarter Results and Updates 2023 Revenue Guidance

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG) (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need,...

6 months ago - Business Wire

Markforged Unlocks The Future Of Distributed Manufacturing, Enabling Manufacturer-Certified Parts To Be Licensed And Printed At The Point Of Need

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announces...

7 months ago - Business Wire

Markforged to Host 2023 Investor Day

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE:MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, will host its 20...

7 months ago - Business Wire

20 stocks of aerospace and defense companies expected to grow sales most quickly through 2025

It may seem that Elon Musk owns the space business, with SpaceX's current monopoly on flying U.S. astronauts into orbit and its near-dominance of the satellite launch industry.

7 months ago - Market Watch

Markforged Announces Second Quarter 2023 Results

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG) (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need,...

9 months ago - Business Wire

Markforged Sets Reporting Date for Second Quarter 2023 Financial Results

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged announced that it will release its financial results for the second quarter ended June 30, 2023, on August 10, 2023.

9 months ago - Business Wire

Markforged Announces Changes to the Board of Directors

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged announced the appointments of Aaron VanDevender to the Board of Directors and Board Chairman Alan Masarek to the Compensation Committee.

11 months ago - Business Wire

Markforged Announces CFO Transition

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged announced that Mark Schwartz will be stepping down as CFO. Assaf Zipori will temporarily assume the role of Acting Chief Financial Officer.

1 year ago - Business Wire

Markforged Announces First Quarter 2023 Results

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG) (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need,...

1 year ago - Business Wire

Markforged Sets Reporting Date for First Quarter 2023 Financial Results

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced that it will releas...

1 year ago - Business Wire

Markforged Completes Move to New Global Headquarters

WALTHAM, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced it has completed th...

1 year ago - Business Wire

Markforged Announces Positive Ruling in Patent Infringement Lawsuit

WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG) the company strengthening manufacturing resiliency by enabling industrial production at the point of need, announced that the United States D...

1 year ago - Business Wire

Markforged Announces Fourth Quarter and Full-Year 2022 Results

WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged Holding Corporation (NYSE: MKFG) (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of nee...

1 year ago - Business Wire

The Patent Trial & Appeal Board of the USPTO Rules in Favor of Continuous Composites on Six IPR Petitions Filed by Markforged

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--The Patent Trial & Appeal Board (PTAB) of the U.S. Patent and Trademark Office (USPTO) has recently ruled in favor of Continuous Composites Inc., an innovator in...

1 year ago - Business Wire

Markforged Sets Reporting Date for Fourth Quarter 2022 Financial Results

WATERTOWN, Mass.--(BUSINESS WIRE)--Markforged (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced that it will rele...

1 year ago - Business Wire

Markforged Takes the Guesswork out of 3D Printing for Industrial Applications With New Simulation Software

FRANKFURT AM MAIN, Germany--(BUSINESS WIRE)--Today at Formnext, Markforged (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, an...

1 year ago - Business Wire

Markforged Announces Third Quarter 2022 Results

WATERTOWN, Mass.

1 year ago - Business Wire