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DM / Desktop Metal: Shifting To Hold Rating While We Await Profit Performance In FY23

Desktop Metal: Shifting To Hold Rating While We Await Profit Performance In FY23
Desktop Metal, Inc. stock price has already surpassed my target price of $1.9 and now trades at a premium of 2.7x forward revenue, which has lowered the near-term risk/reward ratio. The company reported Q4 2022 earnings above and beyond the high end of their guidance range, and management announced plans to cut costs, with the expectation of achieving a breakeven EBITDA. Read More
Posted: Apr 4 2023, 19:38
Author Name: Seeking Alpha
Views: 110633

DM News  

Desktop Metal to Release Third Quarter 2023 Financial Results on Thursday, November 9, 2023

By Business Wire
November 2, 2023

Desktop Metal to Release Third Quarter 2023 Financial Results on Thursday, November 9, 2023

BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the third quarter ended Sep more_horizontal

Desktop Metal's stock falls toward 9-month low after ‘poison pill' plan terminated

By Market Watch
October 9, 2023

Desktop Metal's stock falls toward 9-month low after ‘poison pill' plan terminated

Shares of Desktop Metal Inc. DM, +2.40% dropped 1.6% toward a nine-month low in premarket trading Monday, after the 3D printer company said it termina more_horizontal

Desktop Metal: Scaling Additive Manufacturing

By Seeking Alpha
July 26, 2023

Desktop Metal: Scaling Additive Manufacturing

Desktop Metal is struggling to establish its business in a challenging macro environment, but its single pass jetting technology could provide signifi more_horizontal

Desktop Metal: High Ambitions Despite Macroeconomic Pressures

By Seeking Alpha
June 16, 2023

Desktop Metal: High Ambitions Despite Macroeconomic Pressures

Desktop Metal has a clear mission to achieve a significant market share in additive manufacturing. The company is strategically focused on driving org more_horizontal

Is Stratasys' Deal for Desktop Metal Bad News for Investors?

By The Motley Fool
June 8, 2023

Is Stratasys' Deal for Desktop Metal Bad News for Investors?

First Nano Dimension said it wanted to buy Stratasys. Then Stratasys said it intends to buy Desktop Metal. more_horizontal

Desktop Metal, Inc. (DM) Q1 2023 Earnings Call Transcript

By Seeking Alpha
May 10, 2023

Desktop Metal, Inc. (DM) Q1 2023 Earnings Call Transcript

Desktop Metal, Inc. (NYSE:DM ) Q1 2023 Earnings Conference Call May 10, 2023 4:30 PM ET Company Participants Jay Gentzkow - Vice President of Investor more_horizontal

Desktop Metal, Inc. (DM) Reports Q1 Loss, Misses Revenue Estimates

By Zacks Investment Research
May 10, 2023

Desktop Metal, Inc. (DM) Reports Q1 Loss, Misses Revenue Estimates

Desktop Metal, Inc. (DM) came out with a quarterly loss of $0.08 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.14 p more_horizontal

Desktop Metal to Release First Quarter 2023 Financial Results on Wednesday, May 10, 2023

By Business Wire
April 6, 2023

Desktop Metal to Release First Quarter 2023 Financial Results on Wednesday, May 10, 2023

BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the first quarter ended Mar more_horizontal


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