In last trading session, Desktop Metal Inc (NYSE:DM) saw 0.38 million shares changing hands with its beta currently measuring 0.71. Company’s recent per share price level of $2.23 trading at -$0.23 or -9.35% at ring of the bell on the day assigns it a market valuation of $74.35M. That closing price of DM’s stock is at a discount of -429.15% from its 52-week high price of $11.80 and is indicating a premium of 9.42% from its 52-week low price of $2.02.

For Desktop Metal Inc (DM), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.28 in the current quarter.

Desktop Metal Inc (NYSE:DM) trade information

Upright in the red during last session for losing -9.35%, in the last five days DM remained trading in the red while hitting it’s week-highest on Thursday, 02/20/25 when the stock touched $2.23 price level, adding 18.32% to its value on the day. Desktop Metal Inc’s shares saw a change of -4.70% in year-to-date performance and have moved -14.23% in past 5-day. Desktop Metal Inc (NYSE:DM) showed a performance of 2.29% in past 30-days.

Wall Street analysts have assigned a consensus price target of 5.25 to the stock, which implies a rise of 57.52% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 5.5. It follows that stock’s current price would drop -124.22% in reaching the projected high whereas dropping to the targeted low would mean a loss of -124.22% for stock’s current value.

Desktop Metal Inc (DM) estimates and forecasts

This year revenue growth is estimated to fall -15.66% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 44.1M for the same. And 1 analysts are in estimates of company making revenue of 38.8M in the next quarter. Company posted 52.35M and 40.6M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -275.72% during past 5 years.

Desktop Metal Inc (NYSE:DM)’s Major holders

REDWOOD WEALTH MANAGEMENT GROUP, LLC is the top institutional holder at DM for having 24277.0 shares of worth $0.1 million. And as of 2024-06-30, it was holding 0.0734 of the company’s outstanding shares.

The second largest institutional holder is CWM, LLC, which was holding about 835.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.0003 of outstanding shares, having a total worth of $3000.0.

On the other hand, ARK ETF Tr-ARK The 3D Printing ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 758.82 shares of worth $1.69 million or 2.28% of the total outstanding shares. The later fund manager was in possession of 706.08 shares on Sep 30, 2024 , making its stake of worth around $1.57 million in the company or a holder of 2.12% of company’s stock.