Core Insights - Nearly 85% of automotive executives plan to rely more heavily on North American suppliers in 2025 to strengthen supply chains [1] - 41% of executives intend to reshore some operations [1][5] - Investment is nearly equal across hybrid (37%), electric (28%), and traditional combustible engine (30%) technologies [2] Investment and Innovation - Executives are focusing on innovations in EV battery production (41%) and alternative fuel sources (37%) [2][5] - AI is expected to play a significant role, with nearly a third (30%) of executives believing it will accelerate product development and improve supply chain efficiencies [2][5] Manufacturing Techniques - Enhanced manufacturing techniques such as 3D printing and robotics are being embraced to drive innovation [2][3] - The Thomasnet industrial sourcing platform connects buyers and procurement professionals to over 500,000 North American manufacturers across 80,000 industrial categories [4][5]

Group 1: Take-Two Interactive Software, Inc. (TTWO) - Take-Two is highlighted as a top video game pick for 2025, with a price target of $225 and a 22% upside, driven by a strong game lineup including GTA 6, Borderlands 4, Civilization 7, and Mafia: The Old Country [1][2] - GTA 6 is expected to be a primary driver of TTWO's share performance, with the second trailer anticipated to generate significant pre-release hype and pre-orders [2][3] - Take-Two has a history of exceeding market forecasts, with projections of 46% bookings growth in FY26, supported by a robust mobile strategy and over 30 planned titles through FY27 [3] Group 2: Xometry, Inc. (XMTR) - Xometry is positioned as a leading player in the custom manufacturing marketplace, with a price target of $45 and a 23% upside, benefiting from potential tariffs and supply chain uncertainties [1][4] - The company is expected to achieve revenue growth acceleration of 19% in 2025, driven by initiatives such as instant quoting and international expansion [5] - Despite challenges in the manufacturing environment, Xometry is viewed positively for its potential to capitalize on the onshoring trend and has multiple avenues for growth in 2025 [4][5]

Core Insights - Xometry has appointed Sanjeev Singh Sahni as President to enhance global growth and operational efficiency [1][2][3] - Sahni's extensive experience in B2B and B2C sectors, particularly in technology integration and supply chain management, is expected to drive Xometry's growth initiatives [2][4] - The company emphasizes the importance of its AI-powered marketplace in transforming the manufacturing industry and improving supply chain resilience [5][6] Company Overview - Xometry operates an AI-powered marketplace that connects enterprise buyers with suppliers of manufacturing services, facilitating digital transformation in the manufacturing sector [5][6] - The company offers a suite of services including the Thomasnet® industrial sourcing platform and cloud-based project management tools [5][6] - Xometry's Instant Quoting Engine® utilizes extensive data to provide real-time analysis of complex parts, ensuring accurate pricing and lead times for buyers [6] Leadership and Strategy - Sanjeev Sahni's role will encompass overseeing global operations, product development, technology, and personnel, aiming to enhance Xometry's service offerings [1][3] - His previous roles at Wayfair and McKinsey & Company highlight his capability in managing large-scale operations and developing international supply chain strategies [4]

More Than 780 New Suppliers Have Joined Xometry In the First Three Quarters Of 2024, A Nearly Three-Fold Increase Since 2021Growth In Suppliers Reflects Strength Of Xometry’s AI-driven Algorithms, Methods And Models To Generate Accurate Pricing And Lead Times For Buyers, SuppliersThe Xometry Instant Quoting Engine Is Now Available In 16 Languages Worldwide; Xometry’s Workcenter Cloud-Based Manufacturing Execution System Serves As The Digital On-Ramp For Suppliers To Conduct Business Worldwide NORTH BETHESDA ...

Xometry’s (NASDAQ: XMTR ) third quarter results were solid, demonstrating a continuation of recent positive growth and profitability trends. This comes against a soft macro backdrop and is particularly impressive given the rapid growth deceleration of Proto Labs’ ( PRLBRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achi ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Xometry (XMTR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find ...

