Date | Price Target | Rating | Analyst |
---|---|---|---|
6/5/2024 | $13.00 | Underweight | Cantor Fitzgerald |
4/10/2023 | $20.00 | Mkt Outperform | JMP Securities |
3/2/2023 | $45.00 → $21.00 | Outperform → Sector Perform | RBC Capital Mkts |
3/2/2023 | $55.00 → $21.00 | Overweight → Neutral | JP Morgan |
1/31/2023 | $48.00 | Buy | Craig Hallum |
12/14/2022 | $28.00 | Sell | Lake Street |
4/12/2022 | $50.00 | Buy | Loop Capital |
1/7/2022 | $70.00 | Buy | Goldman |
Cantor Fitzgerald initiated coverage of Xometry with a rating of Underweight and set a new price target of $13.00
JMP Securities initiated coverage of Xometry with a rating of Mkt Outperform and set a new price target of $20.00
RBC Capital Mkts downgraded Xometry from Outperform to Sector Perform and set a new price target of $21.00 from $45.00 previously
Xometry (NASDAQ:XMTR) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 0 1 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 1 0 3M Ago 1 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Xometry, presenting an average target of $21.0, a high estimate of $27.00, and a low estimate of $13.00. Experiencing a 22.22% decline, the current ave
JMP Securities analyst Nicholas Jones reiterates Xometry (NASDAQ:XMTR) with a Market Outperform and maintains $27 price target.
4 - Xometry, Inc. (0001657573) (Issuer)
4 - Xometry, Inc. (0001657573) (Issuer)
Brings Extensive Enterprise Sales Experience With Leadership Positions At Google, Oracle and CapGeminiExpert In AI, Cloud Services And Transformational Technologies To Help Clients Accelerate Their Digital JourneysSucceeds Kathy Mayerhofer, Who Will Work With Dutt To Ensure A Seamless Transition NORTH BETHESDA, Md., May 15, 2024 (GLOBE NEWSWIRE) -- Xometry, the global AI-powered marketplace that connects buyers with suppliers of custom manufacturing services, today announced the appointment of Subir Dutt as the company's new Chief Sales Officer. A widely respected enterprise sales leader for Google, Oracle and CapGemini, Dutt brings considerable expertise leading high-performing sale
NORTH BETHESDA, Md., March 28, 2024 (GLOBE NEWSWIRE) -- Xometry Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today introduced enhanced features for its Teamspace enterprise collaboration software designed to further expedite procurement on its marketplace. "We're consistently evolving our cloud-based software to make it even easier for engineers, managers and purchasing executives to accelerate their custom manufacturing projects on our AI-driven marketplace," said Brendan Sterne, Xometry's Chief Product Officer. "From the procurement desk to the shop floor, Xometry is delivering an expanded set of capabilit
A Seven-year Member Of The Board, Rosati Has Helped Guide Xometry From Its Early Days As An AI-Powered Manufacturing Platform To Its Rapid Growth As A Publicly Traded CompanyRosati Also Brings Extensive AI Marketplace Experience, Serving As Founding CEO Of Upwork And As Board Member For Snagajob And Smith.aiCurrent Chair George Hornig Announces His Retirement And Steps Down From The Xometry Board NORTH BETHESDA, Md., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Xometry (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced the appointment of Fabio Rosati as Chair of the Board. A seven-year member of the Xometry boa
SC 13G/A - Xometry, Inc. (0001657573) (Subject)
SC 13G/A - Xometry, Inc. (0001657573) (Subject)
SC 13G/A - Xometry, Inc. (0001657573) (Subject)
10-Q - Xometry, Inc. (0001657573) (Filer)
8-K - Xometry, Inc. (0001657573) (Filer)
144 - Xometry, Inc. (0001657573) (Subject)
4 - Xometry, Inc. (0001657573) (Issuer)
4 - Xometry, Inc. (0001657573) (Issuer)
4 - Xometry, Inc. (0001657573) (Issuer)
New, User-Friendly Dashboard At Xometry.eu/en Gives Engineers, Designers, Procurement Professionals And Project Managers Powerful Digital Tools To Coordinate, Collaborate And Manage Complex OrdersThe Tools Provide Real-Time Access to Procurement Tools So Customers Can Make Smart, Data-Driven DecisionsThe Tools Streamline Quote And Order Management And Let Customers Tap Into Xometry's Vast Global Supplier Network MUNICH, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc., (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today unveiled a suite of new tools that make it even easier for enterprise customers to order parts
NORTH BETHESDA, Md., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced that management will attend the following investor events: Citi's 2024 Global TMT Conference, Wednesday, Sept. 4, in New York City;Goldman Sachs Communacopia + Technology Conference, Wednesday, Sept. 11, in San Francisco, including a fireside chat at 4:25 p.m. P.T. A webcast and replay of the chat will be accessible within the Investor Relations section of Xometry's website;CL King's 22nd Annual Best Ideas Conference 2024, Monday, Sept. 16, virtual. Xometry's two-sided marketpla
Leveraging Google Cloud Vertex AI, Xometry Accelerates Deployment Of Instant Quoting Methods And Models Within Its AI Powered MarketplaceNew Tube Cutting And Tube Bending Options Give Buyers Instant Pricing, Lead Times From Xometry's Extensive Network Of SuppliersXometry Is Expected To Become One of The First Digital Marketplaces To Offer Instant Quoting For Both Tube-Cutting And Tube Bending NORTH BETHESDA, Md., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Xometry, the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it is beta-testing laser tube cutting and tube bending capabilities through its AI-powered marketplace. Through its
Q2 revenue increased 19% year-over-year to a record $133 million driven by marketplace growth of 25% year-over-year.Q2 gross profit increased 21% year-over-year to a record $52.9 million with a record 39.9% gross margin.Q2 marketplace gross profit increased 33% year-over-year. Q2 marketplace gross margin increased 180 basis points year-over-year to a record 33.5%. Q2 supplier services gross margin increased 910 basis point to 88.9% driven by increased focus on the high gross margin Thomas marketing and advertising services business.Q2 Adjusted EBITDA improved 70% year-over-year to a loss of $2.6 million. Q2 Adjusted EBITDA loss represented 2.0% of revenue. 2024 growth initiatives include:
NORTH BETHESDA, Md., July 16, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global AI-powered tech marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it will report its second quarter 2024 financial results before the market opens on August 8, 2024. The earnings call and webcast will take place at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time). Xometry also will release an earnings presentation, which will be available on our investor website at investors.xometry.com. Xometry, Inc. Second Quarter 2024 Earnings Presentation and Conference Call Thursday, August 8th, 20248:30 a.m. Eastern / 5:30 a.m. PacificTo register please
Q1 revenue increased 16% year-over-year to $123 million driven by marketplace growth of 24% year-over-year.Q1 gross profit increased 22% year-over-year driven by 37% growth in marketplace gross profit. Q1 marketplace gross margin increased 320 basis points year-over-year to a record 32.0%.Q1 Adjusted EBITDA loss of $7.5 million, a 37% improvement year-over-year driven by higher revenue, gross profit, and operating efficiencies.2024 growth initiatives include: expanding buyer and supplier networks; driving deeper enterprise engagement; expanding the marketplace menu; growing internationally and enhancing supplier services. NORTH BETHESDA, Md., May 09, 2024 (GLOBE NEWSWIRE) -- Xometry