Analysts Set Xometry, Inc. (NASDAQ:XMTR) Price Target at $57.89

Xometry, Inc. (NASDAQ:XMTR) has earned a consensus recommendation of “Hold” from the ten ratings firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $57.8889.

XMTR has been the subject of several research analyst reports. Wedbush upped their price objective on Xometry from $48.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, November 5th. JMP Securities set a $75.00 price target on shares of Xometry in a research report on Wednesday, November 5th. The Goldman Sachs Group raised their price objective on shares of Xometry from $49.00 to $56.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Xometry in a research note on Wednesday, October 8th. Finally, Citizens Jmp increased their target price on shares of Xometry from $65.00 to $75.00 and gave the company a “market outperform” rating in a research note on Wednesday, November 5th.

Xometry Trading Up 2.3%

Xometry stock opened at $60.58 on Tuesday. Xometry has a 12-month low of $18.59 and a 12-month high of $69.26. The company has a debt-to-equity ratio of 1.20, a current ratio of 3.62 and a quick ratio of 3.58. The stock has a market capitalization of $3.08 billion, a PE ratio of -48.46 and a beta of 0.87. The firm has a 50 day simple moving average of $53.25 and a 200-day simple moving average of $42.32.

Xometry (NASDAQ:XMTR) last announced its earnings results on Tuesday, November 4th. The company reported $0.11 EPS for the quarter, hitting the consensus estimate of $0.11. The firm had revenue of $180.72 million for the quarter, compared to analysts’ expectations of $168.25 million. Xometry had a negative return on equity of 6.59% and a negative net margin of 9.80%.The firm’s quarterly revenue was up 27.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.02 earnings per share. Xometry has set its Q4 2025 guidance at EPS. As a group, equities research analysts expect that Xometry will post -0.66 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Randolph Altschuler sold 9,331 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $50.31, for a total transaction of $469,442.61. Following the completion of the sale, the chief executive officer directly owned 310,271 shares of the company’s stock, valued at $15,609,734.01. This represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO James Miln sold 599 shares of the stock in a transaction on Friday, November 7th. The shares were sold at an average price of $62.11, for a total value of $37,203.89. Following the completion of the transaction, the chief financial officer owned 141,796 shares of the company’s stock, valued at $8,806,949.56. This trade represents a 0.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,528 shares of company stock valued at $536,696 in the last quarter. Insiders own 9.66% of the company’s stock.

Institutional Trading of Xometry

A number of hedge funds have recently bought and sold shares of XMTR. Durable Capital Partners LP purchased a new position in shares of Xometry in the third quarter worth approximately $36,455,000. Gilder Gagnon Howe & Co. LLC boosted its stake in Xometry by 248.8% in the 2nd quarter. Gilder Gagnon Howe & Co. LLC now owns 859,808 shares of the company’s stock worth $29,053,000 after purchasing an additional 613,282 shares during the period. Nuveen LLC purchased a new position in Xometry during the 1st quarter worth approximately $14,639,000. Next Century Growth Investors LLC raised its stake in Xometry by 194.1% during the 1st quarter. Next Century Growth Investors LLC now owns 664,292 shares of the company’s stock valued at $16,554,000 after purchasing an additional 438,393 shares during the period. Finally, Stephens Investment Management Group LLC acquired a new position in Xometry during the second quarter valued at $13,292,000. 97.31% of the stock is owned by hedge funds and other institutional investors.

About Xometry

Xometry, Inc operates an online marketplace that enables buyers to source custom-manufactured parts and assemblies in the United States and internationally. It provides computer numerical control manufacturing, sheet metal forming, and sheet cutting; 3D printing, including fused deposition modeling, direct metal laser sintering, PolyJet, stereolithography, selective laser sintering, binder jetting, carbon digital light synthesis, multi jet fusion, and lubricant sublayer photo-curing; and die casting, stamping, injection molding, urethane casting, tube cutting, and tube bending, as well as finishing services, rapid prototyping, and high-volume production services.