Desktop Metal, Inc. (DM)
Market Cap | 285.70M |
Revenue (ttm) | 189.70M |
Net Income (ttm) | -323.27M |
Shares Out | 324.74M |
EPS (ttm) | -1.00 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 3,079,629 |
Open | 0.900 |
Previous Close | 0.870 |
Day's Range | 0.840 - 0.900 |
52-Week Range | 0.455 - 2.410 |
Beta | 0.63 |
Analysts | Buy |
Price Target | 2.75 (+212.5%) |
Earnings Date | Mar 15, 2024 |
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 Shop System, an entry-level metal 3D printing using binder jetting; X-series platform that provides binder jet 3D printing of specialty materials, including metals and ceramics, and tools; and P-Series offers high-speed metal 3D printing. It also provides Einstein series, designed for dental professionals which offers 3D printing; ET... [Read more]
Financial Performance
In 2023, Desktop Metal's revenue was $189.70 million, a decrease of -9.25% compared to the previous year's $209.02 million. Losses were -$323.27 million, -56.33% less than in 2022.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for DM stock is "Buy." The 12-month stock price forecast is $2.75, which is an increase of 212.50% from the latest price.
News
Desktop Health Launches ScanUp™ Digital Dentistry Adoption Subscription Program to Modernize Dental Practice Efficiency and Patient Care
BOSTON--(BUSINESS WIRE)--The total contract value of dentists signed up for the ScanUp digital dentistry adoption program and ecosystem now exceeds $32 million.
Desktop Metal Announces Fourth Quarter and Full Year 2023 Financial Results
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced its financial results for the fourth quarter an...
Desktop Metal to Release Fourth Quarter and Full Year 2023 Financial Results on Friday, March 15, 2024
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the fourth quarter and full year ended December 31, 2023 before the market opens on Friday,...
Desktop Metal and Evonik Expand Partnership, Announce Qualification of Photopolymer on Large Format Additive Manufacturing 2.0 Systems for High-Performance, High-Temperature Products
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, and Evonik, a leading materials provider in 3D pr...
Desktop Metal Intensifies Cost Reduction Plan and Ongoing Strategic Business Review to Accelerate Path to Profitability
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced an additional $50 million cost-re...
Carbon Introduces Three New Resins to Its Platform, Unlocking New Applications for Dental Labs
New resins include Pac-Dent Rodin™ Sculpture, Desktop Health™ Flexcera™ Base, and Keystone Industries KeyGuard™, which will help dental labs diversify offerings, streamline workflows, and unlock new a...
Desktop Metal Now Shipping the Figur G15 – a Digital Sheet Metal Forming Machine that Eliminates the Need for Custom Tooling
BOSTON--(BUSINESS WIRE)-- #3Dprinting--The Figur G15 from Desktop Metal is the first commercially available machine tool platform to shape sheet metal on demand without custom tooling.
Desktop Health Announces First Patients Treated with FDA-Cleared CMFlex™ – an Off-the-Shelf 3D Printed Synthetic Bone Graft Product Pioneered by Dimension Inx on the 3D-Bioplotter®
BOSTON--(BUSINESS WIRE)--Desktop Health – the trusted production-grade medical 3D printing brand of Desktop Metal, Inc. (NYSE: DM) – today announced the first patients have been treated with CMFlex™, ...
Desktop Metal, Inc. Receives Continued Listing Standard Notice from NYSE
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that it received notice from the New York Stock Exchange (the “NYSE”) on November 22, 2023, indi...
Desktop Metal Announces Third Quarter 2023 Financial Results
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced its financial results for the third quarter end...
Desktop Metal Announces Updated Third Quarter 2023 Earnings Call Time
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced that it will be holding its previously announced conference call five hours earlier to better coincide with timing...
Desktop Metal to Release Third Quarter 2023 Financial Results on Thursday, November 9, 2023
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the third quarter ended September 30, 2023 before the market opens on Thursda...
Desktop Metal and Schaeffler to Collaborate on Additive Manufacturing of Multi-Material Powders, including Metals and Ceramics
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Schaeffler will integrate Aerosint's multi-material Selective Powder Deposition technology into Schaeffler's laser-based multi-material AM system.
Top 4 Industrial Stocks That May Explode in October - JELD-WEN Holding (NYSE:JELD), Desktop Metal (NYSE:DM)
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
Desktop Metal Launches the ETEC Pro XL — an Industrial Polymer 3D Printer that Drives New Affordability in Premium DLP Technology at Half the Price of its Predecessor
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production of metal, ceramic, polymer, and health products, t...
Desktop Metal's stock falls toward 9-month low after ‘poison pill' plan terminated
Shares of Desktop Metal Inc. DM, +2.40% dropped 1.6% toward a nine-month low in premarket trading Monday, after the 3D printer company said it terminated its shareholder rights plan, also known as a “...
Desktop Metal, Inc. Announces Termination of Shareholder Rights Plan
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) announced today that, in connection with the termination of the merger agreement between Desktop Metal and Stratasys Ltd. (Nasdaq:...
Desktop Health Announces that Flexcera™ Smile Ultra+ is now Available in Europe, Following Recent Class IIa MDR Certification by the European Union
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Health™, the trusted health care brand of Desktop Metal (NYSE:DM), announced that its popular Flexcera™ Smile Ultra+ dental resin, for 3D printing permanent...
Desktop Metal Launches Live Monitor™ for Users of Additive Manufacturing 2.0 Production Technology
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced the launch of Live Monitor™ — a softw...
Desktop Metal Remains Focused on Path to Profitability After Preliminary Tally Shows Stratasys Shareholders Did Not Approve the Merger Agreement
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing (AM) 2.0 technologies for mass production of metal, polymer, ceramic, and health produc...
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...