Desktop Metal Inc. (DM) Social Stream
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.
| 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 | $5.21 | 235.89% |
| 2021-11-16 | 6 | $22 | $11 | $15.25 | $5.21 | 192.71% |
| 2021-12-08 | 5 | $16 | $11 | $12.666 | $5.21 | 143.11% |
| 2022-03-07 | 5 | $16 | $11 | $12.666 | $5.21 | 143.11% |
| 2022-03-16 | 5 | $16 | $6 | $11 | $5.21 | 111.13% |
The Trend in the Analyst Price Target
Over the past 52 weeks, DM's average price target has gone down $17.
DM reports an average of 86.46% for its upside potential over the past 49 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-04-17 | 4 | 34 | 11 | 22.60 | 12.70 | 77.95% |
| 2021-05-22 | 4 | 28 | 11 | 18.20 | 13.17 | 38.19% |
| 2021-07-10 | 4 | 22 | 11 | 16.50 | 10.44 | 58.05% |
| 2021-08-05 | 4 | 22 | 9 | 16.17 | 9.39 | 72.2% |
| 2021-09-04 | 6 | 22 | 8 | 14.80 | 8.79 | 68.37% |
DM Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.8 | 3 | 0 | 2 | 0 | 0 | 5 |
The Trend in the Broker Recommendations
DM's average broker recommendation rating improved by 0.53 over the prior 151 days.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- DM has a greater upside potential (average analyst target price relative to current price) than 652.16% of Machinery stocks.
- Desktop Metal Inc's variance in analysts' estimates is lower than -518.92% of Machinery stocks.
- In terms of how Desktop Metal Inc fares relative to Machinery stocks, note that its average analyst price target is higher than 86.6% of that group.
- In terms of how Desktop Metal Inc fares relative to Technology stocks, note that its number of analysts covering the stock is higher than 158.27% of that group.
In the Machinery industry, CRCT, ACMR, and ACLS are the three stocks most similar to Desktop Metal Inc regarding the price target and analyst recommendation information presented here.
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