NORTH BETHESDA, Md., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced that management will attend the following investor events: Citi's 2024 Global TMT Conference, Wednesday, Sept. 4, in New York City; Goldman Sachs Communacopia + Technology Conference, Wednesday, Sept. 11, in San Francisco, including a fireside chat at 4:25 p.m. P.T. A webcast and replay of the chat will be ...

Core Viewpoint - Xometry (XMTR) has shown a significant price increase of 11.9% over the past four weeks, with a mean price target of $22.22 indicating a potential upside of 29.3% from the current trading price of $17.18 [1] Price Target Analysis - The mean estimate consists of nine short-term price targets with a standard deviation of $5.14, indicating variability among analysts. The lowest estimate is $12, suggesting a 30.2% decline, while the highest target is $28, representing a 63% increase [2] - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [7] Earnings Estimates and Analyst Sentiment - Analysts are optimistic about XMTR's earnings prospects, as indicated by a trend of upward revisions in earnings estimates. This trend has historically correlated with near-term stock price movements [9] - Over the last 30 days, one earnings estimate has increased, leading to a 4.1% rise in the Zacks Consensus Estimate [10] - XMTR holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting strong potential for upside [11]

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 ...

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 ...

Xometry/Zogby Strategies' Quarterly "American Manufacturing Resurgence" Survey Reveals Harris As CEO's Top Pick Among Democratic Contenders While CEOs Say President Biden's Policies Have Helped American Manufacturers, Most Believe Former President Trump Will Win Re-Election, And Approve His Selection of Sen. J.D. Vance As Vice President Despite Political Turmoil, Manufacturing CEOs Are Optimistic About The Future And Racing To Further Embrace AI And Automation NORTH BETHESDA, Md., July 23, 2024 (GLOBE NEWSW ...

"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 ...

Media Contact: Matthew Hutchison Global Corporate Communications Matthew.Hutchison@xometry.com NORTH BETHESDA, Md., July 16, 2024 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global AI-powered tech marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it will report its second quarter 2024 financial results before the market opens on August 8, 2024. Xometry, Inc. Second Quarter 2024 Earnings Presentation and Conference Call Xometry's (NASDAQ:XMTR) AI-pow ...

Core Insights - Xometry, Inc. is set to report its second quarter 2024 financial results on August 8, 2024, before the market opens [5] - The company operates an AI-powered marketplace that connects enterprise buyers with suppliers of manufacturing services, enhancing the digitization of manufacturing [4] - Xometry's Instant Quoting Engine® utilizes extensive data to provide real-time analysis of complex parts, facilitating accurate pricing and lead times for buyers [4] Company Overview - Xometry is recognized for its AI-driven technology that supports manufacturers by providing essential resources for business growth [4] - The company also features the Thomasnet® industrial sourcing platform, which is popular among users [4] - Xometry aims to help buyers establish locally resilient supply chains through its suite of cloud-based services [4] Earnings Call Details - The earnings call and webcast will occur at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) [2] - An earnings presentation will be available on Xometry's investor website for stakeholders [2][3] - Registration for the earnings call can be completed through a provided link [4]

Table of Contents 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 March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-40546 XOMETRY, INC. (Exact Name of Registrant as Specified in its Charter) | Delaware | 3 ...