Desktop Metal Inc. (DM): $12.28

-0.29 (-2.31%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Desktop Metal Inc (DM) Price Targets From Analysts

Use the tables below to see what analysts covering Desktop Metal Inc think about its future price and what recommendations they have for investors and traders.

Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
5 $22 $11 $17 $11.94 42.38%

The Trend in the Analyst Price Target


DM's average price target has moved down $9.5 over the prior 120 days.

Over the past 29 months, DM's average upside potential has been 35.21%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2021-06-13 5 22.00 11.00 17.00 12.96 31.17%
2021-06-05 5 22.00 11.00 17.00 14.84 14.56%
2021-05-22 5 28.00 11.00 18.20 13.17 38.19%
2021-05-15 5 28.00 11.00 19.80 12.59 57.27%
2021-05-08 5 34.00 11.00 22.60 12.03 87.86%
2021-04-25 5 34.00 11.00 22.60 13.74 64.48%
2021-04-17 5 34.00 11.00 22.60 12.70 77.95%
2021-04-10 5 34.00 11.00 24.60 14.12 74.22%
2021-04-03 5 34.00 11.00 24.60 15.36 60.16%
2021-03-20 4 34.00 20.00 28.00 20.98 33.46%
2021-03-13 4 35.00 23.00 29.00 20.44 41.88%
2021-03-06 4 35.00 23.00 29.00 15.70 84.71%
2021-02-27 4 35.00 23.00 29.00 20.06 44.57%
2021-02-20 4 30.00 23.00 26.50 26.09 1.57%
2021-02-13 4 30.00 23.00 26.50 30.49 -13.09%
2021-02-06 4 30.00 23.00 26.50 31.25 -15.2%
2021-01-30 4 30.00 23.00 26.50 22.97 15.37%
2021-01-23 4 30.00 23.00 26.50 25.05 5.79%
2021-01-16 3 28.00 17.00 23.33 23.75 -1.77%
2021-01-09 2 25.00 17.00 21.00 20.78 1.06%
2019-01-28 1 17.75 17.75 17.75 NA NA%

DM Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.6 2 1 1 0 0 5

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for DM as an investment opportunity.

  • Desktop Metal Inc's variance in analysts' estimates is lower than 15.01% of all US stocks.
  • The upside potential (average analyst target price relative to current price) of DM is greater than 86.75% of stocks in the mid market cap category.
  • The average analyst price target of DM is greater than 20.13% of stocks in the mid market cap category.
  • Desktop Metal Inc's number of analysts covering the stock is greater than 30.41% of stocks in the mid market cap category.

In the Computers industry, OSPN, UIS and DBD are the three stocks most similar to Desktop Metal Inc regarding the price target and analyst recommendation information presented here.

Is DM a Buy, Hold or Sell? See the POWR Ratings now!


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