Desktop Metal Inc. (DM) Social Stream



Desktop Metal Inc. (DM): $0.96

0.08 (-8.05%)

POWR Rating

Component Grades

Momentum

B

Stability

F

Sentiment

Quality

D

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Industry: Technology - 3D Printing

Industry

D

Ranked

#5 of 5

in industry

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.

What is the outlook for DM? Use POWR Ratings for clearer insight into price direction.


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