Xometry (XMTR) closed the last trading session at $17.18, gaining 11.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $22.22 indicates a 29.3% upside potential. The mean estimate comprises nine short-term price targets with a standard deviation of $5.14. While the lowest estimate of $12 indicates a 30.2% decline from the current price level, the most optimistic analyst expects th ...

Investors might want to bet on Xometry (XMTR) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a changi ...

tiero/iStock via Getty Images Xometry, Inc. (NASDAQ:XMTR) recently reported their Q2 earnings, on August 8. The share price jumped by 44% that day, reflecting a high excitement among shareholders, following a reaffirmed 2024 guidance, and strong EPS and revenue results. In this article, I will cover their recent performance, including their strong Q2 results, while also highlighting my concerns about their profitability, and increased operating expenses. While I do see long-term potential in Xometry, given ...

da-kuk/E+ via Getty Images Xometry (NASDAQ:XMTR) reported solid results in the second quarter, with growth remaining fairly steady and margins continuing to improve. The stock exploded higher on this result, indicating just how pessimistic investors have been regarding Xometry's prospects. Ignoring the impact of easier / more difficult comparable periods, I think that Xometry's growth will continue to slow while the demand environment remains sluggish. The company's performance is objectively strong given t ...

Leveraging Google Cloud Vertex AI, Xometry Accelerates Deployment Of Instant Quoting Methods And Models Within Its AI Powered Marketplace New Tube Cutting And Tube Bending Options Give Buyers Instant Pricing, Lead Times From Xometry's Extensive Network Of Suppliers Xometry Is Expected To Become One of The First Digital Marketplaces To Offer Instant Quoting For Both Tube-Cutting And Tube Bending NORTH BETHESDA, Md., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Xometry, the global AI-powered marketplace connecting enter ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Class A common stock, par value $0.000001 per share XMTR The Nasdaq Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For t ...

Xometry, Inc. (NASDAQ:XMTR) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Shawn Milne - VP, IR Randolph Altschuler - CEO James Miln - CFO Conference Call Participants Brian Drab - William Blair Nick Jones - Citizens JMP Ronald Josey - Citi Matt Swanson - RBC Greg Palm - Craig-Hallum Operator Good day and thank you for standing by. Welcome to the Xometry Q2 2024 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I w ...

Xometry (XMTR) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 92.86%. A quarter ago, it was expected that this marketplace for on-demand manufacturing would post a loss of $0.15 per share when it actually produced a loss of $0.12, delivering a surprise of 20%. Over the last four quarters, t ...

Exhibit 99.1 Xometry Reports Second Quarter 2024 Results • Q2 revenue increased 19% year-over-year to a record $133 million driven by marketplace growth of 25% year-over-year. • Q2 gross profit increased 21% year-over-year to a record $52.9 million with a record 39.9% gross margin. • Q2 marketplace gross profit increased 33% year-over-year. Q2 marketplace gross margin increased 180 basis points year-over-year to a record 33.5%. Q2 supplier services gross margin increased 910 basis point to 88.9% driven by i ...

"The data shows manufacturing in the US remains resilient as CEOs embrace and race towards AI and automation with healthy ROI already realized," said Jeremy Zogby, Managing Partner of Zogby Strategies. "Regarding the 2024 election, there is a strong sense among this key cohort that the stakes are the highest ever for their business. Their perception is a Trump Administration will drive innovation more so than any other candidate tested." NORTH BETHESDA, Md., July 23, 2024 (GLOBE NEWSWIRE) -- Manufacturing C ...