Matterport, Inc. (MTTR) News
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MTTR News Highlights
- For MTTR, its 30 day story count is now at 28.
- Over the past 23 days, the trend for MTTR's stories per day has been choppy and unclear. It has oscillated between 1 and 8.
- WIX, ESE and TWIN are the most mentioned tickers in articles about MTTR.
Latest MTTR News From Around the Web
Below are the latest news stories about Matterport Inc that investors may wish to consider to help them evaluate MTTR as an investment opportunity.
Matterport (MTTR) is a spatial data company focused on digitizing and indexing the built world. We are neutral on the stock. Matterport Faced Some Headwinds Matterport has fallen significantly from its all-time highs. More recently, the stock price took another hit after its latest earnings report. Although the company slightly beat on revenue and came in line with earnings, it missed on guidance by a lot. Analysts were expecting 2022 revenues to be approximately $160 million, but MTTR guided for $130 million at the midpoint. In addition, revenue from its hardware products declined in the fourth quarter compared to the same period in 2020.
The perception today is a purchase of MTTR stock favors the brave, but the long-haul reality could be radically different for investors.
Savvy investors can generate lucrative returns by investing in companies that look like prime takeover targets.
We’re not even two full months into 2022 and some charts make for almost comical reading based on the absurd drops some stocks have exhibited. For instance, since the turn of the year, shares of Matterport (MTTR) have already shaved 70% off their value. The volatile market conditions can be partly to blame, but it hasn’t helped that the spatial data company announced a disappointing outlook when delivering 4Q21’s financials earlier this month. However, Deutsche Bank’s Bhavin Shah recently met with Matterport’s management, and found the company in confident mood.
Although MTTR stock appears to be a compelling investment, Matterport is doing poorly.
While the devastation caused by Matterport’s Q4 earnings may attract contrarians for MTTR stock, you might want to think twice.
Market forces rained on the parade of Matterport, Inc. ( NASDAQ:MTTR ) shareholders today, when the analysts downgraded...
The company alarmed investors yesterday with terrible quarterly numbers.
Are MTTR and RBLX simply the latest growth stocks to suffer from rising rates?
Matterport had a great concept and story for investors.