Meta Materials, Inc. (MMAT)

NASDAQ: MMAT · IEX Real-Time Price · USD
0.674
+0.037 (5.88%)
At close: Oct 4, 2022 4:00 PM
0.679
+0.005 (0.79%)
After-hours: Oct 4, 2022 7:58 PM EDT
5.88%
Market Cap 247.99M
Revenue (ttm) 9.16M
Net Income (ttm) -80.37M
Shares Out 368.10M
EPS (ttm) -0.25
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,053,234
Open 0.651
Previous Close 0.636
Day's Range 0.645 - 0.680
52-Week Range 0.630 - 5.780
Beta n/a
Analysts Buy
Price Target 3.06 (+354.2%)
Earnings Date Aug 9, 2022

About MMAT

Meta Materials Inc. invents, designs, develops, and manufactures various functional materials and nanocomposites. Its products include metaAIR, a laser glare protection eyewear; NANOWEB, a transparent conductive film; holoOPTIX, a holographic optical element; glucoWISE, a non-invasive glucose measurement device; and metaSURFACE, which allows an enhancement in signal to noise ratio of up to 40 times for magnetic resonance imaging scans. The company also develops and produces nano-optic structures and color-shifting foils that are used in authent... [Read more...]

Industry Electronic Components
Founded 1987
Employees 130
Stock Exchange NASDAQ
Ticker Symbol MMAT
Full Company Profile

Financial Performance

In 2021, Meta Materials's revenue was $4.08 million, an increase of 263.80% compared to the previous year's $1.12 million. Losses were -$91.00 million, 683.7% more than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for MMAT stock is "Buy." The 12-month stock price forecast is 3.06, which is an increase of 354.21% from the latest price.

Price Target
$3.06
(354.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Meta Materials Receives $4.3 Million in Purchase Orders

HALIFAX, NS / ACCESSWIRE / September 29, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance smart materials and nanocomposites, today announce...

5 days ago - Accesswire

Meta Materials Appoints Semiconductor Veteran, Jack Harding, as Chair of the Board of Directors

HALIFAX, NS / ACCESSWIRE / August 17, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT), (FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today anno...

1 month ago - Accesswire

Meta Materials Inc. (MMAT) Reports Q2 Loss, Tops Revenue Estimates

Meta Materials Inc. (MMAT) delivered earnings and revenue surprises of -40% and 8.98%, 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

Meta Materials Announces Q2 FY 2022 Results

HALIFAX, NS / ACCESSWIRE / August 9, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT), (FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today annou...

1 month ago - Accesswire

Meta Materials Appoints Manos Spanos as Chief Business Officer

The J&J and PepsiCo veteran will run the Company's business development functions HALIFAX, NS / ACCESSWIRE / July 26, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT),(FSE:MMAT), a de...

2 months ago - Accesswire

Meta Materials Schedules Q2 2022 Results and Corporate Update Webcast

HALIFAX, NS / ACCESSWIRE / July 19, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT, FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announce...

2 months ago - Accesswire

Meta Materials Granted Two New U.S. Patents for Next-Generation Battery Separators

Company Reaches Another Milestone with 410 Active Patent Documents HALIFAX, NS / ACCESSWIRE / July 18, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ: MMAT, FSE: MMAT), a developer of hig...

2 months ago - Accesswire

Next Bridge Hydrocarbons Files Registration Statement for Registration of its Common Stock

HALIFAX, NS / ACCESSWIRE / July 15, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announce...

2 months ago - Accesswire

Meta Materials and Coulometrics Collaborate to Develop Next Generation Batteries

Coulometrics to Manufacture and Test Meta Materials' NPORE® Ceramic and PLASMAfusion™ Technologies to Deliver Safer, Higher-Performing Li-ion Batteries HALIFAX, NS / ACCESSWIRE / July 5, 2022 / Meta Mat...

2 months ago - Accesswire

Meta Materials Announces Closing of $50 Million Registered Direct Offering

HALIFAX, NS / ACCESSWIRE / June 28, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT), a developer of high-performance functional materials and nanocomposites, today announced the clos...

