Matterport, Inc. (MTTR)

NASDAQ: MTTR · IEX Real-Time Price · USD
4.740
+0.020 (0.42%)
At close: Apr 29, 2024, 4:00 PM
4.710
-0.030 (-0.63%)
Pre-market: Apr 30, 2024, 6:09 AM EDT
0.42%
Market Cap 1.49B
Revenue (ttm) 157.75M
Net Income (ttm) -199.08M
Shares Out 314.51M
EPS (ttm) -0.66
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 5,276,852
Open 4.720
Previous Close 4.720
Day's Range 4.710 - 4.785
52-Week Range 1.730 - 4.990
Beta 1.73
Analysts Hold
Price Target 4.70 (-0.84%)
Earnings Date May 6, 2024

About MTTR

Matterport, Inc., a spatial data company, focuses on digitization and datafication in the United States and internationally. The company offers Matterport Capture Services, a fully managed solution for enterprise subscribers; Matterport Pro3, a 3D camera that scans properties; Matterport Pro2, a 3D camera that captures spaces; LEICA BLK360, a device to create digital twins; Smartphone Capture, a smartphone capture solution for both iOS and Android; and 360 Cameras. It also provides Matterport Axis, a motor-mount accessory for smartphone. The co... [Read more]

Sector Technology
Founded 2011
Employees 438
Stock Exchange NASDAQ
Ticker Symbol MTTR
Full Company Profile

Financial Performance

In 2023, Matterport's revenue was $157.75 million, an increase of 15.88% compared to the previous year's $136.13 million. Losses were -$199.08 million, 78.8% more than in 2022.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for MTTR stock is "Hold." The 12-month stock price forecast is $4.7, which is a decrease of -0.84% from the latest price.

Price Target
$4.7
(-0.84% downside)
Analyst Consensus: Hold
Stock Forecasts

News

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of Matterport, Inc. - MTTR

NEW YORK , April 26, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securit...

3 days ago - PRNewsWire

Committee's standout stocks this week: Vertiv, NXP, Palantir and Matterport

The Investment Committee discuss some of their standout stocks this week.

Other symbols: NXPIPLTRVRT
3 days ago - CNBC Television

Matterport Cancels First Quarter 2024 Conference Call Following Definitive Agreement to be Acquired by CoStar Group

SUNNYVALE, Calif., April 26, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built ...

3 days ago - GlobeNewsWire

MATTERPORT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Matterport, Inc. - MTTR

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of the sale of Matt...

6 days ago - Business Wire

Y Combinator alum Matterport is being bought by real estate juggernaut Costar at a 212% premium

The transaction represents a premium of a whopping 212% over Matterport's last closing share price before the deal was announced on April 22.

Other symbols: CSGP
6 days ago - TechCrunch

Why is the Matterport Inc stock price soaring today? What Matterport's news means for markets

The price of Matterport Inc (Nasdaq: MTTR) is up a whopping 175% today, to trade at a new high of $4.80 per share. On April 22nd, Matterport stock opened at a price of $4.05 – a quantum leap up from i...

7 days ago - Invezz

Shareholder Alert: Ademi LLP investigates whether Matterport, Inc. has obtained a Fair Price in its transaction with CoStar Group

MILWAUKEE , April 22, 2024 /PRNewswire/ -- Ademi LLP is investigating Matterport (NASDAQ: MTTR) for possible breaches of fiduciary duty and other violations of law in its transaction with CoStar Group...

7 days ago - PRNewsWire

MTTR Investigation Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Matterport, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Matterport, Inc. (NASDAQ: MTTR) to CoStar Group, Inc. for a mixture of cash and stock val...

7 days ago - Business Wire

CoStar Group Buys Spatial Property Data Company for $1.6 Billion

The provider of online real estate marketplaces says it will pay $5.50 per share for Matterport.

Other symbols: CSGP
7 days ago - Barrons

Matterport, Sea Limited, Ingevity And Other Big Stocks Moving Higher On Monday

U.S. stocks were higher, with the Nasdaq Composite gaining over 100 points on Monday.

Other symbols: NGVTSE
7 days ago - Benzinga

CoStar pays big premium to buy tech company that creates virtual showings

Shares of Matterport Inc. skyrocketed Monday, after the provider of 3D “digital twins” of real-estate properties agreed to be acquired by online real-estate marketplace CoStar Group Inc. in a deal val...

