Matterport downgraded by Wedbush with a new price target
$MTTR
Computer Software: Prepackaged Software
Technology
Wedbush downgraded Matterport from Outperform to Neutral and set a new price target of $6.00 from $10.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/11/2024 | $3.50 | Outperform | Northland Capital |
| 1/19/2024 | Neutral | BTIG Research | |
| 10/23/2023 | $4.00 → $2.00 | Overweight → Neutral | Piper Sandler |
| 1/23/2023 | $5.00 → $3.00 | Buy → Hold | Deutsche Bank |
| 8/17/2022 | Peer Perform | Wolfe Research | |
| 5/3/2022 | $10.00 → $6.00 | Outperform → Neutral | Wedbush |
| 4/19/2022 | $9.00 | Equal-Weight | Morgan Stanley |
| 2/17/2022 | $29.00 → $23.00 | Outperform | Credit Suisse |
4 - Matterport, Inc./DE (0001819394) (Issuer)
4 - Matterport, Inc./DE (0001819394) (Issuer)
4 - Matterport, Inc./DE (0001819394) (Issuer)
Northland Capital initiated coverage of Matterport with a rating of Outperform and set a new price target of $3.50
BTIG Research initiated coverage of Matterport with a rating of Neutral
Piper Sandler downgraded Matterport from Overweight to Neutral and set a new price target of $2.00 from $4.00 previously
144 - Matterport, Inc./DE (0001819394) (Subject)
144 - Matterport, Inc./DE (0001819394) (Subject)
144 - Matterport, Inc./DE (0001819394) (Subject)
Mitek Systems, Inc. (NASDAQ:MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced the appointment of James ("J.D.") Fay to its board of directors. Mr. Fay will also serve as a member of the board's audit committee. Mr. Fay, who currently serves as Chief Financial Officer at Matterport, Inc. (NASDAQ:MTTR), brings over two decades of financial strategy and operational expertise to Mitek, having played a key role in scaling technology companies from early growth stages to IPO and acquisition. "We are thrilled to welcome J.D. to our board and believe his extensive experience in financial strategy and guiding companies through growth and t
SUNNYVALE, Calif., Jan. 10, 2023 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ:MTTR) today announced the appointment of Natalie Lamb as Managing Director of EMEA, effective immediately. In this role, Lamb will be responsible for overseeing Matterport's strategic growth in enterprise and SMB segments and expanding Matterport's strategic partnerships in EMEA. "I'm eager to bring Natalie onto the team at such an important time for Matterport's business in EMEA," said Jay Remley, Chief Revenue Officer, Matterport. "Natalie brings decades of software leadership experience and deeply understands how to build trusted relationships with customers and partners. We already have great momentum in EME
SUNNYVALE, Calif., July 11, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. ("Matterport") (NASDAQ:MTTR), the leading enterprise and real estate digital twin company driving the digital transformation of the built world, today announced the appointment of Susan Repo to the Matterport board of directors, effective July 11, 2022. Ms. Repo will also serve as chair of the audit committee of the board. Following the appointment of Ms. Repo, the board will be comprised of five directors, four of whom are independent. "We are pleased to welcome Susan to the Matterport board," said RJ Pittman, Chairman and Chief Executive Officer of Matterport. "Susan's deep experience in technology and managing global
Record total revenue of $43.8 million, up 8% year-over-year Q3 annualized recurring revenue crosses $100 million milestone, up 11% year-over-year Net loss improved 14% year-over-year; Non-GAAP net loss improved 80% year-over-year Total subscribers grew to 1.1 million, up 25% year-over-year Square feet under management reached 47.3 billion, up 34% from prior year SUNNYVALE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ:MTTR) ("Matterport" or the "Company"), the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quarter ended September 30, 2024.
Annualized Recurring Revenue hits record $96.6 million, up 16% year-over-year Cash used in operating activities for the first half of 2024 improved 64% year-over-yearTotal subscribers grew to 1.06 million, up 28% year-over-yearSquare feet under management reached 44.0 billion, up 33% from prior year SUNNYVALE, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ:MTTR) ("Matterport" or the "Company"), the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quarter ended June 30, 2024. "I'm pleased to announce our second-quarter 2024 results, which underscore our ongoing success in driving efficient gr
SUNNYVALE, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ:MTTR), the leading spatial data company driving the digital transformation of the built world, today announced that it will release its fiscal 2024 second quarter financial results on Tuesday, August 6, 2024, after market close. Given the pending acquisition of Matterport by CoStar Group, Inc. that was announced on April 22, 2024, Matterport will not be holding a conference call or live webcast to discuss Matterport's quarterly financial results. The financial results press release will be accessible from the Matterport website at investors.matterport.com. About MatterportMatterport, Inc. (NASDAQ:MTTR) is leadin
SC 13G/A - Matterport, Inc./DE (0001819394) (Subject)
SC 13G/A - Matterport, Inc./DE (0001819394) (Subject)
SC 13G/A - Matterport, Inc./DE (0001819394) (Subject)
SUNNYVALE, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ:MTTR), a pioneer in digital twin technology and spatial data capture, has been recognized as one of HousingWire's 2025 Tech100 Real Estate honorees. This recognition highlights Matterport's ongoing dedication to revolutionizing the real estate industry with cutting-edge technology and meaningful innovation. HousingWire's Tech100 awards program identifies the most forward-thinking organizations reshaping how real estate professionals operate, market properties, and serve their clients. Now in its sixth year, the annual Tech100 serves as a definitive resource for housing professionals, highlighting trusted partner
SUNNYVALE, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ:MTTR), a pioneer in digital twin technology and spatial data capture, is proud to sponsor the 2025 Digital Twins Awards (DTAs), powered by Matterport partner, CAPTUR3D. Now in its fourth year, the DTAs are a global stage for inspiring individuals and forward-thinking businesses to showcase their most engaging Matterport digital twins in 2024. From real estate to cultural preservation, the awards showcase the best and most impactful digital twin projects from over 170 countries worldwide. All Matterport users and partners—from developers to capture technicians and photographers—are invited to participate in one o
SUNNYVALE, Calif., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ:MTTR), the global leader in digital twin technology, proudly announces that its Chairman and CEO, RJ Pittman, has been named to the 2025 class of Inman Power Players. This marks the third consecutive year Pittman has been recognized as one of the real estate industry's most innovative and influential leaders. The Inman Power Players awards spotlight visionary executives shaping the future of real estate, from residential markets to proptech innovation. The 2025 honorees, including Pittman, are celebrated for driving growth, championing innovation, and elevating the industry to new heights. Under Pittman's leade