RBC Capital reiterated coverage on Xometry with a new price target
$XMTR
Business Services
Consumer Discretionary
RBC Capital reiterated coverage of Xometry with a rating of Outperform and set a new price target of $58.00 from $53.00 previously
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| 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
10-Q - Xometry, Inc. (0001657573) (Filer)
8-K - Xometry, Inc. (0001657573) (Filer)
8-K - Xometry, Inc. (0001657573) (Filer)
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
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
SC 13G/A - Xometry, Inc. (0001657573) (Subject)
SC 13G/A - Xometry, Inc. (0001657573) (Subject)
SC 13G/A - Xometry, Inc. (0001657573) (Subject)
4 - Xometry, Inc. (0001657573) (Issuer)
4 - Xometry, Inc. (0001657573) (Issuer)
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
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
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
4 - Xometry, Inc. (0001657573) (Issuer)
3 - Xometry, Inc. (0001657573) (Issuer)
4 - Xometry, Inc. (0001657573) (Issuer)
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.
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: