NYSE:DM Desktop Metal (DM) Stock Price, News & Analysis $4.32 +0.25 (+6.14%) (As of 07/2/2024 ET) Add Compare Share Share Today's Range$3.91▼$4.5650-Day Range$0.49▼$8.6452-Week Range$3.62▼$20.00Volume1.45 million shsAverage Volume428,472 shsMarket Capitalization$142.73 millionP/E RatioN/ADividend YieldN/APrice Target$12.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Desktop Metal alerts: Email Address Desktop Metal MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside189.4% Upside$12.50 Price TargetShort InterestBearish28.71% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.30Based on 2 Articles This WeekInsider TradingSelling Shares$111,600 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.1.20 out of 5 starsIndustrial Products Sector152nd out of 170 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry10th out of 12 stocks 3.3 Analyst's Opinion Consensus RatingDesktop Metal has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageDesktop Metal has only been the subject of 2 research reports in the past 90 days.Read more about Desktop Metal's stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted28.71% of the float of Desktop Metal has been sold short.Short Interest Ratio / Days to CoverDesktop Metal has a short interest ratio ("days to cover") of 14.7, which indicates bearish sentiment.Change versus previous monthShort interest in Desktop Metal has recently increased by 0.87%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldDesktop Metal does not currently pay a dividend.Dividend GrowthDesktop Metal does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DM. Previous Next 2.4 News and Social Media Coverage News SentimentDesktop Metal has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Desktop Metal this week, compared to 2 articles on an average week.Search Interest10 people have searched for DM on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat Follows10 people have added Desktop Metal to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Desktop Metal insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $111,600.00 in company stock.Percentage Held by Insiders14.22% of the stock of Desktop Metal is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions56.31% of the stock of Desktop Metal is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Desktop Metal's insider trading history. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Desktop Metal is -0.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Desktop Metal is -0.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioDesktop Metal has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Desktop Metal's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Digital Mavericks Media1k a day while computer does all work?What I discovered is now helping me take in more than 1k a day. It's like a "magic key" to passive income every month.Click here to check it out. About Desktop Metal Stock (NYSE:DM)Desktop Metal, Inc. manufactures and sells additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Shop System, an entry-level metal 3D printing using binder jetting; X-series platform that provides binder jet 3D printing of specialty materials, including metals and ceramics, and tools; and P-Series offers high-speed metal 3D printing. It also provides Einstein series, designed for dental professionals which offers 3D printing; ETEC Xtreme 8K platform, a DLP printer with two 385 nm overhead projectors for high-volume production; ETEC Pro XL for industrial polymer 3D printer; S-Max and S-Max Pro platforms, which provides digital casting solutions; and 3D-Bioplotter platform which offers biofabrication solution. In addition, the company offers binder jetting materials, photopolymer resins, BMD materials, and bioprinting materials. It serves automotive, aerospace, healthcare, consumer products, heavy industry, machine design, research and development, and other industries. Desktop Metal, Inc. was founded in 2015 and is headquartered in Burlington, Massachusetts.Read More DM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DM Stock News HeadlinesJune 24, 2024 | businesswire.comDesktop Metal to Showcase New Breakthroughs in Production Metal and Ceramic Binder Jet 3D Printing at RAPID + TCTJune 21, 2024 | investorplace.com3 Penny Stocks to Buy Now: June 2024July 3, 2024 | Behind the Markets (Ad)[Breakthrough] The "Drug Smuggler" Curing Brain Disease?This small, under-the-radar firm has cracked the code with its proprietary "Drug Smuggler" platform. This revolutionary delivery technology could unlock a universe of new therapies for Alzheimer's, Parkinson's and other neurodegenerative diseases.June 20, 2024 | businesswire.comIn Partnership with BEGA, Desktop Metal to Showcase Aluminum Lighting Components Binder Jet 3D Printed on the X25Pro at RAPID + TCTJune 18, 2024 | businesswire.comDesktop Metal Releases Live Inspect™ Tolerance Analysis and Scan Adjustment Software for Additively Manufactured PartsJune 13, 2024 | investorplace.comPenny Stock Prodigals: 3 Companies Making a Triumphant Return to GloryJune 7, 2024 | businesswire.comDesktop Metal to Effect a Reverse Stock SplitJune 4, 2024 | businesswire.comDesktop Metal Introduces PureSinter™ – a High-Purity Vacuum Furnace that Delivers Premium Debind-and-Sinter Performance at an Affordable PriceJuly 3, 2024 | Behind the Markets (Ad)[Breakthrough] The "Drug Smuggler" Curing Brain Disease?This small, under-the-radar firm has cracked the code with its proprietary "Drug Smuggler" platform. This revolutionary delivery technology could unlock a universe of new therapies for Alzheimer's, Parkinson's and other neurodegenerative diseases.May 28, 2024 | yahoo.comWhy Mark Consuelos Says His Crotch Sets Off Airport Metal DetectorsMay 27, 2024 | investorplace.com3 Penny Stocks That Could Turn Your $1 Into a WindfallMay 23, 2024 | investorplace.comThe Time Traveler's Portfolio: 3 Stocks to Buy Now for Massive Returns by 2034May 15, 2024 | finance.yahoo.comWisconsin-Based Evology Manufacturing Adopts Digital Sheet Metal Forming Technology from Desktop MetalMay 10, 2024 | finance.yahoo.comDesktop Metal, Inc. (NYSE:DM) Q1 2024 Earnings Call TranscriptMay 10, 2024 | finance.yahoo.comDesktop Metal Inc (DM) Q1 2024 Earnings: Navigating Challenges with Strategic Cost ManagementMay 9, 2024 | investorplace.comDM Stock Earnings: Desktop Metal Beats EPS, Misses Revenue for Q1 2024May 9, 2024 | msn.comDesktop Metal GAAP EPS of -$0.16 misses by $0.05, revenue of $40.6M misses by $0.2MMay 9, 2024 | finance.yahoo.comDesktop Metal Announces First Quarter 2024 Financial ResultsMay 8, 2024 | markets.businessinsider.comDesktop Metal A is about to announce earnings — here's what Wall Street expectsMay 8, 2024 | businesswire.comDesktop Metal Announces Highly Anticipated Release of Binder Jet 3D Printing Upgrade to Manufacture Reactive Metal Parts, including Titanium and AluminumApril 30, 2024 | businesswire.comDesktop Health™ Announces Flexcera™ Family Resins Validated for Asiga® 3D Printers, Increasing Global Access to Premium Digital Dental ApplicationsApril 29, 2024 | businesswire.comDesktop Metal to Release First Quarter 2024 Financial Results on Thursday, May 9, 2024April 19, 2024 | msn.comArmed thugs boast about 'hiding gun' outside family home in doorbell footageApril 16, 2024 | investorplace.com7 Penny Stocks to Buy Now: Q2 EditionApril 10, 2024 | msn.comSecretlab Magnus Pro: This metal standing desk is perfect for your home officeApril 9, 2024 | investorplace.comPenny Stock Powerhouses: 3 Tiny Titans Ready to ExplodeApril 4, 2024 | investorplace.comBetting on the Squeeze: 3 Stocks to Capitalize on Short Seller PainSee More Headlines Receive DM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Desktop Metal and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Today7/02/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Special industry machinery, not elsewhere classified Sub-IndustryN/A Current SymbolNYSE:DM CUSIPN/A CIK1603286 Webwww.desktopmetal.com Phone978-224-1244FaxN/AEmployees950Year FoundedN/APrice Target and Rating Average Stock Price Target$12.50 High Stock Price Target$12.50 Low Stock Price Target$12.50 Potential Upside/Downside+189.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($9.90) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-323,270,000.00 Net Margins-170.77% Pretax Margin-172.22% Return on Equity-29.78% Return on Assets-17.51% Debt Debt-to-Equity Ratio0.57 Current Ratio2.83 Quick Ratio1.64 Sales & Book Value Annual Sales$189.70 million Price / Sales0.75 Cash Flow$1.67 per share Price / Cash Flow2.59 Book Value$7.44 per share Price / Book0.58Miscellaneous Outstanding Shares33,040,000Free Float28,342,000Market Cap$142.73 million OptionableOptionable Beta0.61 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Ric Fulop (Age 49)Co-Founder, CEO & Director Comp: $631.01kMr. Jonah Myerberg (Age 47)Co-Founder, CTO & Senior VP of Global Engineering Comp: $413.25kMr. Jason Cole (Age 49)CFO & Treasurer Comp: $591.91kMr. Thomas Nogueira (Age 40)Chief Operating Officer Comp: $389.45kMr. Rick ChinCo-FounderDr. Emanuel M. Sachs Ph.D.Co-Founder & Technical FellowProf. Christopher A. Schuh Ph.D.Co-FounderProf. A. John Hart Ph.D.Co-FounderProf. Yet-Ming ChiangCo-FounderMr. Jay GentzkowVice President of Investor RelationsMore ExecutivesKey CompetitorsIntevacNASDAQ:IVACManitex InternationalNASDAQ:MNTXAmtech SystemsNASDAQ:ASYSSono-TekNASDAQ:SOTKVelo3DNYSE:VLDView All CompetitorsInsiders & InstitutionsCetera Advisors LLCBought 319,775 shares on 5/24/2024Ownership: 0.097%Walleye Trading LLCSold 685,600 shares on 5/17/2024Ownership: 0.000%Ionic Capital Management LLCSold 2,285,700 shares on 5/16/2024Ownership: 0.000%Levin Capital Strategies L.P.Bought 40,000 shares on 5/16/2024Ownership: 0.012%California State Teachers Retirement SystemSold 218,578 shares on 5/16/2024Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions DM Stock Analysis - Frequently Asked Questions Should I buy or sell Desktop Metal stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Desktop Metal in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DM shares. View DM analyst ratings or view top-rated stocks. What is Desktop Metal's stock price target for 2024? 2 Wall Street research analysts have issued 12 month target prices for Desktop Metal's shares. Their DM share price targets range from $12.50 to $12.50. On average, they predict the company's stock price to reach $12.50 in the next twelve months. This suggests a possible upside of 189.4% from the stock's current price. View analysts price targets for DM or view top-rated stocks among Wall Street analysts. How have DM shares performed in 2024? Desktop Metal's stock was trading at $7.51 at the beginning of 2024. Since then, DM stock has decreased by 42.5% and is now trading at $4.32. View the best growth stocks for 2024 here. Are investors shorting Desktop Metal? Desktop Metal saw a drop in short interest during the month of May. As of May 31st, there was short interest totaling 5,780,000 shares, a drop of 90.3% from the May 15th total of 59,880,000 shares. Based on an average trading volume of 302,400 shares, the days-to-cover ratio is currently 19.1 days. Currently, 28.2% of the company's shares are sold short. View Desktop Metal's Short Interest. When is Desktop Metal's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our DM earnings forecast. How were Desktop Metal's earnings last quarter? Desktop Metal, Inc. (NYSE:DM) posted its quarterly earnings results on Thursday, May, 9th. The pipeline company reported ($0.50) earnings per share (EPS) for the quarter. The pipeline company had revenue of $40.60 million for the quarter. Desktop Metal had a negative trailing twelve-month return on equity of 29.78% and a negative net margin of 170.77%. During the same quarter last year, the business earned ($1.10) EPS. What ETFs hold Desktop Metal's stock? ETFs with the largest weight of Desktop Metal (NYSE:DM) stock in their portfolio include 3D Printing ETF (PRNT).Gen Z ETF (ZGEN). When did Desktop Metal's stock split? Shares of Desktop Metal reverse split on the morning of Tuesday, June 11th 2024. The 1-10 reverse split was announced on Friday, June 7th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, June 10th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. What guidance has Desktop Metal issued on next quarter's earnings? Desktop Metal updated its FY 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $175.0 million-$215.0 million, compared to the consensus revenue estimate of $188.4 million. What other stocks do shareholders of Desktop Metal own? Based on aggregate information from My MarketBeat watchlists, some companies that other Desktop Metal investors own include Energy Transfer (ET), Frontier Communications (FTR), Dominion Energy (D), Uniti Group (UNIT), Ford Motor (F), ImmunoGen (IMGN), SunCoke Energy Partners (SXCP), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF) and Government Properties Income Trust (GOV). How do I buy shares of Desktop Metal? Shares of DM 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:DM) was last updated on 7/3/2024 by MarketBeat.com Staff From Our PartnersThe #1 Crypto That You Don’t Own… YetThere’s all kinds of “signals” to follow when investing in cryptos. 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