NORTH BETHESDA, Md., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced participation including a fireside chat at the RBC Capital Markets Global Technology, Internet, Media and Telecommunications (TIMT) Conference on Wednesday November 20, 2024 at 9:20 a.m. ET. A webcast and replay of the presentation will be accessible within the Investor Relations section of Xometry’s websi ...

Xometry (NASDAQ: XMTR ) is almost certainly not a company on the minds or lips of most investors. I was introduced to the company by a long-time subscriberBert Hochfeld graduated with a degree in economics from the University of Pennsylvania and received an MBA from Harvard. Mr. Hochfeld has enjoyed a long career in the tech world, working for IBM, Memorex/Telex, Raytheon Data Systems, and BMC Software. Starting in the 1990s, Mr. Hochfeld worked as a sell-side analyst and won awards from the Wall Street Jou ...

Platform Metrics - Active Buyers on the platform reached 64,851 as of September 30, 2024, up 24% from 52,382 as of September 30, 2023[93] - Accounts with Last Twelve-Month Spend of at least $50,000 reached 1,506 as of September 30, 2024, up 23% from 1,223 as of September 30, 2023[96] - Active Paying Suppliers on the platform was 6,762 as of September 30, 2024, down 9% from 7,415 as of September 30, 2023[97] Revenue and Profitability - 97% of revenue for the quarter ended September 30, 2024 was generated from existing accounts[95] - Revenue for Q3 2024 was $141.7 million, a 19.1% increase from $118.9 million in Q3 2023[116] - Gross profit for Q3 2024 was $55.8 million, a 20.7% increase from $46.2 million in Q3 2023, with gross margin improving to 39.4% from 38.9%[116] - Total revenue increased by $22.8 million (19%) from $118.9 million in Q3 2023 to $141.7 million in Q3 2024, driven by a $24.5 million (24%) increase in marketplace revenue[119] - Marketplace revenue grew to $127.0 million in Q3 2024, up from $102.5 million in Q3 2023, primarily due to increased buyer activity on the platform[119] - Supplier services revenue decreased by $1.7 million (10%) from $16.5 million in Q3 2023 to $14.7 million in Q3 2024, driven by reductions in Thomas non-core services[120] - Gross profit increased by $9.6 million (21%) from $46.2 million in Q3 2023 to $55.8 million in Q3 2024, with marketplace gross margin improving to 33.6% from 31.1%[124][125] - Total revenue for the nine months ended September 30, 2024, increased by $61.7 million (18%) to $397.0 million, with marketplace revenue growing 24% to $351.4 million[136] - Gross profit increased by 21% to $156.6 million for the nine months ended September 30, 2024, with marketplace gross margin improving to 33.1% from 30.6% in the prior year period, largely due to AI-driven platform optimization[141][142] Operating Expenses - Operating expenses for Q3 2024 were $67.3 million, a 13.2% increase from $59.4 million in Q3 2023, but operating expenses as a percentage of revenue decreased to 47.5% from 50.0%[116][118] - Sales and marketing expenses for Q3 2024 were $27.2 million, a 17.2% increase from $23.2 million in Q3 2023, but decreased as a percentage of revenue to 19.2% from 19.5%[116][118] - Product development expenses for Q3 2024 were $9.3 million, a 9.6% increase from $8.5 million in Q3 2023, but decreased as a percentage of revenue to 6.6% from 7.2%[116][118] - General and administrative expenses for Q3 2024 were $16.1 million, a 7.5% increase from $14.9 million in Q3 2023, but decreased as a percentage of revenue to 11.3% from 12.6%[116][118] - Sales and marketing expenses increased by $4.0 million (17%) to $27.2 million in Q3 2024, with advertising expenses rising 22% to $9.4 million[126] - Product development expenses increased by $0.8 million (10%) to $9.3 million in Q3 2024, primarily due to higher software costs[127] - General and administrative expenses increased by $1.1 million (7%) to $16.1 million in Q3 2024, driven by higher employee compensation costs[128] - Sales and marketing expenses increased by 20% to $81.9 million for the nine months ended September 30, 2024, primarily due to additional employee