Other symbols: CSGP
7 days ago - Market Watch

Matterport, the Global Leader in 3D Digital Twins, to be Acquired by CoStar Group

The Transaction is Expected to Increase the Development and Deployment of Matterport's Advanced AI and Digital Twin Technology The Transaction is Expected to Increase the Development and Deployment of...

Other symbols: CSGP
7 days ago - GlobeNewsWire

CoStar Group to Acquire Matterport, the Global Leader in Immersive 3D Digital Twins and Artificial Intelligence for the Real Estate Industry That Makes Properties Intuitive and Interactive Online

WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets announced today that it has rea...

Other symbols: CSGP
7 days ago - Business Wire

Matterport to Announce First Quarter 2024 Results on May 6, 2024

SUNNYVALE, Calif., April 19, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that it w...

10 days ago - GlobeNewsWire

Crunch Fitness Partners with Matterport to Offer Advanced Photography Services to its Franchisees

Using Matterport's Property Marketing Solution, Crunch Fitness aims to offer unparalleled assets and enhance brand uniformity among its franchise network Using Matterport's Property Marketing Solution...

13 days ago - GlobeNewsWire

Matterport Surpasses One Million Subscribers, Extending Its Industry Leadership in Digital Twin Technology with Compelling SaaS Growth

With 75x subscriber growth in just 5 years, the milestone reflects the company's 3D capture ubiquity and SaaS-driven digital twin platform strategy With 75x subscriber growth in just 5 years, the mile...

27 days ago - GlobeNewsWire

Kikkoman Leverages Matterport's Digital Twin Platform To Digitize Historic Soy Sauce Production Line

The world's leading soy sauce producer uses Matterport's Property Marketing solution to preserve Japanese food culture The world's leading soy sauce producer uses Matterport's Property Marketing solut...

4 weeks ago - GlobeNewsWire

Matterport 3D Digital Twins Power Asia's Largest Virtual Art Exhibition Platform, ARTOGO

ARTOGO uses Matterport's digital twin platform to create hundreds of extraordinary pay-to-visit virtual exhibits that have attracted over four million visits to digital art exhibitions ARTOGO uses Mat...

5 weeks ago - GlobeNewsWire

Matterport Partners with Resi, the UK's Top Home Extension Company, to Revolutionize Home Extension Surveys with Matterport's Pro3 and Digital Twin Technology

Resi adopts Matterport technology, slashing survey times by 25% and reducing capture hardware costs by 85% Resi adopts Matterport technology, slashing survey times by 25% and reducing capture hardware...

6 weeks ago - GlobeNewsWire

Matterport and KnowHow Partner to Accelerate Worker Training and Onboarding for Digital Twin Solutions in the Restoration Sector

KnowHow offers a comprehensive collection of detailed training solutions for Matterport's digital twin platform and products, empowering thousands of restoration experts to fully leverage Matterport's...

7 weeks ago - GlobeNewsWire

Matterport Introduces an All-in-One Carry Case for the Pro3 Camera, Enhancing Supply Chain Sustainability and Offering More Convenience and Portability For Customers

The updated Pro3 packaging and carrying case enhance the camera's packability and lower shipping and carbon footprint for Matterport and its partners The updated Pro3 packaging and carrying case enhan...

7 weeks ago - GlobeNewsWire

Matterport Chairman and CEO RJ Pittman Named Inman 2024 Power Player Underscoring The Transformative Impact Of Digital Twins On Real Estate

Recognizing outstanding accomplishments across the residential real estate industry, the 2024 Inman Power Players list highlights leaders, executives, founders and innovators that are playing a key ro...

2 months ago - GlobeNewsWire

Matterport to Participate in Upcoming Investor Events

SUNNYVALE, Calif., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the leading digital twin platform to access, understand and utilize properties, today announced that it is schedul...

2 months ago - GlobeNewsWire

Matterport Announces Fourth Quarter and Full Year 2023 Financial Results Demonstrating Strong Recurring Revenue Growth and Reaffirms 2024 Profitability Target

SUNNYVALE, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built w...

2 months ago - GlobeNewsWire

Matterport Launches Property Intelligence: Transforming Real Estate and Property Management with AI and Automation

Leveraging years of innovation in spatial data and AI, Matterport's new suite of AI-powered features revolutionizes property analytics, enhancing Marketing, Design, Construction, and Facilities Manage...

2 months ago - GlobeNewsWire