3 months ago - Accesswire

Why Meta Materials Stock Dived by Nearly 40% Today

No investor loves a dilutive new stock issue.

3 months ago - The Motley Fool

Meta Materials Announces $50 Million Registered Direct Offering

HALIFAX, NS / ACCESSWIRE / June 24, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announce...

3 months ago - Accesswire

Mark Zuckerberg showed these prototype headsets to build support for his $10 billion metaverse bet

Meta (formerly Facebook) is going to spend $10 billion this year on research and development on virtual reality and augmented reality technologies.

3 months ago - CNBC

DOJ settles lawsuit with Facebook over allegedly discriminatory housing advertising

The DOJ claimed that Meta targeted users with housing ads based on algorithms that relied partly on characteristics protected under the Fair Housing Act.

3 months ago - CNBC

Meta Materials Expanding into Next-Generation Battery Materials to Enable Safer Transportation

Agreement to Acquire Assets and Extensive IP Portfolio of Optodot Corporation HALIFAX, NS / ACCESSWIRE / June 17, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT, FSE:MMAT), a develop...

3 months ago - Accesswire

Meta Materials Named to Future 50 Fastest-Growing Sustainable Companies in Canada

HALIFAX, NS / ACCESSWIRE / June 3, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announced...

4 months ago - Accesswire

Meta Materials Demonstrates World's Most Transparent Antenna in Prescription Lenses for Extended Reality Applications

ARfusion™ platform and NANOWEB® Transparent 5G Antennas enable immersive mobile XR experiences by combining on-device advanced visualization, 5G, and edge to cloud data transfers HALIFAX, NS / ACCESSWIR...

4 months ago - Accesswire

Meta Materials and PPG Announce Plans to Develop Electrochromic Applications for Ophthalmic Optics in the Extended Re...

HALIFAX, NS / ACCESSWIRE / May 31, 2022 / Meta Materials Inc. ("META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, and PPG (NYSE:PPG) (together wit...

Other symbols: PPG
4 months ago - Accesswire

Dr. Panos Kosmas to Deliver Keynote Lecture on New Medical Technology for Stroke Detection

U.S. Patent Strengthens META's Intellectual Property Position in Medical Imaging HALIFAX, NS / ACCESSWIRE / May 25, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT),(FSE:MMAT) a devel...

4 months ago - Accesswire

5 Short Squeeze Candidates To Watch This Week: 2 Former SPACs Join Leaderboard With BigBear.AI Topping List

Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling.

Other symbols: BBAIFSRSAVAVTNR
4 months ago - Benzinga

Here's Why Meta Materials Is a Sell Following Earnings

MMAT stock has rallied in the past month, but the movement is not justified by its first-quarter 2022 results. The post Here's Why Meta Materials Is a Sell Following Earnings appeared first on InvestorP...

4 months ago - InvestorPlace

Short Squeeze Stocks: BBAI, MMAT and 3 Others Experts Think Are Ready to Pop

Short squeeze stocks continue to be of interest to retail traders looking to pump up shares while pushing hedge funds out of a company. The post Short Squeeze Stocks: BBAI, MMAT and 3 Others Experts Thi...

Other symbols: BBAIVTNR
4 months ago - InvestorPlace

4 Stocks Under $2 Insiders Are Aggressively Buying

US stock futures traded higher this morning on Friday. Investors, meanwhile, focused on some notable insider trades.

Other symbols: AREC
4 months ago - Benzinga

Meta Materials Appoints Dr. Raj V. Rajaram as Chief Marketing Officer

HALIFAX, NS / ACCESSWIRE / May 17, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT) a developer of high-performance functional materials and nanocomposites, today announced ...

4 months ago - Accesswire

Meta Materials Announces First Granted U.S. Patent for Non-Invasive Glucose Sensing System

Foundational Patent Covers Anti-Reflection Metamaterial Films and System Architecture HALIFAX, NS / ACCESSWIRE / May 13, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT),(FSE:MMAT) a ...

4 months ago - Accesswire