compensation and advertising costs[143] - Product development expenses increased by 13% to $29.0 million for the nine months ended September 30, 2024, driven by higher amortization and software costs[144] - General and administrative expenses decreased by 16% to $47.5 million for the nine months ended September 30, 2024, due to the abandonment of company leases and reduced facilities costs[144] Net Income and Loss - Net loss for Q3 2024 was $(10.2) million, compared to $(12.0) million in Q3 2023, with net loss as a percentage of revenue improving to (7.1)% from (10.1)%[116][118] - Non-GAAP net income for Q3 2024 was $1.1 million, compared to a Non-GAAP net loss of $(2.6) million in Q3 2023, representing 0.8% of revenue versus (2.2)% in the prior year[103] - Non-GAAP net loss for the nine months ended September 30, 2024, was $(5.2) million, compared to $(19.0) million in the same period in 2023, representing (1.3)% of revenue versus (5.7)% in the prior year[104] Adjusted EBITDA - Adjusted EBITDA loss for the three months ended September 30, 2024 was $(0.6) million, compared to $(4.2) million for the same quarter in 2023[100] - Adjusted EBITDA Margin for the quarter ended September 30, 2024 was (0.4)% of revenue, compared to (3.5)% for the same quarter in 2023[100] - Adjusted EBITDA loss for the nine months ended September 30, 2024 was $(10.7) million, compared to $(24.6) million for the same period in 2023[100] - Adjusted EBITDA Margin for the nine months ended September 30, 2024 was (2.7)% of revenue, compared to (7.3)% for the same period in 2023[100] Cash Flow and Financial Position - Net cash used in operating activities was $24.5 million for the nine months ended September 30, 2024, primarily due to a net loss of $40.5 million and a decrease in operating assets and liabilities[154] - Net cash used in investing activities was $14.7 million for the nine months ended September 30, 2024, driven by purchases of marketable securities and property and equipment[154] - Net cash provided by financing activities was $3.2 million for the nine months ended September 30, 2024, primarily from the exercise of stock options[154] - The company's cash and cash equivalents and marketable securities totaled $234.0 million as of September 30, 2024, sufficient to support working capital and capital expenditure requirements for at least the next twelve months[150] International Operations and Currency Impact - International operations generate approximately 16% of the company's revenues, with a majority in Euros[158] - A 10% unfavorable change in the average Euro exchange rate would decrease revenues by 1.3% for the nine months ended September 30, 2024[158] - The company's revenues were not materially impacted by exchange rate changes between September 30, 2023, and September 30, 2024[158] - U.S. operating segment revenue grew to $117.6 million in Q3 2024, up from $103.4 million in Q3 2023, while International segment revenue increased to $24.1 million from $15.5 million[121] - Total revenue for the U.S. operating segment increased to $333.1 million for the nine months ended September 30, 2024, up from $292.7 million in the same period in 2023, while the International operating segment revenue rose to $63.9 million from $42.5 million[138] Business Strategy and Acquisitions - The company acquired Tridi Teknoloj A.S. on January 2, 2023, extending marketplace capabilities in Europe and providing access to the Turkish market[90] - The company exited the tools and materials business and wound down Thomas non-core services, impacting Active Paying Suppliers[97] Interest and Dividend Income - Interest and dividend income for Q3 2024 was $2.8 million, a 7.1% decrease from $3.0 million in Q3 2023[116] Inflation and Risk Management - Inflation has not had a material effect on the company's business, results of operations, or financial condition[159] - Significant inflationary pressures could harm the company's business if costs cannot be offset through price increases[159] - The company does not use derivative financial instruments to manage interest rate risk exposure[157]