JMP Securities initiated coverage on Xometry with a new price target
$XMTR
Business Services
Consumer Discretionary
JMP Securities initiated coverage of Xometry with a rating of Mkt Outperform and set a new price target of $20.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/20/2024 | $48.00 | Outperform | Wedbush |
| 12/18/2024 | $25.00 → $45.00 | Neutral → Overweight | 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 |
8-K - Xometry, Inc. (0001657573) (Filer)
8-K - Xometry, Inc. (0001657573) (Filer)
10-Q - Xometry, Inc. (0001657573) (Filer)
Wedbush initiated coverage of Xometry with a rating of Outperform and set a new price target of $48.00
Analyst upgraded Xometry from Neutral to Overweight and set a new price target of $45.00 from $25.00 previously
Cantor Fitzgerald initiated coverage of Xometry with a rating of Underweight and set a new price target of $13.00
4 - Xometry, Inc. (0001657573) (Issuer)
3 - Xometry, Inc. (0001657573) (Issuer)
4 - Xometry, Inc. (0001657573) (Issuer)
Former Vice President of B2B E-Commerce And Head Of B2B & B2C Sales Of Wayfair Joins Xometry To Continue Driving Global Growth, Scale And Operating EfficienciesWill Oversee Global Operations, Product, People, And Technology, Including Its Leading Marketplace And Suite of Supplier ServicesSahni Brings Significant Operations, Product, Technology And Sales Expertise With A Deep Understanding Of Global Supply Chain Management And A Successful Track Record Of Deploying AI/Machine Learning And Automation NORTH BETHESDA, Md., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Xometry (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today
More Than 780 New Suppliers Have Joined Xometry In the First Three Quarters Of 2024, A Nearly Three-Fold Increase Since 2021Growth In Suppliers Reflects Strength Of Xometry's AI-driven Algorithms, Methods And Models To Generate Accurate Pricing And Lead Times For Buyers, SuppliersThe Xometry Instant Quoting Engine Is Now Available In 16 Languages Worldwide; Xometry's Workcenter Cloud-Based Manufacturing Execution System Serves As The Digital On-Ramp For Suppliers To Conduct Business Worldwide NORTH BETHESDA, Md., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Xometry today announced that its global custom-manufacturing marketplace has more than 4,200 active suppliers, an increase of more than
The Former President Of Raytheon Technologies' Space And Airborne Systems And Intelligence And Space Business Units Brings Significant Experience In Global Manufacturing, Engineering and Supply Chain ManagementThroughout His Career, Azevedo Has Championed Efforts To Digitize Entire Product Lifecycles, from Engineering and Design to Production and DeliveryHis Enterprise Management Expertise Will Help Xometry As It Continues To Scale Internationally, Serving Customers Across All Industries NORTH BETHESDA, Md., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Xometry (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced t
SC 13G/A - Xometry, Inc. (0001657573) (Subject)
SC 13G/A - Xometry, Inc. (0001657573) (Subject)
SC 13G/A - Xometry, Inc. (0001657573) (Subject)
Former Vice President of B2B E-Commerce And Head Of B2B & B2C Sales Of Wayfair Joins Xometry To Continue Driving Global Growth, Scale And Operating EfficienciesWill Oversee Global Operations, Product, People, And Technology, Including Its Leading Marketplace And Suite of Supplier ServicesSahni Brings Significant Operations, Product, Technology And Sales Expertise With A Deep Understanding Of Global Supply Chain Management And A Successful Track Record Of Deploying AI/Machine Learning And Automation NORTH BETHESDA, Md., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Xometry (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today
More Than 780 New Suppliers Have Joined Xometry In the First Three Quarters Of 2024, A Nearly Three-Fold Increase Since 2021Growth In Suppliers Reflects Strength Of Xometry's AI-driven Algorithms, Methods And Models To Generate Accurate Pricing And Lead Times For Buyers, SuppliersThe Xometry Instant Quoting Engine Is Now Available In 16 Languages Worldwide; Xometry's Workcenter Cloud-Based Manufacturing Execution System Serves As The Digital On-Ramp For Suppliers To Conduct Business Worldwide NORTH BETHESDA, Md., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Xometry today announced that its global custom-manufacturing marketplace has more than 4,200 active suppliers, an increase of more than
NORTH BETHESDA, Md., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced participation including a fireside chat at the RBC Capital Markets Global Technology, Internet, Media and Telecommunications (TIMT) Conference on Wednesday November 20, 2024 at 9:20 a.m. ET. A webcast and replay of the presentation will be accessible within the Investor Relations section of Xometry's website. Xometry's two-sided AI-powered marketplace plays a vital role in the rapid digital transformation of the manufacturing industry. Xometry's proprietary technology shortens developme
Q3 revenue increased 19% year-over-year to a record $142 million driven by marketplace growth of 24% year-over-year. Q3 gross profit increased 21% year-over-year to a record $55.8 million.Q3 marketplace gross profit increased 34% year-over-year, driven by our AI technology and expanding supplier network. Q3 marketplace gross margin increased 250 basis points year-over-year to a record 33.6%.Q3 Adjusted EBITDA improved 85% year-over-year to a loss of $0.6 million. Q3 Adjusted EBITDA loss represented a record low 0.4% of revenue. Growth initiatives include: expanding buyer and supplier networks; driving deeper enterprise engagement; further expanding the marketplace menu; growing internation
NORTH BETHESDA, Md., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it will report its third quarter 2024 financial results before the market opens on Tuesday, Nov. 5, 2024. Xometry will host its conference call and webcast to discuss the results at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) that day. In addition to its press release announcing its third quarter 2024 financial results, Xometry will also release an earnings presentation, which will be available on our investor website at investors.xometry.com. Xometry, Inc. Third Quarter 2024 Ea
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:
4 - Xometry, Inc. (0001657573) (Issuer)
4 - Xometry, Inc. (0001657573) (Issuer)