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NYSE:MKFG

Markforged (MKFG) Stock Price, News & Analysis

$0.45
-0.01 (-2.17%)
(As of 05/20/2024 ET)
Today's Range
$0.45
$0.50
50-Day Range
$0.45
$0.86
52-Week Range
$0.45
$2.30
Volume
407,488 shs
Average Volume
347,022 shs
Market Capitalization
$90.92 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.33

Markforged MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
195.3% Upside
$1.33 Price Target
Short Interest
Healthy
2.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.65 out of 5 stars

Industrial Products Sector

112th out of 167 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

8th out of 14 stocks

MKFG stock logo

About Markforged Stock (NYSE:MKFG)

Markforged Holding Corporation produces and sells 3D printers, materials, software, and other related services worldwide. It offers desktop, industrial, and metal 3D printers; and composite, continuous fiber, and metal parts, as well as advanced 3D printing software. The company serves customers in aerospace, military and defense, food and beverage, industrial automation, space exploration, healthcare, and automotive industries. Markforged Holding Corporation was founded in 2013 and is headquartered in Waltham, Massachusetts.

MKFG Stock Price History

MKFG Stock News Headlines

Markforged Announces First Quarter 2024 Results
Markforged Announces Jury Verdict in Patent Case
MKFG Apr 2024 2.500 call
Markforged Holding Corp MKFG
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
5/20/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
351
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.33
High Stock Price Target
$1.70
Low Stock Price Target
$1.00
Potential Upside/Downside
+186.7%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$-103,570,000.00
Net Margins
-133.52%
Pretax Margin
-134.38%

Debt

Sales & Book Value

Annual Sales
$93.78 million
Book Value
$0.81 per share

Miscellaneous

Free Float
131,491,000
Market Cap
$93.64 million
Optionable
Optionable
Beta
1.60
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MKFG Stock Analysis - Frequently Asked Questions

Should I buy or sell Markforged stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Markforged in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MKFG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MKFG, but not buy additional shares or sell existing shares.
View MKFG analyst ratings
or view top-rated stocks.

What is Markforged's stock price target for 2024?

4 brokerages have issued 12 month price targets for Markforged's shares. Their MKFG share price targets range from $1.00 to $1.70. On average, they predict the company's stock price to reach $1.33 in the next twelve months. This suggests a possible upside of 195.3% from the stock's current price.
View analysts price targets for MKFG
or view top-rated stocks among Wall Street analysts.

How have MKFG shares performed in 2024?

Markforged's stock was trading at $0.82 on January 1st, 2024. Since then, MKFG shares have decreased by 44.9% and is now trading at $0.4515.
View the best growth stocks for 2024 here
.

When is Markforged's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our MKFG earnings forecast
.

How were Markforged's earnings last quarter?

Markforged Holding Co. (NYSE:MKFG) announced its quarterly earnings data on Thursday, March, 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.01. The firm earned $24.17 million during the quarter, compared to the consensus estimate of $20.95 million. Markforged had a negative net margin of 133.52% and a negative trailing twelve-month return on equity of 29.55%. During the same period in the prior year, the business posted ($0.06) earnings per share.

What ETFs hold Markforged's stock?

ETFs with the largest weight of Markforged (NYSE:MKFG) stock in their portfolio include 3D Printing ETF (PRNT) and ARK Autonomous Technology & Robotics ETF (ARKQ).ARK Space Exploration & Innovation ETF (ARKX).

What guidance has Markforged issued on next quarter's earnings?

Markforged updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of -0.220--0.190 for the period, compared to the consensus earnings per share estimate of -0.200. The company issued revenue guidance of $95.0 million-$105.0 million, compared to the consensus revenue estimate of $98.6 million.

Who are Markforged's major shareholders?

Markforged's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Nikko Asset Management Americas Inc. (3.46%), Sumitomo Mitsui Trust Holdings Inc. (3.46%), Wasatch Advisors LP (1.48%), Jacobs Levy Equity Management Inc. (0.42%) and GSA Capital Partners LLP (0.26%). Insiders that own company stock include Assaf Zipori, David Benhaim, Gregory Mark, Shai Terem and Stephen Karp.
View institutional ownership trends
.

How do I buy shares of Markforged?

Shares of MKFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MKFG) was last updated on 5/20/2024 by MarketBeat.com Staff

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