Desktop Metal Inc. (DM) Social Stream
DESKTOP METAL INC (DM) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering DM.
| 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 | $2 | 775% |
| 2021-11-16 | 6 | $22 | $11 | $14.666 | $2 | 633.3% |
| 2021-12-08 | 5 | $16 | $11 | $12.666 | $2 | 533.3% |
| 2022-03-07 | 5 | $16 | $11 | $12.666 | $2 | 533.3% |
| 2022-03-16 | 5 | $16 | $6 | $11 | $2 | 450% |
| 2022-04-14 | 5 | $13 | $6 | $9.5 | $2 | 375% |
| 2022-05-27 | 4 | $7 | $6 | $6.5 | $2 | 225% |
| 2022-08-12 | 2 | $7 | $5 | $6 | $2 | 200% |
| 2023-01-06 | 3 | $7 | $1.75 | $4.583 | $2 | 129.15% |
| 2023-03-03 | 2 | $7 | $1.9 | $4.633 | $2 | 131.65% |
| 2023-03-07 | 3 | $7 | $1.9 | $3.966 | $2 | 98.3% |
The Trend in the Analyst Price Target
DM's average price target has moved down $13.78 over the prior 50 months.
DM reports an average of 132.53% for its upside potential over the past 47 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-08-12 | 1 | 7 | 5.00 | 6.000 | 3.34 | 79.64% |
| 2022-08-12 | 2 | 7 | 5.00 | 6.000 | 3.34 | 79.64% |
| 2023-01-06 | 3 | 7 | 1.75 | 4.583 | 1.42 | 222.75% |
| 2023-03-03 | 2 | 7 | 1.90 | 4.633 | 2.25 | 105.91% |
| 2023-03-07 | 3 | 7 | 1.90 | 3.966 | 2.30 | 72.43% |
DM Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.33 | 1 | 0 | 2 | 0 | 0 | 3 |
The Trend in the Broker Recommendations
Over the past 30 weeks, DM's average broker recommendation rating worsened by 0.66.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- DM has a higher average analyst price target than 179.92% of all US stocks.
- In the context of Machinery stocks, DESKTOP METAL INC's upside potential (average analyst target price relative to current price) is greater than 1809.64% of them.
- To contextualize these metrics, consider that out of Technology stocks, DESKTOP METAL INC's number of analysts covering the stock is higher than 228.45% of them.
- In terms of how DESKTOP METAL INC fares relative to Machinery stocks, note that its variance in analysts' estimates is lower than -1298.24% of that group.
Stocks similar to DESKTOP METAL INC in the Machinery industry regarding analyst recommendations and price targets are ACMR, ACLS, and VECO.
View All Top Stocks by Price Target
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