Desktop Metal Inc. (DM) Social Stream
DESKTOP METAL INC (DM) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering DESKTOP METAL INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-08-11 | 5 | $22 | $11 | $17.5 | $0.686 | 2451.02% |
| 2021-11-16 | 6 | $22 | $11 | $15.25 | $0.686 | 2123.03% |
| 2021-12-08 | 5 | $16 | $11 | $12.666 | $0.686 | 1746.36% |
| 2022-03-07 | 5 | $16 | $11 | $12.666 | $0.686 | 1746.36% |
| 2022-03-16 | 5 | $16 | $6 | $11 | $0.686 | 1503.5% |
| 2022-04-14 | 5 | $13 | $6 | $9.5 | $0.686 | 1284.84% |
| 2022-05-27 | 5 | $7 | $6 | $6.5 | $0.686 | 847.52% |
| 2022-08-12 | 3 | $7 | $5 | $6 | $0.686 | 774.64% |
| 2023-01-06 | 3 | $7 | $1.75 | $4.583 | $0.686 | 568.08% |
| 2023-03-03 | 2 | $7 | $1.9 | $4.633 | $0.686 | 575.36% |
| 2023-03-07 | 3 | $7 | $1.9 | $3.966 | $0.686 | 478.13% |
| 2023-04-19 | 2 | $7 | $1.9 | $4.45 | $0.686 | 548.69% |
| 2023-05-26 | 1 | $5 | $5 | $5 | $0.686 | 628.86% |
| 2023-10-26 | 1 | $5 | $1 | $3 | $0.686 | 337.32% |
| 2023-11-21 | 2 | $5 | $0.85 | $2.925 | $0.686 | 326.38% |
Price Target Last Issued October 26, 2023
The Trend in the Analyst Price Target
DM's average price target has moved down $14.82 over the prior 59 months.
Over the past 38 weeks, DM's average upside potential has been 146.76%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-03-03 | 3 | 7 | 1.90 | 4.633 | 2.250 | 105.91% |
| 2023-04-19 | 3 | 7 | 1.90 | 4.450 | 2.190 | 103.2% |
| 2023-05-26 | 3 | 5 | 1.90 | 3.450 | 1.750 | 97.14% |
| 2023-05-26 | 2 | 5 | 1.90 | 3.450 | 1.750 | 97.14% |
| 2023-11-21 | 2 | 5 | 0.85 | 2.925 | 0.751 | 289.48% |
DM Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2 | 1 | 0 | 1 | 0 | 0 | 2 |
The Trend in the Broker Recommendations
Over the past 20 months, DM's average broker recommendation rating improved by 0.8.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In terms of how DESKTOP METAL INC fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is higher than 2588.39% of that group.
- In terms of how DESKTOP METAL INC fares relative to Machinery stocks, note that its average analyst price target is higher than 108.26% of that group.
- DM has a greater number of analysts covering the stock than 224.03% of Technology stocks.
- In the context of Machinery stocks, DESKTOP METAL INC's variance in analysts' estimates is lower than -1966.68% of them.
In the Machinery industry, VLD, DCI, and CHX are the three stocks most similar to DESKTOP METAL INC regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
What is the outlook for DM? Use POWR Ratings for clearer insight into price direction.