Xometry (NASDAQ:XMTR) Price Target Raised to $114.00

Xometry (NASDAQ:XMTR) had its target price lifted by Cantor Fitzgerald from $110.00 to $114.00 in a research note released on Wednesday, MarketBeat.com reports. They currently have an overweight rating on the stock.

XMTR has been the subject of several other research reports. Rosenblatt Securities raised their target price on shares of Xometry from $120.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday. Weiss Ratings restated a “sell (d-)” rating on shares of Xometry in a research report on Wednesday, August 26th. BNP Paribas Exane initiated coverage on Xometry in a report on Friday, September 18th. They issued an “outperform” rating and a $120.00 price objective on the stock. Citizens Jmp reissued a “market outperform” rating and set a $120.00 target price on shares of Xometry in a research note on Monday, September 21st. Finally, Raymond James Financial set a $120.00 price target on Xometry in a report on Tuesday, September 22nd. Eight investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $123.64.

Xometry Stock Performance

Xometry stock traded up $5.94 during mid-day trading on Wednesday, reaching $114.95. 1,101,668 shares of the company were exchanged, compared to its average volume of 746,134. Xometry has a twelve month low of $35.86 and a twelve month high of $117.94. The firm’s 50-day simple moving average is $98.21 and its two-hundred day simple moving average is $77.22. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.20 and a current ratio of 3.21. The firm has a market cap of $5.96 billion, a PE ratio of -338.08 and a beta of 1.33.

Xometry (NASDAQ:XMTR) last released its quarterly earnings results on Tuesday, November 3rd. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.19 by $0.09. Xometry had a negative return on equity of 2.88% and a negative net margin of 3.82%. The business had revenue of $252.44 million during the quarter, compared to analysts’ expectations of $235.54 million. During the same quarter in the prior year, the business earned $0.11 earnings per share. The company’s quarterly revenue was up 39.5% compared to the same quarter last year. Equities analysts predict that Xometry will post -0.01 earnings per share for the current fiscal year.

Insider Activity at Xometry

In other news, Director Emily Rollins sold 5,000 shares of Xometry stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $84.31, for a total transaction of $421,550.00. Following the completion of the sale, the director directly owned 15,136 shares in the company, valued at approximately $1,276,116.16. This trade represents a 24.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Vaidyanathan Raghavan sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $96.77, for a total value of $483,850.00. Following the sale, the chief technology officer directly owned 135,777 shares in the company, valued at $13,139,140.29. This trade represents a 3.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 73,199 shares of company stock valued at $7,126,855 in the last ninety days. Company insiders own 9.10% of the company’s stock.

Hedge Funds Weigh In On Xometry

Several hedge funds have recently bought and sold shares of XMTR. Wellington Management Group LLP raised its holdings in Xometry by 26.9% during the second quarter. Wellington Management Group LLP now owns 1,322,581 shares of the company’s stock worth $127,656,000 after purchasing an additional 280,491 shares during the last quarter. Zevenbergen Capital Investments LLC boosted its position in Xometry by 115.1% during the third quarter. Zevenbergen Capital Investments LLC now owns 297,552 shares of the company’s stock worth $30,603,000 after purchasing an additional 159,227 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Xometry by 243.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 694,390 shares of the company’s stock valued at $29,015,000 after purchasing an additional 492,285 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Xometry by 86.4% in the third quarter. Russell Investments Group Ltd. now owns 224,048 shares of the company’s stock valued at $23,044,000 after purchasing an additional 103,827 shares during the last quarter. Finally, Sylebra Capital LLC increased its position in shares of Xometry by 31.3% in the first quarter. Sylebra Capital LLC now owns 535,624 shares of the company’s stock valued at $21,875,000 after buying an additional 127,637 shares in the last quarter. 97.31% of the stock is owned by hedge funds and other institutional investors.

Xometry News Summary

Here are the key news stories impacting Xometry this week:

• Positive Sentiment: Several firms—including UBS, Cantor Fitzgerald, Citizens JMP, Rosenblatt, Citigroup, JPMorgan and RBC—issued favorable outlooks or raised price targets, reinforcing expectations for further share appreciation. UBS analyst outlook Cantor Fitzgerald outlook Citizens JMP outlook Rosenblatt price target Citigroup outlook JPMorgan outlook RBC price target
• Positive Sentiment: Recent Seeking Alpha commentary describes Xometry’s growth thesis as playing out and the business as powering ahead, adding to the optimistic narrative. Xometry: The Thesis Is Playing Out Xometry Powers Ahead
• Positive Sentiment: A report points to GAAP profitability, a $1 billion revenue run rate and a Siemens partnership expected to support margin gains in 2027. Separately, the latest reported quarter beat analyst expectations for EPS and revenue, with revenue up 39.5% year over year. Profitability, revenue run rate and Siemens partnership report
• Neutral Sentiment: The profitability outlook is not yet unambiguous: the supplied quarterly figures also show a negative net margin, so investors may look for sustained earnings improvement to validate the bullish case.

About Xometry

Xometry, Inc (NASDAQ:XMTR) operates a technology-driven marketplace that connects businesses seeking custom parts with a network of manufacturing suppliers. Its platform uses automated pricing, manufacturability analysis and digital workflows to help customers source parts and manage production more efficiently.

The company supports a range of manufacturing processes, including CNC machining, 3D printing, sheet metal fabrication, injection molding, urethane casting and other specialized production services.