Desktop Metal (DM) Stock Forecast, Price Target & Predictions
DM Stock Forecast
Desktop Metal (DM) stock forecast, based on 9 Wall Street analysts, predicts a 12-month average price target of $5.25, with a high of $5.50 and a low of $5.00. This represents a 5.85% increase from the last price of $4.96.
DM Stock Rating
Desktop Metal stock's rating consensus is Hold, based on 9 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (33.33%), 5 Hold (55.56%), 1 Sell (11.11%), and 0 Strong Sell (0.00%).
Hold
DM Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Desktop Metal | 5.85% |
Sector | Technology Stocks | 9.00% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 1 |
Avg Price Target | - | - | $5.50 |
Last Closing Price | $4.96 | $4.96 | $4.96 |
Upside/Downside | - | - | 10.89% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | - | - | 1 | - | - | 1 |
Mar, 25 | - | - | 1 | - | - | 1 |
Feb, 25 | - | - | 1 | - | - | 1 |
Jan, 25 | - | - | 2 | - | - | 2 |
Dec, 24 | - | - | 2 | - | - | 2 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jul 08, 2024 | Troy Jensen | Cantor Fitzgerald | $5.50 | $5.03 | 9.34% | 10.89% |
Jun 11, 2024 | Troy Jensen | Cantor Fitzgerald | $6.25 | $2.33 | 168.24% | 26.01% |
Jan 12, 2022 | Troy Jensen | Lake Street | $5.00 | $4.53 | 10.38% | 0.81% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jul 08, 2024 | Cantor Fitzgerald | Overweight | Neutral | downgrade |
Jun 11, 2024 | Cantor Fitzgerald | Overweight | Overweight | hold |
Jan 12, 2022 | Lake Street | Hold | upgrade |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | |
---|---|---|---|---|---|---|
Reported | $-5.73 | $-9.22 | $-23.52 | $-10.03 | - | - |
Avg Forecast | $-4.13 | $-3.00 | $-4.90 | $-2.77 | $-1.81 | $-0.66 |
High Forecast | $-4.13 | $-3.00 | $-4.64 | $-2.77 | $-1.81 | $-0.66 |
Low Forecast | $-4.13 | $-3.00 | $-5.15 | $-2.77 | $-1.81 | $-0.66 |
Surprise % | 38.74% | 207.33% | 380.00% | 262.09% | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | |
---|---|---|---|---|---|---|
Reported | $16.47M | $112.41M | $209.02M | $189.70M | - | - |
Avg Forecast | $18.14M | $105.38M | $203.17M | $188.20M | $160.00M | $170.00M |
High Forecast | $18.14M | $105.38M | $211.44M | $188.47M | $160.00M | $170.00M |
Low Forecast | $18.14M | $105.38M | $194.90M | $187.92M | $160.00M | $170.00M |
Surprise % | -9.19% | 6.67% | 2.88% | 0.80% | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | |
---|---|---|---|---|---|---|
Reported | $-90.43M | $-240.33M | $-740.34M | $-323.27M | - | - |
Avg Forecast | $-133.17M | $-96.66M | $-157.73M | $-89.14M | $-58.32M | $-21.26M |
High Forecast | $-133.17M | $-96.66M | $-149.39M | $-89.14M | $-58.32M | $-21.26M |
Low Forecast | $-133.17M | $-96.66M | $-166.08M | $-89.14M | $-58.32M | $-21.26M |
Surprise % | -32.09% | 148.64% | 369.37% | 262.65% | - | - |